Markets Analyst, Peepals Business
Rohit Sharma
Rohit Sharma is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration. About the team · Editorial policy
72 recent articles on Peepals Business
Smallcaps sink nearly 3% as Sensex slips for fourth day, Brent near $114
Sensex fell 125.56 points to 73,123.83 and Nifty ended at 22,600 on October 23, 2026, after a 1,100-point intraday swing; smallcaps fell nearly 3%.
Punjab stubble fires hit 510 as Centre pushes paddy straw sales
Punjab logged 510 stubble fires by October 22, 2026, with fines in 184 cases, as Agriculture Minister Chouhan told farmers straw can sell for Rs 200-250 a quintal.
Persistent Systems opens Rs 4,265 crore QIP to pay for Nagarro deal
Persistent Systems opened a qualified institutional placement of up to $450 million (about Rs 4,265 crore) on 21-22 October 2026 to refinance the bridge loan for its Nagarro acquisition.
Gold rate today: MCX gold slips below Rs 1.42 lakh, silver below Rs 2 lakh
On 23 October 2026 MCX gold fell to an intraday low of Rs 1,41,806 per 10 grams and silver dropped below Rs 2 lakh a kg as high crude prices revived inflation worries.
Bonfiglioli Transmissions lists flat at Rs 586 despite 46-times IPO demand
Bonfiglioli Transmissions shares opened at the IPO price of Rs 586 on NSE and BSE on 23 October 2026, then slipped, after an offer that drew bids 46 times the shares on sale.
Fertiliser subsidy may hit Rs 3.32 lakh crore; ICRIER backs cash transfers
ICRIER briefs reported on October 22, 2026 put India's 2026-27 fertiliser subsidy at up to Rs 3.32 lakh crore and recommend direct cash transfers to farmers.
HPCL share in focus as Q2 profit returns at Rs 3,625 crore
HPCL posted a Q2 FY27 consolidated profit of Rs 3,625 crore on October 22, 2026, after a Rs 12,265 crore Q1 loss, as refining margins jumped; profit fell 6% on year.
Ex-OpenAI research chief's Arda raises $230 million for factory AI
Arda, co-founded by ex-OpenAI research chief Bob McGrew, raised $230 million at a $1.5 billion valuation on October 20, 2026 for AI that reprograms factory lines.
Nasdaq falls 2.6%, worst day since June, as Meta and chip stocks slide
Nasdaq fell 2.6% to 26,008.86 on October 22, 2026, its worst day since June, as AI spending worries sank Meta about 7% and chip stocks; the Dow was flat.
Texas Instruments revenue rises 28% as industrial chip sales jump over 40%
Texas Instruments' July-September 2026 revenue rose about 28% to $6.06 billion as industrial chip sales grew over 40%; it guided Q4 above seasonal norms.
Sensex falls 460 points to 73,249 as Brent tops $110; Reliance drags
The Sensex fell 460.30 points to 73,249.39 and the Nifty 123.70 points to 22,687.65 on October 22, 2026, as oil above $110 hit Reliance and smaller stocks.
Fynd enters factory software with Fynd Forge, live at NeoLync's Tirupati plant
Fynd launched Fynd Forge, an AI-enabled factory floor system, on October 21, 2026, first deployed at NeoLync's electronics plant in Tirupati.
Abbott to spin off Similac, Ensure nutrition unit; shares fall 4%
Abbott said on October 21, 2026 it will spin off its $8.5 billion nutrition business by end-2027; shares fell more than 4% on the news.
Lasalgaon onion prices rise about Rs 700 a quintal in a week
Average onion prices at Lasalgaon rose from Rs 3,351 to Rs 4,050 a quintal between October 10 and 19, 2026, as old stocks shrank and new kharif arrivals were delayed.
PC Jeweller shares jump 9% after Q2 profit rises 58%, firm turns debt-free
PC Jeweller shares rose up to 9% to Rs 20.17 on October 22, 2026 after its Q2 net profit rose 58% to Rs 330.66 crore and it said it had repaid all bank debt.
Durga Puja business in Bengal: big pujas, malls gain as small traders lag
Bengal's 2026 Durga Puja lifted big puja committees, malls and online sellers, while small committees and hawkers lagged, trade bodies said on October 17.
Toothpaste recall: 4.3 million US tubes made by Indian firm pulled
An FDA Class II recall of 4.3 million US toothpaste tubes, classified on October 19, 2026, traces to India's Pritam International and cites manufacturing lapses.
