The Sensex rose 472 points to end at 72,382 and Nifty settled at 22,555 on October 5, 2026. Markets got a boost as softer US jobs data reduced expectations of aggressive rate hikes. ITC and Eternal led the gainers, while many investors cheered the positive trend across the emerging markets today.
Sensex Today, Nifty 50 | Stock Market Highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 5 October 2026.
Benchmark equity indices Sensex and Nifty ended higher on Monday, as softer-than-expected US jobs data reduced expectations of aggressive monetary tightening by the US Federal Reserve, supporting risk appetite across emerging markets.
The 30-share BSE Sensex jumped 472.77 points, or 0.66 per cent, to settle at 72,382.47. During the day, it surged 722.23 points, or 1 per cent, to 72,631.93.
The 50-share NSE Nifty climbed 133.80 points, or 0.60 per cent, to end at 22,555.75.
From the 30 Sensex firms, ITC, Eternal, Bharti Airtel, Bajaj Finance, Adani Ports, ICICI Bank, Reliance Industries and Larsen & Toubro were among the major winners.
HCL Tech, HDFC Bank, Sun Pharma, Infosys and Asian Paints were among the laggards.
Brent crude, the global oil benchmark, was up 0.19 per cent to $102.4 per barrel.
FILTERS UPDATES
ALLcompanies banking stock up
* October 5, 2026 15:45
* October 5, 2026 15:13
Top gainers of Nifty 50: ITC (+4.81%), BSE (+4.28%), TMP (+2.90%), Bajaj Finance (+2.38%), Shriram Finance (+2.29%)
Top losers: HCL Tech (-3.52%), Max Health (-2.86%), HDFC Bank (-2.20%), Asian Paints (-2.16%)
* October 5, 2026 15:12
* October 5, 2026 15:12
NOICE, Instamart's clean-food private brand, has announced an ambitious new phase of growth, with plans to double its base of food entrepreneur partners and expand its product assortment to over 500 products. The brand has also introduced a financing programme offering eligible entrepreneurs access to formal credit of up to ₹5 crore through partnerships with SIDBI, Axis Bank and InCred Finance.
* October 5, 2026 15:11
* October 5, 2026 14:50
* October 5, 2026 14:33
* October 5, 2026 14:31
* October 5, 2026 14:21
* October 5, 2026 14:20
* October 5, 2026 14:18
Jupiter Wagons wins 41 MW/102.5 MWh BESS project in Uttarakhand; receives Letter of Award for 50 MW/200 MWh Jeerat project in West Bengal
Shares flat at Rs 222.53 on the NSE.
* October 5, 2026 14:17
Perspective on gold by Ashish Rajodiya, Head - Commodities, PL Capital.
"Gold slipped on Monday, with MCX gold at ₹1,49,150 per 10 grams, down ₹1,245, while silver held firmer at ₹2,26,050 per kg, up ₹173. Spot gold is hovering around $4,135 an ounce after losing more than 3% last week and about 6% over the past month. The metal is caught between two opposing forces. Friday's weak US jobs report, with payrolls up just 29,000 against expectations of 90,000 and unemployment edging up to 4.2%, has pushed the odds of an October Fed rate hike down to about 18%, from near 70% earlier in the week. Yet that relief has done little for bullion, because Treasury yields are still sitting at multi-decade highs and a firm dollar keeps raising the cost of holding a non-yielding asset. The broader view is sideways, with the metal likely to stay range-bound between support at ₹1,45,900 and resistance at ₹1,51,500. The Fed's October policy decision is the next trigger. A clear signal that the hiking cycle is over, along with easing yields, could lift gold toward the top of that range, while a hawkish tone or a fresh surge in yields would put the ₹1,45,900 floor to the test."
* October 5, 2026 14:13
* October 5, 2026 14:12
* October 5, 2026 14:03
* October 5, 2026 14:02
* October 5, 2026 13:56
MathWorks, the leading developer of mathematical computing software for designing engineered systems, today announced a collaboration with MapmyIndia Mappls, India's leading advanced digital maps and deep-tech products and platforms company, to support automotive engineers developing and validating Advanced Driver Assistance Systems (ADAS) for Indian road environments.
By integrating MapmyIndia's high-definition (HD) maps with MATLAB, Simulink, and RoadRunner, engineering teams can simulate realistic road and traffic scenarios and begin system validation earlier in the development cycle. The integration enables engineers to create digital twins of Indian road environments, simulate complex traffic scenarios, and test ADAS controllers within a Model-Based Design environment.
* October 5, 2026 13:53
* October 5, 2026 13:53
* October 5, 2026 13:46
* October 5, 2026 13:44
Pharmaceuticals accounted for 88.8 per cent of healthcare M&A activity by value in September 2026, while investment activity in the private equity space was led by hospitals and healthcare technology, according to an Equirus analysis of the healthcare sector.
The healthcare sector saw three major M&A deals in September, with the pharmaceutical sector continuing to account for the bulk of transaction value during the month.
Pharmaceuticals and biotech accounted for 88.8 per cent of M&A transactions by value in September, followed by healthcare technology at 10 per cent and other segments at 1.2 per cent. For comparison, pharmaceuticals accounted for 71 per cent of M&A transaction value in CY25 and 91.4 per cent in YTD 2026.
* October 5, 2026 13:43
* October 5, 2026 13:42
* October 5, 2026 13:42
Gland Pharma shares flat at Rs 2,894 on the NSE. It had approved an investment of up to $21 million in Gland Pharma USA Inc. to fund the acquisition of a 60% stake in Novelstar Pharma Inc.
* October 5, 2026 13:42
Tata Steel shares flat at Rs 177.87 on the NSE. NCLT Mumbai approved the merger of Rujuvalika Investments Ltd, a wholly owned subsidiary of Tata Steel Ltd, with itself.
* October 5, 2026 13:42
Wipro shares were up over 1% to Rs 161.91 on the NSE following the merger of two of its step-down subsidiaries based in the United States, effective October 1.
* October 5, 2026 13:41
Simplex Infrastructures has been awarded a new contract for oil drilling services by Oil India Limited, aggregating to approximately ₹255.52 Crore
* October 5, 2026 13:37
* October 5, 2026 13:28
* October 5, 2026 13:08
* October 5, 2026 13:06
Hindalco Industries and US-based AluChem Companies, Inc. mutually agreed to terminate their Equity Purchase Agreement to acquire AluChem's specialty alumina business.
Hindalco shares traded at Rs 932.15 on the NSE.
* October 5, 2026 13:05
Steel Exchange India has achieved its highest-ever monthly and quarterly production of Re-Bars in its Rolling Mill since inception, with production of 25,095.035 Metric Tonnes (MT) during the month of September 2026 and 69,617.424 MT during the quarter ended September 30, 2026. The monthly production of 25,095.035 MT in September.
Shares flat at Rs 11.28 on the NSE.
* October 5, 2026 13:05
Kotak Mahindra Asset Management Company Ltd. ("KMAMC"/"Kotak Mutual Fund") today announced the launch of the Kotak Nifty 500 Index Fund, an open-ended scheme that will track the Nifty 500 Index subject to tracking error. The New Fund Offer (NFO) opens on 5 th October 2026 and closes on 19th October 2026.
