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US equity futures saw moderated declines amidst President Trump's consideration of military support for Israel against Iran. Markets displayed uncertainty, with potential US involvement and energy-driven inflation posing risks. Brent crude experienced a fall, while the yen strengthened against the dollar, reflecting investor caution.
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News and Media
Indian banks are facing a significant slowdown in earnings growth, potentially halving to 6.5% in FY26 due to a cautious economy and reduced core profits. Muted credit demand, high deposit costs, and RBI's measures to control unsecured lending contribute to this deceleration. However, a rebound to 16.1% is expected in FY27 with anticipated rate cuts and improved demand.
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News and Media
Siemens Energy India debuted on the stock market at 2,840 per share. This followed its separation from Siemens. The stock reached 2,982 during the day. It closed at 2,760 with a market capitalisation of 98,289 crore. Analysts predict strong earnings growth for Siemens Energy. They cite the transmission and distribution sector's expansion.
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News and Media
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