Latest Stock Market News

Despite being net sellers in the secondary market, foreign portfolio investors are significantly increasing their investments in Indian IPOs, with a threefold surge to ₹26,508 crore in FY25. This indicates strong confidence in India s growth story, driven by the potential for higher returns and access to differentiated business models.

Asian stock markets showed mixed performance. Investors are keenly waiting for Nvidia s earnings report. This report will likely guide market trends. Nikon shares rose in Japan. Cambricon Technologies in China reported record profits. US shares increased, led by Nvidia. Investors are also watching for Friday s inflation data. The market is focused on a potential September rate cut.

The S&P 500 saw gains, boosted by Nvidia and Eli Lilly. Donald Trump s move to dismiss a central bank governor raised worries about the Federal Reserve s autonomy. Nvidia s upcoming report is keenly awaited. It will give insights on AI stocks. Eli Lilly s weight-loss pill showed promising results. Advanced Micro Devices received an upgrade.

NSE Holidays 2025: Indian stock and commodity markets are closed today, August 27, for Ganesh Chaturthi, following the Independence Day holiday earlier this month. Trading on the BSE and NSE, including equities and derivatives, will resume on Thursday. While MCX will have evening trade, NCDEX remains closed for the entire day.

Trump had on Monday said he would fire Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, though Cook s lawyer later said the governor will file a lawsuit to prevent her ouster, kicking off what could be a protracted legal fight.

Securities and Exchange Board of India has provided stock brokers with more time. They can now submit their net worth certificates. This extension aims to ease compliance. The new deadlines are November 15 and May 31. Earlier deadlines were October 31 and April 30. Stock exchanges will update their rules.

Oil prices remained relatively stable on Wednesday as the market anticipates new U.S. tariffs on India due to its Russian oil purchases. These tariffs, set to increase significantly, have raised concerns about their potential impact on Indian refiners buying habits.

Gold prices saw a slight decrease because of a stronger dollar. However, worries about President Trump s actions regarding the Federal Reserve provided some support to gold. Trump s attempt to remove Lisa Cook raised concerns about the Fed s independence. Markets anticipate a possible rate cut by the Fed next month.

Often backed by deep research, investment moves by mutual fund houses serve as early warnings or signals of shifting market trends.

PL Capital s picks span financials, consumption, infrastructure, and healthcare and reflect what the brokerage calls its “high-conviction” ideas in the current environment.