Overview
- Nifty closed at 25,843 and Sensex at 84,363 after intraday highs, with Bank Nifty touching a record 58,261.55 before ending higher as lenders outperformed and Reliance rose about 3.5% post results.
- South Indian Bank jumped roughly 15–17% after reporting Q2 FY26 net profit of ₹351.59 crore and a sharp improvement in asset quality, with net NPA down to 0.68%.
- Krishival Foods notified exchanges that its board will meet on 27 October to consider a fundraise that may include a rights issue, warrants or other securities.
- PC Jeweller converted 78.11 lakh fully convertible warrants into 7.81 crore equity shares on 18 October, raising ₹32.93 crore and allotting the shares to eight non‑promoter investors.
- Event-driven small-cap moves included Tiger Logistics highlighting an MoU to pilot cryogenic liquid hydrogen tanks with Russia’s H2 Invest, MIC Electronics securing an Indian Railways RDSO approval for an AC unit controller, and GRM Overseas signing a Saudi distribution pact for its ‘10X’ basmati brand.