Latest Stock Market News

Ola Electric s shares are rebounding strongly. The stock has increased significantly in the past month. This is due to positive technical indicators and PLI scheme approval. The approval allows Ola to receive incentives until 2028. Analysts predict further gains, with potential targets of Rs 80-90. However, the company reported a net loss in the June quarter.

India’s GST meeting may cut tax slabs on discretionary items, potentially boosting consumption if benefits reach consumers. Global trade tensions, especially U.S. tariffs, pressure exporters, while rising bond yields reflect inflation concerns. Precious metals remain safe-haven favorites amid geopolitical risks, keeping investors cautious yet opportunistic.

Apollo Micro Systems shares: Apollo Micro Systems hit a new 52-week high at Rs 303 on Wednesday, extending gains for the fourth session. The stock has surged 160% in six months, outperforming defence peers like Astra Microwave, BEML, Paras Defence, and BEL.

Vikran Engineering’s shares rose about 5% on debut, listing slightly above its Rs 97 IPO price in a Rs 772-crore offering backed by investors Mukul Agrawal and Ashish Kacholia. Despite strong subscription and a robust order book, gains fell short of grey market expectations. Analysts recommend holding for long-term growth supported by government infrastructure spending and the company’s asset-light model.

Euro zone bond yields remained steady near multi-year highs. Investors are worried about government debt. Germany s 30-year yield was close to a 14-year high. French bonds showed little reaction to political news. Heavy bond supply is expected from Germany, Japan, and the US. Japan s 30-year government bond yield hit a record high. Societe Generale anticipates significant European bond issuance.

Initial Public Offerings of India s shadow banks face challenges. Several firms, including SK Finance and Belstar Microfinance, shelve their IPO plans. Investors are wary due to rising bad loans and economic uncertainty. Other lenders like Veritas Finance and Aye Finance delay their offerings. Concerns about unsecured loans and US tariffs add to the pressure.

Urban Company is launching a Rs 1,900 crore IPO on September 10, closing September 12. With strong brand recall, a tech-driven hyperlocal model, and over 97 million service orders completed, it’s one of FY26’s most anticipated listings. Allotment is on September 15, with listing scheduled for September 17.

Anlon Healthcare’s shares debuted with a modest 1% premium amid volatile pharma markets, despite a strong 7.12x IPO subscription driven by retail investors. The specialized API manufacturer showed robust financial growth, with revenue up 81% in FY25 and expanding profit margins. While niche products and global approvals boost prospects, risks include limited operating history and regulatory challenges. Analysts consider the IPO fully priced.

Wall Street experienced a downturn on Tuesday, influenced by uncertainty surrounding President Trump s tariffs after a court ruling deemed them largely illegal. Investors are also anticipating the upcoming U.S. payrolls report amidst concerns of weak job growth. The Dow, S&P 500, and Nasdaq all declined. While real estate suffered, PepsiCo saw gains due to activist investor interest.

Gold prices continued their record-breaking surge, surpassing $3,500 per ounce, fueled by strong investor expectations of a U.S. Federal Reserve interest rate cut in September. The anticipation of lower interest rates and increased holdings in gold-backed ETFs are contributing to the precious metal s bullish momentum. Investors are closely monitoring upcoming U.S.