Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment heading into the weekend. Additionally, a rise in oil prices fueled market fears about economic stability and rising borrowing costs. The S&P 500, Dow Jones, and Nasdaq all recorded substantial losses amid these uncertainties.

Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and rising inflation. The KBW Bank Index has fallen about 13% since its August peak, continuing a trend of losses. Concerns about artificial intelligence disrupting financial services contribute to the negative sentiment toward the sector. Analysts highlight challenges involving elevated interest rates potentially slowing economic growth.

Iran war-driven input cost pressures drag FY27 earnings growth forecast to 9.2% from 16.5% in February, while real estate bucks the trend

VPF allows salaried employees to invest beyond mandatory EPF contributions at the prevailing 8.25% interest rate. Understand the ₹2.5 lakh tax-free interest limit, tax on excess contributions and withdrawal rules before investing more for retirement.

Visa has received approval to prepare a wholly owned card-clearing business in China, while Mastercard seeks independent operations and Citigroup pursues an onshore securities licence.

A significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 100 dropped by 1.8%, continuing its longest losing streak since 2008. Market participants are questioning if AI infrastructure investments will yield profitable returns despite strong demand for chips. Federal Reserve Chairman Kevin Warsh maintained a neutral stance on interest rates during discussions at the IMF meetings.

India shifts ethanol procurement to corn and rice as weak rainfall threatens sugar output and domestic prices touch record highs.

Abakkus Flexi Cap Fund raised its holdings in Groww, NTPC and HDFC Bank in September, added Zydus Lifesciences and exited Cyient DLM. It also trimmed positions in Divi’s Laboratories and Oracle Financial Services Software.

The advisory highlights risks from exposed login credentials, access to personal and confidential business data, and AI-based offensive-security tools used in financially motivated cyberattacks.

Sitharaman on Friday said the growing trade imbalance and persistent restrictions on market access for Indian products remained major concerns, despite years of engagement with Beijing.

India ranked among the top three sources of private capital mobilised by the World Bank Group in FY26, alongside the United States and the United Kingdom. The institution’s private capital mobilisation reached a record $112 billion.

Brent crude has gained 1.2% this week as attacks around the Strait of Hormuz heighten supply concerns, while falling US crude inventories lend support to oil prices.

The Economics Nobel rewards work that holds lessons for India

Investors will track earnings from real estate, banking, consumer, telecom and technology companies, with DLF, PNB, Bajaj Housing Finance, Federal Bank, LTM, Oberoi Realty and Tejas Networks among the key names reporting September-quarter results.

A 30% salary hike may look attractive, but tax, commuting and childcare costs can shrink the gain. An illustrative ₹18 lakh salary scenario shows how a ₹5.4 lakh raise could leave just ₹1.74 lakh in extra annual money.

E2E Networks shares have surged approximately 249.14% in 2026 after losing 50% in 2025. Rising demand for AI computing infrastructure, a Rs 1,000-crore sovereign AI contract and strong September-quarter earnings have helped revive investor interest.

World Bank President Ajay Banga says practical AI tools can help small businesses in developing economies overcome barriers to finance, reach new markets and create jobs.

World Bank President Ajay Banga says practical AI tools can help small businesses in developing economies overcome barriers to finance, reach new markets and create jobs.

Net spend on oil and gas imports increased about 40% to $13.4 billion.

The 1993-batch IFS officer brings experience in economic diplomacy, trade negotiations and India’s neighbourhood policy to his new assignment in Kathmandu

As vehicles become increasingly software-defined and AI-enabled, competitiveness will depend on how well we integrate capabilities across software, electronics, semiconductors, batteries, cybersecurity and validation

Net profit is projected to rise 54.13% year on year to Rs 1,008 crore, although it could decline 5.88% from the preceding quarter.

Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern Washington-New Delhi relations.

A look at every home T20I series India have played with at least three matches, and the record against each opponent.

World Bank chief says 1.2 billion young people will enter the workforce over the next 10–15 years, while only 400 million jobs are projected to be created, calling for greater mobilisation of public and private capital to bridge the gap.

Microsoft says Windows 11 improvements include faster Search, Start and File Explorer, reduced background memory use on 8GB PCs, and fewer interruptions from updates.

The project will convert a former ammonia and urea plant from natural gas fuelled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tonnes per year

The Dow has bucked that trend, rising more than 1% over one week, supported by gains in stocks outside the technology sector.

The 6,094 sq ft apartment is located in Tower A of Trump Towers in Kalyani Nagar, Pune. The three-year agreement was registered on October 6, with rent rising each year.

ITC will announce its Q2 FY27 results on November 2. The company has notified stock exchanges of the board meeting to consider its September-quarter earnings, while dividend details and the earnings call schedule are yet to be confirmed.

Ethereal Exploration Guild’s new facility will support development of its fully reusable medium-lift launch vehicle.

IRDAI chairman Ajay Seth said that the regulator is exploring the ways in which it can help policyholders to finance their final premiums against policy’s surrender value as a security.

IRDAI chairman Ajay Seth said that the regulator is exploring the ways in which it can help policyholders to finance their final premiums against policy’s surrender value as a security.

Micron, SanDisk and Intel fell as renewed concerns over Chinese competition and the sustainability of AI spending weighed on chipmakers, putting the Nasdaq on track for a weekly decline.

The approvals add four companies to the pipeline of businesses preparing to tap the public markets.

Maharashtra FDA also seized 81,330 kg of food stock worth Rs 1.73 crore across six divisions, with samples sent for laboratory testing and further action pending the results.

Delhi has 71 fire stations against the 120 required for a five-minute response time, while officials have proposed 197 new firefighting vehicles and equipment units.

Cult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue rose 36.26% in FY26, while adjusted EBITDA margin improved significantly as fitness operations expanded nationwide.

