Against this backdrop, traders are likely to monitor global cues alongside the Nifty's ability to defend its immediate support and reclaim key resistance levels.
Limited stock of Apple's iPhone Duo in India is reportedly driving buyers to grey-market sellers, who are charging up to Rs 50,000 over the official Rs 2,99,900 price ahead of the October 23 sale.
Ryanair CEO Michael O'Leary expects European airfares to rise 1020% over the next year as higher jet fuel costs, airline failures and limited seat availability put pressure on ticket prices.
While Nirmal Bang is the most optimistic among the five brokerages, with a target price of Rs 1,000, Anand Rathi and ICICI Securities have placed greater emphasis on the time required for a sustained post-merger recovery.
The current DA rate for central government employees is 60% of basic pay. The Cabinet last increased it by two percentage points in April 2026, taking it from 58% to 60%. Dearness relief for pensioners was raised by the same amount.
