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Infosys has been in focus as the street is anticipating an increase in its revenue growth guidance when it reports its results on October 17.

Hero Motors had filed preliminary IPO documents with the Securities and Exchange Board of India (Sebi) for a ₹900 crore IPO earlier in August 2024.

As global markets trend downward, Pakistan’s stock market is defying the odds, extending a record-breaking rally. With improved macroeconomic indicators and investor optimism, the KSE-100 index continues to surge, bolstered by strong performances in key sectors.

CG Power has entered a definitive agreement to acquire Renesas Electronics Corporation’s radio frequency (RF) components business for $36 million, marking its entry into the semiconductor design business.

Shares of Shakti Pumps are under Additional Surveillance Measures (ASM) framework. The stock currently is in Stage III of the ASM framework.

HDFC Bank had also seen block deals on October 3, where BNP Paribas had sold shares worth ₹755 crore in the lender. Morgan Stanley and Citigroup were buyers in that transaction.

The Sensex shed 638 points, closing at 81,050, while the Nifty fell 219 points to end at 24,798.

ICICI Securities sees Vedanta weaving its growth story around two ‘Vs’ and one ‘C’ viz. volume, value, and cost reduction–across segments, especially in its aluminium and Zinc-India divisions.

On the charts, Suzlon’s Relative Strength Index (RSI) is now nearing “oversold” territories. The RSI for Suzlon is now at 33. An RSI reading below 30 indicates that the stock is in “oversold” territory. 

The HeidelbergCement India stock was trading 5.05% higher at ₹229.81. The stock is up 22% in the last one year, with its current market capitalisation at about ₹5,200 crore.