Bajaj Auto s subsidiary is set to acquire a significant stake in Pierer Bajaj AG. This move involves purchasing 24,000 shares for over 24 million Euro. The acquisition will make Pierer Bajaj AG a wholly-owned subsidiary of Bajaj Auto s international holdings arm. This strategic step is expected to strengthen Bajaj Auto s control over its international operations and brands like KTM.

India s second largest IT services company Infosys has fixed the record date for its Rs 18,000 crore share buyback on November 14. The buyback proposal was approved by the shareholders with overwhelming majority of 98.81%.

Apollo Hospitals Enterprise reported a strong Q2FY26 with a 26% YoY rise in profit after tax to Rs 477 crore, driven by broad-based growth across healthcare, diagnostics, and digital verticals. Consolidated revenue increased 13% to Rs 6,304 crore, supported by steady patient volumes and margin improvements.

Indian government bonds saw a significant rise on Thursday, fueled by substantial buying over the past two days, widely believed to be from the central bank. This surge has boosted market sentiment and increased expectations for imminent open market bond purchases by the Reserve Bank of India, aiming to ease pressure on the bond market.

Several Nifty500 stocks are trading at valuations far above their industry averages, signalling strong investor optimism or possible overvaluation. Companies like The India Cements, FACT, and Delhivery lead the list with exceptionally high P/E ratios, reflecting heightened growth expectations or market confidence relative to their sector peers.

Headline indices Nifty and the BSE Sensex ended in the red on Thursday, recording their second successive losses amid selling pressure in financials, metals and realty stocks.

Singtel is reportedly selling a 0.8% stake in Bharti Airtel for Rs 10,300 crore, a move aligning with its strategy to optimize holdings and unlock capital. This comes as Bharti Airtel reports robust Q2 performance, with strong EBITDA growth and rising ARPU, signaling continued positive momentum for the Indian telecom giant.

Sebi Chairman Tuhin Kanta Pandey stated that capital markets, not the regulator, determine IPO share prices, addressing concerns over high valuations like Lenskart Solutions. He emphasized Sebi s role in ensuring robust disclosures. Pandey also urged companies to make ESG commitments authentic and measurable, not just for branding, and to institutionalize ethics through board oversight.

Nomura upgraded Asian Paints and Berger Paints to ‘Buy’, noting that the worst of competition from Birla Opus is over. The brokerage raised target prices, citing resilient margins, stable growth outlook, and limited disruption despite heavy new entrant investment.