FOMO To FMA - Bulls Roar, Asia Slips, and India Awaits the Earnings Symphony

Global Market Futures (as of 06:45 AM IST)

US Market (Futures)

Nasdaq: +1.79%

Dow Jones: +0.78%

S&P 500: +1.26%

European (Futures)

Ftse 100: +0.04%

Cac 40: -1.54%

Dax : +0.38%

Asian

ASX 200: -0.60%

Kospi: -1.21%

Taiwan Weighted Index: -2.25%

Gift Nifty = 25,322 (+0.43%)

Note: Japan & Canada markets observe Trading Holiday Today.

FII and DII Trading Activity October 10, 2025 in Cash market:

~FIIs / FPIs: Net Buy of ₹459.20 crore

~DIIs: Net Buy of ₹1,707.83 crore

Key Results Today:

HCL Technologies, Anand Rathi Wealth, Den Networks, Just Dial, Lotus Chocolate Company, and Stallion India Fluorochemicals will release their quarterly earnings today.

Key Quarterly Earnings Update:

Avenue Supermarts (DMart) (Q2, Consolidated YoY):

In Q2 FY25, Avenue Supermarts reported a 3.85% YoY profit rise to ₹684.85 crore, with EBITDA up 11% to ₹1,213.65 crore. However, margins contracted 29 bps to 7.28%.

Waaree Renewable Technologies (Q2, Consolidated YoY):

For Q2 FY25, Waaree Renewable Technologies’ profit surged 117.4% YoY to ₹116.3 crore, while revenue jumped 47.7% to ₹774.8 crore, reflecting strong operational and demand growth.

Quarterly / Monthly Business Updates:

Signature Global (Q2 YoY):

Pre-sales fall 28% to ₹2,010 cr; area sold drops 44%; collections rise 2% to ₹940 cr vs ₹920 cr.

Adani Energy Solutions (Q2):

System availability at 99.63% with minor decline; collection efficiency 100.59%; transmission order book ₹60,004 cr across 13 projects.

Phoenix Mills (Q2 YoY):

Retail consumption rises 13%; residential sales jump to ₹139 cr vs ₹27 cr; collections soar to ₹115 cr vs ₹60 cr.

Bajaj Finserv (September):

Bajaj Life Insurance premium ₹1,374.6 cr; Bajaj General Insurance gross direct premium ₹2,218.8 cr; steady monthly business performance.

Key Corporate & Economy Updates:

Positive

~HCLTech: Q2 FY26 results due today with positive growth signals and a possible dividend announcement .

~RIL, Infosys, HDFC Bank, Wipro: Key Indices Giants to kick off Q2 earnings season this week, setting market tone.

~Adani Energy: SolutionsExpanded transmission network to 26,705 circuit kilometers in Q2 FY26.

~Phoenix Mills: Retail consumption rises 13% YoY in Q2 FY26, signaling revival in retail sector.

~Mahindra Lifespace: Secures ₹8 billion Mumbai redevelopment mandate, driving urban renewal projects.

~Mankind Pharma: Signs Rs 7.97 billion acquisition deal for branded business.

~Emmforce Autotech: Secures ₹105 million annual order, boosting prospects.

~Bank of Baroda: Revises one-year MCLR to 8.75%, lowering borrowing costs.

~Blue Dart: Launches instant digital account opening for MSMEs and enterprises.

~Sterling and Wilson Renewable Energy: Settles arbitration claims by paying $2.25 million in settlement.

~Gujarat Ambuja Exports: Signs ₹1 billion MoU for corn wet milling expansion.

~EbixCash: Partners with Banking Circle to enhance cross-border payments for Indian businesses.

~GHCL Textiles: SEBI’s order on Anurag Dalmia doesn’t affect operations; SAT grants relief with a stay on SEBI Order.

Negative

~Godfrey Phillips India: Major fire breaks out at Andhra Pradesh tobacco plant. No injuries, cause under investigation.

~Maruti Suzuki Wins favorable ITAT order, easing tax for FY 2010-13.

Neutral:

~Amic Forging: Plans capital raise up to ₹400 million via shares and ₹99.8 million via warrants.

~Raymond: Real estate subsidiary accelerates on a redevelopment model.

~Sarda Energy: Receives approval for 1.8 million tonne coal plant.

~HDFC AMC: May issue bonus shares for shareholder value amplification.

~Pro Fin Capital: ServicesBoard approves 1:1 bonus issue.

~Vesuvius India: Shuts Visakhapatnam plant, shifts to new facility.

~Infosys: Unveils AI-powered customer experience suite for Salesforce.

~Axis Bank: Receives a Letter of Caution from SEBI over 2009 KYC case oversight.

Non-Corporate, Unlisted & International Stock News

1) Tata Capital: IPO listing expected to dominate mainboard focus this week

2) SK Minerals: ₹41 crore SME IPO opens—strong investor interest in chemicals sector.

3) Visa partners Razorpay, PhonePe, PayU, and Juspay to launch Payment Passkey at GFF 2025.

4) MNRE recognizes three ports as green hydrogen hubs.

5) India Water & Rivers Forum 2025 held in New Delhi.

6) NITI Aayog releases AI economy job creation roadmap.

7) Haryana signs MoU with Spain for convention center.

8) AI grid system ‘SAKSHAM’ inducted by Indian Army

9) RBI: New cheque clearing system faces early delays.

10) SEBI: Market manipulation tightening while NRI investment norms eased out.

Bulk Deals

Cartrade Tech:

Plutus Wealth Management acquired 3.75 lakh shares (0.78%) in Cartrade Tech at ₹2,445.04 per share, totaling ₹91.68 crore, while Goldman Sachs India sold 3.61 lakh shares (0.76%) worth ₹88.41 crore, indicating an ownership shift.

WeWork India:

Plutus Wealth Management bought 11.46 lakh shares (0.85%) in WeWork India for ₹72.27 crore. Meanwhile, CLSA Global Markets and BofA Securities sold major stakes worth ₹78.97 crore and ₹60.73 crore, with CLSA retaining a 1.74% holding.

Main Board Listing on October 13

Tata Capital

On-going IPO

Last Day on 13-Oct-2025

-Canara Robeco Asset Management Company Ltd

-Rubicon Research Ltd

Last Day on 14-Oct-2025

-Canara HSBC Life Insurance Company Ltd

-SK Minerals and Additives Ltd (SME)

Stocks Trading Ex-Rights Issue on October 13, 2025

Suraj Industries Ltd.

Stocks Trading Ex-Bonus Issue on October 13, 2025*