Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm.
As Samvat 2081 concludes in the green, investors are optimistic about brighter gains in Samvat 2082, reaffirming the importance of patience in equity investing. Gold prices edged higher amid global uncertainties and festive demand, while Donald Trump’s comments on maintaining “massive” tariffs on India over Russian oil imports stirred geopolitical chatter. Back home, RBL Bank shares surged after analysts raised earnings estimates post its mega Emirates deal. Major banks – ICICI and HDFC – posted strong Q2 results, while IndusInd and Federal Bank surprised with losses. In corporate updates, Tata Trusts is considering the renewal of trustee terms for Venu Srinivasan and Mehli Mistry. On the global front, China’s economic slowdown deepened, Trump confirmed that the Gaza ceasefire remains intact, and AWS restored services after a major outage. Meanwhile, Bengaluru police filed a case against Ola CEO Bhavish Aggarwal following an engineer’s suicide.
Markets wrap up Samvat 2081 in green; investors eye brighter gains in Samvat 2082
Samvat 2081 has ended on a positive note, reinforcing an important lesson for investors — the value of patience in equity investing. As markets prepare to usher in Samvat 2082, sentiment has turned optimistic, with expectations that the rewards of this patience may finally begin to unfold in the new year.
Gold prices rise amid global tailwinds, investors eye festive season buying
Gold prices in India edged higher on Monday (October 20), supported by expectations of further US interest rate cuts and global economic uncertainties. As of today, 24-karat gold is trading at ₹13,069 per gram, 22-karat at ₹11,980, and 18-karat (999 gold) at ₹9,802 per gram.
Donald Trump vows to keep ‘massive’ tariffs on India until Russian oil imports cease
President Donald Trump reiterated on Sunday that Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did not do so. “I spoke with Prime Minister Modi of India, and he said he’s not going to be doing the Russian oil thing,” Trump told reporters aboard Air Force One.
RBL Bank share price target, earnings estimates raised by analysts after mega Emirates deal
Shares of Mumbai-based private sector lender RBL Bank Ltd. are trading with gains of 7% higher on Monday, October 20, after the bank announced its earnings for the second quarter of the financial year 2025-26 (Q2FY26).
Q2 Results Highlights: Strong show from ICICI, HDFC as Federal, IndusInd deliver surprise loss
India’s leading banks posted mixed second-quarter results, with HDFC Bank and ICICI Bank outperforming estimates, while IndusInd Bank reported a surprise loss. HDFC Bank’s net profit rose 10.8% year-on-year to ₹18,641 crore, beating forecasts, driven by higher income and improved asset quality. ICICI Bank reported a 5.2% rise in profit to ₹12,359 crore, also topping expectations, as gross NPA declined to 1.58%.
Tata Trusts to consider renewal of terms for two trustees at Sir Dorabji Tata Trusts: Sources
Tata Trusts has issued a circular seeking the renewal of Venu Srinivasan’s term as a trustee of the Sir Dorabji Tata Trusts. All trustees are required to give their approval for the renewal before October 23, sources close to the Tata Group told CNBC-TV18. Mehli Mistry’s term is also expected to come up for renewal soon.
Bengaluru Ola engineer dies by suicide, note accuses Bhavish Aggarwal of harassment
Bengaluru Police have registered a First Information Report (FIR) against Ola Electric CEO Bhavish Aggarwal and another senior company official following the death by suicide of 38-year-old engineer K Aravind. The case has been filed under Section 108 of the Bharatiya Nyaya Sanhita (BNS), which pertains to abetment of suicide.
Chinese economic slowdown worsens with growth weakest in a year
China’s economy slowed for a second straight quarter to grow at the weakest pace in a year, with a boost from booming exports undermined by consumers and companies cutting back on spending.
Trump says Gaza ceasefire still in force after Israeli strikes
US President Donald Trump said on Sunday (October 19) that a ceasefire in Gaza was still holding after Israel carried out deadly strikes on the territory over alleged truce violations by Hamas.
‘Fully mitigated’: AWS says cloud services restored after major outage
Amazon’s cloud infrastructure AWS has said that services are back after a major outage that disrupted business across industries worldwide for a few hours on Monday, October 20. Although the underlying issue that caused the outage is not clear yet, the company stated it has “fully mitigated” the issue.
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