Oil prices are falling. OPEC plans to increase production. This is putting pressure on the market. However, there is optimism about a trade deal between the US and China. Both countries are major oil consumers. Leaders are expected to meet soon. This meeting could impact global oil demand. Sanctions on Russian oil companies are also a factor.

Game Changers Texfab s Rs 55-crore SME IPO opens October 28, offering 53.76 lakh shares at Rs 96-Rs 102. The fabric sourcing company, operating TradeUNO Fabrics and Fall in Love , reported strong FY25 growth with revenue up 18% and net profit surging 183%. Proceeds will fund capex, working capital, and general corporate needs.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

PNB Housing Finance shares are expected to see activity after a strong Q2FY26 profit growth of 24 percent. The company s net profit reached Rs 582 crore. Total income also rose by 13 percent. Brokerage firms like Bernstein and Motilal Oswal have set target prices, indicating confidence in the company s performance and future growth prospects.

Adani Energy Solutions saw its net profit drop 21% in the September quarter of 2025. Revenue from operations increased 7% year-on-year. The company s transmission and distribution businesses drove turnover. Expenses rose slightly. Capital expenditure for the first half of FY26 saw a significant increase. Three transmission projects were commissioned.

A Reserve Bank of India advisory committee suggested cash-flow based lending and digital solutions like TReDS can improve MSME credit linkage. The committee also emphasized addressing information asymmetry, financial literacy, and delayed payments to promote fair lending and rehabilitation of viable distressed units.

​​At present, rules prohibit payment of incentives directly or indirectly. As per Sebi annual report for FY25, the amount of public debt issues has reduced from ₹19,168 crore in FY24 to ₹8,149 crore in FY25.

The Securities and Exchange Board of India (Sebi) is proposing to increase the threshold for identifying high value debt listed entities (HVDLEs) from ₹1,000 crore to ₹5,000 crore. This adjustment aims to significantly reduce the compliance burden for companies, as current extensive requirements are proving costly and disproportionate, especially for non-banking finance companies.

The Securities and Exchange Board of India (Sebi) has put Sterlite Electric s proposed initial public offer on hold, withholding its observations without providing a specific reason. The specialized capital goods manufacturer, formerly Sterlite Power Transmission, had recently filed its draft papers for the public issue, which is set to include both a fresh issue and an offer-for-sale.

India s IPO market is booming with record fund raising and many companies filing for public offerings. This surge is driven by strong investor appetite and ample domestic liquidity. Investment bankers anticipate this momentum to continue, with more mainboard IPOs expected next year. Mega IPOs from major companies are a key feature.