Stocks

Shares of the Big Mac maker are down nearly 31% from their February high and on track for their worst annual return since 2002

The gains were led Dow Jones Insutrial Average, up 0.26% at 51,482.7,Nasdaq Composite rose 0.13% at 26,973.28, while S&P 500 jumped 0.12% to 7,713.5.

The Nifty now trades at about 17.5 times one-year forward earnings, below its 15-year average of around 19.6 times. India's premium over other emerging markets has also narrowed to a 10-year low. So, the market is certainly cheaper than it was.

Among sectors, gains were seen in Nifty Realty, Nifty Auto, Nifty Metals, Nifty Private Bank and Nifty FMCG, while Nifty IT, Nifty Pharma dn Nifty Oil & Gas reeled under selling pressure.

ESDS Software Solutions shares made a strong debut on September 4 and has seen a significant rally since then. The stock was listed with over 76% premium at Rs 757 apiece against its IPO price of Rs 429 per share.

Vodafone Idea shares advanced 1.84% intraday to Rs 14.38 a piece. The scrip was trading 1.27% higher by 3 pm, while the benchmark Nifty 50 index was up 0.25%.

The bank's board will meet on October 17 to consider and approve the standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.

Anuj Sharma expects the demand for specialty gases to grow multifold as he believes semiconductor and solar cell manufacturing cannot scale in India without a reliable, high-purity gas and chemical supply chain alongside it.

The DGTR has recommended an anti-dumping duty of $1,526 per tonne on most covered imports from China. For a qualifying producer, Anhui Deli Glassware Group, the recommended duty stands at $703 per tonne.

Pearl Global is progressing ahead of its previously outlined targets across key operating parameters, adds the brokerage.

Mawana Sugars, KM Sugar Mills, Avadh Sugar & Energy, Uttam Sugar Mills, Dalmia Bharat Sugar, Shree Renuka Sugars, BalrampurChini Mills andDhampur Sugar Mills, among otherssurged up to 13%.

Blue Cloud's US subsidiary won a Rs 147 crore fixed-fee order from IBM Cloud for AI infrastructure services in the US. Investors tracking execution of the project, and further orders.