Hello and welcome to our Friday edition of 11:11 (TGIF)!

Today, we look at the sharp swing in Indian IT stocks on false tariff scare after reports wrongly attributed to Bloomberg, with the network clarifying it has not reported US plans to impose tariffs on India’s IT sector, Reliance drawing bullish calls, and gold rallying, gearing up for its best weekly performance in three months.

We also put the spotlight on how banks brace for a tough quarter ahead, the widening gap between the equity markets of China and India, plus some key updates on insurance, pensions, and geopolitics.

By: Akashdeep Baruah