30 C 
Traveling from Gurugram to Amritsar now takes about 4.5 hours over 405 km via high-speed corridors, bypassing Delhi's traffic. The new routes, including Dwarka and KMP Expressways, facilitate quicker journeys, benefiting commuters and travelers alike by avoiding congested urban areas.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equities rebounded on Monday after eight consecutive weekly losses, with Sensex rising 473 points and Nifty gaining 134 points. Softer US jobs data and lower crude prices supported sentiment, though analysts flagged bond yields, currency risks, RBI policy and earnings uncertainty.
Marico raises stake in Plix parent to 84.09%; Q2 revenue expected to grow in double digits
Marico has raised its stake in Satiya Nutraceuticals, owner of The Plant FixPlix, to 84.09% after acquiring an additional 24.09% for Rs 1,012.03 crore. The company also reported strong Q2 momentum and expects double-digit revenue growth and mid-twenties operating profit growth.
Broadening rally in stocks hits an economic roadblock
Elevated oil prices and surging bond yields are narrowing Wall Streets rally, leaving investors concentrated in AI-related stocks while broader market participation weakens. Strong economic and earnings growth offers support, but a widening gap between bond and equity volatility signals that stocks could face sharper swings ahead.
A global SIP comparison shows how the same monthly investment strategy produced very different outcomes across markets. While the US emerged as the clear leader, India stood out for consistency. The findings highlight why SIP discipline alone cannot determine returns.
The 57th meeting of the Goods and Services Tax Council has been rescheduled to October 8, starting at 11 am. The meeting's location is the Summit Room, Bharat Mandapam, in New Delhi. An Office Memorandum cited unavoidable circumstances for the date change without providing further details. Members of the Council have been notified about this alteration, and an apology has been expressed for any inconvenience caused.
UPI MDR will apply to eligible P2M transactions above 2,000 from 15 October 2026. But how does its 0.4% charge compare with typical debit and credit card MDRs? Heres a look at the transaction costs and how the charges differ across payment modes.
Traders cautious amid Brent pullback, markets likely to stay volatile
Nifty gains 133 points as Brent crude eases towards $101-102 a barrel, while oversold conditions and softer US rate expectations support a relief rally
NRI tax rules: What happens to losses on foreign shares?
An NRI asks if a loss on UK stocks can offset gains on Indian shares, while another wants to know if former residents can use FAST-DS to disclose unreported US stocks.
Complex regulations, limited private participation and budget constraints are making project preparation and risk-sharing increasingly critical, while AI and digital technologies reshape infrastructure investment.
Private banks' deposit mobilisation outpaces PSU peers in Q2
From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per cent year-on-year in Q2, while private banks' growth ranged from 16.3-40 per cent during the same period.
Zerodha founders Nithin, Nikhil Kamath pick up 6.72% stake in Viceroy Hotels
Zerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath Associates and Nksquared. The investment comes as the hotel company recovers after insolvency resolution, expands its portfolio and seeks capital through a Rs 105-crore rights issue.
The collapse of NFT market: Digital goldmine turns into digital dust; here are the biggest losers
The NFT market has collapsed, losing up to 99% of its value as excitement waned. Famous purchases by stars like Eminem and Justin Bieber have turned into significant losses.
Axis Banks Sanjeev Moghe resigns amid banking sector leadership churn
Axis Bank executive Sanjeev Moghe has resigned, making it the lender's second senior management exit in just over a month amid wider industry executive reshuffles.
HDFC Bank slips despite Nifty Bank recovery, analysts retain buy ratings
HDFC Bank fell 2.16 per cent even as banking indices gained, with analysts retaining positive ratings while investors assess the lender's transition under new CEO Anup Bagchi
Sebi launches awareness campaign to help investors in informed decision making
Sebi has launched the Samajh Se Investing Simple campaign under Project Jagrook to simplify investing, promote informed decisions and prevent financial fraud. It also introduced MUST to boost financial literacy among students and announced an official WhatsApp channel for investor awareness.
