The Economic Times

In a thrilling turn of events, West Indies clinched victory in the second T20I, equalizing the series at 1-1. As the teams gear up for the next confrontation, India is keen to regain the series lead. The decisive third T20I is scheduled at Holkar Stadium in Indore on October 11, 2026. Fans are buzzing with excitement to see both teams compete fiercely for dominance.

Southern California faces flooding and damage due to the remnants of Tropical Storm Rachel making landfall. Long Beach has been significantly impacted, with waterfront homes and streets flooded by powerful waves. Emergency measures are in place in Newport Beach, Laguna Beach, and other coastal areas to reinforce defenses. Flash flood warnings have been issued in San Diego and surrounding counties as rainfall increases.

Prime Minister Narendra Modi laid out an ambitious vision for India to become a developed nation by 2047. He emphasized the importance of youth engagement and innovation in addressing global challenges. The Prime Minister cited an example of patriotism instilled in children through small contributions to soldiers. He assured that through collective resolve, India will achieve milestones like hosting the Olympics and landing an astronaut on the Moon.

Kumaraswamy's demand comes days after Shivakumar cautioned five Cabinet colleagues about alleged attempts to target them through sting operations, triggering a political controversy in Karnataka.

The report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressing the need to ensure that the digital payments platform does not attract negative sentiment among users.

Sensex and Nifty snapped their eight-week losing streak on Friday, surging over 1% as IT stocks rallied and crude prices eased. The rebound added more than Rs 4 lakh crore to BSE-listed companies market capitalisation, while positive market breadth favoured bulls.

Audi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury carmaker aims to double its market share from around 8% to 15-16% over the next three to five years through new product launches, customer-focused initiatives and dealership expansion, particularly in tier-II and tier-III cities. The proposed India-EU free trade agreement could also help Audi introduce more models to test demand.

DBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She emphasized the need for more foreign direct investment and exports to support the rupee's stability. Tan expressed optimism about India's potential in artificial intelligence due to its software talent and digital infrastructure developments. The importance of improving hardware capabilities alongside software strengths was also noted in her discussion.

Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in Fusion CX ahead of its Rs 702 crore IPO opening on October 14.

Mallikarjun Kharge and Rahul Gandhi plan to consult with the Chief Justice of India regarding the government's approach to the ongoing protests. Kharge labeled the atmosphere as one of undeclared Emergency, citing extensive police actions that suggest a fear of youth unrest. The leaders are steadfast in their mission to preserve democratic principles and protect citizens' constitutional freedoms.

Suresh Raina highlighted the potential for Mohammed Shami to return to the Indian cricket team. He noted Shami's strong domestic performances and compared them to Bhuvneshwar Kumar's return. Raina emphasized Bhuvneshwar's discipline and fitness as key to his comeback. Shami has not played for India since 2025 but remains active in domestic cricket. While Bhuvneshwar has earned his recall, Shami's future readiness is yet to be confirmed.

Union Minister Gajendra Singh Shekhawat criticized leaders Rahul Gandhi and Arvind Kejriwal for undermining constitutional institutions. He accused them of spreading anarchy through their political ambitions, which threatens democracy in India. Shekhawat dismissed allegations made by Ashok Gehlot as politically motivated and reflective of frustration. He also defended constitutional bodies, claiming it is a political duty to uphold their sanctity.

Raut also mentioned the unease within the BJP, suggesting potential leadership changes by March next year. Furthermore, he drew historical parallels to authoritarian leaders who suppressed dissent during their final days.

Violence erupted in Adoor when Congress and CPI(M) youth factions clashed after college union elections. Law enforcement registered three incidents involving activists from KSU, Youth Congress, SFI, and DYFI. The unrest intensified as SFI and DYFI protested against the arrest of CPI(M) leaders in Delhi. Amidst these events, former MLA Rahul Mamkootathil was present, rejecting any claims of assault.

