Page 2 - Markets News

IRCON International stock zooms 6% on ₹862 crore order win from railways

IRCON has been awarded an EPC contract by East Central Railway. At the end of the June quarter, IRCON's order book stood at ₹23,366 crore.

RBL Bank plunges 8% even as Q1 profit zooms 170% YoY; analysts bullish

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.

Nifty IT shines, up 3%; HCL Tech, TCS, LTM, Tech Mahindra surge up to 5%

In the past four trading days, Nifty IT index outperformed the market by gaining 5.6% as against a 1.2% rise in the Nifty 50.

ICICI Prudential AMC gains 2% after steady Q2 nos, positive analyst views

Post Q2, brokerages have shared a constructive view on ICICI Prudential AMC, with Jefferies saying the quarter was a beat led by higher revenue yield. It has kept Buy rating & raised target to ₹3,760.

Record FPI outflows top ₹3 trillion in CY26, nearly double 2025 tally

The selling pressure, in fact, has intensified in recent months. After offloading equities worth ₹35,861 crore in September, FPIs sold another ₹47,417 crore through October 12.

HCL Tech shares gain over 5% after Q2 results; brokerages remain mixed

HCLTech reported a 21.2 per cent rise in net profit at ₹5,132 crore in the second quarter of financial year 2027, up from ₹4,235 crore in the corresponding quarter last year.

Asian stocks dive as earnings, geopolitics rattle markets; Kospi falls 6%

In stocks, MSCI's broadest index of Asia-Pacific shares outside Japan fell 2% in early trading, with tech-heavy South Korea's KOSPI sliding 6%

MOFSL sees telecom sector re-rating ahead of Jio IPO; RIL, Airtel in focus

Motilal Oswal Wealth Management Research Desk has said that India's telecom sector could see a valuation re-rating ahead of Jio Platforms' (JPL) proposed IPO.

Nifty weekly expiry in focus; Analysts decode charts, derivatives positions

Based on the options data, on Tuesday the focus will be on the 22,250-22,500 range owing to Nifty's weekly expiry, says Dharmesh Bhatt, Head-Derivatives Research at Systematix Institutional.

Happiest Minds among 3 stocks with bullish trend on tech charts: Geojit

Stocks to buy: Anand James of Geojit Investments Ltd has recommended three stocks to buy today - Happiest Minds, IMFA, and Brigade Enterprises.

Kotak Neo's Shrikant Chouhan bullish on BEL, Greenply; check targets

Stocks to buy today: Kotak Neo's Shrikant Chouhan has shared a bullish view on Bharat Electronics Limited and Greenply Industries Limited.

Equity mutual fund inflows hit 5-month high on small, midcap rush

Investors used mkt correction to raise equity bets, average cost, say experts

Zetwerk, Bonfiglioli Transmissions, Tonbo, SMT announce IPO price bands

Four IPOs worth a combined ₹8,827 crore are set to open on October 15, while ICICI Prudential AMC reports a 6.1% rise in Q2 profit and Alpha Wave sells a 1.52% stake in Lenskart

DMart's margin recovery may take time amid rising costs, store expansion

Despite strong revenue growth and improving same-store sales, DMart faces margin pressure from rising costs, store expansion and competition, delaying profitability gains

Sebi nudges brokerage firms to join return verification platform

Only four qualified stock brokers have joined the PaRRVA platform so far, while several industry players have raised concerns over high costs and limited adoption

RBI measures to support rupee weigh on govt bonds, domestic equities

Broader market indices bucked the trend, with the Nifty Midcap 150 rising 0.1 per cent and the Nifty Smallcap 250 gaining 1.13 per cent

Robust recovery likely to help sustain Dabur India's Q2FY27 growth

Dabur's India business is expected to post double-digit revenue growth after 19 quarters, while strong international sales and price increases may help offset margin pressures

Defence startup Tonbo Imaging fixes IPO price band at ₹665-700 a share

The offer for sale of up to 12.17 million shares opens on October 15. The Bengaluru-based company has deployed more than 28,000 systems across 24 countries.

IT, telecom stocks decline as market selloff resumes amid FII outflows

Nifty IT fell 0.79 per cent on Monday, while telecom shares remained under pressure amid FII outflows, concerns over Jio Platforms' IPO valuation and broader market weakness

Sebi notifies common ad code, allows celebrity endorsements for brands

Sebi's common advertisement code allows celebrities to promote regulated entities at the brand level but prohibits endorsements of specific financial products or services.