Shibani Sircar Kurian says: “So far earnings have been predominantly led by domestic businesses, which are still holding up well. The second sector, which has also been a key contributor to earnings has been the banking sector. Incrementally, we are seeing some degree of margin pressure and therefore, you need to moderate earnings from that perspective.”
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest