Gold and silver prices plunged on October 22 as escalating Middle East tensions pushed Brent crude above $111 a barrel, fuelling inflation concerns and US Fed rate hike fears. Spot gold fell 2.27% to $4,047.39 an ounce, while silver dropped 4.51% to $55.105.

Meta's ₹43,573-crore investment in Jio Platforms could be worth ₹99,846 crore at the IPO price of ₹1,119 per share, implying a paper gain of 129.1%. But how much of this gain would translate into dollar returns after accounting for changes in the rupee-dollar exchange rate?

Thirteen investors, including Meta and Google, took stakes in Jio Platforms in 2020. At the proposed issue price of ₹1,119 a share, their holdings show combined paper gains of ₹1.77 trillion.

Eternal Q2 earnings: Shares of Eternal Ltd slipped 5% intra day to Rs 305.35. Market cap of the firm stood at Rs 3 lakh crore.

HFCL shares rose 5% to Rs 268.70 against the previous cloe of Rs 255.95. Market cap of the firm rose to Rs 41,127 crore.

The lender reported a 9.7% YoY rise in net interest income (NII) to Rs 34,620 crore in the September quarter, compared with Rs 31,550 crore in the corresponding quarter last year.

Global copper supply could struggle to keep pace with rising demand from AI data centres, power grids and electric vehicles, with projections pointing to a potential 30% shortfall by 2035.

On asset quality, JM Financial said, "Asset quality deteriorated, with net slippages (annualised) rising to 2.4 per cent (1.8 per cent in Q1 FY27)."

As the IPO hits the market on October 21, it would pave the way for Rs 3.18 lakh crore in value unlocking for technology giants such as Meta Platforms and Google.