The Closing Auction Session faced volatility as weekly derivatives contracts expired in Indian markets. Nifty surged over 300 points and then dropped significantly while Sensex also fluctuated. This market movement occurred due to falling Brent crude oil prices and global market cues. Investors remained cautious ahead of the RBI policy decision on inflation and potential tightening.

4G mobiles make a comeback on costlier 5G smartphones
https://timesofindia.indiatimes.com/business/india-business/4g-mobiles-make-a-comeback-on-costlier-5g-smartphones/articleshow/134753200.cms

India is experiencing a noticeable slowdown in the shift to 5G smartphones due to rising costs. As a result, the demand for 4G devices is increasing, especially in the Rs 10,000-20,000 segment. More smartphone brands are now offering 4G models as consumers seek better specifications without the 5G price tag. Analysts indicate that this shift to 4G may persist as component costs remain high.

Cabinet OKs 10,000 crore SME growth fund
https://timesofindia.indiatimes.com/business/india-business/cabinet-oks-10000-crore-sme-growth-fund/articleshow/134753423.cms

The Union Cabinet has approved the establishment of a Rs 10,000 crore SME Growth Fund for small and medium enterprises. This initiative aims to provide equity, liquidity, and professional support to foster growth. Existing funds typically support early-stage micro enterprises, leaving a gap for SMEs needing growth capital. The fund will focus on enterprises in Tier II and Tier III industrial clusters.

Brent crosses $101 as Saudi attacks, US storm add to oil supply concerns
https://timesofindia.indiatimes.com/business/international-business/brent-crosses-101-as-saudi-attacks-us-storm-add-to-oil-supply-concerns/articleshow/134753570.cms

Rising oil prices, now exceeding 1%, raise alarms over potential storm disruptions affecting U.S. oil production and refineries. With Brent crude passing $101 per barrel and WTI crude hitting $90.38, concerns are amplified by supply issues from Saudi Arabia and mixed signals on U.S. inventories. Coupled with ongoing tensions between Saudi Arabia and Yemen's Iran-aligned Houthis, analysts predict sustained high prices unless significant diplomatic progress is made.

Top stocks to buy today: What are the stock recommendations for October 7, 2026?
https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-october-07-2026-zensar-technologies-netweb-technologies-india-nippon-india-etf-nifty-it-best-stocks-to-buy-today/articleshow/134754071.cms

Stock market recommendations: Zensar Technologies, Netweb Technologies India, and Nippon India ETF Nifty IT - these are the top stocks to buy today on October 7, 2026 as recommended by Mehul Kothari, DVP of Technical Research at Anand Rathi Shares.

Stock market today: BSE Sensex down 400 points, NSE Nifty50 holds near 22,600
https://timesofindia.indiatimes.com/business/india-business/sensex-stock-market-today-07-october-2026-live-updates-nse-bse-gift-nifty-50-top-gainers-losers-mcx-stocks-in-focus-market-news/liveblog/134754942.cms

Amazon Prime becomes 'permanent home' for Emmy Awards as 'Wheel Deal' system ends
https://timesofindia.indiatimes.com/business/international-business/amazon-prime-becomes-permanent-home-for-emmy-awards-as-wheel-deal-system-ends/articleshow/134754577.cms

The Emmys are set to make a major shift by 2027, transitioning entirely to streaming on Amazon's Prime Video. This move marks the end of a long-standing tradition of major networks sharing broadcast duties. For global audiences, the awards ceremony will be accessible live and free of charge without needing a Prime subscription, showcasing the industry's response to changing viewing preferences.

Man’s VRS payout of Rs 65.21 lakh taxed as salary; ITAT Pune says it is capital receipt
https://timesofindia.indiatimes.com/business/india-business/man-opted-for-vrs-after-employer-shut-plant-got-rs-65-21-lakh-and-reported-it-as-advance-salary-in-itr-section-89-relief-was-denied-but-itat-pune-later-ruled-it-a-non-taxable-capital-receipt/articleshow/134744200.cms