Stock market live updates, October 8: Market closes in red! Sensex down 153.09 points, Nifty at 25,046.15

Shanti Gold International (BSE: 544459, NSE: SHANTIGOLD) reported a 60% YoY revenue growth in Q2 FY26, driven by strong domestic and international demand. Half-year revenues rose over 40% YoY, supported by innovative jewellery designs and favourable gold prices.

Shukra Pharmaceuticals Limited has been authorized by Meril Healthcare to manage Robotic Assisted Surgery System for Orthopedics projects at DGAFMS and INHS Asvini, Mumbai.

The authorization allows Shukra to quote tenders, supply equipment, and handle orders and payments on behalf of Meril Healthcare. This marks the company’s entry into the high-growth medical robotics and advanced orthopaedic sector, aiming to strengthen operations, market presence, and shareholder value.

Solar Industries India Limited has secured a major INR 483 Crore order from South Eastern Coalfields Limited (SECL) for the supply of bulk explosives, to be delivered over two years. The domestic contract reinforces the company’s strong presence in India’s mining sector and is not a related party transaction.

Power and Instrumentation (Gujarat) Limited (PIGL) has secured a ₹68.22 crore order from Ajmer Vidyut Vitran Nigam Limited for developing power distribution infrastructure under the RDSS in Rajasthan’s Dungarpur Circle. The turnkey project, involving supply and installation work, is to be completed within 15 months.

Popular Vehicles and Services Ltd has approved the acquisition of R.K.S. Motor Pvt. Ltd. for up to ₹93 crore via slump sale, expanding its operations into Telangana. R.K.S. Motor, a Maruti Suzuki dealer, reported a turnover of ₹492.9 crore. The deal is expected to close by October 31, 2025. The company also plans to launch a spare parts e-commerce platform and explore a new luxury dealership brand.

IIFL Home Finance Ltd has announced the appointment of Girish Kousgi as its new Managing Director and Chief Executive Officer (MD & CEO).

Madhya Bharat Agro Products posted strong YoY growth in Q2 FY26, with revenue rising 62% to ₹451.93 cr and net profit jumping 120% to ₹30.46 cr.

Ramco Systems Limited has announced that Ramco Payce is now officially certified as a Workday Global Payroll Connect (GPC) partner. This certification validates Ramco’s ability to deliver prebuilt and pretested integrations with Workday Human Capital Management (HCM), helping enterprises streamline multi-country payroll, strengthen governance, and enhance operational efficiency across global markets.

The company reported its highest-ever quarterly sales, reaching ₹720 crores, marking a massive 184% year-on-year (YoY) growth. Total sales volume also rose significantly to 2,29,772 sq. ft., up 101% YoY, highlighting strong market demand and the company’s strategic positioning. Collections for the quarter climbed to ₹220 crores, up 66% YoY, reflecting healthy cash flow visibility.

Ahmedabad-based Concord Biotech Limited has announced the successful completion of a National Agency for Food and Drug Administration (NAFDAC) inspection at its Oral Solid Dosage (OSD) Unit-2 facility located in Valthera, Gujarat.

Several stocks slipped to their 52-week lows in today’s session, signalling weakness across select midcap and services counters. Quess Corp declined 0.34% to ₹247.65, marking a new yearly low of ₹246.75. CMS Info Systems also edged lower by 0.06% to ₹359.85, while Ion Exchange (India) dipped 0.03% to ₹399.45, hitting a low of ₹398.05.

Meanwhile, Aurionpro Solutions managed to stay slightly positive, up 0.11% to ₹1,106.00, and EaseMyTrip traded marginally higher at ₹8.03, recovering from its 52-week low of ₹7.97 earlier in the session.

Several stocks scaled new 52-week highs in early trade today, reflecting strong investor sentiment across healthcare, auto, and tech sectors. Aster DM Healthcare surged 2.98% to ₹681.30, Ather Energy climbed 1.59% to ₹640.05, and RBL Bank advanced 2.43% to ₹280.20, all touching fresh yearly peaks.

JSW Cement commissions 1 MTPA grinding unit in Sambalpur, Odisha via Shiva Cement, boosting total capacity to 21.6 MTPA. Strategically located near key raw materials, the facility strengthens JSW’s presence in eastern India while maintaining the lowest CO2 emission intensity in the industry.

Phronetic AI, backed by Infibeam Avenues Ltd, has launched PayCentral.ai, India’s first Agentic Payment Platform. The platform enables AI agents to handle payments for merchants, including creating payment links, managing refunds, subscriptions, and account reconciliation—without human intervention. Built on Google’s AP2 protocol, PayCentral.ai integrates seamlessly with existing payment gateways, offering secure, automated, and intelligent payment solutions.

Broader market sentiment remained positive, led by strong gains in select mid and smallcap counters. ITI surged nearly 10% to ₹356.20, emerging as the top gainer on the Nifty, followed by MMTC, which rose 7.2% to ₹73.30, and IFCI, up 6.6% at ₹60.34. Escorts rallied over 6% to ₹3,737, while Titan advanced 4.2% to ₹3,561 on robust Q2 business updates.

Indian IT majors traded higher in early trade with the Nifty IT index up nearly 1.8%. Infosys rose 2% to ₹1,487.60, TCS gained 1.8% to ₹3,027.10, LTIMindtree advanced 1.9% to ₹5,368.00, and Wipro added 1.06% to ₹246.10. The buying momentum comes ahead of Q2 earnings season, with investors optimistic about improved deal wins and stable client spending.

Shares of Saatvik Green Energy gained 4.3% to ₹480 after the company announced securing orders worth ₹219 crore for the supply of solar photovoltaic (PV) modules.

Shares of Salzer Electronics jumped 11.5% to ₹852.30 after the company announced it has received a patent for a disconnecting and earthing device designed for high-voltage applications.

Shaily Engineering Plastics fell 2.2% to ₹2,354 after Lighthouse India Fund sold 3% equity via a block deal. Motilal Oswal Financial Services (MOFSL) and Stallion Assets were among the key buyers in the transaction.

Titan shares rose 3.8% to ₹3,548 after the company reported a 19% year-on-year growth in its domestic jewellery business and a 12% rise in the domestic watches segment for Q2FY26.

Anant Raj shares traded 2.7% lower at ₹715.05 after the company announced plans to raise up to ₹1,100 crore via a Qualified Institutional Placement (QIP) at an indicative price of ₹662 per share.

Container Corporation of India (CONCOR) has entered into a multimodal transport agreement with UltraTech Cement to offer integrated logistics solutions and improve overall operational efficiency.

Titan reported a 19% year-on-year increase in its domestic jewellery business for Q2FY26. The domestic watches segment rose 12% YoY.