Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds

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• Private Equity Fund Gates Are Features, Not Bugs

  Partners Group activated an automatic redemption cap on its $8.6 billion evergreen fund to conserve capital for investments after withdrawal requests doubled allowable limits. The restriction triggered a sharp sell-off in the Swiss manager's shares and weighed heavily on listed European private equity peers. However, the broader systemic threat remains contained because retail evergreen products represent only a sliver of the private equity market.

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• Best 3 stocks to buy: SBI, Britannia, Biocon by Ganesh Dongre of Anand Rathi | Targets, stop-loss, stock market views

  Indian equity benchmarks ended the week higher on broad sectoral gains, yet persistent global uncertainty and crude oil trading between $110 and $115 per barrel continue to pose inflation risks. Market analysts warn that key indices remain in a cautious phase, requiring decisive breakouts above major resistance levels to confirm a sustained rally. In the meantime, range-bound consolidation and volatility are expected to dictate near-term trading setups.

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• ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite

  Sharp increases in cigarette taxes coupled with an estimated eight percent volume drop are squeezing the conglomerate's most lucrative business segment. Even though three-quarters of the tobacco portfolio saw price adjustments, the measures failed to counteract the heavier duties. This core weakness will significantly compress company-wide margins despite resilience across consumer goods.

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