FOMO To FMA - Earnings Momentum Meets Global Caution: Infosys Ignites IT, FIIs Fuel the Fire as India Awaits Mega Friday Showdown

Global Market Futures (as of 06:30 AM IST)

US Market (Futures)

Nasdaq: -0.17%
Dow Jones: -0.17%
S&P 500: -0.22%

European (Futures)

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Asian

Nikkei: -0.86%
ASX 200: -0.63%
Kospi: -0.17%

Gift Nifty = 25,594.50 (-0.03%)

FII and DII Trading Activity October 16, 2025 in Cash market:

~FIIs / FPIs: Net Buy of ₹997.29 crore

~DIIs: Net Buy of ₹4,076.20 crore

Key Results Today:

Reliance Industries, JSW Steel, JSW Energy, 360 ONE WAM, Atul, AU Small Finance Bank, Bajaj Healthcare, Bank of India, Ceat, Central Bank of India, CESC, CRISIL, Dalmia Bharat, DCB Bank, Dixon Technologies, Havells India, Hindustan Zinc, India Cements, IndiaMART InterMESH, Jindal Saw, Jana Small Finance Bank, L&T Technology Services, Oracle Financial Services Software, Polycab India, Poonawalla Fincorp, PVR Inox, REC, Shoppers Stop, Sobha, Solarworld Energy Solutions, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Technologies, Tejas Networks, TTK Healthcare, UCO Bank, and Ujjivan Small Finance Bank will announce their quarterly earnings today.

Results on October 18:

HDFC Bank, ICICI Bank, UltraTech Cement, Punjab National Bank, RBL Bank, IDBI Bank, IDFC First Bank, IndusInd Bank, Jammu & Kashmir Bank, Federal Bank, Agi Greenpac, Anand Rathi Share And Stock Brokers, Can Fin Homes, Jaro Institute of Technology Management and Research, Jaiprakash Power Ventures, SML Isuzu, UTI Asset Management Company, and Yes Bank will release their quarterly results on October 18

Key Quarterly Earnings Update:

Infosys Q2 (Consolidated YoY)

Infosys reported a 13.2% profit rise to ₹7,364 cr with revenue up 8.6% to ₹44,490 cr. EBIT grew 8.1%, margin fell 10 bps to 21%. Interim dividend ₹23/share. FY26 guidance: 2–3% revenue growth, 20–22% margin.

Wipro Q2 (Consolidated YoY)

Wipro’s profit rose 1.2% to ₹3,246 cr as revenue grew 1.8% to ₹22,697 cr. IT services EBIT increased 1.3% but margin dipped to 16.7%. Company guided Q3 IT services revenue of $2.59–2.64 bn.

Jio Financial Services Q2 (Consolidated YoY)

Profit inched up 0.9% to ₹695 cr while revenue surged 41.5% to ₹981 cr. AUM rose sharply to ₹14,712 cr. Pre-provisioning operating profit improved to ₹579 cr from ₹552 cr.

LTIMindtree Q2 (Consolidated YoY)

Profit increased 10.4% to ₹1,381 cr; revenue grew 10.2% to ₹10,394 cr. EBIT rose 13%, margin expanded to 15.9%. Dollar revenue up 4.8% to $1.18 bn. Interim dividend ₹22/share declared.

JSW Infrastructure Q2 (Consolidated YoY)

Profit declined 2.8% to ₹361 cr despite revenue jumping 26.4% to ₹1,266 cr. Higher revenue was offset by cost pressures leading to marginal profit fall.

Cyient Q2 (Consolidated YoY)

Cyient’s profit dropped 28.8% to ₹128 cr as revenue fell 3.7% to ₹1,781 cr. Company declared an interim dividend of ₹16

Vikram Solar Q2 (Consolidated YoY)

Profit surged 1,646.5% to ₹128 cr from ₹7.4 cr, supported by 93.7% revenue growth to ₹1,110 cr, reflecting strong demand and operational efficiency.

Metro Brands Q2 (Consolidated YoY)

Metro Brands saw profit decline 3.9% to ₹69 cr, while revenue increased 11.2% to ₹651 cr, indicating higher costs despite sales growth.

CIE Automotive India Q2 (Consolidated YoY)

Profit grew 9.6% to ₹214 cr with revenue up 11.1% to ₹2,372 cr, supported by strong demand across automotive segments.

Punjab & Sind Bank Q2 (YoY)

Profit rose 22.9% to ₹295 cr, NII up 8.8% to ₹950 cr. Gross NPA fell to 2.92%, Net NPA to 0.83%. Board approved ₹5,000 cr capital raise and ₹3,000 cr infra bond issue by FY27.

Rallis India Q2 (YoY)

Profit grew 4.1% to ₹102 cr, but revenue fell 7.2% to ₹861 cr, indicating margin improvement amid weak sales.

Sunteck Realty Q2 (Consolidated YoY)

Profit climbed 41.4% to ₹49 cr; revenue jumped 49.3% to ₹252 cr, reflecting strong project execution and sales momentum.

