Stock Market News

India is experiencing impressive GDP growth of 7.8%, while the World Bank revises its growth outlook to 7.1%. Yet, Dalal Street faces turbulence as benchmark indices suffer losses exceeding 1%. This is largely due to foreign investors offloading shares and rising bond yields globally, fostering a cautious sentiment in the market.

India's GDP is booming, but stock market is crashing: What's going wrong? https://timesofindia.indiatimes.com/business/india-business/indias-gdp-is-booming-but-stock-market-is-crashing-whats-going-wrong/articleshow/134786666.cms

Union minister Ashwini Vaishnaw announced plans for a Consultation paper on AI regulations to address specific concerns. The focus will include AI safety, deepfakes, user harm, and the need for skilling. The government aims to establish a regulatory framework while involving various stakeholders in the process. This initiative follows recent amendments in IT Rules to combat AI-generated harmful content more effectively.

AI regulation consultation paper next month, says IT minister Vaishnaw https://timesofindia.indiatimes.com/business/india-business/ai-regulation-consultation-paper-next-month-says-it-minister-vaishnaw-focus-on-safety-deepfakes/articleshow/134785844.cms

Seven new bullet train corridors in works: In the coming years, Indian Railways is looking to make that a reality with seven new bullet train corridors in the works. Bullet trains typically operate at speeds of around 300 kmph, while some definitions of high-speed rail cover services operating at around 220-250 kmph.

Mumbai-Pune in 48 min, Delhi-Varanasi under 4 hours: 7 bullet train routes https://timesofindia.indiatimes.com/business/india-business/delhi-varanasi-in-less-than-4-hours-mumbai-pune-in-48-minutes-chennai-bengaluru-in-over-1-hour-indian-railways-bets-on-seven-new-bullet-train-corridors-in-rs-16-lakh-crore-high-speed-push/articleshow/134783546.cms

In a significant policy change, the Reserve Bank of India has upped its key interest rate to 5.50% with a 25 basis point hike, the first in nearly four years. This adjustment reflects a shift to a calibrated tightening approach, hinting at potential future increases. However, contrary to market expectations, no new liquidity measures were introduced.

RBI rate hike impact: Bond yields may hold near 7.25% after policy shift https://timesofindia.indiatimes.com/business/india-business/rbi-rate-hike-impact-bond-yields-may-hold-near-7-25-after-policy-shift/articleshow/134782852.cms

MDR on UPI: Last month, the government ended the zero-fee regime for UPI by allowing merchants to be charged 0.4% on transactions above Rs 2,000. UPI is used by more than 500 million people across the country for payments ranging from roadside cups of tea to iPhones. The charge is scheduled to take effect on October 15, coinciding with the annual festive season.

No MDR on UPI from October 15? Government considers delaying rollout of fees: Report https://timesofindia.indiatimes.com/business/india-business/no-mdr-on-upi-from-october-15-government-considers-delaying-rollout-of-fees-report/articleshow/134783783.cms

Gold price prediction today: Gold and silver prices are expected to trade with a negative bias in the coming days. On the lower side, MCX Gold is expected to gradually move towards the Rs 1,45,000 level, which remains the key downside target. A decisive break below the immediate support zone could accelerate the decline towards this level.

Gold price prediction: What is the gold price outlook on October 8, 2026? https://timesofindia.indiatimes.com/business/india-business/gold-silver-price-prediction-today-what-is-the-gold-rate-outlook-for-october-08-2026-should-you-buy-or-sell-mcx-gold-mcx-silver/articleshow/134782895.cms

Stock market crash today: At around 12:02 PM, Nifty50 was trading at 22,357.85, down 245 points or 1.08%. BSE Sensex was at 71,947.85, down 691 points or 0.95%. Sustained selling in large-caps by the FIIs have contributed significantly to this trend. With the US 10-year bond yield hovering above 5.3%, FIIs will continue to sell on every rally.