Stock Market News: Correction Ahead, But Keep Your Gunpowder Ready — Talking Point
Here's a snippet into what our Senior Editor, Markets, Niraj Shah as to say on the markets this week. You can read the full story below:
This week the talk of the town is the market outlook for near term. The Indian markets have witnessed a remarkable pullback in the last few days. Does it seem stretched? To some, it does. To me, it does too.
Stock Market Today: Market At Close
Benchmark under performs broader market
NIFTY ends in red, below 25,800 mark
Nifty Midcap & Smallcap close largely flat with a negative bias
HDFC Bank, HUL, Axis bank drag Nifty lower by nearly 80 points
Nifty Metal emerges as top sectoral gainer, gains led by Hindalco & Hindustan copper
Nifty FMCG fell the most, HUL & Colgate fell the most
Nifty Oil & Gas gain for 6 out of 7 trading sessions
Nifty Auto & Nifty Pharma fell for 2 consecutive days
Nifty Metal gain for 3 consecutive days
Nifty IT & Media snaps 3 day gaining streak
Stock Market News Live: SBI Life Share Price
The shares of SBI Life dipped after the insurance company posted its second quarter earnings. The company reported a 6% dip in profit.
Stock Market LIVE Updates: ‘Don’t Invest In Stocks’: Shankar Sharma Told His Guard To Buy Gold
"Chup chaap, Gold main har month paisa daalte raho. Yeh stock market ki taraf khabardaar kabhi dekha to...," is the advice that veteran investor Shankar Sharma gave to his househelp and guard.
Shankar Sharma, known for early bets on Amazon and Apple, on Friday shared a 20-year-old anecdote of steering his house help, Teji, and guard Yadav away from the 2004-2007 stock bull market toward monthly gold buys and annual land investments. He said that this enabled the guard to purchase an apartment in Mumbai by liquidating portions of those assets.
Stock Market LIVE Updates: Samir Arora Says These Categories Will Outperform When FII Flows Return
Indian mid- and small-cap stocks will outperform their larger peers when foreign institutional flows turn positive, according to Samir Arora of Helios Capital.
"India's underperformance compared to emerging markets is too wide now. Investors in general are allocating to non-US markets, and India cannot be an exception," Arora told NDTV Profit in a televised interview on Friday.
Read the full story below:
Stock Market LIVE Updates: Kotak Rejects ‘Equities Vs Gold’ Debate
The traditional 'Equities vs. Gold' debate is largely irrelevant, according to Kotak Securities as the assets serve fundamentally different functions in household savings.
Kotak Securities in a recent note, said that equities are for investment and while gold acts as insurance. The near-term gold price drivers, like fear of missing out or FOMO and currency debasement arguments, appears weak to the analyst.
Read the full story below:
Stock Market LIVE Updates: Nifty 50 Check
The names leading gains in the Nifty 50 pack is Hindalco with over 3% gains. Names in the green include ONGC, Shriram Finance, Bharti Airtel and more.
The counters that were dragging the index are HUL after second qurter results. Cipla has also marked deep losses. Kotak Mahindra Bank and Ultratech are also counters trading in the red.
Stock Market LIVE Updates: Hindalco Share Price
The shares of Hindalco advanced over 3.66% during trade. These gains were part of the broader rally in the sector as the scrip led gains among the lot. The top gainer was NALCO while Hindalco closely followed these gains.
The scrip was also the top gainer on the Nifty 50 as of 12:43 p.m. The scrip was trading at Rs 821.40 apiece on the NSE as these gains compare to a 0.25% decline in the Nifty 50 as of 12:42 p.m.
Stock Market LIVE Updates: PTC Financial Shares Surge
PTC India Financial shares surges over 14% after posting its seconf quarter results. The net profit was up 86.2% to Rs 88.1 crore versus Rs 47.3 crore. While the net interest income was down 6% to Rs 72.3 crore versus Rs 77 crore.
The scrip was up 14.22% at Rs 39.92 apiece on the NSE. This compared to a 0.15% decine in the Nifty 50 as of 12:15 p.m.
