The Indian benchmark indices, Sensex and Nifty 50, ended lower on Monday. The BSE Sensex fell 547.65 points to 71,924.68, while the Nifty 50 settled at 22,363.35. Selling pressure in FMCG and IT stocks weighed on the market, though gains in auto, pharma, and realty shares offered some support to investors.
Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
The Indian benchmark indices, Sensex and Nifty 50, ended lower on Monday.
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Stock Market Recap
The Indian benchmark indices, Sensex and Nifty 50, ended lower on Monday, weighed down by selling pressure in FMCG and IT stocks. Losses in PSU banks and oil and gas shares also kept sentiment subdued, while gains in auto, pharma and realty stocks offered some support.
The BSE Sensex ended at 71,924.68, down 547.65 points, or 0.76%, while the Nifty 50 settled at 22,363.35, lower by 157.10 points, or 0.70%.
US Stock Market Recap
US stocks were little changed on Monday as investors assessed rising oil prices and prepared for a busy week of corporate earnings and inflation data. The major averages ended the previous week on a positive note, supported by gains in technology stocks, and market participants are now looking for fresh cues to sustain the rally.
The S&P 500 rose 0.11% to 7,819.24, while the Dow Jones Industrial Average gained 0.25% to 51,783.23. The Nasdaq Composite slipped 0.11% to 27,333.28.
Earnings
RBL Bank Q2
NII up 37.5% at Rs 2,131 crore versus Rs 1,550 crore YoY
Provisions at Rs 767 crore versus Rs 599 crore QoQ
Provisions at Rs 767 crore versus Rs 500 crore YoY
Operating profit up 91.8% at Rs 1,396 crore versus Rs 728 crore YoY
Net profit at Rs 482 crore versus Rs 179 crore YoY
Gross NPA at 1.02% versus 1.30% QoQ
Net NPA at 0.29% versus 0.37% QoQ
HCLTech Q2 (Cons)
Revenue up 3% at Rs 35,620 crore versus Rs 34,579 crore QoQ
EBIT up 10.9% at Rs 6,465 crore versus Rs 5,831 crore QoQ
EBIT margin at 18.1% versus 16.7% QoQ
Net profit up 11% at Rs 5,132 crore versus Rs 4,624 crore QoQ
CC revenue growth at 2.3% QoQ
ICICI Prudential AMC Q2
Net profit down 7.9% at Rs 889 crore versus Rs 965 crore QoQ
Total income down 3.1% at Rs 1,691 crore QoQ
Total income at Rs 1,691 crore versus Rs 1,745 crore QoQ
To pay interim dividend of Rs 30/share
Other income at Rs 17 crore versus Rs 181 crore QoQ
Swan Defence Q2 FY27 (Cons)
Revenue up 73.7% at Rs 68.8 crore versus Rs 39.6 crore YoY
EBITDA loss at Rs 17.4 crore versus loss of Rs 8.1 crore YoY
Net profit at Rs 566 crore versus loss of Rs 60 lakh YoY
Tax write-back of Rs 563 crore in Q2
Other income at Rs 57 crore versus Rs 31 crore YoY
FY27-FY31 revenue visibility secured by Rs 6,500 crore in firm contracts
Expects domestic shipbuilding demand to pick up over the next 12-18 months
Legacy NOPV sale monetisation targeted for FY27/FY28
Business Updates
Indian Hotels: Signs 47 hotels in H1 FY27. Hotel portfolio stands at 670. Opens 20 hotels across its brandscape in H1 FY27.
Stocks In News
Azad Engineering: Gets Rs 53 crore order from BHEL for the supply of critical stator vanes and rotor blades (airfoils) for gas turbines.
BlackBuck: To transfer Loads business undertaking to arm BlackBuck Transport Services.
Tata Motors: Arm Tata Motors Passenger Vehicles signs definitive technology agreement with Stellantis to provide vehicle architecture.
HCLTech: Signs global premier partnership with Anthropic to scale agentic AI across enterprises. To set up Anthropic Business Unit and Centre of Excellence for Claude.
CreditAccess Grameen: Signs $175 million syndicated social loan facility through ECB.
