INDIA MARKET LENS

Markets news

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

Tuesday, 6 October 2026

Newly-listed Steamhouse India shares hit 10% circuit after Q1 net profit rises 80% to Rs 18 crore

The sharp margin expansion may support sentiment towards Steamhouse India, but sustained operating performance will be needed to validate the post results revaluation.

3 outletsQuarterly Results

How Jefferies is reshuffling its portfolio as soaring bond yields give Nifty bulls sleepless nights

Jefferies' shift suggests elevated yields may favour large, liquid companies with less demanding valuations, while earnings delivery remains critical to sustaining the rotation.

2 outletsKOTAKBANKRELIANCEQuarterly Results

Rs 17,540 crore added to Trent mcap, but Citi stays bearish. Why Morgan Stanley disagrees

Trent’s rally reflects confidence in Zudio’s expansion, but the brokerage divide puts margins and store productivity at the centre of the valuation debate.

2 outletsQuarterly Results

After ₹424 crore box office run, 'Hanuman Ansh' to release in Telugu on Oct 9

The Telugu expansion may extend cinema revenues, but its listed market impact depends on screen allocation, audience turnout and the durability of collections.

Lupin launches fixed-dose triple-combination inhaler for COPD in India

Formoflo-G MDI combines three established therapies in a twice-daily inhaler after DCGI approval, targeting India's large COPD patient pool

NSE vs BSE shares: NSE falls 1.4% in a week but BSE gains 2%; what lies ahead? Support, target price, rationale

Since its IPO, NSE shares have declined below their listing price, contrasting with BSE's gains. Analysts expect NSE to recover due to its market dominance, although concerns over…

IPO & Listings

BHEL share price rallies 5%, hits new high; what's driving PSU stock?

In the past six months, the stock price of BHEL outperformed the market by surging 82% as compared to a 2% decline in the BSE Sensex.

Steamhouse India Stock Jumps 10% On 80% YoY Rise In Q1 Net Profit, Improvement In Margin

Steamhouse India reported a consolidated profit after tax of Rs 183.42 million for the quarter ended June 30, 2026, compared with Rs 140.96 million in the March quarter.

Quarterly Results

Explained: How RBI rate hike may impact Sensex, Nifty after 8-week losing streak

A priced in RBI increase may leave earnings and balance sheet quality, rather than policy alone, as the main drivers of Indian equities.

2 outletsQuarterly Results

Private bank stocks rally up to 4% day ahead of RBI MPC Oct meet outcome

The rally suggests traders are positioning private lenders for a supportive RBI signal, with margins, funding costs and credit demand in focus.

Acme Universal Safezone 9 debuts 42% premium on BSE SME; Pind Hospitality opens at 20% discount. Check details

Three SME IPOs — Pind Hospitality, Acme Universal Safezone 9 and Shivchem Agro — made their debut on the BSE SME platform on October 6. Together, the companies raised nearly Rs 68…

2 outlets

Vedanta vs Vedanta Iron and Steel vs Vedanta Aluminium Metal vs Hindustan Zinc: Which stock to buy and why | Target, SL

Divergent production trends may widen valuation gaps across Vedanta’s metals businesses, but the supplied disclosures do not support stock selection, targets or stop losses.

VEDLQuarterly Results

Adani Power gains 2% after signing pact for 770-MW hydropower project in Bhutan

Adani Power shares gained 2% after the company signed a pact with Bhutan’s Druk Green Power Corporation to develop the 770-MW Chamkharchhu hydropower project. The ₹project will be…

4 outlets

Rentomojo shares rally 6% after Q1 revenue rises 51%, normalised PAT grows 72% YoY

The results may strengthen confidence in Rentomojo’s operating leverage, though incomplete profit and margin disclosures leave the quality and durability of growth untested.

