Business
Can Nifty break the 8-week deadlock or will pain continue? Here’s what charts indicate
Nifty rebounded after its longest weekly losing streak in 25 years, but technical indicators suggest the broader downtrend remains intact. The index is near key support at 21,743–22,182, while 22,550–22,600 is the immediate hurdle. A break below support could expose Nifty to 19,000 and 16,700.
Nifty rebounds after record 8-week rout, but is this a dead cat bounce investors should fear?
The Nifty rebounded around 1% on Monday after its longest weekly losing streak in 25 years, while the Sensex gained as much as 700 points. However, after an 8-week slide that erased about 8.7%, investors remain unsure whether the gains mark a durable bottom or merely a temporary relief rally before another leg lower.
Vedanta faces ₹5,600 crore demand from Odisha Mining after high court setback
Odisha Mining Corp has issued a demand and intimation letter to Vedanta Aluminium, with the amount payable by 31 October 2026
New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut
Four new IPOs debuted on October 5, with Orient Cables performing strongest, rising 65.44%. German Green Steel showed moderate gains, while Runwal Enterprises had a flat opening. AceVector declined 11.50%, marking the weakest performance among the listings.
‘No more AI’: Elon Musk to rebrand SpaceXAI as SpaceXSI — What is the Trump connection behind the move?
Musk's decision is a direct nod to a recent executive order signed by Trump, which mandates the US executive branch to replace the term “Artificial Intelligence” with “Super Intelligence”.
ESDS Software shares hit 5% lower circuit, crash nearly 30% in 6 sessions. What's behind the selloff?
ESDS Software shares hit the 5% lower circuit on Monday, extending their losing streak to six sessions and taking the decline to nearly 30%. The selloff follows the expiry of a one-month shareholder lock-in, while weaker sequential Q1 revenue and profit have also raised concerns over the stock’s stretched valuation.
GST registration may soon need just one form
Global Market: Hang Seng dips as real estate, financial shares face selling pressure
Hong Kong stocks edged lower as selling pressure in real estate and financial shares offset gains in technology stocks. The Hang Seng Index fell 0.08% by midday, while the Hang Seng Tech Index rose 0.3%. Trading remained subdued with mainland Chinese markets shut for the National Day holiday.
'Democracy in 'great peril': Former SC judge on SIR
Gen Z to be called 'Tarun Bharat' now?
Vietnams Masan High-Tech seeks approval for 5% private placement to fund tungsten expansion
MASAN-STAKE/:Vietnam's Masan High-Tech seeks approval for 5% private placement to fund tungsten expansion