Sebi to soon issue framework on CAS; receives over 3,500 commentsbusiness-standard.com
The Securities and Exchange Board of India will soon release a framework on proposed changes to the Closing Auction Session mechanism after reviewing more than 3,500 public comments. Sebi chairman Tuhin Kanta Pandey stated that the regulator will quickly analyze the responses regarding market timings, settlement methodologies for derivative contracts, and equity cash segment closing prices. Pandey also noted that the regulator is working alongside the Reserve Bank of India to ease foreign portfolio investor access and aims to expand exchange-traded corporate bond derivatives.
Nvidia on fire again after massive $1 trn wipe out recently - what’s boosting stock of world’s most valuable companylivemint.com
Nvidia shares surged during Friday trading on the NASDAQ, touching an intraday record high of $237.88 before closing up 1.3% at $233.95. The recovery follows a two-month sell-off that erased over $1 trillion from the company's market value, driven by renewed investor optimism around artificial intelligence agents creating fresh demand for semiconductors. The stock has climbed roughly 23% from its July lows, pushing its market capitalization to approximately $5.6 trillion. Additional momentum came from the company's recent approval of a historic $150 billion share buyback program.
D-Mart Q2 revenue rises 18% to Rs 19,206 cr; store count at 518economictimes.indiatimes.com
Avenue Supermarts reported an 18.4% increase in standalone revenue from operations, reaching Rs 19,206.18 crore for the second quarter ended September 30, 2026, compared to Rs 16,218.79 crore in the same period last year. The retail chain operator saw its quarterly revenue grow 4.7% from the Rs 18,343.49 crore recorded in the June quarter. The total store count for the Damani-family-promoted company reached 518 locations as of September 30, including one facility temporarily closed for reconstruction.
India can sustain around 7% growth despite global concerns: Nilesh Shaheconomictimes.indiatimes.com
India is projected to sustain approximately 7% economic growth this year despite headwinds from rising oil prices and deficient rainfall, according to Nilesh Shah, member of the Prime Minister's Economic Advisory Council. Speaking at the Kautilya Economic Conclave, Shah noted that second-quarter economic momentum remains solid while warning that West Asia tensions and surging oil costs could impact inflation, interest rates, and corporate profitability. He also defended the necessity of maintaining payment systems by suggesting that users may eventually need to pay merchant discount rates for UPI services to ensure high-quality infrastructure.
TCS, Infosys, Wipro shares ahead of Q2 results: Explained | What Accenture's strong earnings mean for Indian IT stockslivemint.com
Accenture's strong fourth-quarter financial results and solid bookings have boosted global technology investor sentiment and lifted US-listed shares of Indian IT firms like Infosys and Wipro. Accenture reported 7% year-on-year revenue growth in constant currency and highlighted accelerating enterprise adoption of advanced artificial intelligence projects. Despite the positive read-through, the Indian IT sector faces a cautious outlook due to September's 11% drop in the Nifty IT index, ongoing pricing pressure, and subdued discretionary spending.
Traders now see little chance of a Fed rate hike in October after weak jobs reportcnbc.com
Traders scaled back expectations of an interest rate hike by the Federal Reserve at its October meeting following a weaker-than-expected September employment report. The U.S. economy added only 29,000 jobs during the month, falling short of consensus estimates for a gain above 80,000. CME's FedWatch tool showed just a 17 percent chance of an October rate increase, down from 36 percent the previous week. The soft labor data follows a cooler personal consumption expenditures price report released on Wednesday, though markets continue to price in a rate hike for December.