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Brent futures rose 72 cents or 1.02%, to $71.30 a barrel by 0015 GMT, while U.S. West Texas Intermediate crude futures also rose 72 cents, or 1.1%, to $67.90 a barrel.

Just because something has happened in a company, if they don t have debt, material debt, that might have no impact for a rating agency at all. Stock price might react for many reasons. That does not mean that every agency involved needs to put out something, says Amish Mehta, CEO, Crisil.

Last season, a single cancelled match led to claims of around Rs 16 crore to Rs 17 crore, forcing insurers to revise the pricing of risk. Event cancellation policies, once priced at approximately Rs 40 lakh to Rs 45 lakh, are now being re-priced to factor in the losses. Franchises, which previously took cover for around Rs 2 crore premiums, now face costs of Rs 4 crore to Rs 5 crore. The Board of Control for Cricket in India (BCCI), which organises the IPL, faces costs of roughly Rs 5 crore to Rs 6 crore per match.

This follows a ratings downgrade by Icra, which alleged the clean energy firm falsified debt-servicing documents. Sentiment worsened after its promoters sold shares in the open market during the crisis. The stock had shot up 2,600% between 2022 and 2024.

Rating officials said that while they took note of the Reserve Bank of India s statement over the week-end that the bank was well-capitalised, they would keep a track on the bank s security prices, liquidity position, reports of any deposit withdrawal, and assess the bank and its promoters ability to raise equity.

Today, gold appears to have the edge over equities across both near-term and long-term horizons. But this comparison is coming when gold is scaling fresh peaks, even as equities have lost steam, observes Niranjan Avasthi, SVP, Edelweiss Asset Management.

The price that investors are paying for anticipated earnings from the Magnificent Seven companies hit the lowest level since September this week as the broader S&P 500 dropped 10% from its recent peak.

​​The outlook is bullish because the Nifty is not reacting adversely to the fall in the US markets and an unsystematic risk arising after a disclosure from a private bank in India.

Marcellus Investment Managers’ PMS AUM fell 64% to Rs 4,734 crore. Founder Saurabh Mukherjea welcomed criticism, citing past failures as learning experiences. The fund’s consistent compounders portfolio delivered a 17.4% CAGR, aligning with EPS growth. Marcellus acknowledged valuation missteps but expects a recovery.

Valuation guru Aswath Damodaran warns India faces more global resistance in its growth journey than China did. Rising trade uncertainties, driven by US tariffs, threaten market stability. Global indices, including Nasdaq, have reacted sharply, while Indian investor sentiment weakens amid FII outflows.