PNB Gilts Q2 (YoY)

Reported loss of ₹45 cr vs ₹115 cr profit last year, with revenue down 11.5% to ₹443 cr due to mark-to-market losses and interest rate pressures.

Key Corporate & Economy Updates:

Positive

~Choice International: Posted strong Q2 results with ₹564.6 million profit on ₹2.74 billion revenue.

~Sunteck Realty: Q2 profit rose to ₹489.7 million on ₹2.52 billion revenue, supported by steady project sales.

~JSW Energy: Secured 400 MW, 25-year deal with Karnataka, bolstering long-term revenue visibility.

~Vikram Solar: Reported ₹1.28 billion profit on ₹11.1 billion revenue in Q2 FY26, highlighting strong operational momentum.

~CIE Automotive India: Achieved ₹2.14 billion profit, continuing its profitable streak.

~Punjab & Sind Bank: Strong Q2 performance; plans ₹50 billion fundraising by FY27.

~Jio Financial Services: Maintained steady Q2 with ₹9.81 billion revenue and ₹6.95 billion profit.

~Rallis India: Reported robust Q2 showing ₹8.61 billion revenue and ₹1.02 billion profit.

~LTIMindtree: Declared ₹22 interim dividend; beat Q2 estimates with ₹103.94 billion revenue and ₹14.01 billion profit.

~Infosys: Q2 FY26 revenue strong with $3.1 billion TCV; projected 20–22% margins.

Negative

~Samvardhana Motherson: Faced ₹3.7 million penalty over VAT dispute in Argentina.

~PNB Gilts: Posted ₹453.5 million loss despite ₹4.43 billion revenue in Q2.

~Finolex Cables: Hit by ₹4.1 million tax demand.

~Wipro: Shares slipped 1.1% post-Q2 results; marginal profit miss.

~Star Delta Transformers: Received ₹2.8 million ESIC recovery order.

Neutral:

~Covidh Technologies: Announced ₹8.09 crore rights issue at ₹10 per share (25:1 ratio).

~Novelix Pharmaceuticals: Partnered with German institute for astaxanthin production scale-up.

~Aurum PropTech: To acquire 8.2% in K2V2 for ₹63.3 million.

~Central Bank of India: Partnered with Godrej Housing Finance for co-lending expansion.

~Waaree Energies: Reported strong earnings amid ongoing U.S. probe.

~Power Finance: Received ₹198.4 million for transmission project transfer to Power Grid.

~Biocon Biologics: Launched affordable insulin glargine in U.S. with Civica.

~Wipro Q2: Revenue slightly beat; profit miss reflects muted tech demand.

Non-Corporate, Unlisted & International Stock News

1) IMF Chief: Urged India to deepen trade integration amid evolving global trade shifts.

2) RBI: Permitted ₹170 billion loan raise across five states to strengthen fiscal health.

3) RBI: Lifted lending ban on Pune Sahakari Bank.

4) Laos Minister: Announced resumption of power exports to Singapore via ASEAN grid.

5) NSE: Increased silver futures margin by 2% to manage risk.

Bulk Deals

Rubicon Research:

Nomura Funds Ireland Plc’s India Equity Fund purchased 16.5 lakh shares (1% stake) in Rubicon Research at ₹616.31 per share, totaling ₹101.69 crore, marking a significant institutional investment in the pharmaceutical company.

Canara Robeco AMC:

Negen Capital Services, led by Neil Bahal, acquired 10.9 lakh shares of Canara Robeco AMC at ₹281.79 per share, investing ₹30.7 crore, signaling growing investor interest in the asset management firm.

CarTrade Tech:

Plutus Wealth Management LLP bought 3.75 lakh shares (0.78% stake) at ₹2,454.98 per share worth ₹92.06 crore. Meanwhile, Oxbow Master Fund sold 2.84 lakh shares for ₹69.48 crore, reducing its 2.82% holding in the auto platform.

CMS Info Systems:

PPFAS Mutual Fund bought 20 lakh shares (1.21% stake) at ₹358 per share for ₹71.6 crore, while Ward Ferry’s WF Asian Reconnaissance Fund offloaded 26.9 lakh shares worth ₹96.3 crore, cutting its 3.14% holding in the cash management firm.

IRB InvIT Fund:

L&T Technology Services and Larsen & Toubro jointly acquired 5.13 crore units (8.85% stake) for ₹309.9 crore. Meanwhile, several institutions sold 8.23 crore units (14.19% stake) worth ₹505.11 crore, indicating a major ownership reshuffle.

Mainboard Listing on October 17:

Canara HSBC Life Insurance Company

SME Listing on October 17:

SK Minerals & Additives, Sihora Industries, Shlokka Dyes

On-going IPO:

(Last Date 17-Oct)

-Midwest Ltd

Stocks Trading Ex-Dividend on October 17, 2025

Anand Rathi Wealth Ltd, HCL Technologies Ltd, Platinum One Business Services Ltd,

Stocks Trading Ex-Split on October 17, 2025

-AB Infrabuild Ltd (From Rs. 10 to Re.1)

-Narmada Macplast Drip Irrigation Systems Ltd (From Rs. 10 to Rs. 2)