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BusinessJefferies advises increasing investments in Indian large-cap stocks due to their attractive valuations compared to midcaps. The brokerage added Kotak Mahindra Bank to its model portfolio and raised Reliance Industries' weight. It highlights better risk-reward in large-caps as earnings growth gaps narrow, while reducing exposure to rate-sensitive sectors amid rising global bond yields.
ET Markets·
WorldIn 2026, Sarvapitru Amavasya coincides with a special Shanishchari Yoga, considered highly auspicious. On this sacred day for honoring ancestors, lighting lamps at five key locations in the evening is believed to please both Shani Dev and the departed souls. Devotees emphasize faith, purity, and remembrance of ancestors during rituals to bring peace, prosperity, and blessings.
News18 Hindi·
PoliticsFollowing security lapses revealed by a recent attempted terror attack on a flydubai flight, the US is reviewing Israel's compliance with the Visa Waiver Program. A US delegation will visit Israel to assess if security requirements are met. Israel joined the program in 2023, allowing visa-free travel via ESTA. Concerns include Israel's vetting of foreign flight crews.
News18 World·
ScienceOn October 7, Delhi-NCR is transitioning out of the monsoon season with clear skies and mild heat. The India Meteorological Department forecasts low chances of rain and temperatures around 34-36°C during the day, slightly below normal for October. Night temperatures will range between 22-24°C. However, pollution levels are expected to remain high, causing poor air quality.
News18 Hindi··Delhi
SportsAn Olympic medal in cricket may hold less significance for players compared to winning the World Cup or World Test Championship. Additionally, if the Olympics are hosted in a country with little interest in cricket, the sport is unlikely to gain widespread attention, which is a key goal of the International Cricket Council (ICC).
Hindu Sport·
BusinessThe GIFT Nifty indicated a negative opening for the Nifty50 ahead of the Reserve Bank of India's Monetary Policy Committee meeting, with futures down 63 points at 22,733. Asia-Pacific markets declined, with Nikkei 225 and KOSPI falling 0.36% and 0.76%. Brent crude traded near $100 per barrel amid supply concerns. US markets closed higher, led by AI stocks. R.K. Fashion Accessories IPO subscription ends today.
Business Standard·
ET Markets·
Jefferies advises increasing investments in Indian large-cap stocks due to their attractive valuations compared to midcaps. The brokerage added Kotak Mahindra Bank to its model portfolio and raised Reliance Industries' weight. It highlights better risk-reward in large-caps as earnings growth gaps narrow, while reducing exposure to rate-sensitive sectors amid rising global bond yields.
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