Jio’s IPO Is Here, Hyundai To Invest $15.5 Billion In India & More
- PhonePe Invest
- 10 min read
- 15 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 rebounded sharply to end firmly in the green on Thursday, October 15. Sectorally, the sentiment was mixed, with Nifty Private Bank emerging as the top leader, while Nifty PSU Bank was the top loser.
Key Indices
Today’s Top News from the Indian Share Market
BHARTIARTLTelecom stocks rose sharply on as investors focused the much-awaited IPO of Reliance Industries’ arm Jio Platforms and what its listing could mean for the sector.
RELIANCEShares of Mukesh Ambani-led Reliance Industries gained more than 3% after its subsidiary Jio Platforms’ announced the details of what is set to become India’s largest initial public offering (IPO).
HYUNDAIHyundai Motor Group announced plans to invest $15.5 billion in India from 2023 to 2032. This investment aims to enhance manufacturing operations and support growth in the automotive sector. The group recognizes India’s importance as a strategic market for future mobility. As part of the investment, Hyundai will also focus on research and development activities and infrastructure enhancement.
TATATECHShares of Tata Technologies rallied 8% after the company reported a 4% year-on-year (YoY) increase in second-quarter net profit to ₹171 crore for the quarter ended September 30, 2026, compared with ₹166 crore a year earlier.
IDBIA day after surging nearly 13%, shares of IDBI Bank fell 7% following the Union Cabinet’s approval of Fairfax’s acquisition of a 60.72% stake in the lender. This deal marks a major step in the lender’s transformation after years of financial stress.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 14 Oct 2026 | -1,857.44 | 2,670.44 |
| 13 Oct 2026 | -1,305.13 | 2,439.24 |
| 12 Oct 2026 | -1,708.48 | 3,045.02 |
| 09 Oct 2026 | -3,568.90 | 4,743.26 |
| 08 Oct 2026 | -12,943.58 | 10,703.11 |
| Month-to-Date | -44,649.56 | 48,510.02 |
What’s Happening Beyond Markets?
- Society of Indian Automobile Manufacturers (SIAM) has said that domestic passenger vehicle dispatches from companies to dealers grew 21.8 per cent year-on-year to 4.55 lakh units in September 2026 as compared to passenger vehicle dispatches of 3.73 lakh units in September 2025.
- External Affairs Minister S Jaishankar has said that negotiations on the India-US trade deal were heading towards a ‘landing point’, with officials from both countries working to iron out outstanding issues. He noted that the core fundamentals of the bilateral strategic partnership remain unchanged. His remarks on the trade negotiations came over a week after Finance Minister Nirmala Sitharaman said India-US trade talks had reached a ‘plateau’ with further concessions likely to be difficult for both sides.
- The Reserve Bank of India (RBI) Governor Sanjay Malhotra has said that recent RBI measures, including the creation of a special dollar window for oil marketing companies (OMCs), aim to ensure orderly movements in the foreign exchange market and curb undue speculative activity. Recently, the RBI tightened rules governing forex derivative trades to curtail speculative bets against the rupee and asked banks to set aside a 20 per cent reserve for dollar purchases.
- Commerce and Industry Minister Piyush Goyal has said that India is working to rebuild its relations with China, but the last word has not yet been scripted on this journey. Highlighting the country’s receptivity toward forming joint ventures, he said that India is open to engage with all countries around the world, provided it receives a fair deal, there is continuity in engagement, and the geopolitical environment remains stable.
IPO Corner: Mainboard
Active & Upcoming IPOs
| Company | Date | Total Issue Size | Issue Price | Minimum Investment |
| HD Fire Protect Ltd. | 13 Oct to 15 Oct, 2026 | ₹712 Cr | ₹258 to ₹271 | ₹14,190 |
| Fusion CX Ltd. | 14 Oct to 16 Oct, 2026 | ₹702 Cr | ₹275 to ₹289 | ₹14,025 |
| Sahajanand Medical Technologies Ltd. | 15 Oct to 19 Oct, 2026 | ₹475 Cr | ₹327 to ₹344 | ₹14,061 |
| Bonfiglioli Transmissions Ltd. | 15 Oct to 19 Oct, 2026 | ₹2,534 Cr | ₹558 to ₹586 | ₹13,950 |
| Zetwerk Manufacturing Business Ltd. | 15 Oct to 19 Oct, 2026 | ₹5,012 Cr | ₹143 to ₹151 | ₹14,157 |
| Tonbo Imaging India Ltd. | 15 Oct to 19 Oct, 2026 | ₹852 Cr | ₹665 to ₹700 | ₹13,965 |
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Short Covering Meaning: How It Works & Stock Price Impact
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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.
