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Vascon Engineering Ltd. has received a Letter of Intent (LoI) for a redevelopment project worth ₹162 crore in Mahalaxmi, Mumbai.

Panacea Biotec Ltd. has won a government order worth ₹127.2 crore from the Central Medical Services Society (CMSS).

The US Food and Drug Administration (FDA) has issued a 14-page Form 483 highlighting six serious observations at Hetero’s API Unit 9 in Narasapuram Village, Andhra Pradesh.

The inspection took place between September 19–26, 2025, raising compliance concerns for the company’s manufacturing operations.

The Nifty IT surged by over 1%, and these are the top three IT stocks.

Laurus Labs, Divi’s, Aurobindo in focus after Hetero FDA observations

The Nifty IT has surged monumentally, with a major 400 rise.

All members of the Tata Trusts are confident that the recent deliberations will lead to a resolution of the difference, sources close to the group told CNBC-TV18.

CNBC-TV18 Access  

Sources close to the Tata Group said all trustees have reflected on recent events and are confident that deliberations over the past few days will foster a harmonious working relationship.

There are no differences among trustees regarding the appointment of Noel Tata as Chairman of Tata Trusts.

Multi Commodity Exchange of India Ltd. (MCX) saw heavy buying on Thursday, with shares rising nearly 5%.

Shares of four BC Jindal Group companies—Jindal Photo Ltd., Jindal Poly Investment and Finance Ltd., Jindal Poly Films Ltd., and Jindal Worldwide Ltd.—rose 10% to 20% on Thursday, October 9, supported by very strong trading volumes, reflecting heightened investor interest in the group’s stocks.

GM Breweries Q2 Business Update:

SEBI’s derivative consultation paper is taking time due to its consultative & inclusive approach

Telecom Minister Jyotiraditya Scindia said India’s telecom sector remains highly competitive with four active service providers and one of the highest penetration levels globally.

POSITIVE

Garuda Construction & Engineering

Goodluck India announced that its subsidiary has commenced production at its new manufacturing plant in Sikandrabad, Uttar Pradesh.

Tata Steel Q2 Update

India and the United Kingdom have signed the terms of reference to reposition their Joint Economic and Trade Committee (JETCO).

The move marks a significant institutional reset aimed at enhancing the framework for strategic engagement between the two nations and accelerating the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA).

A M Karthik, ICRA On CNBC-TV18

Hindustan Copper Ltd. shares were active in trade following reports that Australia plans a $395 million rescue of Glencore’s copper smelter.

Glencore, a global leader in copper production and marketing.

PG Electroplast

Market Watch: Shilpa Rout, Senior Analyst-Derivative, Prabhudas Lilladher PrivateGold prices pulled back slightly on Thursday, October 9, after hitting all-time highs, as traders booked profits following a rally fueled by global economic uncertainty and expectations of US rate cuts.Spot Gold: Fell 0.4% to $4,020.99 per ounce, down from Wednesday’s record of $4,059.05.US Gold Futures: Declined 0.7% to $4,040.70 per ounce.India Prices: 24-karat gold at ₹12,415/g, 22-karat at ₹11,380/g, and 18-karat at ₹9,311/g (Goodreturns).Despite the slight pullback, analysts expect strong demand and a firm outlook for gold in the near term.

Sources tell CNBC-TV18 that Insurers may consider rolling back commission cuts entirely or partially to PolicyBazaar

These are the top Nifty contributors as the index surges.

After being listed at a significant discount to its issue price the day before, Om Freight Forwarders Ltd. shares are trapped in a 5% upper circuit on Thursday, 9 October.

After closing its trading debut with losses exceeding 35%, the stock is now trading 5% higher at ₹90.9.

 In a CNBC-TV18 exclusive, KV Kamath, Chairman of Jio Financial Services, shared insights on banking and corporate finance:

With investors keeping an eye on US fiscal developments, trade tariff issues, and FPI trends for additional clues, the rupee moved in a narrow range and dropped 3 paise to 88.78 against the US dollar in early trading on Thursday, October 9.

L&T bags order of more than ₹15,000 cr for Hydrocarbon Onshore Business

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