On Monday, IT firm HCLTech announced a 21.18% rise in consolidated net profit to ₹5,132 crore for the July‑September quarter of FY27, driven by higher margins from its fast‑growing advanced AI operations and a lower tax outgo. The company’s revenue from operations rose 11.5% to ₹35,620 crore from ₹31,942 crore in Q2 FY26. HCLTech narrowed its FY27 revenue growth forecast to 2.5‑4% in constant currency from an earlier 1‑4% range, citing strong bookings, a healthy deal pipeline and momentum in AI‑led services. The CEO and MD, C Vijayakumar, highlighted that the guidance is backed by these factors. The company posted a net profit attributable to owners of ₹4,235 crore in the year‑ago period, according to a regulatory filing.

The domestic equity market is expected to open in the green on Tuesday, October 13, with GIFT NIFTY futures suggesting that the NIFTY50 index will open 37 points higher. In the same session, 22 companies are slated to announce their September quarter earnings, including Tata Elxsi, TARIL (Transformers and Rectifiers (India)), Hero Motors, TRF, GTPL Hathway Limited, ICICI Prudential Life Insurance Company, and Anand Rathi Share And Stock Brokers, among others. Investors will also monitor oil‑linked stocks as crude oil prices ease slightly after rising nearly $2 a barrel in the previous session. Brent crude futures fell 0.57% to $106.04 a barrel, while US WTI crude futures declined 0.5% to $93.27 a barrel.

Oil‑sensitives remain in focus as elevated crude prices could increase under‑recoveries for oil marketing companies if higher input costs are not fully passed on to consumers. Upstream oil producers such as ONGC and Oil India could benefit from higher crude prices, whereas aviation and paint companies may face cost pressures. The prospect of additional Russian diesel supplies could ease tightness in global fuel markets, while supply risks following attacks on Saudi Arabia continue to support prices. The market will watch how these dynamics affect the performance of oil‑linked equities today.

Tata Motors Passenger Vehicles Limited (TMPV) and Stellantis India announced a definitive agreement to expand their partnership into advanced technology and product collaboration. Under the agreement, TMPV and Stellantis will collaborate to develop vehicles for more than 50 global markets and manufacture them in India at Fiat India Automobiles Private Limited, the 50:50 joint venture between TMPV and Stellantis. TMPV will provide Stellantis access to its advanced product technology and vehicle architecture, which Stellantis will build upon through its product development and engineering capabilities in India to address the requirements of more than 50 global markets, adapting to diverse customer, regulatory and operating requirements, a statement said.

Power Grid Corporation acquired Lakadia II Power Transmission from REC Power Development and Consultancy Limited under a tariff‑based competitive bidding process. Lakadia II Power Transmission will be engaged in the business of transmission of power. The company said it has acquired Lakadia II Power Transmission, the Project SPV to establish an inter‑state transmission system for the project, namely Transmission system for Integration of Power from RE projects in Lakadia REZ in Gujarat‑Phase 11 (7500MW), on a build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator RECPDCL. The acquisition is expected to strengthen Power Grid’s transmission portfolio.

Other notable corporate moves include RBL Bank reporting a more than two‑fold jump in consolidated net profit to ₹498.36 crore for the September quarter, driven by RBI’s FCNR(B) scheme, and ICICI Prudential AMC reporting a 6.1% rise in profit after tax to ₹889 crore for the September quarter FY27. SpiceJet pilots refused to fly until salary dues are cleared, while Shadowfax Technologies saw Qualcomm Ventures divest a 0.98% stake for ₹157.28 crore. Nazara Technologies announced a leadership transition with founder Nitish Mittersain stepping down as managing director, and Aequs signed long‑term supply agreements with Safran for aerospace applications.