Stock recommendations for 8 October from MarketSmith India

Mint has reported a new India-focused economy development: “RBI’s repo rate hike: Inflation must be tackled in a global context weighing against macro stability.” The publisher's feed describes the story as follows: The Indian central bank’s first rate hike since early 2023 aims to tame inflation. That’s reassuring. Macro stability, however, covers far more than domestic price levels—and it’s an external challenge that may prove harder to stare down. Intellectual Janata Party includes this ite

Mint has reported a new India-focused economy development: “Mint Quick Edit | RBI's proposed committee for financial markets is timely: Here’s how it may work best.” The publisher's feed describes the story as follows: An integrated formal interface with financial market participants would give the Reserve Bank of India a closer ear to how trading floors interact, which could help it spot contagion effects and stability risks early. It mustn’t suffer mission creep, though. Intellectual Janata

The Times of India has reported a new India-focused economy development: “Consolidated account statements to reflect deposits in banks.” The publisher's feed describes the story as follows: <![CDATA[Individuals will soon benefit from easier access to financial assets in one place through RBI's measures. Interoperable account aggregators will enable customers to access financial information across various banks with consent. Survivors of deceased account holders will find it simpler to discover

The Economic Times has reported a new India-focused economy development: “GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reforms.” The publisher's feed describes the story as follows: GST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One reform will address arrest powers for tax officers, requiring court orders for detentions. Input tax credits on certain bu