Fuel Cycle, a US-based AI-powered consumer insights and market research platform, today announced the opening of its Global Capability Center (GCC) in Navi Mumbai, marking an expansion of the company's global technology and product operations. Located in Vashi, Navi Mumbai, the center will serve as a strategic hub for Engineering, AI and Product Development. The GCC is being set up with an initial planned capacity of 50, with room to scale further over the coming quarters. The company aims to invest in scaling the centre, which is expected to become a key part of FuelCycle's global product and technology organization.

As India celebrates Ganesh Chaturthi and prepares for Navratri, the Nuts and Dry Fruits Council (India) [NDFC(I)] is encouraging households to rethink festive indulgence through its #SwapTheSweet campaign, promoting nuts and dry fruits as nutritious alternatives to sugar-heavy traditional treats. 

The initiative comes amid growing conversations around reducing sugar consumption and making informed food choices. Built around the philosophy of “NUTS. NUTRITION. NATION.”, the campaign seeks to make healthier eating part of India's celebrations without taking away the flavours, memories and traditions that make festivals special.

“Indian festivals have never needed more sweetness, they've always had plenty. What we're rethinking is where that sweetness comes from. Less sugar this year. More nuts and dry fruits,” said Mr. Rajeev Pabreja Treasurer and Mewa Chair at NDFC(I).
 

Olyv, India's leading digital lending platform, announced the appointment of Ravi Sharma as its Chief Financial Officer (CFO). With over 17 years of industry experience, Ravi will lead Olyv's financial strategy as the company accelerates its growth journey.

At Olyv, Ravi will be responsible for driving financial strategy, capital planning, risk governance, and long-term value creation as the company continues to expand its suite of financial products and services.

Prior to joining Olyv, Ravi served as the Chief Financial Officer at Finova Capital, where he played a pivotal role in shaping the company's financial foundation and growth trajectory. Joining Finova during its early stages, he spent years leading key financial initiatives, successfully closing five equity funding rounds and onboarding 50 lending partners, helping transform the company into a well-established financial institution.

India's fuel-tech and mobility infrastructure platform Nawgati has crossed 3.5 million users, easing fuel station congestion for drivers across the country. Fuel station queues remain a daily reality across India, where drivers can spend close to an hour waiting during peak hours. For commercial drivers who depend on time on the road for their income, this translates directly into lost earnings. The problem is compounded by a lack of real-time visibility; drivers often have no way of knowing which stations are congested, running low on fuel, or best avoided until they arrive. Nawgati was built to close this information gap, using data and technology to make fuel retail more predictable for the people who rely on it most.

India has been dealing with geopolitical tensions, higher energy prices and pressure on trade. Yet growth has not collapsed. Read full report here

Pravin Tambe, Senior Vice President, Winjit Technologies

The rise of AI is changing how people manage money online. With AI engines we can observe user behavior compare choices, spot fake activity and start financial tasks with very little help from humans. This could mean more personalized ways to bank and pay on the web. As these AI systems grow more independent the way we verify identity must also change. Simple one-time checks might not be enough for every action. Tools like intelligence, context-aware authentication and risk-adaptive authentication can look at many things,  like how a user behaves what device they are using, where they are, what kind of transaction it is and their past habits. This allows security measures to react to the risk in each moment, adding extra steps when needed but letting trusted actions go smoothly.

Harish Vatnani, Head of Trade, ZebPay

"The crypto market edged 0.5% higher to $3.03 trillion, with Bitcoin and Ethereum leading the move as overall sentiment remained firmly in Greed territory. Bitcoin continues to dominate the market with a 57.4% share, while Ethereum accounts for 11.1%.

Institutional accumulation also remained in focus. Strategy added another 950 BTC, worth around $75.7 million, taking its total holdings to 846,000 BTC at an average purchase price of $75,416 per coin, according to its September 21 filing. Spot Bitcoin ETFs saw $364.4 million in net inflows, equivalent to roughly 4,210 BTC, with $3.74 billion in trading volume. Cumulative net inflows have now reached $56.98 billion, while total net assets stand at $107.86 billion.

