Overview

• Indian benchmarks advanced on Diwali, with Nifty trading around 25,900 and Sensex up roughly 680 points on broad buying.
• South Indian Bank jumped about 17% after posting Q2 net profit of ₹351.59 crore and reporting improved asset quality with net NPA at 0.68%.
• PC Jeweller allotted 7.81 crore equity shares on conversion of 78.11 lakh warrants, raising ₹32.93 crore from non‑promoter investors.
• Krishival Foods scheduled a 27 October board meeting to consider fundraising via a rights issue, warrants or other securities.
• Small-cap action was pronounced, with Tiger Logistics up about 7–8% on its H2 Invest MoU for liquid‑hydrogen logistics, Spice Lounge hitting a 5% upper circuit, and Sudarshan Pharma slipping after profit declined despite higher sales.