Sensex today | Stock Market Live: Stock to buy today: Aegis Logistics (₹1,291)

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ensex Today, Nifty 50 | Stock Market Live Updates: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 27th October 2026.

The BSE Sensex, which closed at 73,606.75 on Monday, opened at 73,484.38 and was trading at 73,276.08 at 9.20 am, down 330.67 points or 0.45 per cent. The NSE Nifty50, which ended Monday’s session at 22,753.20, opened at 22,708.80 and fell to 22,671.25, a loss of 81.95 points or 0.36 per cent as of 9.20 am.

Tuesday marks the monthly derivatives expiry on the NSE, a factor widely expected to amplify intraday swings.

The weakness in IT stocks came despite Wall Street’s overnight gains, driven in part by Anthropic’s IPO filing on Nasdaq that fuelled a rally in semiconductor stocks. The Dow Jones rose 0.3 per cent, the S&P 500 gained 0.7 per cent, and the Nasdaq advanced 0.8 per cent on Monday.

Crude oil remains a persistent overhang, with Brent hovering near $115 per barrel amid ongoing West Asian tensions and attacks on Saudi infrastructure.

Follow live coverage of our Q2 results here.

• October 27, 2026 11:08

  L&T Wins Orders for Dhaka Metro worth ₹5,000-10,000 crore.

  L&T Wins Orders for Dhaka Metro, worth ₹5,000-10,000 crore.

  Shares flat at Rs 3,700 on the NSE, Q2 results today.

• October 27, 2026 10:58

  Sunteck Realty Q2 profit rises 17% to ₹57 cr; income grows 27% to ₹334 cr

  Sunteck Realty Q2 profit rises 17% to ₹57 cr; income grows 27% to ₹334 cr

  Sunteck Realty Ltd reported a 17 per cent increase in its consolidated net profit to ₹57.11 crore in the quarter ended September on higher income. Its net profit stood at ₹48.96 crore in the year-ago period

• October 27, 2026 10:54

  Defence stocks rally: Apollo Micro Systems, Data Patterns, HAL, BEL surge as DAC clears acquisition push, Aequs tanks 19% after Q2

  Defence stocks rallied on Tuesday after the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, cleared acquisition proposals worth ₹2.12 lakh crore for the armed forces.

  Apollo Micro Systems and Data Patterns led the gains, rising over 8 per cent, while BEML, Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) also advanced. The defence index climbed close to 3 per cent to 8,907.90.

  Paras Defence, Sigma Advanced Systems, Mishra Dhatu Nigam (MIDHANI) and Garden Reach Shipbuilders & Engineers (GRSE) also gained 3–5 per cent.

  Aequs bucked the sectoral trend, slumping nearly 19 per cent after its second-quarter results. Read more

• October 27, 2026 10:43

  Nifty’s 4% correction offers attractive entry point for long-term investors: Kotak Neo’s Chouhan

  Nifty’s 4% correction offers attractive entry point for long-term investors: Kotak Neo’s Chouhan

  Market finds support at 22,200; recovery eyed above 22,800 amid volatility in mid and small caps and caution on crude above 120, says the analyst

• October 27, 2026 10:26

  HDFC Bank shares steady as Bagchi officially takes charge as MD & CEO

  Why are HDFC Bank shares steady as Bagchi officially takes charge as MD & CEO

  HDFC Bank shares edge up as Anup Bagchi takes over as MD & CEO, amid ongoing pressure and uncertain near-term outlook.

• October 27, 2026 10:16

  Onesource Specialty Pharma reported standalone net profit of ₹86.2 crore in Q2FY27 as against ₹37.1 crore in Q2FY26; Shares surged 6% to ₹1,478.60 on the NSE.

• October 27, 2026 10:16

  LTM Secures Strategic Engagement with a Global Banking and Financial Services Firm; Shares flat at ₹4,040.40 on the NSE

• October 27, 2026 10:15

  Thailand grants the Foreign Business License to the KFin Technologies (Thailand) Limited

  Kfin Tech informed that the Department of Business Development, Ministry of Commerce, Thailand has granted the Foreign Business License to the KFin Technologies (Thailand) Limited, a subsidiary of the Company

  Q2 results: 

  1. Revenue from operations grew 29.9% y-o-y to ₹401.8 crore

  2. EBITDA grew 18.7% y-o-y to ₹161 crore

  3. Profit after tax (PAT) increased 7.5% y-o-y to ₹100.3 crore

  Shares traded at ₹864 on the NSE after rising to ₹879 from ₹829 previous close.

• October 27, 2026 10:13

  Brokerages on One 97 Communication

  *MOSL on BSE* 

  Upgrade to Buy, TP Rs 4000 

  BSE: Earnings engine reignites!

  Notional ADTO surged 85% in Oct’26 MTD vs Aug’26. Partial CAS reversal effective 7-Dec’26 provides a structural catalyst

  With 30%+ premium market share & P/N ratio at 14bps vs NSE’s 20bps+, scope for further market-share gains and monetisation improvement remains significant

  Forecast 27% PAT CAGR over FY26-28 and raise FY27/FY28 PAT estimates by 10%/12%

  *Jefferies on MCX* 

  Buy, TP Rs 4000 

  MCX’s share price is down 12% over last month, consistent with Gold price correction

  This provides a good opportunity to BUY considering bullion is only 40% of transaction revenue vs 60% from energy, where Sep-Oct’26 ADTO is ahead of estimates

  If sustained through 3QFY27e, this could lift FY27e PAT by 4-5%

  Further, MCX offers a hedge against crude volatility, unlike global peers

  Trades at 36x FY28e EPS with 26% 3 yr EPS CAGR

  *Bernstein on One 97 Comm*

  O-P, TP Rs 2200

  Delivered strong revenue growth in 2Q27, led by financial services (+49% YoY, +12% QoQ) & marketing services (+26% YoY, +20% QoQ).

  Net payment revenue also grew a healthy 7% QoQ, though YoY growth was more modest at +8% due to PIDF revenue in last

  year’s base.

  Revenue growth was stronger than expected, but costs were also higher, with indirect costs up 14% YoY (+5% QoQ).

  Despite this, EBITDA increased 90% YoY (+33% QoQ), with EBITDA margin expanding to 10%.

  *MS on One 97 Comm*

  EW. TP Rs 1450

  Key Takeaways

  (+) Clean operating beat: Revenue up 28% YoY (beat estimate by 5%/; EBITDA Rs2.7bn (+91% YoY) – in line with MSe

  (+) Financial services revenue growth rose to 49% YoY (+5% vs estimate), led by merchant (50%+ of loans to repeat borrowers), postpaid & personal

  loans.

  (+) Expects a 2.5bps lift in payment processing margin from MDR on select UPI P2M transactions (implies Rs9.7bn on F28 GMV estimate).

  (=) Per management, DLG costs to rise from 3QF27 as largest lender resumes DLG; CM to dip near term, but management expects EBITDA to improve in

  3QF27.

  (-) Payment GMV was flat qoq and YoY growth moderated to 25% – industry growth itself moderated as festive season shifted to 3QF27

  *GS on One 97 Comm*

  Buy, TO Rs 2010 from Rs2070

  2Q had a number of positives:

  (i) Revenue growth was strong at 28% YoY (33% LFL) and should accelerate further as MDR revenue starts flowing in from later this FY;

  (ii) EBITDA was a 10% beat vs GSe, with margins continuing to expand;

  (iii) Paytm has now quantified its expectation from UPI MDR (+2.5 bps payment processing margin), and per our calculation this should translate into Rs8-9 bn in EBITDA in FY28, largely in line with our estimate though it should help the market build more confidence on incremental EBITDA opportunity;

  (iv) Financial Services growth further accelerated and Paytm is seeing improving trends in personal loans, and expects meaningful revenue/EBITDA from postpaid from FY28;

  (v) Paytm’s market share in payments saw another quarter of improvement, with one of the highest MTU adds in recent periods.

  The one negative in print was higher than expected capex (device related), which translates into higher D&A costs & thus leads to some cuts in EPS.

  *CITI on One 97 Comm*

  Buy, TP Rs 1940 from Rs1560

  2Q EBITDA/EBIT was +4%/+1% vs Citi at Rs2.7bn/Rs1.2bn.

  Net payment margins rose 0.5bps QoQ to 9bps (CitiE: +0.3bps QoQ).

  Financial services revenue growth accelerated to 49% YoY (45% YoY in 1Q; CitiE: 44% YoY).

