Bitcoin is on track for its first monthly loss in October since 2018, ending a seven-year streak of gains. The digital asset is set for a nearly 5% decline this month, struggling amid broader market jitters and investor uncertainty about global monetary policy. Despite this dip, Bitcoin remains up over 16% year-to-date.

Coinbase s strong earnings are being overshadowed by increasing competition as regulatory clarity boosts the crypto market. New players like Gemini and Bullish have gone public, while Kraken prepares to list. Despite its first-mover advantage and institutional trust, Coinbase faces pressure on its premium pricing and retail outlook. The company is actively acquiring to maintain its edge.

Despite the overall market weakness, 10 stocks from the BSE500 index managed to post gains in each of the five sessions.

DSP Mutual Fund clarified its investment in the Lenskart IPO amid investor concerns over valuations. The fund house stated it invests only with conviction across business strength, promoters, execution, and valuations. While acknowledging Lenskart s strong fundamentals, DSP admitted retail and e-commerce valuations are currently high, explaining they trimmed other positions to accommodate this investment.

Veteran investor Shankar Sharma slams India s IPO market as the "dumbest in history," citing Lenskart s pre-IPO activity. He alleges a "beautiful little game" where anchor investors create artificial legitimacy, leading to inflated valuations. Sharma claims companies exploit retail investors anchoring bias, causing stocks to collapse post-listing, only for investors to be trapped again.

Mahindra Lifespace Developers Ltd reported a consolidated net profit of Rs 47.91 crore for the second quarter of the current fiscal year, a significant turnaround from a net loss of Rs 14.01 crore in the same period last year. The company s total income also surged to Rs 33.06 crore. Its development footprint includes 53.

Gold loans and renewable energy sector financing have surged, more than doubling to Rs 3.16 lakh crore and Rs 14,842 crore respectively. This contrasts with decelerated growth in bank credit to NBFCs and HFCs, which saw modest increases of 3.9% and 0.2% respectively. Consumer durable and personal loans also experienced slower growth.

Overseas funds injected ₹12,206 crore into Indian sovereign bonds in October, driven by a stable rupee and US Federal Reserve rate cuts. Foreign investors increased purchases on days of reported central bank currency intervention and after the Fed s policy move, boosting local debt returns.

Indian equity indices closed lower on Friday, extending weekly declines but logging strong monthly gains. Investor caution stemmed from the US Federal Reserve s stance on interest rates and the US-India trade deal outcome. Analysts suggest current dips present buying opportunities ahead of potential rallies.

India s market regulator Sebi will proceed cautiously on restricting weekly futures and options expiries. Sebi chief Tuhin Kanta Pandey stated an outright shutdown is impractical. The regulator has already implemented measures to control speculative trading by retail investors. Further policy interventions will follow extensive data analysis and public consultation.