Several fund houses have suspended lump-sum purchases and new investment plans, while existing instalments and redemptions continue.

Royal Enfield Classic 650 Hypershift features colour-shifting paint, hand-painted pinstripes and exclusive anniversary badges, with deliveries expected to begin in November.

The IMF has urged countries to strengthen global cooperation as AI disruption, geopolitical conflicts, and rising debt threaten economic stability. The US, meanwhile, remains optimistic about growth driven by innovation and investment.

If you want, you can buy some of them. No pressure. But it’s for charity, so if you don’t you’re a bad person

On Friday, Wall Street displayed a mixed performance as investors expressed apprehensions regarding the influence of the AI sector on semiconductor stocks.

On Friday, Wall Street displayed a mixed performance as investors expressed apprehensions regarding the influence of the AI sector on semiconductor stocks.

The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stocks such as Goldman Sachs and JPMorgan Chase helped offset broader losses on the index. Concerns about debts of companies like CoreWeave intensified following steep declines in AI stocks. Additionally, inflation data further influenced market sentiment and expectations regarding interest rate adjustments.

The S&P 500 rose 0.1%, while the Nasdaq Composite fell 0.2%. The Dow Jones Industrial Average gained 188 points, or 0.4%.

DLF reported a 11% year-on-year increase in July-September net profit to Rs 1,301 crore, with sales bookings reaching Rs 3,800 crore. Its Aureva luxury retirement project in Gurugram sold out, while the company maintained a strong net cash position.

Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.

Tesla shares climbed nearly 5% after the Roadster unveiling, while SpaceX and Alcoa also gained. CoreWeave slipped as investors weighed debt concerns and the outlook for AI spending.

Chris Gayle, Andre Russell and David Warner are among the former stars expected to feature in the knockout clash in Sharjah.

The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measures curbed dollar demand, while a weaker dollar index supported the currency despite corporate buying pressure.

The government has notified Aadhaar verification rules for PM CARES for Children scholarship beneficiaries. Children cannot be denied benefits solely because authentication fails or they lack Aadhaar, subject to prescribed alternative identity-verification procedures.

Federal Bank posted record Q2 profit of Rs 1,386 crore, up 45% year-on-year, as net interest income climbed 26%. Advances grew 22% and deposits 19%, while asset quality improved, with gross NPAs declining to 1.32% during the September quarter.

The revenue growth was "driven by double-digit growth in general trade, highest-ever quarterly sales in international business", said CGCEL in its earnings statement.

With no previous T20I meetings between the two sides, India and Zimbabwe will look to make a strong start to their first bilateral T20I contest.

Gemini Edibles & Fats India was found offering/selling food products through its own e-commerce website without appearing to hold a valid central licence covering e-commerce activity.

China dependence, short product cycles and labour attrition pose hurdles to scaling toy manufacturing; Funskool plans a Ranipet and Goa expansion, explores automation and seeks to strengthen its manufacturing capabilities

The value of gold reserves decreased by $1.319 billion to $105.094 billion during the week, the RBI said.

The effective date of the amalgamation will be December 1, 2026, the Reserve Bank of India (RBI) said in a statement.

Yami Gautam recalled how Aditya Dhar invited her to make a special appearance in the film, saying the chance to work with one of the finest directors was her reward.

The global automobile industry is being reshaped by electric vehicles, software, changing consumer preferences and intense competition. Nonetheless, market valuations show that investors are rewarding these companies, with Tesla commanding a valuation far exceeding competition.

DLF Q2 Results: Net Profit Rises 10% To Rs 1,301 Crore, Revenue Down 23%

Five BSE 500 stocks—Shyam Metalics, PVR Inox, Kotak Mahindra Bank, Indian Hotels and Laurus Labs—hit fresh 52-week highs as the Sensex gained 413 points. All five stocks posted monthly gains of around 8% to 15%, signalling positive momentum.

LTM reported a marginal 0.1% decline in Q2 FY27 profit to Rs 1,379.9 crore, while revenue rose 13.6% to Rs 11,807.6 crore. Enterprise AI and Business AI revenue grew 47%, and the company declared an interim dividend of Rs 25.

The user is now trying to figure out how to divide their salary between repaying the family debt, building an emergency fund, and investing for the future.

The reported briefings advise OpenAI employees to protect devices, erase meeting-room whiteboards and watch for suspicious approaches that could expose sensitive company information.

LTM has declared an interim dividend of Rs 25 per equity share, fixing October 23, 2026, as the record date. Eligible shareholders will receive the payment within 30 days of the dividend declaration, according to the company’s filing.

The key question for investors is whether the expected earnings growth can support share-price performance amid potential pressure on margins and funding costs.

The pro forma effect of reinstating the AT1 bond principal on its Common Equity Tier-1 (CET1) ratio, including profits, as of June 30, 2026, was expected to be 250 basis points.

DEE Development Engineers Limited announced a framework agreement with a domestic engineering contractor for the nuclear power sector. This collaboration aims to strengthen its presence in various nuclear power projects across India. The focus will include comprehensive engineering support like design services, budgetary offers, and sourcing of essential components. Indian nuclear energy ambitions are driving the need for reliable engineering expertise and strict quality standards.

Ray Dalio’s All Weather portfolio returned 9.9% annually over 15 years in India, compared with 10.4% for a 60:40 portfolio and 12% for the Nifty 500 TRI. However, it had lower volatility and a smaller peak-to-trough fall, highlighting the trade-off between returns and risk.

HDFC Bank, ICICI Bank and Axis Bank are expected to report higher profits for Q2FY27, but FCNR(B) deposit inflows, margin pressure and credit costs will shape their September-quarter earnings.

Investors will track earnings from real estate, banking, consumer, telecom and technology companies, with DLF, PNB, Bajaj Housing Finance, Federal Bank, LTM, Oberoi Realty and Tejas Networks among the key names reporting September-quarter results.

