BILKUL BAZAAR— The Daily News Wrap
- Bilkul Online
- 9:00 PM | 26 Oct –27 Oct 2026
National Business News Highlights
1. Sensex and Nifty End Nearly Flat as Investors Track Oil Prices
Indian benchmark indices closed almost unchanged on Tuesday as investors weighed elevated crude oil prices and the US Federal Reserve’s upcoming interest-rate decision. The Sensex slipped 0.01% to 73,598.67, while the Nifty 50 edged down 0.02% to 22,749.75.
2. Sona BLW Shares Rise After Strong Quarterly Performance
Shares of Sona BLW Precision Forgings, also known as Sona Comstar, advanced after the company reported a 29% increase in quarterly profit and 35% growth in revenue. Strong electric-vehicle business performance supported investor sentiment.
3. Tata Consumer Products Reports 16% Rise in Quarterly Profit
Tata Consumer Products reported a 16% increase in second-quarter net profit to ₹469 crore, while sales rose 14%. The results helped lift its shares amid a largely subdued broader market.
4. Ather Energy Shares Rally Following First Quarterly Profit
Electric two-wheeler manufacturer Ather Energy attracted investor attention after reporting its first-ever quarterly profit, alongside a 63% surge in revenue. Its shares extended their rally as investors assessed the company’s growth prospects.
5. Five IPOs Target Nearly ₹2,600 Crore in Fundraising
India’s primary market is witnessing another busy week, with five mainboard IPOs aiming to raise a combined ₹2,581 crore. The offerings include EAAA India Alternatives, SFC Environmental Technologies, BLS Polymers, MK Sons Fine Jewels and Bombay Coated and Special Steels.
6. SFC Environmental Technologies Opens ₹667.53-Crore IPO
SFC Environmental Technologies opened its public issue on October 27, with a price band of ₹313–₹330 per share. The wastewater-treatment and environmental-infrastructure company plans to use part of the fresh issue proceeds to repay borrowings and meet working-capital requirements.
7. BLS Polymers Launches ₹255-Crore Public Issue
BLS Polymers opened its ₹255-crore IPO, priced between ₹142 and ₹150 per share. The company plans to expand its Goa manufacturing facility and strengthen its working-capital position using the proceeds.
8. HDFC Bank Begins New Leadership Chapter
Anup Bagchi has taken charge as managing director and chief executive officer of HDFC Bank, succeeding Sashidhar Jagdishan. Investors will watch how the new leadership shapes the bank’s strategy and business priorities.
9. Government Focuses on Fiscal Deficit and Public Debt Targets
The Union government has outlined an ambition to reduce the fiscal deficit and bring public debt down to 50% of GDP by 2030. The targets underline the focus on fiscal consolidation while balancing development and infrastructure spending.
10. India–US Trade Agreement Talks Enter Fine-Tuning Stage
Commerce and Industry Minister Piyush Goyal said India and the United States were fine-tuning their trade agreement after concluding most of the negotiations. The outcome could influence bilateral trade, market access and investment flows.
International Business News
1. Anthropic Files for Major US Stock Market Listing
Artificial intelligence company Anthropic has filed for an initial public offering in the United States, setting the stage for a potentially record-breaking stock market debut. The move has renewed investor interest in AI companies while raising questions about profitability and the cost of developing advanced technology.
2. Meta Plans Massive Fundraising for AI Expansion
Meta Platforms has announced plans to raise up to $95 billion through equity fundraising to support its artificial intelligence infrastructure and product development. The move reflects the enormous investment required to compete in the global AI race.
3. Asian Markets Rally on Renewed AI Optimism
Asian stock markets advanced on Tuesday, led by technology-heavy South Korea and Japan. Investor sentiment improved following Anthropic’s IPO filing, while traders prepared for major technology company earnings and central-bank policy decisions.
4. HSBC Shares Fall After Revenue Disappoints Investors
HSBC shares dropped sharply after its revenue performance disappointed investors, weighing on European banking stocks. The development highlighted concerns about bank earnings as financial markets assessed the global economic outlook.
5. Global Investors Await Major Technology Earnings and Fed Decision
Investors worldwide are closely watching upcoming results from Microsoft, Alphabet and Amazon, alongside the US Federal Reserve’s interest-rate announcement. The outcomes could influence technology valuations, borrowing costs and international market sentiment.
Quote of the Day
“Risk comes from not knowing what you’re doing.”
— Warren Buffett
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