Latest Stock Market News

Investment expert Dipan Mehta shares market insights. Public sector banks present strong financial opportunities. Their internal growth dynamics now compare favorably with private banks. Select midcap IT companies also show promise. Tata Elxsi and Coforge offer earnings visibility. Mehta suggests caution regarding metals and largecap IT stocks. Investors may consider these sector recommendations.

ITC’s long-standing dominance is being challenged as Godfrey Phillips’ Marlboro surges, doubling in 2025 and delivering 9x returns over three years. While ITC still holds over 75% market share, aggressive Marlboro rollout and rising preference among younger smokers are eroding its stronghold. Q1 FY26 volume trends highlight intensifying competition and continued market share loss for ITC.

Jain Resource Recycling debuted at a 14% premium, opening at Rs 265 against its Rs 232 IPO price. The Rs 1,250 crore IPO saw strong investor demand, subscribed 16.8 times overall. The non-ferrous metal recycler, despite rapid financial growth, faces challenges in sustaining growth and expanding its thin 3% net margin post-listing.

Tata Motors’ demerger takes effect on October 1, splitting its commercial vehicle and passenger vehicle businesses into two listed entities. Shareholders will receive one share in the new CV company per existing share, with listings expected by mid-November, enabling independent valuation and trading.

Epack Prefab Technologies debuted at a discount on Wednesday, listing below its IPO price and grey market expectations. Despite healthy financial growth and a strong order book, analysts deemed its 34.5x earnings valuation expensive, leaving limited room for near-term upside. Investors will monitor its expansion plans and margin sustainability.

Market experts are urging caution for investors in the unlisted space, as valuations for companies with strong brands often appear stretched. Many current IPOs are fully priced, offering limited listing gains for new investors. Proper valuation analysis, rather than brand names alone, remains crucial for successful navigation.

BMW Ventures made a weak debut on bourses, listing at a significant discount after its moderately subscribed IPO. Despite a strong distribution network and diversified products, the company faces challenges with thin margins and a high valuation. Its future trajectory hinges on improving profitability and reducing debt in a competitive market.

Tata Investment Corporation shares have surged over 45% in seven sessions, hitting a record Rs 10,611 on strong technical momentum and expectations of Tata Sons’ listing and Tata Capital IPO. Experts suggest holding or accumulating on dips amid near-term volatility.

Gold and silver prices on MCX surged to new all-time highs on Wednesday, fueled by strong global safe-haven demand amidst U.S. government shutdown fears and expectations of Federal Reserve interest rate cuts. International spot prices also reached record levels, with experts advising investors to wait for corrective dips before initiating fresh long positions.