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Bitcoin nears $111K, stabilizing at resistance with breakout potential. Experts highlight strong accumulation, altcoin surge led by Dogecoin, and macro optimism despite $100K correction debates, supporting a medium-term bullish outlook.
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GMDC shares surged 35.5% in September, hitting a 52-week high on strong volumes, rare earth mining optimism, and government support. Despite weaker Q1 earnings, multibagger returns, zero debt, and strategic diversification keep investors bullish, though brokerages caution over high valuations and slow lignite ramp-up.
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Finance Minister Nirmala Sitharaman called GST rate cuts a landmark reform benefiting all Indians, especially the middle class. She dismissed political pressure claims, noted even critics’ praise, acknowledged state inputs, and stressed the reform focuses on people, not politics, promising relief and cheer before the festive season.
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Annualized GDP growth came in at 2.2%, up from the preliminary forecast of 1.0%, while quarter-on-quarter growth rose to 0.5% from the earlier estimate of 0.3%.
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Investors are increasingly favoring Indonesian sovereign debt over Indian bonds, highlighting a shift in Asia’s high-yield markets. The current yield gap between Indonesia’s and India’s 10-year bonds is about 10 basis points. Economists surveyed by Bloomberg expect this gap to double by Q3 2026, indicating expectations of sustained outperformance for Indonesian debt compared with Indian government securities.
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