Market finding support, signs of near-term stability emerging: Amnish Aggarwal

The market shows signs of consolidation, with Starlink entering India and partnering with Bharti and Jio, potentially benefiting existing telecom operators. Concerns over IndusInd Bank’s stock drop and faith issues remain, highlighting broader challenges in the banking sector. The article also examines the impact on MFI-exposed banks and potential recovery amid economic changes. The market shows signs of consolidation, with Starlink entering India and partnering with Bharti and Jio, potentially benefiting existing telecom operators. Concerns over IndusInd Bank’s stock drop and faith issues remain, highlighting broader challenges in the banking sector. The article also examines the impact on MFI-exposed banks and potential recovery amid economic changes.  Economic Times