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The Credit Suisse and SVB banking issues are causing some nervousness in the market, as the consequences of a lack of lending to small and medium businesses could have a domino effect on the global financial market. Regional banks play a very important role in the SME lending of the US, and if all those companies are to see a credit crunch, the recession that the US, the Fed wanted, is probably going to happen in an unruly way.

Bullish ABC breakout suggests follow through moves on P&F chart.

Investors should wait and watch before investing in technology stocks as there are concerns about the economy and banking sector in the US. There is also a risk of volatility. However, if the economy slows down further, then technology stocks may be a good investment. Infy is down 4% from its 52-week lows, but the author thinks that it is still a good buy.

Petronet LNG, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 35677.50 Crore) operating in Gas & Petroleum sector.

Gold prices ticked up on Friday as investors flocked to the safe-haven metal in the face of the global banking crisis. The metal is set to rise about 2.8% this week. Large U.S. banks injected $30 billion in deposits into First Republic Bank on Thursday, swooping in to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-size U.S. lenders over the past week. The European Central Bank raised interest rates

The investment may be followed by another promoter funding round, apart from a much larger debt-raise, sources added. It is likely to be used for purchase of 5G telecom gear as Voda Idea has not yet proceeded with deployment of the high-speed network even as Reliance Jio and Airtel have started offering consumer services.

The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.

Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week. The collapse of Silicon Valley Bank (SVB) and Signature Bank sent the U.S. and Swiss governments scrambling to shore up liquidity at banks, and this has caused investors to flee assets such as commodities. This has kept oil prices from recovering, and they are still

While core inflation may remain sticky, the crash in Crude oil prices could help RBI dial down its inflation forecast by as much as 50 basis points to justify a pause.

The resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.