Mutual funds increased their stakes in approximately 44 of these companies compared with the June 2026 quarter. Interestingly, most of these stocks delivered negative returns over the past three months despite higher mutual fund holdings.

PNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin improvement is expected to be between 5 to 8 basis points and will benefit customers through cheaper loans. The company is also experiencing positive demand momentum in the housing finance sector. Additionally, PNB Housing Finance has received a credit rating upgrade to AAA/Stable from Crisil.

Foreign investors sold Indian equities worth Rs 45,125 crore in October's first six sessions, nearly matching September's outflows. Elevated US bond yields and crude oil prices continue to pressure markets, while inflation data and geopolitical developments could influence the selling trend.

Edelweiss Mutual Fund MD and CEO Radhika Gupta says investors should approach Specialised Investment Funds (SIFs) with clear portfolio goals rather than chase new products or returns. Speaking at the ET Alpha Wealth Summit 2.0, she highlighted their tax efficiency, the importance of understanding derivatives-based strategies, and the need to assess risks, costs and realistic return expectations before investing.

NTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation projects, according to the state-run power company.

Nine penny stocks with market capitalisations below Rs 1,000 crore and share prices under Rs 20 gained up to 316% in six months, supported by strong price momentum and minimum trading volumes of 5 lakh shares.

As many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro and Nestle India. With the earnings season underway, investors will track key announcements across banking, IT and other sectors after markets snapped an eight-week losing streak. Here is a day-wise list of major companies scheduled to report results.

Bengaluru-based Tricog Health aims to conduct 100 million cardiac screenings by 2030, having screened over 41 million patients since its founding in 2014. The healthtech firm uses AI-enabled ECG devices and specialist reviews to detect heart conditions, with operations across several Indian states and 14 countries. Its technology aims to reduce diagnosis delays and improve early detection of cardiovascular diseases.

The Nifty snapped its eight-week losing streak but remains below the crucial 200-week moving average at 22,627. The weekly market outlook points to a possible technical rebound, supported by positive divergences on daily charts, though momentum remains weak. Investors should watch key support and resistance levels, sector rotation trends and a sustained move above the long-term average before turning more bullish.

Around 14 companies, including TCS, Vedanta and Ola Electric Mobility, have key corporate action dates scheduled between October 12 and 16. The announcements cover dividends, bonus issues, rights issues, stock splits and share consolidations.

HCL Tech is set to announce its September quarter results on October 12, with brokerages expecting 12% year-on-year profit growth and 16% revenue growth. Acquisitions, deal ramp-ups and seasonal strength are likely to support performance. Investors will track FY27 revenue guidance, margin trends, discretionary spending, deal wins and AI-led pricing pressures for clues on the companys growth outlook.

Five IPOs are scheduled to open for subscription next week, including mainboard issues from HD Fire Protect, Fusion CX and Sahajanand Medical Technologies. The three mainboard offerings span fire protection, customer experience and medical devices, alongside two SME issues.

AAP national convenor Arvind Kejriwal questioned Prime Minister Narendra Modi over the whereabouts of CJP activists Abhijeet Dipke, Ashutosh Ranka and Saurav Das, who were detained at Delhi Airport ahead of a planned protest against Chief Election Commissioner Gyanesh Kumar. Delhi Police said permission had not been granted for the demonstration.

Cockroach Janta Party leader Ajinkya Shinde has taken charge of the protest following the detention of key organizers. Abhijeet Dipke and two others were detained at the airport before a planned demonstration. They are calling for the resignation of Chief Election Commissioner Gyanesh Kumar and have outlined their demands. The party plans to challenge the detentions legally in Delhi High Court and Supreme Court.

President Donald Trump stated that he is evaluating potential US participation in Saudi strikes on Houthis. The evaluation comes after the latest missile attack on King Khalid International Airport in Riyadh, which left several people injured. The airport has faced repeated assaults since the Saudi-led coalition launched its military operations against Iran-backed Houthi forces in Yemen. Recent attacks have resulted in casualties among Saudi citizens, including a pilot.

