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Search and rescue operations for a helicopter that went missing while flying over Indonesia's Borneo island with eight people, including an Indian national, on board continued on Tuesday. The Estindo Air BK 117 D3 helicopter - carrying eight people, including a pilot, an engineer and six passengers - lost contact on Monday near Mandin Damar Waterfall, Mentewe, in South Kalimantan province, Indonesian news agency Antara reported. Indian national Santha Kumar was among the passengers, the report said. Others on board were identified as Captain Haryanto, Eng Hendra, Mark Werren, Yudi Febrian, Andys Rissa Pasulu, Claudine Quito, and Iboy Irfan Rosa. The aerial search involves two helicopters operating in shifts to ensure safety, as simultaneous deployment in the same area could endanger the joint search and rescue team, I Putu Sudayana, head of the Banjarmasin Search and Rescue Agency, said. In addition to the aerial search, a ground team of 140 personnel from various agencies and local volunteers has been deployed. The joint team is covering a 27-square-kilometre search area in coordination with air support, the report said.

Railway and defence stocks staged a rebound in Tuesday’s trade, sparking debate over whether the bounce was sustainable or merely a technical blip. Market experts noted that valuations in these pockets remain elevated, but recent corrections have opened selective opportunities.Narendra Solanki, Head of Equity Research at Anand Rathi Shares & Stock Brokers, told ET Now that the long-term investment story in sectors such as defence, electronics manufacturing, renewable energy, and the emerging battery energy storage (BESS) space remains robust.“Over the next 5–10 years, the growth runway for these sectors is very strong. Corrections only make stock-specific opportunities more attractive. Investors can use such phases to accumulate quality names,” Solanki said.Banking Pack Shows ResilienceMeanwhile, the banking and financial space also drew investor interest. The Nifty Bank index held steady, while PSU banks saw a 1% uptick with Union Bank, Indian Bank and IOB among the notable gainers.According to Solanki, the sector’s strength will be driven largely by retail-focused franchises. “In the second half of the financial year, the two key themes are rural growth and consumption revival. Rural demand is already strong and urban consumption is also improving gradually. Retail-oriented banks and NBFCs are well placed to capture this trend,” he explained.Within the banking basket, Solanki expressed a preference for PSU lenders over private peers, citing attractive valuations and improving balance sheets. In the non-banking space, he highlighted names such as Bajaj Finance and Cholamandalam as well-positioned plays on the retail credit cycle.The Road AheadWith global uncertainties still weighing on sentiment, investors appear to be shifting focus back to domestic growth drivers. Sectors aligned with government spending—such as defence and railways—alongside rural demand and consumption-led financial plays, are emerging as favored bets for the months ahead.

Bitcoin surged nearly 3% to trade near $110,203 on Tuesday. Meanwhile, Ethereum extended losses to trade at $4,383.“Bitcoin remains poised for a potential rally as market structure strengthens and spot demand builds. After a brief consolidation phase, liquidity indicators suggest renewed upward momentum. With institutional inflows picking up and volatility compressing, this dip is viewed as an attractive accumulation opportunity. We maintain a bullish mid-term outlook, expecting BTC to break higher as buying pressure accelerates,” according to Parth Srivastava, Head of Quant, 9Point Capital’s Research Team.Also Read | Top 10 mutual funds to invest in September 2025Another analyst says that BTC moved between $107,200 and $109,900, consolidating after the recent dip and the $105,000–108,000 zone is acting as a crucial support, while $110K remains the key resistance to reclaim. “With September historically soft for BTC, a sustained move above $110K could open room toward $115K, while a breakdown below support risks a deeper slide toward $100K. A Bitcoin whale has been accumulating billions of dollars’ worth of ETH, surpassing the second-largest corporate treasury firm. A Bitcoin whale worth over $11 billion sold another $215 million worth of Bitcoin to buy $216 million worth of spot ETH on the decentralized exchange Hyperliquid,” CoinSwitch Markets Desk said.At 10:26 AM IST, Bitcoin was trading at $110,242, up by 2.62% over the past 24 hours and by nearly 0.15% over the past week. Ethereum, on the other hand, was trading at $4,383, down by 0.12% in the past 24 hours and by 1.23% over the last seven days.According to CoinMarketCap data, the crypto sector’s overall market capitalisation stood at around $3.81 trillion on Tuesday.According to CoinSwitch Markets Desk, the growing whale demand for ETH is signaling the market’s natural rotation into ETH and other altcoins with more upside potential. In acquisition news, Metaplanet acquired 1,009 BTC for approximately $112 million, bringing the Japanese firm’s total holdings to 20,000 BTC.What other experts sayAvinash Shekhar, Co-Founder & CEO, Pi42Bitcoin is holding near $110K, but the footing looks fragile as whales shuffle positions and on-chain flows raise caution. Yet beneath the surface, institutional appetite remains resilient U.S. spot ETFs saw fresh net inflows, and Japan’s Metaplanet lifted its holdings past 20,000 BTC, reinforcing long-term conviction. While markets warn of a potential ‘Red September,’ these structural signals suggest the bull case is far from over, with room for Bitcoin to challenge previous highs once demand steadies. Ethereum has ceded some ground in recent sessions, while Solana and Dogecoin are quietly gaining traction. Meanwhile, XRP’s muted consolidation could be the calm before a breakout, with on-chain data hinting at a possible march toward double-digit levels.Also Read | 13 smallcap mutual funds never posted negative returns in last 5 calendar yearsVikram Subburaj, CEO, Giottus.comBitcoin is holding near $109,000 in a fragile consolidation after last week’s sell-off. Flow and options signals show fading conviction, with puts priced ~7% over calls. Roughly $390M in leveraged longs will turn vulnerable if price slips below $107,000.Safe-haven demand is spilling on-chain as tokenized gold has hit a record ~$2.57B market cap. This is led by XAUT’s ~$437M August mint and PAXG’s ~$141M addition since June, while spot gold trades near $3,500.