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Even if a deal is struck before the last minute, the long uncertainty could drive up borrowing costs and further destabilize already shaky financial markets. It could lead to a pullback in investment and hiring by businesses when the U.S. economy is already facing elevated risks of a recession and hamstring the financing of public works projects.

Several large global structured credit and special situations funds are among potential bidders for the distressed airline. However, it is unlikely there will be many bidders for the airline, so all efforts are being made to bring in a good strategic investor through the National Company Law Tribunal route.

​Nifty has a strong base around 18,050, which also coincides with the support zone of the short-term moving average. Its sustainability would fuel gradual recovery and help the index to retest 18,500- 18,700. In case of a breakdown, 17,850 would offer cushion.

Transworld holds a 70.44% stake in SSL. The delisting is expected to give Transworld greater operational and financial flexibility. The price for the delisting will be determined through the reverse book-building mechanism. NovaaOne Capital is the manager of the delisting process. The delisting is subject to various conditions.

Sachin Saluja, a CA student in 2014, became interested in finance after attending a class on derivative trading in Delhi. Eventually, his passion for trading overtook his interest in finance and he is now a full-time trader, earning 90-95% of his profits by betting on index falls, known by the community as a "bear". Saluja uses directional trading and focuses more on bearish trades as down moves are faster. His trading strategies have given him consistent profits.

The Securities and Exchange Board of India (SEBI) proposed in a consultation paper late on Sunday that if a share in the futures and options segment falls or rises by 10% a day, trading would be suspended for an hour, up from the current 15 minutes, and then allowed to move only a further 2%, down from the current 5%.

InterGlobe Aviation, SpiceJet, Jet Airways, and Global Vectra Helicorp are companies listed on Indian stock exchanges. InterGlobe Aviation has a 55.7% market share, SpiceJet has 6.9%, and Jet Airways is currently non-operational due to financial problems. Emkay Global Financial Services has recommended purchasing shares of InterGlobe Aviation with a target price of Rs 2,700. The last traded price of its shares was Rs 2,264.35. Global Vectra Helicorp issued shares for Rs 185 but its last traded price was Rs 59.45. SpiceJet was traded at Rs 29.20 with a 52-week high and low of Rs 52.45 and Rs 26.35, respectively.

The Reserve Bank of India (RBI) is expected to maintain its pause on monetary tightening through FY24, despite markets anticipating rate cuts. Soft inflation, real policy rates above 1%, easing external balance pressures and global monetary tightening at its peak have signaled a dovish turn by the RBI MPC, but concerns over monsoon and oil prices and resilient growth could cause further pause. Liquidity conditions are expected to ease in 2QFY24 with government spending trends continuing, but tighten yet again in 2HFY24 with seasonally higher currency in circulation leakage. The focus is on how the RBI will manage liquidity conditions and policy stance.

Six of the top 10 most valued companies witnessed a decrease of Rs 70,486.95 crore in their market valuation last week. The weak trend in equities caused Reliance Industries and Tata Consultancy Services (TCS) to suffer the biggest loss. ICICI Bank, Hindustan Unilever, Infosys and Bharti Airtel were the only gainers while Reliance Industries continued to dominate the list of most valued firms followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, HDFC Bank, and Bharti Airtel.

Several popular companies such as ONGC, M&M, Vodafone Idea, HUDCO, Shree Cements, BPCL, LIC, Nykaa, and Hindalco among others, are expected to release their quarterly earnings report later this week. The list of companies to report their results on each day include names such as Ashok Leyland, Sun Pharma, Aditya Birla Fashion and Retail, Grasim Industries, Radico Khaitan, Finolex Industries, and Hindustan Tin Works amongst others, during the period of May 22-27.