Day

October 8, 2025
As Diwali 2025 approaches, gold—traditionally a favoured asset during the festive season—is grabbing headlines not only for its auspicious symbolism but also for its unprecedented price surge.
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Indian benchmark indices Sensex and Nifty eased on Wednesday, snapping a four-session winning run, as investors booked profits, with financial shares leading losses. The weakness in banks outweighed gains in IT stocks ahead of the quarterly results.
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The Indian rupee closed slightly lower at 88.80 against the US dollar amid a negative trend in domestic equities and rising risk-off sentiments. Despite the dollar holding firm, potential IPO inflows and progress in US-India trade talks could support the rupee.
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Crude oil prices rebounded sharply on Wednesday, driven by expectations of a smaller-than-expected OPEC+ output hike for October. October futures rose 1.4% to ₹5,554 per barrel, while WTI gained 0.97% to $62.33 and Brent climbed 0.86% to $66.01.
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Despite a weak BSE Smallcap Index, 23 small-cap stocks surged 50%–225% in three months, with 15 delivering over 60% gains, highlighting strong returns even in a declining market.
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Gold prices hit a new record, surpassing Rs 1,22,780 per 10 grams on MCX and $4,000 per ounce internationally, amid speculation of U.S. rate cuts and geopolitical uncertainty. Robert Kiyosaki reaffirmed his bullish stance on gold, silver, Bitcoin, and Ethereum, warning of the declining value of fiat currencies and urging investors to stack hard and...
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EPFO plans to redeem CPSE and Bharat 22 ETF investments in FY26, potentially generating Rs 17,237 crore gains, while extending other ETF tenures and revamping IT via EPFO 3.0.
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Speciality chemicals manufacturer SK Minerals & Additives on Wednesday fixed the price band at Rs 120-127 per equity share for its Rs 41.15 crore initial share sale which will open for public subscription on October 10.
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Advent of quantum computing can lead to big security challenges, and Sebi is engaged in preparing the system to be safe ahead of its adoption, the capital market regulator’s chairman Tuhin Kanta Pandey said on Wednesday.
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Saatvik Green Energy shares surged over 8% to a record Rs 499 after securing two new solar PV module orders worth Rs 707 crore. Listed in September, the company’s revenue and profits have grown sharply, supported by capacity expansion and rising domestic solar demand.
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