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Latest Stock Market News

Japan s Nikkei experienced a volatile session, initially surging past 44,000 on hopes of increased government spending following Prime Minister Ishiba s resignation. However, the index reversed course, closing lower due to a strengthening yen, which dampened exporter earnings. While auto tariff reductions with the U.S. offered some positive news, concerns arose over pharmaceuticals and semiconductors.

Abhay Agarwal, Founder of Piper Serica Advisors, said India is converting global tariff uncertainty into reform-driven growth. He sees four sectors—manufacturing, pharma innovation, consumer internet, and financials—as key drivers, with GST cuts boosting festive demand and small banks, NBFCs, and microfinance lenders emerging as beneficiaries.

Avic Chengdu shares slumped nearly 25% in five sessions, even as the firm remains China’s largest defence company by market value. The decline coincided with Beijing’s military parade, drawing global attention. Despite the fall, the stock remains up year-to-date, while broader defence indices and peers like Zhuzhou Hongda also weakened.

Market expert Neeraj Dewan highlights attractive opportunities for long-term investors across various sectors. He suggests Infosys buyback is appealing due to better valuations, while railway stocks like RailTel are poised for growth after consolidation. Dewan also notes solid entry points in the auto sector following corrections and favors capital market-linked stocks like BSE, NAM, and CAMS for long-term investment.

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Securities and Exchange Board of India stated that the investigation and final order on Jane Street could be much wider. SEBI will not release documents not relied upon for the order. Jane Street appealed against SEBI, seeking document release to rebut market manipulation allegations. The hearing started on Tuesday.

Taurian MPS, a crushing and screening equipment manufacturer, launches its Rs 42 crore IPO today, aiming to list on the NSE SME platform on September 16. The IPO consists of a fresh issue of 24.87 lakh shares, with proceeds allocated for machinery, R&D, working capital, and general corporate purposes. While revenue surged, profit after tax slipped due to rising expenses.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as bullish, indicating the potential for further upward movement in the stock.

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US equity indices surged, with the Nasdaq reaching a new record, fueled by anticipation of Federal Reserve interest rate cuts following benign inflation data. Sam Stovall of CFRA Research noted growing investor confidence in lower rates.

RailTel share price: RailTel has secured orders worth over Rs 700 crore from the Bihar Education Project Council. The contracts include Smart Classrooms, ICT Labs, ISM Labs, and teaching materials across government schools, aimed at boosting digital education and bridging the learning gap.

Infosys share price: Infosys board is set to consider a buyback proposal on September 11. The move comes after a 25% stock slide in a year, aiming to boost investor confidence amid weak IT sector sentiment, muted growth guidance, and global headwinds.

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