DATE9 Oct

NIFTY 22,520 ▲ 1.30%BANK NIFTY 55,257 ▲ 1.36%NIFTY IT 28,575 ▲ 3.02%NIFTY PHARMA 25,962 ▲ 0.54%CYIENT 1,159 ▲ 6.83%INOXWIND 67 ▲ 6.76%KEC 370 ▲ 5.79%PERSISTENT 5,770 ▲ 5.52%CPPLUS 4,185 ▲ 5.36%HEXT 538 ▲ 5.30%GMRAIRPORT 92 ▲ 5.17%CUB 231 ▲ 5.16%BSOFT 285 ▲ 4.97%COLPAL 1,818 ▲ 4.73%NIFTY 22,520 ▲ 1.30%BANK NIFTY 55,257 ▲ 1.36%NIFTY IT 28,575 ▲ 3.02%NIFTY PHARMA 25,962 ▲ 0.54%CYIENT 1,159 ▲ 6.83%INOXWIND 67 ▲ 6.76%KEC 370 ▲ 5.79%PERSISTENT 5,770 ▲ 5.52%CPPLUS 4,185 ▲ 5.36%HEXT 538 ▲ 5.30%GMRAIRPORT 92 ▲ 5.17%CUB 231 ▲ 5.16%BSOFT 285 ▲ 4.97%COLPAL 1,818 ▲ 4.73%

Morning brief · Saturday, 10 October 2026

Investors debate market coupling as Indian Energy Exchange shares slide

Market pulse

The Nifty surged 1.3 percent to close at 22,520, powered by a 3.02 percent jump in the IT index. Cyient and Inox Wind led the session, with both stocks advancing over six percent.

From the investor's mind

One post worth your time, explained

@suru27 · on X

Anand Rathi Wealth experienced a sharp rise in operational outlays as expenses grew 42 percent while sales only increased by 16 percent. Investor Kumar Saurabh highlights that this mismatch in growth rates ultimately led to an 11 percent decline in profit after tax. The divergence underscores how rising operational overheads can quickly erode profitability even when a business maintains steady top-line growth. For market observers, the takeaway is the critical importance of monitoring expense structures, as rapid cost expansion can severely offset revenue gains and impact net earnings.

Know more about the stock

Word in the street

What the wider market is buzzing about

Indian Energy Exchange Limited

₹105Past year ▼ 23%M.cap ₹9,414 Cr

Investors are actively debating the future of Indian Energy Exchange Limited, whose stock has fallen 23.29 percent over the past year to a market capitalization of about 9,414 crore. The central point of discussion is market coupling, with some arguing the proposal is legally untenable because Grid India cannot trade electricity under the Electricity Act. Skeptics point to practical hurdles, noting the real-time market has a tight 75-minute transaction timeline that makes comparisons to stock exchanges absurd. While some believe these regulatory risks of being reduced to a broker are already priced in, others remain wary of the regulator's ultimate execution.

Know more about the stock

Yesterday's big moves