Markets News
Stock Market LIVE: Sensex drops over 600 pts, Nifty below 23,000; Nifty IT down 1%;
Sensex Today | Stock Market LIVE Updates Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.13 per cent and 0.19 per cent, respectively
 "Stock Market LIVE: Sensex drops over 600 pts, Nifty below 23,000; Nifty IT down 1%;")
Shree Renuka, Balrampur & others fall up to 6%; why are sugar stocks down?
On the bourses, shares of sugar-producing companies tumbled as much as 6 per cent, leaving investors concerned about the impact of the latest move on growth.
 "Shree Renuka, Balrampur & others fall up to 6%; why are sugar stocks down?")
Trend reversal? Analyst decodes Havells India, NTPC, Birlasoft on charts
NTPC stock is showing early signs of a potential reversal, as it trades near its long-term support (200-week EMA) on the charts, says Sachin Gupta of Choice Broking.
 "Trend reversal? Analyst decodes Havells India, NTPC, Birlasoft on charts")
Cyient DLM plunges 24% in two days; what's making the Street nervous?
Cyient DLM's share price dropped 13% on Monday's trade. Analysts reckon Q2 was a transitory modest quarter while the business seems well-poised for multi-year strong growth phase.
Ixigo shares zoom 13% as PAT hits record high in Q2; MOFSL stays 'neutral'
Ixigo delivered an all-time high consolidated PAT of ₹63.42 crore in Q2 FY27, aided by partial sale of stake in Freshbus.
 "Ixigo shares zoom 13% as PAT hits record high in Q2; MOFSL stays 'neutral'")
LTCG tax cut alone won't lure FPIs, says Bernstein; Nifty target cut to 25k
A sharp 1-2 day market rally that an LTCG cut would trigger may actually be used to offload positions, Bernstein said in an October 19 note.
 "LTCG tax cut alone won't lure FPIs, says Bernstein; Nifty target cut to 25k")
Urban Company shares fall 10% as Q2 net loss widens despite revenue growth
Urban Company's consolidated net loss widened to ₹182.48 crore in the July-September quarter of FY27. The company had posted a net loss of ₹59.33 crore in the year-ago period.
 "Urban Company shares fall 10% as Q2 net loss widens despite revenue growth")
Nifty PSU Bank index surges 3%; PNB, PSB, Canara, Union Bank soar up to 8%
At 09:49 AM on Monday, the Nifty PSU Bank index was top gainer among sectoral indices, up 2.6 per cent, as compared to 0.02 per cent decline in the Nifty 50.
 "Nifty PSU Bank index surges 3%; PNB, PSB, Canara, Union Bank soar up to 8%")
Axis Bank shares fall 5% despite 39% rise in Q2 net profit; here's why
MOFSL said that Axis Bank's elevated opex led to slight earnings miss in Q2. The strong NII growth and lower-than-expected provisions were offset by elevated opex and softer treasury income.
 "Axis Bank shares fall 5% despite 39% rise in Q2 net profit; here's why")
Karur Vysya Bank hits new lifetime high, up 8% in two days post Q2 results
Karur Vysya Bank's share price hit a record high of ₹375 in Monday's trading session on the NSE. Equirus Securities and Elara Capital pegged upside targets of ₹400 and ₹415, respectively.
 "Karur Vysya Bank hits new lifetime high, up 8% in two days post Q2 results")
HDFC Bank falls 1.5% post Q2 show; analysts say worst over; eyes on new CEO
HDFC Bank share price: HDFC Bank reported a 4.7 per cent year-on-year (YoY) increase in net profit to ₹19,510 crore in the second quarter of FY27.
 "HDFC Bank falls 1.5% post Q2 show; analysts say worst over; eyes on new CEO")
ICICI Bank gains 1% post Q2 results; analysts upbeat on asset quality
ICICI Bank reported a 20.1 per cent year-on-year rise in standalone net profit to ₹14,843 crore in the July-September quarter of FY27.
 "ICICI Bank gains 1% post Q2 results; analysts upbeat on asset quality")
Mutual fund inflows insufficient to lift markets: Manish Jain, Choice AMC
Manish Jain, Deputy CEO of Choice AMC has said that mutual fund inflows are not sufficient to lift the market alone. He added that domestic money sets the floor only, and not the ceiling.
 "Mutual fund inflows insufficient to lift markets: Manish Jain, Choice AMC")
Sebi's CAS rollback may offer new lifeline to Indian derivatives market
The reversal could provide a much-needed boost to a market grappling with regulatory curbs aimed at reining in speculative trading
 "Sebi's CAS rollback may offer new lifeline to Indian derivatives market")
Stocks to watch: HDFC Bank, ICICI Bank, Bajaj Fin, DLF, OMCs, NTPC & more
Stocks to watch: HDFC Bank, ICICI Bank, YES Bank, Axis Bank, Bajaj Finance, DLF, OMCs, NTPC, Bajaj Auto, Oberoi Realty, and more stocks will be in focus today.
 "Stocks to watch: HDFC Bank, ICICI Bank, Bajaj Fin, DLF, OMCs, NTPC & more")
Risk-reward setup favours bears; Lemon Tree among 3 stock ideas: Angel One
Stocks to buy today: In terms of levels, the 23250-23300 band is an immediate hurdle, followed by a stronger resistance at the 23450-23500 zone.
 "Risk-reward setup favours bears; Lemon Tree among 3 stock ideas: Angel One")
Groww, Nazara, HCL Tech: Choice Broking is bullish on 3 stocks; here's why
Stocks to buy today: Sachin Gupta, VP - research , Choice Equity Broking, recommends three stocks to buy today, namely Groww, HCL Tech and Nazara Technologies.
 "Groww, Nazara, HCL Tech: Choice Broking is bullish on 3 stocks; here's why")
Asian stocks skid on AI worries, Wall Street and bonds aided by oil slip
A fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses
 "Asian stocks skid on AI worries, Wall Street and bonds aided by oil slip")
Mutual funds strike positive tone on equities as valuations ease
Largecap stocks emerge as contrarian bets as sentiment indicators turn pessimistic and balanced advantage funds raise equity exposure
 "Mutual funds strike positive tone on equities as valuations ease")
PSUs tap GIFT City for overseas mineral hunt amid critical supply push
In a statement, NMDC said the subsidiary was envisaged as "a strategic investment and financial platform to support NMDC's overseas expansion, particularly in critical and strategic minerals"
 "PSUs tap GIFT City for overseas mineral hunt amid critical supply push")