Indian government bonds fell sharply Monday after failed US-Iran peace talks pushed oil prices higher, triggering a global risk-off mood. The move weighed on the rupee and equities like the Nifty 50, with traders flagging renewed inflation and growth concerns. Market sentiment reversed after Friday’s bond purchases that assumed a breakthrough, and investors are now watching March inflation data.
Gold demand in India appears to soften in March after early 2026 strength. Retailers still benefited from weddings and festivals, while gold ETFs recorded strong inflows and investors stayed largely interested despite some profit-taking. Yet price swings are making buyers more cautious, even as jewellers continue expansion plans, signaling confidence in the longer run.
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Bitcoin whales have accumulated about 53,000 coins in the past week, their biggest buying spree since November, helping steady prices after weeks of sell-off. Yet wider caution among investors and net selling by large holders over the past year suggest this may be damage control, not a fresh wave of conviction.
India’s IPO market has slowed sharply as volatility and weak sentiment, intensified by global shocks like the Iran war, delay new listings. Even with a pipeline exceeding Rs 3 lakh crore, companies are taking a cautious, tactical approach. Analysts believe the lull could be temporary if secondary markets and FII inflows rebound, unlocking backlog deals and more realistic valuations.
Sebi has eased IPO-related norms, allowing firms to reduce offer sizes when market sentiment weakens amid fallout from the Iran conflict. The move gives issuers more flexibility to respond to volatility and investor caution, potentially helping deals avoid poor reception and giving companies a better path to pricing and execution in uncertain conditions.
Bitcoin is holding near $78,000 with steady ETF inflows and exchange reserves nearing record lows, pointing to sustained institutional demand. Ethereum slipped, while altcoins moved unevenly. Sentiment is steady as macro worries ease, but profit booking and futures-led momentum hint at a cautious near-term upside as traders watch resistance levels.
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Real estate transactions in Dubai dropped 14% in early April as West Asia conflict dented buyer sentiment and sharply cooled rental demand. Some smaller developers countered with discounts and more flexible payment plans, while prices largely held steady. After a ceasefire, enquiries reportedly improved, but experts warn deals may take time and prolonged tensions could trigger additional price corrections and slower activity.
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