Equity, derivatives and other trading segments remain shut on October 2, while the October 3–4 weekend extends the market break to three consecutive days. Dussehra is the next scheduled trading holiday on October 20.
RBI’s March directive requiring banks to reduce onshore rupee net open positions triggered a sharp adjustment in foreign exchange trading books, while volatile currency markets.
Business Standard poll indicates that eight of 10 respondents expect a rate hike at the October 5–7 MPC meeting, while resilient economic activity could prompt an upward revision to the FY27 growth forecast.
The private fuel retailer says it is maintaining supplies across more than 7,000 outlets, following the Petroleum Secretary’s warning against limiting petrol and diesel sales amid elevated international crude oil prices.
Power deficit rises to 544 million units from 98 million units in August, even as the overall shortage remains limited to 0.6% of demand; rising consumption and critically low coal inventories put supply preparedness in focus.
Inspections at TCF Chocolates and Gifts and Shivam Agro reportedly uncovered pest infestations, sanitation lapses, improper storage and labelling deficiencies.
Shares of the pharmaceutical company climb to a new peak as its proposed entry into finished-dose drug development and US regulatory filings draws attention amid a broader market sell-off.
Rising crude oil prices, persistent foreign investor outflows, concerns over interest rates, limited liquidity and cautious positioning ahead of a long weekend combined to pressure Indian equities.
Persistent foreign investor selling, elevated crude oil prices and rising US bond yields weighed on Indian equities, while domestic institutions continued buying. PB Fintech and Maruti Suzuki faced additional company-specific concerns.