Tthe agricultural segment warranted close monitoring amid the threat of El Niño, though the bank had not yet recorded any significant impact on slippages.

Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets under management grew 25% to Rs 1.58 lakh crore, with asset quality remaining largely stable.

The 30-share BSE Sensex climbed 413.66 points, or 0.56%, to settle at 74,729.27. During the day, it surged 463.17 points, or 0.62%, to 74,778.78

Six years after backing Jio Platforms during the pandemic, global investors are staring at multibagger gains as the company prepares for its market debut.

Urban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitability. Revenue rose 41% year-on-year to Rs 537 crore, while orders grew 103%. The company also approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval.

PNB Q2 Results: Net Profit Rises 13% To Rs 5,582 Crore, NII Up 11%; Asset Quality Improves

PNB Q2 Results: Net Profit Rises 13% To Rs 5,582 Crore, NII Up 11%; Asset Quality Improves

Investors will track earnings from real estate, banking, consumer, telecom and technology companies, with DLF, PNB, Bajaj Housing Finance, Federal Bank, LTM, Oberoi Realty and Tejas Networks among the key names reporting September-quarter results.

Indian equities extended gains as strong IT earnings lifted sentiment, with the Nifty rising 149 points to 23,146 and Sensex gaining 413 points. Tech Mahindra led advances, while broader markets slipped. Analysts flagged 23,000 as crucial for further upside.

Missed a gold loan EMI? An overdue payment does not automatically mean your pledged jewellery will be auctioned. Understand the RBI framework, how lenders handle defaults, the notice process, and what borrowers can do to reclaim their gold before it is sold.

ITAT Mumbai quashed a ₹1.46 crore reassessment against a man who said he earned ₹3,500 a month, ruling that the tax department failed to establish valid service of the notice. The tribunal did not decide whether the disputed transactions were genuine.

For DP World, the main trouble centres around the port of Jebel Ali in Dubai, which is the ninth-largest port in the world, and the largest in West Asia

The Jakarta Composite Index closed down 11.57%, marking its largest single-day drop since January 1998 during the Asian Financial Crisis.

Bitcoin recovered above $82,000 after briefly falling below $80,000 as hotter-than-expected US producer inflation intensified concerns over Federal Reserve rate hikes. Nearly $950 million in leveraged positions were liquidated, while spot Bitcoin ETFs recorded $261 million in outflows.

Prepare for a health insurance claim with 5 essential steps before hospitalisation. Check policy documents, identify network hospitals, organise medical records, understand coverage limits and maintain a claims folder to reduce paperwork hassles and better manage potential out-of-pocket expenses.

Stock Market Highlights: Broader markets, bucking the trend, ended lower. Nifty Small Cap 100 index closed 0.01% lower, while Nifty Mid Cap 100 index settled 0.11% lower.

Yes Bank is expected to post a 48% YoY jump in Q2 net profit to Rs 969 crore, driven by robust loan growth and higher NII. However, investor focus remains on the Supreme Court ruling invalidating its Rs 8,415 crore AT-1 bond write-off, which has pressured the stock.

On the downside, the 20-DMA at 22,847 is likely to provide immediate support, followed by the stronger support zone of 22,550-22,650.

Nuvama Institutional Equities has initiated coverage on Laurus Labs with a ‘Buy’ rating and a target price of Rs 2,520, implying a 24% upside from the current market price. The brokerage expects the drugmaker’s shift from its traditional anti-retroviral (ARV) business towards contract development and manufacturing (CDMO) to drive its next phase of growth.

SBI has raised its benchmark lending rates by 25 bps from 15 October 2026. Find out how the hike could affect EMIs and total interest on ₹30 lakh, ₹50 lakh, ₹80 lakh and ₹1 crore home loans, and how choosing a higher EMI instead of a longer tenure could help reduce borrowing costs.

European shares climbed on Friday, with the STOXX 600 heading for its strongest weekly gain since August, supported by robust corporate earnings and stabilising technology stocks. Industrial stocks led advances, while investors monitored eurozone inflation data, elevated oil prices and artificial intelligence spending concerns for clues on monetary policy and growth.

Indian Railways has announced 3,548 graduate-level NTPC vacancies across four categories. Applications are open till 6 November 2026. Selection includes two computer-based tests, document verification and medical examination. 

Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while IndiGo, RIL and Asian Paints were the top drags.

Gross Non-Performing Assets moderated to 2.10% from 2.16% in the preceding quarter, while Net NPA came down to 0.31% from 0.34% in the first quarter of FY27.

Hotels were impacted in Q1 by the US-Iran conflict; however, analysts at Axis Securities expect a strong Q2, supported by improving metro demand and the BRICS Summit.

A week of competing forces shaped markets, as AI trade jitters, RBI intervention and signals on capital gains tax and STT intersected with geopolitical risks, shifting oil prices and a resilient set of corporate earnings.

For the July-September quarter, TIPS Music reported a 23 per cent Y-o-Y increase in the profit after tax (PAT) at ₹65.5 crore.

A job loss, medical emergency or unexpected financial burden can force you to pause your investments, impacting how compounding works on your investments.

The draft standards propose on-road emissions testing and new checks on pollution from brakes and tyres, with cars first in line for a phased rollout from April 2029

Arshdeep Singh sustained a blow to his bowling shoulder during the fourth T20I in Hyderabad, and a decision on his participation will be taken before the game.

The conglomerate has reached out to staff across its group companies and encouraged them to open trading accounts, as Mukesh Ambani seeks to build interest in the proposed $3.2 billion listing

Six years after backing Jio Platforms during the pandemic, global investors are staring at multibagger gains as the company prepares for its market debut.

Dipke had earlier said police and Intelligence Bureau personnel had surrounded the house, adding that vehicles without number plates follow him.

