Home bulls just waiting for the bullets to stop flying

Indian equity indices concluded FY26 with their worst fiscal performance since FY20, with the Nifty and Sensex registering losses. The outlook for FY27 is heavily dependent on the West Asia conflict’s impact on crude oil prices and the rupee, with analysts suggesting a ceasefire could trigger a recovery.

Sebi bars Elitecon and promoter for alleged price manipulation

Sebi has barred Elitecon International and promoter Vipin Sharma from the securities market for alleged stock price manipulation. The regulator ordered the return of ₹51 crore in illegal gains, citing a ‘pump-and-dump’ scheme and misleading disclosures, including a significant expansion of share capital and failure to report GST demands.

Japan to create special cell to push FDI into India

Japan’s Foreign Ministry is launching a new center to help Japanese companies invest in India. This initiative aims to overcome challenges like complex regulations and tax systems. The center will also foster cooperation in AI, startups, and critical minerals. This move supports a goal of 10 trillion yen in private sector investment by 2035.

Bitcoin holds near $67,000 despite geopolitical tensions; demand from long-term holders rises

Bitcoin held near the $67,000 level amid persistent geopolitical tensions and macro uncertainty, while mixed price action reflected cautious sentiment. Altcoins largely declined, and overall market capitalisation edged lower. Despite some recovery attempts, volatility remains elevated as investors assess inflation risks, liquidity conditions, and global policy signals.

PropShare Celestia’s Rs 244-cr IPO to open on Apr 10

Property Share Investment Trust, India’s first registered SM REIT, announced its Rs 244.65 crore IPO for PropShare Celestia will open on April 10. The issue, priced between Rs 10-10.50 lakh per unit, aims to acquire seven floors in Ahmedabad’s Venus Stratum. This SM REIT’s proceeds will fund the acquisition of a fully occupied commercial building […]