DATE5 Oct

NIFTY 22,556 ▲ 0.60%BANK NIFTY 54,714 ▲ 0.48%NIFTY IT 28,302 ▼ 0.01%NIFTY PHARMA 26,117 ▼ 0.74%PWL 131 ▲ 9.10%SCI 291 ▲ 8.82%NUVAMA 1,821 ▲ 7.02%DMART 3,567 ▼ 6.45%ESCORTS 2,821 ▲ 5.76%NETWEB 4,765 ▲ 5.42%KALYANKJIL 557 ▲ 5.36%PFOCUS 286 ▼ 5.27%RRKABEL 2,648 ▲ 5.15%ITC 269 ▲ 5.08%NIFTY 22,556 ▲ 0.60%BANK NIFTY 54,714 ▲ 0.48%NIFTY IT 28,302 ▼ 0.01%NIFTY PHARMA 26,117 ▼ 0.74%PWL 131 ▲ 9.10%SCI 291 ▲ 8.82%NUVAMA 1,821 ▲ 7.02%DMART 3,567 ▼ 6.45%ESCORTS 2,821 ▲ 5.76%NETWEB 4,765 ▲ 5.42%KALYANKJIL 557 ▲ 5.36%PFOCUS 286 ▼ 5.27%RRKABEL 2,648 ▲ 5.15%ITC 269 ▲ 5.08%

Morning brief · Wednesday, 7 October 2026

IDFC First Bank share drop sparks debate over cautious leadership

Market pulse

The Nifty rose 0.6 percent to close at 22,556, while Bank Nifty and Nifty IT remained flat. Physicswallah surged 9.1 percent, while Avenue Supermarts dropped 6.45 percent.

From the investor's mind

One post worth your time, explained

@aditya_kondawar · on X

HCLSoftware, the software business division of HCLTech, has announced its intent to acquire Zagreb, Croatia-based Robotiq ai, a provider of an enterprise robotic process automation platform. Highlighting the deal on X, investor Aditya Kondawar points out that such robotic announcements are not one-off events and urges market participants to keep a close watch on this space. The transaction signals a notable move by the IT services giant's software arm to integrate specialized robotic process automation capabilities into its portfolio, underscoring the growing relevance of this segment.

Know more about the stock

Word in the street

What the wider market is buzzing about

IDFC First Bank Limited

₹82Past year ▲ 15%M.cap ₹69,862 Cr

Market participants are closely dissecting IDFC First Bank Limited, a lender with a market capitalization of about 69,862 crore whose stock has risen 15.06 percent over the past year. A recent drop in the bank's share price has investors debating the cautious presentation style of its leadership, specifically contrasting it with Kotak Bank. While Kotak displayed actual figures and noted the FCNR impact, IDFC excluded this non-recurring impact from its main quarterly figures. Some argue this extra caution caused a temporary setback, even as management purposely slowed term deposit growth due to the high liquidity infused by those FCNR flows.

Know more about the stock

Yesterday's big moves