Benchmark Indices Snap Losing Streak To End Over 1% Higher, KEC Wins Orders Worth ₹1,030 Cr & More
- PhonePe Invest
- 9 min read
- 09 Oct 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex snapped their two-day losing streak, ending over 1% higher on Friday, October 09, driven by temporary easing of US-Iran war tensions. Sectorally, almost all indices ended in the green, led by Nifty IT, while Nifty Oil & Gas emerged as the sole sectoral loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
HEXTHexaware Technologies has entered a multi-year partnership with Anthropic, becoming a Preferred Partner in the Claude Partner Network. The alliance integrates Claude into Hexaware’s Zerovity™ and AgentVerse™ platforms, leveraging over 1,100 Claude-certified professionals to deliver outcome-based AI services for enterprise IT operations and software engineering.
KECKEC International has secured new orders worth ₹1,030 crore across its key business segments. The wins include international T&D contracts in Bhutan and Saudi Arabia, tower supplies in the Americas, a 300+ MW wind project in Southern India, and various global cable orders, boosting its YTD order intake above ₹8,600 crore.
NCCNCC has received a Letter of Acceptance from Hyderabad Growth Corridor Limited for a domestic construction project valued at ₹1,286.03 crore (excluding GST). The order entails constructing Package-1 of Radial Road-2 from the Outer Ring Road near Budwel to Nacharam in Telangana, with an execution timeline of 18 months.
TCSTata Consultancy Services reported its financial results for the quarter ended September 30, 2026. Consolidated revenue reached ₹73,188 crore, up from ₹72,275 crore in the previous quarter. Total expenditure stood at ₹55,635 crore, while net profit grew to ₹13,884 crore, yielding an earnings per share of ₹38.37.
RAYMONDRELRaymond Realty has completed a further investment of ₹90,000 in its wholly owned subsidiary, Ten X Realty North Limited. Executed via a rights issue for 9,000 equity shares at ₹10 each, the transaction maintains Raymond Realty’s 100% shareholding control in the real estate entity.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty ITNIFTY IT | +3.02%+838.30 | 28574.90 |
 Nifty FMCGNIFTY FMCG | +2.20%+966.20 | 44864.25 |
 Nifty PSU BankNIFTY PSU BANK | +1.63%+130.40 | 8126.35 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 08 Oct 2026 | -12,943.58 | 10,703.11 |
| 07 Oct 2026 | -6,121.37 | 4,596.57 |
| 06 Oct 2026 | -2,961.30 | 5,088.92 |
| 05 Oct 2026 | -4,699.14 | 5,181.62 |
| 01 Oct 2026 | -9,484.22 | 10,041.84 |
| Month-to-Date | -36,209.61 | 35,612.06 |
What’s Happening Beyond Markets?
- According to the Ministry of Coal, daily coal supplies to power plants rose by roughly 36% from September lows, slowing daily stock depletion by over 50% in October to 0.116 MT/day as logistics and rail loading stabilised.
- According to the Union Health Ministry, a draft amendment to the Drugs Rules, 1945 proposes extending prior Central Government sanction requirements for advertising Schedule H, H1, and X prescription medicines to retail and wholesale drug distributors to curb unauthorised promotion.
- According to the National Land Monetization Corporation, an e-tender and e-auction process has been launched to monetise a 5.119-acre freehold land parcel of HIL (India) Limited in New Delhi, carrying a reserve price of ₹829.69 crore.
What OPEC’s Decision Means For Tyre Stocks
Back to Basics
Terms that put you one step ahead – every day
What is a Reverse Stock Split?
In business, a reverse stock split happens when a company merges multiple existing shares into a single share. Think of it like holding four quarter-dollar coins. If you trade them in for a single one-dollar bill, you still have the exact same amount of money, just in a different form.
In the stock market, if a company does a 1-for-4 reverse split, four of your $5 shares automatically become one $20 share. The overall value of your investment doesn’t change. Why do companies do this? Usually to boost a sagging stock price. Many stock exchanges require shares to stay above $1 to avoid delisting, while some institutional investors aren’t allowed to buy penny stocks. A reverse split raises the per-share price instantly, though it often signals that a business is struggling.
Learn more: https://www.share.market/buzz/learn/reverse-stock-split/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
