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Cupid shares hit a record high of ₹344.90 after entering the Nifty Smallcap 250 index. Nuvama estimates potential passive inflows of around $10 million, while strong Q1 earnings and upgraded guidance add to investor interest.

TCS shares gained 5.46% after Q2 FY27 net profit rose 4% QoQ to ₹13,884 crore. Revenue increased 11.2% YoY to ₹73,188 crore, while annualised AI revenue reached $3.1 billion and deal wins stood at $9.6 billion.

Trent shares surged 11% after Q2 FY27 standalone revenue rose 23% to ₹5,788 crore. Goldman Sachs raised its target to ₹3,010, while brokerages flagged competition and margin risks.

Titan shares declined nearly 4% on October 7 despite 25% year-on-year growth across consumer businesses in Q2 FY27. Nomura maintained its Buy rating with a ₹5,425 target, while flagging gold prices and competition as risks.

MobiKwik shares hit the 20% upper circuit at ₹242.14 on October 6 amid heavy trading volumes. The stock has broken out of consolidation, while promoter buying and stronger lending profitability add to investor interest.

Indian IT stocks traded higher despite the US suspension of several technology companies from the PERM Green Card process. TCS led the gains after its Q2 FY27 results, while investors assessed the potential impact on hiring, employee retention and operating costs.

The Sensex gained 745 points and the Nifty rose 1.13% on October 9, 2026, as TCS earnings lifted IT stocks and buying spread to banking, financial services and FMCG shares. Lower crude prices and a fall in India VIX supported sentiment, while global risks remained.

RBI raises the repo rate by 25 bps to 5.50%, its first hike since February 2023, while shifting to calibrated tightening. FY27 GDP growth forecast rises to 7.1%.

Jio Platforms IPO is expected to open on October 21, 2026, with a reported $3.8 billion issue. The IPO could value Jio Platforms at $143–146 billion and become India's biggest IPO.

Federal Bank, Kotak Mahindra Bank, SBI and Canara Bank shares gained on Friday. Goldman Sachs raised its targets for four lenders, while investors assessed how the RBI's repo rate hike could affect deposit costs and bank margins.