Market News

HDFC Bank shares: Will stock finally reward its investors after Anup Bagchi as new MD-CEO?

HDFC Bank has appointed Anup Bagchi as MD and CEO after RBI approval. He will succeed Sashidhar Jagdishan on October 27, 2026. Bagchi has vast experience in banking and insurance, previously serving as MD of ICICI Prudential Life Insurance.

Gold slips before US payrolls data, set for second weekly loss

Gold prices are poised for their second consecutive weekly decline, driven by the strengthening US dollar and escalating Treasury yields. Investors are keenly anticipating vital US payroll figures that could sway the Federal Reserve's future policy decisions. Current predictions suggest only a 25% probability of a rate increase this month, which is a shift from previous projections.

Global Markets: Asian shares fall after wild swings in bonds, FX before US jobs data

Asian stock markets dipped as investors navigated through the turbulence of bond and currency fluctuations. Elevated oil prices, driven by military strains in the Gulf region, added to the market's unease. Speculations around high US Treasury yields and fiscal instability in Europe, especially concerning French bonds, also weighed heavily. Furthermore, traders keep a close eye on upcoming US job data that may sway Federal Reserve policy.

Japan government bond yields fall as global markets steady

Japanese government bond yields saw a significant drop on Friday, as the 10-year yield fell to levels not recorded since mid-September. Global bond markets stabilizing and shifts in central bank policies played a key role in this decline. Even though the Bank of Japan raised rates recently, inflation in Tokyo is rising, fueling predictions of additional rate hikes.

Oil rises slightly as market weighs mixed supply signals

Oil prices have seen a minor uptick due to China halting fuel exports and the rising American military involvement in the Middle East. The US plans to deploy more troops and aircraft carriers to the area, raising concerns about possible global fuel shortages. Furthermore, the US has advised European countries to cut down on their emergency diesel reserves, causing mixed signals across the oil market this week.

US dollar climbs to 17-month high as global bond rout hits euro

The US dollar is experiencing a significant surge, reaching a 17-month peak as global bond yields continue to rise. Investor anxiety over inflation and increased government borrowing is steering market trends. As a result, yields on 10-year US Treasuries have soared to their highest point since 2002. Meanwhile, the euro is under pressure due to concerns regarding France's fiscal health and escalating political uncertainties in Europe.

Stock market holiday today: Are NSE, BSE closed for Gandhi Jayanti? Check 2026 holiday list

Indian stock markets will remain closed on October 2 for Gandhi Jayanti, with trading resuming next week. MCX and NCDEX will also remain shut. The market holiday comes after the Sensex and Nifty extended losses on Thursday, weighed down by rising bond yields, elevated crude prices and broad-based selling pressure.

Stock market holiday: BSE, NSE closed today | Gandhi Jayanti, 2nd October 2026; how Sensex, Nifty fared on Thursday

The Indian stock market will be closed on October 2 for Mahatma Gandhi Jayanti, with trading suspended in major segments including equity and derivatives. Upcoming holidays include Dussehra on October 20, followed by Diwali in November.

Oil Prices Near $103: Brent Crude Extends Gains As US-Iran Tensions Escalate

The disruption is not limited to the Middle East. Ukrainian strikes on Russian refineries have forced Moscow to restrict diesel exports, while attacks by Iran and its Houthi allies have added to pressure on refinery and fuel infrastructure in the region.

H1 digest: New capex proposals rise, but momentum plunges in September quarter

Headline project announcements jumped 33% in the first half of fiscal year 2027 but a sharp decline during the September quarter exposes an uneven recovery.

Brokerages weigh new charges, mandates as UPI MDR set to take effect

While the National Payments Corporation of India (NPCI) has said UPI charges should not be passed on to consumers, the framework has left brokerages looking for ways to protect their margins regardless.

Where could PB Fintech share price be in the next five years?

In the last few days, the stock of PB Fintech has crashed after Irdai released a consultation paper proposing changes to insurance distribution economics. Here, we examine the implications and where the stock could be in five years.

Oil Extends Gains as US Weighs Sending Carrier to Middle East

Oil climbed for a third day as the US mulled sending another aircraft carrier group to the Middle East, potentially escalating the war with Iran and threatening to hamper a recovery in energy flows from the region.

Swelling Bets Against Treasuries Are Fueling Repo Borrowing Cost

US funding markets could face disruptions from traders seeking to profit from a continued march higher in Treasury yields.

US stocks: US market rebounds to close higher as surging Treasury yields recede

US stocks recovered from earlier losses, with the S&P 500 bouncing back after a global bond selloff. The Labor Department reported a dip in weekly initial jobless claims, indicating a solid labor market. Oil prices surged, raising inflation concerns as Brent crude settled significantly higher. Technology shares also showed strength, particularly after Accenture's positive revenue forecast.

Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead

Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend on analyzing economic data trends and risks. Minneapolis Fed President Neel Kashkari expressed uncertainty regarding the timing of the next rate hike amidst strong economic performance. Both officials acknowledged the ongoing challenges of managing inflation that exceeds the 2% target.