  Management guided to +2.5bps net payment margin impact from UPI-MDR (Rs9bn in FY28E – along expected lines) & expects DLG mix in merchant-lending business to rise in near term (negative impact on near-term CM margins).

  Paytm is seeing growth acceleration in financial services and improvement in net payment margins even ex-UPI

  It is also upping investments in tech (AI), marketing and distribution (MTU acquisition, on-ground sales-fleet).

  *Jefferies on Paytm*

  Recommendation: Buy, Target: ₹2150 

  Q2: Momentum Stays Strong; MDR To Aid Profit & Investments 

  Sharp rise in Ebitda margin to 10% led by efficiencies 

  PBT was 17% above est., but PAT (pre-exceptional) was in line due to higher taxes 

  Rev growth is led by financial services (loan distribution, investments) 

  UPI-MDR will start post-Diwali & mgt sees 2.5bps on GMV as revenues

  *Bernstein on Sona BLW*

  OW, TP Rs 850

  Q2 Revenue growth (+35% YoY) reflects several levers coming through together: traction motors gaining share, strong recovery in differential assemblies, & suspension motors scaling in China

  Business enters H2 with a broader base of growth & further programs to ramp

  While declining percentage margins will understandably attract attention, don’t think earnings case require a return to historical peaks while revenue opportunity continues to expand

  Management has, however, retained its 23-25% EBITDA margin framework

  *CITI on Sona BLW*

  Buy, TP Raised to Rs 960 from Rs830

  Strong beat in 2QFY27 results, driven by a robust revenue growth.

  Suspension motors, traction motors and differential assemblies segments saw strong trends.

  Demand outlook remains positive, with tailwinds for global EVs as well as domestic E2W sectors .

  New products are likely to result in Sona’s growth being higher than underlying industry’s.

  Orderbook trends improved with (Rs251bn now vs Rs240bn as of 1QFY27 end).

  That said, margins are likely to remain under pressure, given 1) severe material cost inflation, 2) increase in freight rates, & 3) mix shift towards 2W traction motors (low margin).

  *Kotak Inst Eqt on Sona BLW*

  Sell, TP Rs 700 from Rs675

  2QFY27 EBITDA came in 9.5% above estimates due to a better-than-expected revenue print

  Expect revenue growth to accelerate, owing to

  (1) recovery in differential assembly business,

  (2) strong momentum in traction motors and railway segments

  (3) incremental opportunity in differential gears.

  Beyond current products, expect Physical AI & BEV traction motor opportunity to drive medium-term growth prospects

  Valuation remains expensive, which drives SELL

  *JPM on Sona BLW*

  UW, TP Rs 600

  2QFY27 a beat vs expectations.

  Revenue of Rs 15.5bn (+35% YoY) was 7% above JPMe, while EBITDA of Rs 3.6bn (+23% YoY) was +5% vs JPMe

  EV revenues grew 129% YoY due to a combination of:

  1) normalisation of differential assembly revenues in North America,

  2) traction motor growth in Indian 2W/3W EVs, and

  3) suspension motors ramp-up in China

  Raising FY27-29 revenue and EBITDA forecast by 9-13% and 5-10%, respectively

  This should drive an EPS CAGR (FY26-29) of 23%, but stock is already trading at 47xFY28 P/E

  *Jefferies on Sona BLW*

  Recommendation: Buy, Target: ₹950 (Earlier Target: ₹900) 

  Q2 Beat and Good Order Traction 

  Secured new orders across differentials, radar sensors and motors & motor controllers 

  Recent partnership with Denso and entry into robotics & physical AI has also opened up big opportunities 

  Valuation is rich, but multiples should sustain given strong engineering capabilities and growth potential

  *CLSA on Tata Cons*

  O-P, TP Rs 1372

  Reported sales growth of 14% YoY (11% UVG for India business), 3% above CLe.

  Ebitda grew 17%, in line with estimate.

  Salt business volumes grew +9% with tea volumes flat.

  Growth business delivered 42% revenue growth, vs 47% last quarter, despite a difficult base driven by strong growth in Sampann (+57% YoY, largely volume led).

  TCPL expects tea business growth to accelerate, better margins YoY and sequentially (2HFY27 vs. 1HFY27) driven by price increases (tea, salt, cap foods) and rising scale efficiency for growth businesses.

  *HSBC on Tata Cons*

  Buy, TP Rs 1170

  Q2FY27 results were a marginal beat driven by non-India business; India business margins remained flat qoq

  ‘Growth’ businesses grew by 40% (Q1: +47% yoy). 50-70bp margin improvement remains a focus (FY27 HSBCe: 40bp)

  India margin trajectory near-term trigger

  *GS on Tata Cons*

  Buy, TP Rs 1325 from Rs1440

  Strong 2QFY27 despite a tough environment, largely in-line with estimates

  India business: Double digit volume growth and 17% revenue growth, pricing to significantly accelerate in 2H

  ‘Growth’ businesses deliver 40% growth driven by Sampann & RTD

  Capital Foods and Organic India domestic growth at 24%, exports impacted due to shipping delays

  Salt continues to deliver strong growth, tea muted

  Management reiterated their guidance for 50–70 bps of consolidated EBITDA margin expansion in FY27

  *MS on Tata Cons*

  OW, TP Rs 1202

  2Q revenue, EBITDA and adj. PAT grew +14%, +17% and +18% YoY, which was +1%, +1% and -3% vs MSe.

  EBITDA margin was 13.8% (+31bps YoY, +30bps QoQ; MSe 13.9%).

  Strong top-line growth momentum is positive - India branded revenue growth rose to +17% (13% each for last 3 quarters) with volume growth at +11% YoY.

  Management guided for YoY EBITDA margin expansion in 2H, without committing to 50-70bps guidance for F27.

  Margin concerns, though valid, are in price.

  *CITI on Tata Cons*

  Buy, TP cut to Rs 1225 from Rs1400

  Delivered another strong quarter – consolidated revenue/ EBITDA grew 14%/17%

  Growth construct remained healthy: India underlying volumes grew 11%, salt volumes grew 9%, and growth businesses increased 40%, led by Sampann and RTD.

  While India tea segment revenue remained soft and domestic margins faced inflationary pressure (across tea, salt and other inputs), see a clearer margin-recovery path through 2HFY27E. Pricing actions across multiple categories are yet to flow through fully and should help mitigate India margin pressures.

  Stronger international and non-branded profitability provide further support at the consolidated level.

  *Jefferies on Tata Cons*

  Buy, TP cut to Rs 1250 from Rs1450

  TCPL remains a key beneficiary of rapid rise of Q/C, esp. for growth portfolio (+40% YoY), which contributed c38% of India business in 2Q, with this share set to reach c50% in 3Y.

  Overall, 2Q was ahead despite inflationary pressures in tea/salt, but product price hikes should help ahead.

  International saw a revenue decline but saw margin expansion.

  FY27 guidance of 50-70bps YoY EBITDA margin expansion stays

  *Kotak Inst Eqt on Mankind Pharma*

  Buy, TP Rs 3035

  Reported a strong 2QFY27, driven by healthy growth across domestic formulations, BSV and international markets.

  It is confident of outperforming IPM by 1.1-1.2X at least over next two quarters.

  OTC franchise remains sole area of concern, with growth yet to pick up

  Mankind’s base business is showing tangible signs of recovery, reflected in improving volume growth, a richer chronic-care product mix and sustained momentum in BSV

  Expect Mankind to report a robust 23% EPS CAGR over FY2026-29.

  *JPM on Mankind Pharma*

  Neutral, TP Rs 2700

  Delivered a 2Q beat, with revenue 3% ahead of JPMe led by strong India Rx and healthy exports growth, offsetting consumer weakness.

  India growth was about 16% YoY but was helped by a low base, so sustainability of the outperformance remains to be seen.

  EBITDA margin came in at 27%, about 100bps ahead of expectations, but mgmt maintained full-year margin guidance of 25.5–26.5%

  Consumer guidance has been cut to single digits from HSD-DD, although mgmt remains confident of double-digit growth from next year, supported by faster scaling in e-commerce and quick commerce where mix rose to about 18% in 2Q vs. about 12% last year

  Raise EBITDA estimates by 3–4% on better visibility in India Rx & exports

  Maintain Neutral as want more consistent India outperformance & a clearer consumer reset; more colour on ACTx is awaited at investor meet today

  *Macquarie on Mankind Pharma*

  U-P, TP Rs 2200

  2Q revenue, EBITDA and adj. PAT beat estimates by 3%, 4% and 12%, respectively

  EBITDA beat was driven by revenue beat, better-than-expected gross margin, operating leverage and lower-than-expected R&D expenses

  PAT beat was driven by the EBITDA beat, higher-than-expected other income, and a modestly lower effective tax rate.

