Latest Stock Market News

Canara Robeco Asset Management Company s Rs 1,326 crore IPO opens on October 9. The issue is priced between Rs 253 and Rs 266 per share. Analysts are optimistic about its long-term prospects. The fund house focuses on retail investors and has a strong AUM expansion. Its financial performance shows consistent growth. This IPO is seen as a steady, long-term investment.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Rubicon Research s Rs 1,377 crore IPO opens on October 9. The specialty and generics pharmaceutical manufacturer offers shares at Rs 461-485. Grey market premium indicates strong listing expectations. Arihant Capital recommends subscribing due to growth and product pipeline. The company shows a financial turnaround with surging revenue and profit. This IPO offers exposure to a fast-scaling pharma exporter.

Tata Consultancy Services announces its Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates challenges including employee separation, wage adjustments, and uncertain US demand. Key factors to watch include the impact of layoffs, US market outlook, revenue growth, and margin performance. Mega deals and vertical performance are also under scrutiny.

October 9 is the last day to buy shares of seven companies, including Harshil Agrotech, Laxmi Goldorna, and Narmada Macplast, to qualify for upcoming bonus issues. Stocks will trade ex-bonus from October 10, making today the critical cutoff for eligibility.

TCS share price: TCS is set to announce its Q2FY26 results later today, with brokerages projecting net profit between Rs 12,346–13,058 crore and revenue of Rs 64,200–65,700 crore. Analysts will track margins, BFSI growth, GenAI adoption, H1-B visa impact, and deal momentum.

Reliance Industries, despite its massive market capitalization, ranks third in Nifty 50 index weight due to its lower free-float shares. Banks like HDFC Bank and ICICI Bank hold higher weights because a larger portion of their stock is available for public trading, influencing the index more significantly.

A key SEBI official, Ananth Narayan, who spearheaded the probe into Jane Street Group LLC s alleged market manipulation, is set to depart as his term concludes. The investigation into the US trading firm, accused of exploiting India s stock and derivatives markets, continues as SEBI faces Jane Street in court. This high-profile case, involving significant financial stakes, has garnered global attention.