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Brazil stock market to crash today? What Lula’s surprise victory in elections means for emerging markets, commodities

Economic Times Markets
Brazil stock market to crash today? What Lula’s surprise victory in elections means for emerging markets, commodities
Economic Times Markets

Brazil’s stock market faces a potential sharp selloff after President Luiz Inácio Lula da Silva’s surprise election victory dashed investor hopes of a change in government and fiscal policy. Analysts warn of possible circuit breakers as the real weakens and soybean futures slide, with emerging markets also watching the fallout.

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Stocks · 26 Oct 2026

ITC Hotels reports revenues of Rs 1054 cr for Q2, PAT at Rs 203 cr

ITC Hotels reported strong second-quarter growth, with revenue rising 26% and net profit increasing 52% year on year, supported by higher room rates, occupancy and demand from business events. The company also expanded its portfolio through new hotel signings, the Welcomhotel Ahmedabad acquisition and a land allotment in Lucknow.

Source: Economic Times Markets

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