In derivatives, Bitcoin open interest increased 0.85% over the past 24 hours. Binance retail traders remained net short on BTC, while whale positioning showed a slight increase in longs, pointing to a mixed positioning picture across market participants.

Overall, the market continues to show underlying strength, backed by steady institutional demand and strong ETF flows. However, the divergence between retail shorts and increasing whale longs suggests positioning remains cautious, leaving room for higher volatility as traders watch whether spot demand can sustain the next leg of the move."

Purvang Mashru, Lead Analyst, BitDelta India

Bitcoin Holds Near $86,600 as XRP Leads a Selective Crypto Advance

Bitcoin traded near $86,594, gaining 0.9% over the past 24 hours, while Ethereum rose 0.5% to approximately $2,767. Seven of the top ten large-cap crypto assets moved higher, producing an equal-weight return of around 1.1%. The market remained positive, although participation narrowed from yesterday, when all of the top ten assets advanced.

XRP led the move with a 4.5% gain to around $1.589, followed by Cardano at 3.4% and Dogecoin at 2.4%. Solana gained 0.7%, while TRX declined 1.2%, Avalanche fell 0.5% and BNB slipped 0.4%. The dispersion suggests that capital continued to move into selected higher-beta assets, but the recovery was no longer uniform across the large-cap segment.

Bitcoin traded between approximately $85,168 and $86,697 before finishing just 0.1% below its 24-hour high. It closed 93% of the way through its low-to-high range, while Ethereum and Solana also retained more than 90% of their respective ranges. This indicates that buyers largely maintained control into the end of the period. However, gains across all three assets remained below 1%, making this a signal of price retention and consolidation rather than a fresh acceleration.

Institutional demand provided a supportive backdrop. The latest fully reported US fund session recorded approximately $999 million of net inflows into spot Bitcoin. This indicates stronger institutional participation.

In a separate market-structure development, Circle announced that Binance purchased a $100 million stake in Circle through a private placement of Class A common stock and entered an expanded five-year commercial arrangement to promote USDC. The partnership could strengthen stablecoin distribution and exchange access over time.

From a technical perspective, Bitcoin's immediate support sits near $86,000, followed by $85,500 and the 24-hour low around $85,168. Resistance is visible near $86,697 and $87,000. Holding above $86,000 while at least seven large-cap assets remain positive would strengthen the continuation case. A break below $85,500 alongside breadth falling to fewer than five advancing assets would weaken the setup. For XRP, resistance sits near $1.606, while support is visible around $1.55 and $1.50. The next confirmation would require Bitcoin to clear recent resistance while participation broadens beyond the current group of leaders.

CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive. Read full report here

Great Place To Work India's latest study, "The Missing Middle: Redesigning how women build and sustain career momentum," draws on 22 lakh employee voices across 20 industries and finds that women's representation falls from 28% at the individual contributor level to 22% among frontline managers and 17% at mid-management. The report identifies this "collision zone" between career and life stages as a key challenge for organisations, with women accounting for nearly a quarter of the workforce but only 16% of executive positions.

Gaurav Udani, Founder - Thincredblu 

"Nifty is expected to open around 23,280, down by nearly 40 points, indicating a weak start. After the recent volatility, the immediate support is around 23,200-23,250, while 23,500-23,600 remains the key resistance zone.

The market continues to remain cautious, and the near-term view is sell on rise as long as Nifty trades below 23,600. Any recovery towards 23,500-23,600 can see selling pressure. However, if the index holds 23,200-23,250 and shows strength, we could see some short-covering and recovery during the session.

A decisive break below 23,200 can bring further weakness, while a sustained move above 23,600 would change the near-term setup. Overall, I would remain cautious and let price action around these key levels provide access to action."

