BSE’s Sensex fell 770.4 points or 1.29% to close at 58,766.5. NSE’s Nifty dropped 216.5 points or 1.22% to end at 17,542.8. Mid- and small-cap shares ended higher, bucking the weakness in blue chips. The Mid-cap 150 and Small-cap 250 indices advanced almost 0.3% each.
Stablecoins fuel liquidity, not yet money: Mike Dolan
The U.S. “Genius Act” has legitimized stablecoins, fueling debate on whether their $250B market will stabilize Treasuries or trigger systemic risks. Proponents see demand support,