NIFTY 50: ...
SENSEX: ...
RELIANCE: ...
TCS: ...
HDFC BANK: ...
ICICI BANK: ...
INFY: ...
Bite-sized market moves, explained simply.
Trent gained around 13.1% on Friday, making it one of the standout Nifty 50 performers, after reporting strong quarterly sales. Investors are watching consumer demand and retail growth.
Tata Consultancy Services reported second-quarter consolidated net profit of Rs 13,884 crore, up approximately 7.6% year-on-year, while revenue increased 11.2% to Rs 73,188 crore. Its results and AI-related business growth helped support the IT sector.
TCS shares gained around 3% ahead of its September-quarter results. Investors are watching revenue growth, margins, deal wins and AI-related business.
Brent crude climbed above $102 per barrel, raising concerns over inflation, India's import bill and the rupee.
The RBI increased the repo rate by 25 basis points to 5.50%, its first hike in nearly four years, and shifted its stance to “calibrated tightening.”
Indian markets opened in the red today. Nifty 50 fell around 0.27% and Sensex around 0.24% as investors reacted to the RBI rate hike and rising crude prices.
HD Fire Protect fixed its IPO price band at Rs 258– Rs 271 per share. The issue is scheduled to open on 13 October and close on 15 October 2026.
FirstCry subsidiary Swara Baby Products received SEBI approval for a proposed Rs 1,000 crore IPO, comprising Rs 500 crore fresh issue and Rs 500 crore OFS.
Rate-sensitive sectors initially came under pressure following the hike, making banks, NBFCs, auto and realty stocks important sectors to watch today.
Despite the weak market, Bharti Airtel and Bajaj Finance were among the notable gainers.
Titan fell around 4% as investors reacted to concerns around jewellery growth amid elevated gold prices.
Brent crude remained above $101/barrel, increasing concerns around India's inflation, rupee and corporate margins.
Indian markets opened lower after the RBI decision. Around the morning session, Nifty was down ~0.7% and Sensex ~0.6%.
RBI increased the repo rate to 5.50% and shifted its stance from neutral to calibrated tightening. This is the first rate hike since February 2023.
Several IPO/listing-related stocks are in focus today, including SRIT India and Shah Investor's Home, with market participants watching their listing performance and grey-market indications.
BSE and other capital-market stocks gained after reports that SEBI may partly reverse changes related to the Closing Auction Session (CAS), boosting sentiment in exchange-related stocks.
While banks and several other sectors gained, Nifty IT remained in the red, down around 0.5–0.9% in early trading. This created a mixed sectoral picture despite the broader market gains.
Foreign investors remained a significant source of pressure. On 5 October, FIIs were net sellers of about Rs 4,699 crore, while DIIs bought approximately Rs 5,182 crore, providing support to the domestic market.
Investors are closely watching the RBI's upcoming monetary policy decision, which is expected to be a major near-term market catalyst. Expectations around interest rates are likely to influence banks, financials, and rate-sensitive sectors.
Brent crude was around $101 per barrel after falling in the previous session. Softer crude prices have provided some relief to Indian equities because elevated oil prices remain a risk for India's inflation and current-account outlook.
Trent emerged as one of the biggest movers today, hitting a 10% upper circuit after reporting Q2 revenue of Rs 4,724 crore, representing approximately 23% YoY growth.
Banking stocks remained among the stronger performers. Kotak Mahindra Bank gained after reporting strong Q2 operational numbers, with net advances rising 25% YoY and deposits increasing 23% YoY.
Indian benchmark indices extended Monday’s recovery in early trade. Around 9:53 AM, Nifty 50 was at 22,630.40, up 0.33%, while Sensex was at 72,620.94, up 0.32%. Nifty Bank was stronger, gaining around 0.57%.
