Monday, November 3, 2025 News Archive
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Global AI startup funding soars as Modular raises $250 million

Global AI startup funding soars as Modular raises $250 million


AI startup Modular raises $250 million at $1.6 billion valuation, reflecting strong investment in chip-agnostic AI software infrastructure.

Mutual-fund industry assets top ₹75.61 lakh crore with equity funds leading

Mutual-fund industry assets top ₹75.61 lakh crore with equity funds leading


India’s mutual-fund AUM hits ~₹75.61 lakh crore, up 12.7% YoY, driven by equity funds.

Brokerages highlight three Indian stocks to buy amid rotation

Brokerages highlight three Indian stocks to buy amid rotation


Analyst recommends Shriram Finance, Bharat Electronics and Canara Bank as stocks to buy amid rotation into financials and defence.

Indian markets open lower amid profit-booking and global caution
Indian markets open lower amid profit-booking and global caution
Indian markets opened lower amid profit-booking and global policy caution ahead of earnings and foreign-flow cues.
Indian startups raise $371 million in week ending Oct 31

Indian startups raise $371 million in week ending Oct 31


Indian startups raised ~$371 million in a week, up 19%-week-on-week, led by fintech and strong secondary activity.

Asian stocks rise on AI sentiment and US-China trade truce

Asian stocks rise on AI sentiment and US-China trade truce


Asian stocks lifted by AI deal optimism and trade-truce hopes, though underpinning flow remains to be tested.

India resists full framework for stablecoins prioritising rupee dominance

India resists full framework for stablecoins prioritising rupee dominance


India declines full stablecoin regulation, citing currency sovereignty concerns and favouring RBI digital-rupee model.

Blockbuster November looms for India IPO market with over Rs 76 000 crore pipeline

Blockbuster November looms for India IPO market with over Rs 76 000 crore pipeline


India’s IPO pipeline exceeds ₹76,000 crore for November, supported by retail interest and stronger sentiment.

India economy starts fiscal year strong with 7.8 % GDP growth in Q1

India economy starts fiscal year strong with 7.8 % GDP growth in Q1


India’s GDP grew 7.8% in Q1 FY26, driven by consumption and investment, signalling strong economic start.

AI firms capture over half of all venture funding in 2025

AI firms capture over half of all venture funding in 2025


AI start-ups claim over half of global venture funding in 2025, highlighting tech-investing shift.

Madras High Court rules cryptocurrency qualifies as property in India

Madras High Court rules cryptocurrency qualifies as property in India


Madras High Court deems crypto as legal “property” in India, impacting tax and regulatory frameworks.

High risk mutual funds with high return potential spotlighted

High risk mutual funds with high return potential spotlighted


Fund houses list five high-risk mutual-fund schemes for investors seeking alpha amid evolving markets.

Three stocks to buy Monday Shriram Finance Bharat Electronics Canara Bank

Three stocks to buy Monday Shriram Finance Bharat Electronics Canara Bank


Analyst Sumeet Bagadia recommends Shriram Finance, BEL, Canara Bank as picks for 3 Nov amid rotation towards financials/defence.

India stock market weekly forecast signals consolidation ahead

India stock market weekly forecast signals consolidation ahead


Indian equity indices likely to consolidate next week amid profit-booking and thin liquidity.

Brent crude hits above $65 as OPEC+ pauses output hikes

Brent crude hits above $65 as OPEC+ pauses output hikes


Brent crude rose above $65/barrel as OPEC+ halted output hikes, supporting oil prices amid cautious demand outlook.

Top stocks to buy on Nov 3 include Adani Power ITC among others

Top stocks to buy on Nov 3 include Adani Power ITC among others


Jefferies recommends Adani Power and ITC for Nov 3, after Adani Power secured higher PPA tariffs and shows growth potential.

Indian equity benchmarks drift lower as profit-booking sets in

Indian equity benchmarks drift lower as profit-booking sets in


Indian equities pulled back as profit-booking weighed, but the move appears a consolidation after strong gains.

Oil prices rise after OPEC+ pauses output hike for Q1 2026

Oil prices rise after OPEC+ pauses output hike for Q1 2026


Oil strengthened as OPEC+ delayed Q1 2026 output hikes, signalling cautious supply management amid demand concerns.

India stock benchmarks begin November on positive note after October rally

India stock benchmarks begin November on positive note after October rally


India’s stock market opened November quietly, led by PSU banks, as investors await global cues and analyse earnings results.

Asian stocks rise amid AI optimism and dollar near three-month high

Asian stocks rise amid AI optimism and dollar near three-month high


Asian stocks gained on AI optimism and trade hopes, but China’s manufacturing slowdown and dollar strength temper enthusiasm.

