The Latest Breaking News from Stock Market

Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, HDFC Bank, Groww, and 32 others in September

Sunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Groww and 32 other stocks in September. The fund also added Zydus Lifesciences, exited Cyient DLM and trimmed stakes in two stocks.

The Economic Times · Oct 16

Indonesia stocks, rupiah tumble as MSCI weighs market downgrade

Global index provider MSCI is contemplating downgrading Indonesia's stock market to standalone status. Such a reclassification could notably diminish Indonesia's appeal to global investors and alter its presence in international indexes. This year, Indonesia's share within MSCI's emerging markets index has dwindled. A downgrade would position Indonesia as the largest…

The Economic Times · Oct 16

Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upside

Nuvama Institutional Equities has initiated coverage on Laurus Labs with a ‘Buy’ rating and a target price of Rs 2,520, implying a 24% upside from the current market price. The brokerage expects the drugmaker’s shift from its traditional anti-retroviral (ARV) business towards contract development and manufacturing (CDMO) to drive its…

The Economic Times · Oct 16

From worst to best: How IT stocks staged a Rs 2.6 lakh crore revival this week

Indian IT stocks staged a sharp comeback this week, adding Rs 2.6 lakh crore in market value as the sector gained 12% to become the best-performing index. Better-than-expected Q2 earnings, positive management commentary and a selloff in AI-linked stocks helped revive sentiment, even as concerns over AI adoption and earnings…

The Economic Times · Oct 16

ET Wealth Expo 2026: Explore the future of investing, financial security and intergenerational wealth

From building wealth in the AI age and identifying investment opportunities to protecting assets, planning for retirement and transferring wealth across generations, Day 1 of ET Wealth Expo 2026 will bring together leading financial experts to explore the three pillars of long-term wealth management: Build, Protect and Legacy.

The Economic Times · Oct 16

Global Market: Japanese investors extend foreign bond selling streak to four weeks

Japanese investors sold foreign bonds for a fourth consecutive week, pushing year-to-date net outflows to 5.34 trillion yen, the highest since 2022. Rising domestic bond yields are encouraging capital repatriation, while foreign investors increase Japanese bond and equity holdings. However, life insurers’ limited selling suggests repatriation remains gradual.

The Economic Times · Oct 16

Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warning

Asian shares have mostly rebounded after Wall Street gains, a day after a tech sell-off dragged stocks lower

The Independent UK · Oct 16

Indonesia’s $1.5 trillion market faces a historic downgrade: Why global investors are worried

Indonesia’s $1.5 trillion stock market plunged after MSCI warned that its emerging-market classification may no longer be appropriate, raising fears of billions of dollars in foreign outflows. Concerns over market transparency, opaque shareholding structures and policy credibility have intensified investor anxiety, with Indonesian equities down nearly 40% in 2026.

The Economic Times · Oct 16

PC Jeweller, Shanti Gold & other jewellery stocks rally up to 10%. Here's why

Jewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses temporarily restricted fresh subscriptions to gold ETF Fund of Funds. With the festive and wedding season approaching, analysts expect resilient gold demand, while organised retailers could benefit from market…

The Economic Times · Oct 16

Why are markets rising today? Sensex settles 400 pts higher, Nifty gains for 2nd day. 4 factors behind the surge

On Friday, benchmark indices Sensex and Nifty extended their gains for a second consecutive session. IT stocks, which rose significantly, contributed to the market rally alongside gains in auto, metal, and PSU banking stocks. Additionally, US bond yields fell, enhancing the appeal of Indian equities for foreign investors. Meanwhile, oil…

The Economic Times · Oct 16