Indian equity markets are anticipating a positive start on Friday, October 9, 2026, driven by supportive global cues and easing crude oil prices. GIFT Nifty futures on the NSE International Exchange were up 71.80 points, or 0.32 per cent, trading at 22,365, indicating a strong opening for the domestic market.
Stocks Under the Spotlight Today
Several companies are expected to be in focus today due to significant corporate actions, quarterly results, and other key announcements:
- Tata Consultancy Services (TCS): India's largest IT firm reported a 7.6 per cent year-on-year (YoY) increase in net profit, reaching Rs 13,884 crore for the September 2026 quarter. Revenue grew 11.2 per cent YoY to Rs 73,188 crore, while EBIT rose 6 per cent YoY to Rs 17,553 crore. The company also announced a second interim dividend of Rs 12 per share.
- ITC: GQG Partners Emerging Markets Equity Fund and Alliance Witan Plc collectively offloaded a 2.92 per cent stake in ITC, selling 36.5 crore and 16.11 lakh shares respectively. The combined sale, valued at over Rs 9,400 crore, was acquired by 14 global and domestic institutional investors.
- Lupin: The pharmaceutical company received approval from the United States Food and Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) for Phytonadione Injectable Emulsion USP, 1 mg/0.5 mL. This product is indicated for the treatment and prevention of hypoprothrombinemia and vitamin K deficiency.
- JSW Steel: The metal major reported a 5 per cent YoY jump in consolidated crude steel production, reaching 7.27 MT. Indian operations saw a 5 per cent YoY rise to 7.07 MT, with capacity utilization at 88 per cent.
- Hexaware Technologies: The IT solutions provider announced a multi-year partnership with Anthropic, becoming a preferred partner in Anthropic's Claude Partner Network. Claude will be integrated into Hexaware's Zerovity and AgentVerse platforms.
- IRB Infrastructure Developers: The road infrastructure firm reported a 24.1 per cent YoY increase in toll revenue for September 2026, reaching Rs 772.5 crore.
- KEC International: The infrastructure and construction company secured new orders worth Rs 1,030 crore across its transmission and distribution, renewables, and cables and conductors businesses, pushing its year-to-date order intake past Rs 8,600 crore.
- NCC: The construction and EPC player received a Letter of Acceptance (LoA) for a Rs 1,286.03 crore contract from Hyderabad Growth Corridor for the construction of Radial Road-2 in Telangana.
- PN Gadgil Jewellers: The jewellery retailer reported a 22.4 per cent YoY revenue jump, with its retail segment growing 31.1 per cent YoY and same-store sales up 25.5 per cent.
- Waaree Renewable Technologies: Received a Letter of Acceptance (LoA) from a public sector undertaking (PSU) for a 5 MWp grid-connected solar photovoltaic (PV) project, including 10 years of operation and maintenance.
- Pace Digitek: Received a Letter of Intent (LoI) from BSES Rajdhani Power (BSES) for a 57.5 MW/115 MWh standalone battery energy storage system (BESS) project in Delhi, under a 12-year build, own, operate and transfer model.
Corporate Actions and Quarterly Results
Today also marks several corporate actions:
- Shares of Mold-Tek Technologies and Mold-Tek Packaging will trade ex-date for bonus issues.
- Transport Corporation of India shares will trade ex-date for a buyback.
- Accelya Solutions India, Caspian Corporate Services, and Skyways Air Services shares will trade ex-dividend.
Companies scheduled to announce their September 2026 quarter results today include Poonawalla Fincorp, Canara HSBC Life Insurance Company, Anand Rathi Wealth, Canara Robeco Asset Management Company, Can Fin Homes, Waterways Leisure Tourism, and Hathway Bhawani Cabletel & Datacom, among others.