Indian equity markets are anticipated to open flat on Thursday, October 15, 2026, mirroring a global sell-off in US and Asian markets. This muted start is largely attributed to persistent hot inflation figures and expectations of further interest rate hikes. GIFT Nifty futures indicated a minimal rise of 6.50 points, or 0.02 percent, reaching 22,655 on the NSE International Exchange, suggesting a subdued beginning for domestic trading.
Corporate Actions Before the Bell
Several companies are scheduled for corporate actions today that will impact their share trading:
- Anand Rathi Wealth: Shares will trade ex-dividend.
- Samor Reality: Shares will trade ex-date for a stock split.
- Shivam Autotech & Shraddha Prime Projects: Both will trade ex-date for their respective rights issues.
Key Quarterly Results Today
A number of prominent companies are slated to announce their quarterly financial results on October 15, 2026. Investors will be closely watching reports from entities including HDFC Life Insurance, Jio Financial Services, Nestle India, Tech Mahindra, Wipro, HDFC AMC, 360 ONE WAM, Angel One, Armee Infotech, Cyient DLM, IIFL Finance, Indian Bank, Sri Lotus Developers, L&T Finance, Polycab India, Persistent Systems, South Indian Bank, Sterling and Wilson Renewable, Tata Communications, and UCO Bank.
Top Stocks in the Spotlight
Reliance Industries (RIL)
Jio Platforms, a subsidiary of RIL, is launching its substantial Rs 30,188-crore initial public offering (IPO). The public subscription window for the IPO is set for October 21-23, with a price band fixed between Rs 1,065 and Rs 1,119 per share. The offering includes a fresh issue of 27 crore equity shares, and the anchor book will open on October 19.
IDBI Bank
Fairfax Financial Holdings-backed Canada Inc. has received approval as the strategic buyer for IDBI Bank. The Indian government and Life Insurance Corporation of India (LIC) are set to divest a combined 60.72 percent stake in the bank for Rs 52,878 crore. The government will sell 30.48 percent, and LIC will offload 30.24 percent, with Canada Inc. acquiring shares at Rs 81 apiece.
ICICI Lombard General Insurance Company (GIC)
The private insurer reported a robust 15.5 percent year-on-year increase in net profit, reaching Rs 946.40 crore for the September 2026 quarter. Net premium income also saw a significant jump of 17.7 percent year-on-year to Rs 6,652 crore. Gross direct premium grew by 13.9 percent, and the company announced an interim dividend of Rs 7 per share.
Dr Reddy's Laboratories
The US Food and Drug Administration (USFDA) completed a pre-approval inspection at Dr. Reddy's FTO-9 manufacturing facility in Visakhapatnam, Andhra Pradesh, on October 8 and 9, 2026. The inspection concluded with the issuance of a Form 483, noting three observations.
HDB Financial Services
The non-banking financial company (NBFC) recorded a 34.3 percent year-on-year surge in net profit, hitting Rs 780 crore for the quarter ended September 30, 2026. Revenue rose 10.1 percent year-on-year to Rs 5,005 crore, and assets under management (AUM) expanded by 11.6 percent year-on-year to Rs 1.24 lakh crore. An interim dividend of Rs 2 per share was also declared.
Tata Technologies
The IT solutions provider posted a 4 percent year-on-year increase in net profit, reaching Rs 171.4 crore for the July-September 2026 period. Revenue saw a substantial growth of 28.4 percent year-on-year to Rs 1,323 crore. EBITDA stood at Rs 273.3 crore, up 31.5 percent year-on-year, with margins improving by 16.1 percent year-on-year.
Enviro Infra Engineers
Suyog Urja, a subsidiary of the water-treatment firm, has secured a letter of intent (LoI) from Arie Energy LLP for a project valued at Rs 228 crore. The project involves engineering, procurement, and construction (EPC) turnkey works for the development of the 100 MW Ajani Wind Power Project located in Latur, Maharashtra.
Om Power Transmission
The EPC solutions company has received a letter of acceptance (LoA) from Uttar Gujarat Vij Company for a turnkey contract worth Rs 101.56 crore. This contract entails converting the existing electrical line network into an underground cable network, along with related works, in Ambaji.