Latest Stock Market News

Silver prices in Chennai surged past ₹2 lakh per kg to ₹2,06,000 on October 16, driven by strong festive demand. The metal has risen nearly 28% since October 1, reflecting a broader rally in domestic and international precious metals markets.

China’s rare earth export curbs threaten India’s EV, electronics, and renewable sectors. Companies like Tata Motors, Bajaj Auto, and Suzlon may face supply disruptions, higher costs, and project delays.

Eternal share price: Eternal shares hit a record high ahead of Q2 results, with analysts expecting robust topline growth led by Blinkit’s quick commerce business. However, profit may drop up to 71% year-on-year due to elevated delivery costs and weak margins in the food delivery segment.

After months of outflows, FIIs have turned net buyers in October, investing over Rs 3,000 crore in just seven sessions. The shift to inflows has lifted Sensex and Nifty by about 3%, reflecting improved sentiment amid easing India–US trade tensions and supportive domestic policies.

On Thursday morning, Indian government bonds experienced a surprising downturn as traders opted to lock in profits. This dip followed the release of the Reserve Bank of India s latest meeting minutes, which hinted at possible future interest rate cuts. With inflationary pressures easing, the market is buzzing with speculation about a potential rate cut in December.

Canara Robeco Asset Management Company shares surged over 12% on Thursday after a strong listing, trading significantly above its issue price. Analysts are optimistic about its growth prospects, citing strong equity market performance and the company s well-positioned business model. Investors are advised to book partial profits while holding the remainder for long-term gains.

Duroflex, a prominent name in the Indian mattress industry, is set to take a bold step as it readies for its initial public offering. This strategic move aims to raise capital through a combination of new share issues and offerings from current investors.

Australian stocks reached a new peak on Thursday. Financials, property, and gold sectors saw significant gains. This surge followed an unexpected rise in unemployment. Investors now anticipate an interest rate cut next month. The S&P/ASX 200 index climbed, marking a historic high. This positive market movement reflects growing confidence in the Australian economy.

Cian Agro Industries & Infrastructure shares experienced a significant halt on Thursday, falling 5% to Rs 3,287.15 after a remarkable 16-session rally. Despite this correction, the stock has delivered extraordinary returns, skyrocketing over 8,450% in two years and showing substantial gains across various recent timeframes.

India’s cement makers likely saw peak earnings in Q2, supported by volume growth and acquisitions. However, GST-led price moderation, higher petcoke costs, and new capacity additions may cap future gains, with sequential EBITDA per tonne expected to slip after three quarters of growth.