The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broader market sentiment. SBI shares led the decline, while other major banks also saw significant drops. Analysts anticipate continued consolidation in the index, with key support and resistance levels identified.
New Nasdaq 100 ETF to launch soon, BlackRock fund to give investors exposure to AI-driven tech rally
BlackRock is launching the iShares Nasdaq 100 ETF to capitalize on strong demand for AI-driven technology stocks. The fund will compete with established Nasdaq-100 offerings