What The eMudhra Certificate Weakness Actually Is

In this episode of Markets Today, we decode 3 big stories — the security weakness found in eMudhra’s browser certificates, the government’s plan to cut its stake in four PSU banks to 75%, and Goldman Sachs’s Sell rating on GRSE and Mazagon Dock.

eMudhra’s Certificate Controversy Weak keys linked to eight certificate authorities could have been used to create fraudulent certificates, and Google and Mozilla have blocked the affected ones. No malicious attack is confirmed, and shares fell about 37%.

Four PSU Banks, Government Stake To 75% Central Bank of India, UCO Bank, Punjab & Sind Bank and Indian Overseas Bank may see stake cuts through QIPs or OFS to meet minimum public shareholding rules. There is no final decision on privatisation.

Goldman’s Sell On Defence Shipbuilders Goldman sees about 25% downside for GRSE and 7.13% for Mazagon Dock, with margins possibly peaking in FY27. Delayed order approvals are also a concern.