Iran's Revolutionary Guards said on Saturday that an oil tanker had exploded and caught fire after hitting a naval mine while transiting the Strait of Hormuz, Iranian state media

Sebi chairman Tuhin Kanta Pandey said the regulator expects to issue guidelines on the settlement-price mechanism for derivatives on expiry days within a week. The move follows a review of the Closing Auction Session. Sebi is also working on simpler regulations, easier market access, lower compliance costs and stronger technological resilience.

Bollywood actor Imran Khan participated in a protest at August Kranti Maidan organized by CJP. After his detention, he shared a humorous photo from inside a police van on social media. He clarified that he attended the event as a concerned citizen rather than representing any organization. More than 400 people have been detained at this protest, along with nearly 1,000 others in Delhi.

Nat Habit has secured Rs 142 crore in Series C funding led by Trident Growth Partners. The investment aims to enhance its product offerings and improve distribution channels in retail and quick commerce. The company plans to increase production capacity significantly over the next two years to meet rising demand. Additionally, Nat Habit will explore new product segments like body wash and hair colour.

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.

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.

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.

Ajinkya Shinde, the Cockroach Janta Partys national organisation in-charge, is leading the partys proposed Delhi protest after founder Abhijeet Dipke and two other leaders were detained at the airport on October 10.

PDP president Mehbooba Mufti compared current restrictions in Delhi to those experienced in Kashmir after Article 370's abrogation. She accused the BJP government of manipulating public perception by claiming there were no protests. Mufti stated that the government crushes dissent and then denies its existence to portray false consent. The heightened security measures and route closures in Delhi evoke similar sentiments from Kashmir's past.

Khan Market and Connaught Place remained shut in New Delhi on Saturday amid protest-related security concerns, with traders warning of mounting losses from repeated disruptions. Khan Market Traders Association president Sanjiv Mehra estimated that a days closure could cost a shop Rs 1 lakh to Rs 1.5 lakh. Traders also cited rent, salaries, perishable goods and fears of property damage as reasons for staying closed, ANI reported.

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

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

Fourteen smallcap stocks rose in each of the five trading sessions from October 5 to 9, outperforming the broader market. Alok Industries and Modern Insulators led the gainers with 28% advances each.

Jio Platforms

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

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

Poonawalla Fincorp reported a remarkable net profit of 375 crore for the second quarter, marking impressive year-on-year growth. The company's loan portfolio expansion contributed to a stellar 75.6% rise in net interest income. Notably, new disbursements made up 28% of the total, exceeding 4,400 crore. The gross non-performing asset ratio improved to 1.2%, reflecting enhanced asset quality, while the capital adequacy ratio stood strong at 18.7%, indicating robust financial health.

The Securities and Exchange Board of India (SEBI) has rolled out fresh regulations that modify how settlement amounts for securities violations are calculated. This revamped formula curtails the double counting of unjust gains in settlement assessments. Moreover, it introduces a fast-track process for cases where settlement amounts are less than 10 lakh, aiming for quicker resolutions while ensuring regulatory efficiency in handling securities issues.

After an eight-week slump, Indian equities experienced a robust rebound, highlighted by a notable rise in the BSE Sensex. This recovery was buoyed by declining crude oil prices, which eased from their recent peaks. While foreign portfolio investors remained in a selling mood, local institutional investors stepped in with strong buying activity.

Delhi protest: In New Delhi, traffic restrictions and heightened security measures have been implemented due to a planned protest. This demonstration is organized by the CJP, demanding the resignation of Chief Election Commissioner Gyanesh Kumar. Numerous key intersections in the city will experience diversions and restrictions, prompting police to maintain a heavy presence. Commuters are advised to avoid non-essential travel and to factor in additional time for their journeys.