Bajaj leads the chart followed by Mahindra and TVS
The move brings some relief to investors who have seen TCS shares decline sharply over the past year
For investors, the opportunity extends beyond its established industrial operations to new growth avenues in heavy-duty gearboxes, infrastructure equipment and electric mobility
Conditional dealings commenced on October 9, 2026, while admission to the Official List and the start of unconditional trading are expected on October 14
The administrative freeze targets Indian IT companies TCS, Infosys, Wipro, HCL Technologies, and Cognizant, alongside Capgemini, Microsoft, and Adobe
The Supreme Court has expressed concerns regarding the proposed closure of Delhi Metro entry gates. It emphasized the challenges faced by commuters from the National Capital Region traveling to Delhi. The court recognized the need for regulating movement to maintain public order. However, it advised against implementing measures that could entirely disrupt transportation. The need for corrective steps by the government was highlighted to avoid inconvenience for many travelers.
European companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However, excluding energy, growth is forecast at 9.7%, while real estate earnings are projected to fall sharply.
Gold rate rose more than 1 per cent on Friday, helped by a softer US dollar and lower oil prices. However, for some buyers, gold price has become affordable.
Global economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is expected to expand by 4% driven by higher energy prices. Asia is forecasted to contribute 59% of global growth, with India at 7.3% and China at 4.5 %. The International Monetary Fund has set a 3% growth forecast, citing various risks.
US stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation expert Aswath Damodaran. However, with equity risk premiums falling below 4%, he warns that the rally hinges on whether AI investments can deliver the profits investors expect, raising the risk of a sharp market correction.
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.
Fresh positions built by participants led to a rise in silver prices, analysts say