China’s gold tax incentive rollback jolts bullion demand outlook as crude volatility persists globally

China’s gold tax incentive rollback jolts bullion demand outlook as crude volatility persists globally


China’s removal of gold tax incentives may weaken domestic bullion elasticity while crude recovers after a prolonged slump, prompting cross-commodity risk recalibration.

AI research summit reveals co-scientist utility but exposes reasoning fragility in complex scientific domains

AI research summit reveals co-scientist utility but exposes reasoning fragility in complex scientific domains


AI showcased promising co-research benefits at a scientific summit, yet persistent hallucinations and flawed reasoning show AI cannot replace human scientific rigor today.

S&P 500 futures stay firm in Asia session as momentum extends from strong October finish

S&P 500 futures stay firm in Asia session as momentum extends from strong October finish


S&P 500 futures held firm during Asia hours as markets attempted to extend October momentum, supported by tech leadership and calmer macro catalyst expectations.

India equities draw renewed optimism on trade alignment hopes and stronger foreign inflow appetite

India equities draw renewed optimism on trade alignment hopes and stronger foreign inflow appetite


India’s equities continue firming as investors anticipate U.S.–India trade alignment, stronger foreign inflows, sector rotation into capital goods, and November earnings upgrades.

PhonePe investor confidence strengthens as fresh secondary stake deal builds momentum before public listing

PhonePe investor confidence strengthens as fresh secondary stake deal builds momentum before public listing


PhonePe investors executed a $600M secondary deal, strengthening sentiment ahead of IPO and signaling maturing confidence in India’s scaled late-stage fintech platforms.

U.S. strategists see November as potential rally month for stocks with tech, small-caps in focus

U.S. strategists see November as potential rally month for stocks with tech, small-caps in focus


Bank of America predicts November could mark a strong U.S. equity month, favouring tech, small-caps and healthcare, and raising gold to $5,000/oz as hedge.

OPEC+ signals supply-cautious stance, plans modest December hike then Q1 pause

OPEC+ signals supply-cautious stance, plans modest December hike then Q1 pause


OPEC+ will add 137k b/d in December but then pause production increases through Q1-2026, citing seasonality and supply concerns, supporting crude around $65/bbl.

U.S. and China agree one-year trade truce including tariff cuts and rare-earth export pause

U.S. and China agree one-year trade truce including tariff cuts and rare-earth export pause


U.S. and China strike a one-year trade truce: U.S. tariffs on China cut to ~47% and China pauses rare-earth export curbs, easing global supply-chain tensions.

Indian startups raise $371 million across 30 deals, led by Snapmint and Snabbit

Indian startups raise $371 million across 30 deals, led by Snapmint and Snabbit


Indian startups raised $371 million in 30 deals last week, with Snapmint, Snabbit and PhonePe leading amid strong fintech and logistics investor interest.

Crypto market cools as Bitcoin hovers near $110 K amid institutional outflows

Crypto market cools as Bitcoin hovers near $110 K amid institutional outflows


Bitcoin trades near $110 K as major ETF outflows and whale activity test support, leaving the crypto market in consolidation amid policy uncertainty.

BPCL pivots to Abu Dhabi’s Upper Zakum for December barrels amid Russia sanctions risk

BPCL pivots to Abu Dhabi’s Upper Zakum for December barrels amid Russia sanctions risk


BPCL bought 2 million barrels of Upper Zakum for December, replacing risk-exposed Russian oil. Refiners are rebalancing toward Middle East barrels as sanctions tighten and OPEC+ fine-tunes supply.

Asia’s factory pulse cools as tariffs and weak orders dent China PMI

Asia’s factory pulse cools as tariffs and weak orders dent China PMI


Asian manufacturing conditions remained weak, led by China’s PMI at 49.0 and softer orders amid U.S. tariff headwinds. Limited tariff relief has not revived demand; policy decisions from RBA and BoE loom.

Eight NFOs line up this week with ETFs, index funds, small-cap and thematic options

Eight NFOs line up this week with ETFs, index funds, small-cap and thematic options


Eight NFOs open this week across ETFs, index funds, small-cap, thematic, and arbitrage categories. Schedules span Nov 3–21, with Angel One, Edelweiss, HDFC, Helios, Kotak, and Old Bridge leading.

Wall Street ends October higher as megacap tech lifts indices into fresh streaks

Wall Street ends October higher as megacap tech lifts indices into fresh streaks


U.S. stocks finished October with gains as tech earnings—highlighted by Amazon—drove momentum. The S&P 500 and Nasdaq extended winning streaks, aided by easing rate expectations and robust AI-linked capex trends.

Dalal Street eases at open as banks and FMCG weigh; earnings-heavy week on radar

Dalal Street eases at open as banks and FMCG weigh; earnings-heavy week on radar


Indian stocks opened lower as private banks and FMCG dragged, with traders eyeing ITC, BPCL, NTPC, Hyundai Motor India, and near-term Nifty levels around 25,300–25,500 support and 25,900–26,000 resistance.





































































































