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Civil Services To Boost AI Skills With OpenAI Partnership
Karmayogi Bharat and OpenAI have signed an MoU to enhance AI capacity development across India's civil services. This partnership aims to equip government personnel with AI skills through the iGOT Karmayogi platform, fostering confident and responsible AI use for improved public outcomes and a future-ready civil service under Mission Karmayogi.
Jio IPO: Nithin Kamath explains how Jio played an important role in making what Zerodha is today
Zerodha CEO Nithin Kamath has credited Reliance Jio and Airtel with helping build Indias digital ecosystem and expand capital markets. Reflecting on Jios decade-long journey, Kamath said affordable data, along with Aadhaar and UPI, enabled online-first businesses like Zerodha to grow and helped drive a surge in retail investing.
Carlsberg said to near public filing for $700 million India IPO
Carlsberg is preparing to publicly file for a potential $700 million IPO of its Indian business, with investor roadshows expected next week and a possible December launch. The proposed offering would involve a secondary share sale, as Indias IPO market gains momentum. Carlsberg India holds approximately 22% market share.
New Noida has officially been notified as the Dadri-Noida-Ghaziabad Investment Region (DNGIR), according to Awanish Kumar Awasthi, advisor to Uttar Pradesh Chief Minister Yogi Adityanath. Here's all you need to know about it.
Sara Ali Khan and her mother, Amrita Singh, leased a 2,545-square-foot office in Mumbais Andheri West to Bengaluru-based Upsurge Labs for five years. The deal totals 3.76 crore, with a starting monthly rent of 5.85 lakh and annual increases of 5%.
Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listing
Reliance Industries Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming Indias largest-ever public offering and getting fully subscribed within 100 minutes of opening. The IPO surpasses Hyundai Motor Indias Rs 27,870 crore issue in 2024. At the upper end of its Rs 1,0651,119 price band, Jio Platforms is valued at around Rs 10.3 lakh crore. The issue closes on October 23.
Bonfiglioli Transmissions Rs 2,533.66 crore IPO was subscribed 46.05 times, with allotment expected to be finalised today. Shares are scheduled to list on the BSE and NSE on October 23, while a grey market premium of around 23% points to potential listing gains.
Paras Healthcare IPO: Occupancy, execution key monitorable, say analysts
Paras Healthcare IPO bidding opened for subscription on Oct 21, 2026 and will close on Oct 23, 2026.
Reliance Jio Platforms IPO saw 25 domestic mutual funds receive 34.34% of the anchor book allocation through 95 schemes. Here are the top 10 schemes that secured the highest allocations, how Jios listing could affect their returns, and what you should consider before making investment decisions.
Dinner with strangers, 1,500 a ticket: the economics of Indias at-home social clubs
From supper clubs to themed game nights, home-hosted events are becoming a paid social space. Attendees seek meaningful connections, while hosts balance ticket prices, costs and profitability.
Banerjee says Indias crude sourcing strategy would remain driven by energy diplomacy and commercial considerations
Why are analysts still cautious despite Super Micros strong outlook?
Super Micro Computer raised its first-quarter revenue forecast to $18.5 billion$19.5 billion on stronger AI infrastructure demand. Higher gross margin guidance also lifted sentiment, while investors await earnings to assess cash flow, working capital and the sustainability of growth.
RIL's stock climbs 2% as Jio Platforms IPO achieves full subscription in just 100 minutes
The scrip of Reliance Industries Ltd (RIL) jumped as much as 1.96 per cent to 1,225.60 apiece on the National Stock Exchange (NSE). In intraday trade, it gained 2.68 per cent to hit a high of 1,234.30 apiece.
HDFC Bank stock slips despite profit growth as street stays unimpressed
At current levels, HDFC Bank trades at a trailing P/E of 13.71 a significant discount to its historical valuations leaving analysts divided on whether the worst of the re-rating is behind the stock
Global Market: Eurozone banking crisis fears return as government borrowing costs surge
Rising euro zone borrowing costs have renewed fears of a sovereign debt crisis, particularly in France. European banks stronger capital buffers, diversified bond holdings and tighter regulation offer protection, but prolonged market volatility could increase funding costs, weaken profitability and revive investor concerns over banks exposure to government debt.
Rupee rises 29 paise to 94.62 against U.S. dollar in early trade
The rupee got a boost from the foreign dollar inflows tied to the Jio IPO, which opened for public subscription, according to analysts
Bandhan Small Cap among 5 smallcap mutual funds with over 16% gains in 3 years. Do you own any?
