Vodafone Idea gained fresh hope after the Supreme Court allowed a review of its AGR dues, sparking optimism over government relief, though analysts warn high debt and execution risks remain.Read More
Bitcoin fell 1.4% to $113,873, retreating from $115,000 as traders turned cautious ahead of the FOMC meeting. Ethereum dropped 3.6% to $4,096, and major altcoins slid over 4%, dragging the global crypto market cap down 1.35% to $3.84 trillion.Read More
Metal stocks extended their rally, lifting the Nifty Metal Index for a fifth consecutive session amid strong global prices, renewed foreign inflows, and bullish technical signals. Analysts cite resilient domestic demand, policy support, and company-specific upgrades as key drivers, though some caution that overbought conditions could prompt short-term profit-taking.Read More
MCX shares fell 2.2% to ₹9,105 after the exchange halted trading due to technical issues. The start time was revised multiple times, from 9:30 am to 10:30 am, but trading hadn’t resumed as of 11:53 am, according to company updates.Read More
India’s eyewear giant Lenskart is preparing for a highly anticipated IPO. However, investors should be aware of significant risks. The company’s valuation appears stretched, with profitability modest compared to its market expectations. Dependence on raw materials and suppliers, alongside geopolitical factors, presents challenges. Regulatory uncertainty, including ongoing ED scrutiny, adds another layer of concern.Read More
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