Riya Sehgal, Research Analyst, Delta Exchange

Crypto markets have strengthened meaningfully, with Bitcoin leading the move after briefly pushing above $87,000, its highest level since January, before settling back near the mid-$86,000s. The advance has been supported by a combination of stronger institutional demand, short covering and a more favorable risk backdrop, including softer oil prices and some easing in Treasury yields.
ETF flows have been a major part of the story. U.S. spot Bitcoin ETFs drew roughly $999 million in net inflows on September 21, marking their strongest daily inflow since October 2025. Ethereum ETFs also saw approximately $270 million in net inflows during the same session.
Derivatives positioning added further momentum to the rally. More than $1 billion in crypto positions were liquidated, with around $844 million coming from shorts, creating additional forced buying as Bitcoin moved through key resistance levels.
From a technical standpoint, Bitcoin remains above its major moving averages, but the recent surge has left momentum relatively stretched. The $87,000-$87,500 area is the immediate resistance zone, while $84,000-$85,000 is the first key support region. Ethereum is also maintaining a firm structure around $2,750, with $2,775-$2,825 acting as the next important resistance band.
Crypto markets have strengthened meaningfully, with Bitcoin leading the move after briefly pushing above $87,000, its highest level since January, before settling back near the mid-$86,000s. The advance has been supported by a combination of stronger institutional demand, short covering and a more favorable risk backdrop, including softer oil prices and some easing in Treasury yields.
ETF flows have been a major part of the story. U.S. spot Bitcoin ETFs drew roughly $999 million in net inflows on September 21, marking their strongest daily inflow since October 2025. Ethereum ETFs also saw approximately $270 million in net inflows during the same session.
Derivatives positioning added further momentum to the rally. More than $1 billion in crypto positions were liquidated, with around $844 million coming from shorts, creating additional forced buying as Bitcoin moved through key resistance levels.
From a technical standpoint, Bitcoin remains above its major moving averages, but the recent surge has left momentum relatively stretched. The $87,000-$87,500 area is the immediate resistance zone, while $84,000-$85,000 is the first key support region. Ethereum is also maintaining a firm structure around $2,750, with $2,775-$2,825 acting as the next important resistance band.
...

Avinash Shekhar, Co-Founder & CEO, Pi42

"The latest move in crypto market is a good example of how quickly sentiment can change when geopolitical uncertainty starts to ease. Bitcoin moved back above $86,000 after briefly crossing $87,000, while Ethereum, XRP and Dogecoin also gained. President Trump's comments about a "very good" meeting with Iran have helped reduce some of the immediate uncertainty around the situation, giving markets room to reassess positioning.

What is particularly interesting is that Bitcoin is holding well above the $84,500 area identified as a strong support zone. Open interest has also increased, while whale positioning on Binance has edged higher even as retail derivatives traders remain net short. This combination suggests that larger participants are gradually becoming more constructive, while the broader market is still waiting for confirmation before taking a more aggressive position.

The move is also broadening across major digital assets. Ethereum is trading around $2,700, while XRP and Dogecoin have continued to hold their recent gains. The fact that these assets are participating alongside Bitcoin is important because it points to improving market-wide participation rather than a move concentrated in a single asset.

From here, Bitcoin's ability to hold above $84,500 will be an important indicator. If geopolitical tensions continue to ease and this support remains intact, the market could gradually turn its attention toward the next major resistance zones. More importantly, the current setup shows how quickly liquidity and sentiment can shift when a major macro uncertainty begins to fade, making the coming sessions important for determining whether this recovery can broaden further."

Vikram Subburaj, CEO, Giottus.com

Indian bullion investors enter Wednesday with gold consolidating while silver retains stronger momentum. On MCX, October gold settled at Rs 1,52,716 per 10 grams on Tuesday, down 0.25%. December silver closed 0.24% higher at Rs 2,39,888 per kg.

