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Drishyam 3: The Conclusion crossed the Rs 100 crore mark in India on its second day. The Ajay Devgn starrer collected Rs 39.84 crore net on Saturday across 14,657 shows. The film continues its strong run after a massive opening, with total India net collections reaching Rs 101.84 crore so far.
Jefferies released an India utilities outlook on 7 October 2026 following the Reserve Bank of India’s 25 basis point rate hike. The bank said, “Power companies have some protection against hikes between regulated equity, fixed rate loans and lower rate hike pass through.” Seven stocks now show up to 53% upside.
On October 7, three Nifty500 stocks including PTC Industries showed a White Marubozu pattern after gaining over 6%. This bullish candlestick signal appeared on StockEdge’s technical scanner. It showed strong upward price movement during the session, as the opening price stayed at the lowest point and the closing price hit high.
Jefferies named ICICI Bank, SBI, and Axis Bank as top picks as rising interest rates could boost bank earnings. Analysts Prakhar Sharma and Vinayak Agarwal said the Reserve Bank of India’s shift to “calibrated tightening” means rates may rise by 75–100 basis points, helping banks with many policy-linked loans.
Tata Consultancy Services will announce its financial results for the quarter ending 30 September, 2026, today, 8 October, after market hours. Analysts expect modest growth despite global challenges. Seema Srivastava said, “Integrating these operational strengths with broader global tech cues confirms TCS as a compelling long-term wealth creator.” Investors await updates.
Emerging-market stocks halted their advance as Middle-East tensions boosted oil prices. The MSCI gauge for EM stocks fell 1% on Wednesday, while South Korea’s Kospi Index slipped 2%. Bassel Khatoun said, “Many EM companies play an important role in building the technology that supports AI,” keeping some investors feeling hopeful.
Nityas Gems & Jewellery and Vishal Nirmiti make their stock market debut today, Oct. 8, 2026. Nityas Gems shows a stronger grey-market premium of 1.33% with an estimated listing price of Rs 76. Vishal Nirmiti follows with a 0.91% premium. Both companies got many bids during their subscription period last week.
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.