The Economic Times

Avalon Technologies shares sharply on Wednesday after an Rs 883 crore block deal involving 6.06% of the companys equity. Three promoter entities were reported to be the likely sellers. The transaction is estimated to be worth between Rs 861.9 crore and Rs 922 crore.

KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.

Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600 target price, implying 27% upside from Tuesdays close and nearly 98% above its Rs 807 IPO price. The stock had listed at a 21% premium at Rs 980.

Inox Clean Energy has filed its DRHP for a Rs 10,000 crore IPO with Sebi. The issue includes a Rs 8,000 crore fresh share sale and Rs 2,000 crore OFS. The company has a 9.29 GW renewable power portfolio and 6 GW solar module manufacturing capacity across India and the US.

Here are 10 small-cap stocks that could see the sharpest inflows and outflows.

Astana International Financial Centre is exploring potential collaboration with India's GIFT city due to regional proximity. This partnership aims to enhance financial services and investment opportunities between Kazakhstan and India. AIFC has established itself as a leading financial hub in Central Asia since its launch in 2018. Initiatives from AIFC include developments in sustainable finance and digital assets.

Power Mech Projects shares gained after securing a Rs 549.37-crore O&M order from Moxie Power Generation for its 2x600 MW Tuticorin thermal power plant, with the contract spanning five years.

Linux Laboratories, based in Chennai, has secured $70 million in funding from ChrysCapital and Tata Capital Healthcare Fund III. This investment comprises primary capital and a secondary purchase, with Tata Capital exiting fully. The company aims to enhance its presence in core specialties and expand into adjacent therapeutic areas. Linux Laboratories expects significant revenue growth in the upcoming years based on future projections.

Indian shares traded mixed as easing oil prices supported sentiment, while surging US bond yields kept investors cautious. Sensex gained around 130 points, while Nifty slipped below 22,700 amid weak global cues.

Cupid shares surged 7% after entering the Nifty Smallcap 250 index, extending gains to 16% in two sessions. The company has raised FY27 revenue and profit guidance following strong quarterly growth. Nuvama estimates around $10 million in potential inflows, while Cupid targets continued expansion across healthcare exports and consumer businesses.

Indian equities face continued pressure from global uncertainty, crude prices and foreign investor outflows, but analysts see domestic resilience and moderating valuations providing support. The Nifty has become relatively cheaper after its recent correction, with earnings still growing. However, the near-term outlook hinges on the index holding 22,600 and attracting sustained buying to prevent an eighth consecutive weekly decline.

Indias IPO market is on track for another strong year after raising over $13 billion so far, including a record $9 billion in the third quarter. Large deals and strong domestic demand support the pipeline, with numerous companies awaiting approvals. However, market volatility, investor selectivity and valuations could influence upcoming issuance and timing.

LTM, ABB India and Kaynes Technology India closed more than 2.5% below their respective VWAPs on September 29.

On September 30, investors will witness the debut of five small and medium-sized enterprise IPOs, including Coreintegra Consulting and Pooja Logistics. Among these, Liqvd Digital stands out with an impressive subscription rate of 5.08 times. Coreintegra and Pooja also performed well, with subscriptions of 1.40 times and 3.11 times, respectively, while S.K. Offset and Unitec Fibres showed lower but notable interest.

Foreign portfolio investors saw a notable outflow of $2.7 billion from Indian equities in September, marking the most significant withdrawal in the past six months. This trend has been driven by escalating oil prices and a tightening of global monetary policies. The rise in crude prices is straining India's current account and inflation expectations, which is weighing heavily on the rupee.

Vishal Nirmiti IPO opens on September 30 with a Rs 178-crore issue, comprising fresh shares and an OFS. The IPO has a Rs 208220 price band and a Rs 6 grey market premium.

On September 29, three stocks closed more than 3% above their respective VWAPs, according to StockEdges technical scan data, indicating stronger closing prices relative to volume-weighted averages.

Nityas Gems & Jewellery IPO opens on September 30 with a Rs 108.35-crore fresh issue. The IPO has a price band of Rs 7075 per share, while the grey market premium stands at Rs 5.

Lenskart Solutions reported a 182.3% YoY rise in Q1 FY27 net profit to Rs 228 crore, while revenue grew 33.6% to Rs 2,214 crore. EBITDA margin improved to 21.7%, with growth across domestic and international markets. The company also reported strong demand for both affordable and premium eyewear, highlighting the scaling potential of its international business.

Four Nifty 500 stocks, including MTAR Technologies, Mankind Pharma, CMPDI, and PTC Industries, formed a White Marubozu bullish candlestick pattern on September 29. Technical data from StockEdge indicates strong upward momentum across these counters, as closing prices touched session highs, signaling sustained buying interest among market traders.