  BSV remained strong across key brands, while consumer healthcare was subdued due to softer category offtake and weakness in eastern and southern India.

  Net debt declined to Rs26.4bn from Rs33.8bn in June.

  Management maintained FY27 EBITDA margin guidance at 25.5–26.5%, despite the 2Q margin of 27.1%, with operating leverage expected to remain supportive.

  *Bernstein on Mankind Pharma*

  UW TP Rs 2057

  While Q2 is historically stronger for Mankind, believe Q2FY27 provided limited incremental evidence to justify its premium valuation.

  Excluding better-than-expected operating leverage, headline numbers were largely in line with estimates.

  Domestic growth of 15.9% appears healthy, but recovery remained uneven: gastro and vitamins improved, while anti-infectives grew only 5.4% and consumer healthcare 1.2%.

  Volume growth of 6.7% deserves credit, but management had already guided to a better Q2.

  Seasonally stronger acute demand, an easier GST-affected base and limited contribution from new brands also leave us reluctant to extrapolate headline growth.

  Consumer recovery has been pushed out again, reinforcing initiation concerns around weakening momentum & slow brand creation.

  Exports surprised positively, while BSV continues to build a better execution record

  Margins beat estimates, but management retained 25% guidance set at beginning of the year

  *Jefferies on Mankind Pharma*

  Recommendation: Buy, Target: ₹2900 (Earlier Target: ₹3220) 

  No Longer Waiting for Godot 

  Q2 results beat; strong Q2 was driven by robust domestic growth and solid export momentum 

  This resulted in gross margin gains and operating leverage 

  Domestic formulations grew 16% YoY, finally outpacing industry growth 

  Muted consumer healthcare growth was the only weak point in Q2

  *Jefferies on ITC Hotels*

  Buy, TP Rs 220

  Delivered a sharp beat, with consol EBITDA up 37% YoY (12% beat); ex-Sri Lanka residences, hotel Rev/EBITDA grew 17%/28% YoY with margins up 270bps.

  RevPAR rose 21%, mirroring strong sector trends, while mgmt fees grew 25% YoY.

  ITCH completed the Welcomhotel Ahmedabad conversion, added a Lucknow land parcel, & targets 10% key CAGR over FY26-31 (+3-4% CAGR owned keys)

  Raise EBITDA by 3-5% (14% EBITDA CAGR over FY26-FY29e).

  *HSBC on ITC Hotels*

  Buy, TP Rs 205

  Q2FY27 EBITDA beat consensus by 6%, and margin expanded by 200bps; RevPAR grew by 21% YoY

  No guidance for FY27 but management indicated low-double digit to mid-teen earnings growth for next 3-4 years

  While its domestic operating ROCE was 19.5%, group ROCE is still low due to its Colombo assets and big treasury income

  *HSBC on Ather Energy*

  Buy, TP raised to Rs 1800 from Rs1600

  Ather reported a strong 2Q with a surprise EBITDA break-even despite demanding commodity headwinds

  This operational resilience should further raise market confidence in Ather’s ability to scale in long-term

  Near-term risk is muted response to Konarc

  *Nomura on Ather Energy*

  Buy, TP Rs 2070 from Rs1926

  2QFY27: EBITDA margin at +0.8% (Nomura: -2.6%, Consensus: -2.7%)

  Stronger growth visibility with Konarc; reaffirm as top 2W pick

  Q2 ASPs and margins beat consensus; stronger bookings a key positive

  Ather trades at 4.0x FY29F EV/sales, which find very attractive considering its much higher growth potential vs peers

  *HSBC on Dalmia Bharat*

  Downgrade to hold, TP cut to Rs 1820

  Muted volume growth, large cost increases, and asset impairment drive net loss

  Acquired assets to remain a drag in 3Q with breakeven targeted for end of FY27

  *MS on Dalmia Bharat*

  UW, TP Rs 1640

  Reported results were very weak – volumes struggled, partly on seasonality, while cost metrics stayed stretched.

  Though operating leverage benefits should accrue in 2H, variable costs are expected to stay elevated, partly offset by recent price hikes.

  Maintain relative UW on weak profitability

  *CITI on Dalmia Bharat*

  Buy, TP cut to Rs 1900

  At Rs4.9bn (3% below), 2Q EBITDA fell 29% yoy – higher costs (9%) offset the benefit of volumes (+3%) and realizations (+1%).

  EBITDA/t (adj): Rs694 (Rs746 ex central assets) vs. Rs1,055 in 1Q and Rs1,010 last year.

  QoQ EBITDA/t contraction on lower realizations, higher costs, lower volumes, JPA losses.

  Net D/EBITDA 2x vs. 1.5x in 1Q.

  2Q has been disappointing, with little visibility on cost improvement in 3Q; however, medium-term progress on premiumization/costs could yield favorable returns.

  EBITDA/t is likely to expand – variable cost increases +JPA losses to be offset by better operating leverage, reasonable mix, and higher prices.

  $60 EV/t is inexpensive

  *CLSA on Dalmia Bharat*

  O-P, TP cut to Rs 2000

  2Q result was sharply below expectation &weaker than peers due to an adverse geographical mix, market share loss, losses in acquired assets and an accentuated cost impact.

  Near term profitability is likely to improve on cement price hikes, higher fixed cost absorption and the ramp-up of assets, partly offset by higher fuel costs.

  Over medium term, execution on both asset utilisation and cost savings will be key to watch.

  While valuations are undemanding, triggers look back-ended.

  *Jefferies on Dalmia Bharat*

  Buy, TP cut to Rs 2125

  Delivered a weak SepQ, with EBITDA down 29% YoY on East region underperformance (weak vols/px) & higher costs.

  While industry-wide px hikes should support 2H recovery, JPA-related losses will increase in 3Q before easing

  Co also announced an unexpected mgmt transition, with CMO becoming advisor to Mr Dalmia & CFO taking new charge of sales/marketing

  Cut EBITDA by 7-11% to reflect NT weakness

  *CLSA on Supreme Ind*

  Hold, TP Rs 3500

  Reported strong 2QFY27 results with Ebitda up 45% YoY, in line with estimates, helped by robust volume growth (+19% YoY) and price increases.

  It revised FY27 volume growth guidance to 10% (vs 12-13% earlier) and maintained Ebitda margin at 14-14.5%.

  This looks demanding, despite recovering PVC prices (spot c.25%+ vs June exit), given ask rate for the rest of the year is 17%+.

  A strong October (23% volume growth) and price hike announcements provide some comfort

  Raise FY27-29CL PAT 2%-10% on better volumes and profitability

  *CITI on Supreme Ind*

  Sell, TP Rs 3000

  At Rs4.3bn (~8% ahead of est) Supreme’s 2Q EBITDA was up 45% yoy on higher volumes (+19% yoy) and likely inventory gains from higher PVC (and other polymer) prices.

  EBITDA/kg was Rs23.4 vs Rs25.3 in 1Q and Rs19.3 in 2QFY26.

  Supreme has lowered their FY27 total volume growth guidance to ~10% (vs 12-13% earlier) & 13% for plastic pipes division (vs 15-17% earlier).

  Note that Supreme’s revised guidance would still imply a volume growth of 22% in 2HFY27 for the plastic pipes segment (vs 2% growth in 1HFY27).

  With a strong base in 2HFY26 (+17% yoy, channel restocking), think there is further downside risk to FY27 volume guidance.

  Further, with PVC prices close to peak, some channel destocking and reversal of some of the inventory gains recorded so far is likely.

  *MS on Urban Co*

  OW, TP Rs 190

  Analyst day takeaways

  a) improvement in growth in India consumer services NTV ex Instahelp is structural;

  b) reiterated outlook of 3QF28 breakeven and Rs10bn F31 at consolidated adj EBITDA level;

  c) balance sheet is already strong so fund-raising is for strategic flexibility.

  *GS on Urban Co*

  Neutral, TP Rs 130

  Analyst day key takeaways

  (i) UC could continue to grow NTV higher than its guided 20%+ in the core business, with even stronger visibility on margins;

  (ii) Core business moats continue to get stronger, with improving densification and partner utilisation driving accelerating user growth;

  (iii) Foray into Air Conditioners is unlikely to be material to capex or alter Native’s margin trajectory;

  (iv) A large part of InstaHelp investment is towards market build-out, which will drop off in a few quarters, helping UC reduce losses in the segment even if competition stays elevated, per the company;

  (v) Announced capital raise is likely to be deployed either towards M&A or to keep buffer if Instahelp competition becomes more intense, but UC is unlikely to enter new product categories or geographies.