The weekly picture is more revealing. Gold has gained 1.26% since September 15. Silver has advanced 3.35%. Silver's outperformance reflects stronger momentum, but investors should recognise the additional risk. Tuesday's silver contract moved across a range of almost Rs 4,840 per kg. That is a reminder that sharp rallies can also produce difficult drawdowns.

Gold is facing pressure from elevated interest rates. The US Federal Reserve raised its policy rate to 3.75-4% last week. Its projections leave room for another increase this year. Higher yields can limit demand for non-interest-bearing bullion. Geopolitical uncertainty continues to provide underlying support.

The rupee strengthened to Rs 95.59 against the dollar on Tuesday. A stronger domestic currency reduces the landed cost of imported bullion. This partly explains why MCX gold remained subdued despite continued demand for defensive assets globally.

For Wednesday, gold has immediate support near Rs 1,51,500. The next important level is Rs 1,50,000. Resistance is visible around Rs 1,53,500, followed by Rs 1,54,600. Silver has support near Rs 2,35,500-Rs 2,36,000. A sustained move above Rs 2,40,500 could open the way towards Rs 2,43,000.

Investors should avoid chasing silver after rapid gains. Position sizes should remain modest because futures are leveraged. Long-term gold buyers can stagger purchases instead of committing capital at one price.

Vikram Subburaj, CEO, Giottus.com

Bitcoin is trading near $86,500 after gaining almost 14% over the past week. The immediate driver is the return of institutional demand. US spot-Bitcoin ETFs attracted nearly $1.96 billion over four trading sessions through September 22. Spot buying has strengthened, while traders who had bet on lower prices were forced to close their positions as Bitcoin crossed $80,000. This added momentum to the rally.

The recovery is also spreading beyond Bitcoin. XRP and Solana have gained about 23% and 22%, respectively, over seven days. Ethereum is up nearly 15%. This suggests that investors are gradually becoming more willing to take risk across the crypto market.

However, leverage and profit-booking have increased with prices. The US Federal Reserve has also raised its policy rate to 3.75%-4%. The approaching US inflation and employment releases could therefore produce sharp moves.

Our advice: Investors should avoid chasing the market after a rapid rise. Those seeking exposure can stagger purchases and keep position sizes modest. Bitcoin holding above $83,000-$85,000 would strengthen the breakout. A fall below this zone could trigger a deeper pullback towards $80,000.

Hemang Gor, Senior Research Analyst - Technical and Derivatives Research, Axis Direct

The Nifty 50 snapped a four-session winning streak on Tuesday succumbing to a second-half reversal on the day of the NSE's weekly derivatives expiry, slipping 85 points to 23,329. Despite opening higher in tandem with global peers, the benchmark indices surrendered all intraday gains due to selling in the IT sector, completely neutralizing the positive macroeconomic relief of crude oil falling below the $100 mark. Overnight, Wall Street diverged: the Nasdaq rose 0.45% to a second straight record at 27,244 as chipmakers extended their rally, the S&P 500 ended flat, and the Dow slipped 0.36%.

In Asia, the Kospi is up 0.3% ahead of its Chuseok break and the Hang Seng is down by almost 1%; Japan remains shut for the Autumnal Equinox holiday and reopens Thursday. Brent has eased towards $98 a barrel over five sessions on hopes of US-Iran diplomacy, offering some relief to India's import bill, though prices remain elevated. GIFT Nifty trading at 23,345, suggests a gap down open by about 55 points.

The undertone stays cautious as long as the index trades below 23,500, the zone that capped Tuesday's advance; a sustained move above it opens 23,650. Immediate support rests at 23,200, and a break would expose 23,000. Bias: mildly cautious at the open, traders must avoid catching falling knives in the IT sector and utilize any structural dips to strictly accumulate domestic-facing sectors like Realty and Pharma until clear directional momentum emerges.
 