Zetwerk IPO GMP today stands at Rs 14 per share, suggesting an estimated listing price of Rs 165 against the upper price band of Rs 151. Investors can apply for a minimum of 99 shares for Rs 14,949.

Abhijeet Dipke taken into custody for second time in a week as youth movement pushes for resignation of chief elections commissioner

ICICI Bank is expected to report 15.8-18% year-on-year growth in net interest income and 15-21% growth in profit after tax in Q2FY27, according to brokerage estimates. Investors will track net interest margins, loan and deposit growth, operating profitability and asset quality, with margin pressure and provisioning trends remaining key monitorables.

Mukesh Ambani is mobilising Reliance Industries’ workforce to boost interest in Jio Platforms’ record IPO. The conglomerate has encouraged employees to consider investing, released October salaries early and set aside shares for eligible employees and Reliance shareholders.

Investors should also consider inflation, applicable taxes, and investment costs when assessing what their accumulated wealth may be worth in the future.

The stock price of DMart dipped 1.5% to ₹3,322.90 on Friday, quoting at its lowest level since March 2023. The stock slipped 9% in the past seven trading days.

Can you get a business credit card without owning a registered business? Freelancers, consultants and self-employed professionals may qualify, depending on the issuer’s eligibility criteria, proof of income, business activity and documentation requirements. Read on to know the complete rules. 

Solara Active Pharma Sciences reported a consolidated net profit of ₹28.59 crore in Q2FY27 and ₹44.70 crore in H1FY27. It posted a loss of ₹9.29 crore in Q2FY26 and profit of ₹0.42 crore in H1FY26.

Gold ETF FoF investors face restrictions on fresh investments from October 16 as several mutual fund houses halt new subscriptions ahead of Dussehra and Diwali. Find out which fund houses have imposed curbs, which transactions are affected, and what investors can still do.

Jefferies said the decision to use the volume-weighted average price (VWAP) to calculate settlement prices of derivatives contracts on expiry days is a bigger positive for brokers than for exchanges.

Indian banks are expected to post healthy earnings growth in Q2FY27, supported by strong loan growth and stable asset quality. However, FCNR(B) deposit inflows are likely to compress reported net interest margins, while weaker treasury income could weigh on public sector banks.

Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while IndiGo, RIL and Asian Paints were the top drags.

Investors will track earnings from real estate, banking, consumer, telecom and technology companies, with DLF, PNB, Bajaj Housing Finance, Federal Bank, LTM, Oberoi Realty and Tejas Networks among the key names reporting September-quarter results.

AB de Villiers-led South Africa Champions take on England Champions in the WCL 2026 semi-final. Check the match date, start time, live streaming and telecast details.

Haven’t paid your Delhi property tax regularly or have years of outstanding dues? The MCD’s SUNIYO 2.0 scheme offers eligible property owners and occupiers a chance to settle their dues with significant relief. Here’s how to apply before the 31 December deadline.

Fusion CX is raising Rs 702 crore through its IPO to repay debt, invest in AI technology, and support acquisitions. The promoters told NDTV Profit that AI adoption could drive growth across its customer experience and data infrastructure businesses.

The Eternal SBI Card offers 10% instant discount for spends on Zomato, Bistro, District, and eligible spends on Blinkit. Cardholders also earn 5% cashback with partners including Uber, ixigo, Urban Company, and Apollo. 

The Eternal SBI Card offers 10% instant discount for spends on Zomato, Bistro, District, and eligible spends on Blinkit. Cardholders also earn 5% cashback with partners including Uber, ixigo, Urban Company, and Apollo. 

Indonesian stocks suffered a massive 11 per cent decline on Friday after MSCI threatened its "emerging market status", which could prompt massive foreign selloff from the Southeast Asian economy.

The New Delhi Traders Association has said protests over the past three weeks hit sales and disrupted livelihoods, and has urged groups to demonstrate elsewhere.

Ten stocks held by over 100 mutual fund schemes gained 75% to 205% in CY26 through September. Six of these stocks more than doubled, led by Welspun Corp and MTAR Technologies.

Axis Bank Q2 results preview: The net interest margin may come under pressure in Q2FY27 due to elevated FCNR(B) deposit mobilisation, with analysts projecting a sequential decline of 7-12 bps.

Bank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that second-round pressures remain uncertain. With inflation at 3.1%, above the 2% target, policymakers are weighing potential interest rate hikes against economic resilience, rising borrowing costs and geopolitical uncertainty.

Indian IT stocks staged a sharp comeback this week, adding Rs 2.6 lakh crore in market value as the sector gained 12% to become the best-performing index. Better-than-expected Q2 earnings, positive management commentary and a selloff in AI-linked stocks helped revive sentiment, even as concerns over AI adoption and earnings growth persist.

Virat Jagad, technical research analyst at Bonanza, flags that HCL Technologies and Zensar Technologies witnessed buying interest at their respective 100-month exponential moving averages on the chart

Home loan EMI: Buying a home worth ₹50 lakh, ₹75 lakh or ₹1 crore requires careful financial planning. Experts explain the monthly salary needed to manage home loan EMIs, along with the down payment, upfront costs and other expenses buyers should consider before taking a loan.

The bank is slated to post its September quarter earnings this Saturday (October 17) along with several other leading private banking names.

Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while RIL and ITC were the top drags.

Across Maharashtra, 1,675 warrants have been issued across 632 projects, covering dues of Rs 1,199.97 crore.

HDFC Bank Q2 results preview: While deposit growth is expected to be strong, supported by strong FCNR(B) inflows, pressure on margins is seen.

Sebi will restore the volume-weighted average price method for expiry-day derivatives settlement from December 7, following trader concerns over sharp price swings

Under the IRCTC travel insurance terms for regular e-ticket bookings, missing nomination details can affect the settlement process, and payment is then handled in accordance with the applicable policy and legal-heir requirements.

