As of late October, layoffs have affected nearly 196,000 tech professionals. Intel cut 15% of its workforce, or roughly 15,000 jobs. Cisco eliminated more than 4,000 positions.

MCX gold has fallen 21.43% from its January record, settling at ₹1,42,024 per 10 grams as inflation concerns, higher crude prices and investor selling weigh on precious metals. Experts say festive demand may offer support, but advise gradual buying and watching the ₹1,40,000 support level.

Godrej Properties shares closed 4.23% lower on Friday. Analysts pointed to rising costs and mounting pressure on profitability. They said the company's long-term prospects remain fundamentally intact.

Q2FY27 results showed diverging fortunes among India’s largest IT firms. Tech Mahindra topped profit and revenue growth, HCLTech improved its outlook, and TCS led in deal wins and AI revenue scale. Infosys offered the biggest interim dividend, while Wipro reported the weakest trends in profit.

Revenue rose to ₹49,244 hundred million. Operating margin held steady at 21%.

The company is in talks to raise up to $30 billion in funding. Investors are concerned about AI spending. The company has delayed its IPO to next year.

Meta shares fell 7.5% after the company raised its capital-spending outlook to as much as $145 billion to advance its AI strategy, despite quarterly revenue exceeding expectations.

Gold and silver have fallen 3.3% and 10%, respectively, so far this month. Oil climbed above $112 a barrel amid Middle East tensions. The rise in crude strengthened expectations that the Federal Reserve will raise interest rates.

Vertis plans to file its IPO papers in December. Sponsors KKR and OTPP intend to sell a 13-14% stake. The stake is valued at more than ₹200 billion.