Investors are finding fixed income attractive amid market volatility. Basant Bafna of Mirae Asset Mutual Fund highlights appealing spreads and carry advantages. Inflows into fixed income funds are noted. The short-term outlook suggests curve steepening. Medium to long-term inflation is expected to remain anchored near 4%. Non-sovereign fixed income instruments appear particularly appealing.Read More
Fino Payments Bank shares tumbled over 19% to a record low after a report said some online gaming transactions linked to the lender may attract scrutiny from the Enforcement Directorate. The bank later clarified it is not under any ED investigation and is cooperating with DGGI Hyderabad in an ongoing GST-related probe.Read More
Digital payments giant PhonePe has postponed its planned public listing in India. Citing global geopolitical conflicts and market instability, CEO Sameer Nigam expressed hope for a swift return to peace. The company, boasting over 65 crore users and a vast merchant network, remains committed to an Indian IPO once markets stabilize.Read More
Japan’s Nikkei index dipped for a third straight day, reflecting anxieties over the Middle East crisis. Escalating tensions have fueled concerns about prolonged economic damage from soaring energy prices and a weakening yen. Investors are increasingly wary of stagflation, a scenario of rising inflation coupled with economic slowdown, impacting domestic demand sectors.Read More
Banking earnings show resilience despite economic uncertainty, with PSUs regaining market share and private banks poised for strong growth. Analysts maintain a positive view on valuations, expecting improved earnings profiles and stable asset quality to drive sector performance through FY27.Read More
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