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Avaana Capital’s Anjali Bansal said Indian deeptech must turn intellectual property into industrial scale. She pointed to Skyroot’s rocket launch and SEDEMAC’s IPO as signs of growth. “These companies demonstrate the potential to build frontier technologies in India for markets around the world,” she said, highlighting six key sectors for future success.
The Reserve Bank of India on Wednesday raised the policy repo rate by 25 basis points to 5.5 per cent. This move shifts the stance to calibrated tightening. RBI governor Sanjay Malhotra said, "Rate cuts are off the table in the near term." Borrowers now face higher home loan EMIs.
The Reserve Bank of India expects bank credit growth to moderate from its current 18 percent level after the latest rate hike. Deputy governor Swaminathan J said, "Some moderation will occur relating to demand as well as the rate hike together." Still, officials believe the pace remains strong enough to support growth.
Brookfield Asset Management said it committed ₹4,300 crore to acquire eight industrial parks from ESR India. The 400-acre portfolio spans Mumbai, Pune, Delhi-NCR, Chennai and Calcutta, with 98 per cent of space already leased. Ankur Gupta said, "Our market-leading presence provides a strong foundation to deepen our real estate footprint."
The GST Council holds its 57th meeting on October 8, keeping pharma and telecom sectors in focus. TCS will announce second-quarter results this Thursday. Meanwhile, Jubilant FoodWorks reported 11.9 per cent revenue growth, and Senco Gold saw sales rise 31 per cent. Vedanta will also consider its first interim dividend today.
Polycab, Tata Power, Tata Steel, Airtel, and Ola Electric are in focus today. The NCLT admitted an insolvency petition against Polycab for Rs 2.79 crore. Tata Power partnered with Ocean Sun for floating solar, while Tata Steel reported higher production. Airtel raised postpaid tariffs by Rs 50 starting October 8, 2026.
Nityas Gems & Jewellery shares will list on the BSE and NSE on Thursday, October 8. The IPO, priced at Rs 70-75 per share, got subscribed 2.26 times. Ahead of the debut, the grey market premium showed a muted start, with shares commanding a premium of just 1% over the price.
The BSE Sensex and NSE Nifty 50 snapped their two-day winning streak on Wednesday after the RBI hiked the repo rate. The Sensex fell 429.11 points to 72,638.70, while the Nifty 50 fell 173.05 points to 22,603.05. Many companies also shared business updates, showing growth in revenue and store counts.
Foreign portfolio investors sold Rs 21,745 crore in Indian equities during the second half of September. Financial stocks led the outflows at Rs 6,943 crore, while oil, gas, and auto sectors also saw heavy selling. Experts said the trend reflects profit-taking and portfolio rebalancing as investors focus on current valuations.
MSCI’s Asia Pacific index for equities slipped 0.3% as Asian stocks fell on inflation concerns. Markets in Japan and South Korea dropped while oil prices gained. David Russell at TradeStation said, “Another rate hike is probably coming this year because current policy isn’t very restrictive.” Technology shares also faced renewed pressure.
Raja Venkatraman shared his market outlook for 8 October as stocks showed mixed results. Kotak Bank and Bharti Airtel performed well, while Titan and Adani Enterprises fell. The rupee weakened to ₹96.77 per dollar. He noted that markets remain fragile and range-bound, advising investors to watch key resistance levels carefully.
The Cboe Volatility Index is near its lowest levels this year, while the bond market’s MOVE Index has risen nearly 43%. Stocks hit a record high of 7818.93 points on Tuesday. Henry Allen said the indexes reflect “two fundamentally different worlds,” as equities ignore rising bond yields and inflation risks.
Godrej Properties, Tata Power, and Senco Gold are in focus on 08 October. Senco Gold reported a 31 percent revenue growth, while Jubilant Foodworks saw consolidated revenue rise 11.9 percent. Meanwhile, Tata Power partnered with Ocean Sun for a floating solar project, and TD Power Systems launched a QIP issue.