India

The Indian Nifty 50 has maintained relative stability amid sell-offs in Asian exchanges. Investors were supported by the return of foreign capital, falling oil prices, and expectations of possible revisions to capital gains taxes. However, a final decision on tax changes has yet to be made.

India secured the top position in IPO volume in October 2026, driven by the successful share placement of Jio Platforms Ltd.

Jio Platforms raised $3.1 billion in the largest initial public offering in India's history. Shares rose 27% on the first day of trading in Mumbai, with a market capitalization exceeding $130 billion. The offering was subscribed in just 100 minutes, despite a challenging market.

Jio Platforms Ltd. has set the price range for its shares in the initial public offering, reaching 10.3 lakh crore rupees.

Indian stocks recovered after the sell-off. All sectors of the Nifty index are in the green, and the Sensex index rose by 800 points.

Avaada Electro Ltd. has announced an initial public offering in India worth $786 million.

Indian stocks fell on October 7, 2026, following the Reserve Bank of India's interest rate increase.

India's center has issued licenses to three companies, including Starlink, for satellite communications in 2026.

The Indian rupee fell by 10 paise to 96.45 against the dollar ahead of the RBI decision.

Anthropic's AI Claude has been deployed in India with support from Amazon Bedrock, providing essential auditing and access control features.