Nvidia, Nokia shares: The US market rally on Tuesday was led by AI giant Nvidia, which made a flurry of announcements Tuesday at its GTC conference, including its partnership with Finnish company Nokia. Nvidia plans to invest $1 billion in Nokia, stating it will use the proceeds to partially fund its AI plans.

Dr Reddy's Labs was top loser in the NIFTY50 index, the stock fell 3.79% to close at ₹1,203.50 after it received a notice of non-compliance from Canadian drug authority for Semaglutide injection which is sold under the brand names Ozempic and Wegovy.

Foreign Institutional Investors purchased equities worth ₹621.51 crore on Friday, according to exchange data.

Studds Accessories IPO: The ₹455.49 crore issue, which will conclude on November 3, has set a price band of ₹557-₹585 per share, valuing it at around ₹2,300 crore at the upper end of the range. A lot consists of 25 shares.

On the Multi-Commodity Exchange, crude oil for November delivery fell by ₹32 to ₹5,340 per barrel. Meanwhile, copper futures for the November contract eased by ₹6.40 or 0.63% to ₹1,015 per kilogram.

Indices made a negative start and remained under selling pressure throughout the session, as traders were cautious after Federal Reserve Chair Jerome Powell indicated that further interest rate cuts are not guaranteed.

As per analysts, easing tensions between Washington and China further dampened gold's safe-haven appeal, especially after President Donald Trump made remarks about a possible trade deal with President Xi Jinping.

SEBI has mandated full trade delivery, same-day disclosure of deal details, and inclusion of the revised norms under both T+0 and T+1 settlement cycles.

The sharp rally in silver has led to euphoric demand for silver ETFs in India, which has spiked the premium of ETFs over their iNAVs, making the ETFs a costlier option. Experts believe the supply shortage is not a permanent phenomenon and could soon reverse, which potentially leads to losses for investors.

Automobile giant Maruti Suzuki India is set to announce its results for the September quarter on 31 October 2025. Experts anticipate a consistent performance, with revenue growth in the mid-single digits and a significant increase in profitability. Technically, Maruti Suzuki has rallied over 25% since breaking out of a year-long consolidation, and the stock is now stabilising near its record high.

Gold prices have stayed in the upper range after breaking out of consolidation in August. The sharp and relentless rally has attracted investors back towards gold. Some prefer to participate through ETFs, some through physical and others via mutual funds. While ETFs and physical gold have mirrored the gold price rise. The DSPWorld Gold Mining Overseas Equity Omni FoF has outperformed the returns of gold and equities in 2025.

The Finance Ministry is seeking public opinion on a draft bill to replace the 80-year-old Central Excise Act, which came into force in 1944. The new bill is likely to be passed in the upcoming budget session. Replacement of the archaic bill will ensure ease of doing business and bring more transparency.