October 9, 2025
The stock markets danced on a fine line on the weekly expiry day, ending the day almost where they started. After a lively rebound in recent weeks, the market paused to catch its breath. Experts say this rally is helped by good news from companies and a steady global scene, yet foreign investors pulling out money keeps nerves on edge. Ajit Mishra, Senior VP of Research at Religare Broking, gave a clear road map: "Looking ahead, some consolidation after the recent up move cannot be ruled out. However, the overall tone is expected to stay positive as long as the Nifty holds above the 24,900 mark. Participants should continue focusing on selective stock picking and favor sectors or themes that exhibit consistent strength." Big names stole the spotlight today. Titan Company showed off an 18% rise in domestic sales for July-September, though it’s a little slower than last year's 25%. Gold prices hitting the roof made customers think twice before buying expensive jewellery. Reminder: jewellery sales usually make up nearly 90% of Titan’s revenue. In a flashy move, famous investor Vijay Kedia snapped up over 57,400 shares in Eimco Elecon, paying around Rs 1906.71 per share, worth about Rs 11 crore. His company, Kedia Securities, sure knows how to make a statement! The financial giant Bajaj Finserv decided to freshen up its look. Now, their insurance arms will be called Bajaj General Insurance and Bajaj Life Insurance, dropping the ‘Allianz’ part to stand tall on their own. The big regulator CCI gave the green signal to Tilaknagar Industries to buy the popular Imperial Blue whisky brand from Pernod Ricard’s Indian branch for a whopping Rs 4,150 crore. Cheers to that deal! On the banking front, the government is confident of finishing its stake sale in IDBI Bank before the financial year ends. Financial Services Secretary M. Nagaraju also hinted that other state bank sales are lined up with smooth offer-for-sale plans. Tata Motors faced a bumpy road as its luxury arm Jaguar Land Rover saw sales dip 24.4% last quarter. However, the company is focusing on its most profitable models like the Range Rover, making up 76.7% of total sales now. In tax troubles, Bajaj Auto reported a hefty Rs 3.5 crore demand from Assam authorities over input tax credits claimed in 2021-22, with penalties adding more heat. JSW Steel ran into legal hurdles too, with the Supreme Court refusing to stop money laundering probes linked to an illegal mining scam involving BJP leader G Janardhana Reddy’s company. Healthcare company Aster DM Healthcare opened a brand new 264-bed hospital in Kasaragod, Kerala. This is their eighth hospital in the state, built with an investment of Rs 190 crore. Godrej Consumer warned about a dip in core profits because of a temporary sales bump caused by big GST cuts by the government. Tech giant Paytm is plotting a thrilling makeover, shifting gears towards artificial intelligence. CEO Vijay Shekhar Sharma told the Global Fintech Fest in Mumbai that while Paytm is known for fintech, AI is his “next big bet.” With so many twists and turns, the markets and businesses keep giving investors plenty to talk about!
Tags: Nifty, Titan, Jsw steel, Vijay kedia, Bajaj finserv, Paytm,
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