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Zerodha founder Nithin Kamath humorously acknowledged competitor Groww s IPO, noting a significant portion of applications came from Zerodha customers. Groww s IPO opened to a decent start, with the retail portion showing strong enthusiasm. Despite competition, both platforms are instrumental in simplifying investing for millions in India.

Arvind Fashions CEO Amisha Jain reported a settlement in BIS certification disruptions, leading to over 25% year-on-year growth in the footwear category during the July-September quarter. Reduced GST rates are expected to boost demand in the coming months, with premium apparel brands like US Polo, Tommy Hilfiger, and Calvin Klein maintaining strong growth momentum.

Wall Street s main indexes tumbled on Tuesday as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock market selloff, while AI favorite Palantir s sales forecast failed to impress investors.

Novelis Inc., a Hindalco subsidiary, reported a 27% year-on-year net income growth to $163 million for the September quarter, despite a fire at its Oswego plant. Net sales rose 10% to $4.7 billion, driven by higher aluminum prices, though adjusted EBITDA declined 9% due to tariff impacts and scrap prices.

Berger Paints India reported a 23% drop in September quarter profit. Extended monsoon rains affected demand. Revenue saw a slight increase. The company expects demand to pick up after Diwali. Improved weather and pent-up demand are anticipated. Raw material prices are also expected to aid gross margins.

Bajaj Financial Securities has acquired a stake in customer data platform Lemnisk through a secondary transaction, offering partial exits to early investors like growX Ventures. The deal highlights the growing demand for real-time customer data platforms and AI-driven personalization among Indian enterprises. Investors maintain their stakes, underscoring continued confidence in Lemnisk s long-term potential.

NSE Q2 Results: India s leading exchange NSE reported a consolidated net profit of Rs 2,098 crore in the September ended quarter, down 33% from Rs 3,137 crore reported in the year ago period. Company s revenue from operations in the quarter under review stood at Rs 3,677 crore, down 18% from Rs 4,510 crore in the corresponding quarter of the last financial year.

Fitch Ratings has upgraded its outlook for Adani Ports and Adani Energy Solutions to stable. The agency believes contagion risks for these Adani group companies have eased. Fitch maintained the BBB- rating for both companies and Adani Electricity Mumbai. The Adani group has shown access to diverse funding sources. Investments are continuing with capital expenditure picking up.

Ten Nifty500 firms, including Indian Oil, PVR Inox, Wockhardt, and IIFL Finance, swung from losses to profits in the September 2025 quarter, signaling strong recoveries and improving operational performance.