Stock Market LIVE Updates: Ajanta Pharma To Consider Q2 Results, Interim Dividend On Nov. 3
Ajanta Pharma said its Board will meet on Nov. 3 to review unaudited financial results for the quarter and half year ended Sept. 30, 2025. The Board will also consider declaring the first interim dividend for FY26 and fix November 10 as the record date, the company said in its exchange filing.
BSE/NSE Live Updates: Stallion India Fluorochemicals Begins Work on 10,000 MT Bhilwara Facility
Stallion India Fluorochemicals has started groundwork at its 10,000 metric tonne manufacturing facility in Bhilwara, Rajasthan, according to an exchange filing.
Shares of the company were locked in 5% lower circuit at Rs 320.70 apiece as of 11:25 am.
Piyush Pandey’s Legacy: The Ad Man Who Redefined Indian Storytelling
Away from the numbers, a creative genius who shaped India’s advertising story is no more. Piyush Pandey, the mind behind some of the country’s most memorable campaigns—from Kuch Khaas Hai to Do Boond Zindagi Ke—leaves behind a legacy that transformed how India spoke through ads.
India’s October Composite Index at 59.9; Manufacturing and Services Ease
India’s business activity slowed slightly in October, with the HSBC Composite PMI falling to 59.9 from 61 in September. The Manufacturing PMI rose to 58.4 from 57.7, while the Services PMI declined to 58.8 from 60.9 a month earlier.
Stock Market Live: Hindalco Gains As Nifty Metals Shine
The shares of Hindalco advanced over 3.64% during trade. These gains were part of the broader rally in the sector as the scrip led gains among the lot. The top gainer was NALCO while Hindalco closely followed these gains.
The scrip was trading at Rs 821 apiece on the NSE as these gains compare to a 0.20% decline in the Nifty 50 as of 10:21 a.m.
Stock Market Live: What Is Causing Pain In Nifty FMCG
The demand recovery to be slower in the second half
GST rate rationalisation impact to spill over in Q3
Questions persist around volume recovery
Demand yet to pick up despite govt's push for consumption
Higher A&P spends and inflationary pressure impacting margins
Valuations still trade with premium
Stock Market Live: Midwest Share Price Jumps Post Listing
Shares of Midwest Ltd. made a strong debut on the stock market on Friday, listing at a premium of over 9% to the IPO price. The share price opened at Rs 1,165 on the BSE and NSE, compared to an issue price of Rs 1,065.
Read the full story below:
Also Read: Midwest Share Price Jumps After IPO Listing
Stock Market Live: Nifty Metal Index At All-Time High
The Nifty Metal index hit its all time high levels, rising to levels above 10,421. The index has risen 1.76% as of 9:56 a.m and this compares to a 0.03% decline in the Nifty 50.
Stock Market Live: Laurus Labs Share Price
The shares of Laurus Labs were down over 3% after the company posted its second quarter results on Thursday. The scrip had declined 3.02% in trade to Rs 906.2 apiece on the NSE.
The decline compared to the Nifty 50 trading with a 0.02% decline as of 9:38 a.m.
Stock Market Live: Federal Bank In Focus
Federal Bank is set to issue 27 crore warrants worth Rs 6,196 crore on preferential basis. The bank will issue 27 crore warrants at Rs 227 apiece to Blackstone
Blackstone is to get the right to nominate one Non-Executive Director once it holds at least 5% stake, according to an exchange filing.
Stock Market Live: HUL Share Price
HUL reported its second quarter earnings on Thursday and the consensus among top brokerages remains largely positive.
Names like Cti, Jefferies, and Goldman Sachs have maintained their 'buy' ratings, driven by the company's clear strategic focus on volume growth.
Despite this, the scrip has declined over 3% in trade so far to Rs 2,514.7 apiece on the NSE. The decline compares to a 0.04% decline in the Nifty 50 as of 9:30 a.m.
Stock Market Live: Colgate Share Price
Colgate-Palmolive Ltd. reported a 17% year-on-year decline in net profit to Rs 327.50 crore for the quarter ended September.
Following the subdued performance in the second quarter, brokerages including Citi, Investec, and Jefferies revised their target prices, with mixed outlooks on the company's near-term growth prospects.