Maruti Suzuki: NCLAT matter will not be taken up on Nov. 2. Next hearing date to be notified.
LIC: To launch three new products from Oct. 19: LIC's New Jeevan Dhara-II, LIC's Health Shield and LIC's New Cancer Cover.
Karur Vysya Bank: Enters into a pact with Zurich Kotak General Insurance for the distribution of general insurance products.
SML Mahindra: Pushkar Patwardhan resigns as CFO from Oct. 19. Appoints Manaswini Goel as CFO until Dec. 31 and Surender Kalra as CFO from Jan. 1.
GSP Crop Science: Pranav Chitre resigns as CFO from Oct. 30.
Karnataka Bank: Launches digital platform Trade Konnect for import, export and outward remittance transactions.
Aequs: Signs long-term supply pacts with Safran for aerospace applications.
Bank of India: Declares Rs 575 crore NPA of Future Enterprises as fraud.
IRCON International: Gets Rs 862 crore EPC order from East Central Railway.
Lords Mark: Completes acquisition of Radio Electric.
Crompton Greaves: Launches InstaNourish Pro multi-purpose kettle.
Zydus Lifesciences: Presents new Saroglitazar trial analysis at ACG 2026. Analysis compares treatment response in US versus non-US patients. EPICS-III study conducted in PBC patients with inadequate response or intolerance to UDCA. Saroglitazar remains an investigational drug and is not yet approved by the US FDA.
REC: Subsidiary RECPDCL transfers two power transmission SPVs to successful bidders. Ceigall India acquires Jam Khambhaliya Jamnagar Power Transmission, while Power Grid Corporation acquires Lakadia II Power Transmission. Transfer includes 100% stake along with all assets and liabilities of both SPVs.
Orkla India: Calls Farmley acquisition report speculative. Company evaluates various strategic opportunities; no definitive proposal on Farmley acquisition exists.
Nazara Technologies: Rakesh Shah resigns as CFO from Oct. 15. Appoints Arun Agrawal as CFO from Oct. 16. To invest Rs 742 crore in arm Nazara Technologies UK. Allots 2.39 crore shares at Rs 306/share on a preferential basis, raising Rs 731 crore. Rohit Sharma resigns as whole-time director effective Jan. 11, 2027. Approves conversion of Rs 129.35 crore loan into equity of Smaaash Entertainment and Rs 294.4 crore loan into equity of Nazara Technologies UK. Nitish Mittersain redesignated as founder and non-executive director from managing director, effective Oct. 12, 2026.
Bajaj Healthcare: Signs deed to sell Dahej undertaking, located at Dahej GIDC, Bharuch, Gujarat.
A-One Steels: Gets GST registration certificate for Maharashtra warehouse.
Indian Overseas Bank: Revises marginal cost of funds-based lending rates. One-month MCLR remains unchanged at 8.25%. One-year MCLR revised to 8.90% and three-year MCLR to 8.95%. Revised rates effective from Oct. 15, 2026.
Elitecon International: Board approves raising Rs 1,000 crore via QIP.
Indian Bank: Board to meet on Oct. 15 to consider fund-raising plan.
Bombay Burmah Trading: Tamil Nadu Forest Department issues notice to company relating to the Singampatti tea estate matter. Company invited to file objections and granted an opportunity for a hearing.
SAMHI Hotels: Arm Duet India gets commencement certificate from MIDC for Navi Mumbai project.
Ventive Hospitality: To appeal Point 22 of NCLT order in merger scheme case, seeking relief.
Vikran Engineering: Arm NOPL secures Rs 2,941 crore IREDA loan for the group's 969 MW solar project. Loan supports a Rs 4,202 crore solar project.
PTC India Financial: CEO and MD Rajiv Malhotra's tenure extended by one year.
TD Power Systems: QIP closes; issue price set at Rs 775/share.
Cohance Lifesciences: Government approves appointment of Umang Vohra as chair and group CEO.
L&T Finance: Allots 80,000 NCDs worth Rs 800 crore on a private placement basis.
Sun Pharma: Approves issuance of NCDs worth Rs 10,000 crore.
EID Parry: Appoints Vijay Sivaraman as chief technology officer.
