Latest Stock Market News

Retail investors have steadily increased their holdings in small-cap stocks for four consecutive quarters, showing confidence in emerging companies. But while select stocks delivered up to 90% returns, most remain in the red, raising questions about retail strategy and sustainability.

European shares climbed on Wednesday, bouncing back from steep losses in the previous session, as a selloff in longer-dated bonds appeared to stabilize, while investors awaited U.S. job openings data.

Shringar House of Mangalsutra is set to launch its IPO on September 10, aiming to raise funds through a fresh issue of equity shares. Specializing in mangalsutras, the company holds a notable market share and intends to utilize the IPO proceeds for working capital and general corporate purposes.

Metal stocks rallied on Wednesday with Tata Steel up 6%, as China’s production curbs and India’s tariff protection boosted sentiment. The Nifty Metal index rose 2.5%, led by Tata Steel, Jindal Steel, SAIL, and JSW Steel, with analysts seeing firmer steel prices ahead.

JM Financial has rebalanced its model portfolio, turning bullish on consumption sectors like autos, consumer, cement, internet, hotels, and real estate, while cutting exposure to banks, NBFCs, insurance, infrastructure, ports, and defence, citing fiscal constraints and weak credit growth as key concerns.

Accel, one of Facebook’s early investors, is set to reap a 2,600% return in Urban Company’s upcoming Rs 1,900 crore IPO. As per the red herring prospectus (RHP), Accel India holds 14.56 crore shares, a 9.9% fully diluted stake in the tech-enabled home services platform.

Recent bond yield spikes have created a tactical entry point for investors in gilt funds, which hold long-duration government securities. Experts believe the market is currently undervalued, presenting an opportunity for capital appreciation as yields potentially decline. However, analysts caution about risks like potential fiscal deficit increases and rising inflation, which could impact bond yields.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.