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Shares of Vedanta, Hindalco, and Nalco jumped as LME aluminium prices surpassed $2,850/tonne, fueled by tight global supply and disruptions like Century Aluminum’s production slowdown in Iceland.
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After weeks of regulatory uncertainty, BSE shares have rebounded sharply, rising 15% in a month as fears over the weekly expiry rule eased. On Thursday, the stock climbed nearly 2% to Rs 2,533.70 before settling at Rs 2,486.50. Renewed stability has sparked buying in market infrastructure stocks, highlighting a measured recovery rather than a purely relief-driven bounce.
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Indian mutual funds have more than doubled their stake in One97 Communications, Paytm’s parent, rising to 16.25% in September 2025 from 6.8% in June 2024, while retail investors trimmed holdings for the sixth consecutive quarter. The shift reflects renewed institutional confidence as Paytm’s stock more than doubled from record lows of Rs 609 in February 2024 to near Rs 1,300.
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Laurus Labs shares fell despite Q2FY26 PAT surging 886% to Rs 195 crore, revenue rising 35%, and EBITDA more than doubling, with margins expanding to 24.4%.
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The Indian rupee reached a two-month peak on Thursday. This rise was driven by expected inflows and the Reserve Bank of Indias consistent dollar sales near 88. The rupee touched 87.6350 per dollar. Traders noted a positive flow mix. Importers are hedging, while exporters are waiting. Equity inflows and optimism about a US-India trade deal also supported the rupee.
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