TCS Conducts First AI Hackathon, 2.8 Lakh Employees Join From 58 Countries
IT major Tata Consultancy Services (TCS) on Thursday concluded the first edition of the tcsAI Hackathon 2025 globally. The competition had massive participation from the company’s workforce, with over 2.81 lakh employees joining in from 58 countries, the company said.
Stock Market Today| Stock Market LIVE: Nifty Bank Rises To Over Two-Month High
The NSE Nifty Bank rose 0.81% to Rs 57,261.30, the highest level since July 24. ICICI Bank Ltd., HDFC Bank Ltd., and Axis Bank Ltd. shares supported gains
Q2 Earnings Update: DB Corp Share Price Rises After Net Profit Increases
DB Corp share price rose 4.85% to Rs 251 after the company reported an increase of 13.2% year on year in its consolidated net profit.
Stock Market LIVE: Nifty Rises To Over Three-Month High
The NSE Nifty 50 breached the day's resistance level to touch a over three-month high. HDFC Bank, ICICI Bank, and Axis Bank shares supported the benchmark index in achieving the level.
Q2 Earning Update Live: Nestle India Share Price Rises Despite Q2 Net Profit Decline
Nestle India Q2FY26 Highlights (Standalone, YoY)
Revenue up 10.5% at Rs 5,643 crore versus Rs 5,104 crore (Bloomberg estimate: Rs 5,350 crore)
Net profit down 23.7% at Rs 753 crore versus Rs 986 crore (Bloomberg estimate: Rs 762 crore)
Ebitda up 6% at Rs 1,237 crore versus Rs 1,168 crore (Bloomberg estimate: Rs 1,191 crore)
Margin at 21.9% versus 22.9% (Bloomberg estimate: 23.4%)
Note: Exceptional gain of Rs 91 crore in Q2 FY25 on slump sale of two businesses.
Track faster live update on Q2 earnings here
Stock Market LIVE: Ola Electric Mobility Launches Batter Ola Shakti
Ola Electric Mobility launched Battery Ola Shakti, to foray into batter energy storage system market.
It launched the batter in range of 1.5 kilowatt–9.1 kilowatt at introductory price starting at Rs 29,999 apiece.
It leveraged existing 4,680 cell technology via Ola Shakti Launch. India does not face energy shortage. It faces energy storage opportunity, the company said in the exchange filing.
Stock Market News: Route Mobile In Pact With Kalaam Telecom
Route Mobile is in pact with Kalaam Tedlecom for customer engagement services across the Middle-East. The company will deliver WhatsApp business services to companies across Middle East.
Stock Market LIVE: Top Gainers & Losers In Nifty 50 As Of 10:35 AM
Stock Market News: Godavari Biorefineries Gets Patent For Certain Compounds
Godavari Biorefineries received patent related to compounds for inhibition of unregulated cell growth, the company said in the exchange filing.
IPO News: Rubicon Research Debuts At Nearly 30% Premium
After receiving an overwhelming response for its initial public offer, Rubicon Research Ltd. listed on the exchanges at nearly 30% premium to its issue price.
Rubicon Research listed on National Stock Exchange at Rs 620, which implied 27.84% premium over its issue price of Rs 485. It listed on BSE at Rs 620.10 apiece, which indicated a premium of 27.86%.
Stock Market LIVE: MRPL Share Price Rises To Over Two-Month High As Q2 Net Profit Surges
Mangalore Refinery & Petrochemicals Ltd. share price jumped 8.73% to Rs 154.5 apiece, the highest level since July 24.
MRPL Q2 Earnings Key Highlights (Consolidated, QoQ)
Net profit at Rs 627 crore versus loss of Rs 271 crore
Revenue rose 30.5% to Rs 22,649 crore versus Rs 17,356 crore
Ebitda at Rs 1,489 crore versus Rs 180 crore
Margin at 6.6% versus 1%
Stock Market LIVE: Axis Bank Share Price Hits Over Three-Month High
Axis Bank Ltd. share price rose 4.04% to Rs 1,216.90 apiece, the highest level since June 30. It was trading 2.89% higher at Rs 1,203.70 apiece as of 9:31 a.m.
Sectoral Indices At Open: Nifty Realty Rises The Most
On National Stock Exchange, 12 sectoral indices advanced, one was flat, and two declined out of 15.
Nifty Contributors: Axis Bank, HDFC Bank, ICICI Bank Support Gains
Axis Bank Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Eternal Ltd, and Kotak Mahindra Bank Ltd. added to the NSE Nifty 50 index.
HDFC Life Insurance Co., Shriram Finance Ltd., SBI Life Insurance Co, State Bank of India, and Tata Consultancy Services Ltd. limited gains to the NSE Nifty 50 index.
Stock Market LIVE: Nifty, Sensex Extends Gains
The NSE Nifty 50 and BSE Sensex extended gains as Axis Bank Ltd., HDFC Bank Ltd., and Eternal Ltd. shares supported. The indices were trading 0.32% and 0.33% higher, respectively as of 9:21 a.m.
