STLTECH’s $1.2 Bn Contract Win, HYUNDAI Achieves Highest-Ever Monthly Sales In Sept & More
- Share.Market
- 10 min read
- 01 Oct 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Indian benchmark indices, Nifty 50 and Sensex, ended in the red for the fourth consecutive trading session, ending nearly 1% lower on Thursday, October 01. Sectorally, almost all indices ended lower, led by Nifty Auto, while Nifty IT and Nifty Private Bank emerged as the only gainers. The stock market will remain closed tomorrow, October 02, for Gandhi Jayanti.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
STLTECHSterlite Technologies’ wholly-owned subsidiary secured a Long-Term Supply Agreement with an international hyperscale partner. Valued at approximately $1.2 billion, the contract covers the supply of optical connectivity products through December 2030.
COFORGECoforge expanded its Kraków, Poland engineering center into a strategic AI and nearshore delivery hub. The facility currently employs over 375 engineers, with workforce projections expected to reach more than 660 professionals by 2027.
SYMBIOTECSymbiotec Pharmalab’s subsidiary Knovea Pharmaceutical entered into a strategic commercialization agreement with a global pharmaceutical firm. The partner receives exclusive U.S. rights for two Dual Chamber Vial injectable products targeting an estimated $288 million market.
HYUNDAIHyundai Motor India achieved its highest-ever total monthly sales of 77,916 units in September 2026, registering 10.8% YoY growth. Domestic sales grew 10.9% to 57,166 units, while exports rose 10.4% to 20,750 units.
COALINDIACoal India’s provisional coal production reached 53.5 million tonnes in September 2026, up 9.2% YoY. Total off-take for the month grew 12.5% YoY to 61.2 million tonnes, led by strong performance in subsidiaries like MCL and SECL.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 30 Sep 2026 | -10,148.41 | 11,271.73 |
| 29 Sep 2026 | -9,980.22 | 6,952.71 |
| 28 Sep 2026 | -5,353.22 | 5,189.02 |
| 25 Sep 2026 | -3,693.93 | 2,838.17 |
| 24 Sep 2026 | -5,027.36 | 4,301.18 |
| Month-to-Date | -44,012.82 | 75,580.29 |
What’s Happening Beyond Markets?
- The Government of India consolidated its accounts through August 2026, receiving ₹13,67,709 crore in total receipts. Meanwhile, total expenditure reached ₹20,77,958 crore, with major allocations of ₹5,14,810 crore for interest payments and ₹1,87,037 crore for major subsidies.
- The government revised sugar stock holding limits to 1,000 quintals and capped holding periods at 15 days until November 2026 to curb hoarding. Consequently, retail sugar prices fell 15% from their August peak, while ex-mill prices dropped 28%.
- Union Minister Shivraj Singh Chouhan approved ₹5,547.99 crore for MSP procurement of 7.06 lakh MT of pulses and oilseeds under the Price Support Scheme. The allocation supports farmers across Uttar Pradesh, Karnataka, and Telangana for the Kharif 2026–27 season.
- The Cabinet Committee on Economic Affairs approved increased Minimum Support Prices for all mandated Rabi crops for Marketing Season 2027–28. Safflower received the highest absolute increase at ₹675 per quintal, while wheat MSP was set at ₹2,610 per quintal.
- The Union Cabinet approved the Green Energy Corridor Phase-III scheme with a total project outlay of ₹1,86,405 crore through FY 2032–33. The initiative aims to evacuate up to 135 GW of renewable energy and deploy 50 GWh of battery storage systems.
Corporate Actions
Ex Date and Record Date: 05 October 2026
To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date.
| Stock | Event Type | Event Details |
| NMDC Ltd. | Dividend | Final Dividend, ₹1.00 |
IPO Corner: Mainboard
Listing Update
| Company | Issue Price | Listing Price | Listing Gains |
| A-One Steels India Ltd. | ₹405.00 | ₹462.00 | 14.07% |
| Moneyview Ltd. | ₹34.00 | ₹55.61 | 63.56% |
Company Making India’s Warheads
Back to Basics
Terms that put you one step ahead – every day
What is FATCA in India?
FATCA (Foreign Account Tax Compliance Act) is a U.S. law designed to catch tax evaders holding money in foreign bank accounts and assets. Think of it like an international tax surveillance system. Under an agreement with the U.S., Indian financial institutions, like banks and mutual fund houses, must report the financial details of any U.S. citizens, green card holders, or tax residents living in India.
In the stock market, you’ll encounter FATCA compliance whenever you open a demat or mutual fund account. You’ll be asked to declare your tax residency via a simple self-declaration form. For everyday investors, FATCA is simply a mandatory compliance step. If you’re an Indian tax resident, it’s just routine paperwork. But if you have U.S. tax links, full disclosure is non-negotiable to avoid locked accounts or heavy penalties.
Learn more: https://www.share.market/buzz/learn/fatca/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