In Q2FY27, demand remained healthy despite the elevated gold price (up 28% YoY) supported by festive demand, premiumisation and continued market share gains by organised players, analysts said.

Japanese investors sold foreign bonds for a fourth consecutive week, pushing year-to-date net outflows to 5.34 trillion yen, the highest since 2022. Rising domestic bond yields are encouraging capital repatriation, while foreign investors increase Japanese bond and equity holdings. However, life insurers’ limited selling suggests repatriation remains gradual.

Indian Bank gained Rs 1,388 crore from the NSE listing, boosting second-quarter non-interest income by 50% to Rs 3,953 crore. The one-time gain offset pressure from rising bond yields, despite Rs 123 crore in mark-to-market losses. Meanwhile, Canara Bank and UCO Bank reported declines in other income, reflecting weaker treasury earnings.

Sometimes, a cash flow crunch or an unexpected expense can push you to stop your SIPs. The good part is that it does not prevent your existing corpus from growing.

Jio Platforms’ Rs 30,200 crore IPO has a grey market premium of Rs 220 ahead of its October 21 opening. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth and digital expansion, while flagging valuation, regulatory and capital expenditure risks.

Multi-asset allocation funds and omni FoFs offer exposure to multiple asset classes, but their returns can differ significantly. A comparison of their asset allocation and underlying holdings shows how the investment strategies of these two categories differ.

The Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to skyrocketing hedging costs and dwindled liquidity in the forex sector. Moreover, bond yields soared to their highest in three years due to escalating oil prices and foreign outflows. Banks brace for possible downturns and reduced foreign-exchange dealings in the next quarter.

Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price of Rs 244. The brokerage expects the company’s shift towards telecom and networking products, along with rising demand from data centres and exports, to drive earnings growth.

The new Audi Q3 arrives in India with updated styling, a feature-rich cabin and a 204hp turbo-petrol engine ahead of its India launch, with prices expected to range from Rs 55 lakh to Rs 60 lakh.

Federal Reserve Bank of Chicago President Austan Goolsbee called the latest US consumer and producer inflation data discouraging, raising concerns about persistent price pressures. While temporary factors such as tariffs and geopolitical conflicts could ease, he warned that demand driven by the rapid expansion of AI data centres could require a policy response.

Kumar Rajeev Ranjan, Secretary of the Labour and Employment Department, is purportedly heard using a sexist slur against JKAS officer Beenish Wani, Assistant Director, Employment.

Praveen Singh of Mirae Asset Sharekhan has said that spot gold is facing tremendous selling pressure on rate hike concerns as inflation continues to run hot. It is advisable to sell into rallies.

Praveen Singh of Mirae Asset Sharekhan has said that spot gold is facing tremendous selling pressure on rate hike concerns as inflation continues to run hot. It is advisable to sell into rallies.

India-U.S. trade agreement would be concluded at the earliest, in the interest of global trade and bilateral economic ties between the two countries, says the Union Finance Minister

A report by Equirus Wealth finds that many women assume family wealth responsibilities after major life events without structured financial training. With an estimated ₹73 lakh crore set to pass to women over the next decade, it urges families to prepare successors.

ICICI Securities has maintained its Buy ratings on Bajaj Consumer Care and Fedbank Financial Services following their september-quarter earnings, citing healthy business growth and improving profitability.

None of the affected organisations detected the access. Each case came to light only because the AI model providers disclosed it after an internal review.

CoreWeave’s share and bond sell-off has intensified concerns over the debt financing behind the AI infrastructure boom. With around $50 billion in debt and bond yields above 16%, investors are questioning whether future AI revenues can justify rising borrowing and infrastructure costs.

Praveen Singh of Mirae Asset Sharekhan said that silver has fallen quite sharply in the last few weeks. The white metal looks weaker than gold, as ETF flows are not inspiring.

Indonesia’s $1.5 trillion stock market plunged after MSCI warned that its emerging-market classification may no longer be appropriate, raising fears of billions of dollars in foreign outflows. Concerns over market transparency, opaque shareholding structures and policy credibility have intensified investor anxiety, with Indonesian equities down nearly 40% in 2026.

Jio Financial share: Analysts at Motilal Oswal Financial Services said healthy execution continued to drive growth, but higher provisions prompted earnings estimates cut for FY27.

Federal Reserve Chair Kevin Warsh gave no signal on whether the US central bank would change interest rates at its October 27-28 meeting, reiterating its commitment to price stability. Markets await further clues from economic data and policymakers on the rate outlook.

A SIP can help parents build a college fund over 12 years, while shifting to safer investments as the deadline approaches can help protect the money needed for fees.

Jewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses temporarily restricted fresh subscriptions to gold ETF Fund of Funds. With the festive and wedding season approaching, analysts expect resilient gold demand, while organised retailers could benefit from market share gains.

Jewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses temporarily restricted fresh subscriptions to gold ETF Fund of Funds. With the festive and wedding season approaching, analysts expect resilient gold demand, while organised retailers could benefit from market share gains.

Filmmaker Kiran Rao has backed Imran Khan after he was asked to leave India by October 28 over his participation in a Mumbai protest, while the actor plans to challenge the FRRO notice in the Bombay High Court.

Fund houses have stopped fresh lump-sum investments and new SIP, STP and switch registrations in gold FoFs from Friday, while existing transactions and investments in gold ETFs remain open

At 10:12 AM on Friday, the Nifty IT index was the top sectoral gainer, up 2.8%. Tech Mahindra, Wipro, Infosys and TCS surged up to 7% amid Q2 earnings cheer.

Economic relations, climate change, energy and research opportunities were some of the aspects of the partnership that were expected to be discussed during the summit

Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while RIL, Asian Paints and L&T were the top drags.

The share price pared some gains to trade 1.7% higher at Rs 177.2 as of 9:22 a.m.

