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Sensex today | Stock Market Live: Stock to buy today: PNB Housing Finance (1,150)
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for PNB Housing Finance. The 5 per cent rise this week gives an early sign that the corrective fall that has been in place since late August is coming to an end. There is resistance at 1,160. But the stock can breach this hurdle. Such a break can take PNB Housing Finance share price can rise to 1,250-1,270 in the coming weeks
BoE to put barn owls, bees on future notes
The Bank of England is embracing a new approach by swapping out renowned Britons on banknotes for images of local wildlife like barn owls, bumblebees, and hedgehogs. This initiative follows a public consultation with around 500,000 participants voting on animal preferences. Despite a decline in cash transactions amid the COVID-19 pandemic, some Britons are eager for a return to cash usage, keeping this change timely and relevant.
Vedanta announces Rs 5 per share dividend, sets October 14 as record date
Vedanta has announced a dividend of 5 per share for the current fiscal, which will amount to a total payout of 1,955 crore from the company. Record date for the dividend is October 14. This is the first dividend announced by the company this fiscal, and effectively, the first after its mega demerger in June.
India plans Exim Bank credit lines to rescue solar exports after US tariff blow
New Delhi will offer credit lines to African and Latin American nations to help domestic manufacturers find new buyers as steep US tariffs stall exports and trigger a factory capacity glut, new and renewable energy secretary Santosh Kumar Sarangi told Mint.
India overhauls medical device safety rules, expands digital surveillance
New guidelines widen monitoring of AI-enabled devices, software glitches and cybersecurity risks while extending reporting to primary health centres.
Stocks in news: TCS, ITC, Infosys, Cochin Shipyard and RIL
On Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its April 2026 low, suggesting ongoing vulnerabilities. In a positive twist, TCS announced a notable 15% rise in its consolidated net profit for the second quarter. Meanwhile, ITC engaged in a substantial block trade, while shares of Infosys and Wipro faced declines during US market hours.
GQG Partners trims stake in ITC to Rs 9,395 crore amidst broader market sell-off in 2026
GQG Partners has recently executed a block deal, offloading ITC shares worth approximately 9,395 crore. The firm has also downplayed its presence in several Adani Group enterprises this year, while simultaneously ramping up investments in JSW Energy and JSW Steel during the June quarter. In total, GQG has scaled back investments worth around 24,400 crore across various Indian firms since early 2026, continuing to oversee assets exceeding $156 billion.
SEBI has introduced a new mutual fund-like Credit Risk-o-Meter to help investors understand the credit risk of corporate bonds and other debt instruments. The meter classifies them into six credit-risk levels, ranging from the lowest to very high risk of default. Heres what investors should know.
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh
US stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including the S
Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yields
US equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI's revenue performance. The Nasdaq 100 and S&P 500 saw declines as the yield on the 10-year Treasury rose. Additionally, increased oil prices and energy supply fears contributed to market pressure. Federal Reserve comments indicated potential for further interest rate increases, impacting credit sectors. A rise in economic-policy uncertainty reflects growing concerns among investors amid upcoming election dynamics.
Surging bond yields likely to slash banks' treasury income
Banks are expected to report a nearly 60% decline in treasury income for the July-September quarter. Analysts predict treasury gains to decrease from 13,100 crore last year to 5,500 crore this year. Rising government bond yields have negatively impacted investment portfolios, leading to lower gains. Public sector banks will feel a more pronounced effect due to their larger government securities portfolios.
US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand
In the U.S., the 30-year fixed-rate mortgage has surged to 7.40%, fueled by rising inflation that has also driven up energy costs and Treasury yields. With midterm elections looming, the housing market is grappling with affordability challenges. Homeowners are reluctant to sell due to these higher mortgage rates. While home prices remain high, experts forewarn of a potential market stall rather than a significant downturn.
Several diversified equity funds have delivered negative returns so far in 2026, but the picture changes sharply over longer periods. Heres a look at funds in the red on a YTD, three-year and five-year basis, and what investors should consider.
Donald Trump invested over $1 million in stocks of several major companies during August. Notable purchases included Meta Platforms, McDonald's, Microsoft, and space-related debt from SpaceX. His investment activities encompass trading in shares of Nvidia and Advanced Micro Devices, key players in the AI sector. Trump's financial dealings during his presidency have raised concerns about potential conflicts of interest.
