Indian stocks began Friday on a positive note, with the Nifty 50 marking its eighth consecutive session of gains. This surge mirrored global market trends, spurred by encouraging U.S. jobs data that softened concerns about higher inflation. Renewed hopes for Federal Reserve rate cuts and optimism surrounding a potential resurgence in India-U.S. trade relations further bolstered market sentiment.

Marico shares price: The FMCG giant has acquired the remaining 46% stake in HW Wellness, making True Elements a wholly owned subsidiary. The move strengthens Marico’s presence in healthy foods, digital-first brands, and emerging food segments, following robust Q1 FY26 revenue and profit growth.

Travel Food Services shares: TFS secured a five-year license from Cochin International Airport to operate 11 quick-service restaurants, a lounge, and a bar in the Domestic Terminal’s Security Hold Area, with a two-year extension option, license fees, and minimum guarantee terms.

Securities and Exchange Board of India s (Sebi) actions against options trading caused a significant market drop. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) investors faced substantial losses. BSE shares fell, erasing market value. NSE s unlisted shares also plummeted. Discount brokerage Angel One experienced a sharp decline. Concerns over potential regulatory changes on derivative trading are rising.

Gemini Space Station, led by the Winklevoss twins, successfully raised $425 million in its IPO, pricing shares at $28, above the initial range. The IPO values Gemini at $3.33 billion. Investor demand was robust, driven by high digital asset prices and regulatory developments. The company will commence trading on Nasdaq under the ticker "GEMI" amid growing momentum for crypto listings.

Indian government bond yields are expected to fall further. This follows U.S. inflation data that supports expectations of a Federal Reserve rate cut. The yield on the 10-year benchmark note is likely to be between 6.45% and 6.49%. India will auction sovereign bonds worth 280 billion rupees. The Reserve Bank of India will also conduct a reverse repo auction.

Sebi s board meeting is set to bring significant reforms to Indian markets, focusing on IPO regulations, foreign investment, and institutional participation. Relaxations in IPO norms for large firms, a simplified entry framework for low-risk FPIs, and potential quotas for domestic insurers in anchor books are key proposals.

The Australian dollar reached a ten-month high against the US dollar. This happened because of weak economic data from the United States. Experts predict further gains for the Aussie. The Aussie also rose against the Japanese Yen, Euro, and Canadian dollar. Meanwhile, the New Zealand dollar struggled due to weak economic data.

China Evergrande Group s liquidators have received initial offers for its stake in Evergrande Property Services. Final bids are expected by November. Several parties have signed confidentiality agreements. Subsidiaries of state-owned China Overseas Holdings and China Resources Holdings are reportedly interested. Evergrande Services shares surged following the news.