IDBI Bank shares rallied after the Union Cabinet approved the sale of a 60.72% stake to Fairfax’s subsidiary for ₹52,878.08 crore. The transaction remains subject to regulatory requirements.
Read MoreIDBI Bank shares rallied after the Union Cabinet approved the sale of a 60.72% stake to Fairfax’s subsidiary for ₹52,878.08 crore. The transaction remains subject to regulatory requirements.
LIC Housing Finance, Shriram Finance and HDB Financial Services led losses as investors assessed the potential impact of stricter daily CRR maintenance norms on banking liquidity, NBFC borrowing costs and margins.
Reliance Power shares closed 1.05% lower after the ED issued a provisional seizure order covering Sasan Power shares worth ₹2,026.65 crore and bank balances of ₹6.16 crore. The company has disputed the allegations and said the order remains subject to confirmation.
Canara Bank shares gained 3.44% after the lender reported an 8% rise in Q2 FY27 net profit. Net interest income increased 20%, while asset quality improved year-on-year.
BHEL shares climbed to ₹463.25 after the company reported a 120.1% year-on-year rise in Q2 FY27 net profit. Revenue increased 23.8%, while EBITDA margins improved to 11%.
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.
NSE IFSC and the London Stock Exchange will explore cooperation in cross-border listings, derivatives, equity indices and market-data distribution under an MoU signed on October 13, 2026.
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.
The Indian stock market is under pressure as geopolitical tensions, rising crude oil prices, higher US Treasury yields, rupee weakness and foreign investor selling trigger a broad-based sell-off in Nifty and Sensex.
Nifty Today: Indian markets faced heavy selling pressure as Nifty fell 370 points, crude oil surged above $105 and India VIX jumped 25%. US bond yields and geopolitical tensions added to market volatility.
NSE IFSC and the London Stock Exchange will explore cooperation in cross-border listings, derivatives, equity indices and market-data distribution under an MoU signed on October 13, 2026.
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.
The Indian stock market is under pressure as geopolitical tensions, rising crude oil prices, higher US Treasury yields, rupee weakness and foreign investor selling trigger a broad-based sell-off in Nifty and Sensex.
Nifty Today: Indian markets faced heavy selling pressure as Nifty fell 370 points, crude oil surged above $105 and India VIX jumped 25%. US bond yields and geopolitical tensions added to market volatility.
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