GIFT Nifty Opening Update
GIFT Nifty opened today at 22,672.50. It is down -101.50 points (-0.45%) from yesterday’s close of 22,773.50- so the trend is negative.
The Indian stock market is anticipated to commence on a lower note on Tuesday, October 27, as suggested by GIFT Nifty futures. GIFT Nifty was trading at approximately 22,663, reflecting a decline of about 110 points, or 0.48%, from the prior close of Nifty futures, indicating a subdued beginning for domestic benchmark indices. The benchmark index experienced a reversal of its four-session decline on Monday, increasing by 483 points, while the broader index regained the 22,750 mark, driven by value purchasing and upward movements in the metal, telecom, and healthcare sectors. The 30-share BSE Sensex rebounded from initial declines to finish 482.92 points, or 0.66%, higher at 73,606.75. The NSE Nifty 50 gained 153.20 points, or 0.68%, to settle at 22,753.20, ending its four-day losing streak.
Several stocks are poised to attract attention during Tuesday’s trading session as companies unveil significant corporate developments. Updates pertaining to order wins, business performance, expansion strategies, and other company-specific announcements may impact fluctuations in individual stocks. Larsen & Toubro, Maruti Suzuki, Paytm, DCM Shriram, and Tata Consumer are among the shares attracting attention on Tuesday.
Equities to Monitor:
- Larsen and Toubro, Maruti Suzuki India, Bajaj Auto, Tata Steel, Cipla, Indus Towers, Mazagon Dock Shipbuilders, JSW Infrastructure, Steel Authority of India, and Waaree Energies shares are poised to attract attention as these companies are set to announce their Q2 results for 2026 today.
- Paytm reported a remarkable 976% increase in consolidated net profit, reaching Rs 226 crore in Q2 FY27, up from Rs 21 crore in the same quarter of the previous year. Revenue from operations increased by 28% year-on-year, reaching Rs 2,648 crore.
- Tata Consumer Products reported a 17.6% year-on-year increase in net profit to Rs 467 crore for Q2 FY27, up from Rs 397 crore a year earlier. Revenue increased by 14% to Rs 5,661 crore, whereas EBITDA experienced a growth of 16.5% to Rs 783 crore.
- REC’s net profit experienced a decline of 21.2% year-on-year, amounting to Rs 3,478 crore in Q2 FY27, in contrast to Rs 4,415 crore recorded in the same quarter of the previous year. It also announced a second interim dividend of Rs 3.50 per equity share with a face value of Rs 10 for FY27.
- DCM Shriram reported a 34.09% decline in net profit year-on-year, amounting to Rs 105 crore in Q2 FY27, despite a revenue increase of 21% to Rs 4,151 crore.
- Bank of Maharashtra reported a 41.5% year-on-year increase in net profit to Rs 2,310 crore for the second quarter, compared to Rs 1,633 crore in the same period last year.
- Aequs reported a net loss of Rs 52.3 crore in Q2 FY27, an increase from a loss of Rs 21 crore in the corresponding quarter of the previous year.
- KFin Technologies’s net profit increased by 33.4% on a quarter-on-quarter basis, reaching Rs 100.3 crore in Q2 FY27, in contrast to Rs 75.2 crore in the previous quarter.
- Highway Infrastructure has been awarded a Letter of Acceptance valued at approximately Rs 91.78 crore by the National Highways Authority of India.
- Dalmia Bharat reported a net loss of Rs 205 crore in Q2 FY27, contrasting with a net profit of Rs 239 crore in the same quarter of the previous year, which included an exceptional one-time loss of Rs 339 Rs Rs .
