Nifty above 22,450; realty shares in demand
At 11:30 IST, the barometer index, the S&P BSE Sensex, jumped 202.82 points or 0.28% to 72,077.22. The Nifty 50 index gained 51.25 points or 0.23% to 22,475.55.
In the broader market, the BSE 150 MidCap Index rose 0.18% and the BSE 250 SmallCap Index shed 0.05%.
The market breadth was negative. On the BSE, 2,025 shares rose and 2,124 shares fell. A total of 292 shares were unchanged.
RBI MPC begins 3-day meeting
The RBI Monetary Policy Committee (MPC) began its 3-day meeting today, 5 October 2026, to deliberate on interest rates and assess inflation, economic growth and financial conditions. The meeting will conclude on 7 October 2026, with markets closely watching whether the RBI will raise the repo rate for the first time since February 2023.
Initial Public Offer (IPO):
Nityas Gems & Jewellery received bids for 1,59,84,000 shares as against 1,44,56,000 shares on offer, according to stock exchange data at 11:25 IST on 1 October 2026. The issue was subscribed 1.11 times.
The issue opened for bidding on 30 September 2026 and will close on 5 October 2026. The price band of the IPO is fixed between Rs 70 and 75 per share. An investor can bid for a minimum of 200 equity shares and multiples thereof.
Vishal Nirmiti received bids for 88,99,432 shares as against 84,71,153 shares on offer, according to stock exchange data at 11:25 IST on 1 October 2026. The issue was subscribed 1.05 times.
The issue opened for bidding on 30 September 2026 and will close on 5 October 2026. The price band of the IPO is fixed between Rs 208 and 220 per share. An investor can bid for a minimum of 68 equity shares and multiples thereof.
Buzzing Index:
The Nifty Realty index rose 0.81% to 841.80. The index fell 1.46% in the past trading session.
DLF (up 2.29%), Lodha Developers (up 2.08%), Anant Raj (up 1.13%), Oberoi Realty (up 0.97%), Godrej Properties (up 0.95%) and Brigade Enterprises (up 0.46%) jumped.
Global Markets:
Most Asian indices traded higher on Monday, even as investor sentiment remained cautious amid elevated crude oil prices and high US Treasury yields. Markets in mainland China and South Korea remained closed for holidays.
Softer-than-expected US jobs data eased expectations of an interest rate hike by the US Federal Reserve at its October meeting. However, investors remained cautious as the US 10-year Treasury yield had climbed to 5.34% last week, its highest level since 2002. Elevated yields increase borrowing costs and can weigh on equity valuations, even if the Fed keeps its policy rate unchanged in the near term.
Meanwhile, crude oil prices remained elevated. Brent crude was trading around $102.20 a barrel on Monday morning after briefly moving above $103, as Saudi-backed Yemeni forces launched a campaign to reclaim Houthi-controlled areas. Continued geopolitical tensions in the Middle East kept concerns over oil supply elevated.
US stocks ended higher on Friday after weaker-than-expected jobs data reduced expectations of a Federal Reserve rate hike at its policy meeting later this month. The Dow Jones Industrial Average rose 250.40 points, or 0.49%, to 51,176.96, while the S&P 500 gained 56.27 points, or 0.73%, to 7,722.72. The Nasdaq Composite advanced 319.27 points, or 1.19%, to 27,190.86. US nonfarm payroll employment increased by just 29,000 in September, well below economists' expectations of 90,000. The unemployment rate rose to 4.2% from 4.1% in August. Payroll gains for July and August were also revised lower by a combined 60,000.
The weaker-than-expected jobs data sharply reduced expectations of a 25-basis-point Fed rate hike at the end of October. CME FedWatch put the probability of a hike at 22.7%, down from 24.4% in the previous session and 64.2% a week earlier.
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