Five smallcap mutual funds delivered over 16% annualised returns over three years, led by Bandhan Small Cap Fund at 21.2%, highlighting performance differences across schemes as investors assess opportunities.
eMudhra tanks 20%; why IT-enabled services stock sank in Wednesday's trade?
eMudhra stock has been in focus amid reports of distrust of some of its intermediate Certificate Authorities (CAs) used in its global TLS business.
Piramal Finance shares jump 4% as Q2 profit rises 67% YoY to Rs 545 crore, NII jumps 35% YoY
Piramal Finance shares rose nearly 4% after Q2 FY27 net profit surged 67% year-on-year to Rs 545 crore. Assets under management grew 24%, while retail disbursements increased 34%. The company strengthened its capital base, expanded AI adoption, improved operational efficiency, and appointed former SBI Chairman Dinesh Kumar Khara as Independent Director.
SpaceX Stock: 6 things to know about Q3 earnings, AI growth and Tesla merger buzz
SpaceXs revenue surged 161% year-on-year to $14.58 billion in the third quarter, driven by AI computing and Starlink. Elon Musks $1 trillion revenue ambition and Tesla merger speculation have drawn investor attention, while rising AI spending remains a key risk.
EAAA India Alternatives fixes price band for Rs 1,200 IPO; issue opens on October 26
EAAA India Alternatives has set a price band of Rs 1,5851,665 for its Rs 1,200-crore IPO, opening October 26. The offer is entirely an offer for sale, with the company reporting higher income and profit in FY26.
Sensex, Nifty rally up to 1% in early trade on IT stocks, firm global cues
The 30-share BSE Sensex jumped 822.64 points, or 1.11%, to 74,675.54 in the morning trade and the 50-share NSE Nifty advanced 217.65 points, or 0.95%, to 23,106.60
AI-led IPOs may add up to $100 billion to India's market-cap: Goldman Sachs
The investment bank estimates that 25-50 per cent of nearly 70 mid-to-late-stage private AI companies could go public in the next two to five years.
Solar panels and home EV charging can deliver substantial savings but conditions apply.
Just Dial share price slides 6% as Q2 profit falls 10%, margins contract
For Q2FY27, Just Dial reported a 9.73 per cent Y-o-Y decline in its consolidated net profit to 107.8 crore, and Ebitda margin contracted 228bps to 26.4 per cent.
Has India Fallen Out Of Love With Weight-Loss Drugs?
More patients can now afford semaglutide, but the early excitement around the drug is fading.
Gold prices edged lower while silver fell on MCX as investors awaited the US Federal Reserves upcoming policy decision for clues on interest rates. Traders expect rates to remain unchanged in October, with a possible hike in December. Analysts say dollar strength may cap golds upside, while central bank buying supports longer-term prices.
Made an error while paying income tax? Taxpayers can request online challan corrections for eligible details, including the tax year and tax payment category. Know the key deadlines, the step-by-step process, and how the Income-tax Act, 2025 changes the tax-year framework.
Industry body flags unintended consequences of CCPAs proposed ad guidelines for small businesses
India SME Forum has urged the government to reconsider parts of the CCPA's proposed anti-spam advertising rules, arguing that compliance requirements could burden small businesses that lack dedicated compliance teams.
EAAA India Alternatives IPO to open on October 26; price band fixed at 1,585-1,665
The issue size has been reduced to 1,200 crore from the 1,500 crore proposed in the Draft Red Herring Prospectus (DRHP) filed with SEBI in January
Jio Platforms IPO fully subscribed in less than 35 minutes of opening
The issue received bids worth about Rs 22,354 crore by 10:34 am, with qualified institutional buyers leading demand at 3.25 times their reserved portion
SBI probes suspected data breach after 3.75 lakh records surface on dark web
State Bank of India is investigating a suspected data breach involving approximately 3.75 lakh records found online. The bank has engaged cybersecurity experts to assess the extent and risks related to the exposed data. Preliminary analysis has identified nearly 3,900 customer records, which include personally identifiable information. Previously, Central Bank of India experienced a technical glitch affecting its systems but reported no financial losses.
Midcap 100, Smallcap 100 index down 1%; MRF, Biocon, Swiggy at 52-week lows
Yes Bank, PI Industries, MRF, Swiggy, Biocon, NMDC, Tube Investments of India, Vishal Mega Mart, Voltas and Max Financial Services from the Midcap 100 index hitting their respective 52-week lows.
Mint Explainer | Why India wants to corporatize its major ports and what it means
The Indian government plans to corporatize 11 major ports by 2030, introducing a landlord model, market-based tariffs and eventual stock listings to attract private investment and boost maritime competitiveness.
