GIFT Nifty Opening Update
GIFT Nifty opened today at 22,402.50. It is up 50.00 points (0.22%) from yesterday’s close of 22,370.50- so the trend is positive.
The Indian stock market is anticipated to commence on a positive note on Tuesday, 13 October 2026, as indicated by GIFT Nifty’s signals for an upward trajectory. GIFT Nifty was trading at approximately 22,423, reflecting an increase of nearly 41 points from the prior close of Nifty futures, suggesting a robust opening for the benchmark indices. Indian equities experienced significant selling pressure on Monday, driven by a renewed increase in crude oil prices, ongoing foreign fund outflows, and elevated bond yields, which collectively undermined investor sentiment. The 30-share BSE Sensex reversed its initial gains, ultimately closing down by 547.65 points, or 0.76%, at 71,924.68. During the session, it experienced a decline of as much as 796.23 points, or 1%, reaching an intraday low of 71,676.10.
The NSE Nifty 50 concluded the trading session on a downward trajectory, declining by 157.10 points, equivalent to a 0.70% decrease, ultimately closing at 22,363.35. Investors will monitor various stocks on Tuesday as a sequence of corporate announcements draws their attention. Order wins, business updates, expansion plans, and other company-specific developments are anticipated to impact individual stock movements throughout the trading session. Hero Motors, Tata Elxsi, HCL Tech, RBL Bank, Power Grid, and IRCON International are among the shares that will attract attention on Tuesday.
Equities to Monitor:
- Hero Motors, ICICI Prudential Life Insurance Company, Anand Rathi Share and Stock Brokers, Tata Elxsi shares will attract attention as these companies are set to disclose their Q2 results for 2026 today.
- HCL Tech reported a 21% year-on-year increase in consolidated net profit, reaching Rs 5,132 crore in the second quarter of FY27, up from Rs 4,235 crore in the same period last year. Its board also announced a second interim dividend of Rs 12 per share for FY27.
- Polycab India – The National Stock Exchange of India will exclude Polycab India from the equity derivatives segment due to its selection under the Insolvency and Bankruptcy Code framework. No futures and options contracts on the stock will be available for trading from December 30, 2026.
- RBL Bank reported a significant increase in net profit to Rs 481.7 crore in Q2 FY27, rising from Rs 179 crore in the corresponding quarter of the previous year.
- ICICI Prudential Asset Management Company reported a 6.1% year-on-year increase in profit after tax to Rs 889 crore for the second quarter of FY27, up from Rs 838 crore in the same quarter of the previous financial year.
- IRCON International has obtained a Letter of Acceptance valued at Rs 862.46 crore from East Central Railroad for an engineering, procurement and construction contract.
- Power Grid – The state-owned power transmission company acquired two project-specific special-purpose vehicles from PFC Consulting Limited on October 12. It had emerged as the successful bidder in the tariff-based competitive bidding process.
- Indian Hotels signed 47 hotel agreements and opened 20 properties in the first half of FY27, thereby expanding its portfolio to a total of 670 properties. The luxury segment recorded signings for four Taj hotels, one Brij hotel, and one Atmantan property. In the mid-scale category, Ginger and Tree of Life collectively accounted for 19 signings.
- Swan Defence and Heavy Industries reported a net profit of Rs 566.44 crore for the quarter, in contrast to a loss of Rs 0.55 crore during the same period last year. The reported profit encompassed the reversal of surplus provisions established in prior years, as detailed in its financial results.
- TD Power Systems’s fund-raising committee has sanctioned the issuance of 77,41,935 equity shares to qualified institutional buyers at a price of Rs 775 per share via a qualified institutional placement. The issue raised around Rs 600 crore.
- Vikran Engineering’s wholly owned subsidiary, NOPL Solar Projects Pvt Ltd, has entered into a loan agreement amounting to Rs 2,941.19 crore with the Indian Renewable Energy Development Agency to partially finance a solar power project in Maharashtra.
