State Bank of India

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.

US markets witness sharp decline amid mixed job report and banking sector concerns. Asia-Pacific markets also affected. India's industrial output grows while new emergency loan program announced. Key data points to watch out for in the coming week.

The upcoming economic data releases include inflation, trade data, and unemployment reports from major economies like the US, UK, India, and China, as well as the ECB's decision on interest rates. Stay updated with the latest developments in the global markets.

Read about the performance analysis of Nifty 50 stocks in FY23 and the top-performing companies, as well as the impact of inflation and interest rate hikes on the market.

Explore the current subdued phase in the stock market, influenced by global volatility and domestic challenges. Gain insights into investor strategies, bond yield dynamics, and India's resilience amidst these trends.