JK Tyre reported a 62.3% jump in Q2 consolidated net profit to ₹226.86 crore, driven by strong domestic demand, higher exports, and improved margins. Revenue rose 10.8% to ₹4,011 crore from ₹3,622 crore a year ago.

A massive SOFR futures trade signals investor bets on the U.S. Federal Reserve ending quantitative tightening, reflecting shifting liquidity expectations and diverging market views on funding pressures and short-term rates.

Azim Premji-backed PI Opportunities Fund is set for a significant windfall from Lenskart s IPO, expecting to pocket Rs 350 crore on its initial Rs 21 crore investment. This translates to a remarkable 1,565% return for the fund, which is offloading a portion of its stake in the eyewear retailer s upcoming public offering.

The Indian Rupee weakened against the US Dollar today. Month-end import demand and higher global crude oil prices are impacting the currency. Investors are awaiting the Federal Reserve s policy decision for further direction. Meanwhile, Indian equity markets showed gains in early trade. Crude oil imports from the United States have seen a significant increase.

Global markets are surging on hopes of a US-China trade deal. Sudip Bandyopadhyay believes this rally is sentiment-driven, with both nations needing an agreement. However, he urges caution as only the US has spoken. A deal could impact India s China-plus-one strategy, requiring India to sharpen its competitive edge and leverage its large domestic market.

Global markets rallied as U.S.–China trade talks raised hopes of a truce. Investors remain optimistic yet cautious, recalling past breakdowns and warning that optimism may fade if talks disappoint.

Lenskart’s ₹7,278 crore IPO opens on October 31, with strong investor demand reflected in a 27% grey market premium and backed by global investors like SoftBank and Temasek. The eyewear major plans to use fresh funds for expansion and technology upgrades. Analysts foresee strong listing gains and sustained growth momentum.

Indian stock markets are showing signs of recovery. Corporate earnings are improving, and foreign investors are showing renewed interest. This shift follows a period of underperformance compared to global markets. Experts believe India is set for a turnaround. Valuations have eased, making it an attractive destination. A potential rotation from other emerging markets could further boost Indian equities.

Orkla India s Rs 1,667 crore IPO opens October 29, 2025, with a grey market premium of Rs 106 per share, indicating a potential 14.5% listing gain. The 100% Offer for Sale will see existing shareholders monetize holdings, with shares expected to list on November 6, 2025.

Indian government bonds saw little movement on Tuesday. Traders are watching for signals from state debt sales today and the U.S. Federal Reserve s policy announcement tomorrow. The benchmark 10-year bond yield remained steady near a key level. Expectations of a trade deal between India and the U.S. are also influencing market sentiment.