Bitcoin experienced a surge, trading near $110,203, while Ethereum saw losses at $4,383. Analysts suggest Bitcoin is poised for a rally with strong market structure and spot demand. A whale's significant ETH acquisition signals market rotation. Metaplanet increased its Bitcoin holdings to 20,000 BTC. Despite caution, institutional interest in Bitcoin remains robust, potentially challenging previous highs as demand stabilizes.
Phoenix Mills shares rose to 1,597 on Tuesday after Motilal Oswal upgraded the stock to a buy with a revised target price of 2,044, citing strong performance across retail, office, and hospitality segments and growth initiatives in both new and mature malls.
Vikran Engineering, backed by marquee investors, is set to debut on the bourses after its Rs 772 crore IPO saw robust subscription across investor categories. Despite strong fundamentals, including a 32% revenue CAGR and a Rs 5,120 crore project pipeline, the grey market premium signals only modest listing gains. Analysts highlight growth visibility but flag working capital and regulatory concerns.
Reliance Industries shares rose over 2% after two days of losses, driven by upbeat brokerage calls post-AGM and a Morgan Stanley report highlighting RIL as a key beneficiary of Chinas anti-innovation push, supporting its energy, solar, and consumer businesses with strong long-term growth prospects.
Starting August 28, 2025, the NSE has shifted Niftys weekly expiry from Thursday to Tuesday, ending a 25-year tradition. This historic move reshapes trading strategies, accelerates weekend time decay, and redistributes volatility. While traders adjust to the change, experts believe it will enhance price discovery, boost BSE volumes, and create new strategic opportunities across Indias derivatives landscape.
Gold and silver prices are rising in Indian markets. They are close to record highs due to global uncertainty. Gold futures reached Rs 1,05,300 per 10 grams. Silver also increased to Rs 1,25,249 per kg. Experts suggest buying gold and silver on dips. They expect gold to reach Rs 1,07,000 and silver Rs 1,27,000 soon. Market trends are volatile.
