Bitcoin surged past $71,000 for the first time in four days, climbing as much as 3.1% to $71,775. This rally, alongside equities, followed easing concerns over the Iran conflict after US President Donald Trump’s comments. Other cryptocurrencies, including Ether, also experienced gains.
IT stocks in focus after Oracle’s strong results; Nuvama says valuations now attractive after correction
Indian IT stocks may remain in focus after Oracle reported stronger than expected quarterly results and raised its revenue outlook. Nuvama said the recent 20%