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"The Nifty is at around 17,400 now. Two, one and a half years back it was at a similar level. It has just stuck around there, whereas the US markets have corrected, etc. So that is the thing. If you look at the valuation in 26 indices that we are looking at, India would be very rich in terms of relative valuation, about 50% higher than the average in terms of the average PE ratio that we are looking at."

SVB claimed its deposits were dropping faster than expected owing to increased spending by clients, mainly technology and healthcare startups

The Flipkart IPO has been in the works since the last few years and it was earlier reported that the company is eyeing a listing on Wall Street

The Nifty Pharma index closed 0.14 per cent down at 11683.95.

India’s green bond offerings in current fiscal consist of 5-year and 10-year tenor ones, totaling Rs 16,000 crore. Green bonds are part of country’s plan to fund the switch to clean energy

The largest token fell as much 2.1% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on Thursday. Ether added to losses and smaller coins like Solana and Cardano struggled for traction.

Bharti Airtel is expected to benefit from an improving tariff outlook and a probable duopoly in the telecom sector. The company has seen significant market share improvement among its 4G user base and the share gains are likely to accelerate in 5G rollout. Jefferies has upgraded Bharti Airtel to "buy" with an upside potential of 16% from the current levels on expectations that hikes in voice tariffs and improving tariff outlook should aid the telco.

Swarup Mohanty advises investors to continue their SIPs and stay invested, as the market will eventually correct itself. Mohanty also discusses the current global market conditions and how they may affect India. He believes that the market is beginning to become fairly valued, and that Indian markets are still relatively stable.

Bear rampage saw the stock nosedive 60% in trade on Thursday and wiped out over $80 billion of its market value.Not only the shares, but even the bond prices of the group collapsed and created a panic in the market.

The board has declared an equity dividend of Rs 30 per share in the past 12 months, resulting in a yield of 1.05%. Shares of the company are traded 0.48% lower at Rs 2,848 apiece on NSE