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The Mirae Asset NYSE FANG+ ETF FoF topped five-year charts with a 39% CAGR. Mukesh Kumawat said the fund had "concentrated exposure to leading US technology companies benefiting from AI, cloud computing and strong earnings growth." Despite this success, experts suggest caution due to market fluctuations and rising investment premiums.
The Finance Ministry in April announced a DA hike of 2% for all central government employees and pensioners, effective from 1 January 2026. This revision increased the component to 60% of basic pay. Officials use the All-India Consumer Price Index to calculate these hikes, helping staff manage rising living costs.
India’s battery energy storage sector will see 91% growth to reach 302GWh by FY32E, says Nuvama. This expansion supports renewable energy and grid needs across the country. The report said, "We estimate annual BESS additions to rise from 5.7GWh in FY26 to 56GWh by FY32E," helping boost domestic capacity growth.
The Karnataka Planters' Association raised concerns over the draft Western Ghats Ecologically Sensitive Area notification during its annual briefing. President Salman Baseer warned that erratic rainfall and pest pressures may shrink coffee harvest figures. UPASI’s Anil Mathew said, "This must be explicitly codified into the operative part of the notification."
Indian government bonds fell on Monday as the Reserve Bank of India announced it would sell 250 billion rupees of bonds. The benchmark 6.94% 2036 bond yield rose to 7.3707%, the highest level in three years. A trader said, "Such flip-flops impact the credibility and often lead to a larger reaction."
PC Jeweller shares jumped 5% to a fresh 52-week high on Monday, extending a four-session rally to 20%. The company’s market value swelled by Rs 2,500 crore recently. Investors showed renewed optimism after the firm repaid its outstanding debt ahead of schedule, finally achieving a debt-free status in late September.
Peak XV Partners and Accel India-backed Zetwerk Manufacturing Businesses seeks a $2.64 billion valuation in its India IPO. The $518 million offering will open for public subscription on October 15. Shares are expected to begin trading on October 23. Many investors are watching this busy period for India’s primary market.
HCL Technologies will announce its Q2 FY27 financial results on Monday, 12 October. Experts expect muted revenue growth but project margin expansion through productivity drives. Analyst Seema Srivastava said, “Despite the revenue softness, margins are projected to expand sequentially.” Investors are watching the stock closely as it shows some buying interest.
Stock markets got off to an erratic start on Monday as earnings season loomed, while oil slipped. Brent futures fell 1.6% to $103.01 a barrel. Economist My Bui said, "Overall, wider spreads suggest investors are questioning whether AI revenues can keep pace with rising borrowing costs." Many Asian shares also fell.
Nifty’s sharp rebound after defending the 22,200 support zone could extend towards 23,600, said Anand James of Geojit Investments. He said, "The index must first post a sustained close above 22,800 to confirm that Friday’s recovery marks more than a relief rally." IT stocks also showed signs of leadership.
The Indian stock market faces volatility this week due to global risks and energy prices. Sensex and Nifty 50 ended higher last week after a long losing streak. Investors will now track India and US inflation data, Q2 results from major companies, and foreign capital flows to guide their strategy.
Gold prices stayed steady in early Asian trading on Monday as many investors waited for US inflation data. Spot gold held at $4,200.23 per ounce after hitting a one-week high on Friday. Markets now watch for the Consumer Price Index report on Wednesday to see how interest rates might change.