Nifty extended its gains for a second consecutive session, closing at 25,711 on Monday. Analysts anticipate a range-bound market with a positive bias, driven by domestic sector-specific momentum amidst mixed global cues. India VIX saw a slight decrease, while the rupee strengthened against the US dollar.Read More
IDFC First Bank’s stock plummeted 16% after a ₹590 crore fraud was discovered at its Chandigarh branch. This incident has significantly dented its valuation multiple, shrinking its price-book ratio to 1.3. The bank faces potential pressure on its CASA deposits as the Haryana government de-empanelled it, raising concerns for other smaller lenders.Read More
A broad selloff sent all three major U.S. stock indexes more than 1% lower by the closing bell, as risk appetite was dampened by a combination of persistent fears over potential disruption due to emergent artificial intelligence technology and Trump’s erratic statements on trade policy, which fueled much of the market volatility during the first year of the president’s second term.Read More
Indian markets enter Tuesday’s session with momentum after gains in the Sensex and Nifty, but analysts say direction will hinge on key resistance levels, volatility trends in India VIX and cues from global developments following the US Supreme Court’s tariff ruling involving Donald Trump.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
