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Bank customers must check holiday schedules before visiting branches this week. Closures will occur due to festivals and state holidays. RBI guidelines also mean branches will be shut on the second and fourth Saturdays of March. Plan your banking needs accordingly. Digital platforms like mobile apps and UPI remain active for everyday transactions. Services requiring branch visits will be unavailable.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QZgtkNH
Precious metals like gold and silver have seen significant price drops despite global uncertainties and inflation fears. This trend is attributed to a slowdown in de-dollarisation, potential interest rate hikes, central bank selling, and reduced industrial demand for silver. The war in West Asia has disrupted traditional market dynamics, leading to a bearish sentiment.
India's economy shows resilience, but the Reserve Bank of India notes rising price risks. A severe global conflict in West Asia has disrupted oil and commodity markets, causing price surges and volatility. This geopolitical shock is impacting financial systems, leading to equity market sell-offs and pressure on emerging market currencies, including the Indian Rupee.
Stock market recommendations: Coal India, and JB Chemicals and Pharmaceuticals stocks that Sudeep Shah, Head - Technical Research and Derivatives, SBI Securities recommends buying for the week starting March 23, 2026. There is also a detailed analysis on Nifty and Bank Nifty:
The selloff was triggered by the resignation of Atanu Chakraborty, who said that certain “happenings and practices” within the bank over the past two years did not align with his personal values and ethics.