  *UBS on Urban Company*

  Recommendation: Buy, Target: ₹180 

  Densification breeds a step change in growth trajectory 

  Conclusion from Analyst Day: See upside risk to Rs 1000 cr EBITDA guidance by FY31 

  Operating leverage is coming through despite higher marketing investments 

  Fundraise provides strategic flexibility to pursue inorganic opportunities over next 2-3 years 

  Fundraise is building relative balance sheet strength while signalling willingness to compete aggressively in InstaHelp

  *BofA on Urban Company*

  Recommendation: Underperform, Target: ₹150 

  Focusing on right levers; Traction strong across segments 

  Steady Core business, InstaHelp burn may be high in near term 

  InstaHelp to remain in deliberate burn to win the category 

  India core: Flywheel intact; Salon Now opens a use case 

  In planned AC foray, the company would remain capex light & asset light

  *Citi on Bharti Hexacom*

  Recommendation: Buy, Target: ₹1870 (Earlier Target: ₹1700) 

  Superior growth warrants premium valuation 

  A cleaner way to play India telecom growth 

  Gov’t stake sale an overhang, but also a potential clearing event 

  Shift preference to Hexacom over Airtel among the telcos

  *Jefferies on Vodafone Idea*

  Recommendation: Buy, Target: ₹16 (Earlier Target: ₹20) 

  Attractive risk-reward 

  Stock has corrected 23% despite improving subscriber trends 

  Ongoing network rollouts, along with tariff hikes, should position Vodafone Idea well to deliver 11%/25% CAGRs in revenue/EBITDA over FY26-29 

  At 21x EV/cash EBITDA, shares trades below 5-yr average multiples 

  See 25% potential downside and 143% potential upside in bear and bull scenario

  *JPM on KEI Ind*

  Upgrade to OW, TP Rs 4650 from Rs5650

  Believe risk/reward has turned attractive following a 35% correction from its recent peak

  OW because:

  (1) underlying growth is likely to improve

  (2) mix shift could protect margins

  While two negative catalysts - UTCEM entry & a margin expectation reset - have driven substantial underperformance (KEI -27% vs Polycab -12% and NIFTY 50 -5% since UTCEM C&W launch event on 3-Sep), believe KEI continues to offer exposure to structural theme of electrification/energy transition, with applications across power T&D, renewables, infrastructure, data centers, mobility electrification and exports

  See a sharp correction in copper prices as key downside risk from here

  *Jefferies on AB Real Estate*

  Recommendation: Buy, Target: ₹1600 (Earlier Target: ₹1880) 

  Reported strong P&L in Q2 on a project delivery, with non-core asset sale proceeds helping turn the balance sheet nearly net cash 

  New project additions have picked up pace, though same will likely get launched from late FY27 onwards 

  Management focusing on long term value maximisation 

  Delay in Worli launch would impact near term pre-sales even as commercial buildout gains visibility 

  Stock trades at 45% NAV discount

  *Jefferies on Adani Power*

  Buy, TP cut to Rs 240

  Sept Qtr EBITDA was 21% above estimates given higher than expected merchant sales

  Raise FY27E EBITDA and PAT by 6-8% but retain FY28E-30E estimates as proportion of merchant reduces with signing of incremental PPAs.

  Management retained their 2032 capacity guidance of 45 GW, with land and equipment already tied up for 42 GW.

  *Macquarie on Eris Life*

  O-P, TP Rs 1575

  2QFY27 revenue and EBITDA were 2% above MQe, and adjusted PAT was mostly in line.

  Revenue and EBITDA were also in line, while adjusted PAT was 7% ahead.

  Domestic revenue rose 14.1% YoY, while growth excluding the portfolio licensed to Zorvia Healthcare was 16.5% YoY.

  Sales growth was led by OAD, cardiac, and VMN, with diabetes +18.5% versus +16.1% for IPM, supported by insulin, semaglutide, and other recent launches.

  International revenue was flat YoY but rose ~15% QoQ, reflecting resilience in the base business despite ongoing EU CAPA remediation at Swiss Parenterals.

  *Elara Capital on APL Apollo Tubes*

  Recommendation: Buy (upgraded from Accumulate), Target: ₹2503 (Earlier Target: ₹2312) 

  EBITDA per tonne guidance raised to ₹6,000 from ₹5,000–5,500 

  Sales volumes hit a record 0.96 million tonnes, reflecting a 13% YoY growth 

  Reiterated its capacity expansion target to 8 million tonnes by the end of FY28 

  Earnings per share estimates were raised by about 5% for FY27 and 3% for FY28

  *UBS on Auto*

  Festive update: Tractors outperform cars in festive; MHCVs tracking double digit growth 

  Festive demand continues to grind lower - 2Ws +11%; cars -9% 

  Base gets tougher from now on 

  Channel check points to low single digit decline in tractors so far 

  2W market share: Hero/Bajaj tracking 90bps/80bps decline vs. 110bps gains for TVS

  *Goldman Sachs on Defense* 

  Approved proposals worth Rs 2.12 lakh cr for all the three forces 

  Focus on combat equipment for both Army and Navy 

  Proposals related to Light multi-role helicopters likely to aid Hindustan Aeronautics 

  DPSUs such as Hindustan Aeronautics, BEL, Mazagon Dock Shipbuilders and BEML could be positioned to benefit from the proposals approved 

  Of the current Acceptance of Necessity, 82% of the procurement to be made from within the Indian Industry 

  This benefits the entire India defense ecosystem

  *Kotak Securities on Defence* 

  Rs 2.1 lakh cr of approvals reflect a shift to unmanned and air-defense capabilities 

  ~82% of the proposed procurement value is earmarked for domestic industry 

  Marks the largest DAC approval of FY27 so far and nearly doubles FYTD Acceptance of Necessity to Rs 3.7 lakh cr 

  Unlike the land-mobility-heavy September package, this tranche is skewed toward unmanned systems, counter-UAS, short-range air defense and helicopters, alongside major indigenous naval platforms

  BEL has the widest multi-item exposure 

  Hindustan Aeronautics gains from two helicopter programs 

  Bharat Dynamics from VSHORADS and IAF weapons, and the drone ecosystem 

  Order accrual from this tranche will largely fall in FY2028-30E

  *HSBC on PB Fintech*

  Recommendation: Hold, Target: ₹1150 

  Key debates on the stock revolve around its ability to grow while rationalising costs, margin outlook, and what is priced in 

  Given the significant variation in the potential impact of regulatory outcomes and its own initiatives, we look at different scenarios 

  See downside risks in fewer scenarios, but upside catalyst will depend on execution clarity

  *Investec on Sheela Foam*

  Recommendation: Hold, Target: ₹625 (Earlier Target: ₹700) 

  Recent price correction has made valuation more reasonable 

  See 20% EPS CAGR over FY27-29 

  Bake in conservative revenue growth of 7% CAGR over FY26-29, average EBITDA margin at 9.7% 

  Issues - input-cost pressures, demand sensitivity to pricing, downtrading risks and competition from D2C mattresses with lower TDI and polyol content

• October 27, 2026 10:11

  Today's commodities market view by Akshat Siddhant, Lead quant analyst, Mudrex

  Gold is consolidating near $4,000/oz after hitting a three-month low of $3,975, as easing oil prices offer some relief. However, markets continue to assign over 80% odds to a December Fed rate hike, limiting gold’s recovery. Silver remains under pressure below $54/oz, near an 11-month low. In energy markets, WTI slipped to around $101/barrel and Brent fell 1.4% to $110 as diplomatic efforts to end the Iran war gained traction and tanker flows through the Strait of Hormuz neared pre-war levels. The rupee weakened for a third session to ₹95.22/$, pressured by crude prices, a stronger dollar and rising US yields.

• October 27, 2026 10:10

  Rupee falls 7 paise to 95.22 against US dollar in early trade

  Rupee volatile, depreciates 7 paise to 95.22 against US dollar in early trade on Tuesday

  Rupee slips to 95.22/$ in early trade amid RBI intervention hopes, oil spikes, and FII outflows despite mixed domestic cues.

