Nifty 50 opens from 22622.7 after a 0.44% decline

The session

Where the market stands

Key drivers

Market breadth

Currency, commodities & rates

Currency, commodities and rates

• USD/INR: 95.14, rupee firmer by 0.66% on the session
• India VIX: 14.65 (+3.8%)
• Gold (rupee terms): -1.06% on the session, -1.1% over five sessions

Key drivers

Markets

• Stock Market Live Highlights: Sensex Drops 226 Points, Nifty 50 Below 22,650; Infosys, TCS Jump; Shriram Fin, HDFC Life Top Losers. Stock Market Live Highlights: Among sectors, losses were seen in Nifty Pharma, Nifty Metals, Nifty Auto, Nifty Realty and Nifty Private Bank indices, while Nifty IT, Nifty FMCG, Nifty Oil & Gas and Nifty Media indices ended in the green. (NDTV Profit)
• TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?. Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 points in two sessions to cross 30,000, its first move above the mark in nearly a month. (Economic Times Markets)
• Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and Wipro. Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The Nifty 50 declined, testing the support zone of 22,580-22,620, which might weaken with repeated tests. (Economic Times Markets)
• 5 years, no returns: Are these 9 Nifty bluechip stocks finally ready for a turnaround?. Investors are witnessing notable losses in well-known blue-chip stocks such as TCS, Infosys, and Hindustan Unilever. These major players are encountering significant hurdles affecting their market position. (Economic Times Markets)

Read more Stock Market Live Highlights: Sensex Drops 226 Points, Nifty 50 Below 22,650; Infosys, TCS Jump; Shriram Fin, HDFC Life Top Losers · TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally? · Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and Wipro · 5 years, no returns: Are these 9 Nifty bluechip stocks finally ready for a turnaround?

Economy & policy

Economy and policy

• India bonds sink deeper on RBI commentary, inflation concerns. Indian government bonds are currently facing notable losses, pushing the 10-year yield to its highest since March 2023. This downturn comes in the wake of hawkish remarks from Reserve Bank of India Governor Sanjay Malhotra about financial stability. (Economic Times Markets)
• Sebi confirms Rajesh Exports curbs, flags incomplete information in probe. Rajesh Mehta remains barred from dealing in Rajesh Exports securities as Sebi examines financial disclosures, subsidiary consolidation and alleged related-party fund routing. (Business Standard Mkts)
• Sebi proposes market cap-based SME listing norms, lower application size. Sebi proposes halving the minimum SME IPO application value to Rs 1 lakh, raising the operating profit threshold and easing offer-for-sale restrictions for institutional investors (Business Standard Mkts)
• Indian equities jump 1.6% as FM's STT remarks spark hopes of tax review. Indian equities surged 1.6% on Tuesday, marking the largest single-day gain in over two months. This increase followed remarks by finance minister Nirmala Sitharaman regarding potential changes to transaction taxes. (Economic Times Markets)

Read more India bonds sink deeper on RBI commentary, inflation concerns · Sebi confirms Rajesh Exports curbs, flags incomplete information in probe · Sebi proposes market cap-based SME listing norms, lower application size · Indian equities jump 1.6% as FM's STT remarks spark hopes of tax review

Companies

• 10 Nifty500 stocks that have fallen up to 58% in a year. Ten Nifty 500 stocks have fallen between 47% and 58% over the past year, significantly underperforming the broader market. (Economic Times Markets)
• Groww Q2 Results: Cons net profit surges 54% YoY to Rs 726 crore; revenue jumps 47%. Groww Q2 Results: The company’s revenue from operations came in at Rs 1,501 crore, marking a 47% increase from Rs 1,019 crore posted in the corresponding quarter of the previous financial year. (ET Stocks)
• IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?. IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. (Economic Times Markets)
• Q2 2026 quarterly results today LIVE updates: BHEL, Groww, Canara Bank, CEAT, RIIL, MRPL, Tata Tech, HDB Fin, others. Q2 2026 quarterly results today LIVE: The BSE’s results calendar lists 26 companies for Q2 earnings announcements on 14 Oct 2026. (LiveMint Markets)

Read more 10 Nifty500 stocks that have fallen up to 58% in a year · Groww Q2 Results: Cons net profit surges 54% YoY to Rs 726 crore; revenue jumps 47% · IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead? · Q2 2026 quarterly results today LIVE updates: BHEL, Groww, Canara Bank, CEAT, RIIL, MRPL, Tata Tech, HDB Fin, others

Companies

New issues

• Jio Platforms IPO: Price band announced at Rs 1,065-1,119; set to become India's biggest public issue. At the upper end of the price band, Jio Platforms' Rs 30,213 crore public issue will surpass Hyundai Motor India's Rs 27,870 crore offering in 2024 (Business Today Mkts)
• Reliance Jio IPO RHP filing likely today; latest GMP jumps to ₹219 - check expected share price band, size, valuation. Jio Platforms IPO RHP filing likely today; latest GMP jumps to ₹219 - check expected share price band, size, valuation (LiveMint Markets)
• A Jigsaw Puzzle: Why Reliance Jio's IPO buzz isn’t saving RIL stock from a painful year?. Reliance Industries is gearing up for the highly anticipated Jio Platforms IPO, which is expected to generate significant capital. Despite this, recent declines in RIL shares reveal a cautious mood among investors about potential future gains. (Economic Times Markets)
• Tonbo Imaging India IPO GMP Today: Grey Market Premium At Rs 490, Listing Gains Estimated At 70%. Tonbo Imaging India IPO: At the upper end of the price band of Rs 700 per share, the latest grey market premium points to an estimated listing price of Rs 1,190 per share. (NDTV Profit)

Read more Jio Platforms IPO: Price band announced at Rs 1,065-1,119; set to become India's biggest public issue · Reliance Jio IPO RHP filing likely today; latest GMP jumps to ₹219 - check expected share price band, size, valuation · A Jigsaw Puzzle: Why Reliance Jio's IPO buzz isn’t saving RIL stock from a painful year? · Tonbo Imaging India IPO GMP Today: Grey Market Premium At Rs 490, Listing Gains Estimated At 70%

Currency, commodities & rates

World

• Gold price headed for Rs 1.50 lakh per 10 grams? All eyes on US inflation, Fed cues. In the international market, gold futures were trading at $4,186.57 per ounce, up 0.22%. Silver futures, however, were down 0.11% at $59.463 per ounce. (Business Today Mkts)
• Global Market: IMF urges governments to cut spending, reduce debt as borrowing costs rise. The IMF has urged governments worldwide to rein in spending, narrow budget deficits and reduce debt as global public debt approaches 100% of GDP. (Economic Times Markets)
• Dollar languishes as focus turns to CPI, Fed speakers. The dollar declined as traders awaited new information on the timing for interest rate increases. Investors reevaluated the recent rally fueled by artificial intelligence developments and easing oil prices. (Economic Times Markets)
• Nuclear Weapons Race: Russia Leads US; How Many Warheads Do India, Pakistan And Israel Have?. Russia has an estimated 1,796 deployed nuclear warheads, the highest number in the world as of January 2026, SIPRI reported. (NDTV Profit)

Read more Gold price headed for Rs 1.50 lakh per 10 grams? All eyes on US inflation, Fed cues · Global Market: IMF urges governments to cut spending, reduce debt as borrowing costs rise · Dollar languishes as focus turns to CPI, Fed speakers · Nuclear Weapons Race: Russia Leads US; How Many Warheads Do India, Pakistan And Israel Have?

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