DATE16 Oct

NIFTY 23,146 ▲ 0.65%BANK NIFTY 55,844 ▲ 0.06%NIFTY IT 31,924 ▲ 3.92%NIFTY PHARMA 25,782 ▼ 0.14%HBLENGINE 833 ▲ 17.27%TECHM 1,790 ▲ 8.48%RRKABEL 2,388 ▼ 8.29%CCL 1,008 ▼ 7.10%SHRIPISTON 4,630 ▲ 6.85%THANGAMAYL 5,098 ▲ 6.41%WIPRO 184 ▲ 5.95%AIIL 572 ▲ 5.64%KPITTECH 555 ▲ 5.51%APARINDS 16,033 ▼ 5.21%NIFTY 23,146 ▲ 0.65%BANK NIFTY 55,844 ▲ 0.06%NIFTY IT 31,924 ▲ 3.92%NIFTY PHARMA 25,782 ▼ 0.14%HBLENGINE 833 ▲ 17.27%TECHM 1,790 ▲ 8.48%RRKABEL 2,388 ▼ 8.29%CCL 1,008 ▼ 7.10%SHRIPISTON 4,630 ▲ 6.85%THANGAMAYL 5,098 ▲ 6.41%WIPRO 184 ▲ 5.95%AIIL 572 ▲ 5.64%KPITTECH 555 ▲ 5.51%APARINDS 16,033 ▼ 5.21%

Morning brief · Saturday, 17 October 2026

New wagon design sparks intense market interest in Kalyani Cast-Tech

Market pulse

The Nifty rose 0.65 percent to close at 23,146, powered by a 3.92 percent surge in Nifty IT. While Bank Nifty remained flat, HBL Engineering emerged as a notable gainer, surging 17.27 percent.

From the investor's mind

One post worth your time, explained

@soicfinance · on X

The global demand for freeze-dried coffee remains significantly higher than that for spray-dried coffee, as highlighted by CCL Products in its earnings call. Pointing to this trend, Ishmohit Arora notes that these two popular forms of instant coffee require entirely different processing methods to remove water from the liquid coffee extract. This structural divergence in demand makes the distinction critical for the business-to-business supplier. Ultimately, understanding how these manufacturing processes and consumer demand dynamics differ is vital for assessing the growth and product-mix strategies of major instant coffee producers.

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Word in the street

What the wider market is buzzing about

Kalyani Cast-Tech Limited

M.cap ₹849 Cr

Investors across the broader market are training their sights on Kalyani Cast-Tech Limited, making it the most discussed stock of late. With a market cap of about 849 crore, this company has suddenly captured the spotlight as shareholders and traders swap opinions on its prospects. The focal point of all this chatter is the company's new wagon design, which has sparked intense interest and speculation among market participants. As discussions continue to gain momentum, observers are watching closely to see how this specific development unfolds, keeping the company at the very center of the market conversation.

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