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BusinessPhoto: Mint Markets

Indian IT Stocks Surge in October with TCS, Wipro, Tech Mahindra Gains

Indian IT stocks saw a sharp rebound in October, with the Nifty IT index rising 16%. Key contributors included TCS gaining 22%, and Wipro and Tech Mahindra each gaining 20%. The surge was driven by stronger-than-expected quarterly results, attractive valuations, and easing concerns about AI disruption. Despite the recovery from July lows, the index remains down about 16% for the year.

Mint Markets·

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BusinessPhoto: Mint Markets

Apple Stock Rises 28% in 2026 Amid AI Stock Volatility

Apple Inc.'s stock has risen 28% in 2026, becoming the largest contributor to the S&P 500's 12% gain. Unlike AI-focused tech giants such as Microsoft and Amazon, Apple avoids heavy AI infrastructure spending, focusing instead on consumer products like its new foldable iPhone Duo. This strategy has made Apple a preferred, less risky choice for investors amid AI market volatility.

Mint Markets·

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BusinessPhoto: ET Markets

US 30-Year Mortgage Rate Falls to 7.32% in First Drop Since August

US mortgage rates declined for the first time since late August, with the average 30-year fixed rate dropping from 7.40% to 7.32%, according to Freddie Mac. This decrease provides some relief to homebuyers, although borrowing costs remain high, continuing to impact US home sales and demand negatively.

ET Markets·

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TechnologyPhoto: Business Standard

eMudhra Exits Global SSL/TLS Certificate Business Over Security Flaws

Indian digital trust provider eMudhra announced it will voluntarily exit the global SSL/TLS certificate market after vulnerabilities were found in its digital certificates. Major browsers like Google, Mozilla, Apple, and Microsoft blocked eMudhra certificates, raising cybersecurity concerns. The flaws were discovered by an independent researcher, and India's Computer Emergency Response Team issued an advisory on compromised intermediate certificates.

Business Standard·

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SportsPhoto: Amar Ujala

CISF DG Honors 169 Medal-Winning Players Including Asian Games Gold Medalist

CISF Director General Praveer Ranjan honored players who won 169 medals, including Asian Games gold medalist Ritu, at a ceremony in New Delhi. CISF athletes secured 64 gold, 46 silver, and 59 bronze medals across five All India Police Clusters. Around 212 players and 19 coaches attended. Ritu, part of the Indian women's kabaddi team, received ₹200,000, while four other Asian Games participants got ₹50,000 each.

Amar Ujala··New Delhi

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PoliticsPhoto: Hindu World

Myanmar's Suu Kyi Sounds 'Fairly Healthy' in First Call in Years

Aung San Suu Kyi, Myanmar's detained former leader, spoke by phone with her son Kim Aris for the first time in over five years. The 20-minute consular call took place on October 22, 2026, with Aris at Myanmar's embassy in London. Suu Kyi, aged 81, is under house arrest in Naypyidaw and reportedly sounded "fairly healthy," her son said.

Hindu World··Naypyidaw

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