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The Nifty 50 declined 198.50 points, or 0.88%, to close at 22,421.95, while the BSE Sensex fell 570.59 points, or 0.79%, to settle at 71,909.70. On the technical front, the Nifty slipped below its weekly 200-day simple moving average zone of 22,600–22,580 and moved closer to the projected support at 22,400. A sustained break below 22,400 could expose the index to further weakness towards 22,200–22,000. On the upside, the 22,600–22,800 band is likely to remain the immediate resistance zone, according to Hariselvan Radhakrishnan, Founder and CEO of HST Wealth. Against this backdrop, HDFC Bank, Infosys, Yes Bank, Hindustan Zinc, Bharat Coking Coal, RVNL, Punjab National Bank, DLF, Indian Bank and other companies will remain in focus on Monday following key corporate developments and business updates. HDFC Bank HDFC Bank has appointed Anup Bagchi as its new Managing Director and CEO after receiving approval from the Reserve Bank of India for a three-year term. Bagchi's appointment brings an external candidate to the helm of India's largest private-sector bank, ending months of uncertainty surrounding its leadership transition. Infosys Infosys' American Depositary Receipt (ADR) gained nearly 8% in pre-market trading on October 1 after Accenture reported better-than-expected fourth-quarter results and offered a stronger revenue outlook for FY27. The developments lifted sentiment across the global IT services sector and are likely to keep Indian IT stocks on investors' radar. Read more: Ahead of Market: 10 things that will decide stock market action on Monday Dr Reddy's Laboratories Dr Reddy's Laboratories said its US subsidiary, DRL Inc, has been fined $32,350 in connection with an incorrect classification of the financial year reference at the time of tax payment. Yes Bank Yes Bank reported strong business growth for the quarter ended September 30, 2026. Loans and advances rose nearly 24% year-on-year to Rs 3.1 lakh crore, compared with Rs 2.5 lakh crore a year earlier. Hindustan Zinc Hindustan Zinc reported a 5% year-on-year increase in mined metal production to 271 kilotonnes in the September quarter. Saleable metal production rose 7% YoY to 264 kilotonnes. Bharat Coking Coal Bharat Coking Coal reported a 20.7% year-on-year increase in raw coal production to 2.57 million tonnes in September, compared with 2.13 million tonnes in the corresponding month last year. Coking coal production increased 21.5% to 2.49 million tonnes, while total raw coal offtake rose 13.7% to 3.15 million tonnes. RVNL Rail Vikas Nigam Ltd (RVNL) said the letter of acceptance received from East Coast Railway for the supply, installation, testing and commissioning of an IP-based video surveillance system for ECoR rolling stock has been cancelled. Punjab National Bank Punjab National Bank has received an administrative warning from the Securities and Exchange Board of India (SEBI) in connection with alleged violations of insider trading regulations involving six individuals. DLF DLF announced the complete sell-out of The Aureva, its luxury residential community in Sector 63, Gurugram, aimed at the retirement segment. The project recorded sales of around Rs 1,985 crore, highlighting demand for premium retirement-focused housing offering wellness, convenience, healthcare access and community facilities. Read more: Bajaj Finance: Why this rare Nifty outperformer is likely to reward investors in a muted market Indian Bank Indian Bank continued to report strong business momentum in the second quarter of FY27. Total business rose 14.2% year-on-year and 4.4% sequentially to Rs 15.96 lakh crore. Bajaj Finance Bajaj Finance's board has approved a preferential issue of warrants convertible into an equivalent number of equity shares. The issue is capped at Rs 5,800 crore, providing the non-banking financial company with the potential to raise up to that amount through the proposed capital infusion. IDBI Bank IDBI Bank reported an 18% year-on-year increase in total business to Rs 6.27 lakh crore in the second quarter, according to its business update for the quarter ended September 30. Aurobindo Pharma Aurobindo Pharma has received final approval from the US Food and Drug Administration for Perampanel tablets, an anti-epileptic drug. The approval covers strengths ranging from 2 mg to 12 mg, allowing the company to manufacture and market the product in the US. Canara Bank Canara Bank reported a 16.8% year-on-year increase in domestic advances to Rs 12.63 lakh crore in the second quarter. Global business grew 15.8% to Rs 30.71 lakh crore, while domestic deposits increased 11% to Rs 15.48 lakh crore. Bank of Baroda Bank of Baroda's global business increased 17.45% year-on-year to Rs 32.64 lakh crore as of September 30, 2026, according to the bank's second-quarter business update. IREDA Indian Renewable Energy Development Agency (IREDA) said the additional charge of Chairman and Managing Director entrusted to Director-Finance Dr Bijay Kumar Mohanty has been extended by another three months. The extension is effective from October 1, 2026. UCO Bank UCO Bank's total business rose 18.84% year-on-year to Rs 6.37 lakh crore in the second quarter. Advances increased 24.68% to Rs 2.88 lakh crore, while deposits grew 14.05% to Rs 3.49 lakh crore. SRF SRF received a show-cause notice from the CGST and Central Excise Department on September 29, 2026, relating to certain input tax credit claims for FY2023 and FY2024. The notice raises objections involving input tax credit of Rs 266.32 crore. Bandhan Bank Bandhan Bank's loans and advances increased 13.1% year-on-year to Rs 1.58 lakh crore as of September 30, 2026, with sequential growth of 1.8%. Total deposits rose 9.2% to Rs 1.73 lakh crore, while retail term deposits grew 16.8% to Rs 79,340 crore. MOIL State-owned manganese producer MOIL raised manganese ore prices by 5% for October 2026. The price increase applies across all grades of ore. Muthoot Finance Muthoot Finance appointed Alexander George as Managing Director for a term running from October 1, 2026, to March 31, 2031. The company also appointed George Alexander Muthoot as Vice Chairman and Whole-Time Director. ICICI Prudential Life Insurance ICICI Prudential Life Insurance appointed Siddharth Mishra as its new Managing Director and CEO for a five-year term. The leadership change follows incumbent MD and CEO Anup Bagchi's move to HDFC Bank. Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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