Latest Stock Market News

Bitcoin slipped to $110,186, down over 4% in a week after Powell’s dovish Jackson Hole speech. Analysts warn of short-term downside pressures amid whale sell-offs and $550 million in liquidations, even as institutional flows and Ethereum’s strength underpin long-term bullish momentum in crypto markets.

Debt-free and low-leverage smallcaps are outperforming in FY26, with nine stocks delivering 70–135% returns. Two turned multibaggers, highlighting investor preference for financially disciplined companies amid market volatility.

HDFC Sec’s Varun Lohchab sees Indian markets delivering steady but modest returns, with earnings growth sustaining in double digits and consumption set to recover gradually aided by GST and tax reforms.

Gem Aromatics shares experienced a surge, reaching a day s high of Rs 349 on the BSE after a debut with a modest premium. The IPO, which was subscribed 30.45 times, saw significant interest from institutional and retail investors. Funds raised will be used to repay borrowings and for general corporate purposes.

Indian IT firms are unlikely to regain double-digit growth, with HSBC projecting long-term expansion of 4–5% due to structural headwinds, AI’s deflationary impact, and reliance on US/European demand.

Anondita Medicare s SME IPO witnessed substantial investor interest, oversubscribing 60.72 times, fueled by a strong grey market premium suggesting a potential 48% gain upon listing. The IPO aims to raise funds for capital expenditure, working capital, and potential acquisitions. The company, manufacturing condoms under the COBRA brand, has shown impressive revenue and profit growth.

Vikran Engineering’s Rs 772 crore IPO opened for subscription on August 26 and was fully subscribed within the first two hours. The issue, priced at Rs 92–97 per share, has seen strong demand from retail and non-institutional investors, though QIB participation remains low. Shares are quoting at a 17% premium in the grey market.

Gold and silver prices rose in domestic markets, driven by safe-haven demand after Fed Governor Lisa Cook’s firing and expectations of a September rate cut. Gold touched Rs 1,00,950/10g, silver Rs 1,16,284/kg. Volatility is expected amid rupee movements, dollar index fluctuations, and geopolitical tensions.

European shares dropped on Tuesday, led by losses in France as political uncertainty deepened in the country, while mounting concerns over the U.S. Federal Reserve s independence curbed appetite for riskier assets globally.

Patel Retail fell 5% to ₹290 after a strong debut but still trades 14% above its IPO price of ₹255; with a market cap of over ₹971 crore, analysts advise short-term investors to book profits.