Pooja Jaiswar

rise on October 26, 2026, at major top jewellers like Tanishq, IBJA, Joyalukkas and Malabar as the festive cheer of Dhanteras and Diwali nears in the month of November. On Monday, gold is also in focus due to the upcoming US Federal Reserve's policy, whose outcome will be declared on October 28th. The market is predicting Fed to keep interest rates unchanged. But if the Fed hikes rates due to an energy crisis and elevated inflation, yielding assets like bonds and dollars would see a buying trend, but non-yielding assets like gold could lose shine. At present, 22-carat gold is below Rs 13,130 per 1 gram and has surged by the highest Rs 1,500 in 100 grams.

The Delhi cops have not granted permission for a demonstration of protest to LPG distributors. This is despite Ram Lila Maidan and CBD road in east Delhi declared as designated protest sites after scrapping the same at Jantar Mantar. As per media reports, indefinite strike could not be carried out at the newly designated sites due to functions and programmes related to the festive season.

Indian leading jeweller Joyalukkas has bagged two new Guinness World Records for making the heaviest and largest pair of gold earrings. The majestic giant bell-like-looking earrings are called "Mayura Sahasra" and are made in Joyalukkas Dubai jewellery store. At the current market price in Dubai, those peacock-inspired earrings are worth more than Rs 17 crore.

Paras Healthcare IPO Allotment Status: This pharma company is carrying the allotment status of its Rs 1,450 crore, which closed last week. Investors can view their application status either on BSE, NSE or the registrar of the IPO, MUFG Intime India. However, the latest grey market premium (GMP) is currently signalling a muted or 1.30% premium listing on stock exchanges. Paras Healthcare is expected to debut on BSE and NSE on October 28, 2026.

Tech player Infosys share price surged by 1% despite reporting a softer Q2 result for FY27. On an expected line, Infosys also lowered its revenue guidance in constant currency for the entire fiscal year. On the positive front, Infosys has declared its first interim dividend of Rs 26 per share for FY27, and its record date is fixed during Diwali time. Although the near-term trajectory for Infosys is cloudy and uncertain, the majority of brokers have either recommended BUY or ADD on Infosys shares.

Tech giant Microsoft has announced voluntary buyouts of 60,000 employees, a quarter of its workforce, amidst rising AI infrastructure spending. The offer is eligible for employees in Canada, India, the United Kingdom and the United States at level 70 and below. The voluntary exit offer is a one-time limited programme, and employees who choose the offer will exit by December 2026-end.

The Federal Open Market Committee (FOMC) will begin its 2-day policy meeting on October 27 and will announce its outcome on October 28, 2026. As per UBS, futures market pricing implies that policymakers will keep interest rates on hold at this meeting but raise them again in December.

The Federal Open Market Committee (FOMC) will begin its 2-day policy meeting on October 27 and will announce its outcome on October 28, 2026. Overall, the market has priced in at least 3 rate hikes from the Fed over the next 12 months but after October 2026 policy.

Gold rates in India today witnessed its biggest single-day hike in 10 days. On October 27, the 24-carat gold price surged by at least Rs 5,400 across major cities despite spot gold and MCX gold trading cautiously ahead of the US Federal Reserve's policy decision the next day. The physical gold demand is expected to steady prices during the Dhanteras and Diwali festivals. Apart from that, the Fed rates, dollar and treasury yield movement will determine sentiments in the bullion.

Yet another mega AI is coming, and this time it's American artificial intelligence, Anthropic.