Latest Stock Market News

Aditya Birla Lifestyle shares: The stock surged after a major block deal of over 7 crore shares (5.93% equity) took place. Flipkart Investments is reported to be the seller, with the deal executed at Rs 130 per share, totaling over Rs 900 crore. The transaction, attracting multiple institutional investors, highlights sustained interest in India’s premium lifestyle and apparel sector.

India’s mega IPO market, defined by issues over Rs 10,000 crore, has long disappointed investors, with Paytm, LIC, and Coal India leaving losses in their wake. However, the trend appears to be reversing: newer large listings such as Hyundai Motor India, Swiggy, and HDB Financial are trading above issue prices, suggesting the Rs 10,000-crore IPO curse may finally be easing.

Seven IPOs, from SME and mainboard segments, are set to debut amid mixed subscription levels. Grey market trends suggest cautious sentiment, with most listings likely to open around issue prices.

Poonawalla Fincorp shares surged following a strong Q2 FY26 business update. The company reported Assets Under Management of Rs 47,625 crore, up 67.7% YoY and 15.4% QoQ, along with a healthy liquidity of Rs 6,200 crore. Management highlighted a “risk-first” approach, robust risk management, and focus on sustainable long-term growth.

Forex traders said the rupee is trading in a tight range as it remains under pressure due to continued capital outflows and geopolitical developments.

The GST cut has boosted India’s auto sector, with tractors leading a 50% YoY surge and two-wheelers, PVs, and LCVs also gaining. Analysts see early festive-season traction, rural demand recovery, and strong OEM sales driving near-term growth, highlighting potential stock opportunities in tractors, PVs, two-wheelers, and auto ancillaries.

Tata Capital’s IPO positions it between Bajaj Finance and HDB Financial, offering investors a tactical growth opportunity with potential re-rating backed by its strong brand, capital base, and expanding retail book. Bajaj Finance remains the safest long-term play with stable compounding, while HDB Financial provides steady growth once asset quality stabilizes, catering to different investor profiles in India’s NBFC space.

Kalyan Jewellers shares: The stock dropped despite a strong Q2 FY26 performance. The company’s consolidated revenue rose about 30% YoY, driven by festive buying and strong market traction. India operations grew 31% YoY, supported by robust wedding demand and early festive sales, including Navratri. Same-store sales increased roughly 16%, reflecting steady underlying demand.

Q2 earnings, starting October 9, are expected to show modest 6% YoY growth for Nifty companies. Motilal Oswal highlights three investment themes—financials vs IT divergence, consumption revival, and new-age sectors—and recommends top large- and mid-cap stocks in autos, healthcare, BFSI, and technology for potential gains.

Shares of Yes Bank rose over the past week, supported by strong quarterly loan growth, improved CASA ratios, and investor interest after a strategic stake sale to Sumitomo Mitsui Banking Corporation. Provisional Q2 updates show robust growth in advances and deposits, while technical indicators point to a sustained bullish trend.