Stocks in focus today (Oct 6, 2026) include Axis Bank, Kotak Mahindra Bank, Trent, Vedanta, SRIT India (IPO debut), Shah Investor’s Home (listing), and ITC. Markets are expected to open higher ahead of the RBI policy decision, with GIFT Nifty up ~15 points.
📊 Key Stocks in News Today
Banking & Financials
Axis Bank: Reported 22.7% YoY growth in gross advances to ₹13.84 lakh crore; deposits up 20.7% YoY to ₹14.52 lakh crore. CASA deposits grew 10.6% YoY.
Kotak Mahindra Bank: Net advances up 24.7% YoY as of Sept 30, 2026.
Shah Investor’s Home: Lists today after raising ₹90 crore via IPO, subscribed 38x.
ARCIL (Asset Reconstruction Company of India): Quarterly results due today.
Retail & Consumer
Trent (Tata Group): Reported 23% YoY revenue growth to ₹5,788 crore in Q2 FY27.
ITC Ltd: Surged 5.08% in the last session, closing at ₹268.9. Intraday support at ₹265; resistance at ₹270–273.
Metals & Energy
Vedanta: In focus ahead of quarterly updates.
ONGC: Trading guide suggests long positions above ₹226 with stop-loss at ₹225.
Technology
SRIT India: IPO debut today after raising ₹218 crore; issue oversubscribed 125x.
Infosys: Intraday resistance at ₹1030–1055; long positions only above ₹1030.
TCS: Trading support at ₹2090; resistance at ₹2135–2185.
📈 Market Overview
Sensex closed at 72,382 (+473 points) yesterday, snapping a 4-day losing streak.
Nifty closed at 22,555 (+134 points); GIFT Nifty futures indicate a positive start at ~22,648.
Global cues: Asian markets higher after Nasdaq hit record highs; Brent crude near $100/barrel.
Flows: FPIs net sellers for 7th session (₹4,699 crore outflows), DIIs offset with ₹5,182 crore inflows.
⚠️ Risks & Watchpoints
RBI Policy Decision (Oct 7, 2026): Market expects a 25 bps rate hike, first since Feb 2023.
Crude Oil: Prices remain elevated above $100/barrel, posing inflation risks.
Rupee Weakness: Adds pressure on imports and corporate margins.