Soybeans fall on harvest pressure, fund liquidation, demand questions

GLOBAL-GRAINS/ (UPDATE 3):GRAINS-Soybeans fall on harvest pressure, fund liquidation, demand questions

Treasuries Surge as France’s Fiscal Woes Boost Haven Demand

US Treasuries rebounded from a bruising global bond selloff as pressure in European markets fueled demand for haven assets, pulling 10-year yields down from a 24-year high.

Equities turn higher as Treasury yields drop from highs

USA-STOCKS/ (UPDATE 5, GRAPHICS):US STOCKS-Equities turn higher as Treasury yields drop from highs

Saudi Coalition Accuses Houthis Of Attacking Medina Power Station; Yemeni Militia Calls Charge 'Lie'

Saudi-led coalition says Houthis attacked a Medina power station; the Yemeni militia denied the charge as a "lie".

Hong Kong Investors Buying US Treasuries Is a No-Brainer

With its currency pegged to the US dollar, Hong Kong flinches when the Federal Reserve starts raising interest rates.

Indian Bank May Consider Waiving 0.28% MDR On UPI Transactions, Says CEO

Indian Bank MD and CEO further mentioned that the introduction of MDR would be incrementally positive for banks, although it is unlikely to have a substantial impact on their income.

50% of Nifty stocks slip into bear territory, down up to 40% - What should investors do now? Experts view

Over 25 Nifty 50 stocks are trading over 20% below recent highs amid rising crude oil prices and economic challenges. Tech, auto, and financial sectors are heavily affected, with stocks like Infosys and Maruti Suzuki seeing significant declines. 

CJP Founder Dipke Detained Briefly After Being Spotted With Placards At Marine Drive: Police

Dipke and his supporters were kept at the police station's waiting area. After being asked to meet senior officials, Dipke exited the police station minutes later.

S&P praises Indian economy, but points to gathering clouds

India beat forecasts while contending with the same inflationary pressures, geopolitical conflicts and slower growth as others

Iran May Be Linked To Flydubai Incident 'Based On What I'm Hearing', Says Trump

US president says Tehran may be linked to the cockpit attack as UAE and Saudi Arabia investigate possible terrorist motives.

From Airports To Dharavi Redevelopment: Pranav Adani Highlights Rs 6 Lakh Crore Maharashtra Blueprint

In the power sector, Adani highlighted the group's role in supplying electricity to more than 3 million homes across Mumbai through Adani Electricity.

Why are world bond markets selling off again?

As inflation fears and mounting debt pressure rise, government borrowing costs have soared to unprecedented levels. The US Treasury yield, now the highest since 2002, signifies a shift in global market dynamics. These increasing bond yields adversely affect loans for families and businesses, posing challenges for governmental finances. Intervention by central banks could be on the horizon to maintain fiscal order, especially with future artificial intelligence-related bond issues looming.

Drishyam: The Conclusion Advance Booking — Ajay Devgn Film Sees Strong Demand Ahead Of Release

Drishyam: The Conclusion continues Vijay Salgaonkar's story as his old secret comes under fresh pressure. The movie is directed by Abhishek Pathak.

October 2026 Phone Launches: Vivo V80, Motorola Edge 70 Neo, Oppo F35 Pro On The Way

October may be quieter than September for phone launches, but the Vivo V80, Oppo F35 series, OnePlus 16 and Vivo X Fold 6 are among the devices lined up. Here's what to expect.

Shatabdi Hospital Canteen, Dadar's Kohinoor Among 12 To Lose Food Licence In Tukaram Mundhe-Led FDA Crackdown

Maharashtra FDA suspended licences of 12 Mumbai food establishments, citing hygiene and food-safety violations during inspections.

Digger X Reviews: Tom Cruise-Starrer Gets Mixed Response, From 'Pure Genius' To 'Agony To Watch'

Tom Cruise leads Digger, a satirical black comedy that follows a powerful man who sets out to save humanity after a disaster triggered by his own actions threatens the world.

'I Want That Feeling Back': Rohit Sharma's 2027 World Cup Dream And His Big Take On Shubman Gill's Captaincy

Rohit Sharma praised Shubman Gill's leadership and said he wants to experience the feeling of winning a World Cup again as India targets the 2027 ODI edition.

Shriram Properties sees an 8-10% increase in raw material costs; bets on Chennai

The increase is particularly pronounced in construction products linked to oil imports, including lifts, sanitary fittings and tiles

Solar manufacture: India’s success story

FPIs pull out ₹36,000 cr from Indian equities in Sept as high oil, bond yields weigh — should retail investors worry?

Foreign portfolio investors continue to sell off Indian equities, releasing ₹35,860 crore in September alone. With total withdrawals in 2026 at ₹2.69 lakh crore, the Nifty 50 faces a significant drop, sparking concerns about India's economic appeal.

