SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Business News

The Economic Times

Business / The Economic Times

Adani Green Energy H1 Update: Operational capacity rises 24% YoY to 20,763 MW, energy sales jump 32%

Adani Green Energy reported a 24% year-on-year rise in operational capacity to 20,763 MW in H1FY27, while energy sales jumped 32% to 25,747 million units. The company added 4,083 MW of greenfield capacity and expanded its battery storage portfolio. Its board will consider Q2FY27 financial results on October 21.

10 Oct 2026 4:22 pm
DMart Q2 Results: Cons profit rises nearly 9% YoY to Rs 743 crore, revenue jumps 18%

DMart operator Avenue Supermarts reported an 8.5% year-on-year rise in consolidated net profit to Rs 743 crore in Q2FY27, while revenue grew 17.8% to Rs 19,644 crore. However, EBITDA and profit after tax margins declined amid entry-level wage inflation. The company opened 15 new stores during the quarter, taking its total to 518.

10 Oct 2026 4:01 pm
Bitcoin reclaims $82,500 as improved ETF flows lift market sentiment. Here is what experts say

Bitcoin reclaimed $82,500 on Saturday after hitting a nearly three-week low earlier in the week, as improved ETF flows supported sentiment. Experts flagged institutional outflows, US-Iran tensions and AI-related security concerns as risks. Bitcoin and Ethereum remained down over the week, while derivatives data showed substantial liquidations across crypto markets.

10 Oct 2026 3:55 pm
ET Alpha Wealth Summit 2.0: Radhika Gupta says financial products must solve real investor needs

Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, says financial products should address specific investor needs rather than follow market trends. At ET Alpha Wealth Summit 2.0, she discussed how SIFs can offer investment flexibility, while stressing the importance of understanding their risks, taxation and role in portfolios.

10 Oct 2026 3:41 pm
FIIs dump Indian stocks for eight straight weeks: Is a reversal on the cards or more pain ahead?

FIIs sold Indian equities for an eighth consecutive week, offloading Rs 30,294 crore, while DIIs bought Rs 30,313 crore to cushion the outflows. The Nifty 50 ended marginally higher, snapping its losing streak. Elevated crude oil prices, rupee weakness and global bond yields remain key factors shaping the outlook for a sustained recovery.

10 Oct 2026 3:11 pm
AMFI Rejig: Vedanta and HDFC AMC among 7 largecaps stocks that may slip into midcap category in H1 CY27

Around seven stocks may soon get demoted to the midcap segment from current largecap status by the Association of Mutual Funds in India (AMFI) in its Semi-Annual rejig in H1 CY27, according to a prediction by Nuvama Institutional Equities.

10 Oct 2026 3:04 pm
Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 crore

Canara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43 crore from Rs 41 crore last year. This quarter also saw total income climb to Rs 2,511 crore, a rise in net premium collections reaching Rs 2,553 crore, and an increase in first-year premiums to Rs 642 crore, showcasing the company

10 Oct 2026 1:58 pm
RBI to conduct Rs 25,000 cr OMO sale auction of government securities on Oct 13

On October 13, the Reserve Bank of India plans to auction government securities valued at Rs 25,000 crore. This operation will present six distinct securities, each with maturities ranging between 2030 and 2034. The central bank will determine the accepted amounts and may opt for lower bids. At present, the banking sector holds a surplus liquidity estimated at approximately Rs 3.88 lakh crore.

10 Oct 2026 1:47 pm
RBI to sell $2.6 bln of bonds, tighten bank reserve need to squeeze cash

The Reserve Bank of India is set to initiate bond sales to better regulate liquidity within the banking system. As of October 16, banks will face a stricter cash reserve ratio requirement, further enhancing liquidity oversight. This follows the RBI's first key policy rate hike in almost four years, hinting at possible future increases.

10 Oct 2026 1:43 pm
8 midcap stocks rally up to 135% in a year; 2 turn multibaggers

Over the past year, the benchmark Nifty has remained largely flat, while the Nifty Midcap 150 index has gained around 11%. Within the midcap universe, 32 stocks have delivered double-digit returns. We spotlight eight standout performers that have surged anywhere between 50%-135% over the past year, including two multibaggers that have more than doubled investors

10 Oct 2026 1:37 pm
Quant Small Cap Fund exits ICICI Bank and 5 others, reduce stake in Zydus Wellness and 5 more in September

Quant Small Cap Fund exited ICICI Bank and five other stocks in September while trimming its holdings in six stocks, including Zydus Wellness. The fund also added six new stocks to its portfolio and increased its stake in 10 others, according to its monthly portfolio disclosure.

