The markets have rebounded after early lows. The Nifty is now trading above the 24,750 mark while the Sensex advanced nearly 500 points The Nifty Bank Index, often treated as the mood barometer for financials, rose by nearly 582 points, moving above the 55,217.95 level.
This came on the back of Reserve Bank of India unveiling key banking sector reforms. Apart from financials there are other big buzzers in trade too.
Here is a look at the top movers and shakers –
Bank sector stocks: Kotak Mahindra Bank, Axis Bank, ICICI Bank
The most visible reaction played out in heavyweight bank counters. Kotak Mahindra Bank share price stood out with a strong 3.02% jump, taking its stock price to Rs 2,052.80.
Axis Bank share price joined the positive trend with a gain to Rs 1,157.90, reflecting the broad participation of private lenders in the upswing.
ICICI Bank followed, climbing 1.72%. HDFC Bank, not to be left behind, also moved up by 1.43%. Both these private sector banks have long been seen as dominant players in IPO financing and corporate lending, and the RBI’s framework now practically gives them a sharper weapon in their arsenal.
RBI governor Sanjay Malhotra unveiled some big-bang banking reforms. The central bank has now proposed that Indian banks can finance acquisitions by domestic corporates without a cap, and it has simultaneously raised the lending limits against shares by 5x. The ceiling on loans against shares has been lifted from Rs 20 lakh to Rs 1 crore, while IPO financing per person has been enhanced from Rs 10 lakh to Rs 25 lakh. For banks, this is a green signal to capture a more aggressive slice of the capital market business.
Shriram Finance
Shriram Finance share price rose 3.66% after the company issued a clear denial of stake sale rumours involving Japan’s MUFG. In a filing, the company stated, “With a view to prevent any misinformation and ensure full transparency, we hereby in good faith wish to clarify that the Company is not aware of any such potential majority stake sale of equity shares of the Company by any shareholder(s).”
Tata Motors
Tata Motors share price registered a 4.38% rise to Rs 710. The company fixed October 14, 2025, as the record date for issuing shares of its demerged commercial vehicle business. Under the scheme, each shareholder will receive one fully paid-up share of Tata Motors Commercial Vehicles (TMLCV) for every one share held in Tata Motors. The new entity’s equity shares are proposed to be listed on both NSE and BSE.
Tata Investment Corporation
This is the second Tata Group stock in focus- Tata Investment share price gained 5.9% in intraday trade, hitting a high of Rs 10,950. In the past seven sessions, the stock has soared over 53%, pushing it to a 52-week high.
Sun TV Network
Sun TV Network share price advanced sharply, gaining 7.69% to Rs 562.2. The stock ranked as the second-biggest gainer in the BSE ‘A’ group. Trading volume touched 1.02 lakh shares, far above its monthly average of just 17,277 shares.
Nazara Technologies
The share price of Nazara Technologies surged 7.34% to Rs 273.5, emerging as the third-biggest gainer in the group. The counter recorded volumes of 5.95 lakh shares, compared to its monthly average of just 51,297.
RateGain Travel Technologies
RateGain Travel Technologies share price skyrocketed 8% after announcing the $250 million acquisition of Sojern. The deal, through its wholly-owned subsidiary RateGain Merger Sub, aims to expand its footprint in AI-powered travel marketing and guest interaction. The company also approved a corporate guarantee of up to $150 million to secure lending facilities for its UK arm.