The brokerage highlighted that Polycab reported another strong quarter with its highest-ever quarterly revenue in Q2 FY27, supported by strong domestic demand, healthy execution, and improving business mix.

The regulator is optimistic about the revised Closing Auction Session mechanism and will consider further changes based on market feedback, but will not make revisions without consulting market participants.

Microsoft heads into its October 28 earnings report amid bullish analyst sentiment, driven by Azure growth and AI adoption, as investors assess monetisation, capital expenditure and profitability prospects.

Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp decline in profit weighed on sentiment. Brokerages remained divided on the stock amid valuation concerns and acquisition-related costs.

On Friday morning, benchmark indices Sensex and Nifty made a remarkable recovery after a short dip into negative territory. The IT sector continued its upward trend for the fourth consecutive session, with significant contributions from industry leaders such as Tech Mahindra and Infosys, which surged, boosting the sectoral index. While a few companies faced declines, the general market outlook remained optimistic, following a notable rise earlier in the week.

On Friday morning, benchmark indices Sensex and Nifty made a remarkable recovery after a short dip into negative territory. The IT sector continued its upward trend for the fourth consecutive session, with significant contributions from industry leaders such as Tech Mahindra and Infosys, which surged, boosting the sectoral index. While a few companies faced declines, the general market outlook remained optimistic, following a notable rise earlier in the week.

On Friday, benchmark indices Sensex and Nifty extended their gains for a second consecutive session. IT stocks, which rose significantly, contributed to the market rally alongside gains in auto, metal, and PSU banking stocks. Additionally, US bond yields fell, enhancing the appeal of Indian equities for foreign investors. Meanwhile, oil prices eased despite ongoing tensions, leading to expectations of reduced global freight rates.

Sebi has revised the Closing Auction Session (CAS) framework after receiving more than 20,000 comments from stakeholders. The updated rules introduce a 10-minute closing auction, restore the VWAP method for F&O expiry settlement prices and clarify order transfers. Most changes will take effect on December 7, 2026.

Stating that Jio’s own satellite services await clearances, the company said, “At Reliance, we have never feared competition. We see it as the truest test of who serves the customer best.”

Brokerage firm Motilal Oswal has released its latest Q2 FY27 earnings reviews for several companies, including Jio Financial Services, 360 ONE WAM, Cyient DLM, CEAT, IIFL Finance and Tata Communications.

Fresh lump-sum investments, new SIP registrations and SIP step-ups in these FoFs have been suspended, while existing SIPs will continue as usual.

Global hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectations of higher interest rates. Asia-focused stock pickers were hit hardest, losing 6.8% in early October, while global fundamental long-short funds fell 2.9% through October 15, according to Goldman Sachs data cited by Reuters.

Karur Vysya Bank shares rose sharply after the private sector lender reported a 37% year-on-year rise in Q2FY27 net profit to Rs 788 crore. Net interest income grew 19% to Rs 1,497.3 crore, while total business increased nearly 18% to Rs 2.40 lakh crore.

In the interbank foreign exchange market, the rupee opened at 94.75, touched 94.79, and gained 20 paise from its previous close

Quite big, but still quite far away

Quite big, but still quite far away

Relentless foreign fund outflows and a decline in blue-chip Reliance Industries after a 4% rally in the previous trade added to the overall bearish trend in equities during the initial trading session

The 8th CPC is consulting employees, pensioners and other stakeholders before submitting recommendations on pay, allowances, benefits and pensions. Its report is due by May 2027. A year since constitution, here are the key updates… 

China’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas trust income. With an October 22 declaration deadline approaching, uncertainty over enforcement and liabilities is prompting asset sales, borrowing and delayed investments as Beijing tightens scrutiny of offshore wealth.

Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while RIL, Asian Paints and L&T were the top drags.

Investors will track earnings from real estate, banking, consumer, telecom and technology companies, with DLF, PNB, Bajaj Housing Finance, Federal Bank, LTM, Oberoi Realty and Tejas Networks among the key names reporting September-quarter results.

Persistent Systems, Ujjivan Small Finance Bank, Siemens Energy India, and Nestle India recorded futures open interest increases exceeding 11% on October 15, indicating heightened derivatives market activity.

South Korea’s KOSPI rebounded 2.36% on bargain hunting after a steep selloff, but remained on track for its biggest weekly decline since October 2008. Concerns over AI investment sustainability and continued foreign selling weighed on investor sentiment.

Japan’s Nikkei rebounded 1.75% after six consecutive sessions of losses, supported by bargain hunting and gains in technology and banking stocks. However, the index remained on track for a weekly decline as investors awaited corporate earnings and US midterm elections.

Wipro reported a 9.1% year-on-year rise in Q2FY27 revenue to Rs 24,752.7 crore, while net profit fell 1.9% to Rs 3,201 crore. The IT major expects Q3 revenue growth of -1.5% to 0.5% sequentially in constant currency terms. Nomura retained its Buy rating with a Rs 200 target, citing a slight revenue beat and confidence in delayed large deals closing.

Sahajanand Medical Technologies IPO is expected to list at Rs 387 against the upper price band of Rs 344. The issue is worth Rs 475.48 crore and will remain open for subscription until Oct. 19.

Meta described its Muse Spark Open as the “most capable US open-weight model to date”

China’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its strongest level since January 2023, despite domestic economic concerns and rising global bond yields. Investors await China’s third-quarter GDP data and signals on US monetary policy direction.

The quake hit at 3:35 p.m. local time (about 9:05 a.m. IST) at a depth of around 140 km.

HD Fire Protect IPO allotment status is expected today following a massive 131.70 times subscription. The Rs 712.31-crore public issue commands a 30% grey market premium. Investors can check allotment status online via the registrar MUFG Intime India, BSE, and NSE websites ahead of its scheduled October 21 listing.