The complainant bought a Kia Sonet HTX Diesel in March 2022 for around 13.69 lakh, including on-road costs. He later purchased an extended warranty that remained valid until March 2027.
Personal loans are growing much faster than home loans, but home finance remains the much larger credit category. Consumer durable and two-wheeler loans are also expanding. Heres what the latest credit trends reveal about how Indians are borrowing and what consumers should watch.
TDS and TCS compliance has moved to an online filing setup from Tax Year 2026-27 onwards, changing how deductors submit quarterly statements. The process brings fresh forms, a separate compliance environment, and updated filing steps. Heres what deductors need to know.
Higher interest rates could push up EMIs on floating-rate home loans for NRIs.
MRPL, ONGC and OPaL form new petrochemicals marketing joint venture
The new entity will oversee branding, pricing, distribution, logistics, customer management and sales planning for the groups downstream products
The RBIs 25-bps repo rate hike has reshaped the outlook for debt-fund investors as bond yields rise and markets assess further rate moves. Heres what investors should consider based on their 3-month, 12-month and 18-month investment horizons.
Income Tax Dept. appeals against tax relief favouring Dr Lal PathLabs; stock falls 2.4%
The tax dispute follows an assessment order in April 2024 and an appellate ruling in July 2026 favouring the company
Nifty hits intra-day high on open for the sixth time in 2026
This is the sixth such instance in 2026. The market opening-at-day-high occurred six times in 2023. In 2025 it happened five times, and in 2024 three times
Infosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCSs quarterly results and fresh US immigration restrictions. Concerns over technology spending, AI disruption and tighter employment-based immigration added pressure to Indian IT stocks.
PM Modi Outlines Vision For India's Communications Sector
Prime Minister Narendra Modi, at the India Mobile Congress (IMC) 2026, articulated a vision for India's communications sector, emphasizing a global framework to combat cyber frauds and deepfakes. He called for India to become a hub for innovation and product development for the world. Industry leaders lauded his vision, highlighting India's robust digital infrastructure and its journey towards becoming a global technology leader, with a focus on trust, security, and responsible innovation.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore.
Markets tumble to 18-month low as US-Iran tensions lift crude oil
Nifty slides 1.64% as rising crude prices, higher US Treasury yields and geopolitical tensions trigger broad-based selling
Market Trading Guide: Deepa Jewellers among 2 stock recommendations for Friday
Indian markets remained under pressure as hawkish RBI policy, persistent FII outflows, rising bond yields and rupee weakness weighed on sentiment. Amid the sell-off, analysts identified Brooks Laboratories and Deepa Jewellers as medium-term opportunities based on bullish technical breakouts.
India, Singapore explore 3,000-km power transmission corridor via Southeast Asia
The proposed 2,000 MW interconnection could link Imphal with Singapore through Myanmar, Thailand and Malaysia, boosting cross-border electricity trade and regional energy security.
The forum was held under the theme 'Anchoring Maritime Decarbonisation' and saw participation from representatives of 62 Hydrogen Council member companies.
Tata Power on battery storage, pumped hydro and Indias energy future | Energonomics Podcast
How Tata Power built a 12 GW clean energy portfolio.
India is considering delaying a 0.4% merchant discount rate on UPI transactions above 2,000 until January 2027. The postponement would give payment companies time to update systems and merchants time to prepare. Person-to-person payments and smaller merchant transactions would remain free.
Opened a demat account for your minor child? Know how investment income is taxed and reported in ITR
Opening a demat account for your minor child can raise questions about who pays tax on the income and where it should be reported. From clubbing rules and capital gains to ITR schedules and exemptions, heres what parents need to know before filing.
GQG Partners entities sell 2.91% stake in ITC for 9,395 cr in block deal
GQG Partners entities sold 36.5 crore ITC shares worth 9,395.4 crore in a block deal on the BSE, with mutual funds among the buyers, as the stock fell 4.03% on Thursday
Centre plans 30% trade-margin cap on non-scheduled cancer drugs
The proposed cap could cut retail prices by up to 70%, with the government moving ahead of a broader crackdown on steep mark-ups in cancer medicines.
