9 result(s) for “Equity Markets”
Provisional government data show gross GST receipts jumped 22.9 percent in October to ₹2.31 lakh crore, driven by a 42 percent rise in import-related taxes and stronger domestic sales ahead of Diwali. The windfall helps fiscal math now, but officials and analysts caution the boost may not be durable.
Indian equity benchmarks slipped on October 29, 2026, as investors booked profits after a recent rally and assessed monetary policy risks and global market volatility. Financial stocks led declines while domestic data and corporate earnings kept trading cautious.
Indian benchmark indices recovered on October 26, 2026, after a four day slide, with metal, pharma and ports stocks leading gains. Traders said a pullback in Brent crude and a string of corporate results underpinned the rally, but elevated volatility indicators and geopolitical risks leave the rally fragile.
Jio Platforms closed its three day initial public offering with record demand on October 23, 2026, attracting bids worth more than Rs 7.4 lakh crore and setting new benchmarks for India equity market appetite and liquidity dynamics.
Jio Platforms Ltd’s Rs 30,213 crore initial public offering was fully subscribed within hours, driven by heavy institutional demand and large anchor bookings. The blockbuster opening lifts market expectations for primary issuance and intensifies debate over retail participation and pricing ahead of listing.
Canada’s Fairfax Financial will acquire 60.72 percent of IDBI Bank for about Rs 52,878 crore, a transaction the government and markets describe as the largest foreign direct investment in India’s banking sector. The deal shifts a state-backed lender into private hands and raises questions about regulatory approvals, ownership rules and the future of related bank holdings.
The Reserve Bank of India has raised the minimum daily Cash Reserve Ratio maintenance to 99 percent effective from the fortnight beginning October 16, 2026, a move that reduces banks’ intrafortnight flexibility and signals a more active liquidity stance following the October rate hike.
Reliance Industries announced Jio Platforms will launch an initial public offering on October 21, 2026, seeking at least Rs 30,000 crore and positioning the telecom and digital arm for rapid expansion and debt reduction at the group level.
The Reserve Bank of India raised the repo rate by 25 basis points and signalled a calibrated tightening stance, prompting a spike in bond yields, fresh foreign investor selling and early bank rate adjustments on October 8, 2026.