Nifty extended gains for the sixth session, supported by IT and financial stocks. Analysts see bullish momentum with Nifty above 21EMA. Experts recommend HAL, NLC, BEL, Indraprastha Medical, and Waaree Energies as top stock picks for Thursday.

Morgan Stanley and Nippon India Mutual Fund (MF) are among the investors that bought around 63 lakh shares worth Rs 438 crore of HealthCare Global Enterprises (HCG) from private equity firm CVC Capital Partners through open market transactions, according to the NSE data.

BSE cautions investors against unauthorized investment advice regarding Elegant Floriculture & Agrotech India and Spright Agro scrips disseminated through social media. The exchange warns against entities like Vijay Wealth Advisor and Pankaj Bhardwaj Way2laabh, operating via Telegram, offering investment tips without proper registration.

Leading IT services player Infosys Ltd on Thursday announced a share buyback worth Rs 18,000 crore, which signals the management s confidence in the company s long-term cash flows and growth prospects despite a cautious revenue outlook for the current fiscal.

The Indian rupee weakened slightly to 88.16 against the US dollar amid anticipation of India-US trade talks. The rupee is expected to fluctuate between 87.50 and 88.40 in the near term, influenced by tariff negotiations and potential RBI intervention. Market sentiment is also shaped by upcoming CPI data and expectations of a Federal Reserve rate cut.

BEML shares rose 2after reports suggested the state-run equipment maker may be upgraded from Miniratna to Navratna, granting greater financial and operational freedom. The stock trades above key SMAs despite disappointing June-quarter earnings and flat revenue performance.

SpiceJet shares surged 5% to Rs 34.85, ending a six-day losing streak, after the airline reached a financial settlement with Carlyle Aviation Partners. The deal provides $79.6 million for engine maintenance, $9.9 million in cash, and equity worth $50 million, strengthening the balance sheet. The airline reported a Rs 234 crore net loss in Q1 FY2026 amid geopolitical and operational challenges.

​The Fed is expected to begin interest-rate cuts next week after easing producer inflation. Traders foresee gradual reductions, though risks from tariffs and rising consumer prices may shape the pace ahead.

Reliance Communications shares fell after receiving a show-cause notice from the Central Bank of India proposing to classify Rs 400 crore of loan accounts as “fraud” and report to the RBI. The company is under ongoing insolvency proceedings.

Gold prices declined on MCX due to profit booking before US inflation data. October gold futures traded lower, while silver futures also showed weakness. US PPI data had previously cooled off, supporting prices. Market awaits CPI data for further direction. Geopolitical tensions and central bank buying support gold and silver. Experts suggest ranges for trading gold and silver on MCX.