Mach9 raises $34 million for AI that drafts civil engineering drawings
Mach9 raised a $34 million Series A on October 21, 2026, led by First Round and Bessemer, for AI software that turns site scans into engineering drawings.
Meta stock rises after hours as revenue jumps 26% despite legal charge
Meta's Q3 2026 revenue rose 26% to $64.6 billion on October 21, beating estimates; a $9.89 billion youth-litigation charge cut profit, but shares rose after hours.
Tesla Q3 2026 earnings: revenue flat, operating profit falls 56%
Tesla's Q3 2026 revenue was flat at about $28.05 billion and adjusted EPS of $0.48 beat estimates, but operating income fell 56% as AI and robot spending rose.
Lam Research posts record $8.22 billion revenue; LRCX stock falls 6%
Chip-tool maker Lam Research reported record revenue of $8.22 billion on October 21, 2026 and guided to $8.6 billion, but shares fell about 6% after hours.
Why market is down today: Brent above $110 drags Sensex, Nifty lower
Sensex fell 143 points to 73,709.69 and Nifty 77.60 points to 22,811.35 on October 21, 2026 as Brent crude rose above $110, wiping out early gains led by IT stocks.
Google's Gemini adds branding, marketing and finance tools for small businesses
Google announced Gemini tools for small businesses on October 20, 2026, covering branding, marketing visuals and financial charts, with a global rollout starting in the coming days.
GE Aerospace raises 2026 outlook on 49% order jump, but shares slip
GE Aerospace raised its 2026 profit forecast on October 20, 2026, after orders rose 49% to $19 billion, but shares fell as free cash flow dropped 14%.
IREDA share price in focus: Q2 profit flat at Rs 554 crore, frauds disclosed
IREDA's July-September 2026 profit was flat at about Rs 554 crore as provisions jumped; it disclosed three frauds worth Rs 672.74 crore, fully provided for.
Jio IPO fully subscribed within hours on day one as institutions pile in
Jio Platforms' Rs 30,213 crore IPO was fully subscribed within about 100 minutes of opening on October 21, 2026, led by institutional bids; retail demand lagged.
Rabakavi milk union: FIR alleges Rs 16.5 crore farmer insurance money diverted
Ballari police registered an FIR on October 13, 2026 alleging over Rs 16.5 crore in cattle insurance and welfare funds for dairy farmers was diverted.
Intuitive Surgical beats Q3 estimates but shares fall on pricing
Intuitive Surgical's Q3 2026 revenue rose 22% to $3.05 billion, beating estimates, but its shares fell after hours on October 20 over instrument price cuts.
Supermicro raises quarterly revenue estimate by $4 billion on AI demand
Supermicro said on October 20, 2026 it expects fiscal Q1 2027 revenue of $18.5-19.5 billion, about $4 billion above guidance, on AI server demand.
Netflix shares fall 6% after hours as ad forecast is cut
Netflix beat Q3 profit estimates on October 20, 2026, but shares fell about 6% after hours as it cut its 2026 ad revenue forecast to about $2.7 billion.
Haryana to buy paddy above per-acre limit at MSP after verification
Haryana will buy verified paddy above district per-acre caps at MSP, Agriculture Minister Shyam Singh Rana said on 18 October 2026, after farmer protests.
GM stock falls 6% as narrowed outlook overshadows Q3 profit beat
GM shares fell about 6% before the US open on 20 October 2026 after it narrowed 2026 guidance and flagged $2 billion in commodity costs, despite a Q3 beat.
US announces $8 billion Harvest Fuel Relief payments for farmers
The US Agriculture Department announced on October 19, 2026 an $8 billion Harvest Fuel Relief programme of one-time payments to farmers hit by higher costs.
Musk pledges a SpaceX share to every US child, worth $10.5 billion
Elon Musk said on October 19, 2026 he will give one of his SpaceX shares to every American child from 2027, a gift valued at about $10.5 billion at Friday's price.
NAB to axe up to 2,500 jobs by mid-2027 amid AI questions
National Australia Bank said on October 20, 2026 it will cut up to 2,500 jobs, about 6% of staff, by mid-2027, at a cost of about A$300 million.
Kospi falls 3.73% to lowest since April on AI chip doubts
South Korea's Kospi fell 3.73% to about 5,553 on October 20, 2026, its lowest close since April, as SK Hynix and Samsung slid on AI doubts.
NYSE starts early and late options trading, plans 23-hour sessions in December
NYSE began early and late options sessions on October 19, 2026, for 29 big stocks and ETFs, and plans 23-hour trading from December 6.
