Wall Street's main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for fresh clues on the economy.

IIT(ISM) Dhanbad, in collaboration with the University of Cambridge and TEXMiN, has established a Critical Minerals Supply Chain Satellite Observatory. This initiative, part of the UK-India Critical Minerals Supply Chain Observatory, will utilize advanced technologies to enhance India's capabilities in mineral traceability, sustainability, and resource mapping, fostering a globally resilient ecosystem.

NSE CEO Ashish Chauhan lost 16 months salary in the Harshad Mehta scam, learning crucial lessons on financial discipline, leverage risks, and cautious investing, urging individuals to prioritize safety before stock market exposure.

In a significant step towards enhancing ease of doing business and compliance, markets regulator Sebi on Friday rationalised the penalty framework for stock brokers.

Tata Consultancy Services is making a significant shift towards artificial intelligence. The company plans to invest billions in data centers and AI capabilities. This move aims to position TCS as a global leader in AI-driven technology services. The company is also expanding its AI workforce and reskilling employees for future digital roles.

Samir Arora highlights that foreign institutional investors rarely profit from Indian IPOs due to allocation limits, currency conversion losses, funding costs, and volatile rupee, despite massive oversubscriptions.

Ace investor Mukul Agrawal boosted his Monolithisch India holding from 2.30% to 2.76%, following a near 200% post-IPO rally, while exiting Raghav Productivity Enhancers amid portfolio realignment.

Afghan Foreign Minister Amir Khan Muttaqi announced that Kabul will send diplomats to India to improve bilateral relations. He assured New Delhi that Afghan soil will not be used for activities detrimental to India's interests. This comes after extensive talks with External Affairs Minister S Jaishankar.

Shares of Vijay Kedia-backed TAC Infosec rose on news of a one-for-one bonus issue, backed by strong financial performance, including a 157% revenue rise and doubled profits. The company plans $100 million capex by 2030 to enhance AI-led cybersecurity, expand globally, and pursue a Nasdaq listing for its US arm.

India's foreign exchange reserves saw a slight dip. As of October 3, the reserves were $699.96 billion. This follows a figure of $700.24 billion reported the previous week. The Reserve Bank of India actively monitors the foreign exchange market. Interventions are undertaken to ensure stable trading conditions. These actions aim to manage fluctuations in the rupee's exchange rate.

China has intensified its control over rare earth exports, affecting industries worldwide. India faces supply challenges, particularly for electric vehicles and electronics. New Delhi is actively pursuing global partnerships and domestic solutions. Efforts are underway to develop alternative technologies and reduce reliance on Chinese supplies. But China's leverage is just too much.

India's largest bank is set to return to the rupee debt market after a year with plans to raise funds through Basel III-compliant tier II bonds this month, three sources familiar with the matter said on Friday.

Reliance Power, Yes Bank, and Tata Communications led market action on Friday, while Hindustan Copper and Eimco Elecon declined. Benchmark indices rose for a second day, driven by strong buying in pharma and auto stocks.

Indias household gold wealth has surged to $3.8 trillion after a 62% rally in 2025, making gold holdings nearly 89% of GDP. Despite steady consumption, soaring prices and rupee depreciation have amplified the wealth effect across households.

Tata Consultancy Services is aggressively integrating AI across its operations, aiming to become the world's largest AI-led tech services provider. The company is investing in platforms, training over 1.6 lakh employees, and expanding into data centres and sovereign cloud. Nearly every client project now features an AI component, driving efficiency and value.

Indian benchmark indices Sensex and Nifty advanced Friday, lifted by gains in financial heavyweights on renewed foreign portfolio investor (FPI) inflows over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat mood, though Tata Consultancy Services (TCS) capped broader gains after posting weaker-than-expected September-quarter results.

Shares of Eimco Elecon, backed by Vijay Kedia, fell 15% in two sessions after reporting sharp declines in quarterly profit and revenue. Despite a recent stake purchase by Kedia, the smallcap stock remains volatile, trading below key moving averages amid broader market corrections. The marquee investor Vijay Kedia picked up a stake worth Rs 11 crore in Eimco Elecon on Tuesday via a bulk deal

Integris Medtech, a diversified medical technology platform, has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO), with people familiar with the matter pegging the issue size between Rs 3,500 crore and Rs 4,000 crore.

