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Shares of Au Small Finance Bank Ltd.(up 6.19 per cent), IndusInd Bank Ltd.(up 1.21 per cent), HDFC Bank Ltd.(up 1.1 per cent), Axis Bank Ltd.(up 0.76 per cent) and IDFC First Bank Ltd.(up 0.7 per cent) ended the day as top gainers in the pack.

Jyoti Structures Ltd.(up 2.49%), CESC Ltd.(up 0.76%), ACME Solar Holdings Ltd.(up 0.32%) and Power Grid Corporation of India Ltd.(up 0.20%) stood among the top gainers.

Shares of Sobha Ltd.(up 0.76 per cent) and Brigade Enterprises Ltd.(up 0.3 per cent) ended the day as top gainers in the pack.

cryptocurrency developed by Pi Network, has recently transitioned to its open mainnet on February 20, 2025, enabling external transfers and exchange listings. This significant milestone has led to Pi Coin being listed on major crypto exchanges, including OKX, Bitget, and CoinDCX, facilitating increased accessibility for trading. The launch has generated substantial interest, with Pi Coin's price experiencing notable volatility. A surge of over 35% in the last 24 hours, bringing its total gains since launch to 326%, amid speculation about a potential Binance listing. But does this mark the beginning of a true crypto revolution, or is Pi Coin still a speculative asset?

«Now, one could argue that post COVID we have seen fairly good growth in the mid and small pockets and which is possibly now normalising, but also the flows have been extremely strong in that particular segment and if you were to look at very long-term returns and valuation charts, we can clearly see that these tend to mean revert and our sense is that mean reversion could even sharper if the flows were at risk at some point in time,» says Christy Mathai, Quantum AMC. Firstly, help us with your take on the markets going under the correction mode and do you believe that the bottom could be near, we might be hitting the bottom anytime soon or do you believe that the pain can elongate for a little longer time than now? Christy Mathai: So, our sense of the markets is let us say from the peak of the market, Sensex would have fallen by about 12% near about and if you look at some of the broader indices, the fall could be much higher. So, if you were to look at the very large universe of the stocks which is listed today, almost 70% of them would have fallen by about 30% or more from their peaks. So, it looks like some correction has gone in in that broader markets but if you were to just look at the valuation standpoint, let us say a midcap index versus largecap index one year forward, so that number is still at a premium of 37%.

shares fell sharply on Thursday as U.S. President Donald Trump's plan for a 25% tariff on cars and other goods from the European Union and the region's vow to counter «firmly and immediately» fanned fears of an escalating trade war. The pan-European STOXX 600 index has retreated 0.7% as of 0813 GMT, after closing at a record high in the previous session.

Bitcoin has fallen sharply, dropping over 20% from its January peak of $109,350, raising concerns about whether the crypto market has entered a bear phase. On Thursday, February 27, Bitcoin hit an intraday low of nearly $83,000 before recovering to around $85,000. The sell-off has wiped out nearly $300 billion in market value, leading to increased volatility and investor anxiety.

The NSE Nifty 50 Index has lost 14% from its peak in September as investors grew skeptical of the market’s steep valuations, with corporate earnings and economic growth starting to disappoint. In recent days, the India NSE Volatility Index also slid, on falling demand for options betting on moves in the benchmark equity gauge, which comprises mostly India’s heavyweights.

Hemang Jani remains bullish on InterGlobe Aviation-owned IndiGo over SpiceJet amid the limited options in the listed aviation space. In a recent ET Now interaction, Jani reaffirmed his preference for InterGlobe over competitors like SpiceJet, citing operational transparency and growth visibility as key factors. Jani pointed out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning.

«We need to watch the net FII futures index positioning also, where they have been holding the highest short position on record and does that really see a significant reduction because then that would signal a change in stance from the institutional player, but so far that is the setup,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. This particular series has not been that great for all the bulls out there. We have been testing lower lows for ourselves. But what are the cues for the next expiry and what kind of a rollover data you are reading into? Rohit Srivastava: Some reduction in the total futures open interest when we actually look at the final data and that would give us a sign that some level of capitulation actually ended up happening because even at the end of last month, there was some reduction, but it did not really take the positioning down to new lows.

