Daily Market Update

Transformers & Rectifiers Q2 FY27 results

Transformers & Rectifiers Q2 Results: Revenue Rises 60.7% YoY to ₹739.44 Crore

Transformers and Rectifiers (India) Limited (TARIL) reported higher consolidated revenue and profit for the second quarter of FY2026–27, supported by increased revenue from operations and strong order inflows. The company’s board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, on October 13, 2026. Transformers & […]

Transformers & Rectifiers Q2 Results: Revenue Rises 60.7% YoY to ₹739.44 Crore Read More »

IT Stocks change

IT Stocks Lead the Charge! Sensex Jumps 800 Points, Nifty Reclaims 22,500!

Indian stock markets staged a sharp rebound on Friday, October 9, as IT Stocks emerged as the key drivers of recovery after the previous session’s heavy sell-off. The BSE Sensex surged around 800 points, while the NSE Nifty 50 moved above the 22,500 mark, bringing relief to investors. Strong buying in technology shares, particularly Tata

IT Stocks Lead the Charge! Sensex Jumps 800 Points, Nifty Reclaims 22,500! Read More »

rbi repo rate hike

RBI Raises Repo Rate to 5.50% as Inflation and Oil Risks Intensify

The RBI Repo Rate Hike has brought a fresh shift in India’s interest-rate cycle, with the Reserve Bank of India raising the benchmark repo rate by 25 basis points from 5.25% to 5.50%. The decision comes amid renewed inflationary pressures, higher crude oil prices and heightened uncertainty caused by tensions in West Asia. The rate

RBI Raises Repo Rate to 5.50% as Inflation and Oil Risks Intensify Read More »

HDFC Bank Anup Bagchi

HDFC Bank Names Anup Bagchi as New MD & CEO, Takes Charge on October 27

HDFC Bank Anup Bagchi has been appointed as the private lender’s next Managing Director and Chief Executive Officer after the Reserve Bank of India (RBI) approved his appointment for a three-year term. Bagchi will take charge of the country’s largest private-sector bank from October 27, 2026, succeeding Sashidhar Jagdishan. The appointment brings an end to

HDFC Bank Names Anup Bagchi as New MD & CEO, Takes Charge on October 27 Read More »

Fed rate hike

Fed Rate Hike Sends Wall Street Lower as Inflation Concerns Persist

US Federal Reserve raises benchmark interest rate by 25 basis points after a three-year gap; investors assess inflation risks and the possibility of further tightening The Fed rate hike has put global financial markets on alert. The US Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesday, marking its first rate

Fed Rate Hike Sends Wall Street Lower as Inflation Concerns Persist Read More »

NSE BSE pre-open session timings

NSE, BSE Revise Pre-Open Session Timings From Today

NSE BSE pre-open session timings have been revised from today, September 7, 2026, with changes to the order-entry and order-matching phases of the Pre-Open Auction Session. The overall pre-open session will continue to operate from 9:00 AM to 9:15 AM, the order-entry and order-matching stages within this 15-minute window have been restructured. The changes are

NSE, BSE Revise Pre-Open Session Timings From Today Read More »

September IPO Calendar

September IPO Rush: Jio Platforms, NSE Among Mega Issues as 25+ Companies Eye Over ₹70,000 Crore

India’s September IPO market is set for a potentially busy month, with more than 25 companies expected to tap the equity markets. Collectively, these public issues could raise more than ₹70,000 crore, provided some of the much-awaited large IPOs, particularly those of Jio Platforms and the National Stock Exchange (NSE), hit the market during the

September IPO Rush: Jio Platforms, NSE Among Mega Issues as 25+ Companies Eye Over ₹70,000 Crore Read More »

Crude Oil Price

Crude Oil Slide, Global Cues and FII Buying Lift Indian Markets

Indian benchmark indices opened higher on Wednesday, supported by positive global market signals, easing crude oil prices and continued buying by foreign institutional investors (FIIs). The market also gained momentum as investors remained hopeful that developments around the Strait of Hormuz could help ease concerns over global oil supplies. At around 9:45 a.m., the Sensex

Crude Oil Slide, Global Cues and FII Buying Lift Indian Markets Read More »

IPO Rush

IPO Rush Intensifies: ₹21,000 Crore Raised in August as Primary Market Heads for Record-Breaking September

India’s primary market is witnessing a sharp revival, with IPO activity accelerating through August and companies rushing to tap investor demand before the September quarter gains further momentum. As of August 25, 20 companies have collectively raised more than ₹21,000 crore through initial public offerings in August, making the month the busiest for IPO fundraising

IPO Rush Intensifies: ₹21,000 Crore Raised in August as Primary Market Heads for Record-Breaking September Read More »

sugar stocks fall

Sugar Stocks Fall Up to 5% After Duty-Free Import Approval

Sugar stocks came under pressure in early trade on Friday, August 21, after the government allowed duty-free imports of 1 million metric tonnes of raw sugar until October 31. The move, aimed at increasing domestic supplies and controlling record-high sugar prices ahead of the festive season, triggered sharp selling across sugar companies. Dalmia Bharat Sugar

Sugar Stocks Fall Up to 5% After Duty-Free Import Approval Read More »

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