NSE

In the wake of the Silicon Valley Bank collapse, Union Minister Rajeev Chandrasekhar assures support to startups and investors facing difficulties in recovering their deposits and transferring funds. The article discusses potential solutions suggested by the minister and the startup community.

Get insights into the declining performance of Bajaj Finance shares in the stock market, with expert views on loan growth, competition, digital ecosystem, and target price.

Shares of Infosys, an Indian IT bellwether, hit a five-month low after the resignation of its president, Mohit Joshi. ICICI Securities notes potential vulnerabilities in the near term.

U.S. stocks closed mostly lower amid contagion risk concerns, despite efforts to protect the banking system. Interest rates and inflation outlook were reassessed after the collapse of Silicon Valley Bank and Signature Bank. Gold prices rose as the dollar index declined. Asia-Pacific markets tumbled on Tuesday due to concerns over failed banks in the U.S. Nifty fell for the third consecutive session.

YES Bank's stock price plummeted 13% as the lock-in period under RBI's Reconstruction Scheme 2020 ended, resulting in the release of shares. SBI's stake in the bank reduced to around 26%. Despite gradual improvements in asset quality, the bank faces risks, including AT-1 bonds write-down, according to analysts.

The Indian stock market is facing turbulence due to the SVB crisis and global market volatility. Bank stocks are suffering, Nifty is experiencing a bearish momentum, and investors are cautious about potential rate hikes. Stay informed to navigate this uncertain market.