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Indian markets surprisingly jumped after the S&P 500 finished higher. Big banks like Morgan Stanley and Bank of America saw a boost from solid earnings, and chip stocks climbed thanks to increased AI spending. Even with ongoing trade issues with China, investors are focusing on how well companies are doing financially.

Oil prices experienced a notable rise following remarks from President Trump, who announced Indian Prime Minister Modi s commitment to ceasing oil imports from Russia. This pivotal decision is poised to shake up global oil dynamics. Market watchers are now on alert for upcoming US inventory data to guide their next steps, especially after a recent slew of mixed inventory outcomes.

Gold has reached an all-time high. Investors are seeking safety due to global tensions and economic worries. Expectations of U.S. interest rate cuts and a weaker dollar are boosting gold prices. Geopolitical risks and central bank actions are also contributing to the surge. Silver prices are also climbing. Investors are closely watching upcoming economic data releases.

Investors looking to benefit from stock splits and consolidations must purchase shares of AB Infrabuild, Rolex Rings, Narmada Macplast, Sunrakshakk Industries, and Synthiko Foils by October 16, 2025. The ex-date for these corporate actions is October 17, 2025, with companies adjusting their share face values through splits or consolidation.

Investors seeking interim dividends from HCL Technologies and Anand Rathi Wealth must act fast. Today, October 16, 2025, is the final opportunity to buy shares for payouts. HCL Technologies offers Rs 12 per share (600% interim dividend), while Anand Rathi Wealth provides Rs 6 per share (120% interim dividend). Don t miss out on these shareholder rewards.

The US dollar dipped on Thursday amidst the backdrop of a simmering trade conflict with China. The mood among investors turned cautious, particularly with whispers about the Federal Reserve potentially lowering interest rates in the near future. As a result, both the euro and yen climbed against the dollar.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

HDB Financial Services reported a modest 2% profit rise for Q2FY26, driven by strong net interest income growth. However, asset quality saw a slight dip with rising NPAs and increased credit costs. Morgan Stanley maintained an Equalweight rating, revising its target price, citing mixed performance and valuation concerns.

A 5-year swing high marks the highest price a stock has reached within a five-year period.