Markets

CEAT shares declined as the tyre maker reported lower profit and a contraction in operating margins for the September quarter. Investors will track whether revenue growth translates into improved profitability in the coming quarters.

Centrum Broking sees rising ARPU, driven by premiumisation and higher data consumption, as a key earnings lever ahead of Reliance Jio's upcoming IPO.

Leela Palaces Hotels & Resorts shares jumped nearly 6% after the luxury hotel operator reported strong September quarter earnings. Investors will watch whether robust demand from leisure travel, weddings, and corporate bookings sustains growth in the second half of fiscal 2027.

The insurer reported a 25% year-on-year rise in net profit to Rs 374 crore for second quarter of fiscal 2027, compared with Rs 299 crore in the year-ago period.

With valuations largely factoring in medium-term growth potential, the brokerage will look for clearer evidence of stronger execution on loan growth, the ability to better navigate industry, product cycles, and structural, not just cyclical improvement in return ratios.

Stock Market Live: Sectorally, Nifty IT extended gains, up over 1%, followed by Private Bank (0.77%). On the flipside, Nifty Metal and PSU Bank indices were the top drags.

Managing Director and CEO Rajesh Kumar Singh said the bank's estimated one-time ECL provision could range from Rs 12,000 crore to Rs 15,000 crore, up by around Rs 3,000 crore from its earlier estimate.

Brokerage sets a target price of INR 1,800 and sees Dhoot emerging as a key beneficiary of rising EV adoption, localization trends and growing demand for wiring harnesses and EV components.

The company's retail health segment maintains its strong momentum, gaining market share with significant traction in its Elevate' product, highlights the brokearage.

The exchange activated its sell-side "sidecar" mechanism following a sharp decline in index futures. The mechanism automatically suspends programme sell orders for five minutes to curb excessive volatility and stabilise the market during sudden price swings.

IDBI Bank shares fell 4.91% after the Cabinet cleared Fairfax's Rs 52,878 crore stake purchase, while CSB Bank rose 1.32% amid plans to merge the two lenders within two years.

Q2 Results Live: Wipro, Tech Mahindra, Nestle India, Polycab India, HDFC AMC and Angel One are among 48 companies scheduled to announce their Q2 FY27 results today, October 15. Track the latest earnings announcements, financial performance and market reaction live on NDTV Profit.

The selloff highlights the trade-off facing the Reserve Bank of India after its boldest effort in more than a decade to support the rupee

Tonbo Imaging IPO opened for subscription on Oct. 15 and will close on Oct. 19. The Rs 852.18-crore issue is entirely an offer for sale, with a minimum retail application of 21 shares requiring Rs 14,700.

Four mainboard IPOs are drawing investor attention on Oct. 15. Tonbo Imaging has the highest GMP at Rs 500, followed by Bonfiglioli Transmissions at Rs 178, Sahajanand Medical Technologies at Rs 41, and Zetwerk at Rs 22.

As the Adani Group's flagship incubator, Adani Enterprises has built a presence across a diverse set of sectors including airports, data centres, energy transition, copper and defence, IIFL noted.

Groww continues to report strong revenue growth YoY, driven by rising product adoption by users. Its brokerage business is gaining market share across segments, with its newer products, MTF and commodities, aggressively fueling further growth, believes the brokerage.

Zetwerk IPO opens for subscription today, October 15, and closes on October 19. The Rs 5,012.33-crore issue has a price band of Rs 143151 per share. Check the latest GMP, subscription status, lot size, allotment date, listing timeline and company financials.

The 22,500-22,550 zone has now emerged as an important support area. A decisive break below this band could invite fresh selling pressure, with the next major support placed around 22,180.

Jefferies maintained its Buy rating with a target price of Rs 2,050, citing a better-than-expected loss ratio and positive growth commentary.