* October 5, 2026 13:04
ONGC owned Vessel "SAMUDRA PRABHA" managed by SEAMEC LIMITED is recused from its project with effect from today i.e. October 05, 2026 at 04:00 hrs to undertake its Statutory Drydocking.
* October 5, 2026 13:00
* October 5, 2026 13:00
* October 5, 2026 12:43
* October 5, 2026 12:37
* October 5, 2026 12:17
We initiate on Dhoot with Buy at Rs1,730 PT, 20% upside. Dhoot is a leading 2W wiring harness manufacturer in India, with dominant position in EVs. We expect strong 24% revenue CAGR over FY26-29E led by rising 2W demand, premiumization, electrification and portfolio expansion into battery packs, sensors, controllers and power electronics. We expect 27% EPS CAGR over FY26-29E. Its 43x 1-year forward PE, in our view, is justified for strong growth and franchise.
Initiate at Buy: We initiate on Dhoot with Buy and Rs1,730 PT. We like Dhoot's strong franchise in 2W wiring harness, dominant position in EVs, and broadening portfolio. Its 43x 1-year forward PE appears rich but is justified, in our view, for its strong growth and franchise; our PT is based on 42x Sep-28E PE. Key risks to our estimates include weaker 2W demand and slower electrification.
* October 5, 2026 12:17
Perspective on gold by Ashish Rajodiya, Head - Commodities, PL Capital.
"Gold slipped on Monday, with MCX gold at ₹1,49,150 per 10 grams, down ₹1,245, while silver held firmer at ₹2,26,050 per kg, up ₹173. Spot gold is hovering around $4,135 an ounce after losing more than 3% last week and about 6% over the past month. The metal is caught between two opposing forces. Friday's weak US jobs report, with payrolls up just 29,000 against expectations of 90,000 and unemployment edging up to 4.2%, has pushed the odds of an October Fed rate hike down to about 18%, from near 70% earlier in the week. Yet that relief has done little for bullion, because Treasury yields are still sitting at multi-decade highs and a firm dollar keeps raising the cost of holding a non-yielding asset. The broader view is sideways, with the metal likely to stay range-bound between support at ₹1,45,900 and resistance at ₹1,51,500. The Fed's October policy decision is the next trigger. A clear signal that the hiking cycle is over, along with easing yields, could lift gold toward the top of that range, while a hawkish tone or a fresh surge in yields would put the ₹1,45,900 floor to the test."
* October 5, 2026 12:14
* October 5, 2026 12:14
Airtel Business launches IQ Gateway India s first business communications platform with telco-grade network intelligence for safe enterprise messaging
Bharti Airtel rose 1% to Rs 1760.50 on the NSE.
* October 5, 2026 12:13
CE Info Systems: MathWorks, the leading developer of mathematical computing software for designing engineered systems, today announced a collaboration with MapmyIndia Mappls, India's leading advanced digital maps and deep-tech products and platforms company, to support automotive engineers developing and validating Advanced Driver Assistance Systems (ADAS) for Indian road environments.
Shares up 1% to Rs 857.05 on the NSE.
* October 5, 2026 12:11
Benchmarks flat at noon, off the day's high. Sensex traded 50.08 pts or 0.07% positive at 71,959.78 by 12 pm, and Nifty 50 was up 9.00 pts or 0.04% to 22,430.95.
* October 5, 2026 12:08
* October 5, 2026 12:00
* October 5, 2026 11:58
Capital Small Finance Bank (Capital SFB) has appointed Mr. Conrad D'Souza as an Independent Director on its Board
* October 5, 2026 11:58
Greaves Cotton: Ampere, with an international and six national records from Greaves Electric Mobility, launched the new Nexus EX+, strengthening its Nexus EV with IoT-enabled Intellipack, a more powerful 5 kW motor and an IP65-rated water-resistant charger.
Shares traded at Rs 222.93 on the NSE.
* October 5, 2026 11:57
Bharat Forge and RTX's Pratt & Whitney Canada Sign a Long-Term Contract for Critical Aerospace Engine Components
Shares traded at Rs 1827.80 on the NSE.
* October 5, 2026 11:57
ITCONS E-Solutions has bagged a new contract by the Employees Provident Fund Organisation (EPFO), Ministry of Labour and Employment, contract valued at Rs 1.92 crore.
* October 5, 2026 11:57
WeWork India expands Bengaluru and Pune footprint with Infinix Palladium and Millennium Towers
Shares traded at Rs 649.25 on the NSE, down 1.5%
* October 5, 2026 11:56
Jindal Stainless and Indian Oil renew lubricants partnership for five years
Jindal Stainless traded flat at Rs 737.10 on the NSE; IOC traded at Rs 130
* October 5, 2026 11:53
* October 5, 2026 11:27
* October 5, 2026 11:16
Coforge Introduces Intent Engineering Framework to Help Enterprises Build Outcome-Aligned AI Agents.
Shares traded at Rs 1841.50 on the NSE.
* October 5, 2026 11:15
LTM Launches BlueVerse AgenTraceIQ
Shares flat at Rs 3984.60 on the NSE
* October 5, 2026 11:06
* October 5, 2026 10:55
Siemens Energy: Effective October 5, 2026, Mr. Ajay Jain has taken over the responsibility of Execution Unit Head (Grid Technologies - Transformers), in full-time employment.
* October 5, 2026 10:55
UltraTech becomes first cement company in India to surpass 2 gigawatts of green energy capacity for captive use
Shares up 1% to Rs 10,819 on the NSE.
* October 5, 2026 10:54
Mastek Reimagines Enterprise Software with AI-Native Services as Software (SaS)
Shares up 3% to Rs 1599.10 on the NSE.
* October 5, 2026 10:53
Aurobindo Pharma shares flat at Rs 1676.60 on the NSE. The company received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Perampanel tablets, 2 mg, 4 mg, 6 mg, 8 mg, 10 mg, and 12 mg, in the US.
* October 5, 2026 10:47
Aurobindo Pharma shares flat at Rs 1676.60 on the NSE. The company received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Perampanel tablets, 2 mg, 4 mg, 6 mg, 8 mg, 10 mg, and 12 mg, in the US.
* October 5, 2026 10:47
JTL Industries informed the receipt of Export Order from Canada for approx. 5,000 MT of Black Welded Hollow Sections.
Shares flat at Rs 86.78 on the NSE.
* October 5, 2026 10:46
Marine Electricals (India) has been awarded orders totaling Rs 393.52 crore.
Shares zoomed over 7% to Rs 468.80 on the NSE, (hit a fresh 52-week high of Rs 472).
* October 5, 2026 10:27
The company received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Perampanel tablets, 2 mg, 4 mg, 6 mg, 8 mg, 10 mg, and 12 mg, in the US.
* October 5, 2026 10:26
* October 5, 2026 10:16
* October 5, 2026 10:10
Shares flat at ₹86.78 on the NSE.
* October 5, 2026 10:09
Shares zoomed over 7% to ₹468.80 on the NSE, (hit a fresh 52-week high of ₹472).
* October 5, 2026 10:09
Shares up 2% to Rs 620.40 on the NSE.
