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Kansai Nerolac Paints, Jindal Stainless (Hisar), Affle (India), and Timken India are trading with higher delivery volumes compared to Monday.

Tata Power's wholly-owned subsidiary Tata Power Solar wins a Rs 538 crore order from Energy Efficiency Services to build 100 MW of distributed ground mounted solar projects.

The Government of Singapore buys 40 lakh shares of Aavas Financiers in Q2FY22, now holding a 5.1% stake in the housing finance company.

Radhakishan Damani buys 3.2 lakh shares of VST Industries in Q2FY22, increasing his stake in the company to 32.3% from 30.2%.

SBI Mutual Fund buys 43 lakh shares of Gokaldas Exports in Q2FY22. The fund now holds a 7.4% stake in the company.

Ujjivan Small Finance Bank’s loan book rises 4.4% YoY to Rs 14,508 crore, while total deposits are up by 31.1% to Rs 14,090 crore.

Krsnaa Diagnostics' Q2 revenue falls by 55% YoY to 108.3 crore, and net profits decline by 63% to Rs 12.5 crore. The diagnostic chain listed on exchanges in August 2021.

Axis Securities maintains a 'Hold' rating on Tata Consultancy Services with a 4% target price upside expecting delays in deal wins for Q3FY22.

Delta Corp is rising as its Q2FY22 net loss declines by 60% YoY to Rs 22 crore, with a 94% growth in revenues to Rs 74 crore.

Schaeffler India is trading with more than nine times its weekly average trading volume. Alembic Pharmaceuticals, Ujjivan Small Finance Bank, and Vardhman Textiles are trading with more than four times their weekly average trading volume.

HFCL’s Q2FY22 net profit rises 61% YoY to Rs 86 crore, revenue is up by 6.4% to Rs 1,122 crore.

Life Insurance Corporation of India sells 37.6 lakh shares (2.05% stake) of Bharat Dynamics in an open market transaction on Friday.

Schaeffler India is rising as the industrial machinery maker's board of directors will meet on October 28 to consider a stock split.

Akash Prakash's Amansa Holdings sells 54 lakh shares of Laurus Labs and and 10 lakh shares of Gateway Distriparks in Q2FY22.

Porinju Veliyath buys 3 lakh shares of McDowell Holdings in Q2FY22. He now holds a 2.1% stake in the alcoholic beverages company.

Nifty 50 was trading at 17,959.05 (13.1, 0.1%) , BSE Sensex was trading at 60,085.57 (-50.2, -0.1%) while the broader Nifty 500 was trading at 15,447.85 (19.9, 0.1%)

Market breadth is in the green. Of the 1,723 stocks traded today, 1,061 showed gains, and 598 showed losses.

Kansai Nerolac Paints, Jindal Stainless (Hisar), Affle (India), and Timken India are trading with higher delivery volumes compared to Friday

Sterlite Technologies’ Chief Executive Officer Anand Agarwal resigns citing personal reasons. He will step down from his position at the end of the year. The company appoints Ankit Agarwal as Managing Director.

SBI Mutual Fund buys 6.3 lakh shares of Ratnamani Metals & Tubes in Q2FY22. The fund now holds a 1.4% stake in the company.

Ashish Kacholia buys 19.1 lakh shares of Gateway Distriparks in Q2YF22. He now holds a 1.5% stake in the logistics company.

Ashish Dhawan lowers his stake in Birlasoft to 1.8% from 2.9% selling 30.5 lakh shares in the company in Q2FY22.

Equitas Small Finance Bank’s Q2FY22 loan disbursements rise 65% YoY to Rs 3,137 crore and total deposits rise 40% YoY to Rs 18,094 crore.

Mohnish Pabrai buys 43.7 lakh shares of Rain Industries in Q2FY22. He now holds a 5.6% stake in the company.

Sterling and Wilson Solar, Tata Consultancy Services, Aegis Logistics, and Indian Energy Exchange are trading with more than three times their weekly average trading volume.

Reliance Industries' wholly owned subsidiary Reliance New Energy Solar (RNESL) purchases REC Solar Holdings from China National Bluestar for an enterprise value of $771 million (Rs 5,795 crore). RNESL will also acquire a 40% stake in Sterling & Wilson Solar for Rs 2,845 crore.

Aditya Birla Sun Life AMC makes a flat listing at its issue price of Rs 712 per share. The asset management company's IPO was a complete offer for sale of Rs 2,768 crore.

Bharti Airtel’s Chief Financial officer Badal Bagri resigns. The company appoints Soumen Ray as its new CFO. Ray is set to resign as CFO of Bajaj Auto by the end of 2021.

Sunil Singhania's Abakkus Fund sells 75,000 shares of Acrysil and buys 9.8 lakh shares of Paras Defence and Space Technologies in Q2FY22.

Porinju Veliyath's Equity Intelligence India buys 1.7 lakh shares of Cupid taking a 1.3% stake in the company in Q2FY22.

Tata Consultancy Services’ Q2FY22 net profit rises 14.1% YoY to Rs 9,624 crore, revenue rise 16.8% to Rs. 46,867 crore.

Nifty 50 was trading at 17,896.30 (1.1, 0.0%) , BSE Sensexwas trading at 60,107.80 (48.7, 0.1%) while the broader Nifty 500 was trading at 15,382.80 (17.6, 0.1%)

Market breadth is surging up. Of the 1,750 stocks traded today, 1,229 were in the positive territory and 453 were negative.

HDFC Mutual Fund sells over 6 lakh shares (2% stake) of Atul in an open market transaction on Wednesday.

