Latest Stock Market News

The proposed merger of Sequent Scientific and Viyash Life Sciences, backed by Carlyle, has received overwhelming shareholder support. This ₹8,000-crore merger aims to create a global entity, combining Sequent s animal health focus with Viyash s human health expertise. Hari Babu Bodepudi, the proposed group CEO, highlights opportunities in animal health generics and leveraging synergies between the companies manufacturing capabilities.

The U.S. dollar weakened amidst bond market volatility and concerns over a softening labor market, reinforcing expectations of a Federal Reserve rate cut this month. Weak job openings data and dovish Fed comments spurred a rally in Treasuries, pushing yields lower. Investors are also focused on rising bond yields globally, reflecting concerns about the fiscal health of major economies.

Fast-Moving Consumer Goods stocks may see action. The GST Council reduced tax rates on many everyday items. Rates will fall from 12% or 18% to 5% starting September 22, 2025. This aims to simplify taxes and boost consumption. Items like food, toiletries, and healthcare are affected. The goal is to improve life quality and help FMCG companies.

The GST Council s 56th meeting brought welcome news for the auto sector, slashing GST rates from 28% to 18% on specific vehicle categories, effective September 22, 2025. Petrol, LPG, CNG cars (under 1200cc/4000mm), diesel cars (under 1500cc/4000mm), three-wheelers, and motorcycles (up to 350cc) will benefit. A uniform 18% GST on all auto parts simplifies taxation.

Alphabet s shares surged after a U.S. judge ruled against breaking up Google, adding over $170 billion to its market value. The ruling allows Google to maintain control over Chrome and Android, while barring certain exclusive contracts. Analysts believe this outcome removes a significant legal overhang, potentially deepening Alphabet s partnership with Apple and integrating Gemini AI into iPhones.

Analysts say market sentiment hinges on the outcome of the GST Council meeting in the near term, with traction on consumption-oriented stocks and sectors.

The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board.

Euro zone bond yields were set to finish a volatile day lower on Wednesday, as the recent global selloff eased with help from U.S. labour market data that supported bets on a Federal Reserve rate cut this month.

Dev Accelerator, a flexible office space provider under the DevX brand, will launch its IPO on September 10, offering 2.35 crore fresh shares. The three-day issue aims to fund expansion across India and internationally, with listing on BSE and NSE on September 17.