Bandhan Bank shares fell sharply after ET reported that Bandhan Financial Services is exploring long-term investor exits. Options under consideration include selling stakes to private equity or an IPO. The move aligns with regulatory mandates to reduce promoter stake and comes amid mixed quarterly performance.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

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

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

Citi Research has lowered its year-end Nifty 50 target to 27,000, citing escalating Middle East war risks impacting India’s growth and corporate earnings. Surging oil and supply shocks are worsening the economic outlook, with potential disruptions to LPG, LNG, fertilizers, and petrochemicals. The brokerage also downgraded the auto sector to ‘neutral’ due to price spikes...Read More

Adani Power’s shares rose 5% after securing a 1,600 MW thermal power supply deal with MSEDCL. The company will supply power from an upcoming ultra-supercritical project at a tariff of Rs 5.30/kWh, commencing in FY30-31. This win boosts Adani Power’s secured capacity and supports India’s thermal power expansion goals.Read More

Bitcoin and Ethereum are trading near $73,000 and $2,200 respectively, awaiting macro cues. The crypto market saw gains in the past 24 hours and week, with major altcoins also surging. Investor interest remains steady despite cautious sentiment, supported by institutional flows into U.S. spot Bitcoin ETFs.Read More

Australian shares declined as weaker commodity prices impacted miners amid investor caution ahead of a potential central bank rate hike and ongoing Middle East tensions. The S&P/ASX 200 index closed lower, with financial stocks showing gains. Miners experienced significant drops, while energy stocks saw a rise.Read More

Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator. The discussions are exploratory, following government-backed financial relief, as Vi seeks strategic investors to strengthen capital and reduce spectrum liabilities.Read More

Global markets face turbulence from geopolitical tensions and rising oil prices. Venugopal Garre advises investors to adopt a long-term perspective, building portfolios for the next 12 to 24 months. He suggests focusing on sectors that have fallen but are poised for a rebound.Read More