Indian equity markets ended lower on Monday, October 12, reversing early gains as foreign institutional selling, rising bond yields and global uncertainty weighed on investor sentiment. The Nifty 50 declined 157.10 points, or 0.70%, to close at 22,363.35, while the Sensex fell 547.65 points, or 0.76%, to settle at 71,924.68. Both indices surrendered their early gains as selling pressure intensified. The reversal highlighted continuing caution despite the previous week’s recovery. Investors entering Tuesday’s session will focus on September-quarter earnings, corporate announcements and global market developments.
FII/DII Activity – October 12, 2026
| Investor Category | Net Activity |
|---|---|
| Foreign Institutional Investors (FII/FPI) | -₹1,708.48 crore |
| Domestic Institutional Investors (DII) | +₹3,045.02 crore |
Foreign investors continued selling Indian equities, while domestic institutions remained net buyers. The contrasting flows indicate that domestic buying continues to absorb part of the overseas selling pressure. However, sustained foreign outflows remain an important factor influencing market sentiment.
Stocks to Watch Today – Quick Summary
| Stock | Why It Is in Focus |
|---|---|
| HCL Technologies | Q2 profit rises 21.2%; revenue guidance revised |
| RBL Bank | Strong profit growth and improved asset quality |
| ICICI Prudential AMC | Q2 earnings growth and interim dividend |
| IRCON International | ₹862.46 crore railway EPC contract |
| Azad Engineering | ₹52.68 crore BHEL supply contract |
| Nazara Technologies | Major leadership restructuring |
| Indian Hotels Company | 47 hotel signings in the first half |
| Bank of India | ₹575.40 crore fraud-account classification |
| Tata Elxsi | September-quarter results scheduled today |
| ICICI Prudential Life Insurance | Q2 earnings scheduled today |
HCL Technologies
HCL Technologies reported a 21.2% year-on-year increase in consolidated net profit to ₹5,132 crore for the September quarter, while revenue grew 11.5% to ₹35,620 crore. Operating margin improved to 18.2%, and new deal bookings reached $3.26 billion. The company also narrowed its annual revenue growth guidance to 2.5–4%, reflecting caution about global technology spending. Its advanced AI revenue increased sequentially, highlighting growing enterprise adoption. Investors will examine whether large contracts and AI-related opportunities can support growth despite uncertainty surrounding discretionary technology budgets.
RBL Bank
RBL Bank reported a substantial improvement in quarterly profitability, with net profit increasing to approximately ₹482 crore from ₹179 crore in the corresponding period last year. Net interest income rose 37.4% to ₹2,131 crore. Asset quality improved, with the gross non-performing asset ratio declining to 1.02% from 1.30% in the previous quarter. Although provisions increased, the results indicate stronger lending income and improved reported asset quality. Investors will assess the sustainability of earnings growth, credit costs and loan-book expansion.
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ICICI Prudential Asset Management Company
ICICI Prudential AMC reported a 6.08% increase in quarterly net profit to ₹888.96 crore, while revenue grew 16.31%. The company also announced an interim dividend of ₹30 per share. Asset-management businesses are influenced by investment inflows, market performance and the composition of assets under management. Investors will evaluate whether revenue growth is translating into stronger operating profitability and how domestic investment participation is influencing the company’s business.
IRCON International
IRCON International secured an engineering, procurement and construction contract worth ₹862.46 crore from East Central Railway. The project involves track-related work, including the supply and laying of ballast and permanent-way materials for the Son Nagar–Andal railway project. Execution is expected to take approximately 365 days. The contract strengthens IRCON’s railway infrastructure order portfolio and provides additional project visibility. Investors will monitor execution schedules, working-capital requirements and the company’s ability to maintain margins.
Azad Engineering
Azad Engineering secured a two-year contract worth approximately ₹52.68 crore from Bharat Heavy Electricals for the supply of critical stationary and rotating airfoils used in heavy-duty gas turbines. The agreement expands the company’s order visibility in precision-engineered industrial components. The contract is relevant to Azad Engineering’s manufacturing capabilities, although its financial contribution will depend on execution schedules and production economics. Investors will examine how the agreement fits into the company’s broader order portfolio.
Nazara Technologies
Nazara Technologies announced changes to its senior leadership structure, including the appointment of Arun Agrawal as chief financial officer effective October 16. Mithun Padam Sacheti has also been redesignated as executive director, subject to shareholder approval. Nitish Mittersain is transitioning from managing director to a non-executive founder role. These changes are significant because leadership structure influences strategic direction, financial oversight and capital allocation. Investors will monitor management’s plans for the company’s gaming and digital entertainment businesses.
Indian Hotels Company
Indian Hotels Company reported signing 47 hotels and opening 20 properties during the first half of FY27. The developments reflect continued expansion across its hospitality portfolio. Hotel signings strengthen the future development pipeline, while operational openings contribute to the existing network. Investors will examine how expansion translates into revenue growth, management fees and operating performance. Demand conditions across business travel, leisure tourism and premium hospitality remain important factors for the company’s outlook.
Bank of India
Bank of India classified the outstanding loan account of Future Enterprises, amounting to ₹575.40 crore, as fraud and reported the matter to the Reserve Bank of India. The bank stated that the account had already been classified as a non-performing asset and that provisions equivalent to the outstanding amount had been made. The disclosure is relevant to regulatory reporting and credit-risk management. Investors will assess whether the classification results in additional financial or operational implications beyond the provisions already recognised.
Tata Elxsi
Tata Elxsi is scheduled to announce its September-quarter financial results on October 13. The company provides design and technology services across automotive, healthcare, media and communications industries. Investors will focus on revenue growth, operating margins and demand for specialised engineering services. Commentary on automotive software, embedded systems and customer technology spending will be particularly relevant as the industry adjusts to changing global demand and AI-related developments.
ICICI Prudential Life Insurance
ICICI Prudential Life Insurance is scheduled to release its quarterly results today. Investors will examine annualised premium equivalent growth, value of new business, new business margins and policy persistency. Product mix and distribution performance are important because premium growth alone does not necessarily translate into stronger profitability. The results will provide an update on customer demand, protection products and the company’s ability to sustain profitable growth.
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The October 13 session brings a combination of reported earnings, infrastructure contracts, management changes and scheduled financial results. HCL Technologies and RBL Bank have released important quarterly updates, while IRCON and Azad Engineering have announced new orders. Tata Elxsi and ICICI Prudential Life Insurance will provide further insight into business conditions. Broader market direction will continue to depend on institutional flows, crude oil prices, bond yields and global investor sentiment.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any stock. Onetrader is not a SEBI-registered investment adviser. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.
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