* October 5, 2026 10:06
* October 5, 2026 10:05
Auto registrations remained buoyant on absolute volume basis Sept 2026
Strong YoY growth aided by weak Sept 2025 base
Tractor volumes fell for M&M and Escorts Kubota
El Nino weighed on tractor demand
GST cut enters the base from next month
FY27 volume growth seen in high-single to low-double digits
* October 5, 2026 10:05
Recommendation: Buy, Target: ₹2,200
Reports record 2QFY27 throughput of 142.3 MMT, up 15% YoY
Throughput hit record levels despite cyclone-related disruption in Sept
Container volumes rose 15% YoY
Capacity additions to support container growth
FY27 EBITDA estimate remains at top end of management guidance
* October 5, 2026 10:05
Recommendation: Buy, Target: ₹310
FCNR(B) Inflows Power Q2 Advances/Deposits Surge
Core Growth Trails System Average
Expect BoB to have mobilized $7-8 bn in FCNR(B) deposits during the quarter, equivalent to over 4% of its deposit base
With a material portion of FCNR deposits estimated to stem from leveraged loans, the overseas book surged 40% YoY
Domestic advances growth moderated to +13.5% YoY while Domestic retail advances continued to outperform
* October 5, 2026 10:04
JPM on Bajaj Finance
Recommendation: Overweight, Target: ₹1310, Earlier Target: ₹1295
Strong Q2 delivery likely to drive growth
Customer acquisition guidance upgraded
Meaningful upgrades to management guidance likely
NIM outlook to be in focus
Citi on Bajaj Finance
Recommendation: Buy, Target: ₹1300
AUM growth comfortably exceeding the guided band
Upward revision to FY27 growth guidance looks increasingly likely
Cost ratios should see further improvement
HSBC on Bajaj Finance
Recommendation: Buy, Target: ₹1270
Timely capital raise a positive
Approves Rs 17500 cr capital raise; Capital raise includes Rs 11,700 crore QIP
Capital raise to ease upcoming leadership transition
Among least dilutive capital raises in Indian financials
Fund raise approval - 170 bps of its 20% Tier 1 CAR
Shareholder dilution estimated at ~3%
Capital infusion leads to 2% EPS dilution, 140 bps ROE dilution, and 7.6% book value per share accretion
Given AUM growth exceeds ROE, Bajaj Finance should make up for the dilution in the medium term
Jefferies on Bajaj Finance
Recommendation: Buy, Target: ₹1280
AUM growth accelerates to 7 quarter high of 26% YoY
Growth in new loans slowed owing to festive season in base quarter
Stays among top picks
* October 5, 2026 10:04
Seven PSU banks have reported Q2FY27 business updates so far, representing about 65% of SoE bank credit excluding SBI
Aggregate PSU domestic credit growth stands at about 16% YoY versus 15% last quarter
System credit growth accelerated by about 200 bps to 18% as of September 15
PSU domestic deposit growth rose to about 13% YoY from about 10%
System deposit growth stood at about 17% YoY as of September 15
PSU banks continue to cede incremental loan market share to the system
Liquidity advantage of state-owned banks has diminished as LCRs converge
Stronger FCNR(B) mobilisation has improved funding availability for private banks
Private banks are seen at a cyclical inflection and are set to regain market share
* October 5, 2026 10:04
Recommendation: Outperform, Target: ₹500
Anup Saha appointed MD & CEO for 3 years
Appointment largely on expected lines
Kotak remains a top sector pick
Longer runway supports transformation plans
Saha's experience in managing higher-yielding loan book a key positive
Immediate focus on leadership stability
* October 5, 2026 10:04
Citi on HDFC Bank
Recommendation: Buy, Target: ₹970
FCNR fuels the headline; core advances growth trails system average
Excluding FCNR, core deposits and advances stood at 15.3%/14.5%
Asset quality across segment expected to remain resilient and stable
Kotak Institutional on HDFC Bank
Recommendation: Buy, Target: ₹1050
HDFC Bank names Anup Bagchi as MD & CEO
Strong track record in franchise building and execution
Senior management changes likely under new leadership
Bank should improve liability mix before chasing faster growth
Re-rating likely to be gradual, not immediate
JPM on HDFC Bank
Recommendation: Overweight, Target: ₹990
RBI approves Anup Bagchi as HDFC Bank MD & CEO
External CEO appointment as positive inflection point
Strategic reset could reduce stock overhang
NII growth revival remains key for rerating
Stock has de-rated 32% YTD
Morgan Stanley on HDFC Bank
Recommendation: Overweight, Target: ₹1025
RBI approves Anup Bagchi as HDFC Bank MD & CEO for 3-year term
CEO succession issue had been overhang on stock
Sees announcement reducing uncertainty
Stock has underperformed Bankex by 19 percentage points YTD
Morgan Stanley on Kotak Mahindra Bank
Recommendation: Overweight, Target: ₹535
RBI approves Anup Kumar Saha as MD & CEO
Joined Kotak Mahindra Bank in January 2026
At Bajaj Finance from October 2017 to January 2026
Brings strong analytics-driven consumer finance expertise
Experience from Bajaj Finance and ICICI Bank
* October 5, 2026 10:03
AXISCADES Initiates Voluntary Solvent Liquidation of German Subsidiary add-solution GmbH
Shares flat at Rs 2311.10 on the NSE.
* October 5, 2026 09:54
* October 5, 2026 09:54
* October 5, 2026 09:40
Darshan Desai, CEO, Aspect Bullion & Refinery
"Gold is entering the new week after a sharp correction, with the market balancing softer US economic data against a stronger dollar and elevated bond yields.
From the bullion industry's perspective, physical demand in India remains steady but selective. At current price levels, consumers and jewellers are likely to stagger purchases, while the festive and wedding season should gradually support demand.
For the week ahead, we expect bullion to remain volatile, with US rate expectations, the dollar, bond yields, geopolitical developments and the RBI's policy decision influencing prices."
* October 5, 2026 09:36
Morning Updates :
Nifty Highest OI
(6th Oct Expiry)
Call:23000/Put: 22000
Nifty 200 EMA - 24157
Nifty 50 EMA - 23630
Nifty Spot - 22421
Nifty 100 PE - 19.0
Nifty 50 PE - 19.2
Nifty PCR - 0.75
Nifty Cash Market Volume- 103k Cr
FII Index Long Futures decreased to 8% from 9%
S&P 500 : +0.73%
Brent Futures : 101.7
Dollar Index : 101.9
USD INR. : 96.3
* October 5, 2026 09:35
Gaurav Udani, Founder - Thincredblu Securities -
Nifty is expected to open around 22,535, up by nearly 115 points, indicating a strong gap-up start. After the recent weakness and the index closing around the important 22,500 zone, this recovery is encouraging, but sustaining the gains will be important.
The immediate support is around 22,450-22,500, while 22,750-22,850 will act as the first resistance zone. If Nifty sustains above 22,850, the recovery can extend towards 23,000. However, I would avoid chasing the opening move and instead look for buying opportunities on dips if the index holds the key support zone.
The broader trend remains cautious, and a sustained move above 23,050 would be required for a meaningful improvement in the near-term setup. Until then, volatility and sharp intraday reversals cannot be ruled out.
* October 5, 2026 09:35
APSEZ handled cargo volume of 46 MMT in Sep'26, registering 11% YoY growth
Shares flat at Rs 1743.80 on the NSE.
