Five year swing high represents the highest price a stock has reached within a 5-year timeframe.

RBL Bank shares will be in focus on Thursday after a large block deal saw Mahindra & Mahindra likely sell its entire 3.45% stake for about Rs 678 crore at Rs 321 per share, according to reports. M&M had invested at Rs 197 in 2023, making this a 63% return. The company had earlier indicated no plans to raise its stake above 9.9%.

Sun Pharma will be in focus after reporting a Q2 FY26 net profit of Rs 3,117.95 crore, up 2.6% YoY, with revenue rising 8.6% to Rs 14,405 crore. Innovative Medicines drove growth, surpassing U.S. generics for the first time. EBITDA rose 14.9% with strong margins. Nuvama maintained a ‘Hold’ rating, citing competition risks and potential U.S. policy headwinds.

India’s markets may be consolidating, but Sohum Asset’s Sanjay Parekh sees strong balance sheets and an upcoming earnings recovery. He expects largecaps and financials to lead the next rally, advises buying on dips, and urges investors to stay selective in midcaps. Telecom, autos, and capital goods remain key themes for FY26–27. India s market fundamentals are strong. Patience will be rewarded for disciplined investors.

Hitachi Energy India led the surge in futures open interest on 4 November, with a 32.55% rise, followed by Hero MotoCorp, PI Industries, Divi’s Labs, and Tata Motors.

Grasim Industries shares: The company reported a 76% year-on-year rise in consolidated net profit for Q2 FY26 to ₹553.48 crore, up from ₹314.63 crore a year earlier.

In an encouraging shift on Thursday, the Indian Rupee gained 8 paise versus the US Dollar, finishing the day at 88.62. This ascent was partly fueled by a softer dollar and lower crude oil rates, alongside supportive sentiment from strong domestic equity performances. However, the influence of foreign investor sell-offs tempered what could have been a more significant increase.

Indian stocks surged on Thursday, led by strong quarterly results from Sun Pharma and Britannia. The inclusion of four Indian firms in the MSCI index further boosted sentiment, with major indices seeing gains. While broader markets remained flat, specific stocks like Paytm also experienced significant upward movement, attracting foreign investment interest.

Delhivery shares: The logistics firm reported a net loss of ₹50.38 crore for Q2 FY26, reversing a profit of ₹10.20 crore a year earlier. Despite record festive-season shipment volumes, revenue rose 16.9% YoY to ₹2,559.3 crore. The company also announced a key change in its finance leadership.