Realty firm Signature Global Ltd has raised Rs 875 crore through issue of non-convertible debentures (NCDs) to World Bank s lending arm IFC for development of mid-income housing projects and reduce debt.

Oil prices fell on Tuesday, marking their third day of declines as an OPEC+ plan to raise output outweighed optimism about a potential U.S.-China trade deal.

Indian markets experienced a volatile trading session. The Nifty index is currently consolidating between 25,700 and 26,104. Analysts suggest a cautious approach, focusing on outperforming sectors like metals and PSU banks. Specific stock recommendations include Tata Steel and IIFL. Investors are advised to monitor the rupee s movement against the dollar closely.

PSU bank stocks rose up to 3.3% after reports said the government may raise foreign investment limits to 49% in state-run banks, more than double current caps. The finance ministry and RBI are in talks, aiming to align rules with private banks, where foreign ownership is allowed up to 74%.

Studds Accessories IPO: Studds Accessories’ ₹455.49 crore IPO opens on October 30 with a price band of ₹557–585. The issue enjoys a ₹55 GMP, hinting at a listing price near ₹640 and an expected 9.4% gain for investors.

Japanese government bond yields saw a slight dip on Tuesday, driven by expectations that Tokyo would not exceed its defense budget target when meeting with U.S. President Trump. While the 10-year yield eased, concerns over increased government spending pushed super-long-dated bond yields higher. The Bank of Japan s bond buying operations also influenced market movements.

Indian companies rarely show consistent profit growth. Research over three decades reveals that sustained earnings growth is a statistical rarity, not a common occurrence. Analysts and investors often overestimate the durability of growth narratives. This overconfidence in persistence has historically led to disappointment. The market may now reward prudence over projection as growth normalizes.

Newly listed Canara Robeco AMC shares fell 11.3% to ₹311 after posting muted Q2 results. Net profit dipped 2% to ₹49 crore, while revenue rose 3% to ₹107.7 crore year-on-year.

Hindalco and Vedanta shares rose up to 2% on Tuesday as metal stocks rallied. The Nifty Metal Index gained 1.1% to 10,582, driven by strong volumes and positive sentiment in the steel sector.

Welltower is significantly expanding its senior housing investments, announcing $23 billion in deals while divesting slower-growing medical offices. This strategic pivot aims to capitalize on surging demand from an aging population. The real estate giant also boosted its 2025 earnings forecast, exceeding analyst expectations and continuing a streak of strong financial performance.