News Overview

Tech Mahindra reported a 33% year-on-year rise in Q2 FY27 net profit to ₹1,586 crore, with revenue increasing 15.6% to ₹16,180 crore. The company declared an interim dividend of ₹15 per share and recommended a 1:1 bonus issue, subject to shareholder approval.

Federal Bank reported a record quarterly net profit of ₹1,386.09 crore in Q2 FY27, up 45.10% year-on-year. Net interest income rose 26.38% to ₹3,153.40 crore, NIM improved to 3.32%, and gross NPA declined to 1.32%, reflecting stronger profitability and improved asset quality.

Jio Platforms IPO GMP climbed to ₹225 on October 16 ahead of the expected October 21 subscription opening. Check the latest GMP trend and estimated listing price.

Jio Platforms IPO GMP climbed to ₹225 on October 16 ahead of the expected October 21 subscription opening. Check the latest GMP trend and estimated listing price.

South Korea’s KOSPI plunged 7.57%, while Taiwan’s market saw reported record foreign outflows of NT$302.5 billion. Semiconductor losses and US inflation concerns fuelled the Asian market sell-off.

Yes Bank shares fell 14.53% on October 15 after the Supreme Court reportedly dismissed appeals over the bank's ₹8,415 crore AT1 bond write-off. The stock hit an intraday low of ₹16.96 as investors assessed the potential financial implications.

Tonbo Imaging India IPO was subscribed 1.20 times by 12:21 PM on October 15, 2026, while its ₹500 GMP indicated a potential 71.43% listing premium. NIIs led subscription demand.

Canara Bank shares dropped 6.12% to ₹117.12 in early trade after management raised its estimated ECL provision to ₹12,000–15,000 crore. The bank also reported September-quarter treasury losses, despite an 8.4% rise in net profit.

HD Fire Protect IPO received 24.10 times subscription by 10:41 AM on October 15, led by NIIs at 76.28x. Its ₹90 GMP indicates an estimated listing price of ₹361, a 33.21% premium to the upper issue price.

IDBI Bank shares declined in early trade on October 15 after rallying around 9% in the previous session. LIC shares moved higher as investors assessed the proposed ₹52,877 crore stake sale to Fairfax Financial Holdings.