An AI-generated Sholay-themed video on Sebis investor toolsSCORES, MITRA, and ODRhas gone viral after Kotak AMCs Nilesh Shah shared it. The creative entry from Sebis Arth Yatra Contest 2025 uses Bollywood humour to promote financial literacy.

Avenue Supermarts (DMart) is expected to report a 711% YoY rise in Q2FY26 profit, though sequentially lower due to rising costs and competition. Revenue may grow 1516% YoY, supported by new store additions.

Realty firm Kolte-Patil Developers Ltd has acquired 7.5 acre of land in Pune to build a housing project worth about Rs 1,400 crore.

Indian markets are on a strong upward trajectory. The Nifty50 has surpassed a significant resistance level, indicating a positive market outlook. Experts suggest a uy on dips approach for investors. All-time highs for Nifty and Bank Nifty are anticipated within the current calendar year or by the end of FY25.

Chris Wood cautioned that the US stock markets AI-driven rally may be nearing its peak, comparing current exuberance to the Nasdaq boom of 2000. With margin debt up 33% year-on-year and valuations at record highs, GREED & fear has decided to remove Nvidia from its global equity portfolio after a 595% gain, replacing it with Greeces Gek Terna.

Canara HSBC Life Insurance raised Rs 750 crore from 33 anchor investors in its IPO, with mutual funds like ICICI Prudential and HDFC among the top participants. Shares were allotted at Rs 106 each, including a share premium of Rs 96 per share on a face value of Rs 10 per share.

In FY26 so far, several microcap and small-cap stocks have delivered exceptional gains, with Banco Products, Gabriel India, and Lumax Auto Technologies leading the rally. A total of ten stocks have surged between 92% and 133%, highlighting strong momentum and robust performance in select sectors despite broader market conditions.

WeWork Indias market debut was muted, slipping over 5% after listing flat despite full IPO subscription. Investor sentiment was cautious amid legal and governance concerns. While the company has shown a financial turnaround with rising revenue and profitability, analysts view its premium valuation and regulatory overhang as near-term challenges.

Indian equity markets are trading range-bound due to a balance of supportive monetary and fiscal policies against slowing global growth and foreign outflows. Analysts suggest a cautious outlook for the IT sector, favoring multi-asset portfolios with exposure to gold, silver, and commodities.

Automobiles gained 0.9%, with Milan-listed shares of Stellantis up 1.5% after the automaker said its global vehicle shipments rose 13% year-on-year in the third quarter.

Vascon Engineers secured a significant Rs 161 crore project for the redevelopment of the Saudamini Building in Mahalaxmi, Mumbai. This project is slated for completion within 36 months. The company is strengthening its redevelopment strategy in Mumbai, with a substantial pipeline of projects expected to contribute significantly to its real estate portfolio by FY27.

The Nikkei surged 5% so far this week, after Sanae Takaichi was placed on course to become the next prime minister, boosting expectations of renewed fiscal stimulus and loose monetary policy.

Tata Communications shares soared nearly 15% on heavy trading volumes, driven by optimism surrounding its potential role in the burgeoning AI and data center ecosystem. The company is expected to benefit from TCS's ambitious data center plans, boosting its connectivity and cloud solutions business. Technical indicators also signal strong bullish momentum for the stock.

The auto sector is leading the market in FY26 with over 24% gains, powered by festive demand, rural recovery, and new SUV launches. Analysts see continued momentum with picks like Maruti Suzuki, M&M, TVS Motors, Ashok Leyland, and Hyundai poised to accelerate further.

Parag Thakkar of Fort Capital remains bullish on TCS, citing positive results and strategic AI/data centre investments as long-term positives. He also expresses optimism for the metals and banking sectors, highlighting strong fundamentals and attractive valuations for companies like Hindalco, Tata Steel, HDFC, ICICI, and SBI.

Niti Aayog has proposed a modern tax framework emphasizing voluntary compliance, transparency, and fairness to align with India's Viksit Bharat@2047 vision. The working paper advocates for a paradigm shift towards a predictable, citizen-centric system, reducing compliance burdens and aligning criminal provisions with foundational principles of necessity and proportionality.

