Bitcoin plunged to a seven-month low near $80,000, mirroring a broader market retreat from riskier assets due to stretched tech valuations and interest rate uncertainty. Analysts warn of steeper losses if the $82,000 support breaks, though some see signs of dip-buying. Ether also experienced significant declines.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen