Latest Stock Market News

Vikran Engineering entered the stock market after a successful IPO. The IPO was subscribed nearly 25 times. The company focuses on infrastructure projects like power transmission and water supply. Vikran has completed many projects. Its revenue and profit have increased significantly in recent years. The company plans to use the IPO proceeds for working capital.

Zerodha, India s leading retail brokerage, experienced a technical glitch on Wednesday morning, causing price updates to freeze on its app. Users flocked to social media to report the issue, though order placement remained unaffected. Zerodha advised clients to use the Kite web platform as a temporary workaround.

Tokyo markets hit record highs as foreign inflows, corporate buybacks, and policy reforms fuel Japan’s reflation story. While retail investors remain cautious, steady yen levels, asset rotation, and value stock outperformance suggest further momentum if domestic capital joins the rally.

Vikas Khemani expects a broad-based market rally, with financials, pharma, and manufacturing leading the charge. He sees large-caps offering stability while mid- and small-caps could outperform once sentiment improves, noting that short-covering and renewed buying may follow if tariff issues ease in the coming months.

Anlon Healthcare shares had a muted debut, listing slightly above its IPO price after a nearly 7x subscription. The company plans to use the Rs 121 crore raised for expansion and debt reduction. Despite a limited operating history and regulatory risks, Anlon s strong financial growth, expanding product portfolio, and regulatory approvals make it a compelling long-term investment.

US IPOs are regaining momentum as tariff concerns ease and markets hover near record highs. Big names across tech, finance, and consumer sectors are preparing listings in a crucial fall window, with analysts expecting strong demand and a broader rebound into 2026.

Indus Towers shares fell 5% to a 52-week low after the board approved a strategic international expansion into Nigeria, Uganda, and Zambia. While the move aligns with the government’s push for global growth, investors appeared cautious due to risks like regulatory hurdles, geopolitical instability, and cost pressures. The plan leverages Indus’s ties with Bharti Airtel in African markets.

TBO Tek shares jumped 11.61% to Rs 1,541.30 on NSE after announcing the acquisition of US-based Classic Vacations for up to $125 million. This strategic move will boost TBO Tek’s global footprint in the luxury travel market, combining advanced technology with Classic Vacations’ established luxury travel network and five decades of industry experience.

ITC shares have delivered no returns in two years amid GST, BAT stake sale, and Marlboro concerns. Jefferies expects revenue-neutral GST changes, which could ease investor worries and support steady cigarette industry growth.

Gold hit a record Rs 1,06,199/10 gm on MCX on Wednesday, gaining Rs 407 amid safe-haven demand and global uncertainties, while silver traded flat at Rs 1,24,476/kg. Internationally, gold neared $3,600/oz as silver eased on mild profit-taking.