US stocks: Nasdaq hits record as megacap gains offset elevated Treasury yields
On Monday, the S&P 500 gained ground and the Nasdaq Composite hit a historic high, propelled by heavyweight stocks. The technology sector led this upward trend, thanks to impressive performance from Nvidia, Meta Platforms, Microsoft, and Tesla. However, the Dow Jones Industrial Average faced a slight setback amid elevated Treasury yields. Strong expectations for corporate earnings are buoying U.S. equities, even as inflation and geopolitical uncertainties persist.
Top crypto group to pour millions into bipartisan slate of House races after key legislation stalls
Fairshake is stepping into the political arena with a bipartisan initiative aimed at supporting various House candidates in the forthcoming midterm elections. The organization is prepared to invest substantially in both Republican and Democratic candidates who align with its cryptocurrency agenda, with 32 beneficiaries already identified for their advocacy of critical legislation.
SEBI chairman warns investors against anonymous tips, finfluencers; launches Project Jagrook
Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India, has inaugurated Project Jagrook, which aims to boost investor education and awareness. This initiative addresses the stark difference between market understanding and actual involvement, with only 9.5 percent of the 63 percent of households aware of securities products actively engaged.
Trents Q2 revenue rises 23% YoY to Rs 5,788 crore; Zudio crosses 1,000-store milestone
Tata Group retailer Trent reported 23% year-on-year growth in standalone revenue to Rs 5,788 crore in Q2FY27, while H1 revenue rose 21% to Rs 11,454 crore. The company crossed 1,000 Zudio stores and operated 1,342 stores across brands by September.
Rupee edges higher as traders await RBI policy decision on rates
The rupee ended marginally stronger at 96.2925 against the dollar, supported by lower Brent crude prices and improved sentiment. The currency traded in a narrow range as investors awaited the RBIs monetary policy decision, with a 25-basis-point rate hike widely expected.
Mutual fund investors may need to rethink static portfolio strategies as market volatility, higher rates, and shifting global trends reshape sector leadership. The latest outlook highlights dynamic asset allocation, selective sectors, and the importance of tracking portfolio positioning.
Kotak Mahindra Banks net advances climb 25% YoY to Rs 5.77 lakh crore; deposits grow 23% in Q2
Kotak Mahindra Banks net advances rose 24.7% year-on-year to Rs 5,77,094 crore by September 30, 2026, while total deposits increased 23.2% to Rs 6,51,491 crore. CASA deposits grew 11.3%, according to provisional data disclosed by the lender.
Only 7 actors and cricketers are among the wealthiest in India: Who are they? Hurun Rich List
The M3M Hurun India Rich List 2026 features seven non-business figures showcasing their wealth accrued from entertainment, endorsements and various ventures.
Sebi launches nationwide investor campaign, cautions against finfluencers
Project Jagrook will take financial literacy to rural areas and educational institutions, while cautioning investors against anonymous tips and exaggerated return claims
TVS ASL raises 425 crore from Crescent Enterprises in Series D round
The investment will support myTVS' growth in India and expansion into international markets, initially focusing on opportunities across the Middle East and North Africa
Indian bonds hold tight range ahead of RBI policy meeting
Amidst cautious market dynamics, Indian government bonds show signs of stability as investors refrain from placing new bets ahead of a potential interest rate hike from the Reserve Bank of India. With looming geopolitical factors and a softer U.S. jobs report suggesting a pause in rate increases by the Federal Reserve, investor sentiment shifts. Additionally, the upcoming quarter marks a significant surge in bond sales planned by Indian states.
Hindustan Unilever, PB Fintech among 7 stocks that hit 52-week lows and slipped up to 47% in a month
The Sensex fell 49 points to 72,480 on Wednesday as several BSE 100 stocks hit fresh 52-week lows. PB Fintech, Hindustan Unilever, Britannia Industries, Tata Consumer Products, Godrej Consumer Products, Bharat Electronics and Indian Oil were among them.
