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Stock markets

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October 2026

  1. AI stocks slide worldwide as Kospi, Nikkei and Hang Seng fall about 3%Tech and AI shares fell from Seoul to New York on worries about expensive borrowing for AI build-outs and stretched valuations; Lam Research and Meta fell after their earnings.
  2. Jio Platforms IPO, India's largest ever, is oversubscribed more than five times on day twoReliance's Jio Platforms drew bids for more than five times the shares on offer by day two of its roughly Rs 30,200-crore IPO, after a record anchor book.
  3. Sensex falls for a third day as crude tops $110 and RBI minutes rule out near-term rate cutsThe Sensex lost 460 points and the rupee weakened to 94.81 per dollar as Brent crude rose above $110, a day after RBI minutes signalled the next move can only be a hike or a pause.