The Economic Times

Indias announced private capex pipeline rose 39% year-on-year to Rs 99.7 lakh crore in September 2026, driven by IT-enabled services and conventional power projects, according to UBI Research. However, sectoral and geographical concentration, slower growth in project numbers and gaps in power transmission investment pose execution risks to the investment cycle.

Indian IT stocks experienced a notable market value recovery of approximately 3.87 lakh crore in October. Foreign investors invested around 6,463 crore in the IT sector during the third quarter. The Nifty IT index rose about 17 percent in October after a previous decline of roughly 20 percent. Analysts caution that despite selective buying, the sector faces a challenging earnings environment ahead.

IHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel major raised its FY27 revenue growth guidance to 15-17%. Jefferies, Nomura and Nuvama shared their latest ratings and target prices.

Indian stock markets fell sharply on Thursday, with Sensex dropping over 600 points and Nifty 50 slipping below 22,600 amid expiry-day volatility. The selloff wiped out nearly Rs 5 lakh crore in investor wealth, while broader markets, sectoral indices and market breadth remained firmly negative.

Ravita Engineering Services is set to debut on the NSE SME platform on Thursday, with a muted grey market premium of around 1%, indicating a potentially modest listing gain. The Rs 116.05 crore IPO, priced at Rs 105112 per share, was subscribed 7.11 times overall. QIBs led demand with 13.21 times subscription, followed by NIIs at 7.42 times and individual investors at 3.50 times.

Jio Platforms Rs 30,213 crore IPO entered Day 2 with a grey market premium of around 22%. The issue, priced at Rs 1,0651,119 per share, closes on October 23. At the upper end, Jio is valued at around Rs 10.3 lakh crore, with brokerages citing its telecom dominance, improving profitability and growth prospects in broadband and AI.

Fusion CX makes its stock market debut with a 5% grey market premium after raising Rs 702 crore through its IPO. Strong subscription, rising profits, AI investments and expansion plans shape investor expectations.

The Commission for Air Quality Management in Delhi held a meeting to address ongoing dust pollution problems. Agencies were instructed to comply with measures for dust mitigation as pollution levels deteriorated. The Municipal Corporation of Delhi was specifically directed to enhance dust control on roads and open spaces. Stage one of the Graded Response Action Plan has been implemented due to worsening air quality.

India strongly condemned the UN rapporteurs for showing bias in a counter-terrorism report related to Dawood Ibrahim. Indian diplomat Raghoo Puri stated that the report contained factual inaccuracies regarding Ibrahim's criminal status. Puri emphasized that Ibrahim is a wanted criminal based in Pakistan and associated with Al-Qaeda. Additionally, India rejected Pakistan's claims regarding Jammu and Kashmir, asserting its integral part of the nation.

Taiwan has been waiting months for US President Donald Trump to approve a $14 billion sale of weapons and equipment, which the island democracy would use to fend off a potential Chinese attack. - Taiwan is developing a multi-layered air defence system, known as the T-Dome, that it hopes could counter a potential Chinese attack.

A futures market overview highlighting four NSE-listed stocks with significant open interest increases, reflecting heightened trading activity and potential shifts in market positioning during the October 21 trading session.

PC Jeweller reported a 58% year-on-year rise in Q2 FY27 net profit to Rs 330.66 crore, while revenue grew 28% to Rs 1,054.47 crore. The company achieved debt-free status, improving profitability prospects. It plans 100 new showrooms, a youth-focused jewellery brand, and expects gold mining operations to begin this financial year.

Fractal Analytics, The India Cements, Sobha and Ipca Laboratories featured in StockEdges RSI Trending Up scan on October 21 after gaining over 3%.

HFCL, Sterlite Technologies and Tata Chemicals featured in StockEdges VWAP scan on October 21, with closing prices more than 2% below their respective volume-weighted average prices.

Sobha, Fractal Analytics, Ipca Laboratories and Sagility featured in StockEdges VWAP scan on October 21, with closing prices more than 1.5% above their volume-weighted average prices.

Under Sebis T+1 settlement cycle, investors need to purchase a companys shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (October 23), making them eligible for the dividend.