Goodluck India: Emerges as sole bidder for 155 mm shell supply to Munitions India.
Transport Corporation of India: Buyback opens on Oct. 15 and closes on Oct. 22.
Juniper Green Energy: Fully commissions 150 MW hybrid project. Operational capacity reaches 2,745 MWp and 603 MWh of BESS.
Power Grid: Acquires Lakadia C Power Transmission for Rs 19.9 crore and Jam Khambhaliya REZ Transmission for Rs 19.2 crore.
Panama Petrochem: CARE revises outlook on long-term bank facilities to Positive from Stable.
Board Meetings
Anlon Healthcare: To decide on fund-raising.
Corporate Actions
Ola Electric Mobility: To issue rights shares in a 2:25 ratio at a premium of Rs 17/share.
IPO Opening
HD Fire Protect: IPO to open from Oct. 13 to Oct. 15. Price band set at Rs 258-271.
HD Fire Protect is an Indian manufacturer and supplier of fire protection equipment and systems, offering water-, foam- and gas-based fire suppression solutions.
Financials (Rs crore)
ParticularsJun. 30, 2026Mar. 31, 2026Mar. 31, 2025Mar. 31, 2024Total income114.07505.12450.68392.02Profit after tax23.87116.79109.7287.92EBITDA29.73150.46138.01106.63Reserves and surplus309.93286.07302.59332.19
Earnings
ICICI Prudential Life Insurance Company
SS Retail
Transformers and Rectifiers (India)
Tata Elxsi
AGM/EGM
UltraTech Cement
India Cements
Bulk/Block Deals
Deepa Jewellers: QE Securities LLP sells 35,931 shares at Rs 252.93/share.
Jubilant Pharmova: Abakkus Four2Eight Opportunities Fund buys 11 lakh shares at Rs 915/share. Quant Mutual Fund sells 11 lakh shares at Rs 915/share.
Kanohar Electricals: HRTI Private Limited buys 69,203 shares at Rs 1,148.60/share.
Marsons: Prognosis Securities Pvt. Ltd. buys 1.59 lakh shares at Rs 131.76/share.
Natco Pharma: Nippon India Mutual Fund buys 12 lakh shares at Rs 31.99/share. Natsoft Information Systems Private Limited sells 12 lakh shares at Rs 32/share. Venkata Satya Swathi Kantamani sells 3.33 lakh shares at Rs 32.52/share. Bank of India Mutual Fund buys 3.26 lakh shares at Rs 32.50/share.
Ratnaveer Precision Engineering: Chungath Karunakaran Padma Kumar sells 5 lakh shares at Rs 331.90/share.
SBC Exports: Froxy International LLP buys 40.15 lakh shares at Rs 64.13/share. Desham Ventures Limited buys 9.63 lakh shares at Rs 63.98/share.
Jubilant Pharmova: Quant Mutual Fund sells 9.82 lakh shares at Rs 915.01/share.
Lenskart Solutions: Alpha Wave Ventures, LP sells 2.64 crore shares at Rs 645.31/share.
NorthernArc Capital: Axana Estates LLP buys 10.96 lakh shares at Rs 288/share.
Religare Enterprises: Motilal Oswal Mutual Fund sells 46.20 lakh shares at Rs 216.12/share. Dalmia Bharat Refractories Limited buys 36.64 lakh shares at Rs 216/share.
Shadowfax Technologies: Qualcomm Asia Pacific Pte Limited sells 57.13 lakh shares at Rs 275.30/share.
Insider Trading
Natco Pharma: Promoter and director V.C. Nannapaneni pledges 8.5 lakh shares.
Trading Tweaks
Price band change from 10% to 5%:
BN Agrochem
Morepen Laboratories
Short-Term ASM Framework:
Deepa Jewellers shortlisted for Stage I.
Excluded from ASM Framework:
Hero Motors
F&O Cues
Nifty October futures down 0.94% at 22,399.90, at a premium of 36 points.
Nifty options for Oct. 13 expiry: Maximum call open interest at 22,600; maximum put open interest at 22,600.
Securities in ban period: Ambuja Cements, Bandhan Bank, LIC Housing Finance, Kaynes Technology.
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