Latest Stock Market News

Shanti Gold International listed at a 14-15% premium on Friday, slightly below grey market expectations. Shares rose up to 5% intraday, offering modest IPO gains. Analysts highlighted strong fundamentals and growth, but cautioned about stretched valuations and sector risks. Experts suggest long-term investors adopt a staggered approach post-listing, while traders may have already realised most of the short-term upside.

Gold and silver prices extended losses for a second day, tracking equity market weakness and a stronger U.S. dollar index. October gold futures fell to Rs 98,460/10gm, while silver dipped to Rs 1,09,798/kg. Hawkish Fed commentary, new U.S. tariffs, and slowing demand outlook further pressured bullion amid global market volatility.

Bitcoin fell below $115,200 amid US tariffs and profit booking, triggering $630 million in crypto liquidations. Ethereum dropped 5% before rebounding. Despite short-term volatility, analysts see long-term bullish signs driven by ETF inflows, institutional demand, and key support levels holding.

Excelsoft Technologies, a vertical SaaS (software-as-a-service) company focused on the learning and assessment market, has received markets reulator Sebi s go-ahead to raise Rs 700 crore through an initial public offering (IPO).

Pankaj Pandey shares insights on various sectors. Pharma companies are focusing on specialty products. Generic drug pricing pressure is expected to continue. FMCG companies are shifting strategies to chase margins. Cement sector is showing better numbers. Hotel sector is also performing well. Auto sector is selectively positive. Food segment is expected to show double digit growth.

Before the split, the company had 2,480 crore authorised equity shares with a face value of Rs 10 each, totalling Rs 24,800 crore. Post-split, it will have 12,400 crore shares of ₹2 each, keeping the authorised capital unchanged at Rs 24,800 crore.

Japan s Nikkei share average slid on Friday, dragged lower by chip-related stocks on rekindled concerns about technology investment.

Seshadri Sen of Emkay Global Financial Services discusses the Indian market. He believes tariffs pose a limited threat. A cyclical recovery in consumption is expected. This will be driven by the Reserve Bank of India s monetary stimulus. Earnings are mixed, but not alarming. Consumer discretionary and industrials are favored sectors.

European stocks hit a 3-week low on Friday at the end of a busy week as investors worried about the impact of fresh U.S. levies on dozens of countries including a 39% rate on Switzerland.

Nuvama Wealth Management s shares have declined following income tax searches related to the Jane Street market manipulation probe. While Nuvama hasn t been directly implicated by SEBI, its role as Jane Street s trading partner in India has sparked investor concerns. SEBI alleges Jane Street manipulated index levels, amassing significant profits.