Market News & Updates
Stay informed with useful updates from markets, mutual funds, and investor awareness initiatives.
09 Oct 2026
Cupid among 7 stocks that hit 52-week highs; rallied up to 30% in a month
Seven stocks from the BSE 1000 index hit fresh 52-week highs as the Sensex rallied 879 points. Cupid led the list with a 31% monthly gain, followed by Shreeji Shipping Global, Aditya Infotech and other stocks.
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09 Oct 2026
Reliance Jio IPO: Likely price band for India's biggest listing revealed. Check details
Jio Platforms has set a price band of Rs 1,065-1,119 for its upcoming IPO. The company plans to raise between Rs 28,755 crore and Rs 30,213 crore with the offer. Public subscription is scheduled to start on October 21, with shares potentially listing on October 28.
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09 Oct 2026
Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair price
Nomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The brokerage lowered earnings estimates, while alternative scenarios suggest fair values of Rs 1,335-1,366.
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09 Oct 2026
Rupee posts weekly fall despite rate hike amid adverse flows, weak sentiment
In recent trading, the Indian rupee closed at 96.73 against the dollar, showing minimal fluctuation from its prior standing. The rupee's slide was mitigated by dollar sales from state-run banks, although it lingers close to record lows. Analysts foresee a further downturn due to challenging market conditions, with the currency's stability affected by a decline in India's foreign exchange reserves over the past four weeks.
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09 Oct 2026
Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now?
Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBI’s shift to calibrated tightening continue to cloud the market outlook.
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09 Oct 2026
Madhusudan Kela-backed MV Electrosystems shares more than double from IPO price in just 2 months. Should you buy?
MV Electrosystems shares have surged over 100% from their IPO price, boosting Madhuri Kela’s stake value to Rs 111.55 crore. However, declining FY26 revenue and a net loss raise concerns about the company’s future profitability.
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09 Oct 2026
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surge
Foreign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter monetary policies weakened risk appetite. South Korea and India led outflows, while hedge funds reduced exposure amid persistent market uncertainty.
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09 Oct 2026
Global Market: European companies set for 21% Q3 earnings growth, led by energy firms
European companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However, excluding energy, growth is forecast at 9.7%, while real estate earnings are projected to fall sharply.
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09 Oct 2026
Why are US stocks rallying despite Fed rate shock? Aswath Damodaran explains in the context of AI
US stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation expert Aswath Damodaran. However, with equity risk premiums falling below 4%, he warns that the rally hinges on whether AI investments can deliver the profits investors expect, raising the risk of a sharp market correction.
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