Morning news
10/10/2026
*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Saturday, 10 October 2026
*Commodities*
• Silver – Spot: Rs 221191
• Gold – Spot: Rs 148909
*IPO & Capital Markets*
• Fusion CX IPO: Rs 702-crore issue to open on October 14.
• Jio Platforms sets IPO price band at Rs 1,065–1,119 per share: Report.
• FIIs net sell Rs 3,569 crore, while DIIs net buy Indian equities worth Rs 4,743 crore on October 9.
• TCS earnings lift IT stocks as hopes of a demand recovery boost market sentiment.
• MobiKwik jumps and Paytm gains ahead of NPCI's UPI MDR deferment decision; Pine Labs slips.
• Rupee forward gap narrows after a 50-paise spike, but offshore premium stays elevated.
*Banking & Financial Services*
• India's forex reserves fall by $12.95 billion to $734.60 billion in the week ended October 2.
• RBI raises the daily CRR maintenance requirement to 99% from October 16.
• RBI announces Rs 25,000 crore OMO sale
• Relief for ICICI Bank: SAT modifies and sets aside the secretarial portal access order in the Chanda Kochhar-Videocon loan case.
• Bandhan's holding company appoints investment banker Jefferies to restructure holdings.
• Prolonged food inflation poses a risk to microfinance budgets: Muthoot Microfin CEO.
• Gold boom puts US bank revenues on track for a record $5 billion.
*Corporate*
• Gujarat State Fertilizers and Chemicals seeks a partner for a green ammonia factory in Gujarat.
• Coal Ministry says fuel supply to power plants increased in October.
• GM Breweries Q2 FY27: Growth continues, but margin pressures emerge.
• Indian IT firms filed fewer PERM applications compared with US tech majors.
• Airtel MD & CEO Shashwat Sharma says tariff hikes must come at the right time.
*Market & Economy*
• India to be the fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTAD.
• Rural job demand under VB-G RAM G jumps 25% in September, with 15.6 million households seeking work.
• GST Council proposes 2% TDS on scrap transactions.
• UPI MDR decision remains in limbo as the Steering Committee meeting is called off.
*Politics & Government*
• Bypoll results in five seats boost ruling parties; BJP posts big wins in Bengal.
• Rahul Gandhi's politics seems to depend on foreign support: BJP.
• Government is scared, and the protest will go ahead, says Abhijeet Dipke.
• Delhi Police detains people with criminal records ahead of the CJP protest.
• Delhi Traffic Police issues an advisory ahead of the October 10 anti-CEC protest, with diversions at 30 points from 6 a.m.
Jai Hind
*Rudra Hai to Mudra Hai*
For more details:
www.rudrashares.com
Download Our App
Rudra MINT+
Available On
Attention Investor
Dos and Don’ts for Retail Investors:
- 1) Offering fixed/guaranteed/regular returns/ capital protection schemes in stock markets whether written or oral is not allowed. Any of our representative or Authorised Person (AP) cannot offer fixed/guaranteed returns.
- 2) Any representative cannot enter into loan agreements to pay interest on funds/securities.
- 3) Do not fall prey to emails, SMSs, or videos promising high returns.
- 4) Trading in derivatives involves high risk.
- 5) Dealing in cash is prohibited.
- 6) Do not share login ID, password, OTP, TPIN.
- 7) Fill KYC details yourself and keep copies.
- 8) Ensure trades are executed as per your instructions.
- 9) Keep mobile/email updated and verify trade messages.
- 10) Verify bank details before transferring funds.
- 11) Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors.
- 12) KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBIregistered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- 13) No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for a refund, as the money remains in the investor's account.
- 1) Offering fixed/guaranteed/regular returns/ capital protection schemes in stock markets whether written or oral is not allowed. Any of our representative or Authorised Person (AP) cannot offer fixed/guaranteed returns.
- 2) Any representative cannot enter into loan agreements to pay interest on funds/securities.
- 3) Do not fall prey to emails, SMSs, or videos promising high returns.
- 4) Trading in derivatives involves high risk.
- 5) Dealing in cash is prohibited.
- 6) Do not share login ID, password, OTP, TPIN.
- 7) Fill KYC details yourself and keep copies.
- 8) Ensure trades are executed as per your instructions.
- 9) Keep mobile/email updated and verify trade messages.
- 10) Verify bank details before transferring funds.
- 11) Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors.
- 12) KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBIregistered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- 13) No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for a refund, as the money remains in the investor's account.