Over 50% rise in wealthy Indians leaving the country; who's the richest NRI? Hurun Rich List 2026
According to the M3M Hurun India Rich List 2026, 156 wealthy Indians now reside overseas, an increase of 54%. Check who the richest NRI is.
Small-cap funds dominate the top-performing active diversified equity mutual fund list in 2026 so far, while mid-cap schemes also feature over longer periods. A comparison of YTD, three-year and five-year returns shows how rankings change across different investment horizons.
Market wrap: ITC, BSE, HCL Tech, Asian Paints top gainers and losers on Nifty and Sensex on Monday
Indian equity markets rebounded on Monday, with the Nifty and Sensex rising 0.60% and 0.66%, respectively. ITC led the gainers, while HCL Tech and Asian Paints fell sharply. FMCG and consumer durables outperformed, but healthcare and pharma stocks declined as investors assessed global rate and crude oil cues.
PNB launches special festival campaign, announces offers for retail loans
Punjab National Bank has launched its 2026 festive retail loan campaign, offering concessions across home, car and other retail loans. Under the scheme, home loan borrowers will get a full waiver of upfront and processing fees along with a 5-basis-point rate concession, while car loans will also carry a full fee waiver.
Flipkart invests in TravClan to strengthen international travel offerings
The investment will strengthen international travel supply, on-ground support and holiday offerings for customers across Cleartrip and Flipkart Travel
India records highest e-bus sales in April-September period, adoption jumps to 8.55%
The government has been pushing for increased adoption of electric trucks and buses, with work starting on a new scheme to provide cheaper loans to private sector bus and truck operators.
Rupee ends flat, anchored by RBI intervention in face of global strains
The lingering pressures have left the rupee reliant on central bank interventions to avert testing record low levels hit in May
JioBlackRock Mutual Fund files draft document with Sebi for a gold ETF
JioBlackRock Mutual Fund has filed a draft document with Sebi for JioBlackRock Gold ETF, an open-ended scheme tracking domestic gold prices. The ETF will invest 95-100% in gold and related instruments, with a minimum investment of Rs 500.
NBFCs account for nearly half of small loans while delinquencies stay low
Non-banking finance companies accounted for nearly half of new-to-credit loans below Rs 2 lakh as of June 2026. Their retail delinquency rate remained lower than the overall industry average, reflecting improved asset quality. Monitoring credit positively impacted borrowers' cure rates compared to those who did not monitor. The customer base for NBFCs grew significantly over the last decade, indicating increasing access to credit.
Groww Value Fund among 5 value funds with highest cash holdings. Check details
The top five value and contra mutual funds held up to 16% cash in August, with DSP Value Fund recording the highest allocation. Fund managers may retain cash to meet redemptions and deploy funds when investment opportunities emerge.
IPO Ahead! Electrical products maker Biocon Electric files draft papers with Sebi
Biocon Electric has filed DRHP with Sebi for a Rs 59 lakh-share IPO, comprising a fresh issue and OFS. The company plans to use fresh proceeds primarily for working capital, with shares proposed for BSE and NSE listing.
Sumitomo Corp to acquire 49% stake in HFE's 500 MW Karnataka project
Hero Future Energies will retain a 51 per cent stake in the 500 MW Karnataka project, which combines wind and solar power with large-scale battery energy storage
Top five conservative hybrid funds delivered SWP returns of up to 9.5% over three years as of September 30, 2026.
Sensex, Nifty, Stock Price Highlights: Sensex settled 472.77 pts or 0.66% higher at 72,382.47 on Monday, and Nifty 50 gained 133.80 pts or 0.60% to 22,555.75.
Rupee falls 5 paise to close at 96.30 against U.S. dollar
Brent crude, the global oil benchmark, was trading higher by 0.22% at $102.48 per barrel in futures trade.
