Market Bizzz

CAMS board approved a 1:5 stock split, its first since May 2021, aiming to increase share liquidity without affecting market capitalization amid past volatility.

Six F&O stocks, including MCX, SAIL, and UNO Minda, witnessed a sharp rise in futures open interest on October 9, signaling fresh build-up of positions and heightened trader participation in the derivatives segment.

Five Nifty200 stocks, including Hindustan Zinc, Motilal Oswal Financial Services, and Sona BLW, formed a bullish White Marubozu pattern on October 9, signaling strong buying momentum and potential upward movement.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Tata Consultancy Services announces its Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates challenges including employee separation, wage adjustments, and uncertain US demand. Key factors to watch include the impact of layoffs, US market outlook, revenue growth, and margin performance. Mega deals and vertical performance are also under scrutiny.

October 9 is the last day to buy shares of Hexaware Technologies, Rashtriya Chemicals & Fertilizers, and Sacheta Metals to qualify for the announced dividends. Hexaware offers a 575% interim payout, RCF 13.2%, and Sacheta Metals 2.5%, with ex-dividend from October 10.

Rubicon Research’s Rs 1,377 crore IPO opens on October 9. The specialty and generics pharmaceutical manufacturer offers shares at Rs 461-485. Grey market premium indicates strong listing expectations. Arihant Capital recommends subscribing due to growth and product pipeline. The company shows a financial turnaround with surging revenue and profit. This IPO offers exposure to a fast-scaling pharma exporter.

Tilaknagar Industries share price: Tilaknagar Industries received CCI approval to acquire Pernod Ricard India’s Imperial Blue whisky business for Rs 4,150 crore, including a deferred payment of Rs 282 crore. The deal, executed as a slump sale, strengthens Tilaknagar’s position in India’s growing whisky market.

Titan Company reported 20% year-on-year growth in Q2FY26, driven by strong jewellery sales and an 86% surge in international revenue led by Tanishq. The company added 55 new stores, expanding its total footprint to 3,377 across domestic and overseas markets.

Tata Motors share price: Jaguar Land Rover (JLR), Tata Motors’ UK-based luxury vehicle arm, reported a 17% YoY decline in Q2FY26 retail sales to 85,495 units due to a cyber attack that disrupted production, alongside challenges from the wind-down of Jaguar models and higher US tariffs.