Under the revised framework, the closing auction session will run from 3:30 p.m. to 3:40 p.m., with most changes taking effect from December 7, 2026.

Tech Mahindra shares jumped 5 per cent and emerged as the top Sensex gainer after the Q2 results. SBI Securities said that it expects Tech Mahindra stock to outperform the broader IT sector and peers.

Tech Mahindra shares jumped 5 per cent and emerged as the top Sensex gainer after the Q2 results. SBI Securities said that it expects Tech Mahindra stock to outperform the broader IT sector and peers.

Meta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platforms is moving forward with an initial public offering planned to raise around ₹30,213 crore, achieving a valuation of ₹10.3 lakh crore. Neither Meta nor Google plans to divest shares in this round as existing backers maintain their stakes.

SEBI’s PRIM route lowers the minimum investment for portfolio management services to ₹25 lakh from ₹50 lakh under the conventional PMS route. But renewals are treated as fresh investments, raising questions about investors whose portfolios fall below the threshold. 

Zetwerk Manufacturing Business’ IPO entered its second day of bidding on October 16 after garnering 23% subscription on Day 1. The retail category was subscribed 22%. The IPO’s grey market premium stood at 9%, suggesting potential listing gains, though GMP is unofficial and does not guarantee listing performance.

Sitharaman cited phytosanitary rules, restrictions intended to protect against plant pests and diseases among the barriers facing Indian exporters.

The study identified saline groundwater in Fort, Shivaji Park in Dadar, Mulund East and Mahim.

The share price pared some gains to trade 1.7% higher at Rs 177.2 as of 9:22 a.m.

Tonbo Imaging India’s Rs 852.18 crore IPO received four times subscription on Day 1, supported by strong institutional demand and a 71% grey market premium. The defence technology company’s offer-for-sale coincides with declining FY26 revenue and profits, despite its specialised imaging systems and international defence presence.

Wipro, Tech Mahindra, Indian Bank and Persistent Systems are among the stocks for which HDFC Securities has raised its target prices following the September-quarter earnings season.

Tech Mahindra shares rose after Q2FY27 net profit increased 32.7% year-on-year to Rs 1,586 crore. Nomura retained its Neutral rating, seeing limited upside despite expectations of above-peer growth in FY27, driven by large telecom deals and expansion across other verticals.

Gold and silver prices today, 16 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

SEBI has revised the Closing Auction Session framework, changing market timings, order transfer rules and settlement price calculations for derivatives. The updated rules will take effect from December 7, 2026, with provisions for transferring unexecuted limit and iceberg orders kicking in on February 8, 2027.

Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while RIL, Asian Paints and L&T were the top drags.

Tech Mahindra reported its 12th consecutive quarter of margin expansion, prompting Jefferies to upgrade the stock to Hold and Kotak Securities to raise its target price.

The share price pared some gains to trade 1.7% higher at Rs 177.2 as of 9:22 a.m.

There is no change in the duty of either of the retail fuels meant for domestic consumption

Bandhan AMC’s Suyash Choudhary explains how rising rates affect savers, why investors should keep debt portfolio duration short, and how to balance yield, credit quality and currency risk.

Fusion CX’s Rs 702 crore IPO entered its final bidding day, with 1.10 times subscription on Day 2 and an 8% grey market premium. Brokerages highlight growth potential, improving profitability, AI-driven demand and reasonable valuations, while proceeds will primarily reduce debt and fund technology upgrades.

Fusion CX’s Rs 702 crore IPO entered its final bidding day, with 1.10 times subscription on Day 2 and an 8% grey market premium. Brokerages highlight growth potential, improving profitability, AI-driven demand and reasonable valuations, while proceeds will primarily reduce debt and fund technology upgrades.

Sahajanand Medical Technologies IPO entered Day 2 on October 16, 2026, with a 12% GMP and 34% subscription on Day 1. The Rs 475.48-crore offer for sale is priced at Rs 327-344 per share. PAT surged 175% to Rs 69 crore in FY26 amid steady revenue growth.

Target price hikes reflect growing confidence in the turnaround, but not all analysts are convinced.

Bonfiglioli Transmissions IPO entered Day 2 with a 24% GMP and 48% overall subscription on Day 1. The Rs 2,533.66-crore offer for sale is priced at Rs 558-586 per share. Anand Rathi assigned a "Subscribe for Long Term" rating, citing growth in automation despite fully valued pricing metrics.

Persistent Systems reported a 27.1% sequential decline in net profit to Rs 352 crore in the September quarter, even as revenue rose 8.4% to Rs 4,664 crore. Brokerages remain divided on its growth outlook and valuation

Polycab India’s September quarter earnings beat expectations, prompting Jefferies, Citi, and JPMorgan to retain positive ratings. Citi raised its target price to Rs 11,600, while Jefferies and JPMorgan lowered theirs.

Jefferies and Kotak Securities remain bullish on HDFC AMC even after Net profit and total income for the September quarter declined as brokerages sees growth in core earnings

Citi and Jefferies raised their target prices on Wipro despite retaining Sell and Underperform ratings, respectively, as weak deal wins and an uncertain growth outlook outweighed sequential revenue growth and stable guidance.

HPCL, HDFC AMC and Nuvoco Vistas featured in StockEdge’s White Marubozu scan on October 15, reflecting strong upward price momentum.

Tata Communications, RITES and Cemindia Projects featured in StockEdge’s RSI Trending Up scan on October 15 after gaining over 6%.

The Securities and Exchange Board of India has implemented an updated framework for closing auction sessions and derivatives settlement. Under the new guidelines, volume-weighted average prices will be used during the last half-hour of normal trading. Trading for stocks will now last until 3:30 pm, while closing auction sessions will continue until 3:40 pm.

