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As many as 18 stocks will trade ex-date in the week starting October 19, 2026. These companies announced various corporate actions, including interim dividends, stock splits, a share buyback, and a bonus issue. Investors should track these ex-dates to check their eligibility for benefits from firms like Tech Mahindra and others.
Urban Company reported a net loss of ₹182.5 crore for Q2 FY27, even as revenue grew 41.4% to ₹537.3 crore. The company said its core business continued growth momentum. To support future plans, the board approved a fundraise of up to ₹2,500 crore through equity and various convertible securities.
Federal Bank on Friday appointed Rajesh Varrier as an independent director on its board for three years. The bank also reported a 45% rise in net profit to Rs 1,386 crore for the September quarter. Chief executive KVS Manian said, "We are growing faster while keeping the quality intact."
The rupee rose 7 paise to close at 94.92 against the U.S. dollar on Friday, October 16, 2026. RBI intervention helped the currency, but many forex traders said that elevated crude oil prices and foreign fund outflows capped gains. The rupee stayed on upward momentum for the sixth straight session.
Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore. The company saw its assets under management grow 25% to Rs 1.58 lakh crore by September 30, 2026. Net interest income also rose 10% as the firm kept its asset quality stable during the period.
US producer prices rose the most in 4-1/2 years in September, marking the highest American inflation since COVID. Experts said, “Both US inflation and the US PPI data are negative for the US economy.” Despite this, Indian markets remain steady as investors already discounted the upcoming US Fed rate hike.
Nifty crossed 23,100 in mid-session trade on Friday as IT stocks powered the rally. Tech Mahindra surged 8.04 per cent, leading the gains for the sector. While telecom and auto stocks also helped, aviation and FMCG shares fell. Overall, 2,324 stocks advanced while 1,810 stocks saw a drop in value.
Vedanta Power and Cupid were among the top five smallcap stocks that saw the highest mutual fund buying in September. According to a Motilal Oswal Financial Services report, Cupid topped the list with a value change of Rs 386.4 billion. Many investors also showed interest in Bharat Coking and Godawari.
The market saw mixed trends this week as the rupee found support and the AI trade faced a global sell-off. Finance Minister Nirmala Sitharaman said she is open to hearing views on tax changes. Meanwhile, Indian IT stocks rallied on strong Q2 results from TCS, HCLTech and Tech Mahindra.
South Indian Bank expects FY27 credit growth of 16-17%, beating its prior guidance. Managing Director Mahesh Muralidhar Pai said, "We have already exceeded that on the credit side." The lender sees stable asset quality and improved profitability ahead. It also mobilised $239 million in FCNR deposits to support this healthy demand.
Angel One announced a second interim dividend of ₹1.40 per share for the financial year 2026-27. The company said the record date for this payout is Thursday, October 22, 2026. Along with this, the firm reported stable revenue and strong growth in its client funding book during the second quarter.
Welspun Corp shares surged 230% YTD, hitting an intraday high of ₹2,630.10 on Friday, 16 October. Experts said the company has strong fundamentals, but valuations now look stretched. Ravi Singh noted, "Fresh investors should avoid chasing the rally and wait for a meaningful correction towards ₹2,015," before buying this multibagger stock.