Tourism stocks rise as India-Pakistan tensions ease
Tourism stocks rose up to 10% as India and Pakistan agreed to halt hostilities, boosting market confidence. SpiceJet, Thomas Cook, and IndiGo led gains.
Indian Hotels Q4 results show growth, with revenue/Ebitda/APAT up 10/16/21% YoY. Dolat Capital reiterates 'Sell' due to rich valuations despite strong performance.
Dealers report activity in stocks like Archean Chemical, SRF, Indian Hotels, Epigral, Balmer Lawrie, and AU Small Finance Bank, with various buy and sell flows observed.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.