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Bitcoin experienced a surge, trading near $110,203, while Ethereum saw losses at $4,383. Analysts suggest Bitcoin is poised for a rally with strong market structure and spot demand. A whale's significant ETH acquisition signals market rotation. Metaplanet increased its Bitcoin holdings to 20,000 BTC. Despite caution, institutional interest in Bitcoin remains robust, potentially challenging previous highs as demand stabilizes.
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News and Media
Phoenix Mills shares rose to 1,597 on Tuesday after Motilal Oswal upgraded the stock to a buy with a revised target price of 2,044, citing strong performance across retail, office, and hospitality segments and growth initiatives in both new and mature malls.
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Vikran Engineering, backed by marquee investors, is set to debut on the bourses after its Rs 772 crore IPO saw robust subscription across investor categories. Despite strong fundamentals, including a 32% revenue CAGR and a Rs 5,120 crore project pipeline, the grey market premium signals only modest listing gains. Analysts highlight growth visibility but flag working capital and regulatory concerns.
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