LTTS Q2: revenue up 12.1%, AI deals over half of large wins
L&T Technology Services reported Q2 FY27 revenue of Rs 3,040.4 crore on October 19, 2026, up 12.1%, with AI-related deals making up over half its large wins.
Nasdaq rises 1.1% as chip stocks rebound; Indian markets shut for Dussehra
The Nasdaq rose 1.11% on October 19, 2026 as chip and AI stocks recovered, while NSE and BSE are closed on October 20 for Dussehra and reopen on October 21.
Cane protests stall crushing in north Karnataka; CM Shivakumar writes to PM
Karnataka CM D.K. Shivakumar wrote to PM Modi on October 19, 2026 as sugarcane farmers' protests over cane prices kept mills in north Karnataka from starting crushing.
Agri Welfare Portal upgraded: farmers can apply for schemes by phone
Agriculture Minister Shivraj Singh Chouhan launched an upgraded Agri Welfare Portal on October 19, 2026, bringing PM-KISAN, crop insurance and other schemes onto phones.
Stock market crash: Sensex falls 876 points as private banks, crude weigh
Sensex fell 876 points to 73,852.90 and Nifty 1.11% to 22,888.95 on October 19, 2026 as private banks and crude near $109 weighed.
Cyient DLM share price falls 24% in two days as margins shrink after Q2
Cyient DLM shares fell as much as 13% on October 19, 2026, taking a two-day slide to about 24% after Q2 results showed its margin shrinking to 8.7%.
Colt DCS, RMZ start 64 MW AI-ready Mumbai 3 data centre, fully pre-let
Colt DCS and RMZ began building Mumbai 3, a 64 MW AI-ready data centre in Navi Mumbai fully pre-let to a hyperscaler, they said on October 15, 2026.
South Indian Bank share in focus after record Rs 426 crore Q2 profit, margin at 3.33%
South Indian Bank posted a record Q2 FY27 profit of Rs 426.13 crore on October 15, 2026, up 21%, as margins rose to 3.33% and gross NPA fell to 1.24%.
Oberoi Realty Q2 bookings jump to Rs 9,150 crore on Gurugram launch; profit flat
Oberoi Realty's Q2 FY27 bookings rose to about Rs 9,150 crore from Rs 1,299 crore, led by its first Gurugram project, while net profit stayed flat at Rs 761.65 crore.
Wheat seed costlier for Himachal farmers: subsidised rate fixed at Rs 33 a kg
Himachal Pradesh has fixed subsidised wheat seed at Rs 33 a kg for rabi 2026, Rs 3 more than last year, ending a delay that held up distribution to farmers.
Brent crude touches $110 for first time since May; Indian markets face test
Brent crude touched $110 a barrel on 16 October 2026, first since May, on Hormuz shipping attacks and Ukraine refinery strikes; Indian markets react on Monday.
64% of Indian design and engineering firms near AI goals, Autodesk survey finds
Autodesk's 2026 State of Design & Make report, released 13 October, found 64% of Indian firms near or at their AI goals, but 40% cite a lack of technical skills.
Yes Bank Q2 profit up 65% to Rs 1,080 crore; AT1 bond ruling implies Rs 5,217 crore loss
Yes Bank's Q2 profit rose 65% to Rs 1,080 crore on 17 October 2026, but booking the Supreme Court's AT1 bond ruling would have meant a Rs 5,217 crore loss.
Ethanol 2026-27: no sugar for ethanol as oil firms seek 1,100 crore litres from grain
India set sugar diversion for ethanol at zero for 2026-27; oil firms' 16 October 2026 tender seeks about 1,100 crore litres from grain and C-heavy molasses.
HDFC Bank Q2 results: profit up 4.7% to Rs 19,510 crore, bad loans ease to 1.11%
HDFC Bank's standalone Q2 FY27 profit rose 4.7% to Rs 19,510 crore on October 17, 2026; NII grew 9.7% and gross NPA fell to 1.11%.
PNB Q2 profit rises 12.8% to Rs 5,532 crore as bad loans fall to 2.55%
Punjab National Bank's Q2 FY27 net profit rose 12.8% to Rs 5,532 crore, reported on October 16, 2026; gross NPA fell to 2.55% and net NPA to 0.25%.
Wipro share price jumps 6% after Q2 despite profit dip and 59% fall in large deals
Wipro shares rose up to 6.5% on October 16, 2026, after Q2 profit fell 1.4% to Rs 3,201 crore and large deal bookings dropped 58.6%; brokerages stay cautious.
Sugar shortage hits Agra's petha makers before Diwali as price touches Rs 62 a kg
Sugar supply to Agra's wholesale market has stalled for about a week, traders said on October 14-16, 2026, with prices up to Rs 62 a kg and petha makers short.