* October 5, 2026 09:30
Embassy Developments Records Rs 1,800 Crore in Pre-Sales at Launch of Embassy Origins
Shares up 2% to Rs 57.22 on the NSE.
* October 5, 2026 09:29
Shyam Metalics Signs MoU with Maharashtra Govt. to SetUp Rs 50,000 Crore Integrated Steel Complex in Chandrapur
Shares flat at Rs 1046.70 on the NSE.
* October 5, 2026 09:29
Marico: Domestic demand remained resilient during the quarter, even as the operating environment stayed volatile through the period. Looking ahead, we remain optimistic on consumption trends, while closely monitoring the evolving inflationary conditions.
Shares flat at Rs 787.15 on the NSE.
* October 5, 2026 09:29
Major Relief for SEPC as Madras High Court Lifts Attachment on Rs.154 Crore Receivables Following Dispute Settlement
Shares flat at Rs 5.12 on the NSE.
* October 5, 2026 09:28
Poonawalla Fincorp: * Assets Under Management (AUM): AUM stands at approximately ₹ 73,950 crore as on 30th September 2026.
* Liquidity: The Company continues to have ample liquidity of approximately ₹ 6,400 crore as on 30th September 2026.
Shares up close to 2% to Rs 440.70 on the NSE.
* October 5, 2026 09:28
HDFC Bank: The Bank's average advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation / assignment) were Rs 31,87,200 crore for the September 2026 quarter, a growth of around 14.0% over Rs 27,94,600 crore for the corresponding September 2025 period.
The Bank's average deposits were Rs 31,66,500 crore for the September 2026 quarter, a growth of around 16.8% over Rs 27,10,500 crore for the corresponding September 2025 period.
Shares was up over 1% to Rs 729.05 on the NSE, after hitting a high of Rs 734.20.
* October 5, 2026 09:26
PhysicsWallah: FinZ Finance has entered into an agreement with Auxilo Finserve Private Limited, an RBI-registered NBFC, for sale, transfer and assignment of loan portfolio aggregating to Rs 95.79 crore, which constitutes substantial/major part of the total loan portfolio.
Shares surged over 3% to Rs 124 on the NSE.
* October 5, 2026 09:26
Riya Sehgal, Research Analyst, Delta Exchange
Bitcoin's recovery toward $87,000 is being supported by improving institutional demand and stronger market positioning. U.S. spot Bitcoin ETFs attracted around $2.65 billion in September, while on-chain data suggests holders remain comfortably in profit without aggressive profit-taking.
Derivatives activity is also picking up. BTC open interest has risen roughly 4.5%, around $105 million in shorts were liquidated, and volatility has climbed from 36.7, indicating traders are preparing for larger price swings.
Technically, BTC has reclaimed its major 2-hour moving averages, with $87,000-$87,300 now the key resistance. A sustained breakout could bring $88,000-$90,000 into focus, while $85,000-$85,500 remains important support.
Ethereum has also reclaimed its major 2-hour moving averages and is testing the $2,740-$2,750 resistance zone. A clean break could open room toward $2,775-$2,800, while $2,690-$2,700 is the first support area.
The near-term outlook for both remains constructive, but confirmation is important. BTC holding above $87,300 and ETH above $2,750 would strengthen the case for another leg higher, failure to clear these levels could keep both assets range-bound and vulnerable to a pullback.
* October 5, 2026 09:25
Nykaa (FSN E-Commerce Ventures Limited along with its subsidiaries) witnessed a continued growth momentum in Q2 FY2027 with Consolidated GMV expected to be close to thirties. NSV growth is expected to be higher in early thirties.
Shares edged over 5% to Rs 342.80 on the NSE.
* October 5, 2026 09:25
Ola Electric promoter Bhavish Aggarwal has pledged a 4.32 per cent stake in the company to fund his participation in its proposed rights issue of up to Rs 1,000 crore
Shares flat at Rs 36.95 on the NSE.
* October 5, 2026 09:24
DLF Announces Complete Sell-Out of The Aureva, Achieving ₹1985 Crore in Sales
Shares up over 1% to Rs 669.10 on the NSE.
* October 5, 2026 09:20
Top gainers of Nifty 50: Bajaj Finance (+3.29%), Shriram Finance (+2.46%), ITC (+2.03%), Coal India (+1.99%), Grasim (+2.02%)
Top losers: Apollo Hospitals (-2.11%), Cipla (-1.56%), Eternal (-1.18%), Infosys (-1.13%), HCL Tech (-1.07%)
* October 5, 2026 09:18
BSE Sensex traded 420.63 pts or 0.58% higher at 72,330.33 at 9.16 am after opening at 72,340.95 from 71,909.70 previous close. Nifty 50 gained 127.05 pts or 0.57% to 22,549.
* October 5, 2026 09:16
* October 5, 2026 09:15
Bitcoin is trading around $86,000. BTC has recovered from the 82,000-85,000 range seen at the start of October. The 84,000-85,000 zone is the immediate support area. The next important support is around $82,000. Resistance is around 87,000-88,000. A sustained break above this zone could put $90,000 in focus.
ETF demand remains supportive. US spot Bitcoin ETFs saw strong inflows during the second half of September. The September 21 session recorded about $999 million of inflows. Annual ETF flows had moved from a $5.8 billion deficit to roughly $800 million positive by September 25. This marked a significant reversal in institutional demand.
On-chain indicators remain constructive. Bitcoin's MVRV was around 1.59 in the latest available reading. SOPR was close to 1. This suggests that investors are still realising profits. However, there are no clear signs of extreme market-wide euphoria. A large share of Bitcoin supply also remains with long-term holders.
Large-cap altcoins are participating in the recovery. ETH is around $2,700. BNB is near $790. XRP is around $1.50. SOL is near $120. TRX is around $0.34. Ethereum and Solana remain among the stronger large-cap assets. Bitcoin, however, continues to attract the strongest institutional demand.
Macro conditions have become more supportive. US September payrolls increased by only 29,000. The unemployment rate rose to 4.2%. Markets have sharply reduced expectations of an October Fed hike. Reuters puts the probability at about 22%. However, inflation remains a risk. Brent crude is also around $102 a barrel.
Our advice: Investors should avoid chasing the rally. ETF flows remain constructive. However, oil prices, inflation and Treasury yields could drive volatility. US CPI on October 14 and the Fed meeting on October 27-28 will be important catalysts for crypto markets.
* October 5, 2026 09:15
Zinc India
- Mined metal production: 271 Kt, +5% YoY.
- Saleable metal production: 264 Kt, +7% YoY.
- Refined zinc production: 212 Kt, +5% YoY.
- Refined lead production: 51 Kt, +14% YoY.
- Silver production: 173 tonnes, +20% YoY.
- Wind power generation: 155 MU, +17% YoY.
- Chanderiya and Dariba projects supported production.
- Debari's 160 KTPA roaster also supported output.
Zinc International
- Total mined metal: 53 Kt, -12% YoY.
- Gamsberg production: 46 Kt, -6% YoY.
- BMM production: 7 Kt, -37% YoY.
- Gamsberg Phase 2 commissioned in Q2 FY27.