Road transport and railway ministries have achieved record capital expenditure utilization in the first half of the financial year, spending over 3.1 lakh crore. This combined spending represents more than half of the government's total capex outlay for the year, with the road transport ministry reporting its highest ever utilization.

Tata Consultancy Services is investing seven billion dollars in data centres and AI infrastructure. This marks a significant strategic move for India's largest software exporter. The company also saw a three percent fall in employee numbers. Experts believe this investment is a positive step for future growth. Other Indian IT firms may follow this capital allocation strategy.

LG Electronics Indias mega IPO has drawn record-breaking interest, with bids far exceeding expectations. Notably, microcap Winro Commercial placed unusually large bids through leveraging. High subscription rates from institutional and retail investors underline strong demand, while brokerages remain optimistic about LGs market dominance and growth potential despite premium valuations.

Indias markets continue to reflect a balance between global confidence and domestic conviction, Sebi chief Tuhin Kanta Pandey said. While FPIs may move with the tides of global liquidity, Indias structural story -- built on steady growth, evolving regulation, and deepening investor participation -- remains intact, he added.

YES Bank shares have surged to a 52-week high. This rally is fueled by Japanese financial major Sumitomo Mitsui Banking Corporation's stake acquisition. Investors are also anticipating the bank's upcoming Q2 FY26 results. The stock has shown strong performance recently, with significant gains in the past month and year-to-date. Technical indicators suggest a bullish momentum.

Bitcoin traded sideways at $121,410, consolidating between $120K$126K after a strong rally, while Ethereum fell over 2% to $4,357. Major altcoins like BNB, XRP, Solana, and Dogecoin dropped up to 4%, dragging the overall crypto market cap down 1.05% to $4.13 trillion.

TCS launches a $6B AI data centre initiative, marking a strategic pivot to co-location AI infrastructure. Analysts split on returns; the move tests financial discipline while targeting future growth opportunities.

Canara HSBC Life Insurance IPO opened with modest early subscription, attracting strong interest from retail investors and anchor investors contributing over Rs 750 crore. The 100% offer-for-sale IPO, priced at Rs 100106, reflects investor optimism and positions the insurer for growth in Indias bancassurance market.

Tata Motors shares snapped a five-day losing streak to rise on Friday ahead of the demerger record date, as the company prepares to split its passenger and commercial vehicle businesses. Analysts see potential for value unlocking, though caution on short-term volatility remains, with Jaguar Land Rovers production restart adding to market sentiment.

TechEra Engineering India shares: The company, specializing in precision tooling, automation systems, and components for aerospace and defense, provides critical assembly tools, jigs, fixtures, MRO tooling, and ground support equipment for aircraft manufacturing and maintenance.

Reliance Power shares saw a significant jump on Friday, October 10, driven by renewed buying interest and high trading volumes. This surge occurred despite the company receiving Show Cause Notices from SEBI concerning CLE Private Limited. Earlier, Reliance Power reported a profit in Q1 FY26, a positive shift from a loss last year.

Ahead of anticipated U.S.-China talks, Beijing is strengthening its high-tech manufacturing supply chains with new export controls on critical minerals and artificial materials. These measures, set to take effect just before the current tariff truce expires, coincide with ongoing discussions on issues predating the Madrid summit, including semiconductors and Taiwan.

Midwest Limiteds Rs 451 crore IPO, priced at Rs 1,0141,065 per share, opens October 15. With 50% allocated to QIBs, the issue includes a fresh issue of Rs 250 crore and an offer for sale of Rs 201 crore, marking Indias largest quartz and granite producers market debut.

SEC allows IPOs during government shutdown by permitting automatic effectiveness of registration statements. Companies can set pricing 20 days prior, easing market restrictions and supporting Wall Street listings despite political gridlock.

San Francisco Feds Mary Daly cited softening labour market and easing inflation for last months rate cut, signalling potential further cuts, while noting AI adoption may boost productivity amid economic slowdown.

Rubicon Research IPO, valued at Rs 1,377 crore, opened October 9 and saw 51% subscription on Day 1. Trading at a GMP of Rs 85, the pharma firms IPO draws strong retail interest, robust brokerage ratings, and optimism for a successful listing.