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Srinivas Phatak has been appointed as the new Chief Financial Officer (CFO) of FMCG giant Unilever, with immediate effect. Phatak is now Unilever’s first Indian CFO.

From 2017 till the middle of 2021, he also held the position of CFO for Hindustan Unilever.

Christopher Wood, Jefferies, Says 

Christopher Wood, Jefferies, Says 

Christopher Wood, Jefferies On Indian Markets 

Cyient Semiconductors & Anora Partner to expand turnkey test & validation solutions

Market extends gains, Nifty rises above 25,200 intra-day for the first time since July 24, 2025.

Mother Dairy announces passing on of GST cut benefits to consumers

Vedanta shares jump 1.5%, along with Hindustan Copper

Ola Electric rolls out one millionth vehicle from its Future factory in Krishnagiri, Tamil Nadu.

The shares of this Vedanta group owned company also surged today

The shares of one of the largest telecom players is inching towards the ₹2,000 mark.

Devang Mehta, Deputy MD & CIO-Equities NDPMS, Spark Capital Private Wealth shares his views on stock market.

On market

We might look a little expensive, but on a lower base effect, at least from the third quarter of this financial year, we might see earnings coming in with better optimism, and probably also upgrades on the way. It’s too soon to talk about upgrades, but I think a lot of pessimism has also been factored in. With festive season demand coming in, probably this quarter also would not be that sort of momentum-led. But October-November-December is a quarter where Dussehra as well as Diwali fall, so there is clearly a festive demand. A lot of these consumption-related names, probably more of the discretionary and luxury consumption names, autos, and hotels, would do well. With that, also a lot of capex-related themes, as well as a lot of financials and credit growth-related themes, should start doing well. Probably, from hereon, the risk-reward looks very attractive as global markets are turning expensive. I was also doing the comparison where MSCI India is up by just 1% and MSCI Asia ex-Japan is up by 21% for this calendar year. So I think there’s a lot of money that could flow towards India. Probably couldn’t time it to perfection, but in the next three to six months, we can see a bit of FII flows also starting.

The shares of Gujarat Gas surged by over 2%

Gujarat Gas, Bharti Airtel, Hindustan Copper, and Vedanta shares gained between 1.5% and 4.3%, with Hindustan Copper leading the rise.

GMR Airports is buzzing in trade, up nearly 4%, at day’s high.

IndiGo | To launch Flights Between Mumbai & Copenhagen (Denmark) w.e.f Oct 8.

Zerodha CEO Nithin Kamath said regulatory risk is the biggest challenge for brokers, noting that weekly options could even be banned or restricted. He added that since most broker earnings come from traders, the risk is amplified. here

Oil Minister Says

JLR Says

The Nifty Smallcap index has outperformed all the other indices, including the front-line indices and the Midcap index.

Market Watch: Sneha Seth, Angel One

Awfis Space Solutions delivers a 67,000 sq ft innovation hub for eBay at Embassy Tech Village, Bengaluru.

Kotak Institutional Equities’ Kawaljeet Saluja said large IT firms face up to a 3% growth hit from Gen AI, along with macro headwinds and captive shifts. He prefers Infosys, Tech Mahindra, and Coforge in the current slow-growth phase. here

Ashwini Agarwal of Demeter Advisors said the Nifty is likely to remain in the 24,000–26,000 range due to high valuations, adding that stock selection will be key until corporate profitability improves. here

Chris Wood of Jeferries Speaks To CNBC-TV18 

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Suzlon Energy recovers from lows, trading at the day’s high on the biggest order win in FY26.

Pratik Gunvantraj Singhvi, CMD, Euro Pratik Sales On CNBC-TV18

THE IPO RUSH

Five IPOs Cleared By SEBI

IPOs Of 2025

Primary Market Interest

IPO                           Size (₹ Cr)  Subscription

Urban Co                      1,900       109x

Dev Accelerator                 143         64x

Shringar House Of Mangalsutra    401         60x

IPOs In The Pipeline

Issue                 Size (₹ Cr)

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