Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

The stock market today witnessed a flurry of activity with various companies making headlines. One of the key highlights was the IPO news of Garuda Construction and Engineering, which raised ₹75 crore from anchor investors ahead of its public issue. The company allocated 78,95,138 equity shares at ₹95 per share to anchor investors, as per the exchange filing on Monday, October 7.

In other news, Tata Steel to Petronet LNG were listed as top stocks to buy by SMC Global Securities amid market volatility. The Wall Street saw a decline as US stocks fell due to a jump in Treasury yields. The Indian stock market also faced a 6-day decline, with Nifty 50 and Sensex hitting mid-August lows. The investment industry showed a preference for active ETFs, despite a mixed performance record.

Commodity news highlighted the surge in gold prices by ₹250, reaching a new record high of ₹78,700 per 10 grams, driven by consistent demand from jewelers and strong performance in international markets. The IPO frenzy in India raised concerns over inflated valuations and regulatory changes were implemented to balance market accessibility and sustainability.

Overall, the market wrap-up showcased a mix of gains and losses, with various sectors experiencing fluctuations. Investors are advised to stay informed and track real-time updates to make informed decisions in the ever-changing market landscape.