Day

October 28, 2025
Wall Street’s main indexes opened at record highs on Tuesday after upbeat forecasts from companies such as UnitedHealth and UPS, while Apple topped $4 trillion in market value for the first time, boosted by strong demand for its latest iPhone models.
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Microsoft and OpenAI on Tuesday said they had reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and clearing the way for it to become a publicly traded company.
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Despite a weak broader market, six PSU bank stocks—SBI, PNB, Bank of Baroda, Canara Bank, Indian Bank, and Bank of India hit fresh 52-week highs. Analysts expect up to $4 billion in FII inflows if the government raises the investment cap for foreign investors.
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Indian markets closed lower amid profit-taking in consumer and IT stocks, though metals and PSU banks gained on optimism over U.S.-China trade progress and potential FII limit hike.
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Adani Green Q2 Results: Adani Green more than doubled its profit year-on-year in the second quarter to Rs 583 crore. The bottomline rose 111% from Rs 276 crore posted in the last year quarter. Total income during the quarter, however, fell 4% YoY to Rs 3,249 crore.
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Signature Global raised Rs 875 crore through NCDs from IFC, using over half to retire debt and the rest for Sohna land acquisition. The A+ rated NCDs mark its first listed debt issue, reflecting strong ESG focus and sustainable growth plans.
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Skills and talent development firm NIIT Ltd on Tuesday posted 88.4 per cent decline in consolidated net profit at Rs 1.37 crore for September quarter FY26, although revenues rose by 15.6 per cent.
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European shares retreated on Tuesday, pausing after a third consecutive record-high close on signs of easing Sino-U.S. trade tensions, as investors assessed a slew of corporate earnings.
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Ethics experts said the U.S. president’s family crypto initiatives create an unprecedented conflict of interest
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The Indian Rupee weakened by 8 paise against the US Dollar, closing at 88.27 on Tuesday. Weak domestic stock markets and foreign fund outflows contributed to the decline. Softening crude oil prices and a weaker US Dollar provided some support. Investors are awaiting the US Federal Reserve’s policy decision for further market direction.
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