September Auto Sales Updates: Hero MotoCorp Exports Fall 31%; TVS Motors Total Sales Rises 24%

September auto sales data will be released today, highlighting demand trends in passenger vehicles, two-wheelers, commercial vehicles, and tractors during the festive season.

Movies, Web Series Releasing In October 2026: Drishyam 3, Udta Teer, Jailer 2, The One About Matthew Perry And More

Here's everything you need to know about the upcoming releases to plan your October 2026 watchlist.

Global markets rattled as bond yields surge, offsetting AI-stock optimism

Global bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contributing to persistent inflation, while economic reports indicated US resilience despite challenges. The 10-year Treasury yield hovered near a 2002 high, raising concerns for real-estate stocks. Technology stocks demonstrated some strength, aided by Micron Technology’s better-than-expected quarterly profit.

Flipkart Big Billion Days: Poco X8 Pro Max Gets Rs 6,000 Off, Deals Start At Rs 11,999

Poco is taking part in Flipkart's Big Billion Days 2026 with discounts spanning its entire lineup, including a Rs 6,000 cut on the X8 Pro Max 5G, with prices starting as low as Rs 11,999 on budget models.

PepsiCo, Monster Challenge FSSAI Order Barring 'Energy Drink' Label On High-Caffeine Drinks

PepsiCo says 492 million bottles and 26 million cans with disputed energy drink labels were in circulation as FSSAI's order triggers legal challenges and stock concerns.

Top Business & Market Headlines Today — BL Morning Report, October 2, 2026

BL Morning Report October 2, 2026: Get today’s top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.

Mahindra, Embraer Identify Nagpur For C-390 Millennium Assembly Line In India

Mahindra and Embraer identify Nagpur for a potential C-390 assembly facility, subject to IAF selection and government order.

Amazon, Flipkart Audit Security Camera Listings in India Over Govt Compliance: Report

E-commerce platforms review third-party camera listings after a report flagged hundreds of devices lacked mandatory approvals.

Eight Pune Students Drown Off Diveagar Beach In Raigad During Coaching Class Picnic

The students were part of a 48-member picnic group from a private coaching class in Pune district, police said.

Spotlight: Kotak Mahindra Bank’s MD & CEO designate Saha could shift advances mix in favour of retail lending

Retail veteran to lead the private bank from January 2027

Mahindra, Embraer pick Nagpur for C-390 assembly line

The proposed facility will support local manufacturing, assembly, supply chain development and MRO activities under the Make in India initiative.

Banks lose pricing advantage as RBI’s bulk deposit disclosure norm kicks in

The change comes just before the RBI’s MPC meet, with analysts expecting a repo-rate rise that could influence funding strategies and deposit costs across the sector

Eiffel Tower Row: Paris Probe Finds No Explicit BAPS Request To Exclude Women Staff

Paris probe finds no explicit BAPS request to exclude women during Eiffel Tower visit, citing a collective dysfunction.

ICC World Cup 2027 Schedule: India To Face Australia, Pakistan In Group Stage

The 2027 World Cup will feature a new Super 7 phase, with India scheduled to face Australia, Pakistan, Afghanistan and Zimbabwe in the Group Stage.

Trump’s $100,000 H-1B visa fee blocked again by US federal judge

The ruling adds to mounting legal challenges over a fee that sharply increases the cost of hiring highly skilled foreign workers

Maruti, Tata, M&M, Hyundai see sales growth in September, led by sustained customer enthusiasm

Vrooming ahead: Hero MotoCorp, Honda, TVS Motor had a good outing, while Bajaj Auto saw sales falling 12%

Equities post eighth straight weekly loss as global headwinds intensify

The shortened trading week ended on Thursday, with the Sensex declining 570.59 points, or 0.79%, to close at 71,909.70, while the Nifty 50 fell 198.50 points, or 0.88%, to settle at 22,421.95

India’s next investor wave

India’s household investable assets reached nearly $5.2 trillion in FY25, with financial assets accounting for over one-third of total household assets. ‘The Wealth inclusion in India: Expanding investor participation beyond metros’ report by EY looks at how this growing wealth and wider digital access are helping more Indians invest

Letters to the Editor dated October 1, 2026

Who moved my cottage cheese?

Tightening FSSAI rules are reshaping India’s paneer industry, with branded players increasing capacity

Storage in India’s key reservoirs improves a tad, but still below last year and normal level

18 reservoirs are brimming, but 51 dams are half-empty as IMD predicts below-normal rainfall this month

FSSAI suspends licenses of Shivam Agro, TCG Chocolates over safety violations

The two companies were directed to cease all food business activities during the suspension period.

Risk aversion spreads across assets as bond yields hit a two-year high

A combination of rising global bond yields and higher inflation expectations has made domestic government bonds cheaper, pushing yields higher

Tata nearly doubles EV registrations, Mahindra overtakes MG in September

Vahan data show EV registrations surging 94.7 per cent y-o-y during the month