Latest Stock Market News

Tata Motors share price: Tata Motors’ demerger takes effect on October 1, splitting its commercial and passenger vehicle businesses into two independent entities. The PV arm becomes Tata Motors Passenger Vehicles Ltd, while the CV segment will list separately as Tata Motors Ltd, with shareholders receiving shares in a 1:1 ratio.

Anand Rathi shares surged up to 12.7% driven by strong retail participation and positive market sentiment. Intraday gains of 4.7% reflect investor optimism and confidence in the company’s growth outlook and fundamentals.

Shares of Netweb Technologies surged to a record Rs 4,108 on the NSE, up 13%, extending a rally of 80% in a month and 170% in six months. The stock’s momentum is driven by India’s digital infrastructure growth, AI adoption, data localisation policies, and major order wins, including Nvidia-powered server contracts and Tyrone GPU-accelerated AI systems.

PSU bank stocks fell up to 1.4% on Wednesday after RBI kept the repo rate unchanged at 5.5% and maintained a neutral stance. The Nifty PSU Bank index slipped 0.78% to 7,468, with Indian Bank, Canara Bank, and PNB among the top decliners. SBI and Bank of Baroda also dipped, despite RBI raising FY26 GDP growth forecast to 6.8%.

Fabtech Technologies and OM Freight Forwarders are in their third day of IPO bidding. By Day 2, Fabtech achieved full subscription, while OM Freight Forwarders saw 2.23 times oversubscription. Fabtech s GMP stands at 1%, indicating moderate interest, whereas OM Freight s stronger 2.2% GMP reflects higher investor confidence.

RBI raises credit limits: Loan against shares ceiling hiked from Rs 20 lakh to Rs 1 crore, and IPO financing limit increased to Rs 25 lakh. Governor Sanjay Malhotra said these measures, part of five steps to boost credit, follow a 100-bps rate cut in 2025.

India s central bank intervened in currency markets on Wednesday, selling dollars through state-run banks to support the rupee. This action occurred ahead of a crucial policy decision, with traders anticipating a potential rate cut. The rupee, which opened slightly higher at 88.7750 per dollar, was lifted from its all-time low near 88.

India s central bank proposed measures to boost the rupee s global use, including allowing local banks to lend in rupees to businesses in neighboring countries for trade. It will also establish reference exchange rates and permit foreign entities to invest surplus vostro account rupee balances in corporate bonds and commercial papers.

Japan s shorter-dated government bond yields fell as investors sought safe-haven assets following the US government shutdown. The two-year and ten-year JGBs saw slight declines amidst global uncertainties. Concurrently, a Bank of Japan survey revealed improved manufacturer confidence, heightening prospects for an interest rate hike as early as this month, though market reaction to the survey was limited.

China s housing market continues its struggle, with new home price growth slowing and resale prices falling further in September, a traditionally peak buying month. Despite numerous government support measures, the sector remains mired in a downturn since 2021. Analysts now predict recovery no earlier than late 2026, as weak income expectations and high unemployment deter buyers, impacting broader economic stability.