INDIA MARKET LENS

Markets news

Sensex and Nifty news from Indian share markets: the session, sector moves, institutional flows, commodities and the rupee.

Wednesday, 7 October 2026

Rupee undervalued, RBI governor says, even as he promises stability against dollar

The RBI will ensure that the rupee stabilises, that the rupee finds its correct value, while ensuring that there is no excessive volatility, Governor Sanjay Malhotra says.

Gold, equities or fixed income? Jainam’s Milan Parikh on the best bets for the next 12–18 months

The market relevance lies in how investors balance equity risk, precious metals and fixed income, but the supplied material gives no allocation conclusions.

Metal stocks to buy ahead of Q2 results: Nuvama picks Coal India, Tata Steel; Jindal Steel an underperformer |Here’s why

Metal stocks show mixed Q2 FY27 performance expectations. Coal India and Tata Steel are favored, while Jindal Steel may underperform. EBITDA per tonne for steel companies is…

COALINDIATATASTEELJINDALSTELQuarterly Results

‘Completely false, baseless’: Virat Kohli rejects ₹5 crore claim over Premanand Maharaj’s ashram visit

The response came after reports of an alleged ₹5-crore payment linked to Kohli’s first visit to Premanand Maharaj’s ashram gained traction on social media.

2 outlets

Jai Corp shares: ED attaches Alibaug land parcels worth Rs 336 crore; here's why

The attachment may increase legal and valuation uncertainty around Jai Corp, while any spillover to public sector lenders depends on disclosed fund exposure.

Infrastructure

Markets can be irrational in short term, rupee may be undervalued: RBI Guv

Malhotra said financial markets can be irrational in the short run and noted that measures including the REER suggest the rupee may be undervalued

Xiaomi Mijia Smart Air Purifier 4 Compact Review: The ideal budget air purifier?

With Diwali approaching, air pollution is expected to worsen in many Indian cities. Xiaomi's new Mijia Smart Air Purifier 4 Compact offers an affordable, smart solution for…

Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’

Dearer credit could test vehicle demand and dealer balance sheets, while input costs leave automakers less room to protect margins despite expected revenue growth.

2 outletsTATAMOTORSMARUTIASHOKLEYQuarterly Results

One MobiKwik Systems shares surge 35% in 3 sessions, up 10% today: Should you buy after recent rally? Experts decode

One Mobikwik Systems stock surged 10% to ₹265.90 on the BSE after rallying 20% in the previous session. Overall, the stock has gained 35.5% in the last three sessions.

Small-cap stock under ₹50: IT share jumps 14% despite volatility in Sensex, Nifty 50

Small-cap stock under ₹50: The IT stock opened at ₹20.35 per share on NSE, as compared to previous close of ₹20.01 on Tuesday and touched an intraday high of ₹22.87 on 7 October.

14,677% returns in 5 years! Cupid share price zooms 228% YTD, hits new high

In the past year, Cupid's stock price zoomed 701 per cent against a 4.6 per cent fall in the Nifty 500 index.

Air Power And International Camaraderie In Action: Indian Air Force Shares Tarang Shakti Exercise Video

The Ministry of Defence stated that the exercise is designed to promote interoperability, exchange operational expertise and enable participating air forces to train together.

Defence

Indian rupee FX premiums jump after RBI policy leaves traders bracing for more sell/buy swaps

On Wednesday, after the Reserve Bank of India's policy meeting, dollar-rupee forward premiums soared, marking the highest implied 1-year dollar/rupee forward premium seen in six…

Monetary Policy

'Ready to Serve India When India Is Ready': Starlink Official Says User Data Will Stay Within India

Starlink has already made investments in India and established infrastructure as it prepares to begin operations, according to Dreyer.

Infrastructure

This Penny Stock Under Rs 30 Jumps Over 6% After Company's US Arm Gets Order From IBM Cloud

The shares pared some gains to trade 5.85% higher at Rs 20.96 apiece on the NSE, as against a 0.74% decline in the benchmark Nifty index.

JSW Infra Shares Slide Over 3% After Rating Downgrade From HSBC To 'Reduce'

The partial recovery suggests investors treated the brokerage downgrade cautiously, limiting immediate spillover to the broader ports and logistics segment.

Credit Ratings

Why India could become a global hub for responsible digital assets innovation

India could emerge as a global hub for responsible digital asset innovation by combining its strong technology talent, blockchain expertise and digital infrastructure. The…

2 outletsInfrastructure

Vvan - Force of the Forrest Box Office Collection Day 12: Sidharth Malhotra Starrer Gets A Midweek Boost

A sustained rise in attendance could support exhibitors and film distributors, but missing collection and occupancy data leaves the market impact difficult to assess.

Penny stock under ₹10 hits 5% upper circuit after this fundraising update | Do you own?

The market response reflects expectations that fresh capital could extend Elitecon International’s FY26 momentum, although deal terms will determine dilution and balance sheet…

Quarterly Results

Sensex, Nifty trim losses as RBI hikes rate for first time in nearly four years; what's ahead

The partial recovery suggests investors absorbed the initial shock, but tighter funding conditions may keep rate sensitive sectors and market valuations under scrutiny.

2 outlets

Kanohar soars 20% on huge volumes; what's driving newly listed stock?

The sharp rerating may lift sentiment toward recent listings and electrical equipment shares, though the absence of a stated catalyst raises sustainability questions.

Air India-Singapore Airlines deal: More flights, easier bookings from Oct 15; what travellers get

The partnership may lift travel activity across aviation, airports and tourism, although its significance depends on route coverage and passenger uptake.

How RBI MPC 25 bps outcome impacted rate-sensitive sectors, Nifty Bank, Financial Services, Nifty Auto? Where to invest?

The policy shift may favour lenders able to reprice assets, while financing dependent auto and property demand faces greater pressure.

Monetary Policy

PNB, Kotak Mahindra Bank, other bank stocks rise up to 2% after RBI’s rate hike, Nifty Bank above 55,500

The positive response suggests asset repricing may offset higher funding costs, though margins and credit demand will determine whether the move endures.

2 outletsKOTAKBANKCANBKMonetary Policy

No rate cuts in future? Only rate hike or pause? What RBI Governor Sanjay Malhotra said; what it means for Sensex, Nifty

A firmer policy stance may pressure rate sensitive shares, while index direction will hinge on funding cost transmission and RBI guidance.

Monetary Policy

Bond yields rise to 7.27%, rupee declines as RBI hikes rates by 25 bps

The policy move may tighten financial conditions, pressuring rate sensitive equities even as higher yields reshape earnings and valuation risks across lenders and bondholders.

Multiple Tata Trusts Move To Protect Hearing Rights, Filing 84 Caveats Before Charity Commissioner

The caveats may limit surprise procedural outcomes, but market relevance depends on whether the proceedings affect governance across the Tata group.

Insurance Q2 Results Preview: PL Capital Sees Healthy Growth; Max Financial Remains Top Pick

Healthy insurer earnings may support sentiment, but sustained valuation recovery could depend on regulatory uncertainty easing after recent financial services underperformance.

Quarterly Results

Q2 Results Preview: Nifty 50 Earnings May Jump 27%; Financials, Metals, Telecom To Lead, Says Motilal Oswal

Strong profit growth could support index valuations, but margins, overseas flows and global rates will determine whether the earnings improvement translates into broader market…

3 outletsMOTILALOFSQuarterly Results

Satin Creditcare Network shares gain 4% after Q2 business update; AUM rises 31% YoY

Stronger loan growth, lower borrowing costs and improved asset quality may support sentiment towards microfinance lenders, though profitability remains unconfirmed.

2 outletsQuarterly Results