Indian equity markets are poised for a muted opening on Thursday, October 8, 2026. The Gift Nifty futures on the NSE International Exchange indicated a flat start for domestic indices, trading down 12.90 points, or 0.06 per cent, at 22,620. This comes after the Reserve Bank of India (RBI) increased interest rates as expected, influencing market sentiment.
Key Stocks in the Spotlight
Several companies are expected to draw investor attention today due to significant corporate developments and earnings announcements.
Tata Consultancy Services (TCS)
The IT giant is scheduled to announce its second-quarter earnings for the September 2026 quarter later today, a key event for market watchers.
TD Power Systems
The electric motors manufacturer launched its Qualified Institutions Placement (QIP) issue on October 7, with a floor price set at Rs 775.35 per share. The company aims to raise up to Rs 600 crore through this QIP, according to media reports.
HCL Technologies
HCL Tech is expanding its global footprint by launching a new regional headquarters in Johannesburg, South Africa. This facility will enhance the company's technology innovation and delivery capabilities in the region and will also house an AI Center of Excellence.
Tata Power Company
In a move towards sustainable energy, Tata Power has partnered with Norway's Ocean Sun to introduce its innovative membrane-based floating solar technology to India. A 300-kWp pilot project is planned at Tata Power's Mulshi reservoir in Maharashtra.
Ola Electric Mobility
The company's board has approved a rights issue of 37.02 crore equity shares, valued at Rs 999.73 crore, priced at Rs 27 per share. The record date for eligible shareholders is October 13, with the rights issue opening on October 22 and closing on October 30.
Hindustan Aeronautics (HAL)
HAL's board has approved the appointment of Anindya Biswas, DS & DG (Aero), DRDO, as a part-time official Director (Government Nominee Director). He replaces K Rajalakshmi Menon, effective October 7, pending shareholder approval.
Other Corporate Actions & Results
- Shankara Buildpro shares will trade ex-date for a stock split.
- Bhagyanagar India shares will trade ex-date for a spin-off.
- Ambuja Cements, Bandhan Bank, SAIL, and LIC Housing Finance are currently under the F&O ban for the day.
- Godrej Properties, in partnership with BMC and RC Group, announced the first phase of a landscaped bayside promenade at Bandra Bay in Mumbai.
- Allcargo Terminals reported total volumes of 61,800 TEUs in September, a 7 per cent decrease year-on-year and a 6 per cent decline from the previous month.
- RPP Infra Projects has decided to withdraw from the Legend 96 residential project, citing delays in approvals, financing issues, and proposed changes to the revenue-sharing agreement.