Auto Sector

SUV sales peaked in September at up to 52% of the 363,733 passenger vehicles sold—a record for a single month—increasing their market share from around 43.6% in September 2022.

The yen increased more than 0.3% to 157.55 against the euro, while the Australian dollar decreased over 0.7% at one stage to reach a session low of 94.84 yen.

Brent crude was up $4.18, or 4.94%, to $88.76 per barrel, while U.S. West Texas Intermediate crude was up $4.23, or 5.11%, to $87.02 per barrel.

Spot gold increased 1% to $1,850.87 per ounce after reaching a record high over the past week. American gold futures increased 1.1% to $1,865.20 for an ounce.

According to the reports, KSSF will support the $450 million (Rs 3,800 crore) acquisition with a $200 million capital round made up of a combination of structured debt and equity.

Chinese Shanghai Composite is trading 0.73% lower.

Here are some of the stocks that may see significant price movement today.

The Mirae Asset Nifty 200 Alpha 30 ETF is a passive fund that will be benchmarked to a smart beta index.

For the week to October 06, 2023, the CME Fedwatch was once again stable. There is now a broad consensus that the Fed will hold rates at elevated levels for longer. In the coming week, the US inflation and minutes of the Fed policy will have a bearing on the CME Fedwatch.

In the light of the hawkish undertones in the RBI policy, the 10-year bond yields spiked during the week to a 7-month high. The rupee continued to stay week on the back of the persistent strength in the dollar index. Falling crude prices was a saving grace for the Indian markets.