News Overview

Nifty Bank was also up by 1%, with Axis Bank, SBI, PNB, and ICICI Bank leading the way with gains of 2-3% each.

The collaboration will focus on various areas, including supply and leasing of rolling stock, project consultancy, and management for railway infrastructure projects.

The dollar index, which measures the greenback against a basket of currencies, rose 0.11% to 102.6, close to Friday's seven-week high of 102.69.

Brent crude futures increased 11 cents, or 0.14%, to $77.29 per barrel. US West Texas Intermediate futures increased 3 cents to $73.60 per barrel.

CME FedWatch indicates that traders now expect a roughly 87% chance of a 25-basis-point rate cut in November.

The NSE updates the F&O ban list daily, reflecting changes in stocks that exceed the MWPL threshold.

This IPO is solely an offer-for-sale of 14.2 crore equity shares by the promoter, Hyundai Motor Company, with no new issue component.

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

On October 8, foreign institutional investors sold equities worth ₹5,729 crore, while domestic institutional investors purchased equities totaling ₹7,008 crore.

All sectoral indices, except metals, saw positive movement, with auto, banking, healthcare, realty, capital goods, power, telecom, and media sectors gaining 1-2%.