10 Oct 2026 1:28 pm
Nifty bulls regain momentum, but can bears strike back? 5 factors to decide D-Streets fate next week

Indian equities snapped an eight-week losing streak as the Nifty 50 and Sensex rebounded on Friday. However, elevated crude prices, foreign investor outflows, inflation data, bond yields and the September-quarter earnings season could shape the market

10 Oct 2026 12:01 pm
Should you continue your mutual fund SIPs during a market correction? Here is what investors should know

Systematic Investment Plans (SIPs) are meant to help investors ride out market volatility, but the prolonged weakness in equities has pushed returns into the red. Here is how investors should approach their mutual fund SIPs, as reported by ET Bureau.

10 Oct 2026 11:00 am
Explained: How mutual fund SIPs harness the power of compounding to build wealth

Compounding can help mutual fund investors build long-term wealth by generating returns on accumulated gains. Through regular SIP investments, even small contributions can grow significantly over time. An example of a Rs 10,000 monthly SIP over 20 years shows how starting early, staying consistent and remaining invested can boost wealth creation.

10 Oct 2026 10:15 am
RBI tightens forex derivative rules: What changes for hedging, cancelled trades

The RBI has tightened rules for rupee-linked foreign exchange derivatives, restricting the rebooking of cancelled contracts and cutting the threshold for transactions without establishing underlying exposure to $5 million from $100 million. It has also mandated additional checks for hedging activities and introduced a 20% cash reserve requirement for certain transactions.

10 Oct 2026 10:05 am
Wall Street Week Ahead: Bank earnings, CPI headline busy markets week as S&P 500 hovers near records

U.S. stock investors are on high alert as they anticipate quarterly earnings reports from major banks, including JPMorgan and Goldman Sachs. These reports are pivotal, shedding light on corporate profitability and the future direction of interest rates. The upcoming Consumer Price Index report will also provide vital clues about inflation trends, potentially swaying Federal Reserve policy.

10 Oct 2026 9:59 am
Euro falls, set for fifth straight weekly drop as oil prices rise

The euro has experienced a significant drop as concerns about France's public debt continue to affect investor confidence. Global bond markets have stabilized following US President Donald Trump's remarks on potential military action against Iran. Oil prices fluctuated significantly, impacting market dynamics and investor sentiment. US consumer sentiment has worsened amid rising living costs attributed to the ongoing Middle East conflict.

10 Oct 2026 9:55 am
IT stocks surge despite US immigration curbs

On Friday, Indian IT stocks experienced an impressive surge, spearheaded by a remarkable 4.2% jump in Tata Consultancy Services shares. This unexpected rally took analysts by surprise, as it unfolded amidst ongoing concerns surrounding US regulations impacting technology firms. Additionally, OpenAI

10 Oct 2026 9:49 am
Gold hits one-week high, heads for weekly gain on bargain-hunting

Gold prices surged as investors seized the opportunity to buy low after a recent dip to a two-month low. Currently, spot gold has ascended to around $4,190.49 and is on track for a weekly increase. Traders are closely monitoring potential interest rate adjustments by the US Federal Reserve. Analysts suggest a possible test of the $4,000 support level if inflation continues to be a factor.

10 Oct 2026 9:48 am
US stocks: US market posts weekly gains with earnings, inflation data on tap

Wall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo and Goldman Sachs. Analysts predict a notable growth in S

10 Oct 2026 1:39 am
India holds soybean cargoes over doubts about Niger origin, sources say

Indian customs authorities have held about 1,500 tonnes of soybean cargoes at JNPT after importers failed to provide documents proving the shipments originated in Niger and qualified for duty-free entry. The scrutiny follows a sharp surge in soybean imports declared as coming from Niger and concerns that Nigerian beans may have been mis-declared to avoid import duties.

9 Oct 2026 3:33 pm
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surge

Foreign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter monetary policies weakened risk appetite. South Korea and India led outflows, while hedge funds reduced exposure amid persistent market uncertainty.

