Vivriti Asset Management has completed and exited its Vintage II credit funds, returning over Rs 2,260 crore in capital and income. The funds invested across more than 45 companies, delivering gross IRRs of around 12% to 15%.
Gold and silver prices gain on MCX as a weaker US dollar and easing Treasury yields support bullion. Investors assess inflation risks and the Federal Reserve’s rate outlook, while traders track key support and resistance levels.
The Indian stock market has undergone a significant downturn, with nearly Rs 30 lakh crore wiped off its market capitalisation. Contributing factors include surging oil prices and elevated bond yields. Experts predict that any potential rebound hinges on the health of the broader economy. Additionally, Foreign Institutional Investors have been notably offloading their equities, while technical indicators display a cautious outlook as Nifty struggles against ongoing bearish trends.
Hexaware Technologies shares surged after the IT services firm announced a multi-year partnership with Anthropic to integrate its Claude AI models into its platforms. The tie-up will focus on enterprise AI solutions and deployments across IT operations and software engineering.
Bank of England Chief Economist Huw Pill urges central banks to prioritise inflation control amid rising global bond yields. Divisions among UK policymakers over interest rates persist as they assess inflation risks linked to the Iran war.
US jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal Reserve’s interest-rate outlook in focus as investors weigh labour market resilience against inflation risks.
TCS shares surged after the IT major reported a 15% year-on-year rise in Q2 consolidated net profit to Rs 13,884 crore. Revenue in constant currency terms grew 0.5% quarter-on-quarter, while operating margin stood at 24%. The company declared a second interim dividend of Rs 12 per share for FY27.
Three Nifty 500 stocks, including Diamond Power Infrastructure, Sky Gold, and Anand Rathi Wealth, closed above their volume weighted average prices (VWAP) on October 8, according to StockEdge technical data. Closing above VWAP signals strong intraday buying interest as final traded prices exceeded the weighted average execution levels.
Fusion CX has set a price band of Rs 275–289 per share for its Rs 702 crore IPO, which will open on October 14 and close on October 16. The issue comprises a fresh issue worth Rs 500 crore and an offer for sale (OFS) of Rs 202 crore. Allotment is expected on October 19, with shares scheduled to list on the BSE and NSE on October 22, 2026.
US bank stocks face a critical earnings test as investors assess whether rising Treasury yields, higher deposit costs and slower dealmaking could offset profit growth at the six largest lenders.
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