Stock Market News Live: Nifty Above 25,100, Sensex Trades Flat; Titan Top Gainer, Vodafone Idea In Focus
At market open Nifty 50 opened above the 25,000 levels while the Sensex opened flat. The stocks in focus, leading gains within the Nifty 50 pack are Titan following the Q2 update and Maruti Suzuki.
Stock Market News Live: Vodafone Idea Share Price Slips Lower
The shares of Vodafone Idea slipped over 1% ahead of the Supreme Court hearing. The SC earlier this week had deferred the hearing on a plea filed by the company against the duplication of AGR dues.
The top court will now hear the matter on Oct. 13. Solicitor General Tushar Mehta had requested the apex court to postpone the matter till next week.
Stock Market News Live: S&P Global On Indian Banks
S&P Global's outlook on Indian banks, according to Informist, is optimistic yet highlights potential risks.
The sector's credit growth is expected to revive from the second half of FY26 onward.
They project credit growth to be in the range of 11.5-12.5% over FY26 and FY27.
New Non-Performing Asset (NPA) formation is anticipated at 1.7-1.8% over the next two years.
This expected rise in NPAs is attributed to retail slippages.
Indian banks are seen as well-positioned to handle challenges like tariffs, rate cuts, and a weak Rupee.
The sector is considered poised for growth despite global economic uncertainty.
Tata Trusts Leaders Dial Government As Rift Widens Over Governance And Board Control
Top Tata Trusts leaders have dialed the government as internal tensions widen within one of India’s most powerful philanthropic and corporate institutions. Amid escalating discord among trustees, the Centre has taken cognisance of the rift and advised Tata Trusts to maintain institutional stability and resolve differences internally, sources told NDTV Profit.
Read the full story below:
Stock Market News Live: SML Isuzu Share Price
The shares of SML Isuzu rose over 2% to Rs 3,152 after SML Isuzu's total production for September rose by 21.6% year-over-year, reaching 1,049 units.
The company's total sales in September grew by 17.8% YoY, totalling 812 units. Total exports in September saw a significant jump, rising to 138 units compared to 67 units in the same month last year.
Stock Market News Live: Tata Capital GMP
The initial public offering of Tata Capital Ltd. will close for subscription on Wednesday, October 8. The biggest IPO of 2025 received a decent response from investors as the public issue was booked 0.75 times on Tuesday.
The IPO garnered bids for 24,96,66,472 shares against 33,34,36,996 shares on offer, according to details available with the BSE on October 7.
