GST 2.0

Markets slip again as Nifty falls below 23,000, marking its fifth straight weekly loss. Broad-based selling hits auto, PSU banks, and midcaps, while IT stocks offer limited support. Catch Lovisha Darad in conversation with Vishnu Kant Upadhyay, Assistant Vice President – Research & Advisory at Master Capital Services Limited and Kranthi Bathini - Equity strategist at WealthMills securities pvt ltd

In Latha & The Leader Axis Bank’s Amitabh Chaudhary tells Latha he sees no impact of war yet on loan growth or quality; but admits deposit crunch will trim margins. Beyond the near term Chaudhary is looking to list 2 entities: Axis Finance & Axis Max Life Insurance and get the group ready to offer a full suite of products

Global markets remain volatile amid rising Iran tensions and mixed signals from the US. Trump delays strike decision by 10 days as talks continue, while oil stays above $105. Wall Street tumbles, Asian markets trade weak, and GIFT Nifty signals a gap-down start. Can Nifty hold 23,000?

US President Donald Trump has claimed that Iran has agreed not to pursue nuclear weapons, calling it a “big present” and saying the United States is now in its “best bargaining position” with the ability to control outcomes it wants. However, Iran has denied holding any talks with the US as the conflict drags into its fourth week. Trump has also amplified Shehbaz Sharif’s mediation offer to help resolve the Middle East crisis, while reports suggest Washington has sent a 15-point proposal aimed at ending the war. Meanwhile, Iran claims that the US and Israel struck the Bushehr Nuclear Power Plant again, even as Tehran reportedly allowed the passage of non-hostile vessels through the Strait of Hormuz. Asian markets traded higher, with South Korean stocks leading regional gains, while Japan’s Nikkei 225 and Hong Kong’s Hang Seng Index rose in the range of 1–3%. US futures moved higher after a weak Tuesday session on Wall Street, where the Dow Jones Industrial Average slipped 0.1%, the NASDAQ Composite dropped 0.8%, and the S&P 500 fell 0.3%. In commodities, Brent Crude declined 6% to fall below $100 per barrel after Trump signalled possible talks with Iran. Back home, foreign institutional investors were net sellers of equities worth ₹8,009 crore on Tuesday, while domestic institutional investors net bought shares worth ₹5,867 crore. Meanwhile, GIFT Nifty indicates a positive start for Indian markets.

Description Indian markets witness a strong relief rally after Donald Trump’s de-escalation remarks ease geopolitical concerns. The Nifty 50 reclaims the 23,000 mark on weekly expiry while the BSE Sensex surges over 1,400 points, rising around 2%. All sectoral indices trade in the green with strong buying in broader markets. Banking and auto stocks lead the gains as market breadth remains positive with 43 Nifty stocks advancing. Meanwhile, oil prices move back above $100 per barrel after Iran rejects Trump’s claims, keeping global markets cautious.