Missed reversal in IT stocks? Jefferies gives 3 ideas with up to 50% re-rating potential
Jefferies sees further valuation upside in Indian IT stocks despite a muted sector growth outlook. Infosys and TCS offer over 20% rerating potential, while Sagility could deliver more than 50% in a best-case scenario. The brokerage raised target prices for Infosys and TCS, citing scope for growth expectations to stabilise.
UltraTech up 3% post Q2; Jefferies says cement price recovery key catalyst
UltraTech Cement's consolidated net profit attributable to owners of the parent rose 21.3 per cent year-on-year to 1,493.77 crore in the quarter ended September 30, 2026, from 1,231.58 crore.
Stock Markets on Oct 21: Sensex, Nifty Rebound on IT Sector Gains
Indian equity benchmarks Sensex and Nifty rallied up to 1 per cent in early trade, driven by strong performance in IT stocks, Reliance Industries, and favourable global market sentiment, rebounding from previous losses.
Bajaj Finance shares fall 3% after Q2 results. What Jefferies, Nomura, other brokerages now expect?
Bajaj Finance shares dropped on Wednesday after the NBFC reported a 29% year-on-year rise in Q2FY27 net profit to Rs 6,367 crore. Nomura and Jefferies retained Buy ratings, with Jefferies cutting its target price, while 360 One WAM upgraded the stock to Buy, citing improving risk-reward and strong growth.
Anthropic's confidential IPO filing reveals $80.7 billion H1 loss, massive computing costs
The loss largely reflected accounting adjustments related to financing agreements, including $72 billion in charges linked to changes in the value of convertible notes and other financial instruments
Jio IPO opens with a bang, issue gets fully booked as QIBs drive demand. Check GMP
Mukesh Ambani-led Jio Platforms IPO saw strong demand on Day 1. The IPO commanded a grey market premium (GMP) of around 25%, while brokerages remained optimistic, citing Jios telecom leadership, improving profitability and growth opportunities in broadband and artificial intelligence (AI).
Safe-haven demand is shifting amid AI-driven market volatility, geopolitical tensions, rising energy prices and mounting government debt. The US dollar, Swiss franc, German Bunds, short-term government bonds and gold offer potential protection, but differing risks and volatile returns highlight the challenges of safeguarding portfolios during market uncertainty.
Cheap IPOs Are Paying Off In 2026
Investors who bought attractively valued IPOs and held on have earned strong returns, particularly when the money raised went into companies rather than into the pockets of exiting shareholders.
Global Market: Japanese government bond yields fall as safe-haven demand returns
Japanese government bond prices rose for a third session as attractive yields and safe-haven demand boosted investor interest. Record demand at a 20-year bond auction supported the recovery, while global yields declined. Economists expect the Bank of Japan to raise interest rates to 1.50% in December, though October rates may remain unchanged.
Why are markets rising today? Sensex up 800 pts intraday, Nifty tops 23,100
VK Vijayakumar of Geojit Investments, said that the improving earnings growth, fair valuations of large-caps, and strong domestic liquidity are likely supporting the market on declines.
Nifty IT index hits 8-month high; LTTS zooms 15% on Wednesday; here's why
Thus far in October, the Nifty IT index has rallied 16% as TCS, Tech Mahindra, Wipro, Infosys and Mphasis surged in the range of 18-23% amid Q2 earnings cheer.
Rupee rises 29 paise to 94.62 against US dollar in early trade
Positive sentiments in the domestic market and support from the RBI lifts rupee up
Global Market: China's yuan hits four-year high on export strength, weak dollar
Chinas onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, foreign exchange inflows and a weaker greenback. The currency has gained 4.7% against the dollar so far in 2026.
Gold, silver fall as higher crude oil prices revive rate-hike concerns
In the global market, gold futures on Comex were trading near $4,140 per ounce, while silver was trading near $57.60 per ounce
Oil shipping costs surge sevenfold to over $20 a barrel amid war: Goldman Sachs
Higher war-risk premiums, fuel expenses and ship-to-ship transfers are driving freight rates up, potentially reshaping crude trade and refinery sourcing.
Bengalurus GBA has launched an online service for joint property owners to divide eligible plots and obtain separate A-eKhatas based on recorded shares. Available on e-Aasthi 2.0, the facility lets owners sell, gift or mortgage their portions and pay property tax independently.
