Published on 07/10/2025 03:42 PM
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And on Facebook, LinkedIn, Instagram and TelegramMARKET AT CLOSEMarket Closes In The Green But Off Day’s High, Nifty Above 25,100Mkt Gains For 4th Straight Day But Mkt Breadth Favours DeclinesSensex Rises 137 Points To 81,927 & Nifty 31 Points To 25,108Nifty Bank Gains 135 Points To 56,239 & Midcap Index 274 Points To 58,289Banking Heavyweights Like Axis & Kotak See Profit BookingReliance Continues To Support Nifty On The Upside, Stock Up Nearly 1%Tata Motors Falls 2% Despite JLR Resuming Prodn At One UnitTrent Is Amongst Top Nifty Losers, Ends 2% Lower On Subdued Q2 GrowthLife Insurance Close Mixed, HDFC life & Max Slip While SBI Life RisesVodafone Idea Rises Nearly 9% Tracking AGR Case, Indus Twrs Up TooBharti Airtel Ends 1% Higher After A Minor Increase In Subscriber AdditionIGL Surges 6% As Rpts Suggest A Change In Tax Implication For Gas SourcingRail Stocks Surge As Cabinet Approves Projs Of `24,000 Cr, IRCON Up 7%Dreamfolks Rises 5% As Company Announces Foray Into B2C SegmentDivi’s, Titagarh Rail, Torrent Power, Amber Ent, Federal Bank Are Top Midcap GainersCESC, JSPL, Britannia, HDFC AMC, BoB, Hind Copper Are Top Midcap Losers
Indian markets have shut trading as at 3:30 pm IST.
Appoints Arijit Datta As The CFO Of The Co w.e.f October 8
Cabinet Approves Four Rail Projects Worth `24,634 Cr
Expect Earnings Growth To Reach Healthy Double Digits From Q3 Onwards
Indian Markets Are Currently Like A Compressed Spring: Lacking Momentum To Convert Potential Energy To Kinetic Energy
Consumption To Be A Big Theme Tactically For The Next Few Qtrs
Sources To CNBC Awaaz
DreamFolks Unveils Club Memberships, This Marks Its Foray Into B2C segment
DreamFolks Club Memberships Is A Strategic Shift From Its Previous Travel & Lounge-focused Cards
September General Insurance data shows mixed premium trends
The Foreign Currency Settlement System (FCSS) was introduced by Finance Minister Nirmala Sitharaman on Tuesday, October 7, in Gujarat’s GIFT City.
Speaking at Mumbai’s Global Fintech Fest 2025, Sitharaman stated that the FCSS would work to resolve problems with international transactions.
Tata Group Expresses Concern
CNBC-TV18 Exclusive | Sources Say
The World Bank on Tuesday revised its growth outlook for India, raising the FY26 forecast to 6.5% from 6.3% due to strong public investment and resilient domestic demand.
However, it trimmed India’s FY27 forecast to 6.3%, warning that higher US tariffs on Indian exports could slow growth. The tariffs, imposed by US President Donald Trump, cover nearly three-quarters of Indian exports, including textiles, gems and jewellery, and seafood, impacting about $50 billion worth of goods.
The bank also raised its growth outlook for China, reflecting stronger-than-expected domestic and external demand.
Gautam Baid, Equity Advisor at Complete Circle Stellar Wealth PMS, said Windlas Biotech has a solid track record of profitability and growth.
He added, ” In the last 5 years, the topline CAGR for Windlas Biotech has been 18% and the bottomline CAGR has been 30%. So, given that it trades on a one year forward PE multiple of just 20 times, we find the valuations pretty attractive.”
He highlighted that the key risk remains intensifying competition in the fragmented domestic pharma contract manufacturing sector.
QIBs: 1.67x, Total 1.05x, Retail 0.53x as on 2:30 pm, Oct 7, 2025, the last day of offering
The World Bank has raised India’s gross GDP forecast for FY26 to 6.5%, up from the 6.3% projected in June.
For FY27, the bank has revised the GDP estimate downwards by 20 basis points to 6.3%.
LG Electronics India IPO Update
WeWork India IPO Update
The Nifty Bank index is up by over 300 points.
Sources indicate that Tata Trust trustees are in New Delhi to meet government officials. Tata Sons Chairman is also scheduled to meet government representatives later this evening.
Reports suggest that both the Trustees and the Chairman are likely to meet a Top Cabinet Minister during their visit.
Nifty back above 25,200
Market Watch: Shrikant Chouhan, Kotak Securities
Shares of Bengaluru-based microfinance institution CreditAccess Grameen Ltd. traded lower on Tuesday, October 7, after the company reported provisional numbers for the September quarter.
Disbursements rose 33% year-on-year in Q2 and 27% in the first half of FY26, but were down 2.3% sequentially. The company opened 150 new branches in H1 FY26, including 96 branches in Q2.
Canara HSBC Life Ins To CNBC-TV18
Dabur Q2 Update
Brokers seek the continuation of weekly options expiry, and exchanges are also likely to seek the continuation of weekly options expiry.
Expect consolidated revenue to grow in mid-single digits
Operating profit to grow almost in line with revenue
Anticipate revenue growth to regain momentum in the coming quarters
GST Impact
Segments
Only 42% of the ₹3,000 crore issue has been subscribed for on the last day of bidding in WeWork India Ltd.’s three-day IPO, indicating a muted response thus far.
Only 1.07 crore of the 2.54 crore shares that are up for grabs during the IPO have been bought on by investors.
In an official announcement on Tuesday, Jaguar Land Rover (JLR), a luxury automobile manufacturing division of Tata Motors Ltd., announced that it will resume a phased restart of manufacturing activities on October 8.
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