Oberoi Realty's sales bookings increases by 2.5X to Rs 828.5 crore in Q2FY22, with total sales volume of 4.4 lakh sq ft, a 3.8X jump.

Orient Electric, eClerx Services, Home First Finance Company India, and Kansai Nerolac Paints are trading with higher delivery volumes compared to Thursday. 

Nifty Realty index is trading lower after RBI leaves rates unchanged. Godrej Properties, Sobha , Phoenix Mills, and Oberoi Realty are falling.

Bajaj Auto’s Chief Financial Officer Soumen Ray resigns. He will step down from his position at the end of the year.

ICICI Direct maintains a 'Hold' rating on Oil and Natural Gas Corporation with a 10% downside on its target price as the brokerage expects the company to underperform due to lower domestic oil and gas production.

Vijay Kedia sells 11 lakh shares in Tejas Networks, which he held in his individual capacity, in Q2FY22. His stake in the telecom company is now below 1%.

Ratnamani Metals and Tubes is trading with more than nine times its weekly average trading volume. Wockhardt, Zensar Technologies, and Ashoka Buildcon are trading with more than four times their weekly average trading volume.

Reports suggest Dixon Technologies will sign a contract manufacturing agreement with Acer to make laptops for the domestic market with a target of 5 lakh laptops per year.

Ratnamani Metals & Tubes wins an order worth Rs 98 crore to supply carbon steel pipes to companies in the domestic oil and gas sector.

ICICI Securities downgrades its rating on Sobha to 'Hold' from 'Add' with a target price at a downside of 10.6% due to the recent run up in the stock's price. The company's stock is trading at a TTM PE of 123.5, against a three year average PE of 25.4.

SBI Mutual Fund sells 8.4 lakh shares (0.57% stake) in Great Eastern Shipping Company in an open market transaction on Wednesday.

Porinju Veliyath's Equity Intelligence India buys over 92,000 shares of Prevest Denpro for Rs 2.2 crore in a bulk deal on Thursday.

Rakesh Jhunjhunwala buys 2.9 crore shares of Canara Bank worth Rs 508 crore in Q2FY22. He now holds a 1.6% stake in the company.

Nifty 50 was trading at 17,875.55 (85.2, 0.5%) , BSE Sensex was trading at 59,872.73 (194.9, 0.3%) while the broader Nifty 500 was trading at 15,362.15 (72, 0.5%)

Market breadth is surging up. Of the 1,723 stocks traded today, 1,292 showed gains, and 373 showed losses.

Westlife Development, Procter & Gamble Hygiene & Healthcare, Timken India, and Equitas Small Finance Bank are trading with higher delivery volumes compared to Wednesday.

Motilal Oswal maintains a ‘Buy’ rating on Gujarat Gas with a target price at an upside of 35%. The brokerage expects the company's margins to improve following price hikes of Rs 2.5 per unit for compressed natural gas and Rs 9.5 per unit for piped natural gas.

Kalyan Jewellers India is rising as the jewellery company's revenue grows by 60% YoY in Q2FY22. The company's southern store sales grow by 40% while remaining stores' sales are up by 70% in the quarter.

Macrotech Developers' sales bookings in Q2FY22 rises by 88% YoY to Rs 2,003 crore. The real estate company expects FY22 sales bookings to reach Rs 9,000 crore by March 2022.

Tata Steel's Q2FY22 steel production rises by 7% YoY to 7.7 million tonnes (MT) and sales fall by 6% to 7.4 MT. Domestic production is up by 3% to 4.73 MT and sales is down by 8% to 4.6 MT in the quarter.

Axis Securities maintains a 'Hold' rating on Astral with a target price at a 4.6% downside as the brokerage expects limited upside from higher PVC pipe prices.

Sobha is trading with more than six times its weekly average trading volume. Titan Company, Kalyan Jewellers India, and The New India Assurance Company are trading with more than three times their weekly average trading volume.

Sobha's sales volume grows by 50.6% YoY to 13.5 lakh sq ft in Q2FY22 and sales value is up by 51% to Rs 1,030 crore.

Au Small Finance Bank's total deposits in Q2FY22 increases by 45% YoY to Rs 39,034 crore with a 24% growth in loans to Rs 38,011 crore. The bank's current account to savings account (CASA) ratio was 30% in the quarter.

Nazara Technologies’ board of directors approves a preferential allotment of 14.2 lakh shares to raise Rs 315.3 core. The investors include Gamnat Pte (3.6% stake) and Plutus Wealth (6.92% stake). The shares will be locked in for one year from the date of issue.

Titan Company’s revenue grows by 78% YoY to Rs 3,519 crore led by a 78% growth in jewellery revenues and a 73% growth in watch and wearables revenue.

Reliance Industries' retail subsidiary Reliance Retail Ventures Limited will launch the 7-Eleven convenience stores in India. On Tuesday, Future Retail terminated its master franchise agreement with 7-Eleven as it could not meet the store target and pay the franchise fees.

Ambuja Cements is rising as Life Insurance Corporation of India buys 3.9 crore shares (2.01% stake) in the cement maker in an open market transaction on Tuesday.

Blackrock India Equity Fund sells 25.5 lakh rights entitlement of Bharti Airtel at Rs 207 per share. The telecom company's Rs 21,000 crore rights issue opened on Tuesday.

Markets opened high. Nifty 50 was trading at 17809.35 (163.4, 0.9%) , BSE Sensex was trading at 59774.43 (584.7, 1.0%) while the broader Nifty 500 was trading at 15288.20 (153.7, 1.0%)

Market breadth is surging up. Of the 1715 stocks traded today, 1483 were on the uptick, and 175 were down.