Market News
Real-time financial headlines — curated for 🇮🇳 India. Pick another market below.
Noel Tata, son Neville file caveat against SDTT trustees amid Tata Trusts dispute: Report
The development comes amid a wider dispute over the governance and functioning of Tata Trusts. Moreover, Tata Trusts entities other than SDTT have filed 84 caveats before the Maharashtra Charity Commissioner under Sections 41D, 41E and 67 of the Maharashtra Public Trusts Act.
Ashish Kacholia, Kotak Life lead Fusion CX’s Rs 315-crore anchor book ahead of Rs 702-crore IPO
Fusion CX raised Rs 315 crore from anchor investors ahead of its Rs 702-crore IPO, with Ashish Kacholia and Kotak Mahindra Life Insurance among the participants. The issue opens on October 14 and closes on October 16. Swastika Investmart has assigned a Neutral rating, citing valuations and limited scope for re-rating.
NSEIX, London Stock Exchange sign pact to deepen India-UK market links
NSE IFSC and the London Stock Exchange have signed an MoU to explore dual listings, cross-listings, new financial products and cross-border trading connectivity between GIFT City and London. The proposed collaboration could expand global investor access for Indian issuers, improve market connectivity and strengthen GIFT IFSC’s role as an international financial hub.
PPF account declared irregular after 12 years: What happens to your interest? High Court ruling explained
The Karnataka High Court ruled that postal authorities could not deny PPF interest after allowing an irregular HUF account to operate for 12 years. The decision highlights the authorities' responsibility for irregularities they permitted.
How the SEC’s lack of leadership could facilitate crypto rulemaking
A recent change in the SEC’s rules on quorum could make it easier for the agency to amend its approach to cry
AI stocks under pressure: Why are Micron and SK Hynix plunging while other chipmakers gain?
Micron and SK Hynix shares posted extended losses on October 13 as concerns over Chinese rival CXMT’s memory chip advances and the sustainability of the AI rally weighed on sentiment. Meanwhile, Nvidia and other chipmakers gained, even as global markets faced mounting AI valuation risks.
$845 billion windfall in 2026: AI boom drives unprecedented wealth creation for tech billionaires
Technology billionaires added a record $845 billion to their combined fortunes in the first nine months of 2026, driven by the artificial intelligence boom, according to figures from the Bloomberg Billionaires Index cited by The Kobeissi Letter. Their wealth reached $4.6 trillion, while billionaires in other sectors collectively lost $62 billion.
Sebi proposes review of framework for monitoring utilization of issue proceeds
Sebi has invited public comments on recommendations to review rules governing the monitoring and disclosure of issue proceeds by listed companies. The consultation paper, based on a working group’s report, also covers penalties for non-compliance and related-party transaction provisions. Stakeholders can submit comments and supporting rationale by November 3, 2026.
Adani Airport delays Mumbai international flight shift by at least five months
Mumbai airport had planned to begin rebuilding Terminal 1B in January 2027. Under the original proposal, domestic flights from Terminal 1 would move to Terminal 2, while some international operations would shift to Navi Mumbai airport.
Strive reports $208M in warrant exercises as Bitcoin holdings jump 11%
Strive is now the fifth-largest publicly traded corporate Bitcoin holder, with 32,773 BTC, as it continues to
B.R. Shetty seeks $15 bn from Bank of Baroda, several officials and others over alleged role in NMC fraud
B.R. Shetty has sought $5 billion in direct damages, $5 billion for consequential losses, including lost business opportunities, and another $5 billion for reputational damage.
B.R. Shetty seeks $15 bn from Bank of Baroda over alleged role in NMC fraud in Bombay HC
B.R. Shetty has sought $5 billion in direct damages, $5 billion for consequential losses, including lost business opportunities, and another $5 billion for reputational damage.
Stocks, mutual funds, gold and property: How LTCG tax differs across asset classes
LTCG tax rules differ across stocks, mutual funds, gold and property, with different holding periods, tax rates and exemptions. Here is what investors need to know about the tax treatment of their investments under the current framework.
