Escalating Iran tensions and oil above $110 have triggered a risk-off selloff in Indian markets, with Sensex crashing and Rs 13 lakh crore wiped out amid FII outflows, rupee weakness, and rising inflation fears.Read More
Zomato has increased its platform fee, aiming for better profits. This move puts it ahead of rival Swiggy in charges. Analysts believe this will boost Zomato’s earnings without hurting customer demand significantly. Competition in quick commerce is also intense, but players are focusing on expansion rather than just price wars. Demand for food delivery remains strong.Read More
British 10-year government bond yields rose on Monday to their highest since July 2008 at 5.065%, up 6 basis points on the day, as markets priced in four Bank of England interest rate rises for this year.Read More
Despite recent stock dips, Jefferies maintains a positive outlook on Paytm and Pine Labs, citing strong growth forecasts and attractive valuations. Both companies are targeting over 20% revenue growth and margin expansion, driven by network expansion and new initiatives. Jefferies reiterates ‘Buy’ ratings, though target prices are adjusted.Read More
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