Market News

India's Top 10 Blue Chips Hit Decade Low Market Share

India's ten largest listed companies have seen their combined market capitalisation share decline to approximately 17.65% of total market cap as of October 9, marking a decade low. The decline reflects sustained foreign portfolio investor selling pressure and large-cap underperformance, though domestic inflows continue supporting the broader market.

ICICI Prudential AMC Q2 profit rises 6% YoY to Rs 889 crore

ICICI Prudential Asset Management Company reported a 6.1% year-on-year increase in Q2 FY27 net profit to Rs 889 crore, alongside revenue growth of 16.3% and a declared interim dividend of Rs 30 per share. The company's quarterly average assets under management increased 14.4% to Rs 11.61 lakh crore, signaling expansion in its client base and asset management operations.

Dual-Portfolio Strategy: Why Mid-Career Couples Need Separate Investment Plans

Middle-aged couples with substantial investment corpus should adopt a two-portfolio approach, separating growth-focused retirement assets from near-term responsibility funds. This strategy, exemplified by a household managing ₹1.5 crore, enables simultaneous management of immediate expenses like education and healthcare while preserving long-term wealth accumulation.

RBI measures may encourage Indian firms to return to bond market

Recent Reserve Bank of India steps aimed at stabilizing the rupee could prompt Indian companies to resume bond issuances that were previously shelved due to unfavorable market conditions. Higher overseas yields and increased hedging costs had deterred borrowing, but improving rupee stability may make bonds a more attractive financing option compared to rising bank borrowing costs.

Indian Equities Rally on Bargain Buying; Banks, Tech Stocks in Focus

Indian equity markets staged a significant recovery driven by bargain buying and favorable global cues, with the Nifty 50 and Sensex both closing higher amid improved investor sentiment. Banking stocks are poised to attract attention following Reserve Bank of India changes to cash reserve ratio requirements, while several major companies including HCL Technologies, DMart, Adani Green Energy, and PTC Industries feature prominently in trading activity.

Indian Stock Market Rebounds as IT Stocks Rally, Crude Prices Ease

India's Sensex and Nifty indices broke an eight-week losing streak on Friday, surging over 1% as information technology stocks rallied and crude oil prices declined. The recovery added more than Rs 4 lakh crore to the market capitalisation of BSE-listed companies, with positive market breadth supporting the upside.

Prominent Investors Back Fusion CX With Rs 120 Crore Stake Ahead of IPO

Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in Fusion CX before the company's Rs 702 crore IPO launch. The investment signals institutional confidence in the company ahead of its public market debut scheduled for October 14.

Nine stocks surge 37% in three months as MFs boost stakes

Mutual funds increased their holdings in approximately 44 companies during the September 2026 quarter, with nine stocks delivering returns up to 37% over three months. Despite higher fund allocations, many of these stocks generated negative returns over the same period, presenting a mixed picture for fund managers' portfolio strategies.

Foreign investors dump Rs 45,000 crore in Indian equities

Foreign institutional investors sold Indian equities worth Rs 45,125 crore during the first six sessions of October, nearly matching September's total outflows, according to reports. The selling pressure reflects elevated US bond yields and crude oil prices, with upcoming inflation data and geopolitical developments potentially influencing future investment flows.

SIFs require clear goals, not chasing returns: Edelweiss CEO

Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, advised investors to approach Specialised Investment Funds with defined portfolio objectives rather than pursuing new products or higher returns. Speaking at the ET Alpha Wealth Summit 2.0, she emphasized tax efficiency and the critical need to understand derivatives-based strategies before committing capital.

NTPC Opens 26% Equity Stakes in Co-Generation Projects

NTPC Limited has invited expressions of interest from commercial and industrial entities to acquire 26 percent equity stakes in co-generation projects, according to the state-run power company's announcement. This initiative aims to attract private capital and partnerships for expanding India's co-generation capacity.

Nine penny stocks surged up to 316% in six months on momentum

Nine Indian penny stocks with market capitalizations below Rs 1,000 crore and share prices under Rs 20 gained up to 316% over a six-month period, driven by strong price momentum and trading volumes of at least 5 lakh shares daily. The exceptional gains underscore the volatile nature of small-cap equities, where even modest capital flows can generate substantial percentage returns.

Nifty breaks above 22,750 as analysts target 23,000 level

India's Nifty index snapped an eight-week losing streak as bullish technical signals emerged near key support levels, with analysts pointing to potential resistance at the 23,000 mark. Five stocks including Radico Khaitan, Karur Vysya Bank, ICICI General Insurance, and Nykaa are identified as potential trading opportunities, with Nifty Private Bank expected to outperform in the near term.

129 Indian Companies to Report Q2 Results This Week

A significant wave of earnings announcements is scheduled for this week across India's markets, with 129 companies set to report Q2 FY27 results including major players from banking and technology sectors such as HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro, and Nestle India. The earnings season comes at a notable juncture as Indian markets have recently broken an eight-week losing streak, making these corporate disclosures particularly significant for investor sentiment.

HCL Tech Q2 Results: Five Factors to Watch Before October 12

HCL Tech will announce its September quarter results on October 12, with brokerages projecting 12% year-on-year profit growth and 16% revenue growth supported by acquisitions and seasonal factors. Investors will scrutinize FY27 revenue guidance, margin trends, and AI-related pricing pressures to assess the company's forward momentum.

Five IPOs set to raise ~Rs 1,600 crore in India next week

Five companies are scheduled to launch initial public offerings next week in India, including three mainboard listings from HD Fire Protect, Fusion CX, and Sahajanand Medical Technologies, alongside two SME platform issues. The offerings span fire protection, customer experience, and medical devices sectors, marking a resumption of IPO activity after a period of reduced issuance.

Sebi to Issue CAS Guidelines Within a Week, Says Chairman Pandey

India's securities regulator Sebi is expected to release guidelines on the Closing Auction Session settlement-price mechanism for derivatives within a week, according to chairman Tuhin Kanta Pandey. The move follows a regulatory review and forms part of broader efforts to simplify rules, improve market access, and strengthen technological infrastructure.

India industrial, warehousing leasing hits record 59.1M sq ft in Jan-Sep

Industrial and warehousing space leasing across India's top 24 cities reached a record 59.1 million square feet from January to September, driven by demand from light manufacturing, e-commerce, and logistics sectors. The surge reflects broader supply chain optimization and shifting consumption patterns, with Tier-I cities accounting for 47.2 million sq ft of the total leasing activity.

BPTP Sells 150 Apartments in Faridabad Project, Adds Rs 150 Crore Revenue

BPTP Ltd has sold 150 luxury apartments in its Faridabad housing project 'SkyNest', generating Rs 150 crore in revenue, according to the announcement. The project has accumulated Rs 750 crore in total sales to date, with each apartment averaging Rs 5 crore.

Adani Green Energy operational capacity rises 24% to 20,763 MW

Adani Green Energy reported a 24% year-on-year increase in operational capacity to 20,763 MW in the first half of FY27, accompanied by a 32% jump in energy sales to 25,747 million units. The company added 4,083 MW of greenfield capacity and expanded its battery storage portfolio during the period.