European stocks post best week since June as earnings offset the tech sell-off
The STOXX 600 rose 0.7% to 644.74 on October 16, 2026 and gained over 2% for the week, its best since June, as strong earnings outweighed a global tech sell-off.
Why is the market down today? Chip rout sinks Nasdaq 2.1%, worst week since June
The Nasdaq fell 2.1% and the S&P 500 1.1% on October 16, 2026 as chip stocks slid, leaving both with their worst week since June; the Dow ended the week up 0.7%.
Tamil Nadu to sell fine rice at Rs 30 a kg via co-op stores as market price hits Rs 85
Tamil Nadu said on October 16, 2026 it will sell fine rice at Rs 30 a kg through Amudham and cooperative stores, releasing about 25,000 tonnes as open-market prices reach Rs 75-85.
LTM Q2 results: revenue up 13.6%, profit dips 5% on quarter as orders fall
IT services firm LTM reported Q2 FY27 revenue of about Rs 11,808 crore, up 13.6% a year, on October 16, 2026; profit fell 5% on quarter and order inflow eased to $1.26 billion.
Indian rice export prices hit one-year high as weak monsoon threatens harvest
Indian 5% broken parboiled rice rose to $384-389 a tonne in mid-October 2026, a one-year-plus high, as estimates point to a 6.5% drop in output.
Sensex gains 414 points to 74,729 as Tech Mahindra leads a 4% IT rally
The Sensex rose 413.7 points to 74,729.27 and the Nifty 0.65% to 23,146.15 on October 16, 2026, as the IT index climbed about 4%.
ServiceNow's AI Passport gives every AI agent an ID and an accountable owner
ServiceNow on October 15, 2026, unveiled AI Passport, a signed credential setting what each AI agent may do, plus shadow AI detection, due in Q4 2026.
IRFC Q2 profit rises 10% to Rs 1,958 crore; Rs 1.15 dividend, record date October 23
IRFC's July-September net profit rose 10.2% to Rs 1,958.48 crore, revenue grew 23% and it declared a Rs 1.15 dividend; results came on October 15, 2026.
Taiwan index falls 3.41%, KOSPI 7.57% as hot US inflation hits Asian chip stocks
On October 15, 2026, Taiwan's TAIEX fell 3.41%, Korea's KOSPI 7.57% and Japan's Nikkei 4.90% as US inflation of 3.7% and AI worries hit chip stocks.
Persistent Systems Q2 profit falls 25% on Nagarro deal costs; revenue up 30%
Persistent Systems' July-September 2026 revenue rose to Rs 4,663.9 crore, but net profit fell 25.4% to about Rs 351.5 crore on Nagarro acquisition costs.
Global Hunger Index 2026: India ranks 100th of 122 as child wasting rises to 19%
India is ranked 100th of 122 countries in the Global Hunger Index 2026 released this week, with a 'serious' score of 24.1 and child wasting up to 19%.
Jio Financial Services Q2 profit halves to Rs 340 crore; lending book up 154%
Jio Financial Services' Q2 FY27 net profit fell 51% to Rs 340 crore on 15 October 2026 as expenses rose, while revenue grew 73% and Jio Credit AUM rose 154%.
Dow Jones jumps 556 points as investors rotate from AI stocks to defensives
The Dow Jones Industrial Average rose 556 points to 52,177.69 on 15 October 2026 as investors moved from AI stocks into healthcare and defensive shares.
BSE Sensex jumps 1,534 points to 74,316 as crude falls; Nifty at 3-week high
The Sensex rose 1,533.72 points to 74,315.61 and the Nifty closed at 22,997.35 on October 15, 2026, as crude fell and investors rotated from global AI stocks.
Canara Bank share price falls 7% a day after Q2 profit rise on higher ECL estimate
Canara Bank shares fell nearly 7% on October 15, 2026, a day after Q2 profit rose 8.4% to Rs 5,175 crore, as the bank raised its estimate of the ECL transition impact.
Silver price crashes 5% on MCX after hot US inflation revives Fed hike bets
MCX silver futures fell as much as 5.1% to Rs 2,08,055 a kg on October 14, 2026 after hotter US inflation lifted Fed rate-hike bets; metals steadied on October 15.
Jio Platforms files RHP for India's biggest IPO; Rs 30,213 crore issue opens Oct 21
Jio Platforms filed its RHP on 14 October 2026 for a Rs 30,213 crore IPO, India's largest, opening 21 October at a reported Rs 1,065-1,119 price band.