Stock market crash: The Indian benchmark indices, Sensex and Nifty, snapped their two-day gaining streak and declined 1 per cent today.
So far this year, Union Bank of India's stock has risen 17 per cent, and 32 per cent in a year.
Ixigo delivered an all-time high consolidated PAT of ₹63.42 crore in Q2 FY27, aided by partial sale of stake in Freshbus.
HDFC Bank share price: HDFC Bank reported a 4.7 per cent year-on-year (YoY) increase in net profit to ₹19,510 crore in the second quarter of FY27.
Quarterly earnings, crude oil, Jio Platforms' initial public offering and trading activity of foreign investors will drive investors' sentiment in a holiday-shortened week ahead, analysts said. Besides, developments in West Asia and the rupee-dollar trend would be tracked by investors. "Indian equities enter the coming week with improved momentum following two consecutive weekly advances and a strong recovery led by information technology stocks. The sustainability of this move remains to be established. Elevated crude oil prices, geopolitical uncertainty, global bond market movements and uneven market breadth continue to warrant caution. "Investors are likely to focus on whether the recent rally broadens beyond IT stocks and whether the benchmark indices can sustain their gains above immediate resistance levels," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The proposed Jio Platforms IPO, which will open on October 21, is another key event to watch,
HDFC Bank Q2 results preview: While deposit growth is expected to be strong, supported by strong FCNR(B) inflows, pressure on margins is seen.
Analysts at Systematix Institutional Research and Elara Securities retained a 'Buy' rating on HDFC Life stock, highlighting that Value of New Business in Q2 came in ahead of Q2 estimates.
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.
Canara Bank on Wednesday reported 8.4% YoY growth in Q2 net profit, and a notable improvement in gross and net non-performing assets.
HCL Tech's board would consider the payout of a third interim dividend for FY27, along with Q2 results.
Major quarterly earnings from companies like Wipro and HCL Tech, along with inflation figures, global trends, and crude oil price movements, will drive stock market movement this week, analysts said. Market investors will also watch foreign investor trading activity, rupee movement, US Treasury yields, and geopolitical developments. "September CPI inflation will be the first major domestic test this week. A stronger-than-expected reading could revive concerns over further RBI tightening, putting rate-sensitive sectors such as banking, automobiles and real estate under pressure while raising the risk of a broader drag on consumer demand. "A softer print could ease concerns over the eventual peak in interest rates, but any relief may prove short-lived if Brent crude remains above USD 100 a barrel. Wholesale price inflation data will offer a further indication of how elevated energy and logistics costs are filtering through to producer prices," Hariselvan Radhakrishnan, Founder & CEO
For the week, Sensex and Nifty 50 closed in the green and snapped their eight-week long losing streak.
Rising traction in the cables and wires business, along with a strong T&D opportunity pipeline in India, makes KIE bullish on KEC International's stock.
Stocks to watch today: Anand Rathi, Canara Robeco, Can Fin Homes, and Poonawalla Fincorp are among the companies slated to post their Q2 results today.
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.
Stocks to watch today: PC Jeweller continued to deliver a strong performance, concluding Q2FY2027 with a consolidated revenue growth of approximately 28 per cent YoY.
Kalyan posted a consolidated revenue growth of over 26 per cent year-on-year (YoY), led by robust operating momentum on the ground with healthy same-store-sales growth.
Dabur India expects double-digit revenue growth at a consolidated level backed by healthy growth in Home & Personal Care and Food & Beverages segments.