Markets News
Bulls strike! Sensex zooms 1,500 pts intraday, Nifty tops 23k; key reasons
VK Vijayakumar said that the strength in the IT stocks follows the results of HCL Tech and the optimism surrounding that will hold the IT index strong.
 "Bulls strike! Sensex zooms 1,500 pts intraday, Nifty tops 23k; key reasons")
Stock Market Close: Sensex surges 1,534 pts, Nifty at 22,997 as crude falls 2%; IT, auto shine
Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.36 per cent and 1.31 per cent, respectively
 "Stock Market Close: Sensex surges 1,534 pts, Nifty at 22,997 as crude falls 2%; IT, auto shine")
CAS review: BSE, Groww rally 3% as Sebi panel likely backs VWAP method
VWAP is a concept that gives the average price a security has traded at throughout the day based on both volume and price.
 "CAS review: BSE, Groww rally 3% as Sebi panel likely backs VWAP method")
In freefall! Yes Bank crashes 20% after SC ruling on AT-1 bond write-off
The dispute stems from the RBI-led reconstruction plan for Yes Bank in March 2020, under which AT1 bonds worth more than ₹8,300 crore were written down.
 "In freefall! Yes Bank crashes 20% after SC ruling on AT-1 bond write-off")
Aeroflex Industries tanks 11% on huge volume; down 17% in 2 days
Thus far in the calendar year 2026, Aeroflex Industries stock outperformed the market by zooming 169%, as compared to a 13% fall in the BSE Sensex.
 "Aeroflex Industries tanks 11% on huge volume; down 17% in 2 days")
Indian Bank, South Indian Bank gain up to 5% from day's low post Q2 results
Indian Bank reported a near 15% YoY growth in net profit, while UCO Bank and South Indian Bank posted 26.8% and 21.3% profit growth in Q2FY27.
 "Indian Bank, South Indian Bank gain up to 5% from day's low post Q2 results")
Sky Gold surges 26% in October; stock up over 3-fold thus far in FY27
Sky Gold and Diamonds' share price hit a new high of ₹1,021.95, surging 6% on the BSE in Thursday's intraday trade.
 "Sky Gold surges 26% in October; stock up over 3-fold thus far in FY27")
IDBI Bank stake sale to push divestment to 8-year high, exceed FY27 target
The total stake sale approved in IDBI Bank to Canada-based Fairfax Holdings is ₹52,878 crore, with Life Insurance Corporation of India (LIC) and the government selling a combined 60.72 per cent stake
 "IDBI Bank stake sale to push divestment to 8-year high, exceed FY27 target")
Tonbo Imaging IPO fully subscribed on day 1; here's what brokerages suggest
Tonbo Imaging India IPO bidding opened for subscription on Oct 15, 2026 and will close on Oct 19.
 "Tonbo Imaging IPO fully subscribed on day 1; here's what brokerages suggest")
Nestle India share price crashes 9% in intraday trade post Q2 results
Nestle India on Thursday reported a 36.3% YoY growth in Q2FY27 net profit at ₹1,026.70 crore, backed by a 20.5% YoY surge in sales to ₹6,782.17 crore.
 "Nestle India share price crashes 9% in intraday trade post Q2 results")
Global feeder funds shut? Here's how to go global now
With feeder funds closed to fresh money and ETFs trading at a premium, first-time investors must look beyond the usual routes. Three experts explain what to do.
 "Global feeder funds shut? Here's how to go global now")
Zetwerk IPO review: Analysts divided on growth prospects; losses a concern
Zetwerk IPO review: Brokerages have shared mixed views on the public issue. SBI Securities and ICICI Direct have recommended a 'Subscribe' rating, while Swastika has rated it 'Neutral'.
 "Zetwerk IPO review: Analysts divided on growth prospects; losses a concern")
RIL rises 3% as Jio IPO date out; what does it mean for shareholders?
India's largest telecom operator, Reliance Jio, will launch its IPO on October 21 at a price band of ₹1,065-1,119 per share.
 "RIL rises 3% as Jio IPO date out; what does it mean for shareholders?")
Bharti Airtel jumps 4%, sees sharpest intraday gain in 3 months; here's why
Thus far in 2026, Bharti Airtel stock underperformed and was down 12%.
 "Bharti Airtel jumps 4%, sees sharpest intraday gain in 3 months; here's why")
Smallcap stocks under pressure; Sterlite, MTAR, HFCL, Netweb slide 5%
At 10:04 AM on Thursday, the Nifty Smallcap 100 index was down 0.86% at 19,218, as compared to a 1% rally in the Nifty 50.
 "Smallcap stocks under pressure; Sterlite, MTAR, HFCL, Netweb slide 5%")
Sahajanand Medical IPO opens for bidding; check GMP, review & subscription
Analysts suggested subscribing to the issue with a long-term horizon, as Sahajanand Medical Technologies' profitability may improve in the future
Nifty IT rallies 9% in 3 sessions: 3 key factors driving the momentum
Market experts attribute the rally to a combination of earnings resilience, value buying after a prolonged correction, and a possible rotation of funds away from AI-linked technology stocks.
 "Nifty IT rallies 9% in 3 sessions: 3 key factors driving the momentum")
IDBI Bank tanks 6% after deal with Fairfax finalised; what's ailing stock?
The IDBI Bank stake sale announcement, which came after market hours on Wednesday, marks the biggest foreign investment in India's financial services sector.
 "IDBI Bank tanks 6% after deal with Fairfax finalised; what's ailing stock?")
Why are Canara Bank shares down 7% in trade today after Q2 results?
JM Financial has upgraded Canara Bank to 'Buy' from 'Add' on cheap valuations and improving fundamentals. It has also raised the target price to ₹150 from ₹142.
 "Why are Canara Bank shares down 7% in trade today after Q2 results?")
Bonfiglioli Transmissions IPO bags 'subscribe' tag from experts; GMP at 30%
Bonfiglioli Transmissions IPO is entirely an offer for sale by the promoters of the company. The price band is set at ₹558 to ₹586 per share.
 "Bonfiglioli Transmissions IPO bags 'subscribe' tag from experts; GMP at 30%")