HDFC Bank’s share price plummeted by up to 9%, wiping out over Rs 1 lakh crore in market value following the resignation of its part-time Chairman, Atanu Chakraborty. Chakraborty cited ethical concerns over the bank’s practices in recent years. Interim Chairman Keki Mistry assured investors there was no power struggle and no governance issues were...Read More
Foreign investors offloaded approximately 1.77 trillion yen in Japanese stocks, marking their largest weekly sales since September 2025 due to concerns over the Iran war’s economic impact and rising energy prices. This selling spree followed a significant escalation in the Middle East conflict, impacting energy facilities and prompting the Bank of Japan to warn about...Read More
JSW Realty has partnered with the Patel family to transform their historic Malabar Court property in Mumbai into a high-end residential tower. This exclusive development, situated on a prime one-acre plot near the Malabar Hill Club, is projected to yield over Rs 2,000 crore in revenue, marking a significant venture for the JSW Group’s real...Read More
Brokerage Bernstein said HDFC Bank mishandled communication around former chairman Atanu Chakraborty’s resignation, delaying clarity and worsening uncertainty. Despite strong fundamentals, governance concerns, and leadership friction highlighted by new chairman Keki Mistry, fragile sentiment may slow investor confidence recovery.Read More
Global markets face prolonged turbulence as geopolitical conflict drives oil prices higher and weakens Asian currencies. Investors are shifting to safe haven assets like the US dollar, gold, and developed market bonds. The current environment is too volatile for long-term directional conviction, with a focus on tactical positioning and capital preservation.Read More
U.S. Treasury yields climbed on Thursday, particularly at the short end, as investors significantly reduced Federal Reserve rate-cut expectations for the year. The central bank’s hawkish stance and flagged inflation risks, exacerbated by the Middle East conflict, led to this shift. Policymakers now anticipate less easing, with investors pricing in minimal cuts by December.Read More
HDFC Bank’s shares plummeted nearly 9%, dragging the Nifty Bank index down over 3% and breaching key support levels. Other major bank stocks also saw declines, influenced by HDFC Bank’s fall and the US Federal Reserve’s hawkish stance. Investors now await the RBI’s upcoming meeting for further direction.Read More
Bitcoin and Ethereum experienced significant drops on Thursday, with Bitcoin falling nearly 4% to $71,000 and Ethereum down 5.6% to $2,193. This pullback is attributed to stronger-than-expected U.S. inflation data and the Federal Reserve’s cautious stance, impacting risk assets amid rising oil prices and macro uncertainty.Read More
Crude-sensitive stocks including airlines, paint and tyre makers fell up to 4% as Brent crude surged above $110 amid escalating geopolitical tensions. Rising oil prices are expected to pressure margins and fuel costs, with analysts warning of potential impact on India’s macroeconomic indicators if elevated prices persist.Read More
Shares of HPCL, BPCL and Indian Oil fell sharply on Thursday as crude oil prices surged past $110 per barrel amid escalating conflict involving Iran and Israel. Brokerages, including UBS, warn earnings may weaken sharply unless fuel pricing or subsidies change.Read More
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