A reduced majority, or even a loss for the Bharatiya Janata Party (BJP) in Haryana and Jammu & Kashmir (J&K) state elections is unlikely to ruffle the markets much, suggest analysts.

As thing stand, the markets, they said, have much bigger things to worry about such as the developing geopolitical situation in West Asia and its impact on oil prices, outcome of the US presidential polls in November and the upcoming corporate results season back home. Monetary policy of the global central banks, too, will be keenly eyed.

India’s benchmark indices fell nearly a per cent on Friday in a topsy-turvy session to cap their worst weekly performance in more than two years.

A deepening conflict in West Asia triggered risk-off bets from global investors and raised the risk of a runup in oil prices.

India’s foreign exchange reserves jumped by $12.6 billion to cross $700 billion for the first time after reporting a steady climb for seven straight weeks, according to the Reserve Bank (RBI).

The overall kitty swelled by $2.838 billion to touch $692.296 billion during the previous week.

The Public Accounts Committee (PAC) of Parliament has decided to review the functioning of top regulatory authorities in the country and has called heads of Sebi and TRAI for deposition on October 24.

Top officials of the Ministry of Finance, (Department of Economic Affairs) and Ministry of Communications have also been asked to appear before the key parliamentary panel.

At least 28 naxals killed so far in the encounter with Police in ​​the Maad area on the Narayanpur-Dantewada border. A huge amount of automatic weapons were recovered. The gunfight broke out at around 1 pm in the forest between Thulthuli and Nendur villages in Abhujmaad on the Narayanpur-Dantewada inter-district border, when a joint team of security personnel was out on anti-Naxal operation, Inspector General of Police (Bastar Range) Sundarraj P told PTI over the phone.

Polling for all the 90 Assembly seats in Haryana began on Saturday morning amid tight security arrangements, officials said.

The fate of Chief Minister Nayab Singh Saini, Congress leaders Bhupinder Singh Hooda and Vinesh Phogat, besides the JJP's Dushyant Chautala and 1,027 other candidates, will be decided in the polls in which more than two crore people are eligible to vote.

Jio Financial Services’ joint venture with BlackRock to enter the mutual fund (MF) space in India has received the nod from the Securities and Exchange Board of India (Sebi), the company stated in an exchange filing on Friday.

The market regulator granted an in-principle approval on October 3.

Leader of Opposition in the Lok Sabha on Friday alleged that the "disease of unemployment" spread by the BJP has put the security of Haryana and the future of the youth in "deep danger", and asserted that a Congress government will ensure that employment returns and every family is prosperous in the state.

Gandhi shared on X a video of his interaction with a group of women during his recent Vijay Sankalp Yatra.

The Supreme Court on Friday (October 4) ordered the formation of an independent Special Investigation Team (SIT) to probe the controversy surrounding the Tirupati Laddu. The investigation will be overseen by the director of the Central Bureau of Investigation (CBI), Bar and Bench reported.

"In order to assuage the feelings of crores of people, we find that investigation by an independent SIT consisting of representatives of state police, CBI, and FSSAI, shall be done," the Court stated.

Ten people were killed and three injured when a truck collided with a tractor trolley carrying labourers in the district early Friday, police said.

The incident took place around 1 am on G T Road between Kachhawan and Mirzamurad areas on the Mirzapur-Varanasi border, Superintendent of Police (Mirzapur) Abhinandan said.

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