Tata Motors Shares Debut at 26% Premium
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🗞️ Markets rally as Sensex jumps 595 points
Sensex and Nifty rebounded sharply, with the Sensex gaining 595 points to close at 84,466. The rally was led by IT, auto, and banking stocks amid positive global cues and sustained FII inflows.
💬 Expert Take — “The momentum reflects global risk-on sentiment; however, consolidation may follow ahead of key macro data releases.”
🗞️ Asian Paints Q2 profit surges 43% YoY
Asian Paints reported a 43% YoY rise in consolidated profit to ₹994 crore for Q2 FY26, backed by lower raw material costs and steady demand. The board also declared a ₹4.5 per share dividend.
🗞️ Adani Enterprises ₹25,000 crore rights issue gets approval
The Adani Group has received approval for its ₹25,000 crore rights issue, aimed at reducing debt and funding new infrastructure projects.
🗞️ Capillary Technologies IPO opens Nov 14
Capillary Technologies will open its ₹877 crore IPO on November 14, with a price band expected to be announced soon. The AI-driven SaaS company plans to use proceeds for global expansion and tech investment.
🗞️ SEBI clears IPOs for Clean Max Enviro & Nephrocare Health
The market regulator has approved IPOs for Clean Max Enviro Energy and Nephrocare Health, adding to the wave of upcoming November listings.
🗞️ Tata Motors shares debut at 26% premium post demerger
Tata Motors listed at a 26% premium following its demerger, with strong early gains followed by profit booking. Analysts see long-term potential driven by its EV and CV growth trajectory.
🗞️ Coal production slips 8.5% in October
Coal output dropped 8.5% YoY due to extended monsoons, impacting power generation and industrial supply. Recovery is expected from mid-November as weather stabilizes.
🗞️ Bajaj Finserv Q2 profit up 8% YoY
Bajaj Finserv posted an 8% YoY increase in consolidated profit to ₹2,244 crore for Q2, supported by growth in lending and insurance subsidiaries.
📊 Market Update
📈 Sensex: 84,466.51 ▲ 595.19 pts (+0.71%)
📈 Nifty 50: 25,875.80 ▲ 180.85 pts (+0.70%)
💱 USD/INR: 88.24
🪙 Gold (per gram): 24K ₹12,551 ▼ ₹33 | 22K ₹11,505 ▼ ₹30
🥈 Silver (per kg): ₹1,62,000 ▲ ₹2,000