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.

The benchmark KOSPI index plunged more than 5%, as a technology-led sell-off on Wall Street and persistent US inflation concerns heightened fears of interest rates remaining elevated.

Brazil's harvest was nearly complete by late August, adding to expectations of ample supplies

India’s Dr Reddy’s Laboratories said the US Food and Drug Administration completed a pre-approval inspection at its FTO-11 manufacturing facility in Andhra Pradesh and issued a Form 483 with two observations. The company said it will respond and address the observations within the stipulated timeline. The stock closed down 1.86% in the prior session, and the company’s market capitalisation was about Rs 98,487 crore.

India’s wheat inventories as of July 1 were up about 46% from a year earlier, with rice stocks also ample. The 2025-26 wheat output forecast was raised to 1.207 billion tonnes, nearly 10% higher than the previous year. Government procurement also strengthened, with 2026-27 purchases reaching about 33.80 million tonnes by June 15, above the year-ago pace. The government plans to release reserves via open-market sales to steady domestic food prices and curb inflation.

Shares of Indian sugar companies including Balrampur Chini, Dalmia Bharat Sugar and EID Parry climbed on Tuesday, rising as much as 9%, after global raw sugar prices surged about 4% in a single day. The price move took raw sugar to an 18-month high, lifting the near-term outlook for domestic producers. Supply concerns have intensified as Thailand’s sugar output is expected to fall 17% to below 10 million tonnes.

India’s Nifty and Sensex fell for an eighth consecutive week, marking their longest weekly losing streak in a quarter of a century. Persistent foreign outflows, Brent crude holding above $100 a barrel and the US 10year Treasury yield at its highest level since midJune 2007 have dented demand for emerging-market assets. The rupee also weakened, while markets have priced in a 25 basis point RBI rate hike to 5.50 per cent on 7 October, adding to pressure on equities.