- Saleable production expected from October 2026.
- Overall production rose 9% QoQ.
- BMM plant operations continued stabilising.
FACOR
- Ore production: 50 Kt, +6% YoY.
- Ferro Chrome production: 24 Kt, +26% YoY.
Copper India
- Copper sales: 52 Kt, +16% YoY.
Copper International
- Copper sales: 6 Kt, -74% YoY.
- Fujairah rod sales faced Strait disruptions.
- Strait of Hormuz closure adversely impacted sales.
Ports Business
- Dispatch volume: 1,739 Kt, +26% YoY.
- Discharge volume: 1,827 Kt, +22% YoY.
- Improved efficiency supported performance.
- Stronger cargo flow also aided growth.
KEY TAKEAWAY
Vedanta delivered strong growth across Zinc India, silver, FACOR, Copper India and ports. Zinc International remained weaker YoY, while Gamsberg Phase 2 provides an additional production opportunity. Copper International sales were impacted by Strait of Hormuz disruptions.
* October 5, 2026 09:14
* Domestic airfares on key routes have risen sharply ahead of the festive and year-end travel season.
* Delhi-Hyderabad fares are up around 68% YoY, while Mumbai-Kolkata fares have increased about 51% YoY.
* Airlines have cut domestic flight frequencies by around 5%, while overall seat capacity remains broadly stable.
* Lower flight frequency and strong festive travel demand are supporting higher ticket yields.
* However, higher ATF prices remain a cost pressure and could partly offset the benefit from stronger fares.
Impact: Positive to Mixed for InterGlobe Aviation (IndiGo) & SpiceJet -- higher fares should support yields and revenue, but elevated fuel costs could limit margin gains.
* October 5, 2026 09:14
Key Observations
- Accenture growth exceeded guided range
- Growth driven by more small deal wins
- FY27 guidance broadly aligned with consensus
- Q4 beat gives neutral Indian IT read-through
- FY27 guidance also appears neutral for sector
- AI commentary remains positive for Indian IT
Key Takeaway
- Accenture performance was better than expected
- Small-deal momentum remains encouraging
- Indian IT read-through remains broadly neutral
- AI demand outlook remains supportive
- Impact: Neutral to Positive
* October 5, 2026 09:11
"Bitcoin has started October with a more constructive macro backdrop after softer U.S. jobs data sharply reduced expectations of an October Fed rate hike. Bitcoin's current setup is being shaped by a clear macro headwind, as U.S. Treasury yields remain elevated, keeping pressure on crypto even as Bitcoin holds around $84,000. After a strong September rally, BTC's ability to consolidate rather than sharply reverse suggests underlying demand remains intact. Ethereum is showing similar resilience, but the market is waiting for a fresh catalyst to push both assets higher.
What I find more significant is the change in the rate narrative. September payrolls added only 29,000 jobs, sharply below expectations, and markets have now cut the probability of an October Fed hike from 64% to 22%. That gives Bitcoin a potential liquidity catalyst, but I would not call this a clean breakout yet. BTC has repeatedly faced supply around $87,000 to $87,500, so reclaiming that zone and holding it would be the confirmation that buyers are absorbing overhead supply rather than simply reacting to weaker economic data.
For investors, the opportunity is to watch the interaction between yields and price, not chase the headline move. If Treasury yields continue easing while BTC holds above $84,000 and breaks $87,500, $90,000 becomes a credible next objective. Ethereum holding above $2,700 would add confirmation that the recovery is broadening. Until then, disciplined leverage and clearly defined levels remain essential." - Avinash Shekhar, Co-Founder & CEO, Pi42
* October 5, 2026 09:10
BTC is in a clear bullish trend on the daily chart. The earlier consolidation between roughly $62K-$67K formed a rising structure, followed by a strong breakout and impulsive move toward $76K-$82K. The $82K horizontal resistance was tested several times before finally breaking, and price is now trading above it, turning that area into an important support zone.
After the breakout, BTC made a sharp move higher and is now consolidating near the highs around $84K-$87K. The recent candles are relatively small compared with the breakout candles, showing that the market is taking a pause rather than aggressively selling off. There are also several lower wicks around the $84K-$85K area, suggesting buyers are stepping in on dips.
The $76K area acted as strong support during the previous consolidation, while the move from $76K to $82K and then above $82K shows a clear higher-high/higher-low structure. The rising trendline visible from the earlier lows also supports the overall bullish setup.
Volume increased significantly during the major upward breakout, which is a good confirmation. However, volume has reduced during the current consolidation, which is normal and suggests the market is waiting for the next directional move.
At the moment, BTC is testing the $87K-$88K resistance zone. A strong daily candle closing above this area would confirm another bullish breakout and could open the way toward $90K. On the other hand, a rejection from this zone followed by a break below $84K would indicate a deeper pullback, with $82K being the key level to watch.
Overall chart structure: Bullish → breakout → consolidation near highs → waiting for the next breakout."
* October 5, 2026 09:10
➜ HDFCBANK -- New MD & CEO appointed
➜ BAJFINANCE -- ₹5,800 Cr preferential issue
➜ HINDZINC -- Q2 production growth
➜ AUROPHARMA -- USFDA approval
➜ RVNL -- Order cancellation update
➜ UCOBANK -- Q2 advances +24.7%
➜ CANBK -- Advances +16.8%
➜ INFOSYS -- IT sector positive sentiment
➜ MOIL -- Manganese prices +5%
➜ IREDA -- CMD additional charge extended
➜ BANKBARODA -- Q2 global business +17.5%
➜ INDIANB -- Q2 business +14.2%
➜ BANDHANBNK -- Q2 advances +13.1%
➜ IDBI -- Q2 business +18%
* October 5, 2026 09:03
* October 5, 2026 08:53
* October 5, 2026 08:41
* October 5, 2026 08:38
Nischal Shetty, Founder, WazirX
"Asian markets opened with a broadly constructive tone, led by Japan. The Nikkei 225 gained 2.43%, while the KOSPI advanced 0.46%, Shanghai rose 0.31% and Singapore added 0.25%. The Hang Seng was the regional exception, declining 0.30%. This suggests improving risk appetite across Asia.
The wider crypto market reflected this improving sentiment. Total market capitalisation increased 1.86% over 24 hours to $2.95 trillion, compared with $2.90 trillion a week ago and $2.68 trillion a month ago. This points to a broader recovery in digital-asset valuations.
Bitcoin traded near $86,652. Immediate support is visible around 85,500-86,000, followed by 84,500-85,000. Resistance sits around 87,000-87,500, with $88,000 representing the next psychological hurdle. Ethereum traded near $2,732, with support around 2,680-2,700 and resistance near 2,760-2,800. Sustained participation above these resistance zones would strengthen short-term momentum, while rejection could extend consolidation.
Bitcoin's overall market dominance stood near 59.15%, confirming that it continues to lead the market. Within the CMC20 index, Bitcoin carried a 69.24% weight and Ethereum 13.25%. XRP and Solana followed at 3.82% and 2.84%, respectively. The concentration of more than 82% in Bitcoin and Ethereum shows that index performance remains heavily dependent on the two largest assets.
