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Latest Stock Market News

Sandeep Tandon of Quant Mutual Fund sees India’s market setup as constructive, recommending continued exposure to IT, pharma, and FMCG. IT stocks may outperform over 6–12 months, while GST-led consumption and global demand support pharma and FMCG growth, backed by steady retail inflows.

Indian equities extended their winning streak on Wednesday, with the Nifty notching a sixth consecutive day of gain, after U.S. President Donald Trump said his administration is continuing negotiations to address trade barriers with India

India’s Infrastructure Investment Trusts (InvITs) are set for wider participation after the Securities and Exchange Board of India (SEBI) lowered the minimum subscription in privately placed InvITs to ₹25 lakh.

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Montenegro hopes to join the European Union and the euro zone in 2028, Prime Minister Milojko Spajic said on Tuesday, in what would mark some progress in the EU s stalled eastward expansion.

Portugal sold a total of 1.13 billion euros ($1.32 billion) of 10- and 17-year bonds in an auction on Wednesday, state debt agency IGCP said.

Japanese financial giant Sumitomo Mitsui plans to sell its entire 1.65% stake in Kotak Mahindra Bank via a Rs 6,166-crore block deal at a 4% discount to the last close. Analysts see short-term supply pressure but remain positive on the bank’s fundamentals, with Axis Securities maintaining a BUY call and projecting strong credit growth ahead.

Sterling and Wilson shares: The company announced it has secured a ₹415 crore order for a solar power project in Rajasthan, despite its stock hovering near multi-year lows. It received a Letter of Intent (LoI) from a top private Independent Power Producer for a BOS EPC package.

On September 9, within the Nifty50 pack, five stocks appeared in the RSI Trending Up scan, based on data from StockEdge.

Indian stocks began Wednesday on a positive note, as the Nifty extended its winning streak for the fifth consecutive day. Optimism surrounding potential goods and services tax reductions, coupled with the resumption of trade discussions between the United States and India, boosted market sentiment. The S&P BSE Sensex and NSE Nifty 50 both experienced gains at the opening.

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