AI Can Boost Developing Nations: World Bank
A World Bank report, 'The Promise of Artificial Intelligence', states that AI presents a historic opportunity for low- and middle-income countries to overcome development challenges, despite many being unprepared. It advises these nations to adopt and adapt existing AI tools rather than focusing on building frontier models immediately. The report also notes a significant gap in AI adoption and job automation between high-income and developing countries.
Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this year
ITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds bought stakes. The transaction comes as ITC shares remain under pressure from taxation concerns and weak volume recovery.
Fintech stocks decline as MDR on UPI likely to be deferred to January 1
Shares of Paytm, MobiKwik and Pine Labs declined amid reports that the proposed UPI merchant discount rate could be deferred to January 2027 from October 15
US stocks: US markets fall as higher yields and oil prices flag inflation risk
US stocks fell as crude oil prices surged and Treasury yields remained high, raising inflation concerns. Major companies like Amazon, Tesla, and Nvidia experienced losses, contributing to a broader decline in the technology sector. Investors are now focused on upcoming third-quarter earnings reports, particularly from financial institutions. The Federal Reserve is expected to keep interest rates unchanged in October, while considering future hikes.
US jobless claims hover near 57-year low for fourth consecutive week
In a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job market. Nonetheless, nonfarm payroll growth remained disappointing, with just 29,000 jobs created in September. Additionally, there was an increase of 17,000 in ongoing unemployment benefits, highlighting challenges faced by new job seekers amid geopolitical uncertainties and a tightening labor pool.
Chief Economic Advisor V Anantha Nageswaran indicated that India's absence of AI focus might become an advantage. He believes that if the AI boom falters, foreign investors will seek alternative growth opportunities in India. Despite currency depreciation and external challenges, India maintains strong economic fundamentals and growth. Nageswaran highlighted the manageable current account deficit and well-capitalized banking system as positive factors.
Quant Mutual Funds Sandeep Tandon says the next investment edge will come from combining human judgment with AI, machine learning and alternative data. As markets become more dynamic, investors must move beyond static strategies and focus on speed, inference and decision-making.
Jane Street accuses Sebi of shifting goalposts in SAT hearing on documents
Jane Street seeks order logs and counterparty details to defend itself in the market manipulation case, while Sebi argues that it has disclosed all material relied upon so far
GST Council: No arrests, faster refunds, lower penalties from April 2027
The GST Council has approved significant reforms including removing the arrest power of tax officials, raising the prosecution threshold fivefold to Rs 5 crore, and introducing faster, largely automated refunds for taxpayers. These changes, aimed at fostering trust and easing business, will be implemented from April 1, 2027.
Parag Parikh Flexi Cap Funds September portfolio shows a clear shift in select existing holdings, even as the fund exited only one stock. DLF saw the biggest increase, while major names continued to dominate the portfolio. What changed in the mutual funds latest portfolio?
PepsiCo to cut costs as weak North America business hurts annual core profit forecast
PepsiCo is gearing up to implement further cost-cutting measures in response to rising input costs and a slowdown in consumer demand. CEO Ramon Laguarta indicated that actionable strategies would be rolled out shortly to bolster investments. The company has revised its fiscal 2026 core earnings per share growth estimate to a modest 1% to 2%, down from previous figures, while annual organic revenue growth is now anticipated at approximately 3%.
China has no need or intention to weaken yuan for trade edge, central bank says
China's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays a decisive role in determining exchange rates. The central bank will not set exchange rate targets nor intervene in long-term trends. Starting in 2027, additional foreign exchange data will be reported to the International Monetary Fund.
National Payments Corporation of India chief Dilip Asbe joins Swift board
Swift's 15-member board will oversee strategy, management, risk and controls under a revised governance structure approved by shareholders.
Centrum Capital allots 1.17 crore shares to promoter entity as warrant conversion continues
Shares issued at 28.52 each, comprising a face value of 1 and a premium of 27.52; JBCG pays 24.99 crore balance
Nifty hits 52-week low as crude, FII selling weigh
Nifty fell 1.64% to close at 22,231.80, while the Sensex declined 1.44% or 1,045.46 points to 71,593.24
Inside Tata Powers green growth strategy | CEO Praveer Sinha | Energonomics | EP 38
Can renewable energy run round the clock? Tata Power has a plan.
