The Indian stock market is set to see action with key updates from major companies across insurance, automobiles, defence, energy, and banking. The market often responds quickly to changes in policy, leadership, defence orders, global investigations, and regulatory issues. This week, LIC witnessed strong inflows, Tata Motors announced a leadership change, BEL received a defence boost, Waaree Energies faced overseas scrutiny, and IndusInd Bank confronted claims of accounting irregularities. These developments could influence investor sentiment and shape trading activity in the days ahead.
Stock Market on 29 September
LIC
LIC received inflows of over Rs 1,100 crore on the first day after GST was removed from traditional life insurance policies. This marks a sharp rise compared with its usual monthly premium income of around Rs 5,000 crore.
Tata Motors
Tata Motors has named Shailesh Chandra as its new Managing Director and CEO for three years, starting on 1 October 2025. He will also continue to lead the company’s electric vehicle business following the resignation of P. B. Balaji as Group CEO.
Bharat Electronics (BEL)
The Indian Army has placed a tender for five to six regiments of the Anant Shastra missile system, developed by DRDO. BEL will deliver the project to strengthen India’s air defence on the borders.
Waaree Energies
Waaree Energies, India’s largest solar panel maker, is facing a US probe over alleged duty evasion on imports. The company stated that it follows all laws and will fully cooperate with the authorities.
IndusInd Bank
Former CFO Gobind Jain has alleged that accounting irregularities in IndusInd Bank’s derivatives portfolio date back to 2015. He told the Mumbai EoW that senior management and the former finance chief were aware of the issues.