9 Oct 2026 3:26 pm
Global Market: European companies set for 21% Q3 earnings growth, led by energy firms

European companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However, excluding energy, growth is forecast at 9.7%, while real estate earnings are projected to fall sharply.

9 Oct 2026 3:09 pm
Why are US stocks rallying despite Fed rate shock? Aswath Damodaran explains in the context of AI

US stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation expert Aswath Damodaran. However, with equity risk premiums falling below 4%, he warns that the rally hinges on whether AI investments can deliver the profits investors expect, raising the risk of a sharp market correction.

9 Oct 2026 2:57 pm
Zetwerk said to plan up to $525 mn India IPO next week

Zetwerk is preparing to launch an IPO as early as October 15, seeking to raise up to $525 million at a targeted valuation of $2.8 billion. The offering will include a fresh issue and a secondary sale by existing shareholders.

9 Oct 2026 2:53 pm
Teacher denied gratuity for retiring at 62 instead of 60; Allahabad HC orders payment with 6% interest, here's why

A teacher was approved for working till 62 years age however, she was denied gratuity payment on the ground that the retirement age was 60 so she should have exercised the gratuity option at 60 and not 62 years age.

9 Oct 2026 2:28 pm
Global Market: European stocks rebound as oil prices ease; telecom shares slide on SpaceX deal

European shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telecom stocks lag after SpaceXs spectrum deal sparks concerns about rising competition for established wireless operators.

9 Oct 2026 2:25 pm
Rs 1,024-crore market cap, Rs 10,000-crore order book: This penny stock jumps 11% after SAIL deal

SEPC shares jumped nearly 11% to Rs 5.47 on Friday after securing an Rs 854.57-crore contract from SAIL for its IISCO Steel Plant expansion in Burnpur. The deal pushes SEPC's consolidated order book past Rs 10,000 crore, nearly 10 times its market capitalisation, providing multi-year revenue visibility.

9 Oct 2026 2:24 pm
How Do Family Offices Hunt for Multibagger Startups?

How Do Family Offices Hunt for Multibagger Startups?

9 Oct 2026 2:21 pm
SIR row: Former Bengaluru Police chief, ex-BJP candidate seeks probe into Dhruv Rathees visa status

Bhaskar Rao has requested the Union Home Ministry to verify Dhruv Rathee's citizenship and immigration status. This request follows Rathee's participation in a protest against the Election Commission of India. Rao expressed concerns about foreign nationals participating in organized political demonstrations in India.

9 Oct 2026 2:12 pm
US 10-year Treasury yield could hit 6% as oil prices, debt worries mount: Pimco CIO

The 10-year US Treasury yield could reach 6% for the first time since 2000, according to Pimcos Dan Ivascyn. Rising oil prices, inflation concerns, mounting government debt and bond market pressures threaten financial stability. Higher yields could increase borrowing costs, weaken stocks and corporate bonds, and tighten global financial conditions.

9 Oct 2026 2:07 pm
Ashish Kacholia sells over 2 lakh Carysil shares in Q2. How has the stock fared?

Ace investor Ashish Kacholia trimmed his stake in Carysil by over 2 lakh shares during the July-September quarter of FY27, reducing his holding to 2.72%. The kitchen sink makers stock has corrected sharply from its July peak after a strong rally earlier this year. Heres a look at Carysils recent share price performance, long-term returns and analyst outlook.

9 Oct 2026 2:04 pm
6 Defence stocks turn multibaggers in H1 FY27, rally up to 600%

The Nifty India Defence index rallied 25% in H1 FY27 despite broader market volatility, with 10 defence stocks gaining 50% to 600%. Six stocks, led by Sigma Advanced Systems, Unimech Aerospace, and MTAR Technologies, turned multibaggers by more than doubling investor wealth over six months, ACE Equity data showed.

9 Oct 2026 2:03 pm
Pidilite shares rise marginally as company appoints Amit Agarwal CFO-designate

Pidilite Industries shares rose on Friday after the company appointed Amit Agarwal as CFO-designate and Senior Management Personnel, effective October 9, 2026. Agarwal brings over 22 years of finance experience and has previously worked with Pfizer, Hindustan Unilever and Vedanta Resources. He is a Chartered Accountant, Cost Accountant and Company Secretary.

