Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data

Did Mutual Funds Stop Gold Investments? What Investors Need to Know

PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target prices

Punjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore. Stronger net interest income and improving asset quality prompted bullish brokerage calls, with Jefferies, Motilal Oswal and JM Financial setting target prices of Rs 140 apiece.

Assam CM calls nationwide UCC; visits BJP leader's residence to pay obeisance

Assam Chief Minister Himanta Biswa Sarma has called for the nationwide implementation of the Uniform Civil Code. He emphasised that Muslim women are disproportionately affected by the absence of such a code. Sarma’s recent visit to Uttar Pradesh included offering condolences to BJP leader Harish Dwivedi. In response to protests against the government, Sarma stated that power is gained through votes.

Global markets face fresh volatility as earnings season gains pace

A look at key global market drivers this week, from US corporate earnings and China’s economic data to bond yields, Brazil’s election and central bank policy decisions.

PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge

PC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. The jewellery maker recently repaid its dues to 14 consortium banks, achieving debt-free status ahead of schedule.

In meet with Eknath Shinde after firing incident, Tiger Shroff seen with dressing on wounds

US very close to finalising trade deal with India, says Marco Rubio

US Secretary of State Marco Rubio said on Monday that Washington is close to finalising a trade deal with India. He said the US considers various factors, including ongoing trade negotiations, while making decisions on national security waivers related to Russian oil and gas sanctions.

India bonds to decline on elevated oil, hawkish RBI

The benchmark ​6.94% 2036 bond yield may trade between ⁠7.37% and 7.42%

Easy exits hurting Indian stocks: Nirmala Sitharaman explains why equities are underperforming

Finance Minister Nirmala Sitharaman says easy liquidity is allowing investors to exit Indian equities as the Nifty and Sensex struggle to deliver positive returns. Foreign investors have pulled out nearly $63.6 billion since October 2024, erasing nine years of inflows, amid rising US yields, a stronger dollar and AI-driven investment shifts.

Kross shares rally 16% after Q2 profit jumps 143% YoY; stock hits 52-week high

Kross shares surged following strong Q2 FY27 results, with revenue rising 80% and net profit climbing 143% year-on-year. EBITDA more than doubled, while margins improved. Robust commercial vehicle demand, capacity expansion and operational efficiencies supported growth, alongside increased institutional shareholding and the stock reaching a fresh 52-week high.

Stock Market Holiday 2026: Are NSE, BSE closed on October 20 for Dussehra? Check remaining holidays for the year

The NSE and BSE will remain closed on October 20 for Dussehra. With 12 of the 16 scheduled stock market holidays for 2026 already passed, three more holidays remain after the October closure. These include Diwali-Balipratipada on November 10, Guru Nanak Jayanti on November 24 and Christmas on December 25.

Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concerns

China’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and improving retail sales. A weaker dollar and increased corporate currency conversions also supported gains. Investors now await Chinese policymakers’ signals on monetary policy, currency management and further economic stimulus measures.