MCX gold prices declined, losing ₹3,351 per 10 grams as traders reacted to higher US Treasury yields and Fed signals. September's gains turned into losses due to concerns over inflation and interest rate hikes, with October delivery gold closing at ₹1,51,000.

Vaishali Parekh of Prabhudas Lilladher recommends Samvardhana Motherson International, Zuari Industries, and GHCL Textiles as top stocks. She provides specific buy levels, targets, and stop-loss levels for each stock. 

Sumeet Bagadia recommends four stocks for near-term investment: Balrampur Chini Mills, Datamatics Global Services, Castrol India, and Cyient. Each stock shows positive technical setup and price momentum, with highlighted target levels and stop-loss indicators guiding potential investors.

Kian-M Export Ltd has filed a Draft Red Herring Prospectus with SEBI to raise funds via an IPO. The IPO includes a fresh issue up to ₹500 crore and an Offer for Sale of shares to fund working capital and acquisitions.

Microsoft shares rose 4% to $517.48 after a major Copilot redesign aimed at office workers. The revamped app introduces new features such as Home, Code, and Autopilot, enhancing AI capabilities to compete with rivals and focusing on corporate clients for improved AI spending management.