100marketnews

Jio Platforms' initial public offering has closed as India's largest-ever share sale — and one of the most subscribed in the world. The Rs 30,213 crore issue, priced in a band of Rs 1,065 to Rs 1,119 per share, was subscribed 22.19 times overall by the time bidding closed on Friday, October 23, drawing total bids of roughly Rs 7.40 lakh crore including anchor allocations. The most striking number is not the money but the headcount. More than 13.8 million applications came in, beating the previous global record of 9.73 million applications set by Waaree Energies in October 2024 by nearly 42 per cent. For a single Indian issue, that scale of retail and institutional participation together is unprecedented. The subscription, category by category The demand was led overwhelmingly by institutions. Qualified institutional buyers (QIBs) bid 70.55 times the shares reserved for them. Non-institutional investors — typically wealthy individuals and family offices — subscribed 14 times. Re...

Gold lost its $4,000 perch this week, and silver fell even harder. In a week dominated by surging crude oil and a selloff in technology stocks, precious metals went from safe haven to selling list — and the damage was the worst in months. Gold prices dipped 3.28 per cent on a weekly basis, while silver declined 7.83 per cent, as rising crude oil prices heightened inflation fears. Gold recorded its steepest weekly decline since June and slipped below the psychologically important $4,000 per ounce level for the first time since mid-July. Spot gold closed the week around $3,995 an ounce. The numbers that tell the story On Friday, MCX gold futures expiring in December declined 0.81 per cent to Rs 1,42,150, while MCX silver futures for December shed 1.75 per cent to Rs 1,96,100 per kg. The weekly losses came even as geopolitical tensions stayed high — a reminder that gold does not rise on every crisis. Crude oil was the other side of the trade. Brent crude climbed to $116.72 a barrel, its h...

Fifteen Indian companies have fixed record dates for interim dividends in the week starting Monday, October 26, 2026, giving income-focused investors a busy calendar to track. The highest payout on the list comes from Chennai Petroleum Corporation, at Rs 25 per share, followed by L&T Technology Services at Rs 20 and Crisil at Rs 17. The week starts quietly, with just one company on Monday, and builds steadily towards Friday, which carries the heaviest load of the week. In total, the calendar spans five trading days and covers sectors from information technology and finance to refining, engineering and telecom infrastructure. The full list, day by day Monday, October 26: Hexaware Technologies — Rs 9.50 per share. Tuesday, October 27: L&T Technology Services — Rs 20 per share. Wednesday, October 28: Cyient — Rs 12 per share; Nippon Life India Asset Management — Rs 9.50 per share. Thursday, October 29: Crisil — Rs 17 per share; Ksolves India — Rs 1 per share; Shriram Finance — Rs ...

Indian stock markets closed a holiday-shortened week firmly in the red, with the Sensex and Nifty falling more than 2% over the week as Brent crude oil surged to a six-month high above $116 a barrel. The Sensex ended Friday at about 73,124, down around 126 points on the day, while the Nifty settled near 22,600, down 88 points — the fourth straight losing session for both benchmarks. The sell-off hit smaller stocks even harder, with the Nifty Midcap 100 down 5.6% and the Smallcap 100 down 7.3% for the week. Key Facts Friday's close: Sensex about 73,124 (down ~126 points); Nifty about 22,600 (down 88 points); fourth consecutive losing session for both indices Weekly fall: Sensex down 1,605 points (2.1%); Nifty down 546 points (2.4%); 43 of the 50 Nifty stocks ended the week lower Broader market hit harder: Nifty Midcap 100 fell 5.6% and Nifty Smallcap 100 fell 7.3% for the week ended October 23 Crude oil surge: Brent crude settled at $116.72 a barrel on Friday, up 3.1% on ...

Subtropical Storm Josephine — the 10th named storm of the 2026 Atlantic hurricane season — was spinning about 195 miles southeast of Nantucket, Massachusetts, on Thursday morning with maximum sustained winds of 65 mph, according to the National Hurricane Center. The storm is pulling away from the East Coast, but it is still driving coastal flooding, dangerous surf and gusty winds from North Carolina to New England into Friday. Key Facts Location (Thursday morning): about 195 miles southeast of Nantucket, Massachusetts, moving northeast and accelerating away from the coast Strength: maximum sustained winds of 65 mph; forecasters say Josephine could briefly reach Category 1 hurricane strength late Thursday before turning post-tropical How it formed: an October nor'easter off the East Coast gained tropical characteristics over the Gulf Stream and was named by the National Hurricane Center on Wednesday, October 21 Main US impacts: coastal flooding of up to about 4 feet above...

US stock futures were mixed early Friday, October 23 — Nasdaq-100 futures slightly higher, Dow futures lower — as Wall Street steadied after the Nasdaq Composite's 694-point, 2.6% plunge on Thursday. In after-hours trading, Western Digital and Bloom Energy both fell about 5% despite reporting earnings that beat expectations, a sign of how unforgiving this market has become. Key Facts Friday futures (early): Nasdaq-100 futures up about 0.05–0.18%, S&P 500 futures roughly flat to 0.1% lower, Dow futures down about 0.2–0.4% Thursday's damage: Nasdaq Composite fell 694 points (−2.60%) to 26,008.86, its worst day since June; the S&P 500 lost 1.21% to 7,663.43, its worst since July; the Dow edged up 0.02% to 52,867.98 Western Digital: down about 5% after hours even though adjusted EPS of $4.64 crushed the $4.09 consensus and revenue of $4.38 billion beat the $4.14 billion expected Bloom Energy: down about 5% after hours despite adjusted EPS of 94 cents vs. 68 cents...