At the previous closing price of Rs 1,709 apiece on BSE, the said number of shares freeing up for trade today is worth nearly Rs 3,247 crore.

The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.

Aditya Birla Sun Life AMC witnessed an 8.4% decrease in net profit for the September quarter of FY27, coming in at 221 crore, down from 241.32 crore last year. In contrast, operational revenue grew by 5% to 484 crore. The company faced a 21% increase in total expenses, which rose to 230 crore. Significantly, the Quarterly Average Assets Under Management reached 4.42 lakh crore, reflecting a 4% year-on-year increase.

Reserve Bank of India has significantly reduced banking system liquidity from a peak surplus in a short time. Liquidity surged after banks received funds from overseas Indians under the FCNR(B) scheme. The central bank utilized reverse repo auctions and cash reserve ratio adjustments to absorb this surplus effectively. As overnight rates increased following these liquidity measures, RBI temporarily infused funds to manage sharp rate rises.

The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a rate of 9.42 times, while retail investors opted for a 0.73 times rate. Non-institutional interest was stronger at 1.68 times. The company plans to allocate a large share of the funds toward debt clearance, reflecting optimistic perceptions of Jio Platforms' future.

Indian equities, especially the Nifty Midcap 150 index, have recently slipped into correction territory as valuations soar. The small-cap and micro-cap indices are mirroring this trend amid rising investor concerns. Previously, retail investments bolstered smaller stocks, but high valuations threaten future returns. Moreover, analysts observe that even after declines, small and mid-cap stocks continue to trade at elevated levels. An improving economic situation might lead to a hopeful relief ral

Benchmark indices began the day with gains but faced selling pressure as trading continued. The indices eventually closed lower amidst increasing Brent crude oil prices over $110. Analysts suggest that Monday's high of 23,175 is a crucial resistance level to watch. Foreign portfolio investors significantly bought shares, while domestic institutional investors were net buyers as well.

Indian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nifty 50 index dropped by 77.60 points to close at 22,811.35. Reliance Industries celebrated a reaffirmation from ICRA concerning its non-convertible debenture program, valued at Rs 12,000 crore. Eternal also reported impressive year-on-year growth in Q2 revenue and net profits.

Indian banks have recently engaged in significant M

US midterms polls 2026 prediction: The US Constitution says that states have the primary authority for the administration of elections. Voter rolls cannot be changed on a major scale less than 90 days before an election.

Persistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company has set the QIP floor price at Rs 5,550 per share and may offer investors a discount of up to 5% under the approved pricing terms.

A 13-year-old teen girl from Massachusetts, Kaia Minn, has developed biodegradable seed pods using discarded citrus peels and other plant-based materials after being inspired by wildfire reports from California and Canada. The pods are designed to protect seeds during early growth before decomposing naturally, with potential applications in forest restoration, agriculture and gardening. Further outdoor testing is needed to establish their effectiveness.

In light of critical vulnerabilities discovered in PHP, numerous websites have been taken offline. The FBI has strongly recommended that organizations either update their PHP installations or disconnect vulnerable systems. Cybersecurity experts warn that these flaws pose a significant risk of data theft and cyberattacks. In response, website administrators are implementing urgent maintenance. Users are encouraged to exercise caution and adhere to online safety protocols.

Jurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting firm, Cambridge Analytica, harvested Facebook user data to generate targeted political ads for the 2016 election.

Sensex and Nifty ended above pre-closing auction session levels after extreme volatility, despite an Rs 8 lakh crore market selloff. Elevated crude prices, foreign investor outflows and weak market breadth kept sentiment cautious.

The Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to withdrawals of Rs 5,000 over the next six months. The bank's recent lack of compliance with supervisory concerns prompted these regulatory actions. Eligible depositors can claim up to Rs 5 lakh through the Deposit Insurance and Credit Guarantee Corporation.

Technical analysts have recommended Wipro, NHPC, Sagility, LTTS and Hexaware Technologies for potential gains, citing bullish chart patterns, support levels and momentum indicators. The recommendations include specific entry prices, stop losses and targets to manage trading risks.