Date 12.10.2026
Technical Summary Nifty
As discussed yesterday market behavior remained on the expected lines during the day, as nifty break out its immediate resistances and rally up to 22580.75
Date 12.10.2026
Technical Summary Nifty
As discussed yesterday market behavior remained on the expected lines during the day, as nifty break out its immediate resistances and rally up to 22580.75
Bonfiglioli Transmissions is also listed among the mainboard companies expected to launch an IPO this week. Its business is associated with industrial transmission and drive solutions, which serve equipment and machinery applications.
Indian equity benchmarks began Monday’s session on a positive note after markets recovered in the previous trading session. At around 9:20 a.m. IST, the Nifty 50 had gained 0.27% to 22,575.65, while the BSE Sensex advanced 0.21% to 72,630.43.
Sahajanand Medical Technologies is another company reported to be part of this week’s IPO pipeline. The company operates in medical technology, including devices used in healthcare and interventional procedures.
The Reserve Bank of India announced measures over the weekend aimed at supporting the rupee and managing demand for dollars in the foreign-exchange market. The steps include changes affecting oil companies’ dollar purchases and tighter rules for certain currency-hedging transactions.
Gold and silver prices remained in focus on Monday as investors assessed geopolitical uncertainty, interest-rate expectations and movements in the US dollar.
International oil prices declined on Monday, with Brent crude trading near $103 a barrel, as markets weighed the possibility of increased Russian supply. US President Donald Trump said Russia and Ukraine had agreed to stop attacks on each other’s energy infrastructure, although uncertainty remained over the status and implementation of the proposed arrangement.
A proposed halt to attacks on Russian and Ukrainian energy facilities remained uncertain on Monday.
Asian stock markets showed a mixed trend on Monday as investors prepared for corporate earnings announcements and assessed geopolitical developments. Some regional indices declined, while others posted gains, reflecting different responses to energy prices and the outlook for global growth.
Poonawalla Fincorp reported a substantial increase in its September-quarter earnings, with net profit rising to approximately Rs.374.85 crore from around Rs.74 crore in the corresponding period last year.
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