• October 27, 2026 10:05

  Ather Energy shares surged 6% to ₹1,672.80 on the NSE. Continues to rally for the second session. It posted a consolidated profit after tax (PAT) of ₹1.26 crore in Q2

• October 27, 2026 10:02

  Coforge Partners with Driving Forward to Expand Career Pathways for First-Generation and Under-Resourced College Students in Chicago; Shares flat at ₹1,989 on the NSE

• October 27, 2026 09:44

  MCX Crude Oil Falls Over 1% in Early Trade; Brent Slips to $114.72

  Crude oil futures traded lower on Tuesday morning following reports of renewed diplomatic efforts to ease tensions in West Asia. At 9.42 am on Tuesday, December Brent oil futures were at $114.72, down by 0.94 per cent, and December crude oil futures on WTI (West Texas Intermediate) were at $100.84, down by 0.90 per cent. November crude oil futures were trading at ₹9617 on Multi Commodity Exchange (MCX) during the initial hour of trading on Tuesday against the previous close of ₹9723, down by 1.09 per cent, and December futures were trading at ₹9469 against the previous close of ₹9567, down by 1.02 per cent.

• October 27, 2026 09:40

  Aequs shares fall 19%

  Aequs shares fell 19% to Rs 196.50 in early trade from the previous close of Rs 242.40. At 9.37 am, it traded at Rs 206.35. Its standalone net profit of Rs 1.79 crore in Q2FY27 compared to Rs 4.06 crore in June 32026 quarter and Rs 1.68 million in Q2FY26.

• October 27, 2026 09:38

  Expiry day nerves: Sensex, Nifty open in red as IT drags; FMCG, Defence buck the trend

  ​

  Expiry day nerves: Sensex, Nifty open in red as IT drags; FMCG, Defence buck the trend

  Benchmark indices opened lower on Tuesday, October 27, 2026, dragged by selling in information technology and metals stocks even as fast-moving consumer goods and defence counters held firm.

  ​
• October 27, 2026 09:36

  SFC Environmental Tech raises ₹200 crore from anchor investors

  SFC Environmental Tech raises ₹200 crore from anchor investors

  Wastewater treatment solutions provider SFC Environmental Technologies Ltd has raised ₹200 crore from anchor investors as the company's ₹668-crore Initial Public Offering (IPO) opens for subscription on Tuesday.

• October 27, 2026 09:36

  Gold eases on firmer dollar ahead of Fed decision

  Gold slips weighed down by a firmer US dollar, while investors looked ahead to the Federal Reserve’s policy meeting for fresh guidance

  Gold eases as a firmer dollar steadies ahead of the Fed decision and PCE data, with markets pricing a December rate hike despite a potential pause.

• October 27, 2026 09:35

  RailTel secures ₹131.88 crore order from Postal Life Insurance

  RailTel Corporation of India Ltd. (”the Company”) has received the Letter of Acceptance (LoA) from Directorate Of Postal Life Insurance, Department Of Posts. (Order size: Rs 131.88 crore.)

• October 27, 2026 09:34

  LEAP India Subsidiaries Sign Business Transfer Agreements With Vimprotech and TIPS

  LEAP India: Vimprotech Private Limited (“Acquirer 1”), (wholly owned subsidiary of LEAP India Limited) (“LEAP”) has executed a Business Transfer Agreement (“BTA 1”) on October 26, 2026 with Ms. B. Sumitha, sole proprietor for the sole proprietorship firm, Vimprotech (“Vimprotech”); 

  Total Integrated Packaging Solutions Private Limited (“Acquirer 2”), (wholly owned subsidiary of LEAP) has executed a Business Transfer Agreement (“BTA 2”) on October 26, 2026 with M/s. Total International Packaging Solutions (“TIPS”), a partnership firm represented by its partners Ms. B. Sumitha, Mr. R.B. Arvind and Mr. R.B. Gautham Srinivas

• October 27, 2026 09:33

  Va Tech WABAG secures order from RIL

  Va Tech WABAG secures order from RIL to deliver Mega Desalination Plant and Remineralisation Plant at Jamnagar

  Shares surged over 4% to Rs 1785.90 on the NSE.

• October 27, 2026 09:33

  Tata Trusts chairman Noel Tata has challenged the resolution to reappoint N Chandrasekaran as the chairman of Tata Sons

  Tata Trusts chairman Noel Tata has challenged the resolution to reappoint N Chandrasekaran as the chairman of Tata Sons, which was passed at the September 17 board meeting of the holding company of the country’s largest conglomerate.

  Major Tata Group stocks today: 

  • TCS (-1.61%)
  • Tata Consumer (+3.99%)
  • TMPV (-0.51%)
  • Tata Motors (+3.31%)
  • Tata Chemicals (+1%)
  • Tata Steel (+0.09%)
  • Trent (+0.54%)
  • Tata Tech (-1.07%)

  TML CV Holdings Pte. Ltd., a wholly owned subsidiary of Tata Motors, has informed the Company that its wholly owned subsidiary, TML CV Holdings B.V. has received provisional results communicated by BNP Paribas, Italian Branch, acting as the Intermediary Responsible for Coordinating the Collection of the Acceptances. As of the date hereof 238,157,212 Common Shares have been tendered in acceptance to the Offer and TML CV Holdings B.V. has reached a shareholding of 89.42% of the Issuer’s common share capital, net of the Treasury Shares.

• October 27, 2026 09:32

  Tata Consumer surge, Paytm flat, Sona BLW, ITC Hotels, BOM, KFin Tech, Ather gain after Q2 results, Dalmia, Sumitomo, Aequs shares tank

  Follow our live coverage here
• October 27, 2026 09:31

  Global bits

  Japan: Ex-BOJ chief Kuroda supports further rate hikes, while his former deputy urges caution; September services inflation rose 3.7% YoY, with a possible December rate hike in focus.

  South Korea: Q3 GDP beat expectations on strong AI-chip exports and investment, but the central bank warns exports could fall by up to $100 billion if AI spending slows.

  China: Industrial profit growth accelerated, while the yuan reached a four-year high against the dollar ahead of key policy meetings; concerns over the AI bubble persist.

  United States: Stocks rebounded on optimism over Anthropic’s IPO filing, while consumer sentiment fell close to a record low amid inflation concerns; the Fed is expected to pause rate hikes this week.

  Canada: Markets expect the Bank of Canada to raise rates by 25 bps on Wednesday to prevent energy-driven inflation from spreading.

  United Kingdom: Retail sales sentiment remains weak despite a better-than-expected survey; rising costs are pressuring businesses, while the government plans a £20.4 billion boost for state-backed lenders.

  Eurozone: Businesses face tighter credit conditions amid higher energy costs; the euro weakened ahead of ECB policy decisions, with inflation risks elevated.

  Spain: Industrial producer prices surged 18.3% YoY in September, up from 13.2% in August, signalling mounting cost pressures.

  Brazil: President Lula’s election victory triggered sharp declines in stocks and the real; fiscal sustainability, public debt and structural reforms remain key economic challenges.

  Indonesia: Authorities tightened stock-market oversight after MSCI raised concerns about opaque trading and the risk of a market-status downgrade.

  Saudi Arabia: Oil prices eased on hopes of Middle East de-escalation, but attacks on Saudi Arabia and shipping routes continue to threaten supply and keep prices elevated.

  Source: Reuters

• October 27, 2026 09:30

  BTC Today | $80K level remains a key near-term support | CoinSwitch

  BTC continues to trade around $80K as investors assess a busy week of economic events. The upcoming Fed meeting, US inflation figures and earnings from major technology companies will be key drivers of market sentiment. While interest rates are expected to remain unchanged at 3.75%–4%, elevated oil prices and volatility in global equities remain important factors to monitor. Separately, Strategy, one of the largest corporate BTC holders, has temporarily halted its BTC accumulation, allocating nearly $205 million toward preferred-share buybacks as part of its capital management strategy. The $80K level remains a key near-term support said CoinSwitch Markets Desk

• October 27, 2026 09:28

  Bitcoin today| Mudrex report

  Bitcoin continues to hover around $80,000 as weakness in AI-linked tech stocks weighed on crypto sentiment. Crude remains elevated, bringing back inflation concerns. BTC is down over 4% this month following three consecutive weekly losses. However, short-term selling pressure appears contained, with only 19,800 BTC moving to exchanges in 24 hours. Meanwhile, corporate treasuries such as Strive added 6,182 BTC last week, taking its holdings to 43,000 BTC. Along with Wednesday’s FOMC meeting, the US midterm elections remain key catalysts for price action. Support has now moved to $78,500, with resistance standing at $81,000, Prateek Gupta, Head of Business, Mudrex.