RBI's 29-day VRRR auction receives tepid response despite high surplus liquidity
The Reserve Bank of India on Thursday executed a noteworthy 29-day variable rate reverse repo auction, attracting Rs 79,655 crore in bids, fully accepted at a 5.49 percent rate. This event contrasted sharply with the one-day VRRR auction, which invited bids totaling Rs 1,60,664 crore. Currently, the banking sector enjoys a liquidity surplus of around Rs 4.
Edelweiss Mutual Fund MD Radhika Gupta says Specialised Investment Funds are gaining traction, offering flexible strategies beyond traditional mutual funds. With SIF assets reaching Rs 38,000 crore, she urges investors to focus on strategy, risks, taxation and portfolio purpose before investing.
Mandatory 10% health insurance co-pay: What it means for policyholders
The General Insurance Council is reportedly considering a mandatory 10% co-pay in retail health insurance policies, potentially capped at 5 lakh per claim. Heres what co-payment means, why it is being considered, and how it could affect senior citizens and other policyholders.
NCL Industries cement output surges 22% in Q2 FY27, stock slides 2.3%
The stock has shed over 22% in the past year, against a broader market decline of around 11%
Insurer failed to provide sufficient evidence to justify claim rejection, Kurnool Consumer Commission says.
M&M, Maruti Suzuki among 6 Sensex stocks that hit 52-week lows and slipped up to 12% in a month
Seven Sensex stocks touched fresh 52-week lows as Indian equities suffered a sharp sell-off on Thursday. Mahindra & Mahindra and Maruti Suzuki fell around 12% each over the past month, while Bharat Electronics, Power Grid, NTPC and ITC also hit yearly lows.
Gold prices have corrected sharply, but the fall may be creating an opportunity for investors. Heres the key price level to watch for those considering investing in gold ETFs, along with the factors that could influence prices ahead.
Tata Asset Management MD Anand Vardarajan says investors should combine active and passive strategies rather than treat them as rivals. He recommends layered portfolios using passive exposure, active alpha-seeking funds, multi-asset diversification and higher-risk strategies amid changing rates and valuations.
India 10-year yield hits Dec 2023 peak as US debt rout, oil spike hurt
The Indian government bond market is feeling the heat from escalating US Treasury yields and climbing oil prices. Crude oil has surged, fueled by ongoing fears regarding supply disruptions in the Middle East. In light of this, the Reserve Bank of India has raised its policy rate, signaling a potential tightening of fiscal measures. As a result, forecasts suggest the benchmark 10-year bond yield could hit 7.40%.
Indian markets extended their sell-off as the RBIs hawkish policy stance pressured rate-sensitive sectors and reset near-term valuations. The Nifty fell 1.64% to 22,231.80, while the Sensex dropped 1.46% to 71,593.24, with metals and realty leading losses.
Rates, inflation and AI emerge as key risks for global growth: Deutsche Bank Survey
Rising interest rates and bond yields are the biggest growth risks for wealthy investors, while Asia is seen as the most stable geopolitical region and the US remains the preferred destination for capital allocation.
India at an inflection point in private credit space: What is creating the opportunity?
India cuts back on costly Russian crude as West Asia flows recover
Moscows share of Indias crude imports have fallen to about 35% in September from as high as 56% in July
Sensex dives 1,045 points amid sharp spike in oil prices, fears of further monetary tightening
Falling for the second day running, the 30-share BSE Sensex tumbled 1,045.46 points, or 1.44%, to settle at 71,593.24
Rupee falls 13 paise to close at 96.88 against U.S. dollar
Forex traders said the rupee is under pressure amid persistent macroeconomic headwinds, including global dollar strength (DXY trading near multi-month highs) and elevated Brent crude prices hovering near $104 per barrel
TCS dividend! IT giant declares second interim dividend of Rs 12 per share for FY27
TCS announced a second interim dividend of Rs 12 per share for FY27 after reporting a 15% rise in Q2 net profit to Rs 13,884 crore. Revenue grew 11% to Rs 73,188 crore, while operating margin stood at 24%.
TCS Q2 Net Profit Jumps 15% to Rs 13,884 Crore
Tata Consultancy Services (TCS) announced a 15 per cent increase in net profit, reaching Rs 13,884 crore for the September quarter, driven by an 11.22 per cent rise in revenue from operations.
