US September CPI rose to 3.7% on energy costs, lifting bond yields and impacting stocks. Domestic markets fell as FIIs sold shares. Jio Platforms file…
1/5US annual CPI inflation rose to 3.7% in September, exceeding the 3.6% forecast due to surging energy costs. Core CPI increased 2.6%. The data raised market expectations for a Federal Reserve interest rate hike, causing stock futures to decline and bond yields to rise.
2/5Wall Street traded sharply lower as hotter-than-expected US inflation data reignited interest-rate concerns, overshadowing the latest round of bank earnings. The Dow fell 0.3%, while the S&P 500 and Nasdaq lost 1% and 1.5%, respectively, as investors reassessed the likelihood of a Federal Reserve rate pause. Higher energy prices pushed September inflation above forecasts, weighing on market sentiment..
3/5Foreign institutional investors sold equities worth ₹1,857 crore, while India’s domestic institutional investors bought ₹2,670 crore as the domestic market ended lower on Wednesday, with the Sensex falling 252 points and the Nifty declining 99 points.
4/5Reliance Industries’ subsidiary Jio Platforms filed its RHP for an IPO opening on October 21, 2026. The issue comprises a fresh issue of up to 27 crore shares with proceeds used to repay RJIL borrowings, alongside specific reservations for RIL shareholders and employees.
5/5Crude oil stays above $105 per barrel amid Strait of Hormuz supply disruptions and West Asia tensions, while coal futures trade near three-year highs as expensive LNG drives demand for cheaper power generation alternatives.