Gold prices declined on Monday, influenced by a strengthening dollar and easing U.S.-China trade tensions, which diminished the metal s safe-haven appeal. Investors are now anticipating key central bank meetings later in the week, particularly the Federal Reserve s interest rate decision.

Jayesh Logistics is launching its Rs 28.63-crore IPO on Monday, aiming to raise funds for fleet expansion and working capital. The logistics firm, specializing in Indo-Nepal trade and cargo movement, reported strong revenue and profit growth. With a modest grey market premium, investors anticipate limited listing gains as the SME segment sees selective investor interest.

KSE Ltd. is set for a stock split. Today is the final chance for investors to buy shares and be eligible for this corporate action. The company will divide each Rs 10 share into ten Rs 1 shares. Shareholders on record by October 28 will receive the new shares. This move aims to increase share accessibility.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.

Japan s Nikkei share average crossed the 50,000 mark for the first time on Monday. This milestone follows successive records driven by expectations of significant spending from the new prime minister, Sanae Takaichi. Investors are reacting positively to Takaichi s growth-focused policies and anticipated economic stimulus packages. The market has seen a strong upward trend since mid-July.

Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025.

Mukesh Ambani is steering Reliance Industries towards artificial intelligence, investing $15 billion in a bold tech pivot. This strategic shift aims to transform the conglomerate into a deep-tech powerhouse, potentially valued at $30 billion. Reliance is building AI infrastructure and partnering with tech giants like Meta and Google, while also developing its own AI products.

Nifty paused its six-day winning streak, with analysts suggesting potential near-term drift towards 25,400 before resuming an upside trajectory. While banking stocks show vulnerability, Oil & Gas counters, especially Reliance Industries, offer resilience. Further unwinding in derivatives is anticipated, with FIIs actively covering shorts.