The Securities and Exchange Board of India has implemented an updated framework for closing auction sessions and derivatives settlement. Under the new guidelines, volume-weighted average prices will be used during the last half-hour of normal trading. Trading for stocks will now last until 3:30 pm, while closing auction sessions will continue until 3:40 pm.

The US and Israel have defended their military campaign against Iran as necessary to stop Tehran from acquiring nuclear weapons.

SEBI has changed the methodology for calculating the settlement price of index derivatives on expiry days to the volume-weighted average price (VWAP), as proposed in its September 2026 consultation paper. The change will take effect from December 7, 2026.

Nandish Shah of HDFC Securities expects the 22,776-22,800 resistance band to now act as immediate support, and sees near resistance in the 23,100-23,150 range.

Nandish Shah of HDFC Securities expects the 22,776-22,800 resistance band to now act as immediate support, and sees near resistance in the 23,100-23,150 range.

The suspect was a 16-year-old Bend resident, Police Chief Krantz told reporters,

SEBI is exploring the inclusion of insurance policy details in the Consolidated Account Statement (CAS), which already covers investments such as mutual funds, equities, debt securities and NPS. 

Urban Company, Federal Bank, Punjab National Bank, LTM, Bajaj Housing Finance, Crompton Greaves Consumer Electricals, DLF, Jindal Saw, Oberoi Realty, Shoppers Stop, will report Q2FY27 results today.

The export duty ‌on petrol was ‌raised ⁠to ₹2.5 ($0.0263) ⁠per litre from ₹0.5 per litre, while the ​duty on diesel ‌exports was cut to ₹8.5 per litre from ₹16 per litre, ‌effective October 16, the ​order said.

Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55%, to $97.43. WTI settled up more than 3% on Thursday after a large US crude stock draw helped support prices, while Brent crude was little changed.

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.11 per cent and 0.01 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated a positive open for the Nifty50. Asian markets rebounded in early deals

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.19 per cent and 0.14 per cent, respectively

The International Energy Agency agreed to release over 20 million barrels of diesel to the market and any oil remaining from a record release of emergency reserves pledged in March to boost supply

Nestle has delivered superior growth over the last four quarters following GST 2.0, and it expects growth momentum to moderate on account of a high base, rising food inflation, and limited room for Ebitda margin expansion, which is already at 24%, highlights the brokerage.

Wipro has reported a decline in revenue for the second quarter in a row, contrasting with larger rivals that experienced growth. The total value of new contracts has dropped significantly, indicating delays in project closures. Despite this, management is optimistic about future improvements in deal momentum and operating margins. Slight enhancements were noted in operating margins, attributed to increased efficiency and favorable currency fluctuations.

Wipro has reported a decline in revenue for the second quarter in a row, contrasting with larger rivals that experienced growth. The total value of new contracts has dropped significantly, indicating delays in project closures. Despite this, management is optimistic about future improvements in deal momentum and operating margins. Slight enhancements were noted in operating margins, attributed to increased efficiency and favorable currency fluctuations.

A ₹5,000 monthly SIP in a small-cap mutual fund could grow significantly over 20 years. Compare illustrative SIP returns of 12% to 18% with bank deposit returns of 6% to 8% and understand the risks of long-term investing. Seek professional guidance before making any investments. 

In a move aimed at protecting investors, Kotak Mahindra Asset Management Company has put a temporary hold on subscriptions for two of its mutual fund schemes. This decision follows the zero valuation of Yes Bank AT1 bonds after a significant bank reconstruction in March 2020. Similarly, Tata Mutual Fund has restricted new investments in the Tata Gold ETF Fund of Fund, although existing investments and redemptions will continue uninterrupted.

Panama and Guatemala are among the newly covered places, though Google did not list every region in its announcement.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Macquarie and Goldman Sachs cut their target prices and earnings estimates for Nestle India, warning that inflation could weigh on demand and margins as growth moderates. Morgan Stanley retained Equal-weight after a quarterly earnings beat.

Stock Market Live Updates: Brent crude traded above $105 per barrel on Friday and was on track for a weekly gain amid mounting supply concerns in the Middle East.

Meanwhile, the US military is once again drawing up plans to strike Iran, despite President Donald Trump having stated they will hold back till after midterm elections.

The recommended trading strategies outline entry points, upside targets, and stop-loss levels to help investors maximise gains while limiting downside risk.

Pallia also cited two acquisition examples to explain that approach. The acquisition of Harman DTS added capabilities in design-to-manufacturing and connected services, while Mindsprint brought expertise in food and agriculture, supply chains and farm-to-fork processes.

From a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of Enrich Money. A sustained breakout above this range could reinforce bullish momentum and open the door for a move towards 23,300–23,400, he said.

Windfall taxes on fuel exports were first imposed in July 2022 by the government, but they were withdrawn two years later.

The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. both edging higher. Earlier, the S&P 500 erased losses and edged up to close 0.3% higher on Thursday.

Gold and silver extended their recovery for a second session as a weaker US dollar supported precious metals. Comex gold traded at $4,175.7 per ounce, while silver rose to $57.29 per ounce in early trade on Oct. 16.

Asian markets advanced, led by Japan and South Korea, as Wall Street rebounded from a three-day losing streak.

Value of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percentage point. Value of new business grew 12% to ₹2,040 crore.

In a sign of rotation to other sectors, an equal-weighted version of the S&P 500 - which strips out market-value biases - climbed 1.4%.

Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at around Rs 99,846 crore at the IPO price. Google, which invested around Rs 33,737 crore for a 7.73% stake, has seen the value of its holding rise to around Rs 77,307 crore.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Mr. Mistry, a close confidant of Ratan Tata, stepped down as a trustee from three trusts last October after other trustees voted against his reappointment

The rally came even as concerns over sticky US inflation and the prospect of further monetary tightening weighed on global markets, triggering a sell-off in technology stocks across Asia, particularly in South Korea and Taiwan.

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