Bitcoin holds above $63,000 as Coldcard losses near $89 million

A sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Industries at around ₹18 lakh crore. AI disruption fears, weak technology spending and macro uncertainty continue to pressure the sector.

Gold prices remained stable as investors watched for U.S.-Iran talks. Conflicting reports emerged regarding potential negotiations between the United States and Iran. Investors are anticipating U.S. jobs reports for Federal Reserve interest rate clues. Higher rates typically pressure gold prices, which offer no interest. South Korea’s central bank plans to increase its gold holdings.

Adani Green, Groww and Laurus Labs have emerged as key stocks to watch ahead of MSCI’s August 2026 index review. JM Financial expects up to 12 inclusions and three exclusions, potentially triggering $2.3 billion in passive inflows, with index-linked buying likely to drive liquidity, institutional ownership and near-term stock movements.