Latest Stock Market News

State Bank of India (SBI) is planning to raise at least $500 million through dollar-denominated bonds with a five-year maturity, potentially reaching $1 billion based on demand. This move follows S&P Global Ratings upgrade of India s sovereign credit rating. The bonds are expected to receive strong demand, potentially leading to a cutoff below the initial guidance of U.S.

Jubilant Ingrevia shares are recovering after a period of decline. Domestic operations and limited US exposure shield it from tariffs. EU s anti-dumping duty on Chinese choline chloride benefits the company. Capacity expansion and agriculture sector opportunities drive growth. Cost optimization measures are expected to improve margins. The company anticipates higher choline chloride exports to Europe.

The markets opened positively, buoyed by strong Q1 GDP figures. Hero MotoCorp reported an 8% YoY increase in sales, while Hyundai India saw a 4% dip. Maruti Suzuki began exporting its first BEV, the eVITARA, and BEL secured additional orders worth ₹644 crore.

Asian stocks saw modest gains, driven by technology and AI sectors, particularly Alibaba s surge. Investors are eyeing upcoming jobs and inflation data, along with the Federal Reserve s rate decision, amid historical September market weakness. Meanwhile, Indonesian markets face political risks, and longer-maturity bonds brace for a potentially challenging month.

Indian institutions are close to a record in stock purchases this year. This cushions the market as foreign funds sell. Local investors have bought over $59 billion in equities. Foreigners have withdrawn $14 billion in 2025. Retail participation drives most inflows. Investors are moving from traditional savings to equity funds. Local institutions ownership hit a record high.

Puravankara Limited secures a redevelopment project in Mumbai s Malabar Hill. The project involves redeveloping Samrat Ashok Co-operative Housing Society. Purva Blue Agate Private Limited, a subsidiary, received the Letter of Award. The 1.43-acre project has a development potential of 7 lakh square feet. The company anticipates revenue of approximately Rs 2,700 crore from the saleable area.

Nirala World has sold 400 studio apartments in Greater Noida for Rs 275 crore, driven by strong demand from both end-users and investors. The studio apartments, located in the Nirala Gateway project, range from 612 to 1,122 sq ft, with prices starting at Rs 65 lakh.

Gold prices surged to a record high of $3,501.59 an ounce in Asian trading, driven by expectations of Federal Reserve rate cuts and anxieties surrounding the central bank s future. The precious metal s rally is further fueled by its safe-haven appeal amidst political and economic uncertainties, including the global trade war initiated by former US President Donald Trump.

The U.S. dollar saw a slight recovery in Asian markets after a period of decline. Investors are watching U.S. economic data closely. This is to understand the impact of President Trump s policies. Gold prices are near record highs as investors seek safe havens. The euro experienced a slight dip. The Australian dollar paused after gains.