Bitcoin stabilised around $109,000 after a brief correction triggered by profit booking and cautious Fed signals. Analysts cite macro uncertainty, heavy liquidations, and strong crypto–Nasdaq correlation driving market volatility.

A recent US-China meeting signals a pause in trade tensions, with experts noting a shift in power dynamics. While not a clear win for the US, the outcome suggests ongoing concessions and a move towards negotiation as equals. This development could impact India s supply-chain advantage, but also offers opportunities for emerging markets through subscription diplomacy and reduced uncertainty.

Mphasis reported a 10.79% increase in net profit to Rs 469 crore for the July-September quarter, with revenue rising 10.34% to Rs 3,901.91 crore. The company s CEO highlighted strong total contract value wins of USD 528 million, driven by early investments in AI and a focus on new-gen services.

Kansai Electric Power Co. shares surged 5% after the utility boosted its profit forecast by 22% to 360 billion yen and increased its dividend to 75 yen per share. This positive outlook, coupled with activist investor Elliott s increased stake, has driven the stock s recent gains, outperforming the broader market.

Finance Buddha, backed by Ashish Kacholia and MS Dhoni Family Office, will raise Rs 71.68 crore through its SME IPO to fund expansion, tech upgrades, and entry into new markets.

Lenskart Solutions launched its Rs 7,278 crore IPO, which was 6% subscribed on Day 1. Despite a high valuation, brokerages remain optimistic about its long-term prospects, citing strong brand equity, profitability, and expansion plans. The eyewear major’s GMP indicates modest listing gains amid robust investor interest in India’s growing eyewear market.

India s market regulator is set to penalise Multi Commodity Exchange. A four-hour trading halt occurred on Tuesday due to a capacity breach. The exchange could not handle the high volume of clients. MCX stated its systems have parameters that led to constraints. The regulator is concerned about the delay in identifying the cause.

State-run bank stocks rallied sharply on Friday, driven by expectations of higher FII caps, rising foreign interest in Indian lenders, and strong technical indicators supporting further upside in major PSU banks.

Sebi Chairperson Tuhin Kanta Pandey said the regulator will introduce new F&O measures in a phased manner after consulting stakeholders, ruling out an abrupt halt to weekly expiries. Speaking at the Business Standard BFSI Summit 2025, he stressed Sebi’s focus on strengthening market resilience and transparency while ensuring participation remains robust amid tightening oversight of the derivatives segment.