Business

05

Oct

By The Press Editor

Business

Sensex ends 4-day losing streak, gains 473 points, Nifty top 22,550, ITC gains 4.49%

The domestic stock market ended the 4-day losing streak and closed in the green today. In the first trading session of the week, several stocks, including ITC, Eternal, Bharti Airtel, and Bajaj Finance, saw strong gains. However, on Monday, shares of HCL Tech, HDFC Bank, and Sun Pharma fell sharply. It should be noted that the market opened with gains. The BSE Sensex gained 472.77 points or 0.66 per cent to close at 72,382.47, while the NSE Nifty 50 index gained 133.80 points or 0.60 per cent to close at 22,555.75.  Shares of 20 out of 30 Sensex companies closed with gains.…

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05

Oct

By The Press Editor

Business

AI effect on surveillance shares, 2 stocks hit upper circuit even as market remains volatile

With the rise of artificial intelligence (AI), it is becoming a key growth driver for India’s surveillance and CCTV industry, with conventional security systems increasingly combined with video analytics, computer vision, and automated monitoring.  Amid this, several stocks are in focus. One of them is Aditya Infotech, which offers video security and surveillance products under the 'CP Plus' brand. The stock, which made its market debut a year ago, started today's trading session in the green at Rs 3,873.15 against the previous close of Rs 3,799.10 on the BSE. It gained further to touch the high of Rs 3,989.05 and…

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05

Oct

By The Press Editor

Business

Gold remains volatile on MCX, silver gains | Check city-wise rates

Precious metal futures showed signs of recovery on Monday, October 5, 2026, but gold remains volatile after the sharp correction in September. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 807 at Rs 1,51,197 per 10 grams, up from the previous close of Rs 1,50,390. However, it later saw profit booking and fell to touch the intraday low of Rs 1,48,850, down Rs 1,540 or 0.10 per cent. Last seen, it traded at Rs 1,49,699, down Rs 691 or 0.46 per cent. In between, it touched the low of Rs 1,48,850.…

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05

Oct

By The Press Editor

Business

Jio Platforms IPO: From expected subscription window to listing date, all you need to know about public issue

The much-awaited initial public offering (IPO) of digital services major Jio Platforms Limited is expected to open after Dussehra and before October 23, banking sources said. According to reports, Jio Platforms is expected to start an anchor round before Dussehra and is likely to list by the end of this month at an enterprise valuation of USD 143-146 billion, or above Rs 12 lakh crore. According to banking and market sources, the company has completed its international roadshows in the US, UK, Dubai, Hong Kong, and Singapore, led by Akash Ambani, Managing Director of Jio Platforms and Chairman of Reliance…

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05

Oct

By The Press Editor

Business

Orient Cables make stellar debut on bourses, shares list at 65% premium over IPO price on NSE

Shares of Orient Cables (India) Ltd, which specialises in networking cables and passive networking equipment, made a stellar debut on the bourses today, listing at a 65 per cent premium over the issue price. The stock listed at Rs 450 on the National Stock Exchange (NSE), a premium of 65.44 per cent to the issue price of Rs 272. On the BSE, the stock debuted at Rs 448.10. Meanwhile, shares of Snapdeal's parent, AceVector, listed at a discount of 11.50 per cent at Rs 28.32 against the issue price of Rs 32. The stock gained further after listing and touched the…

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05

Oct

By The Press Editor

Business

5 October, 2026 Stock Market Updates: Sensex jumps 400 points, Nifty above 22,500, Infosys, HDFC among top gainers

Indian equity benchmark indices, the Sensex and Nifty, started the session in the green, with Asian markets trading mostly positive after softer-than-expected US jobs data reduced expectations of an immediate Fed rate hike. The 30-share BSE Sensex surged 431.25 points, or 0.60 per cent, to 72,340.95, while the Nifty added 110.45 points to open at 22,532.40. In the last trading session, the Sensex closed at 71,909.70 and the Nifty 50 at 22,421.95. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index added 148.41 points, the BSE Smallcap Select Index gained 56.39…

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01

Oct

By The Press Editor

Business

HDFC Bank appoints Anup Bagchi as its new MD and CEO, to take charge from October 27

HDFC Bank has appointed former ICICI Bank's executive director (ED) Anup Bagchi as its new managing director (MD) and chief executive officer (CEO) for three years, said the company in a statement on Thursday. He will succeed Sashidhar Jagdishan and take charge from October 27 after he completes his tenure on October 26.  The development comes after the Reserve Bank of India (RBI) approved the appointment of Bagchi as HDFC Bank's new MD and CEO. The company also said Bagchi has also been appointed as HDFC's Additional Director of Bank (ADB) with effect from October 2 "till the date of approval…

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01

Oct

By The Press Editor

Business

Jet fuel prices for domestic airlines increased by around Rs 16 per litre: Will air travel get costlier?

New Delhi: Aviation turbine fuel (ATF) or jet fuel prices have witnessed a sharp increase from Thursday (October 1), putting fresh pressure on the operating costs of domestic airlines. According to state-owned oil marketing companies, ATF rates have been raised by around Rs 16 per litre, while commercial LPG prices have also gone up by Rs 62.59 for a 19-kg cylinder. The latest monthly revision comes amid changes in international benchmark prices and the rupee-dollar exchange rate. ATF is a major expense for airlines and accounts for up to 40 per cent of their operating costs. ATF price rises to Rs…

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01

Oct

By The Press Editor

Business

Commercial LPG cylinder prices hiked ahead of festival season, check city-wise new rates here

New Delhi: Consumers have been hit by a price hike just ahead of the festive season, with commercial LPG cylinder rates increasing from today (October 1). The price of 19-kg commercial cylinders has risen by more than Rs 60 in several cities, potentially increasing operating costs for hotels, restaurants, roadside eateries and other businesses that rely heavily on commercial gas. However, there has been no change in the prices of 14.2-kg domestic LPG cylinders, providing relief to household consumers for now. Delhi commercial LPG cylinder price rises by Rs 62.50 In Delhi, the benchmark city, the price of a 19-kg commercial…

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30

Sep

By The Press Editor

Business

From FD rules to biometric Aadhaar for LPG subsidy, check key financial rules changing in October 2026

As with the first of every month, some important rules affecting the common man's life will change starting October 1, 2026. These changes will have a widespread impact, including changes to the prices of LPG cylinders used in household kitchens and to ATM cash withdrawals. Furthermore, starting October 1, purchasing other electronic items, including TVs, refrigerators, and ACs, will also become more expensive. Let's look at some major rules changing in October 2026 that could directly affect your kitchen, bank account, and family matters.  Biometric Aadhaar mandatory for LPG subsidy Biometric Aadhaar authentication (BAA) will be mandatory for subsidised LPG cylinders from…

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