TGT
Target Corporation
stockNYSE

📰 Morning market news, Wed 28 Oct 2026 🌍 Global cues ▪️ Asian Markets Today: Kospi Logs Biggest Single-Day Gain In 58 Sessions On SK Hynix Results; Nikkei Rises 1.5%, Fed In Focus • Japan\'s Nikkei 225 rose 1.08%, while the broader Topix index gained 0.58%. • Broadcom shares rose around 4%, while Advanced Micro Devices (AMD) climbed 5.5% and Micron Technology gained 2.8%. ▪️ Dollar holds gains ahead of Fed policy signal, RBNZ decision • The US dollar is sticking close to a two-week high ahead of crucial central bank policy announcements. • The Federal Reserve is anticipated to maintain its current interest rates, while market watchers speculate on future actions. ▪️ Gold edges higher ahead of Fed policy decision • As anticipation builds for the Federal Reserve's interest rate decision today, gold prices have experienced a minor uptick, reaching $4,061.86 per ounce. • Market participants are keenly awaiting the Fed's report alongside crucial Personal Consumption Expenditures data that influences inflation strategies. 🛢️ Commodities ▪️ Bharti Airtel, MCX, Laurus Labs look bullish on charts: Chandan Taparia • Readers are advised to exercise discretion. • Buy BHARTI AIRTEL | CMP ₹1,978 | SL ₹1,920 | TGT ₹2,100 Bharti Airtel stock has given Flag breakout on daily chart and holding well above the same. ▪️ Oil Prices Today: Brent Crude Back Above $115; What's Driving The Rebound? • Officials from Saudi Arabia, Pakistan and Turkey held discussions with Iranian leaders on Monday as regional powers explored ways to de-escalate the conflict. • Brent, the international benchmark, was trading 1.22% higher at $115.10 a barrel at the last check. ▪️ India’s crude basket price tops $120 a barrel amid West Asia war • The current October monthly average price is the highest in 14 years since March 2012 ($123.61 per barrel). • On Tuesday evening, Brent was ruling at $114.6 a barrel. 🇮🇳 Indian market ▪️ Sensex Today | Stock Market Live Updates: GIFT Nifty down 250 points; Jio Platforms listing today • On the downside, the 22,650 - 22,700 zone is turning out to be a support cluster for the index. ▪️ Sensex today | Stock Market Live: Nifty 50, Sensex to open on cautious note; Q2 results, US Fed decision in focus • Sensex, Nifty, Share Prices Live: Gift Nifty at 22,595 signals a gap down opening of 200 points. • The focus will also be on US Federal Reserve’s policy outcome, that will be known later tonight. ▪️ Vinay Rajani expects Nifty to rally above 22,800; shares 2 stock ideas • Readers are advised to exercise discretion. • Vinay Rajani, CMT, Senior Technical Analyst, HDFC securities Nifty View After yesterday's smart recovery from lower levels, Nifty ended flat at 22,749. 🏦 Economy & RBI ▪️ Rupee edges up to 95.11 against dollar on likely RBI intervention • On Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. • The Reserve Bank of India is believed to have intervened by selling dollars to stabilize the currency. ▪️ RBI Governor Sanjay Malhotra flags need for 'prudent borrowing' as states face fiscal management challenges • RBI Governor Sanjay Malhotra urged states to improve spending quality, adopt prudent borrowing and strengthen cash management to ensure fiscal sustainability. 🏢 Companies & results ▪️ Q2 Results LIVE Updates: L&T, Waaree react to results; HUL, Adani Ent, Pidilite report today ▪️ SBI Life posts 11% growth in Q2 net profit • SBI Life Insurance has unveiled an impressive 11% net profit growth year-on-year for the September 2026 quarter, alongside an 8.2% rise in net premium income. • For the first half of FY27, net profit rose 17% to ₹1,274 crore from ₹1,089 crore in the year-ago period. ▪️ L&T profit jumps 33% on strong order inflows • Revenue for the quarter rose 16% year-on-year, reaching ₹78,750 crore, driven by progress in various projects. • The company secured orders worth ₹1,47,665 crore during the quarter, marking a 28% year-on-year growth. 🆕 IPO ▪️ M K Sons Fine Jewels IPO opens today: GMP, price band, brokerage views and key dates • M K Sons Fine Jewels plans to use ₹152.8 crore of the net proceeds to establish a new showroom in Maharashtra and expand an existing showroom in Gujarat. • Another ₹30 crore has been earmarked for debt repayment, with the balance intended for general corporate purposes. ▪️ Jio Platforms IPO listing today: Should investors chase listing gains or hold for the long term? Experts decode • With expectations of a healthy listing premium, investors are weighing whether to book short-term gains or hold the shares for long-term wealth creation. • Over the past 25 sessions, the IPO's GMP has remained volatile, moving within a range of ₹125 without showing a consistent upward or downward trend. 🏦 FII/DII (27 Oct): FII +₹4,240 cr · DII −₹1,250 cr 👉 Full stories & live market updates: follow