Stock Market LIVE: Apollo Micro Systems Approves Transfer Of Technology Of Mechatronic Fuze
Apollo Micro Systems approved the transfer of technology of mechatronic Fuze for grenade. It becomes the lowest bidder for orders worth Rs 39.3 crore.
LIVE: Rupee Opens Near One-Month High Against US Dollar
Rupee opened 25 paise stronger at 87.82 against US dollar
It's the highest level since Sept 17
It closed at 88.07 a dollar on Wednesday
Source: Bloomberg
JSW Steel Q2 Results Preview: Margin Expected To Contract Amid Softer Realisations, Strong Demand
JSW Steel Ltd. is set to announce its financial results for the second quarter of the financial year ending March 2026, with analysts expecting a mixed performance, as weaker realisations are likely to offset gains from robust domestic demand and steady volume growth.
Q2 FY26 Results Today: Infosys, Eternal, Jio Financial, LTIMindtree, Waaree Energies To Declare Earnings
Quarterly Results Calendar: In the ongoing earnings season, many big companies across sectors are scheduled to announce their results for the second quarter of the current financial year on Thursday. As many as 62 companies will declare their quarterly performance results for Q2FY26 on October 16.
Major companies announcing their second-quarter results include Wipro, Infosys, Eternal (formerly Zomato), Jio Financial Services, and Nestle India, among others.
Stock Market Today: HCLTech Interim Dividend: Last Day To Buy Shares To Qualify
HCLTech Ltd. will be of interest on Thursday, as it marks the last session for investors to buy shares to qualify for receiving the interim dividend before the stock goes ex/record-date.
Stock Market News: Gabriel Executes JV Agreement with SK Enmove
Gabriel India executed joint venture agreement with SK Enmove Co. on Oct 15, the company said in the exchange filing.
Stock Market LIVE: Macqauarie On Tata Communication
Reiterate Outperform with a Target Price of Rs 2,210
Digital highway star starting to shine
Digital Portfolio were in-line, while Core Connectivity was softer
Overall Core Connectivity revenue growth was soft at 1% YoY
Impact seen from overseas cable cuts
Constructive on the segmental revenue outlook linked to Inda's DC expansion plans
Forecast 11% revenue CAGR (Digital: 17%) alongside a 400bps improvement in EBITDA margin
Brokerages Radar: Axis Bank, HDFC Life And L&T In Focus
Axis Bank and L&T are the two major counters under brokerages' lens on Thursday, one on the back of second quarter earnings while the other has been marked as a 'quiet outperformer'.
While analysts have maintained a neutral stance on Axis Bank with an unchanged target price, L&T's target price was hiked by Jefferies as the stock has outperformed Nifty over a period one to five year.
Q2 Earnings Update: Quick Heal Results Key Highlights (Consolidated, QoQ)
Revenue rose 45.9% to Rs 83.5 crore versus Rs 57.2 crore
Ebit at Rs 5.9 crore versus Ebit loss of Rs 12.7 crore
EBIT margin at 7.1%
Net Profit at Rs 7.9 crore versus loss of Rs 5.5 Crore
Gold Prices Hit Another Record On US-China Tensions, Easing Fed Rates
Gold prices scaled a new peak for the fourth consecutive session in the international market on Thursday. Heightened US-China trade frictions and bets that the Federal Reserve will cut interest rates through the end of the year have supported demand.
The precious metal jumped 0.5% to $4,227 an ounce in the spot market. Bullion has risen about 5% so far this week amid a breakneck rally underway since mid-August. In October so far, the metal has appreciated by 9.5%.
Nifty, Sensex Today| Stock Market LIVE: JPMorgan On Hyundai Motor
Maintain Overweight with revised TP 2725 vs 2900 earlier
Strong mid term guidance provided in 1st Investor Day
Looking at 26 New Launch by FY30
Momentum on FY30 Plan on market share gains appears back ended
Est 4% cut in volumes due to delayed new model introduction
1 new launch expected in FY27 vs our expectaton of 2 earlier
Asia Markets LIVE: Japan's Nikkei 225, KOSPI Rise Amid Renewed Trade Tension
Japan's Nikkei 225 and South Korea's KOSPI rose amid renewed tension between China and US. The Nikkei 225 and KOSPI were trading 0.75% and 1.74%, higher, respectively as of 7:09 a.m.
LIVE: GIFT Nifty Suggests Positive Open; Axis Bank, HDB Financial, Kaynes Tech Shares In Focus
The GIFT Nifty was trading 0.18% or 45 points higher at 25,447.50 as of 6:30 a.m., which implied the benchmark NSE Nifty 50 index may open higher on Thursday.
Traders will monitor Axis Bank Ltd., HDFC Life Insurance Ltd., Oberoi Realty Ltd., and Delta Corp for second-quarter results. Dabur India Ltd., Kaynes Technology Ltd., RBL Bank Ltd., and Hero MotoCopr Ltd. shares will also be in focus because of the overnight news flow.
The NSE Nifty 50 and BSE Sensex snapped a two-day declining streak. The Nifty 50 ended 0.71% or 178 points higher at 25,323. The Sensex settled 0.70% or 575 points higher at 82,605.43.
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