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Market regulator SEBI has launched a ‘Verified App Label Initiative’ in collaboration with Google to help investors identify genuine trading and investment apps. This move aims to combat the growing menace of unregistered advisory services and digital fraud. Zerodha founder Nithin Kamath lauded the initiative as a proactive step to enhance investor protection.
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Gold and silver prices declined sharply amid uncertainty over Iran-US tensions and rising oil prices, which clouded rate cut expectations. While geopolitical risks persist, shifting monetary outlook and elevated crude prices are weighing on bullion. Analysts see continued volatility with key support and resistance levels guiding near-term price movements.
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Global brokerage Goldman Sachs has turned cautious on Indian equities, cutting its Nifty target and warning of an “energy-shock-led” earnings downgrade cycle. The firm expects higher-for-longer oil prices amid the US-Iran conflict to worsen India’s macro outlook, weaken returns and pressure corporate earnings over the next few quarters.
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Smallcap stocks witnessed sharp erosion in FY26 amid global uncertainties, valuation concerns, and risk-off sentiment. Rising geopolitical tensions, tariff worries, and higher crude prices triggered heavy selling, with several stocks seeing steep declines as investor confidence weakened and volatility remained elevated across the broader market.
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Crude oil prices surged past $100 a barrel after Iran rejected President Trump’s claims of peace talks, reversing Wednesday’s sharp decline. Markets are expected to open higher, mirroring gains in international markets. Analysts suggest limited upside potential amid ongoing diplomatic pauses and potential Strait of Hormuz disruptions.
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