Derivatives data indicate that rising prices triggered a substantial short squeeze. Total 24-hour liquidations reached $139.49 million, comprising $114.42 million in shorts and $25.07 million in longs. Bitcoin accounted for $60.44 million and Ethereum $26.63 million. This suggests that bearish positions were caught by the recovery.
On the other hand, rising global bond yields could create a more restrictive liquidity environment for crypto markets. With the US Treasury yield reaching 5.34%, its highest level since 2002, investors can earn stronger returns from comparatively lower-risk government debt. This increases the opportunity cost of holding non-yielding and volatile assets such as Bitcoin and may slow institutional allocations to crypto.
The impact could be more pronounced across emerging markets. Higher global borrowing costs can encourage capital to move toward dollar-denominated bonds, strengthen the US dollar and place pressure on local currencies. Indian crypto sentiment may be shaped by the RBI's policy decision, inflation outlook and rupee movement this week. "
* October 5, 2026 08:38
Citi
We upgrade ITC to Buy from Sell,
raising our TP to Rs300 (vs. Rs270),
* October 5, 2026 08:37
* October 5, 2026 08:37
* October 5, 2026 08:35
* October 5, 2026 08:34
* October 5, 2026 08:05
* October 5, 2026 07:55
* Nifty bias: Positive, with the index trading above its opening level and the advances/declines ratio at 31:19.
* Immediate support: 22,500. Holding above this level keeps the positive bias intact.
* Key resistance: 22,630. A strong breakout above this level can open the way to 22,800 in the coming sessions.
* Downside trigger: A fall below 22,500 can drag the Nifty towards 22,400. Failure to recover from 22,400 could expose 22,200.
* October Futures: Immediate resistance at 22,740. A breakout can take the contract towards 22,880-22,900.
* Futures downside: Failure to cross 22,740 can pull the contract towards 22,580-22,480. Sustaining below 22,480 could extend the decline towards 22,300 and lower.
* Trading strategy: Avoid fresh long positions for now as key resistance lies ahead. Watch 22,740 in Futures for the next directional signal.
* Key levels: Support -- 22,580, 22,480 | Resistance -- 22,740, 22,880.
* October 5, 2026 07:50
* October 5, 2026 07:50
* October 5, 2026 07:25
CMIE's latest data showed new project announcements rose 34.7% YoY to ₹30.4tn in H1FY27 from ₹22.6tn in H1FY26. The increase was led by services and electricity, while manufacturing announcements declined 22.4% YoY to ₹8.2tn. Services-led announcements doubled to ₹11.9tn, driven by IT projects, which surged to ₹9.5tn from ₹0.7tn a year ago. Electricity projects also rose 85.2% YoY to ₹9.2tn. Thus, the investment recovery remains concentrated in power and new-economy infrastructure, rather than reflecting a broad-based revival in manufacturing capex.
RBI Governor Sanjay Malhotra called for greater vigilance over financial stability, cautioning that current resilience may not imply future immunity. He noted that prolonged stability can encourage risk-taking and leverage, allowing financial vulnerabilities to build rapidly.
Meanwhile, the GST Council is set to discuss measures to ease compliance for small e-commerce sellers, including allowing nationwide operations with a single registered address. It will also address tax ambiguities for services booked through e-commerce platforms to standardise tax collection and reporting.
On the external front,the Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, Nournews reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday, a few days after Tehran received Washington's reply to its diplomatic proposal.
Oil prices rose on Monday after Yemen's Iran-backed Houthis said they launched ballistic missiles and drones at Saudi Aramco sites in Riyadh and the Khurais area, raising concerns about production at the top exporter in the region.
Meanwhile Opec+ is set to keep oil production targets steady for November, three sources close to the matter said ahead of the group's meeting on Sunday. Gulf Opec+ producers have been pumping well below output targets in the face of continuing export disruptions from the US-Israeli war on Iran, with exports fluctuating at 60-80% of normal levels in recent months.
In the US, non-farm payrolls rose by just 29k in September, below expectations of 89k and August's 162k, while unemployment increased to 4.2% from 4.1%. The weaker labour market could strengthen the case for the Fed to keep rates unchanged later this month.
The UK is preparing to impose tariffs on Chinese electric vehicle imports amid EU concerns that the UK could become a route for Chinese EVs into European markets. The move underscores rising trade protectionism around Chinese EV imports.
Asian market
Asian market opened higher today after U.S. stock futures edged up on Sunday evening after Wall Street closed higher on Friday, as weaker-than-expected jobs data reduced expectations for another Federal Reserve interest-rate hike this month, while elevated Treasury yields and oil prices limited gains.
Brent: 101.95, US10Y: 5.26%, DXY: 102.0, USDINR: 96.3, GIFT NIFTY: +0.52%
* October 5, 2026 07:25
Sai Silks (Kalamandir): Co Q2 Fy27 Turnover At ₹434 Crore, Opens 4 New Stores Across Karnataka And Andhra Pradesh
Redington: Co Signs Distribution Deal With Opswat To Scale Critical Infrastructure Protection Across Middle East, Türkiye, Africa And Cis
Studds Accessories: Co Receives Occupation Certificate For Faridabad Facility-v, Commercial Production Now Expected By End-october 2026
Cipla: Maharashtra FDA Cancels Co Unit's Drug Sale Licence Over Alleged Violations - Newspaper
Bajaj Housing Finance LTD: Q2 Fy27 Gross Disbursement Reaches ₹19,930 Crore, Up From ₹15,914 Crore In Q2 Fy26; AUM Grows 25% To ₹1,58,190 Crore; Loan Assets Increase To ₹1,39,850 Crore
Sedemac Mechatronics Limited: Co. Reports Highest Quarterly Sales Of Control-intensive Ecus With 1,452,867 Units Sold, Up 37.5% YoY; Cumulative Sales Of Isg+efi Ecus Reach 1 Million Units
Viceroy Hotels LTD: Co. Signs Loan Agreement With Wholly-owned Subsidiary Sln Terminus Hotels And Resorts For ₹38.45 Crores At 8.75% Interest; Loan Aimed At Repaying Sln's Borrowings
Sudarshan Chemical Industries: Co Maharashtra Gst Officials Conduct Search At Offices And Manufacturing Units Under Section 67
* October 5, 2026 07:15
Hemo Organic Limited (BSE Scrip Code: 524590, Symbol: HEMORGANIC) announced the outcomes of its Board of Directors meeting held on Saturday, October 3, 2026. The board approved major strategic proposals, including a fundamental shift in business objects, a significant increase in authorized share capital, and key leadership appointments.
Pivot Into Diamond Trade, Real Estate, and Corporate Investments
The Board has approved a comprehensive alteration of Clause 3 (Main Objects) of the company's Memorandum of Association (MOA), substituting existing objects with a completely new operational scope, subject to shareholder and regulatory approvals.
The revised business objects pivot the company into the following domains:
Diamond Industry Operations: Trading, importing, exporting, stocking, and distributing natural, rough, polished, cut, uncut, laboratory-grown, and synthetic diamonds, along with diamond-related products.
* October 5, 2026 07:14
Filatex India: A minor fire incident occurred at our Dahej Plant in central store department around 3.30 P.M. today. There is no loss of production in the plant and the plant is fully operating. The fire was brought under control within couple of hours. Fortunately, none of the workmen / other persons was seriously injured and no other casualty happened due to the said fire incident.
