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“The near-term market construct is clearly ‘advantage bulls.’ There are many factors going in favour of the bulls like strong Q3 GDP numbers (2.6%) in the US, easing recession fears, indications of declining inflation and expectations that the Fed might pause rate hikes in Q1 of 2023,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

To cater to rising demand in the winter schedule which begins from October 30, SpiceJet and IndiGo have received approval for their proposals to take planes on wet lease.

According to Cyber Media Research (CMR), Apple iPhone shipments in India during the July-September quarter increased 8% on-year and a sharp 44% sequentially to 1.7 million units on account of aggressive discounts on the back of a strong demand for premium smartphones.

"The bigger opportunity going forward is to find a way to drive incremental engagement on the platform and get monthly active users growing again and improve monetization since growth is slowing."

We are of the view that as long as the stock is trading above 795, the uptrend wave is likely to continue. Above this, it could move up to 840-860. On the flip side, below 795, positional traders may prefer to exit from the trading long positions.

The company has reserved 50% of shares for qualified institutional buyers, whereas non-institutional investors will get 15% of shares. The remaining 35% of shares have been allocated to the retail bidders.

The Bank of Japan announces its monetary policy decision on Friday, and looks set to maintain its ultra-low interest rates, putting further pressure on the yen as a result of growing interest rate differentials with the rest of the world.

The European Central Bank raised interest rates by 75 basis points on Thursday and put the reduction of its bloated balance sheet on the agenda, but said "substantial" progress had already been made in its bid to fight off a historic surge in inflation.

Apple notched growth in most operating regions and product categories and released an earnings statement that contained no obvious red flags and showed the company still able to notch broad-based revenue growth.

The disappointing outlook comes as Meta is contending with slowing global economic growth, competition from TikTok, privacy changes from Apple, concerns about massive spending on the metaverse and the ever-present threat of regulation.