Rupee falls 13 paise to close at 96.88 against US dollar
Rupee ends Thursday at 96.88 (provisional), down 13 paise
Tinna Rubber expands into Chile, deepens Saudi bet as stock slides 5.5%
The Board has approved an overall investment cap of up to 5 crore into the Chile entity
Dalal Street Bloodbath: Sensex Crashes 1,045 Points, Nifty Hits Fresh 52-Week Low
The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.
Keep UPI free, govt should withdraw proposed charges: GTRI
The Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on UPI transactions may adversely affect small businesses and consumer spending. Maintaining free UPI supports broader digital payments and benefits banks and payment apps. The anticipated changes could lead to higher prices for consumers and reduced earnings for merchants.
Birlasoft named select partner in OpenAI partner network
As a select partner, Birlasoft will work with enterprises to deploy AI solutions across the manufacturing, life sciences, energy, insurance, and MedTech verticals
Withdraw UPI Charges, Says GTRI
Economic think tank GTRI has urged the Indian government to withdraw the proposed UPI charges, set to begin on October 15, arguing that the digital payment system should remain free for merchants and consumers. GTRI warns that these charges could lead to higher prices, reduced earnings for small businesses, and weakened household demand, while also benefiting international card networks by eroding UPI's price advantage. The think tank also called for an independent audit of UPI's running costs.
No SIP returns in 2 years? Prashant Jain explains why that's good news for your wealth
Muthoot Microfin AUM crosses 15,300 crore, cost of funds enters single digits
Disbursements during Q2 FY27 stood at 2,900 crore, up 28 per cent from the same quarter last year and 10 per cent sequentially
Citis India IB revenue nearly doubles as bank raises $16 billion for clients, shows data
Citis India investment banking revenue nearly doubled to $52 million, making it the countrys top-ranked investment bank. The lender helped Indian companies raise nearly $16 billion and advised on $36 billion of M&A, driven by overseas expansion and technology-sector activity.
Info Edge posts 12.8% billing growth in Q2FY27, Shiksha drags; stock slides 3%
Real estate platform 99acres was the standout performer, with billings rising 21.2 per cent to 148.3 crore
Global Market: ECB may need further rate hikes as inflation risks remain elevated, Dolenc says
The ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policymaker Primoz Dolenc cited energy, food and geopolitical risks, while noting stable core inflation. Strong economic growth could add pressure, but rising bond yields pose risks to euro zone activity.
Global Market: European stocks slide as oil surge revives inflation concerns
European shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation could constrain central bank rate cuts and hurt growth, while markets awaited ECB, Federal Reserve and Bank of England signals.
SMC Global closes NCD issue a week early after strong investor response
The company launched a prospectus dated September 28, 2026, offering Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of 1,000 each
RBI rate hike: What lies ahead for the economy
More rate hikes are coming. The question is how much
Knowledge Marine rallies 12% in four days, hits new peak in weak market
Thus far in calendar year 2026, KMEW's share price zoomed 70% against a 16% decline in the BSE Sensex.
How to Invest in Gold, copper & other commodities? Praveena Rai of MCX Answers
TVS Srichakra receives 34.44 crore as TASL Automobile cancels its shares
TASL Automobile pays 377.70 per share to buy out TVS Srichakras holding of 9,11,741 equity shares, which represented 7.58% of TASL Automobiles paid-up share capital
Deposit rate hikes unlikely for 3 months; RBI action to help NIMs: SBI chairman C S Setty
State Bank of India Chairman C S Setty stated there will be no deposit rate hikes for the next three months. He cited sufficient liquidity in the system as a key reason for this prediction. Setty mentioned that credit growth is expected to sustain at 14 to 15 percent over time. He emphasized that banks need to ensure positive real interest rates for depositors amid rising inflation.
Govt plans annual FASTag local pass for residents near highway toll plazas
The annual FASTag pass priced at about 3,000 for residents living within 20 km of national highway toll plazas, offers unlimited crossings at a designated plaza and saves 28% compared to current monthly pass renewals.
Starlink Ready for India Launch, Awaits Final Go-Ahead
'We are ready to help Prime Minister Modi achieve his vision of 100 per cent connectivity throughout India -- a vision all of our company, including Elon, shares,' Lauren Dreyer, vice-president of Starlink business operations at SpaceX, said at the pre-business day of the India Mobile Congress in New Delhi.