Stock markets rebound; Sensex climbs 473 points
BSE Sensex jumped 472.77 points, or 0.66%, to settle at 72,382.47; NSE Nifty climbed 133.80 points, or 0.60%, to end at 22,555.75
Consumer internet majors set for robust revenue growth in Q2 FY27
Blinkit and food delivery players may post strong growth, while Instamart losses could widen; Meesho and PhysicsWallah are expected to show margin improvement
Debt is not a risk-free asset, with duration, credit, liquidity and reinvestment risks varying across investments. Axis MFs Devang Shah explains how investors should approach debt, 7%+ yields and retirement portfolios.
ET Alpha Wealth Summit 2.0: How portfolio management is evolving with AI
The ET Alpha Wealth Summit 2.0 is scheduled for October 8, 2026, in Mumbai. This event will gather various investment professionals including high-net-worth individuals and family offices. Some of the discussions will focus on the implications of AI for portfolio management and investment allocation. Expert sessions will explore the balance between human judgement and AI in making investment decisions.
Indias BPCL plans $3 billion bond sale to fund Brazil oil bet
Bharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazils SEAP-I offshore project and refinancing debt. The move supports Indias push to diversify crude supplies amid geopolitical disruptions. BPCLs Brazil investment highlights growing interest in South American energy assets.
Sebi to partly reverse derivative settlement rules after pushback: Report
Sebi is likely to change its closing auction mechanism after sharp derivatives price swings on expiry days. The regulator may stop using the closing auction for derivatives settlement for at least a year, shifting to a 30-minute volume-weighted average price, while retaining the auction for less-liquid underlying stocks.
NPS Swasthya: How the new healthcare savings model works
NPS Swasthya combines a healthcare investment account with a mandatory super top-up health insurance policy.
Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside
BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside. The brokerage sees Nvidias full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market leadership.
Global Market: Eurozone business activity hits 29-month high as price pressure intensifies
Eurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. However, inflation surged to 3.8% due to rising energy costs, fueling expectations that the European Central Bank will maintain higher interest rates or hike rates further by mid-next year.
$14 billion worth of IPO shares set for lock-in expiry to hit Dalal Street by December
In the upcoming three months, a significant event will unfold as lock-ins will expire for shares in 91 companies, releasing approximately $14 billion worth of stocks. Notably, the Central Mine Planning & Design Institute will see a release of 464 million shares. As various companies unlock shares through November and December, investors should closely analyze potential shareholder actions in the post-lock-in landscape.
Global Market | High energy costs threaten eurozone inflation outlook: ECB's Nagel
Eurozone inflation stands at 3.8%, with Bundesbank President Joachim Nagel warning of upside risks from energy, food and refining costs. However, wage and price-setting remain contained, while long-term inflation expectations stay aligned with the ECBs 2% target. Markets increasingly expect further ECB rate hikes, though Nagel urged flexibility.
Global Market: OPEC+ keeps November oil output steady as Brent tops $100
Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $100 a barrel. Meanwhile, G7 nations plan to release 100 million barrels of oil and refined products, including diesel, to ease energy-market pressures and cushion consumers from soaring fuel costs.
Sterlite Tech stock zooms 1069% from Jan low; m-cap tops 50,000 crore
At 02:27 PM on Monday, Sterlite Technologies' market capitalisation stood at 50,624 crore, and the stock traded 3% higher at 985 backed by a trading volume of 2.4 million shares on the NSE and BSE.
A 57-year-old investor faces Rs 16 lakh LTCG tax after selling land near Jewar airport. Experts suggest verifying the liability before deciding between property reinvestment or diversified equity investments.
Global Market: European stocks edge up; Schneider plunges after PTC deal
European shares edged 0.2% higher, recovering from last weeks losses, while French stocks fell amid growing fiscal concerns. The CAC 40 dropped 0.8%, pressured by Schneider Electrics sharp decline after its $22.6 billion PTC deal. Investors also tracked softer US jobs data, bond yields, inflation risks and political uncertainty across Europe.