Stocks jump as Sitharaman says government will hear investors on LTCG tax
Finance minister Nirmala Sitharaman said Indian and foreign investors had raised questions about long-term capital gains tax, the securities transaction tax and whether different asset classes should be taxed on a similar footing, according to media reports.
Hyundai Motor Group commits $15.5 billion to India over seven years
The outlay across Hyundai Motor India and Kia will fund capacity expansion, local supplier networks, and a $700 million R&D boost to help reclaim market share from domestic rivals.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty rallied over 1.5% on Tuesday, adding around Rs 5 lakh crore to the market capitalisation of listed companies. Investors will track global cues, Q2 earnings, active stocks, buying and selling trends, and key technical levels on Wednesday as markets assess the sustainability of the sharp rebound.
Buying property in a relative’s name? Key benami law and tax risks to know
Buying property in a spouse’s, child’s or parent’s name can invite benami law and tax scrutiny if ownership and funding arrangements do not meet legal requirements. Know the statutory exemptions, potential penalties and documents buyers should maintain to establish legitimate ownership
From ₹201 crore invested in 2017 to ₹550 crore realised: WSIB-backed investor exits DASNAC
The exit comes in FY26 after generating aggregate cash proceeds of around ₹550 crore in FY26, as per a report. DASNAC is known for Noida projects like The Jewel of Noida and Burj Noida.
Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off
Bitcoin price action preserved overnight gains as US stocks quickly rebounded after
Cubex Tubings hits 5% upper circuit for 5th day in a row, eyes seventh annual gain. What’s driving the rally?
Cubex Tubings shares rose 5% to a record ₹191.30 on Tuesday, extending a five-session rally that lifted the stock 29%. No new fundamental trigger has been identified; the company recently announced plans to consider raising funds through equity or convertible securities, subject to approvals.
Urban Company considers fundraise as instant-services battle heats up
The Gurugram-based company’s board will meet on 16 October to evaluate equity dilution routes as rivals Snabbit and Pronto step up pressure in on-demand household help.
Market Trading Guide: Balrampur Chini Mills among 4 stock recommendations for Wednesday
Balrampur Chini Mills, Cyient, Aditya Infotech and eClerx Services feature among four stock recommendations for Wednesday, with analysts outlining entry levels, stop losses and upside targets based on technical indicators.
'80% workforce locally hired': Wipro sees no material business impact from US suspension of PERM applications
The company said the announcement concerns a specific pathway to permanent residency in the US and is distinct from broader skilled talent mobility programmes, such as the H-1B visa.
ICICI Life defends credit cover as Irdai weighs steep commission cut
Management highlighted loan-linked protection as a vital safety net for low-income borrowers as the insurer awaits final rules on Irdai’s proposal to cap lender commissions at 2%.
Have a ₹50 lakh home loan? Check how much your EMI could rise after the RBI rate hike
The RBI's 25-basis-point repo rate hike could increase the EMI on a ₹50 lakh home loan by ₹852– ₹867 a month over 30 years, or ₹759 over 20 years under a separate interest-rate assumption. Borrowers with larger loans could face higher monthly increases.
US banks post strong profits, but inflation and rate risks cloud outlook
Major US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue. However, executives warned that persistent inflation, elevated interest rates and geopolitical risks could strain household finances and slow economic growth. JPMorgan Chase missed earnings estimates, while Goldman Sachs, Citigroup and Wells Fargo reported str
₹30 per share dividend stock: Do you own this MF share? Check record date to qualify for cash reward; yield, history
ICICI Prudential Asset Management recommended an interim dividend of ₹30 per share and set October 21 as the record date. The announcement accompanied September-quarter results showing profit after tax up 6.1% to ₹889 crore and operating revenue up 16.3% to ₹1,674 crore.
Jeevan Pramaan: How pensioners aged 80 and above can submit life certificate online
Pensioners aged 80 and above can submit their Jeevan Pramaan Digital Life Certificate from October 1, while others can do so from November 1 to 30. Here’s how to generate a life certificate using Aadhaar-based face authentication, the documents required and alternative submission methods.