9 Oct 2026 1:57 pm
Explained: Why IT stocks ignored Donald Trumps PERM suspension to gain Rs 70,000 crore in one day

IT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification programme. Strong Q2 results from TCS, easing oil prices and bond yields, and developments around OpenAI also supported sentiment. TCS gained after reporting 15% profit growth, while brokerages flagged near-term margin pressures and evolving AI-related risks.

9 Oct 2026 1:48 pm
Sridhar Vembu urges Indians to return home after US freezes Green Card process at 8 tech firms

Sridhar Vembu, the founder of Zoho, is encouraging Indians working in the United States to return home. He highlighted how recent immigration policies have created uncertainty for Indian professionals despite their significant contributions. Vembu emphasized the opportunity for returning professionals to help shape India's technology ecosystem. This call to action follows the suspension of several tech companies from the Permanent Labour Certification program.

9 Oct 2026 1:36 pm
CJP's Dipke slams Centre over train cancellations ahead of Delhi protest, says 'shut down entire country if...'

Abhijeet Dipke, founder of the Cockroach Janata Party, condemned the Indian government's cancellation of trains for upcoming protests. The Delhi Police denied permission for protests at Jantar Mantar, which Dipke claims does not require police approval. He confirmed the protest would still proceed on October 10 despite the lack of authorization. Indian Railways announced multiple train cancellations and rescheduling on the same day.

9 Oct 2026 1:34 pm
Global IPO market faces setback as high-profile listings are scrapped, delayed in 2026

Several high-profile IPOs have been withdrawn, delayed or shelved in 2026 as market volatility and valuation concerns weigh on investor demand. From Firmus and Oura to PhonePe and KNDS, companies are reassessing public listings and fundraising plans.

9 Oct 2026 1:18 pm
Oppositions SIR stir: President Murmu to meet INDIA bloc leaders at 8 pm today

President Droupadi Murmu has agreed to meet with leaders of the Opposition INDIA bloc on Friday evening. This meeting is scheduled amid ongoing protests by Opposition parties regarding the Chief Election Commissioner. Opposition MPs had earlier been halted by police while marching towards the Election Commission's office. They later shifted their protest to Raj Ghat, requesting the President's attention on this matter.

9 Oct 2026 1:17 pm
Vedanta shares jump over 3% after Rs 5 interim dividend announcement

Vedanta shares rose on Friday after the mining major announced its first interim dividend of Rs 5 per share for FY27, with a total payout of Rs 1,955 crore. The dividend marks the company's first since its demerger into five entities, which could reshape its future dividend payouts.

9 Oct 2026 1:10 pm
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong rebounds

Chinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shanghai Composite Index dropped 1.2%. Conversely, Hong Kong's Hang Seng Index saw an uptick of 1.1%, driven by a surge in technology stocks. Investor sentiment has leaned towards safer sectors amid concerns regarding currency fluctuations and AI-related investments, highlighting a pervasive caution across both markets.

9 Oct 2026 12:52 pm
NEET protest: SC rejects plea for independent probe into CJP agitation

The Supreme Court has dismissed a plea for an independent investigation into the Cockroach Janata Party's protests. These protests occurred in July over alleged NEET-UG paper leak issues at Delhi's Jantar Mantar. Protesters demanded accountability for examination irregularities and the resignation of Union Education Minister Dharmendra Pradhan. Climate activist Sonam Wangchuk supported the protests by launching an indefinite hunger strike.

9 Oct 2026 12:42 pm
India allows no monopoly: Scindia responds to Musks Starlink row, says 3 firms await clearances; takes dig at Congress

Communications Minister Jyotiraditya Scindia responded to Elon Musk's allegations regarding Starlink's delayed launch in India. He emphasized that India does not permit monopolies in any sector and highlighted the government's clarity on satellite communication licenses. Scindia noted that all three licensed companies are at the same regulatory stage pending security clearances.

9 Oct 2026 12:42 pm
Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mount

Singapores central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risks persist. Geopolitical tensions, higher oil prices and potential food supply disruptions are adding pressure. Economists anticipate a modest Singapore dollar appreciation adjustment, balancing inflation control with economic stability amid global uncertainty.

9 Oct 2026 12:42 pm