Overview

• Benchmark indices extended losses in the latest session, with the Nifty 50 down about 236 points to 24,655 and the Sensex off roughly 733 points to 80,426 as new US tariffs and sharply higher H‑1B fees weighed on IT and pharma.
• HDFC Bank said its DIFC branch received a DFSA direction dated September 25 restricting onboarding or soliciting clients not fully onboarded by that date and limiting services such as advising, arranging deals and custody for such clients.
• The Supreme Court reinstated approval for JSW Steel’s ₹19,700‑crore resolution plan for Bhushan Power and Steel, emphasizing deference to creditors’ commercial judgment and reversing an earlier liquidation order.
• Waaree Energies disclosed a US investigation into alleged evasion of anti‑dumping and countervailing duties by mislabelling imported solar cells as made in India, adding that it has cooperated and will continue to cooperate.
• Godawari Power & Ispat reported an internal inquiry after a furnace incident at its Raipur plant killed six people and injured others, with the company confirming the fatalities included four officials and two workers.