Market News & Updates

09 Oct 2026

Zetwerk weighs nearly Rs 5,000 crore IPO next week: Report

Zetwerk is preparing to launch an IPO as early as October 15, seeking to raise up to $525 million at a targeted valuation of $2.8 billion. The offering will include a fresh issue and a secondary sale by existing shareholders.

09 Oct 2026

Global Market: European stocks rebound as oil prices ease; telecom shares slide on SpaceX deal

European shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telecom stocks lag after SpaceX’s spectrum deal sparks concerns about rising competition for established wireless operators.

09 Oct 2026

Rs 1,024-crore market cap, Rs 10,000-crore order book: This penny stock jumps 11% after SAIL deal

SEPC shares jumped nearly 11% to Rs 5.47 on Friday after securing an Rs 854.57-crore contract from SAIL for its IISCO Steel Plant expansion in Burnpur. The deal pushes SEPC's consolidated order book past Rs 10,000 crore, nearly 10 times its market capitalisation, providing multi-year revenue visibility.

09 Oct 2026

How Do Family Offices Hunt for Multibagger Startups?

09 Oct 2026

US 10-year Treasury yield could hit 6% as oil prices, debt worries mount: Pimco CIO

The 10-year US Treasury yield could reach 6% for the first time since 2000, according to Pimco’s Dan Ivascyn. Rising oil prices, inflation concerns, mounting government debt and bond market pressures threaten financial stability. Higher yields could increase borrowing costs, weaken stocks and corporate bonds, and tighten global financial conditions.

09 Oct 2026

Ashish Kacholia sells over 2 lakh Carysil shares in Q2. How has the stock fared?

Ace investor Ashish Kacholia trimmed his stake in Carysil by over 2 lakh shares during the July-September quarter of FY27, reducing his holding to 2.72%. The kitchen sink maker’s stock has corrected sharply from its July peak after a strong rally earlier this year. Here’s a look at Carysil’s recent share price performance, long-term returns and analyst outlook.

09 Oct 2026

6 Defence stocks turn multibaggers in H1 FY27, rally up to 600%

The Nifty India Defence index rallied 25% in H1 FY27 despite broader market volatility, with 10 defence stocks gaining 50% to 600%. Six stocks, led by Sigma Advanced Systems, Unimech Aerospace, and MTAR Technologies, turned multibaggers by more than doubling investor wealth over six months, ACE Equity data showed.

09 Oct 2026

Pidilite shares rise marginally as company appoints Amit Agarwal CFO-designate

Pidilite Industries shares rose on Friday after the company appointed Amit Agarwal as CFO-designate and Senior Management Personnel, effective October 9, 2026. Agarwal brings over 22 years of finance experience and has previously worked with Pfizer, Hindustan Unilever and Vedanta Resources. He is a Chartered Accountant, Cost Accountant and Company Secretary.

09 Oct 2026

Explained: Why IT stocks ignored Donald Trump’s PERM suspension to gain Rs 70,000 crore in one day

IT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification programme. Strong Q2 results from TCS, easing oil prices and bond yields, and developments around OpenAI also supported sentiment. TCS gained after reporting 15% profit growth, while brokerages flagged near-term margin pressures and evolving AI-related risks.