Wall Street indexes closed higher Wednesday, primarily boosted by the healthcare sector following Pfizer’s drug price agreement with President Trump. Investors largely overlooked weaker private payrolls data and the ongoing U.S. government shutdown, demonstrating historical market resilience. Technology stocks also contributed to gains, while the materials sector declined.Read More

Asian tech shares rallied Thursday. Gold reached a new record high. The dollar lost ground. A weak US labor report bolstered bets for Federal Reserve rate cuts. This market sentiment lifted indexes despite a US government shutdown. Oil prices also gained. Traders expect easier policy ahead, influencing global finance.Read More

Oil prices rose on Thursday, ending a three-day decline. Russian sanctions prospects supported the increase. OPEC+ supply next month capped gains. G7 nations plan pressure on Russia. The US will aid Ukraine with intelligence for strikes. A US government shutdown raised economic concerns. OPEC+ may boost output. US crude inventories increased last week.Read More

Foreign portfolio investors continued as net sellers in Indian equities for September 2025, marking six out of nine months of outflows this year. A significant concern is their reduced primary market investment, totaling $5 billion despite heightened IPO activity. This contrasts sharply with last year’s net purchases, though domestic funds provided strong support.Read More

WeWork India Management raised Rs 1,348.26 crores from 67 anchor investors at the upper end of its IPO price band. The company allotted over 2 crore equity shares to a diverse group of domestic and global institutional investors, including mutual funds and sovereign wealth funds.Read More

Indian stock exchanges will remain shut on October 2 for Dussehra and Gandhi Jayanti, offering traders a break after recent volatility. The market has four more holidays this year, including a special afternoon Muhurat Trading session on October 21. Following a strong rebound, analysts anticipate sustained positive momentum for equities.Read More

Gold prices surged to a record high Wednesday, propelled by a weaker dollar due to a U.S. government shutdown and softer jobs data. This reinforced expectations of a Federal Reserve rate cut this month, boosting gold’s safe-haven appeal. Increased investor appetite suggests potential further gains, possibly exceeding $4,000/oz.Read More

U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed to extend funding, curtailing key oversight functions, stymieing initial public offerings, and limiting some market and economic data.Read More

Kazakhstan has launched Alem Crypto Fund, its first crypto fund, managed by Qazaqstan Venture Group within AIFC. Backed by Binance Kazakhstan, it targets long-term digital asset investments, strategic reserves, and state-level savings for advancing digital finance.Read More

Tiger Global-backed construction material supply firm Infra.Market has filed for an initial public offering (IPO) worth between Rs 4,500 crore and Rs 5,500 crore with market regulator Sebi using the confidential pre-filing route, market sources said on Wednesday.Read More