Eight SME IPOs TNA Solutions, Omara Ventures India, Sollfege Smart Electronics, Eventions, Acme India Industries, Paramount Syntex, SJP Ultrasonics and Dove Soft open for subscription today, September 30, collectively seeking to raise around Rs 440 crore. Seven will list on BSE SME, while Eventions will debut on NSE SME.

BSE will enter the Nifty 50, replacing Wipro in the semi-annual index rejig, potentially attracting $668 million in inflows. Wipro could face $230 million in outflows after exclusion. BSE has delivered strong long-term gains, while Wipro has declined sharply in 2026 amid pressure on Indian IT stocks and sector concerns.

The Indian Coast Guard conducted an operation on September 25, resulting in the seizure of significant drugs. Five Pakistani nationals were detained during this joint operation with Gujarat Anti-Terrorist Squad. The drugs, valued at over Rs 3,000 crore, were transported by an Iranian boat. This operation emphasized the commitment to preventing transnational drug trafficking in India's maritime areas.

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, following IRDAIs proposed reforms to curb dark patterns and rationalise insurance commissions. Bernstein, Jefferies and Morgan Stanley have flagged potential pressure on earnings, distribution economics and valuations, with brokerages highlighting risks to health insurance and the POSP business amid regulatory uncertainty.

Bangladesh's 2024 student-led uprising was fuelled by a demand that coveted government jobs be awarded on merit, not through quotas. In 2024, it was proposed to reinstate quotas, sparking student protests.

A 78-year-old man's body was found in a freezer at a Mumbai daycare centre, four years after his death. His daughter, who reportedly believed in rebirth, allegedly helped preserve his body, with the family paying 1.6 lakh monthly. Police are investigating the case, and the woman has appointed lawyers to represent her.

Five Nifty500 stocks showed strengthening RSI momentum on September 29, led by Kirloskar Oil Engines, Cupid, TD Power Systems, Vedanta Power and Kirloskar Brothers, with RSI levels crossing above 50.

The benchmark Sensex and Nifty have both experienced significant declines in dollar terms this year. Foreign investors have been less interested in Indian equities due to various global factors. The rupee's depreciation has further amplified losses for overseas investors converting Indian investments. Despite the downturn, strong domestic mutual fund inflows have offset foreign portfolio outflows effectively. India's stock market faces challenges in maintaining investor sentiment amidst changing

KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company's net profit has notably decreased, attributed to project delays and financial cutbacks. Although management forecasts a rebound in the latter half of the year, the September quarter might reflect ongoing weaknesses.

Nifty fell significantly, closing at 22,716 after hitting a six-month low during the trading session. Foreign investors continued selling shares, contributing to market volatility, while domestic institutions showed buying interest. The rupee settled marginally higher due to RBI interventions and falling oil prices. Immediate support levels are identified around 22550-22500, with resistance expected at 22800-22900. Market sentiment remains cautious amid ongoing global economic concerns and local

Indian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, or 0.28%, closing at 22,716.20. Notably, Tata Steel announced a favorable tax order and made significant investments in its subsidiary. Other companies including Poonawalla Fincorp and Cummins India reported various corporate developments affecting their market positions.

During the initial nine months of 2026, investment banks generated fees totaling

An analysis indicates that more than 50% of companies within the BSE 500 are trading below their five-year average valuations. Furthermore, close to two-thirds of these organizations have not provided any returns in the past two years. Geopolitical tensions have resulted in marked volatility in energy prices, impacting logistics and commodity costs on a global scale.

Venu Srinivasan, trustee of the Tata Trusts, has called for an inquiry into alleged governance lapses. He raised concerns over trustees' involvement in Tata Sons' commercial affairs and their decision-making processes. Srinivasan questioned the status of Noel Tata and other trustees regarding significant decisions. He sought to prevent Noel Tata from exercising voting rights on matters related to Tata Sons.

Facing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pivot might cause a staggering loss of over 100,000 jobs as the industry reduces reliance on fixed sales teams. Brokers are expected to embrace more flexible cost structures and optimize sales output. Unfortunately, smaller brokers lack the established client base needed to weather these changes, risking their operational sustainability.

S&P Global Ratings has indicated that upcoming changes within the Tata Group may affect credit quality. The agency pointed out that leadership transitions could challenge the continuity of the group's strategies and financial policies. Significant growth plans exist for various Tata companies, emphasizing their importance to Tata Sons. A potential public listing of Tata Sons might introduce public shareholder scrutiny and impact group support assessments.