• October 27, 2026 09:27

  Crypto Market | Expert take| Harish Vatnani, Head of Trade, ZebPay

  Market Structure and Price Action

  ETH is trading near $2,311 on the daily chart and the visible structure has weakened considerably. After advancing toward the $2,500 area, price failed to sustain the move and subsequently broke below the rising trendline that had supported the earlier recovery. The sharp decline and sequence of lower highs and lower lows indicate that sellers currently have control of the short-term trend. The latest candles are clustered near $2,300, suggesting that price is testing an important near-term support area; however, the chart does not yet show a convincing bullish reversal pattern.

  Support, Resistance and Key Levels

  The $2,300 area is the first level to monitor because price is trading close to it and it may act as immediate support. If ETH closes decisively below this zone, the next downside areas to watch are approximately $2,200 and $2,100. These are potential reaction zones, not guaranteed turning points. On the upside, $2,380–$2,420 is the first resistance area, followed by $2,480–$2,520, where previous price activity may attract selling. The former trendline-breakdown region around $2,680–$2,730 represents a more significant overhead resistance zone. A recovery would need to reclaim resistance and form higher highs and higher lows before the broader structure could be considered improved.

  Volume and Momentum Analysis

  The chart shows noticeable volume expansion around the recent sell-off, which supports the interpretation that the decline has been accompanied by meaningful selling activity. Volume is most informative when assessed alongside the candle close and follow-through: a daily close below $2,300 with rising volume would strengthen the bearish-breakdown case, whereas a rejection of lower prices followed by stronger buying volume could indicate demand entering the market. The latest candles alone do not confirm that selling pressure has ended. Volume should therefore be monitored for confirmation rather than treated as a standalone prediction.”

• October 27, 2026 09:23

  VVDN Technologies said to consider up to $300 million IPO

  VVDN Technologies said to consider up to $300 million IPO

  VVDN Technologies weighs a potential India IPO of up to $300 million, inviting banks as advisers amid early-stage deliberations.

• October 27, 2026 09:21

  Top gainers and losers of Nifty 50

  Top gainers of Nifty 50: Tata Consumer (+3.13%), BEL (+1.32%), Max Health (+1.23%), BSE (+1.16%)

  Top losers: Infosys (-2.78%), HCL Tech (-1.35%), TCS (-1.28%), Asian Paints (-1.26%)

• October 27, 2026 09:20

  Markets open lower

  Sensex traded 287.43 pts or 0.39% lower at 73,319.32 at 9.17 am after opening at 73,484.38 from the previous close of 73,606.75. Nifty 50 dipped 59.70 pts or 0.26% to 22,693.50.

• October 27, 2026 09:01

  Paytm Q2 FY27 profit rises over 10-fold to ₹225 crore; revenue grows 28% to ₹2,648 crore

  Paytm Q2 FY27 profit rises over 10-fold to ₹225 crore; revenue grows 28% to ₹2,648 crore

  Paytm Q2 FY27: PAT up 10x to ₹225 crore, revenue up 28% to ₹2,648 crore, EBITDA at a quarterly high with double-digit margin.

• October 27, 2026 08:54

  Asian stocks surge as Anthropic IPO lifts sentiment ahead of earnings, central banks

  Asian stocks surged on Tuesday as AI bellwether Anthropic’s ‌eagerly anticipated IPO filing lifted risk appetite ahead of tech earnings that will be a test for the AI trade, and central bank meetings that will influence near-term interest ⁠rates.

  Claude-owner Anthropic disclosed steep loss and red-hot revenue growth in its filing for a US initial public offering, as investors increasingly dissect the potential payoff from massive AI spending and its profitability.

  The currency markets are muted ahead of policy decisions from the Federal Reserve, European Central Bank and Bank of Japan, with economists expecting ‌all three to stand pat on interest rates, leaving the focus on comments from policymakers to ‌gauge ⁠the rates outlook.

  In stocks, tech-heavy South Korea’s KOSPI gained more than 4% in early ⁠trading while Japan’s Nikkei was 1.9% higher. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%.

  Nasdaq futures was up 0.4% after US chip stocks rose 2.8% in overnight trade, clocking its biggest one-day jump in a month. European stock futures dipped 0.23%.

  More than a third of S&P 500 companies are ‌scheduled to report earnings this week, including hyperscalers Alphabet , Microsoft and Amazon.com. (Reuters)

• October 27, 2026 08:47

  Paytm Q2 FY27 profit rises over 10-fold to ₹225 crore; revenue grows 28% to ₹2,648 crore

  One 97 Communications Ltd (Paytm) on Monday announced its Q2 FY27 results, reporting an over 10-fold rise in profit after tax (PAT) to ₹225 crore for the September quarter, from ₹21 crore a year ago, on a reported basis. During the quarter, Paytm revenue rose 28% YoY to ₹2,648 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 90% YoY to ₹270 crore, its highest ever for a quarter, with the EBITDA margin expanding to 10%, reaching double digits for the first time. 

• October 27, 2026 08:42

  Govt bonds seen opening flat with focus on oil moves, Fed decision

  Government bonds are set to open little changed on Tuesday, as Treasuries and oil prices showed no major moves, with ‌focus remaining on the US Federal Reserve’s monetary policy decision due a day later.

  The 6.94% ⁠2036 bond yield may trade between 7.46% and 7.49%, according to a trader at a primary dealership, after closing at ‌7.4826% in the previous session.

  States are set to raise ₹23300 crore($2.45 billion) ‌by selling bonds later in the day. (Reuters)

• October 27, 2026 08:31

  Brent crude is hovering near $115 a barrel, a six-month high, with little relief in ‌sight.

• October 27, 2026 08:31

  Rupee's oil-linked losses meet key hurdle, RBI defence in focus

  Rising oil prices continue to weigh on the outlook for the Indian rupee, with traders watching for support near a ‌key technical level and the response of the central bank.

  The rupee is expected ⁠to open flat to marginally weaker on Tuesday, having dropped 0.3% in the previous session to 95.1850 to the ‌dollar. (Reuters)

• October 27, 2026 08:30

  Kotak Securities on Defence - Largest DAC approval of FY27 so far

  -Rs 2.1 lakh cr of approvals reflect a shift to unmanned and air-defense capabilities

  -~82% of the proposed procurement value is earmarked for domestic industry

  -BEL has the widest multi-item exposure

  -Hindustan Aeronautics gains from two helicopter programs

  -Bharat Dynamics from VSHORADS and IAF weapons, and the drone ecosystem

  -Order accrual from this tranche will largely fall in FY2028-30E

• October 27, 2026 08:30

  Sona BLW Precision Forgings Q2 (Consolidated YoY)

  -Revenue jumps 34.9% to Rs 1,535.8 crore Vs Rs 1,138.3 crore

  -Profit grows 29.3% to Rs 223.4 crore Vs Rs 172.8 crore

• October 27, 2026 08:29

  Nazara Q2

  -Revenue up 52.7% At Rs 803 Cr Vs Rs 526 Cr 

  -EBITDA Margin At 14% Vs 11.3% 

  -Net Profit At Rs 36.3 Cr Vs Loss Of Rs 29.4 Cr

• October 27, 2026 08:18

  Jefferies on ITC Hotels

  -Maintain Buy; Hike TP to Rs 220 from Rs 210

  -Sharp Beat, Mirroring Strong Sector Trends

  -RevPAR rose 21%, mirroring strong sector trends, while mgmt fees grew 25% YoY

  -Targets 10% key CAGR over FY26-31

• October 27, 2026 08:18

  Crypto Market Today | Expert Analysis | Vikram Subburaj, CEO, Giottus.com

  Bitcoin is trading near $79,900 as selling pressure and caution ahead of the US Federal Reserve’s policy decision weigh on sentiment. Immediate support lies around $78,000, followed by $75,000 if selling intensifies. Resistance is near $81,390, with $82,600 as the next level to watch. A sustained recovery above resistance could stabilise prices, while a decisive break below $78,000 would increase downside risks.

  ETF flows remain volatile. US spot Bitcoin ETFs attracted $526.7 million on October 19 and $524.8 million on October 21. However, they recorded $635.6 million in net outflows on October 22, followed by another $137.9 million on October 23. The withdrawals have weakened the earlier recovery in institutional demand.

  On-chain indicators offer a mixed picture. The latest available readings, dated October 18, showed Bitcoin’s MVRV at 1.5329, NUPL at 0.3477 and SOPR at 1.0018. These readings suggest that aggregate holders remain in profit, while recently moved coins are being spent close to break-even. The data are delayed and do not rule out further selling.

