Stock Market Trading
Colgate Palmolive shares surge 7.6% as GST relief boosts FMCG optimism
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
 "Colgate Palmolive shares surge 7.6% as GST relief boosts FMCG optimism")
ITC stock rallies 5%, sees sharpest intraday rally in 6 months; here's why
Top buyers in ITC's block deal on Thursday: Fidelity Advisor Series VIII-Fidelity Advisor Overseas Fund, ICICI Prudential MF, SBI MF, Nippon India MF and Citigroup Global Markets Singapore Pte.
 "ITC stock rallies 5%, sees sharpest intraday rally in 6 months; here's why")
Defence, PSU stocks' rally leave little room for error: Master Portfolio MD
Foreign selling and a weak rupee add pressure, and domestic SIP flows cannot absorb everything indefinitely.
 "Defence, PSU stocks' rally leave little room for error: Master Portfolio MD")
Torrent Power tanks 35% from April high; stock hits 31-month low
Motilal Oswal Financial Services initiated coverage on Torrent Power with a Neutral rating and a sum-of-the-parts (SoTP)-based target price of ₹1,270.
 "Torrent Power tanks 35% from April high; stock hits 31-month low")
NCC shares rise 5% on securing ₹1,286 crore road project order in Telangana
NCC has received a Letter of Acceptance (LoA) from Hyderabad Growth Corridor Limited for a road construction project worth ₹1,286.03 crore in Telangana.
 "NCC shares rise 5% on securing ₹1,286 crore road project order in Telangana")
Silver may trade at $58-$61 as dollar, yields weigh, says Mirae Asset
In near-term, silver is likely to range trade between $58 and $61. Interim resistance is at $60. Major hurdle is at $64.50.
 "Silver may trade at $58-$61 as dollar, yields weigh, says Mirae Asset")
NSDL hits new low, down 8% vs IPO; CDSL up 748%; analysts decode divergence
NSDL hit a new lifetime low on Friday; the stock shed 7% in FY27 and was down 48% from its peak. CDSL gained 13% so far this fiscal but has declined 38% from its December 2024 summit.
 "NSDL hits new low, down 8% vs IPO; CDSL up 748%; analysts decode divergence")
HDFC Bank, SBI, Federal, Canara Bank up 2%; what's driving banking stocks?
Analysts at Kotak Institutional Equities believe the rate hike cycle poses limited risk for banks, given healthy balance sheets, tighter underwriting standards and stronger borrower fundamentals.
 "HDFC Bank, SBI, Federal, Canara Bank up 2%; what's driving banking stocks?")
Market share gains make Jefferies bullish on Kalyan; stock up 46% in 3 mths
Jefferies noted that Kalyan Jewellers is among India's largest organised jewellery retailers, with over 500 showrooms globally and 7 per cent share of the organised jewellery market.
 "Market share gains make Jefferies bullish on Kalyan; stock up 46% in 3 mths")
Thermax share price soars 7% on renewal energy arm stake sale buzz
According to reports, Thermax plans to divest over 51% stake in its renewable energy subsidiary First Energy, with an estimated enterprise value of ₹3,000 crore.
 "Thermax share price soars 7% on renewal energy arm stake sale buzz")
Analysts caution TCS pullback may be short-lived; flag key levels to track
Hitesh Tailor, technical analyst at Choice Broking flags that the TCS stock trades below key EMAs on the daily and weekly charts, and expects strong resistance between ₹2,250-2,330 levels.
 "Analysts caution TCS pullback may be short-lived; flag key levels to track")
Hospital stocks: Why have Fortis, Apollo, Max, Yatharth rallied up to 5%?
According to reports, the Centre has decided to cap trade margins for all non-scheduled anti-cancer drugs at 30 per cent of the MRP.
 "Hospital stocks: Why have Fortis, Apollo, Max, Yatharth rallied up to 5%?")
Hexaware Technologies share price zooms 12% on Anthropic tie-up
Hexaware Technologies has signed a multi-year partnership with Anthropic. Under the partnership, Hexaware becomes a Preferred Partner in Anthropic's Claude Partner Network.
 "Hexaware Technologies share price zooms 12% on Anthropic tie-up")
Will Nifty register its 9th straight weekly loss? Here's what analysts say
At current levels, the NSE Nifty is on course to log its longest (9th) weekly losing streak since April 2001, shows market data. Technical analyst expect support around the psychological 22,000-mark.
 "Will Nifty register its 9th straight weekly loss? Here's what analysts say")
Nifty 50 earnings seen rising 24.7% in Q2, best growth in 12 quarters
Nifty 50 earnings seen rising 24.7% in Q2, best growth in 12 quarters
 "Nifty 50 earnings seen rising 24.7% in Q2, best growth in 12 quarters")
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")
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%")
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%")