Prestige Estates Q2 sales bookings rise 20% to Rs 7,225 cr on better housing demand
During the second quarter, Prestige Estates Projects Ltd celebrated a remarkable 20 per cent increase in sales bookings, generating pre-sales of Rs 72,250 million. The launch of new residential projects toward the quarter's end was met with enthusiastic market reception and promising sales momentum. Ongoing developments also demonstrated robust sales, illustrating the sustained demand for housing.
Tata Sons row: Tata Trusts gets more time to respond to 'interference' claims | What Venu Srinivasan, Vijay Singh allege
The Maharashtra Charity Commissioner has given the Sir Dorabji Tata Trust until October 19 to respond to governance complaints by trustees Venu Srinivasan and Vijay Singh, who allege the trust interfered in Tata Sons’ commercial decisions and sought to restrict Srinivasan’s role in proposed listing.
Puravankara Q2 sales bookings surge 62% to Rs 2,136 crore on housing demand
In the September quarter, Puravankara Ltd reported a remarkable surge in sales bookings, hitting Rs 2,136 crore, a jump from Rs 1,322 crore a year earlier. With the sales area expanding by 22 percent to 1.83 million square feet, the company also successfully delivered 977 homes, which amount to 0.97 million square feet. Puravankara's strategic focus remains on sustaining growth while optimizing pr
Sebi extends IPO-size flexibility on the back of soaring primary market activity
Sebi has extended the IPO relaxation allowing companies to revise fresh issue sizes by up to 50% without filing a new draft red herring prospectus. The flexibility will apply to IPOs opening on or before March 2027, helping issuers and merchant bankers adjust fundraising plans amid changing market conditions and record activity.
Sebi extends easier IPO rules till March 2027, bankers body says
The Securities and Exchange Board of India (SEBI) on Tuesday extended a temporary relaxation that allows companies planning to launch initial public offerings (IPOs) to revise the size of their fresh issues without filing fresh draft documents, providing greater flexibility to issuers navigating volatile market conditions.
PTC Industries among 4 stocks hitting 52-week highs; rally up to 15% in a month
Four BSE 500 stocks, including PTC Industries and Aditya Infotech, hit fresh 52-week highs as the Sensex rallied 1,109 points on Tuesday. The stocks have gained up to 14% over the past month, reflecting continued buying interest across select counters.
Anthropic warns ‘AI worms’ may autonomously spread across devices like a virus
Anthropic warned that rogue “AI worms”
Big IPO buzz! Jio Platforms reportedly attracts over $20 billion in bids ahead of India's biggest issue; GMP hits ₹200
Jio Platforms has reportedly received more than $20 billion in bids for its planned IPO, which could become India’s largest. The company is targeting a valuation of up to $108 billion, with domestic and global investors showing interest. 
US stocks | US market edges lower amid chip weakness, mixed bank earnings
US stocks experienced a decline as chip stocks faced selling pressure and banks reported mixed earnings. The Dow Jones Industrial Average fell slightly, led by losses in healthcare and financial sectors. Notable stocks include Johnson & Johnson, Wells Fargo, and JPMorgan Chase, which experienced significant movements. Bumble surged after announcing a takeover, while Domino's Pizza lowered its
US stocks opens lower after bank earnings; chips weigh
The S&P 500 and the Nasdaq opened lower on Tuesday as chip stocks came under selling pressure again, while investors assessed a mixed set of quarterly results, including reports
US stocks: US market slips as chip stocks weigh after bank earnings
US stocks experienced a decline as chip stocks faced selling pressure and banks reported mixed earnings. The Dow Jones Industrial Average fell slightly, led by losses in healthcare and financial sectors. Notable stocks include Johnson & Johnson, Wells Fargo, and JPMorgan Chase, which experienced significant movements. Bumble surged after announcing a takeover, while Domino's Pizza lowered its
Buying a home? 5 RERA rights every homebuyer should know on builder delays, advance payments and construction defects
RERA gives homebuyers legal protection against excessive advance payments, delayed possession, unauthorised changes to property plans, construction defects and false advertising. Here are five rights buyers should know before purchasing a home.