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
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.
The IDBI Bank stake sale announcement, which came after market hours on Wednesday, marks the biggest foreign investment in India's financial services sector.
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.
Analysts believe premiumisation, rising disposable incomes, housing demand, and low penetration of appliances have kept the consumer durables segment on FPI radar.
Barring P N Gadgil Jewellers, all the jewellery stocks in the comparison have gained year-to-date (YTD), with Tribhovandas Bhimji Zaveri (TBZ) emerging as the top performer
Urban Company share price: JM Financial said that this is a "step in the right direction" amidst high competitive pressures in the instant house-help segment.
In 2026 alone, FPIs have poured in ₹55,524 crore into the primary market, while selling in the secondary market hit a record ₹3.15 trillion till September so far.
Nifty target: Monarch Networth Capital expects the index to hit new all-time highs of 26,000-26,500 within the next 4-5 months, suggesting an upside of 18 per cent from the last close.
RBL Bank's net profit rose 170 per cent YoY to ₹482 crore on the back of a net interest income (NII) growth of 37 per cent to ₹2,131 crore.
Gold ETF inflows rose to about ₹4,500 crore, among the highest in recent times, which reflects a steady, allocation-led approach to commodities amid global uncertainty.
Jio IPO: Nomura said that Bharti's current valuation discount to Jio is unjustified and expects this gap to narrow, at minimum, once JPL goes public.
For the week, Sensex and Nifty 50 closed in the green and snapped their eight-week long losing streak.
IT stocks: All index constituents traded in the green, buoying the 10-stock Nifty IT 3.13 per cent to 28,604 during the intraday session.
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.
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.
Nifty Capital Markets, a 17-stock index constituting brokers, asset managers, and market infrastructure plays, has rallied 13 per cent YTD.
Jio IPO: The key debate going into the JPL IPO is its potential impact on Bharti, as there could be a shift in telecom sector allocations with another large listed investable option.
Analysts attribute the current rally in sugar stocks to the latest surge in global sugar prices. US sugar futures rose 4 per cent in a day, 14 per cent in a month, and over 23 per cent in a year.
Trent's stock opened at ₹2,800 on the BSE and soon hit the 10 per cent upper price band of ₹2,832.50, which pushed its market capitalisation past the ₹1.5 trillion mark.