Indian equity markets are expected to open higher on Monday after both the Sensex and Nifty 50 recorded their eighth consecutive weekly decline last week.
Indian equity markets are expected to open higher on Monday after both the Sensex and Nifty 50 recorded their eighth consecutive weekly decline last week.
The Indian rupee is expected to open slightly stronger after ending the previous session at Rs.96.3150 against the US dollar. The currency has remained under pressure after moving beyond the Rs.96-per-dollar level, with high US Treasury yields and elevated crude prices weighing on sentiment.
Several Asian markets opened higher on Monday after weaker US employment data reduced expectations of another Federal Reserve rate hike. Japan’s Nikkei gained more than 2%, while Australia’s benchmark also moved higher during early trading.
R.K. Fashion Accessories Ltd. is opening its SME IPO for subscription today, October 5. The company has fixed the price band at Rs.77–82 per share and is looking to raise approximately Rs.34.99 crore through the issue.
Jio Platforms is reportedly moving closer to its proposed public-market debut, with the IPO expected later in October. Reports indicate that the issue could raise around $3.8 billion, potentially making it one of the largest IPOs in India’s market.
Date 05.10.2026
Technical Summary Nifty
As we discussed in the previous report dated 28th September 26 market behavior remained on the expected lines during the week passed by as firm underlying bearish trend drifted down the nifty up to 22217.3 but small recovery on end of week give closing of 22421.95
Nityas Gems and Jewellery Ltd. is entering the final day of its IPO subscription today. The mainboard issue, which opened on September 30, carries a price band of Rs.70–75 per share and has an issue size of approximately Rs.108.42 crore.
HDFC Bank Ltd. has appointed Anup Bagchi as its next Managing Director and Chief Executive Officer for a three-year term. Bagchi, who is currently Managing Director and CEO of ICICI Prudential Life Insurance, will become the first external candidate to take charge of the private-sector lender.
Vishal Nirmiti Ltd.’s mainboard IPO is also scheduled to close today after opening for subscription on September 30. The company has set a price band of Rs.208–220 per share and is raising around Rs.178 crore through the issue.
Bajaj Finance Ltd. reported an 11% YoY increase in new loans booked during the September 2026 quarter. The company also reported growth in its assets under management and customer franchise as of September 30.
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