  Large-cap altcoins are mixed. Ethereum traded around $2,320, down 0.29% over 24 hours. BNB stood near $741, up 0.50%, while XRP was around $1.31, up 0.97%. Solana traded near $101, down 0.46%, and TRON was around $0.33, down 0.33%. These are the latest verified October 26 snapshots, not synchronised live quotes for October 27.

  Macro conditions remain central. A Reuters poll found that 94 of 100 economists expected the Fed to hold rates at 3.75%-4.00% at its October 27–28 meeting. All respondents expected a rate increase in December. Inflation, energy prices and geopolitical risks remain key concerns.

  Our advice: Investors should avoid trying to catch a falling market. Watch Bitcoin’s $78,000 support, ETF flows and the Fed’s guidance before increasing exposure.

• October 27, 2026 08:16

  DAC approves ₹2.12 lakh crore defence acquisition proposals

  * Major Approval: Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, approved capital acquisition proposals worth approximately ₹2.12 lakh Cr

  * Make in India: Approximately 82% of approved procurement value earmarked for Indian industry

  * Indian Army: Approved High Mobility Vehicles, Self-Propelled Tracked Gun Systems and Gun Shot Response Systems

  * Helicopters: Approved Light Multi Role Helicopters (LMRH) for Army and Air Force operations

  * Air Defence: Approved Very Short-Range Air Defence Systems (VSHORADS) and Counter-Unmanned Aerial Systems (C-UAS)

  * Drone Systems: Approved surveillance UAVs, integrated surveillance and strike systems, and long-range kamikaze drones

  * Indian Navy: Approved Active Offboard Decoy Systems and major indigenous naval platforms

  * Indian Air Force: Approved helicopters, air defence systems, weapons and Mobile X-Band Doppler Weather Radar Systems

  * Defence Manufacturing: Large procurement pipeline creates potential opportunities across defence electronics, artillery, helicopters, drones, naval systems and military vehicles

• October 27, 2026 08:15

  EQUITY PREVIEW

  Bajel Projects (BAJEL): Wins INR2B+ EPC order from Tata Power 

  Bank of Maharashtra (BOMH): 2Q Net Income +42% Y/y to 23.1B Rupees 

  Dalmia Bharat (DALBHARA): 2Q Net Loss INR2.07B vs. profit 2.36b y/y 

  HCL Technologies (HCLT): Acquires 100% stake in Robotic Process Automation

  Mankind Pharma (MANKIND): 2Q Net Income +39% Y/y to INR7.11b, Beats Estimates 

  New Delhi Television (NDTV): 2Q Net Loss 632.7M Rupees

  One 97 Communications (PAYTM): 2Q Net Income Misses Estimates

  Persistent Systems (PSYS): Closes QIP at issue price of INR5,550 per share

  Raymond Realty (RAYMONDR)): Says unit Raises $22M From ICICI AIF

  REC Ltd. (RECL): 2Q Net Income 33.9B Rupees Vs. 44.3B Rupees Y/y

  Rollatainers (RTL): To buy satellite forging at INR48.95/share cash

  Sigma Advanced (SIGMAADV): Wins $102.23M Base Bleed unit order

  Tamilnad Mercantile Bank (TMB): 2Q Net Income +42% Y/y to 4.51B Rupees

  Tata Consumer (TATACONS): 2Q Net Income +16% Y/y to INR4.69b, Matches Estimates

• October 27, 2026 08:14

  Citi on Paytm

  -Maintain Buy; Hike TP to Rs 1940 from Rs 1560

  -Solid Growth and Margins Uptick Ahead of MDR Slingshot

  -EBITDA beat estimates owing to higher share of financial services revenue

  -Seeing growth acceleration in financial services and improvement in net payment margins even ex-UPI

• October 27, 2026 08:14

  Brazilian markets in focus

  Brazil’s benchmark stock index, the Bovespa, plunged roughly 14% on Monday after leftist President Luiz Inácio Lula da Silva won a surprise re-election victory over right-wing challenger Flávio Bolsonaro. The Bovespa dropped more than 10% right after the opening bell, triggering a mandatory 30-minute trading halt. It marked the index’s worst single-day drop since March 2020. The Brazilian real cracked nearly 8-12% against the dollar, the steepest decline since 1999.

• October 27, 2026 08:13

  Anthropic PBC's initial public offering is expected to raise more money than any firm in history and may overtake Berkshire Hathaway Inc. in market value.

• October 27, 2026 08:08

  Today's stock pick: Aegis Logistics

• October 27, 2026 07:55

  Upcoming Dividends

  📅 27 Oct 2026

  * L&T Technology Services → ₹20/share

  📅 28 Oct 2026

  * Cyient → ₹12/share

  * Nippon Life India AMC → ₹9.50/share

  📅 29 Oct 2026

  * CRISIL → ₹17/share

  * Shriram Finance → ₹6.50/share

  * Ksolves India → ₹1/share

  📅 30 Oct 2026

  * Chennai Petroleum → ₹25/share

  * Ador Welding → ₹7.50/share

  * Steel Strips Wheels → ₹1.50/share

  * RailTel → ₹1/share

  * Sagility → ₹0.15/share

  📅 02 Nov 2026

  * Colgate-Palmolive India → ₹24/share

  * Pitti Engineering → ₹2/share

  📅 03 Nov 2026

  * Infosys → ₹26/share

• October 27, 2026 07:55

  Crypto Market Today | Expert Analysis | Nischal Shetty, Founder, WazirX

  “Crypto markets moved higher as improving equity sentiment and expectations of a Federal Reserve pause helped offset pressure from elevated yields, a stronger dollar and expensive energy. Bitcoin reclaimed $80,000, while Ethereum moved back above $2,300, indicating that buyers remained active despite cautious institutional positioning.

  Global economic signals offered support, although liquidity conditions remained tight. The US 10-year Treasury yield stayed near 5%, oil remained above $110 and the dollar strengthened, keeping borrowing costs and inflation concerns elevated. However, oil eased from its recent highs, German business confidence improved and markets continued to expect the Federal Reserve to hold rates. 

  Together, these developments provided some support for liquidity without fully removing pressure on altcoin participation.

  Bitcoin traded near $80,149 as it attempted to recover within its short-term consolidation. Immediate support sits at $79,500-$79,800, followed by $77,500-$77,700. A sustained move through $80,700- $81,100 could improve momentum, while losing immediate support would weaken the recovery setup.

  Ethereum traded near $2,327 after moving back above the psychological $2,300 level. The $2,300- $2,320 region remains important for support, while resistance sits at $2,360- $2,385 before $2,400. 

  Futures traders may look for rising volume and open interest alongside balanced funding to assess whether participation is strong enough to support a move through resistance.

  The wider market environment also improved. KOSPI gained 4.59%, Nikkei rose 1.87% and Sensex added 0.66%. In the US, Nasdaq advanced 0.82% and the S&P 500 gained 0.70%, while the VIX declined 4.88%. Gold remained near $4,000 and lower oil prices provided some relief from inflation concerns. Stronger equities and lower volatility supported capital participation across risk-oriented assets, including crypto.

  Institutional activity remained limited. US spot Bitcoin ETFs recorded no net flow on October 26, while Ethereum ETFs attracted $16.1 million. Bitcoin and Ethereum advancing despite muted ETF demand suggests that spot buying and derivatives positioning provided additional support. ETF flows remain important, but profit-taking, exchange supply, macro conditions and technical resistance can delay or offset their immediate effect on prices.”

• October 27, 2026 07:37

  High crude prices, rise in lending rates take toll on small-cap stocks

  After the dream run, small-cap company stocks are facing the tremors of rising crude oil prices and prospects of hike in lending rate which are expected to hit their earnings growth in the second half of this fiscal.

  In the last two weeks, the Nifty 100 small-cap index has dropped 7 per cent or 1,441 points to 17,985 points on Monday from 19,426 points on October 12. Similarly, all the indices tracking the small-cap stocks have crashed as investors rushed to book profits. However, the Nifty small-cap 100 was up 246 points (1.38 per cent) at 17,985 on Monday against 17,739 logged on Friday. Readmore

• October 27, 2026 07:09

  Flat opening seen amidst positive Asian markets

  Sensex, Nifty seen opening flat amidst positive Asian markets

  Domestic markets are expected to open on a flat note on Tuesday amid persistent headwinds: inflation, rising crude oil prices, geopolitical tension and higher bond yields. Gift Nifty is ruling at 22,760 with respect to Nifty futures closing of 22,774 on the NSE. 