Indian bonds sell off on oil shock ahead of RBI policy minutes
Indian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The benchmark bond yield has reached its highest point since March, leading to a more cautious trading environment. Additionally, consumer inflation in India rose to 5.54%, with forecasts indicating further increases in October.
Mid, Smallcap MF AUM Crosses Rs 10 Trillion; Momentum Expected to Continue
Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.
The great bull-market in India is over; prefer bonds, cash: Marc Faber
Foreign investors, Faber said, will reduce their exposure to markets around the world. That is one reason I am reasonably positive about the US dollar, he added.
UCO Bank raises $730 million through FCNR deposits, avoids high-cost bulk funds
The fund mobilization supported the Kolkata-based banks liquidity requirements as advances grew 24.7% year-on-year in the September quarter.
Gold and silver prices today, 21 October: Check the latest 24K and 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities. Also, track MCX gold and silver futures, key market movements, and factors influencing precious metal prices.
Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 results
L&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins and strong sustainability business growth. Management expects a stronger second half of FY27, while Motilal Oswal, Nuvama and Nomura raised their target prices but maintained cautious ratings.
Hind Zinc up 4% post Q2; analysts see silver prices key to earnings growth
Jefferies said that Hindustan Zinc trades below the long-term average EV/Ebitda and that recovery in silver price would be key for stock performance.
Jio IPO or RIL shares? Where should investors bet as Ambani's Rs 30,213 crore issue opens
Jio Platforms is eyeing a staggering valuation of Rs 10 lakh crore for its upcoming IPO, sparking heated debates among analysts on whether to pursue Jio or Reliance Industries shares. The IPO holds the potential for investors to capitalize on India's booming digital economy, focusing specifically on Jio's telecommunications prowess, while Reliance offers broader sector diversification.
Jio Platforms IPO Day 1 Live Updates: Check GMP, subscription status, price band and issue details
Jio Platforms IPO GMP Day 1 live updates: Jio Platforms 30,213-crore initial public offering (IPO) opens for subscription on October 21 and closes on October 23. The company has allotted shares worth 8,109.85 crore to 212 anchor investors at 1,119 apiece, after institutional demand for the anchor book exceeded 2.5 lakh crore. Follow live updates on the IPOs subscription status, grey market premium (GMP), issue details and analyst recommendations.
Japans Nikkei jumps over 1% as AI optimism lifts chip stocks; exports rise 16.7%
Japans Nikkei 225 rose 1.56% as renewed optimism over AI demand and gains on Wall Street lifted investor sentiment. Strong export growth and reports of major Chinese technology firms ordering Nvidia chips also supported the rally.
Brent crude oil stays above $110 amid supply disruption fears
December Brent oil futures were at $110.54, up by 1.61%, and December crude oil futures on WTI (West Texas Intermediate) were at $99.35, up by 1.56%
This is a developing story
Global Market: South Korean shares jump 3% as chipmakers rally on strong exports, AI demand
South Koreas KOSPI surged 3.03% after hitting a six-month closing low, supported by a rally in chipmakers, record semiconductor exports and optimism over sustained AI infrastructure demand. Foreign investor buying also aided the rebound.
Hindustan Zinc reported a 142% year-on-year jump in Q2FY27 net profit to Rs 6,412 crore, while revenue rose 77% to Rs 15,093 crore. Despite strong earnings, Jefferies cut its target price to Rs 650 from Rs 750, citing silver price volatility and lower price assumptions for the coming years.
Infosys, UltraTech Cement, TCS, HCLTech, Reliance Industries, Tech Mahindra and Bharti Airtel shares gained 2-3% to lead gains on Sensex. Bucking the trend, Bajaj Finance shares dropped more than 2% to lead losses on the benchmark index.
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Stock Update
Vaibhav Vyapaar Shares to list today; Check GMP ahead of debut
Vaibhav Vyapaar shares are scheduled to list on the NSE SME platform on October 21, with the IPO commanding a grey market premium of around 6%. The Rs 42.10 crore issue was subscribed 2.27 times. The NBFC plans to use Rs 32 crore from the proceeds to strengthen its capital base.
Aditya Khemani, Head Equity at Invesco Mutual Fund, discusses how investors can identify potential long-term compounders, why earnings growth, ROCE and cash-flow generation must go hand in hand, and the financial red flags to watch out for in small- and midcap companies. He also shares his outlook on market leadership, the long-term potential of mid- and smallcaps, and the opportunities emerging from Indias manufacturing push.