The loss due to fire does not affect materially to the company. Exact quantum of loss cannot be determined at this stage. However, it is fully covered by insurance. The Company has also taken Loss of Profit Insurance Policy in case of Business Interruption.
* October 5, 2026 07:14
Goa Carbon Limited has announced the successful resumption of operations at its Bilaspur manufacturing unit, located at the Sirgitti Industrial Area in Chhattisgarh. The development marks a key operational milestone for the company following a period of activity suspension at the site since mid-2025.
The company confirmed that the kiln at the Bilaspur facility was lit up on October 3, 2026. Management indicated that following preliminary heating procedures and the subsequent feeding of raw materials into the processing loop, standard production cycles at the plant will resume shortly.
* October 5, 2026 07:13
SEDEMAC Mechatronics Limited (BSE: 544723, NSE: SEDEMAC) has announced a significant operational milestone, officially surpassing one million cumulative units sold of its Integrated Starter Generator and Electronic Fuel Injection Electronic Control Units (ISG+EFI ECUs). This achievement highlights the rapid commercial scale and market adoption of the company's proprietary automotive electronic solutions. The growth trajectory of SEDEMAC's ISG+EFI ECUs, which incorporate the company's in-house sensorless commutation technology, has accelerated remarkably since commercial rollout began in October 2024. Starting from initial commercial operations, SEDEMAC crossed its first major threshold of more than 250,000 cumulative units sold in August 2025, reaching the mark within ten months. Growth continued at a rapid pace over the following months, with cumulative sales exceeding 500,000 units by January 2026, just fifteen months from the start. Building on this momentum, the enterprise completed its push to cross the one million cumulative sales milestone in September 2026, achieving the target within twenty-three months of initial market introduction.
* October 5, 2026 07:13
Prabhhans Industries Limited (BSE Scrip Code: 530361, Symbol: PRABHHANS) has announced that its Board of Directors approved a proposal to change the company's name at its board meeting on Saturday, October 3, 2026. Rebranding Proposal Details : The Board has approved changing the name of the company to one of the following proposed options: Exigo Cleantech Solutions Limited and Exigo Cleantech Limited or Any other alternate name as may be approved by the competent authority. The proposed rebranding signals a potential strategic pivot or alignment toward clean technology and sustainable solutions.
* October 5, 2026 07:13
Pashupati Cotspin Limited (NSE Symbol: PASHUPATI, BSE Scrip Code: 544448) announced the key outcomes of its 6th Board of Directors meeting for the fiscal year 2026-27, held on Saturday, October 3, 2026. The board approved a significant capital restructuring plan highlighted by a 3:2 bonus share issue and a substantial increase in authorized share capital.
* October 5, 2026 07:12
FSN E-Commerce Ventures Limited, the parent entity of beauty and lifestyle retailer Nykaa, has released its provisional quarterly revenue performance update for the second quarter ended September 30, 2026 (Q2 FY2027). The company reported sustained business momentum, projecting consolidated Net Revenue growth in the late twenties on a year-on-year basis.
Nykaa expects its Consolidated Gross Merchandise Value (GMV) growth to reach close to the thirties, while Net Sales Value (NSV) growth is anticipated in the early thirties for the quarter.
The growth was anchored by steady execution across both primary operating segments-Beauty and Fashion-alongside expanding retail footprint and strong online customer acquisition.
Beauty Vertical Maintains Strong Traction
The core Beauty vertical delivered another period of solid operational performance, with both NSV and Net Revenue projected to grow in the late-twenties percentage range year-on-year.
Key operational developments in the Beauty segment during Q2 FY2027 include:
Retail Expansion: The company added 14 net new stores during the quarter, taking its total physical retail store network to 338 as of September 30, 2026.
* October 5, 2026 07:11
Index | Current PE | PB | Div Yield |
|--------------------|------------|------|-----------|
| *Nifty 50* | *19.19* | 2.75 | 1.23% |
| *Sensex* | *~19.09*| -- | -- |
| *Nifty Bank* | *12.91* | 1.64 | 0.73% |
| *Nifty Next 50* | 18.08 | 3.31 | 1.06% |
| *Nifty 100* | ~18.97-19.14 | ~2.84-2.87 | ~1.19-1.20% |
| *Nifty Midcap 50| **29.80* | 3.65 | 0.68% |
| *Nifty Midcap 100*| 27.70 | 3.73 | 0.65% |
| *Nifty Midcap 150*| ~28.10 | ~3.79| ~0.72% |
| *Nifty Smallcap 100*| 37.37-37.71 | ~3.69-3.73 | ~0.53-0.55% |
| *Nifty IT* | 17.80 | 4.96 | 2.83% |
| *Nifty Financial Services* | 15.05 | 2.27 | 1.01% |
Sources: NSE Indices / Flash Finance / IndexPE / Downstox (end-of-day figures). Slight variations across sites are normal due to timing or minor calculation differences. Forward PE for Nifty 50 is lower (around 17.4x in recent commentary).
### Historical Context - Past 10 Years (and longer)
*Nifty 50 PE trends (key reference points):*
- *10-year median / average*: ~23.2-23.3 (some sources show average closer to 24-24.8 depending on exact window and standalone vs consolidated).
- *5-year median*: ~21.9-22.0.
- *Full history (longer-term) median*: ~20.9-21.3.
- Current 19.19 is *below* the 10-year, 5-year, 3-year, and 1-year medians (typically 8-18% cheaper than these benchmarks). It sits near the bottom of the post-April 2021 consolidated-earnings era (0th-low single-digit percentile in many readings) and is among the lowest levels in the last decade outside of deep stress periods.
*Notable historical range for Nifty 50 (approximate):*
- 10-year low: ~17.15 (March 2020 COVID trough).
- Highs: ~39-42 (early 2021 post-COVID rebound peak on mixed basis); year-end peaks often 26-28 in 2017-2019.
- Year-end examples (approximate, mixing bases where noted): 2016 ~21.5-22, 2017 ~26-27, 2018 ~26, 2019 ~28, 2020 ~37-38, 2021 ~24, 2022 ~22, 2023 ~23, 2024 ~22, 2025 ~23, 2026 YTD low ~19.2.
*Note on methodology*: NSE switched index PE calculation from standalone to consolidated earnings around end-March 2021. This lowered reported PE levels (often by several points) for the same prices/earnings. Pre-2021 comparisons require caution; post-2021 data is more consistent for recent analysis.
*Nifty Bank*:
- Current 12.91 is well below its 5-year median (~16) and 10-year median (~22-23). It ranks in the lower percentiles of recent history and is viewed as moderately undervalued on a historical basis.
*Midcap / Smallcap*:
- Midcaps (e.g., Midcap 50 at ~29.8) are near or modestly below recent 5-year medians (~31) but still elevated vs longer-term history (10-year medians often higher, full history lower). Smallcaps remain richer (high 30s).
### Analysis vs Past 10 Years
- *Nifty 50 / large-caps are relatively attractive*: Trading ~15-18% below the 10-year median and at multi-year lows on a consolidated basis. Valuations have compressed significantly from the 21-24x range common in 2023-2025 and the much higher post-COVID peaks. Recent commentary notes Nifty near post-Covid valuation lows on a forward basis as well, with the multiple contraction driving much of the recent price weakness while earnings continued (more modestly) to grow.