• October 27, 2026 06:55

  Nifty50 among the worst-performing benchmarks in 2026 as FPI outflows weigh

  Nifty50 among the worst-performing benchmarks in 2026 as FPI outflows weigh

  India’s benchmark index, Nifty50, has underperformed most major global benchmarks in 2026, even as its valuations have corrected sharply since December. The Nifty50 has declined 13.1 per cent year-to-date as of October 26th, placing it among the weakest-performing benchmark indices.

• October 27, 2026 06:53

  Stocks to watch, October 27: Tata Motors, TVS Holdings, Basel Projects, HCL Technologies, Global Infra, Sigma Adanced, Highway Infra, Genus Power, Gabion Tech

  ​

  Stocks to watch, October 27: Tata Motors, TVS Holdings, Basel Projects, HCL Technologies, Global Infra, Sigma Adanced, Highway Infra, Genus Power, Gabion Tech

  Global deal moves and fresh orders boost infra, tech, and defense manufacturing activity across Tata Motors, HCL Tech, Sigma Advanced, and more.

  ​
• October 27, 2026 06:46

  PAYTM | Q2FY27 HIGHLIGHTS

  Average Monthly Transacting Users (MTU): 8.5 crore

  Gross Transaction Value (GTV) growth at 2.2x the industry rate

  Management Commentary: Potential MDR upside in payments processing margin. Indicative uplift of about 2.5 bps in overall PPM. Outcome may stabilise in 2–3 quarters of implementation.

• October 27, 2026 06:45

  KFIN TECHNOLOGIES Q2FY27

  REVENUE 402.00 CR VS 309.00 CR

  (+30.10% YOY┃+12.61% QOQ)

  EBITDA 161.00 CR VS 136.00 CR

  (+18.38% YOY┃+31.97% QOQ)

  EBITDA MARGIN 40.10% VS 43.90% YOY & 34.20% QOQ

  PAT 100.00 CR VS 93.00 CR

  (+7.53% YOY┃+33.33% QOQ)

  EPS 5.80 VS 5.42 YOY & 4.36 QOQ

• October 27, 2026 06:44

  ITC Hotels Ltd Q2 Results

  Net Revenue at Rs. 1054.1 cr. Vs. Rs. 839.5 cr. YoY ⬆️, Rs. 936.0 cr. QoQ ⬆️.

  EBITDA at Rs. 337.5 cr. Vs. Rs. 245.8 cr. YoY ⬆️, Rs. 292.3 cr. QoQ ⬆️.

  EBITDA Margin at 32.0% Vs. 29.3% YoY ⬆️, 31.2% QoQ ⬆️.

  Net Profit at Rs. 202.7 cr. Vs. Rs. 133.3 cr. YoY ⬆️, Rs. 181.9 cr. QoQ ⬆️.

• October 27, 2026 06:44

  Supreme Industries Ltd Q2 Results

  Net Revenue at Rs. 3361.3 cr. Vs. Rs. 2393.9 cr. YoY ⬆️, Rs. 2717.7 cr. QoQ ⬆️.

  EBITDA at Rs. 431.0 cr. Vs. Rs. 297.4 cr. YoY ⬆️, Rs. 397.9 cr. QoQ ⬆️.

  EBITDA Margin at 12.8% Vs. 12.4% YoY ⬆️, 14.6% QoQ 🔻.

  Net Profit at Rs. 262.4 cr. Vs. Rs. 164.7 cr. YoY ⬆️, Rs. 280.7 cr. QoQ 🔻.

• October 27, 2026 06:41

  Ather Energy Ltd Q2 Results

  Net Revenue at Rs. 1464.2 cr. Vs. Rs. 898.9 cr. YoY ⬆️, Rs. 1216.9 cr. QoQ ⬆️.

  EBITDA at Rs. 11.5 cr. Vs. Rs. -132.6 cr. YoY ⬆️, Rs. -33.3 cr. QoQ ⬆️.

  EBITDA Margin at 0.8% Vs. -14.7% YoY ⬆️, -2.7% QoQ ⬆️.

  Net Profit at Rs. 1.3 cr. Vs. Rs. -154.1 cr. YoY ⬆️, Rs. -51.1 cr. QoQ ⬆️.

• October 27, 2026 06:40

  APL Apollo Tubes Ltd Q2 Results

  Net Revenue at Rs. 7001.7 cr. Vs. Rs. 5531.3 cr. YoY ⬆️, Rs. 5606.7 cr. QoQ ⬆️.

  EBITDA at Rs. 577.8 cr. Vs. Rs. 447.0 cr. YoY ⬆️, Rs. 411.3 cr. QoQ ⬆️.

  EBITDA Margin at 8.3% Vs. 8.1% YoY ⬆️, 7.3% QoQ ⬆️.

  Net Profit at Rs. 382.4 cr. Vs. Rs. 301.5 cr. YoY ⬆️, Rs. 263.1 cr. QoQ ⬆️.

• October 27, 2026 06:39

  Tata Consumer Q2 results

  TATACONSUM: Q2 CONS NET PROFIT 4.7B RUPEES VS 4.04B (YOY); EST 4.56B

  TATACONSUM: Q2 EBITDA 7.75B RUPEES VS 6.72B (YOY), EST 7.75B; Q2 EBITDA MARGIN 13.71% VS 13.53% (YOY), EST 13.8%

  TATACONSUM: Q2 REVENUE 56.6B RUPEES VS 49.6B (YOY); EST 56.05B

• October 27, 2026 06:39

  Mankind Pharma Q2 results

  MANKIND: Q2 CONS NET PROFIT 7.1B RUPEES VS 5.11B (YOY); EST 6.15B

  MANKIND: Q2 EBITDA 11.7B RUPEES VS 9.21B (YOY); Q2 EBITDA MARGIN 27% VS 24.92% (YOY)

  MANKIND: Q2 REVENUE 43.4B RUPEES VS 36.97B (YOY)

• October 27, 2026 06:39

  Indian Overseas Bank Q2 Results

  NII at Rs. 3867.0 cr. Vs. Rs. 3059.1 cr. YoY ⬆️, Rs. 3687.6 cr. QoQ ⬆️.

  Net Profit at Rs. 1912.4 cr. Vs. Rs. 1226.4 cr. YoY ⬆️, Rs. 1659.2 cr. QoQ ⬆️.

  GNPA at 1.2x Vs. 1.8x YoY 🔻, 1.3x QoQ 🔻.

  NNPA at 0.2x Vs. 0.3x YoY 🔻, 0.2x QoQ 🔻.

• October 27, 2026 06:37

  Maha Bank Q2 results

  MAHABANK: Q2 SL NET PROFIT 23B RUPEES VS 16.3B (YOY); EST 21B

  MAHABANK: Q2 GNPA 1.25% VS 1.45% (QOQ); Q2 NNPA 0.12% VS 0.13% (QOQ)

  MAHABANK: Q2 REVENUE 86B RUPEES VS 71B (YOY)

• October 27, 2026 06:36

  Day Trading Guide for October 27, 2026: Intraday supports, resistances for Nifty50 stocks

  Day Trading Guide for October 27, 2026: Intraday supports, resistances for Nifty50 stocks

  Intraday trading guide with supports, resistances, and entry/stop-loss levels for Nifty50 stocks and top names (Oct 27, 2026).

• October 27, 2026 06:36

  Nifty ends 4-day losing streak, rupee hits 3-session low at 95.19

  Markets pulled off a dramatic turnaround on Monday, with the Nifty 50 touching an intraday low of 22,387 before clawing back nearly 370 points to close well in positive territory.

  The Sensex settled at 73,606.75, gaining 482.92 points or 0.66 per cent, after bottoming at 72,514.57 intraday. The Nifty 50 closed at 22,753.20, up 153.20 points or 0.68 per cent, snapping a four-session losing streak. Broader markets outpaced the benchmarks, with the Nifty Midcap 100 rising 1.19 per cent and the Nifty Smallcap 100 gaining 1.38 per cent, a partial recovery after last week’s combined collapse of over 12 per cent. Read more

• October 27, 2026 06:33

  Stock to buy today: Aegis Logistics (₹1,291) – BUY

  Stock to buy today: Aegis Logistics (₹1,291) – BUY

  A concise technical outlook on Aegis Logistics, highlighting a bullish setup with a target near ₹1,500 and actionable buy/exit levels.

Published on October 27, 2026