The GST Council may protect genuine buyers from losing input tax credit if suppliers default on tax payments. The proposal, discussed in the upcoming meeting, will ensure buyers arent penalised for a suppliers tax default. Details here.
FIIs, retail investors raise stakes in 10 stocks, stocks rally up to 35% in 3 months
Nearly 78 BSE 500 stocks saw both FII and retail ownership rise in June 2026. Ten stocks gained 10%-35% over three months, led by Lenskart Solutions.
Japan-based Sumitomo Corporation to pick 49% stake in HFE project SPV
The Special Purpose Vehicle (SPV) of Hero Future Energies (HFE) is developing a project of an approximately 500 MWp wind and solar power plant with a large-scale battery energy storage at Bidar, Karnataka
The Labour Bureau revised minimum wages effective October 1, 2026, increasing rates for agricultural and other workers. The Variable Dearness Allowance, tied to inflation adjustments, raised daily wages for unskilled agricultural workers to 537, 491, and 486 in Areas A, B, and C respectively.
Raymond Realty gains 6%, snaps 4-day losing run on strong Q2 biz update
Driven entirely by sustained sales velocity and steady price realisation within the existing portfolio, Raymond Realty saw its pre-sales rise 98 per cent year-on-year (YoY) to 902 crore in Q2 FY27.
Gold slips nearly 1% to 1.49 lakh/10g as firm dollar keeps lid on bullion recovery
On the Multi Commodity Exchange (MCX), the yellow metal for December delivery fell 1,020, or nearly 1%, to 1,49,370 per 10 grams
Jio Platforms likely to launch IPO on October 21, seeks to raise $3.8 bn
The country's biggest listing to date is Hyundai Motor India's $2.9 billion listing in 2024, while the National Stock Exchange of India made its market debut last month after a $2.3 billion IPO
A Rs 10,000 monthly SIP in 12 equity mutual funds grew to more than Rs 10 crore since their respective inceptions, an ETMutualFunds analysis found. Nippon India Growth Mid Cap Fund topped the list with Rs 27.13 crore, followed by Franklin India Mid Cap Fund at Rs 22.13 crore, highlighting long-term wealth creation.
Back-to-back lower circuit! ESDS Software sinks 30% in 6 days; here's why
ESDS Software Solution is an AI-enabled cloud, managed services, data centre infrastructure and software solutions provider.
Energy Security, Jobs 'Critical' for India's Sustained Growth: Chandrasekaran
Tata Sons Chairman N Chandrasekaran affirmed India's robust economic position amidst global uncertainty, emphasising that energy security, advanced manufacturing jobs, and investment in human capital are 'critical' for sustaining the nation's long-term growth.
Jefferies sees signs of recovery in Indias derivatives market as options volumes rebound after the disruption caused by the closing auction session (CAS). BSEs cash-market share also rose, while MCX benefited from stronger energy options activity. The brokerage expects Groww to benefit from improving orders, higher MTF volumes and commodity trading, and named Groww, MCX, KFIN and Nuvama as top picks
Nomura sees IndiGo emerging stronger from fuel shock; initiates Buy with Rs 6,000 target
Nomura initiated coverage on InterGlobe Aviation with a Buy rating and a Rs 6,000 target price, implying around 20% upside from the September 30 close. It believes IndiGos low-cost model, large aircraft order book and expanding international network could strengthen its competitive edge despite elevated fuel prices.
US Market: Feds Hammack says jobs data gives time to assess rate path
Federal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. Cleveland Fed President Beth Hammack said Septembers weak employment report was broadly consistent with recent labour-market trends. With hiring slowing but remaining stable and inflation pressures persistent, policymakers are weighing employment and price stability before the next rate decision.
