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Pace Digitek Ltd., a telecom infrastructure solutions provider, listed at ₹225 per share, above its issue price of ₹219. The company’s initial public offering (IPO) was open for public bidding from September 26 to September 30, aiming to raise ₹819.15 crore.The Bengaluru-based company will now be under market scrutiny as investors watch its trading momentum in the coming sessions.

The Indian rupee opened slightly stronger at 88.74 per US dollar on Monday, October 6, compared to Friday’s close of 88.77, aided by expected inflows from upcoming IPOs, according to currency dealers.

Last week, the rupee had touched a record low of 88.80. Traders noted that state-run banks were offering dollars in early trade, likely on behalf of the Reserve Bank of India (RBI), which has been actively intervening near the 88.80 level to curb further depreciation.

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Rajiv Sabharwal, MD & CEO of Tata Capital, spoke on CNBC-TV18 about the company’s growth and outlook.

Vodafone Idea slips nearly 5% ahead of AGR plea hearing.

Shares of Jubilant Foodworks Ltd. gained on Monday, October 6, after the company reported provisional numbers for Q2FY26. The stock, however, retraced from its opening highs.

The company’s consolidated revenue from operations rose 19.7% YoY to ₹2,340.4 crore, while standalone revenue increased 15.8% to ₹1,698.7 crore. Domino’s India reported a like-for-like (LFL) growth of 9.1%, and Domino’s Turkey posted LFL growth of 5.6%.

Jubilant Foodworks’ store network expanded to 3,480 outlets, with 93 new stores added during the July-September quarter, reflecting continued expansion in both domestic and international markets.

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Sanjay Mookim from JPMorgan shared his views on CNBC-TV18, highlighting the current trends in India and other emerging markets.

Hospital stocks up over 2% each after Central Government Health Services (CGHS) decides to revise rates, Fortis Healthcare up nearly 3%.

Manik Taneja, Executive Director – IT Services & Internet at Axis Capital, shared his views on CNBC-TV18 regarding the Indian IT sector.

HDFC Bank heading with minor gains & IndusInd Bank recovers on Q2 Update

Sudarshan Sukhani, Technical Trends

Buy Granules with a stop loss of ₹549

Buy Kalyan Jewellers with a stop loss of ₹481

Buy United Spirits with a stop loss of ₹1,337

Buy Tata Tech with a stop loss of ₹693

Mitessh Thakkar, Bonanza Portfolio

Sell Lodha Developers with a stop loss of ₹1,136 and a target of ₹1,070

Buy Nuvama Wealth with a stop loss of ₹6,690 and a target of ₹6,890

Buy Shriram Finance with a stop loss of ₹635 and a target of ₹665

Buy MCX with a stop loss of ₹8,050 and a target of ₹8,350

Motilal Oswal has upgraded Max Financial (MAXF) to BUY, with a target price of ₹2,000, indicating a potential upside of 25%. The brokerage highlighted that Axis Max Life is outgrowing the industry, reporting 15% APE growth and 32% VNB growth, driven by strong bancassurance traction and a scaling agency network.

The company’s product mix is increasingly tilted towards high-margin non-par and protection products, now accounting for 56% of APE, which is driving VNB margin expansion (+260bps YoY). A structural catalyst for Max Financial is the reverse merger with Max Life, expected to unlock synergies, simplify the structure, and trigger a valuation re-rating.

Motilal Oswal expects industry-beating APE and VNB CAGR of 18% and 21% respectively for FY25–28, reinforcing a positive outlook on the stock.

The shares of Aditya Birla Lifestyle have surged by over 9% after a large trade.

Market opens flat, Nifty 50 above 24,900; Financials & FMCG in focus on  Q2 Updates

In response to the September quarter business update that Avenue Supermarts Ltd., the parent company of the hypermarket chain DMart, released after market hours on Friday, its shares dropped on Monday, September 6.

Between July and September, DMart’s standalone revenue increased by 15.4% to ₹16,218 crore, which is somewhat below than the three-year Compounded Annual Growth Rate (CAGR) of 15.8%.

Bank of Maharashtra reported a strong performance for Q2, with growth across deposits, advances, and CASA balances, reflecting healthy business momentum.

The bank’s global business and advances saw robust year-on-year expansion, while the CD ratio improved, indicating better utilization of deposits.

Key highlights from Q2 update (as of Sep 30, 2025):

The Indian Rupee Opened At 88.74/$ Vs Friday’s Close Of 88.77/$

Nitin Aggarwal, Sr. Group VP, Head- BFSI, Institutional Equities, MOFSL

Nitin Aggarwal, Sr. Group VP, Head- BFSI, Institutional Equities, MOFSL 

Kotak Mahindra Bank reported  growth in its Q2 numbers, reflecting strong momentum across advances, deposits, and CASA balances. Net advances and deposits grew both on a year-on-year and quarter-on-quarter basis, indicating steady balance sheet expansion and customer traction.

Key highlights from Kotak Mahindra Bank Q2 update:

Jubilant Food Q2 Update            

Aditya Birla Life Brands Large Trade | 7.24 Cr Shares (5.93% Equity) Change Hands In A Block Deal Window

Matt Orton from Raymond James Investment shared his market views on CNBC-TV18, highlighting strong momentum in stocks with high exposure to the AI theme. While he remains positive on Japanese markets, he noted that India has lagged due to lacklustre earnings and higher valuations. Despite this, India continues to serve as a risk management tool within the emerging markets basket.

Key takeaways from Orton’s update:

Here’s a list of stocks that are in focus going into trade today

Stocks To Watch | Here’s a list of stocks that are in focus going into trade today

Stocks To Watch | Here’s a list of stocks that are in focus going into trade today

Poonawalla Fincorp reported a strong Q2 performance, with assets under management (AUM) rising 67.7% year-on-year and 15.4% quarter-on-quarter to ₹47,625 crore.

The company continues to maintain a healthy liquidity position, holding approximately ₹6,200 crore as of September 30, positioning it well to support future growth initiatives.

Shares of Angel One Ltd. are in focus after the broking firm reported its September and Q2 business update on Monday, October 6.

The company’s client base rose 1.5% month-on-month to 34.08 million from 33.57 million in August and grew 24% year-on-year. Gross client acquisition in September remained largely flat, increasing only 0.6% month-on-month to 0.55 million, while showing a decline of over 42% YoY.

The number of orders placed rose 16.1% compared to August, reaching 127.57 million, though on a year-on-year basis, order volume was down 18.6%.

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Here’s how the global market cues are placed this morning

Here’s how the global market cues are placed this morning

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