Akshat Siddhant, Lead quant analyst, Mudrex

Gold steadied above $4,350/oz, holding its ground while oil extended its decline to a sixth straight session. Meanwhile, Fed officials kept striking a hawkish tone, with markets now pricing in 90% odds of a December hike. Silver bucked the trend, climbing above $67/oz for a second session. Crude fell below $90/barrel as diplomatic developments improved supply expectations. Iran offered to reopen the Strait of Hormuz within a week if the US eases its blockade, while Saudi Arabia's damaged pipeline has resumed pumping, with meaningful flows targeted by Saturday. The rupee strengthened to around Rs 95.65/$, supported by the continued decline in oil prices.

Mudrex
Bitcoin is stabilising around $86,000 after US spot Bitcoin ETFs recorded their largest single-day inflow in 11 months, at $999 million. The move also pushed BTC above its 365-day moving average for the first time since March 2023. Interestingly, on-chain data shows unusually little profit-taking for a move this size, though the Coinbase Premium Index remains negative, suggesting this rally has leaned more on futures and ETF flows than organic spot buying so far. The most significant near-term catalyst is tomorrow's Trump-Xi summit, with Polymarket pricing a 92% chance of a US-China tariff agreement by year-end. Immediate resistance now sits at $87,000, with support moving up to $85,000. A sustained move above $89,000 could open doors towards the $100,000 mark said Prateek Gupta, Head of Business, Mudrex.

CoinSwitch
BTC surged to $87.4K, its highest level since January 2026, as strong institutional demand and short liquidations accelerated the move. U.S. spot Bitcoin ETFs recorded nearly $999 million in net inflows on 21st September, led by major issuers including BlackRock and Fidelity, while roughly $648 million in short positions were liquidated. Improving macro conditions, including softer oil prices and increased U.S. Treasury buybacks, also supported risk appetite. The key question now is whether ETF inflows remain sustained. Continued institutional accumulation could keep $100K in focus, while fading flows may see BTC consolidate around current levels said Balaji Srihari, VP - Business, India, CoinSwitch

Nischal Shetty, Founder, WazirX

"The broader crypto market is trading with a positive bias, with total market capitalization rising toward $2.93 trillion and 24-hour trading volume at approximately $110.73 billion.

Bitcoin is trading near $86,304, up 0.93%, while Ethereum is relatively steady at $2,749, gaining 0.21%. Solana has advanced 0.58% to around $118, XRP is the standout performer, climbing 4.77% to approximately $1.58. 

Derivatives positioning supports this contrast. Bitcoin open interest has increased by only 0.38%, suggesting that its price recovery is not being accompanied by a significant buildup of fresh leverage. XRP open interest, however, has risen by 6%. This could amplify XRP's momentum but also increases the possibility of volatility and leveraged liquidations. 

Bitcoin spot ETFs recorded a daily net inflow of $364.4 million, equivalent to roughly 4,210 BTC, alongside $3.74 billion in trading volume. Their cumulative net inflows now stand at $56.98 billion, with total net assets of $107.86 billion. Ethereum ETFs also registered a net inflow of 25,700 ETH, worth approximately $70.7 million at the prevailing market price. However, ETH gained only 0.21%, indicating that positive institutional demand has not yet translated into equally strong price momentum.

According to analysts, BTC long positions may be maintained by futures traders only while price holds above $85,000. A confirmed four-hour close above $87,500 could strengthen the case for continuation toward $88,500-$90,000. ETH longs may be maintained above $2,700, a four-hour close above $2,820 could support movement toward $2,850-$2,900. Short positions become technically stronger only after BTC closes below $85,000 or ETH below $2,700, preferably with rising volume and open interest.

Market sentiment has entered the Greed zone, with the Fear and Greed Index at 76. Meanwhile, the Altcoin Season Index stands at 50, indicating that the market remains evenly balanced between Bitcoin and altcoins."

A 50% fall in one stock does not mean a 50% fall in portfolio. If a stock accounts for 10%, and its price falls 50%, the impact on portfolio is 5%. Read full report here

At the close on Tuesday, the total market cap of all BSE Sensex companies stood at Rs 4,80,29,038.