2 outletsQuarterly Results

Kotak, Axis, IndusInd Bank shares: Q2 business updates trigger sharp moves- How stocks reacted; key data details to know

Shares of Kotak Mahindra Bank, Axis Bank, and IndusInd Bank rose on October 6 after positive business updates for Q3. Advances and deposits showed healthy growth, though…

2 outletsINDUSINDBKKOTAKBANKAXISBANKQuarterly Results

Q1 results impact: Rentomojo shares jump 6% on first earnings post-listing

Rentomojo shares made a strong debut on the bourses last month. Its shares were listed at ₹482 on the NSE, up 19.42 per cent from the issue price of ₹404.

Quarterly Results

Capital markets related stocks in demand: BSE, MOFSL, Groww jump up to 3%

Shares of capital market-related stocks were in demand on Tuesday amid reports that SEBI is likely to exclude derivatives from the Closing Auction Session (CAS) for at least a…

ESDS Software Solution shares hit lower circuit for seventh day | Key triggers behind the sell-off

ESDS Software Solution shares fell 5% for the seventh session, totaling an 18.55% decline this week. The recent expiry of a lock-in period permits trading of 3 million shares…

IPO & Listings

What actually makes a stock 'cheap'? With markets under pressure, analysts share how investors can identify real value

The Indian equity markets are currently under strain from a variety of economic challenges that are dampening investor enthusiasm. Experts caution that just because a stock has a…

2 outletsInfrastructure

SRIT India shares make positive debut, list at nearly 14% premium

SRIT India shares listed 13.85 per cent higher at ₹148 on NSE and 7.54 per cent higher at ₹139.80 on NSE.

2 outlets

Ola, Uber, Rapido must transition to 100% EV fleets by July 2027 in Maharashtra

Under the plan, aggregators currently operating petrol-powered bike taxis have six months in the first phase to comply with the electric vehicle mandate.

Energy Transition

Tata Sons Listing Row: SDTT Trustees Call Out Venu, Vijay For 'Undermining' Board Resolutions

SDTT trustees have accused Venu Srinavasan and Vijay Singh of "breaching fiduciary duties", marking a significant escalation in the internal friction within Tata Trusts.

Cement Stocks In Focus Ahead Of Q2 Results: Outlook Positive Despite Margin Pressure, Says Axis Securities

Current stock price corrections in large and mid-cap cement names offer an attractive medium-term entry, believes Axis Securities, hence companies with green energy and domestic…

Quarterly Results

Covid-era bargains in largecaps, bull market valuations in smallcaps: Where is the real opportunity in stocks?

Indian equities are split sharply between largecaps and smaller stocks. The Nifty is down 14% in 2026, while midcaps have fallen just 2%, smallcaps have gained 8% and microcaps…

2 outletsQuarterly Results

Last line of defence! How 7 Nifty stocks survived the market’s two-month bloodbath

In an unprecedented downturn, the Nifty has faced its longest losing streak in 25 years, sliding for over eight weeks as foreign investors withdrew significant funds from Indian…

2 outletsKOTAKBANKDRREDDYDefence

Sensex rises over 100 points, Nifty above 22,600 as market extends gains. Why caution is warranted

Indian equities extended their recovery for a second session, with Sensex and Nifty posting modest gains amid improved investor sentiment. Trent surged nearly 9% following a…

3 outletsNTPCInstitutional Flows

Trent rallies 10% after Q2 business update, m-cap tops ₹1.5 trillion

Trent's stock opened at ₹2,800 on the BSE and soon hit the 10 per cent upper price band of ₹2,832.50, which pushed its market capitalisation past the ₹1.5 trillion mark.

Quarterly Results

Nifty Expiry Today Prediction 6 Oct: Where is the index headed? Key support, resistance, and trading strategy

The Nifty index shows signs of recovery after heavy selling, supported by improved global cues and easing crude oil concerns. However, key resistance levels at 22,700-22,750…

PM Modi’s ‘cheesy’ gift to Swiss president: Why he gifted 3 Indian cheeses?

The selection included cheeses inspired by European styles but made with an Indian identity. The exchange took place during Parmelin’s three-day state visit to India.

Trent shares hit 10% upper circuit post Q2 business update, HSBC sees 32% upside

In the current session, Trent stock rose 10% to 2832.50. Market cap of the firm stood at Rs 1.51 lakh crore.

Quarterly Results