UltraTech Cements Q2FY27 results prompted Nomura, Citi and Jefferies to revise their target prices for the stock. While Nomura and Citi cut their targets, Jefferies raised its estimate, with all three brokerages retaining Buy ratings. UltraTech reported a 21% year-on-year rise in quarterly profit to Rs 1,494 crore.
Bajaj Finance down 3% post Q2; analysts stay bullish on asset quality gains
Bajaj Finance reported a 29 per cent year-on-year (YoY) rise in consolidated net profit to 6,367 crore for the July-September quarter of FY27.
Best arbitrage mutual funds to invest in October 2026
Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.
Copper supply crunch deepens as new mines take over 16 years to develop: Goldman Sachs
Declining discoveries, lower ore grades and rising development costs are limiting copper supply growth, making existing producers increasingly valuable to investors
Q2 Results Today, 21th October 2026 Live Updates: Follow the latest announcements and developments on the company's September quarter earnings, revenue and profit, updates on Aditya Birla Sun Life AMC, Adani Green Energy, Aye Finance, Eternal, PC Jewellers, KEI Industries, Mahindra & Mahindra Financial Services, SRF, Vishal Mega Mart, Indosolar, Welspun Specialty Solutions and others.
Anand Rathi Wealth among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks recorded significant increases in futures open interest on October 19, reflecting heightened trading activity and growing participation across wealth management, industrial, energy, and real estate sectors.
Paras Healthcare IPO opens today: Check GMP, price band and key details
Paras Healthcares Rs 1,450 crore IPO opens for subscription on October 21 and closes on October 23, with a grey market premium (GMP) of around 7%. The issue comprises a fresh issue of Rs 500 crore and an offer for sale (OFS) of Rs 950 crore.
HD Fire Protect shares to list today; GMP signals 26% listing gain
HD Fire Protect is set to debut on the BSE and NSE on October 21, with a grey market premium of around 26%, signalling expectations of strong listing gains. The Rs 712 crore IPO was priced at Rs 271 per share and comprised entirely an offer for sale (OFS) of 2.63 crore shares by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi. Since it was an OFS, the company will receive no proceeds from the issue.
Paresh Bhagat, Chairman of Mangal Keshav Financial Services, discusses where Indias next wealth creators could emerge from, why several mid- and smallcap stocks remain priced for strong future growth, and how investors can distinguish expensive growth stories from genuine long-term compounders. He also explains why valuation discipline matters, whether largecaps are becoming more attractive, and what investors should look for when identifying smaller companies that could grow into tomorrows market leaders.
State Bank of India has flagged the suspected exposure of 3,897 customer records containing personally identifiable information on the dark web. The data reportedly includes names, mobile numbers, dates of birth and residential addresses. SBI has initiated incident response measures and engaged an independent cybersecurity agency to investigate the alleged compromise.
Cipla Share Price Live Updates: Cipla Stock Details
Bajaj Auto Share Price Live Updates: Bajaj Auto's Price Movement Signals Concern
Titan Company Share Price Live Updates: Titan Company reports a slight decline in stock price
SIFs offer long-short strategies that traditional mutual funds generally cannot. A study compares their downside protection, market recovery, and year-to-date returns, with equity long-short SIFs down 1.8% versus 6.9% for large-cap funds. Here's what investors need to know.
Gold may trade at $4,200-$5,000 over next 12-24 months, says NDB Wealth
Central bank purchases, strong Asian investor demand and constrained mine supply are reshaping gold markets as traditional US rate signals weaken.
Jammu & Kashmir Bank among 3 stocks that closed crossing above VWAP
Three Nifty 500 stocks displayed positive price strength, closing above their Volume Weighted Average Price (VWAP), reflecting favourable trading momentum and buying interest during the October 19 trading session.
Asian shares climb, bonds stabilise as strong earnings buoy Wall Street
MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.5%, led by a 4% gain for Korean shares, while Japan's Nikkei 225 climbed 1.3%
HCL Tech Share Price Live Updates: HCL Tech's Stock Performance Update
Rupee may rise on Jio Platforms IPO inflows, RBI support; oil prices pose risk
The rupee is poised for further gains as anticipated IPO-related dollar inflows and central bank intervention counter rising crude oil prices.
Union Bank Of India among 4 stocks showing RSI trending up
Four Nifty500 banking stocks showed strengthening momentum on October 19, with rising RSI values indicating improving price strength and potential bullish trends, according to StockEdges technical scan.
Shripal Shah, MD & CEO of Kotak Neo, discusses how investor behaviour has changed, why digital convenience alone is no longer enough, and how the next phase of broking will be shaped by connected investing, access to research and human expertise.
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Surges Past 20-Day SMA
