PRE-MARKET INDIAN STOCKS NEWS: RBI rate decision is scheduled today

Adani Ports and Special Economic Zone (ADSEZ IN) - Co. incorporated wholly owned subsidiary Paradip Mahanadi Terminal on October 6 to develop and operate two dry bulk berths at Paradip Port in Odisha. (Economic Times)

Apollo Tyres (APTY IN) - Co. CFO Gaurav Kumar resigned effective October 6 to pursue new personal and professional opportunities outside the organisation. (Moneycontrol)

Asian Paints (APNT IN) - Co. Board will consider declaration of an interim dividend for FY27, with November 4 set as the record date if declared. (Moneycontrol)

Godrej Consumer Products (GCPL IN) - Co. inaugurated the first phase of a new manufacturing facility in Indonesia’s Kendal Special Economic Zone as part of an IDR 500bln investment in the country. (Economic Times)

HCLTech (HCLT IN) - HCL Group announced an INR 5bln investment to expand HCL IT City in Lucknow. (Economic Times)

Ola Electric Mobility (OLAELEC IN) - Co. Board will meet on October 7 to consider matters related to a rights issue of partly paid-up equity shares of up to INR 10bln. (Moneycontrol)

Titan Company (TTAN IN) - Co. consumer businesses reported 25% Y/Y growth in Q2 FY27, according to its quarterly business update. (Economic Times)

The wrap is routine pre-market corporate colour; the live event is the RBI decision. Indian rate decisions into an on-hold consensus have historically traded through two channels: the statement's balance between food-price inflation and liquidity management moves the front end and the INR, while the equity tape reads the tone on credit growth and system liquidity, with rate-sensitives (banks, NBFCs, autos, real estate) taking the directional cue. The distinction worth drawing is between a hold with a hawkish stance and a hold with a shift in liquidity operations, since the RBI has in past cycles signalled policy through liquidity and stance language well before touching the repo rate. On the corporate side, the Ola Electric rights issue board meeting is the idiosyncratic item with precedent risk, as partly paid-up structures in India have tended to overhang the stock until pricing is set; CFO departures like Apollo Tyres' are typically absorbed unless they cluster. The tells are the vote split, the stance wording, and any change to the liquidity framework in the Governor's statement.