Goolsbee says steady jobs market keeps inflation as Fed priority
Chicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the bigger policy concern. He said the Feds options remain open and policymakers need stronger evidence that inflation is moving sustainably toward the 2% target before deciding rates.
Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why
Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a Rs 1,730 price target, implying 20% upside. The brokerage expects strong two-wheeler demand, premiumisation and electrification to drive growth, with newer products adding to the opportunity. It forecasts 24% revenue and 27% EPS CAGR through FY29.
Acevector shares drop 11.5% in trading debut
The initial public offering (IPO) of AceVector Ltd was subscribed 4.93 times on Tuesday, the last day of bidding
Shares of Punjab National Bank, Bank of Baroda and AU Small Finance Bank rose up to 4% after strong Q2 business updates. Deposits and advances recorded robust year-on-year growth across the lenders, boosting investor sentiment. Analysts expect loan growth momentum to continue, though near-term margins could remain under pressure amid surplus liquidity.
IDCW vs SWP: which of these options should retirees choose and why
IDCW payouts from mutual funds are neither guaranteed nor necessarily tax-efficient. For retirees seeking regular cash flows, a disciplined SWP can offer greater control over withdrawals and taxation.
US ETF inflows smash annual record as investors favor funds
US-listed ETFs have attracted a record $1.54 trillion in inflows so far in 2026, surpassing the previous full-year record set in 2025. Equity ETFs led demand, while technology funds saw the strongest sectoral inflows. The surge comes despite market volatility, underscoring continued investor preference for liquid, flexible exchange-traded products amid shifting rate expectations.
Mint Explainer | Why Karnatakas gig worker law has put platforms and workers at odds
At the heart of the dispute is a question: can states create their own social-security regimes for gig workers when Parliament has already enacted a national law covering them?
ITC jumps 3% as Citi upgrades rating, target. What prompted bullish view?
Citi upgraded ITC stock to 'BUY' from 'SELL' despite near-term headwinds as it finds the risk-reward favourable.
Orient Cables, AceVector, Runwal Enterprises, and German Green Steel debut with mixed moves; pricing, openings, and early trading shape sentiment
Credit cards provide a way to manage expenses without immediate cash flow. But paying only minimum dues incurs interest, leading to debt traps and even lower credit scores. Here's how.
Kamath brothers acquire 6.72% stake in Viceroy Hotels
According to the latest shareholding disclosures, the Kamath brothers have invested through two separate investment vehicles, Kamath Associates and Nksquared
Why Bajaj Finance shares jumps 3% amid 17,500-cr capital raise plans
The stock opened at 962.55, touched an intraday high of 995.80, and was trading well above its previous close of 948.30
Suzuki To Halve Car Development Time By 2030
Suzuki Motor Corporation is set to revolutionise its operations by halving vehicle development times and significantly boosting efficiency by 2030, while committing to a diverse multi-powertrain strategy that includes BEVs, hybrids, and carbon-neutral fuels.
Avenue Supermarts shares fall 4% despite 18% YoY revenue growth in Q2 update
Avenue Supermarts achieved an impressive 18.4% increase in year-on-year revenue for Q2, totaling Rs 19,206.18 crore. As of September 30, 2026, the company operates 518 stores, although one is temporarily closed for renovations. However, following this positive news, shares dropped 4.07% on the NSE, indicating market concerns. Additionally, Avenue Supermarts issued Rs 500 crore in commercial paper with a 6.
New bilateral investment treaty framework to get Cabinet nod soon: FM
Finance Minister Nirmala Sitharaman announced that India is set to introduce a new, more investor-friendly bilateral investment treaty (BIT) framework, which is expected to receive Cabinet approval shortly, aiming to provide sharper protection for investors from both sides.
Gap-Up fades as IT and HDFC Bank drag Nifty to near-flat; crude, Rupee weigh
Bank Nifty, which had surged over 600 points in early trade, surrendered nearly all its gains through the session
