Indian equities ended lower on Monday, with the Nifty 50 breaking an eight-session winning streak, as weakness in IT and auto shares dragged benchmarks lower.

The Indian Rupee remained stable on Monday. A weaker dollar provided some support. Importer hedging and weak foreign investment limited gains. India s trade deficit narrowed in August. Trade talks between India and the United States are scheduled. Investors are awaiting central bank decisions from the U.S., Japan, and the UK. The U.S. Federal Reserve s rate decision is the main focus.

As speculation grows around Sebi’s upcoming consultation paper that may propose a ban on weekly index expiries, Zerodha founder and CEO Nithin Kamath said a complete ban would make sense from an outsider’s perspective. In a post on X, he added he wouldn’t be surprised if Sebi tightened rules to make F&O trading harder for retail investors.

Vodafone Idea shares surged nearly 7% after the telco’s petition challenging DoT’s additional AGR dues was reportedly scheduled for a hearing on September 19. The company seeks to quash the Rs 9,450 crore demand, citing duplication and accounting discrepancies, while funding talks continue.

Mumbai’s redevelopment wave promises thousands of new apartments, largely in the premium segment. While boosting revenues and reshaping the skyline, experts warn affordability is shrinking. Rising luxury supply risks overshadowing affordable housing, leaving middle-class buyers with limited choices.

Kenneth Andrade of Old Bridge Capital remains positive on Indian metals due to cost advantages and capital efficiency. He s cautious about non-discretionary consumer goods, awaiting a litmus test this quarter. The focus fund s 11% cash position stems from inflows, to be deployed in existing sectors like pharma, metals, tech, and auto.

A report of bids for Rubis from CVC Capital Partners and Trafigura lifted the fuel retailer s shares 6.7% to the top of the STOXX 600 index. The French company is valued at about $3.5 billion.

This week is packed with macro risk events, including rate decisions from the U.S. Federal Reserve, the Bank of England and the Bank of Japan, all of which could help shape investor appetite for euro zone debt.

Muthoot Finance, India’s largest gold loan NBFC, has raised USD 600 million through an international bond issuance under its External Commercial Borrowing (ECB) programme. The proceeds will fund lending activities, allowing the company to extend more credit across India. The issuance saw strong global participation, highlighting investor confidence in Muthoot Finance’s growth strategy and fundamentals.