top stories of 19 October

every morning: the most covered market stories of the past day. by email, on telegram and here.

1. Brokers back Jio Platforms IPO on strong earnings growth and cash flow

   Emkay, Ventura and GEPL Capital recommend subscribing to the Rs 30,213 crore Jio Platforms IPO, which is set to list on October 28.

   Analyst Rating · IPO · Stock · India — 2 sources

2. Foreign investors pull ₹52,100 crore from Indian equities in October so far

   Foreign portfolio investors keep selling Indian shares as high crude prices, rising US bond yields and a stronger dollar weigh on sentiment.

   Currency · Futures · Bond · Treasury Notes — 2 sources

3. Analysts expect oil to rise next week as supply risks outweigh relief steps

   Moody's analysts see another volatile week for crude as West Asian supply worries and stalled US-Iran talks keep markets on edge, despite relief efforts.

   Futures — 1 source

4. Accenture weighs sale of Chinese operations for up to $1.5 billion

   Accenture is reportedly considering selling its China business for up to $1.5 billion, according to a Financial Times report citing people familiar with the matter.

   Divestment · China · Acquisition · Stock — 2 sources

5. India's services surplus narrows as imports outpace exports, ICICI Bank says

   India's net services exports fell 10% year on year to $16.9 billion in September 2026, according to an ICICI Bank research report.

   Economy · Trade Balance — 2 sources

6. Indian Court Overturns Yes Bank AT-1 Write-Off: What It Means for Markets

   India's Supreme Court set aside the Rs 8,415 crore write-off of Yes Bank's AT-1 bonds, according to Moody's. The ruling also questions the instrument's design and regulatory oversight.

   Bond · Credit · Stock · India — 1 source

7. Salalah Port Services gets notice that concessions will not be extended past 2028

   Salalah Port Services said the Ministry of Transport will not extend its concession agreements beyond 1 November 2028. The decision is final and the board is assessing its impact.

   Middle East · Logistics · Shipping · Infrastructure — 1 source

8. Air India extends suspension of flights to Jeddah, Riyadh and Dammam until 24 October

   Air India and Air India Express have extended flight suspensions to three Saudi cities over the security situation. Other Indian carriers, including IndiGo and Akasa Air, also extended cuts.

   Stock · India — 1 source

9. Bajaj Finance to report Q2 results on October 19

   Bajaj Finance will publish its Q2 2026 results on October 19, with analysts expecting loan growth and better asset quality.

   Earnings · Stock · India — 1 source

10. Al Maha Ceramics lifts nine-month profit 69% on higher sales

    Omani ceramics maker Al Maha Ceramics posted a 69% rise in nine-month net profit after tax, according to Reuters. Gross revenue grew 59%.

    Earnings — 1 source

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