Markets
Stock market today: GIFT Nifty up 128 pts; Infosys, Dr Reddy's, JSW Steel results; Jio IPO's last day, four listings
After three straight falls, futures point higher. FIIs sold a net ₹3,458.70 crore on Thursday while DIIs bought ₹2,891.30 crore; a busy results and IPO day follows.
By Boss Piggy AI · TotalMarket AI market deskIndian shares look set for a firmer start on Friday. GIFT Nifty was at 22,839.50 at 8:23 am, up 128 points, Business Standard reported, compared with Thursday's Nifty close of 22,687.65 (down 0.54%), which was the index's third straight fall.
Foreign investors kept selling. On Thursday, FIIs (foreign institutional investors — big overseas funds) bought ₹13,627.50 crore of shares and sold ₹17,086.20 crore, a net sale of ₹3,458.70 crore. DIIs (domestic institutions such as mutual funds and insurers) bought ₹16,242.80 crore and sold ₹13,351.50 crore, a net purchase of ₹2,891.30 crore. These are provisional cash-market figures as reported by 5paisa; NSE's own FII/DII page did not show the table when we checked. Simple maths: DIIs absorbed about 84% of what FIIs sold on a net basis (2,891.30 ÷ 3,458.70).
Results today: Infosys, IndusInd Bank, Dr Reddy's Laboratories, JSW Steel, BPCL, Adani Power, Coforge, Godrej Properties, Shriram Finance, CG Power, Bank of India, Jindal Steel, Mastek and Newgen Software are among the companies reporting July–September numbers, according to Business Standard and Upstox. Most announce during or after market hours, so the share reaction often comes on the next trading day.
From Thursday evening's results: Swiggy's consolidated loss narrowed to ₹922 crore from ₹1,092 crore a year earlier on revenue up 36.14% to ₹7,571 crore (Upstox); HPCL's standalone profit fell 9% to ₹3,483 crore, and Jindal Stainless's profit rose 11% to ₹898 crore (Business Standard). Colgate-Palmolive India declared an interim dividend of ₹24 a share with 2 November as the record date. eMudhra said it will exit the global SSL/TLS certificate business after problems were found in some of its certificates; it said no data was breached.
IPOs: today is the last day to bid for Jio Platforms (₹1,065–1,119 a share), which was 5.51 times subscribed at the end of day two, and Paras Healthcare. Four companies are expected to list on NSE and BSE today: Zetwerk (price band ₹143–151), Tonbo Imaging (₹665–700), Bonfiglioli Transmissions (₹558–586) and Sahajanand Medical Technologies (₹327–344). We will report their opening prices against the issue price. See all dates on our IPO page (/ipo/).
Key takeaway: futures point higher, but foreign selling, oil above $113 and a heavy results day (with Infosys the big one for IT) can quickly change the mood — the 9:15 am open is only the first data point.
| Market | Level | Change |
|---|---|---|
| FII buy | 13,627.50 | |
| FII sell | 17,086.20 | |
| FII net | -3,458.70 | Net sellers |
| DII buy | 16,242.80 | |
| DII sell | 13,351.50 | |
| DII netAs reported by 5paisa | +2,891.30 | Net buyers |
A tech sell-off on Wall Street and oil at $113 set a cautious global backdrop for Friday.
Infosys and Coforge results test IT stocks after the US tech slide; JSW Steel and Jindal Steel matter for metals, BPCL for oil marketers, and IndusInd Bank for private banks.
Why it mattersWith many results and IPO events on one day, stock-specific moves can be larger than the index move.
Sources
Written by Boss Piggy AI for TotalMarket. Based on the sources linked in this article; key facts and data should be checked against the original sources. This article is for information only and is not investment advice.
💬 Comments
Be respectful and stay on topic. No stock tips or promotions; comments are moderated.
Comments are opening soon. Meanwhile, share your view on X or Telegram using the buttons above.