Indian equity markets are poised for a flat start on Tuesday, October 6, 2026, as indicated by GIFT Nifty futures trading up 14.70 points, or 0.07 per cent, at 22,635.50 on the NSE International Exchange. This follows a period of optimism on Monday, fueled by supportive global cues regarding inflation and easing crude oil prices.
Key Stocks in the Spotlight
Several prominent companies are expected to capture investor attention today due to recent financial updates, corporate actions, and market debuts:
- Axis Bank: The private lender reported robust growth for the September 2026 quarter, with gross advances surging 22.7 per cent year-on-year to Rs 13.84 lakh crore. Total deposits also saw a significant rise of 20.7 per cent YoY to Rs 14.52 lakh crore, while CASA deposits increased by 10.6 per cent YoY to Rs 5.29 lakh crore.
- Trent: Tata Group's retail arm recorded a 23 per cent year-on-year increase in revenue to Rs 5,788 crore for the September 2026 quarter. The company expanded its footprint by adding 10 Westside and 17 Zudio stores, bringing its total portfolio to 1,342 stores.
- Kotak Mahindra Bank: This private lender also posted strong Q2FY27 results, with net advances jumping 24.7 per cent YoY to Rs 24.7 lakh crore. CASA increased by 11.3 per cent YoY to Rs 2.49 lakh crore, and total deposits grew 23.2 per cent YoY to Rs 6.51 lakh crore.
- Vedanta: The company's board is scheduled to meet on October 8 to consider the declaration of the first interim dividend for FY27. The record date for determining shareholder eligibility for this potential dividend has been set for October 14.
- Rentomojo: The online rental platform saw its net loss fall 38.6 per cent YoY to Rs 7.8 crore in the June 2026 quarter, while revenue climbed 51.1 per cent YoY to Rs 126.3 crore. EBITDA improved by 17.5 per cent YoY to Rs 40.9 crore.
- SRIT India: The IT solutions provider is set to make its stock market debut today after a successful IPO between September 28-30, raising Rs 218 crore. The issue was oversubscribed more than 125 times.
- Zydus Lifesciences: The pharmaceutical company has partnered with MSN Laboratories to launch generic riociguat tablets in the United States, becoming one of the first to offer this generic version of Adempas.
Quarterly Results and Corporate Actions Today
Several companies will announce their June 2026 quarter results today, including Asset Reconstruction Company (India) (ARCIL), Glass Wall Systems (India), Kanohar Electricals, Karamtara Engineering, and Veegaland Developers.
In terms of corporate actions, shares of BLS E-Services will trade ex-date for a stock split, and Veranda Learning Solutions will trade ex-date for a spin-off today.
Other Noteworthy Developments
- IndusInd Bank: Reported Q2FY27 net advances growth of 11.2 per cent YoY and deposit growth of 10.1 per cent YoY.
- Juniper Hotels: Signed an MoU to acquire the Novotel Imagicaa hotel in Khopoli, Maharashtra, for Rs 248 crore.
- GAIL (India): Rajeev Kumar has been appointed as Government Nominee Director on the board, effective October 1, 2026.
- Marico: Increased its stake in Satiya Nutraceuticals to 84.09 per cent by acquiring an additional 24.09 per cent.
- BGR Energy Systems: Entered into a Master Restructuring Agreement with National Asset Reconstruction Company for outstanding debt of Rs 3,736 crore.