The scrip slided 3% with the share price slipping to Rs 2,208 as of 9:27 a.m. This decline compared to a 0.11% decline in the Nifty 50.
Stock Market Live: Nifty, Sensex At Open
The Nifty 50 slipped lower after opening on Friday to levels below the 25,900 levels. The Sensex also shed over 100 points during early trade.
Stock Market Live: Stock On The Brokerage Radar Today
Cipla, Hindustan Unilever Ltd. (HUL), Colgate, Laurus Labs, Bharat Forge, and the Auto and Airlines sectors are drawing brokerage commentary today.
Analysts are providing insights on drug licensing deals, quarterly performance, strategic outlooks, and festive season sales trends.
Stock Market Live: Nifty, Sensex At Pre-Open
At pre-open, the NSE Nifty 50 was trading 0.16% higher at 25,929. The BSE Sensex was 0.22% higher at 84.729.
Stock Market Live: What F&O Cues
Nifty Oct futures is up 0.17% to 25,950 at a premium of 80.05 points.
Nifty Oct futures open interest down by -4.32%
Nifty Options Oct. 28 Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,000.
Stock Market Live: Kotak Securities On Equities Vs Gold
Equities versus gold debate may be somewhat pointless, given the different ‘roles’ of equities as an investment and gold as an insurance within household savings
The real issue of high gold imports and its macro implications for India is largely ignored. There is a fear of missing out or FOMO that is driving gold prices. Further, the 'debasement’ and other arguments seem weak.
Indians buying Indian equities and gold, foreigners selling equities and gold. Low ‘wealth effect’ of gold holdings on consumption, given the nature of holding.
Stock Market Live: Midwest IPO Listing Today
Midwest
The company is engaged in the business of exploration, mining, of natural stones. The company's shares will debut on the stock exchange on Friday. The public issue was subscribed to 87.89x on day 3. The bids were led by QIBs (139.87 times), NIIs (168.07 times) retail investors (24.26 times), Employee reserved (24.44 times).
Stock Market Live: Earnings Post Market Hours
Colgate Palmolive Q2 Highlights (YoY)
Revenue down 6.2% to Rs 1,519.50 crore versus Rs 1,619.11 crore.
Ebitda down 6% to Rs 465.43 crore versus Rs 497.35 crore.
Margin at 30.6% versus 30.7%.
Net Profit down 17% to Rs 327.50 crore versus Rs 395.05 crore.
PTC India Financial Q2 Highlights (Cons, YoY)
Net Profit up 86.2% to Rs 88.1 crore versus Rs 47.3 crore.
Net Interest Income down 6% to Rs 72.3 crore versus Rs 77 crore.
Sagar Cements Q2 Highlights (Cons, YoY)
Revenue up 26.7% to Rs 602 crore versus Rs 475 crore.
Ebitda up to Rs 51.3 crore versus Rs 19.9 crore.
Margin at 8.5% versus 4.2%
Net Loss at Rs 42.3 crore versus loss of Rs 55.6 crore.
Stock Market Live: Earnings Today
Dr Reddys Labs, SBI Life, SBI Cards, Latent view Analytics, Supreme Petrochem, Coforge, Cigniti Tech, Aditya Birla AMC.
Stock Market Live: GIFT Nifty Signals Positive Start
Good morning! Welcome to NDTV Profit's live coverage of the Indian equity markets. Here we bring you real-time updates, sharp analyst insights, top stock picks, and all the market-moving news you need. Stay tuned and stay ahead of the curve.
The GIFT Nifty was trading higher near 26,000 early Friday. The futures contract based on the benchmark Nifty 50 rose 0.11% at 26,040.5 as of 7:00 a.m., indicating a higher start for the Indian markets.
The benchmark indices ended flat but closed below the crucial mark of 26,000. Nifty 50 ended 0.09% higher at 25,891.40 and Sensex closed 0.15% higher at 84,556.40 on Thursday. The Nifty rose over 0.91% during the day to 26,104.20, while the Sensex was up 1.02% to 85,290.06.
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