- This is *not* extreme bargain territory like March 2020 (~17) or 2008/2011 lows, but it is clearly in the cheaper zone of the last decade. Historically, buying Nifty when PE is in the low-20s or below (especially relative to its own median) has been associated with better subsequent medium-to-long-term returns, though past performance is no guarantee.
- *Banking is cheaper*: Nifty Bank at ~13x stands out as one of the more undervalued major segments versus its own history.
- *Mid/small-caps are less compelling on pure PE*: Still elevated versus long-term averages even after some cooling, though recent relative performance and earnings growth have been stronger in parts of this universe.
- *Overall market context*: Large-cap valuations have reset lower amid broader market pressure (Nifty down significantly from peaks). Earnings growth remains a key swing factor -- sustained double-digit growth would support re-rating from these levels, while any slowdown would keep multiples under pressure. Global factors, interest rates, and domestic flows also influence where PE settles.
*Bottom line*: Nifty 50 and Sensex PE levels look reasonable to moderately undervalued versus the past 10 years' norms (especially the 10-year median near 23+). Banking looks particularly attractive on this metric. Mid- and small-caps are closer to fair or still somewhat rich. PE is only one lens -- pair it with earnings growth trajectory, PB, dividend yield, and macro conditions for a fuller view. Data is as of early October 2026 and can shift daily with prices and quarterly earnings updates.
* October 5, 2026 07:10
01.10.2026
FIIs -9,484 crs
DIIs +10,042 crs
Yeh lo FIIs again sold at 10k Crs
* October 5, 2026 07:10
PUBLIC SECTOR BANKS
🔸Bank of Baroda: Global deposits +16.75% YoY to ₹17.51 lakh cr; advances +18.27% to ₹15.12 lakh cr; global business +17.45%.
🔸PNB: Deposits +9.9% YoY to ₹17.77 lakh cr; advances +14.8% to ₹13.43 lakh cr; CD ratio rose to 75.56%.
🔸Bank of India: Global deposits +21.6% YoY to ₹10.38 lakh cr; advances +20.4% to ₹8.54 lakh cr (domestic deposits +23.3%).
🔸Canara Bank: Deposits +13.1% YoY to ₹16.97 lakh cr; advances +19.4% to ₹13.74 lakh cr.
🔸Union Bank of India: Deposits +6.9% YoY to ₹13.19 lakh cr; advances +18.5% to ₹11.56 lakh cr.
🔸Indian Bank: Deposits +12.4% YoY to ₹8.73 lakh cr; advances +16.6% to ₹7.23 lakh cr.
🔸IDBI Bank: Deposits +17% YoY to ₹3.56 lakh cr; net advances +18% to ₹2.72 lakh cr; total business +18%.
🔸J&K Bank: Deposits +16.3% YoY to ₹1.77 lakh cr; advances +23.7% to ₹1.34 lakh cr.
🔸Punjab & Sind Bank: Deposits +13% YoY; advances +19.4%.
🔸UCO Bank: Deposits +14.1% YoY; advances +24.7%.
PRIVATE & SMALL FINANCE BANKS
🔸Karnataka Bank: Deposits +12% YoY to ₹1.15 lakh cr; advances +24.9% to ₹0.92 lakh cr.
🔸South Indian Bank: Deposits +18.7% YoY to ₹1.37 lakh cr; advances +18.7% to ₹1.10 lakh cr (balanced growth).
🔸Tamilnad Mercantile Bank: Deposits +25.5% YoY; advances +29.4%.
🔸Dhanlaxmi Bank: Deposits +20.2% YoY; advances +22.3% (gold loans strong).
🔸CSB Bank: Deposits +18% YoY to ₹46,889 cr; advances +22% to ₹42,373 cr (gold loans +36%).
🔸AU Small Finance Bank: Deposits +28.6% YoY to ₹1.70 lakh cr; gross advances +27.9%.
🔸Ujjivan SFB: Deposits +29.2% YoY to ₹50,649 cr; gross loan book +32.1% to ₹45,699 cr.
🔸Capital Small Finance Bank: Deposits +16.2% YoY; advances +23.4%.
Loan growth clearly outpaced deposit growth at most banks, pushing the calculated CD ratio higher to 82.5%. Smaller/private and SFB names generally showed faster growth rates than large PSBs. All figures are provisional.
* October 5, 2026 07:09
MAJOR NBFCs / HOUSING FINANCE
🔸Bajaj Finance: AUM +26.5% YoY to ₹5.85 lakh cr; new loans booked +11% to 13.45 million; customer franchise at 128.85 million; deposit book ₹69,750 cr.
🔸Bajaj Housing Finance: AUM +25% YoY to ₹1.58 lakh cr; gross disbursements +25.2% to ₹19,930 cr; loan assets ₹1.40 lakh cr.
🔸Mahindra & Mahindra Financial Services: Disbursements +22% YoY to ₹16,490 cr (H1 ₹32,050 cr); business assets +15% to ₹1.46 lakh cr; collection efficiency 97%.
🔸L&T Finance: Retail disbursements +27% YoY to ₹24,000 cr; retail loan book +29% to ₹1.34 lakh cr; retailisation at 99%.
🔸OnEMI Technology Solutions (Kissht): AUM +68.4% YoY to ₹9,317 cr; disbursements ₹4,612 cr.
SMALL FINANCE BANKS
🔸Equitas SFB: Gross advances +29.6% YoY to ₹50,694 cr; deposits +19% to ₹52,483 cr.
🔸AU SFB / Ujjivan SFB: Strong double-digit growth (as previously listed).
OTHER BUSINESSES
🔸Tata Motors JLR: Wholesale volumes +24.5% YoY to 82,400 units; retail sales -7.5% YoY.
🔸Vedanta Power: Power sales +26% YoY to 5,593 million units.
🔸Vedanta Aluminium: Highest-ever quarterly aluminium production of 649 KT.
NBFCs continue to show robust AUM and disbursement growth (mostly 20-30%+), with strong demand in retail, gold, housing and vehicle finance. Figures are provisional.
* October 5, 2026 07:09
Indian companies begin reporting their July-September 2026 (Q2 FY27) results, with 21 firms scheduled. Markets will closely watch major names like TCS and DMart, along with recently listed companies.
🔸October 5 (Mon): Rentomojo (recently listed rental platform) + smaller firms like Globe Commercials, LCC Projects, and Steamhouse.
🔸October 6 (Tue): Newly listed Veegaland Developers and Asset Reconstruction Company (Arcil), plus Kanohar Electricals and Glass Wall Systems.
🔸October 7 (Wed): Micro-caps including Alstone Textiles, Golkonda Aluminium Extrusions, Indrayani Biotech, and Tiaan Consumer.
🔸October 8 (Thu): IT giant TCS (results + possible interim dividend) + GM Breweries and Grand Oak Canyons.
🔸October 9 (Fri): Financial firms - Poonawalla Fincorp, Anand Rathi Wealth, Can Fin Homes, Canara Robeco AMC, and Hathway Bhawani.
🔸October 10 (Sat): Avenue Supermarts (DMart) for Q2 and H1 results.