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Banks' treasury gains, boosted by open market operations and softening yields in the first quarter, are expected to decline significantly in the second quarter. Rising yields and the absence of OMOs will negatively impact bond investment earnings. Analysts anticipate muted gains compared to the previous quarter, potentially leading to mark-to-market losses for some institutions.
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Adani Group shares surged following Sebi's clearance of the conglomerate and its founder from Hindenburg Research's accusations of stock manipulation and accounting fraud. The regulator found no evidence of fraudulent transactions, boosting investor confidence and adding 66,000 crore to the group's market capitalization.
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News and Media
Wyckwood House, a boutique and cocktail bar in downtown Aurora, is set to close its doors after seven years in operation.
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News and Media
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