Markets Sensex Nifty

The Goods and Services Tax Council has approved a series of changes to input tax credit rules, widening the range of business expenses eligible for credit

Foreign selling and a weak rupee add pressure, and domestic SIP flows cannot absorb everything indefinitely.

Spot gold has been under tremendous selling pressure due to surging real yields and strong US Dollar.

In near-term, silver is likely to range trade between $58 and $61. Interim resistance is at $60. Major hurdle is at $64.50.

TCS reported a net profit of ₹13,884 crore for Q2FY27, up 14.9 per cent year-on-year from ₹12,075 crore in Q2FY26. Revenue for the company grew 11.2 per cent in reported terms at ₹73,188 crore

Info Edge reported a 12.8 per cent year-on-year increase in its standalone billings to ₹822.3 crore for the second quarter ended September 30, 2026.

Notably, the rights issue will open for subscription on October 22, and close on October 30.

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.

Mastek (UK) Limited, a wholly-owned Subsidiary of Mastek Ltd selected by Staffordshire County Council to deliver a Oracle Cloud transformation programme

Nityas Gems & Jewellery shares listed 9.33 per cent higher at ₹82 on BSE and 6.67 per cent higher at ₹80 on NSE.

Jefferies expects companies in its coverage universe, excluding oil and gas, metals and financials, to post 17 per cent year-on-year revenue growth in the quarter.

Nifty fell 0.76 per cent as RBI's rate hike, higher inflation outlook and global macro risks weighed on sentiment.

Nifty's near-term trend remains positive as an inverted head-and-shoulders pattern points to a possible move towards 23,000-23,080.

Titan's jewellery sales grew 21 per cent, below the Nomura's expectation of around 25 per cent.

Immediate resistance for Nifty 50 is placed at 22,875, followed by 23,080. On the downside, support has shifted higher to around 22,550.

Nifty has to hold above the 22,700 zones for an upside move towards 22,900, then 23,000 zones, while support can be seen at 22,600.

Jio Platforms Ltd. is likely to seek a valuation of about ₹11 trillion ($114 billion) in its planned initial public offering.

Middle East crude exports have rebounded to 17.5 million bpd, or about 98 per cent of pre-war levels. However, the recovery in refined products is much weaker.

Nomura initiated coverage on the optical fibre cable maker with a 'Buy' rating and a target price of ₹1,350.

GEC-III strengthens the visibility of India's long-duration transmission and storage investment cycle, Motilal Oswal Wealth noted.