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Factor investing targets specific factors to generate returns. Factor funds in India are low-cost index funds or ETFs. By focusing on factors like quality, value, size, momentum, and low volatility, investors can tailor portfolios to their goals. Factor investing aims to capture specific drivers of returns which have historically outperformed the market.

Hi-Tech Pipes, a steel pipes manufacturer, successfully raised over Rs 500 crore through a Qualified Institutional Placement (QIP) that closed on October 11. The QIP was oversubscribed, receiving bids of over Rs 800 crore from both domestic and global institutional investors, including Motilal Oswal Fund and SBI General Insurance.

Gold prices rise over 1% amid U.S. inflation data boosting rate cut prospects and increased safe-haven demand due to Middle East tensions. U.S. producer prices remain unchanged in September, supporting the favorable inflation outlook. Geopolitical tensions, inflation concerns, and election uncertainties are expected to push gold to $3,000 by 2025.

Brent crude oil futures settled down 36 cents, or 0.45 Percent , at $79.04 a barrel. EDT. U.S. West Texas Intermediate crude futures settled down 29 cents, 0.38 Percent , to $75.56 per barrel.

The U.S. dollar remains steady against major currencies due to economic data supporting potential Federal Reserve rate cuts. Producer prices were unchanged, and consumer prices rose slightly. Traders are also focused on upcoming data impacted by recent hurricanes. Major currencies like the euro, pound, Japanese yen, and Chinese yuan saw minor fluctuations in response.

Rashesh Shah, Chairman of Edelweiss Group, shares his fitness journey and how it has influenced his leadership style and personal life, emphasizing discipline, balance, and mental and physical well-being.

Earnings season is crucial in financial markets, impacting stock performance based on reported profits, revenues, expenses, and earnings per share. Investor decisions hinge on how outcomes meet expectations and future guidance. Market sentiment and surprises in results also play significant roles in stock price fluctuations.

PSU stocks appear technically weak, with the BSE PSU index breaking below the 200-day moving average, indicating potential underperformance. Downside risks are noted in Coal India and Power Finance, with specific target levels for short selling and stop-losses highlighted by analysts from CLSA.

Housing finance companies are anticipating a delay in the festive season demand surge due to pending government guidelines on the PMAY and Affordable Housing Refinance Scheme. The PMAY subsidy aims to provide ₹1.80 lakh for home loans up to ₹25 lakh, while the refinance scheme offers a 5% interest rate for housing loans disbursed in the past year.

The Centre has announced a buyback auction for up to ₹25,000 crore worth of government securities to be conducted by the RBI on October 17. The auction features five bonds maturing between 2025 and 2026. This follows recent successful buyback operations by the RBI since May.