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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.

SEBI receives a large number of representations with respect to weekly options expiry, and brokers seek the continuation of weekly options expiry.

AIA Engineering arm secures $32.9 million order in Chile

Sacchitanand Uttekar, VP- Research (Derivatives & Technicals), Tradebulls

Tata JLR In a Statement 

WeWork India Ltd.’s three-day IPO has seen a subdued response, with only 17% of the ₹3,000 crore issue subscribed as of Day 3.

Investors have bid for just 42.7 lakh shares, against 2.54 crore shares on offer. Among 46.23 lakh shares allotted to retail investors, only 22.44 lakh shares have been subscribed so far. Retail investors can bid for one lot of 23 shares, requiring a minimum investment of ₹14,904 per lot.

The grey market premium (GMP) remains flat, reflecting muted market enthusiasm for the IPO.

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Hindustan Copper slips in trade, nearly 4% off highs

Kidswear brand Gini & Jony adopts Unicommerce to boost its online business

Amitava Chatterjee, J&K Bank On CNBC-TV18

These are the stocks trading with higher-than-usual volumes among the Nifty 500 stocks (10-day average).

The Nifty index, while continuing to trade in green, is in a volatile space.

Company Board Approves Fund Raise Of Up To ₹80 Cr Via Rights Issue

Finance Minister Says | At Global Fintech Fest

Finance Minister Says | At Global Fintech Fest

FM Nirmala Sitharaman at Global Fintech Fest (GFF) 2025 said India is witnessing an unprecedented transformation.

Creditaccess Q2 Update

Rajiv Anand, Executive Director at IndusInd Bank, told CNBC-TV18 that the second half of the fiscal year is expected to be much stronger for the microfinance industry (MFI), which should bode well for the bank’s performance.

He expressed confidence that over the next three years, IndusInd Bank will be able to regain its pre-eminent position in the sector.

Anand added that the Reserve Bank of India’s newly outlined roadmap has brought clarity to the regulatory environment, eliminating uncertainty. He believes several banks will move quickly to adopt these guidelines, further supporting sector growth.

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