Pranav Gundlapalle, Senior Research Analyst, Sanford C Bernstein, says they prefer banks over NBFCs, and among banks, private banks over public ones. This is because public sector banks are heading towards a situation where their loan growth will match their deposit growth. The market hasn't fully accounted for it yet. This is why he prefers large private banks over public sector banks. Gundlapalle further says for the first six months, the main driving factor for the banking sector will be asset quality. So, while it does not get worse, the pain could last for a couple of more quarters. Over 12- to 18-months, liquidity will be the biggest driver for the various banks. If liquidity improves, the ones which are starved for liquidity, like Axis and HDFC will do a lot better. If it remains tight, the ones with more buffers will chug along. But for the overall sector to do well, liquidity improving will become the key. Let us first start off with what is happening within private banks and what do you think the pecking order is looking like right now because there has been quite a bit of rotation of late. Pranav Gundlapalle: The way we are seeing it is a reversal of the tightening moves that RBI used over the last 12 to 18 months.

cryptocurrency market faced renewed volatility, Robert Kiyosaki, the author of Rich Dad Poor Dad, took to X (formerly Twitter) to reaffirm his bullish stance on Bitcoin, calling the price decline an opportunity to buy more. Reacting to Bitcoin’s drop, Kiyosaki posted a strong statement, arguing that the problem isn’t Bitcoin itself, but the global monetary system and traditional banking institutions.

Robert Kiyosaki has once again voiced his bullish stance on silver, calling it the best investment opportunity at the moment in his recent post on social media platform X, suggesting that while gold may surge past $3,000, silver is the asset to watch for explosive gains. “When gold goes through $3,000 a new all time high…my sources say SILVER will take off. Silver is the best investment at the best price. Silver is still about 50% below its all time high,” said Kiyosaki in his post.

Nikkei share average edged up on Thursday, rebounding from its declines in previous sessions, but gains were limited as chip company Advantest fell despite a strong growth forecast by its client Nvidia. The Nikkei was up 0.15% at 38,198.96 by the midday break, while the broader Topix rose 0.49% to 2,729.63.

Wipro will be in focus on Thursday after the company announced that it will invest USD 200 million (approximately Rs 1,740 crore) into its subsidiary, Wipro Ventures, to boost funding for startups in the technology innovation space. This marks the fourth funding round for Wipro Ventures since its inception a decade ago, aimed at accelerating investments in early to mid-stage startups, according to a company statement.

Tata Power shares will be in focus on Thursday after the company signed an MoU with the Assam government at Advantage Assam 2.0 to develop up to 5,000 MW of renewable energy projects in the state. The initiative, which includes solar, wind, hydro, and energy storage projects, involves an estimated investment of Rs 30,000 crore over the next five years. As part of this collaboration, the Assam Government will facilitate the identification and allocation of approximately 20,000 acres of encumbrance-free government land on a lease basis and assist in acquiring private land suitable for solar, wind, hydro, and energy storage projects.

SpiceJet will be in focus on Thursday after it turned profitable in the third quarter that ended December 2024 on the back of strong passenger demand and improved operational efficiency. The profit for Q3 stood at Rs 26 crore as against a loss of Rs 300 crore a year ago. The airline’s total revenue surged by 35% to Rs 1,651 crore.

KPI Green Energy shares will be in focus on Thursday after its parent company, KP Group, signed an MoU with the New and Renewable Energy Department, Government of Madhya Pradesh to develop 1.8 GW of renewable energy projects in the state. «We are delighted to inform that KP Group has inked a Memorandum of Understanding with the New and Renewable Energy Department, Government of Madhya Pradesh at the Global Summit – 2025 held in Bhopal on February 24, 2025, for setting up of various solar/wind/hybrid/BESS/Biomass based projects aggregating to 1.8 GW in the state of Madhya Pradesh,» the company said in an exchange filing.

last month's launch of Chinese startup DeepSeek's low-cost model that raised fears of overspending.

Gold prices edged higher on Thursday as concerns persisted over U.S. President Donald Trump's tariff plans, while investors awaited a key inflation report to assess the Federal Reserve's policy path.

U.S. dollar firmed above an 11-week trough on Thursday as vague pledges from President Donald Trump to impose tariffs on Europe and further delays to levies planned for Canada and Mexico stoked uncertainty. The euro steadied after falling further from a one-month high of $1.0529 in the previous session, as traders took a wait-and-see approach to Trump floating on Wednesday a vague 25% «reciprocal» tariff on European cars and other goods.