Markets News
TCS shares jump 3% ahead of Q2 results; what to expect & how to trade?
TCS Q2 results: Analysts expect large IT companies, such as TCS, to lag mid-tier firms amid macro uncertainty, AI-led productivity and increased competition.
 "TCS shares jump 3% ahead of Q2 results; what to expect & how to trade?")
Stock Market Close: Sensex tanks 1,045 pts, Nifty ends at 22,232 as oil tops $104; VIX jumps 10%
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 2.53 per cent and 2.34 per cent, respectively
 "Stock Market Close: Sensex tanks 1,045 pts, Nifty ends at 22,232 as oil tops $104; VIX jumps 10%")
D-St meltdown erodes ₹10.2 trn in investor wealth; what caused market rout?
Stock market crash today: The meltdown on Dalal Street resulted in a decline in the market capitalisation of BSE-listed stocks by ₹10.20 trillion to ₹460.97 trillion.
 "D-St meltdown erodes ₹10.2 trn in investor wealth; what caused market rout?")
Knowledge Marine rallies 12% in four days, hits new peak in weak market
Thus far in calendar year 2026, KMEW's share price zoomed 70% against a 16% decline in the BSE Sensex.
 "Knowledge Marine rallies 12% in four days, hits new peak in weak market")
PNGS Reva Diamond Jewellery zooms 35% in two days; up 125% from March low
PNGS Reva Diamond Jewellery share price hit a new high of ₹738.40 in Thursday's trading session, and has zoomed 125 per cent from its 52-week low of ₹328 hit on March 30, 2026.
 "PNGS Reva Diamond Jewellery zooms 35% in two days; up 125% from March low")
Vedanta announces first dividend since demerger at ₹5/share; stock down 2%
Vedanta announced a dividend of ₹5 per share today, with the record date set for Wednesday, October 14.
 "Vedanta announces first dividend since demerger at ₹5/share; stock down 2%")
Ola Electric shares fall 10% as firm fixes price for ₹1,000-cr rights issue
Notably, the rights issue will open for subscription on October 22, and close on October 30.
 "Ola Electric shares fall 10% as firm fixes price for ₹1,000-cr rights issue")
Oil on a boil: OMCs, IndiGo & other crude-sensitive stocks sink up to 5%
Oil prices climbed sharply on Thursday due to rising attacks on vessels in the West Asia and hurricane-related production shutdowns in the US, reviving fears of severe supply disruptions.
 "Oil on a boil: OMCs, IndiGo & other crude-sensitive stocks sink up to 5%")
RBI rate hike: Your EMI may not move, but your loan may get longer
How to save ₹55k on home loans after rate hikes: Increase your monthly EMI instead of loan tenure. Expert guide to floating rate resets, EBLR, MCLR, and prepayments in India.
 "RBI rate hike: Your EMI may not move, but your loan may get longer")
Gold caught between central bank demand and real-yield pressure: Kotak Neo
A break below $4,100 would expose further downside toward the $3,960 to $4,000 zone. Until that turn materialises, near-term price action is likely to remain driven by the rate market.
 "Gold caught between central bank demand and real-yield pressure: Kotak Neo")
Adani group stocks under pressure; Enterprises, Green Energy tank up to 7%
Adani Enterprises' stock price on Thursday quoted at its lowest level since May 14, 2026, having declined 13% in the last six trading sessions.
 "Adani group stocks under pressure; Enterprises, Green Energy tank up to 7%")
Sun TV stock on a roll, up 40% in 3 weeks; Elara sets target price at ₹925
Elara Capital believes that Sun TV holds a highly cash-generative TV business, underpinned by a strong sports portfolio, while the core media segment remains the 'cash cow'.
 "Sun TV stock on a roll, up 40% in 3 weeks; Elara sets target price at ₹925")
Mastek gains 3% as AI-led Oracle cloud transformation deal lifts stock
Mastek (UK) Limited, a wholly-owned Subsidiary of Mastek Ltd selected by Staffordshire County Council to deliver a Oracle Cloud transformation programme
 "Mastek gains 3% as AI-led Oracle cloud transformation deal lifts stock")
Fino Payments Bank share price rallies 17% after Q2 business update
Fino Payments Bank said that the loan referral disbursals rose by 223 per cent to ₹278 crore in the September quarter.
 "Fino Payments Bank share price rallies 17% after Q2 business update")
ONGC, NTPC, BDL, BEL, IOC among 13 CPSE stocks to hit 52-week lows on Thurs
Power Grid, NMDC, IREDA, IRFC, RCF, RVNL, SJVN and Mazagon Dock Shipbuilders hit 52-week lows on the BSE in Thursday's intraday deals.
 "ONGC, NTPC, BDL, BEL, IOC among 13 CPSE stocks to hit 52-week lows on Thurs")
ITC sees 2.9% of equity change hands in single large trade; stock slumps 3%
According to Bloomberg data, 366.7 million shares, representing 2.93 per cent of the company's equity, changed hands in a single large trade.
 "ITC sees 2.9% of equity change hands in single large trade; stock slumps 3%")
Rising fuel costs, margin fears put cement stocks on a weak foundation
Cement demand is likely to improve, but higher fuel, packaging and logistics costs could weigh on margins and delay earnings upgrades until the fourth quarter of FY27
 "Rising fuel costs, margin fears put cement stocks on a weak foundation")
Paytm, Mobikwik share prices crash up to 10% amid UPI MDR delay buzz
According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.
 "Paytm, Mobikwik share prices crash up to 10% amid UPI MDR delay buzz")
Vishal Nirmiti shares make weak debut, list at 2% discount to IPO price
Vishal Nirmiti shares listed at ₹215 on both the BSE and NSE, at a discount of ₹5, or 2.27 per cent, to the IPO issue price of ₹220.
 "Vishal Nirmiti shares make weak debut, list at 2% discount to IPO price")
Nityas Gems & Jewellery shares list at over 9% premium, beat expectations
Nityas Gems & Jewellery shares listed 9.33 per cent higher at ₹82 on BSE and 6.67 per cent higher at ₹80 on NSE.
 "Nityas Gems & Jewellery shares list at over 9% premium, beat expectations")