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Edelweiss Financial Services divests 4.4% stake in its EAAA Alternatives India
EFSL, in a regulatory filing, said this placement marks an important milestone in EAAAs journey towards listing and reflects strong investor confidence in the platform
Warburg Pincus backed Truhome Finance files DRHP with SEBI for a 3000 crore IPO
Warburg Pincus IPO comprises a fresh issue of equity shares of face value 10 each aggregating up to 1500 cr and an OFS of equity shares of face value 10 each aggregating up to 1500 cr
Nifty 50 Turns 30: CEO highlights 43.6% market share as of Feb 2026 reflects Indias economic rise
Market Trading Guide: Apollo Pipes among 3 stock recommendations for Tuesday
Sensex and Nifty plunged nearly 2% as rising crude oil prices, weak global cues and escalating West Asia tensions triggered heavy selling. Foreign fund outflows and a weaker rupee added pressure. Analysts recommend Apollo Pipes, Aurobindo Pharma and Tata Steel for potential short-term gains.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian stocks extended losses as the Middle East conflict pushed crude prices near $120, raising inflation and growth concerns. Analysts say pharma and IT buying offered some support, while markets remain volatile with key Nifty support seen around 23,700.
US-Iran war: Sebi chief advises investors to remain calm amid market turmoil
Sebi chief Tuhin Kanta Pandey urged investors not to panic amid global market turbulence caused by the US-Iran conflict. He highlighted Indias strong fundamentals, Niftys long-term resilience and the growing investor base supporting the countrys expanding capital market ecosystem.
US stocks slump, GIFT Nifty down nearly 100 points. How will stock market react on Tuesday?
Indian markets are set to open lower as weak global cues, falling US stocks and rising crude prices trigger risk aversion. Escalating Middle East tensions and supply concerns push oil higher, increasing inflation fears. Analysts expect volatility with Nifty likely trading within a cautious range.
IPO-bound Flipkart shifts domicile to India
IPO-bound Flipkart has shifted its domicile to India, having secured government nod for an internal restructuring that now makes Flipkart Internet the holding entity of the Group.
NHAI-backed Raajmarg InvIT to launch 6,000-crore IPO on March 11
Issue priced at 99-100 per unit; InvIT to hold five toll road assets across four States under the ToT model
NSE to appoint merchant bankers for IPO in March as listing gathers pace
The NSE is set to appoint merchant bankers in March for its long-awaited IPO, reviving plans for a potential $2.5 billion offer for sale after years of regulatory delays and governance concerns.
First IPO from Gift City rescheduled amid Middle East uncertainties; to open March 16
The company had initially planned to open the issue on March 6, but ongoing conflict between Iran and US-Israel prompted a delay to reduce potential market volatility and ensure smoother participation from international investors
Middle East shipping disruptions propel aluminium to four-year highs
Aluminium prices hit four-year highs on Monday as fears of prolonged shipping disruptions in the Middle East due to the U.S.-Israeli war against Iran fuelled concerns about supplies of the metal.
XED Executive Development delays GIFT City IPO launch amid Mideast conflict
India's XED Executive Development, which was slated to be the first company from GIFT City to go public, said on Monday it has rescheduled its new public offering to March 16 due to the ongoing conflict in the Middle East region.
Warburg Pincus-backed Indian mortgage lender Truhome Finance files for $325 million IPO
Warburg Pincus-backed mortgage lender Truhome Finance has filed for a 30 billion rupees ($325 million) initial public offering, its draft prospectus showed on Monday.
KaarTech raises $11 million in Series B funding led by Playbook Partners
KaarTech said it plans to use the funds to expand its enterprise operating system platform across applications, data and cloud
Rupee cost of crude hits historical peak as oil hits $120
As the US-Isreal-Iran war rages on with no end in sight, crude has soared over 64% to $120 a barrel from $73, just before the start of the war
Brokers call: InterGlobe Aviation (Buy)
We will revisit our estimates and TP as the fiscal comes to a close and on taking cues from next years guidance. We retain Buy, with Dec-27E TP of 6,300
Oil shock sends markets into a tailspin; Nifty tanks 422 points, rupee hits record low
Sensex crashed 1,352.74 points, or 1.71%, to close at 77,566.16, while the Nifty 50 fell 422.40 points, or 1.73%, to settle at 24,028.05
izmoMicro enters Defence Electronics market as IZMO stock hits upper circuit
The company is now engaged with government research establishments, defence public sector undertakings, and private sector defence primes
Coforge wins ServiceNows 2026 APAC partner award for CRM domain expertise
The award recognises Coforges work in Customer Service Management and CRM solutions built on the ServiceNow AI Platform
Investors' wealth erodes by over Rs 22 lakh cr since beginning of West Asia conflict
Equity investors became poorer by Rs 22.40 lakh crore since the beginning of the conflict involving the US, Israel and Iran, which has rattled stock markets, driving the BSE Sensex lower by 4.6 per cent.
Aluminium makers ride on underlying price rise
Aluminium producers benefit from rising global prices amid supply concerns, with Vedanta and Hindalco showing notable stock gains.
BSE Index Services launches BSE SmallCap 500-based market cap and factor indices
BSE Index Services has launched the BSE SmallCap 500 and four factor-based indices: Quality 50, Momentum 50, Low Volatility 50, and Enhanced Value 50. These rules-based indices, reconstituted quarterly, provide benchmarks for small-cap equities, enabling ETFs, index funds, and portfolio benchmarking, helping investors capture differentiated factor exposures in Indias small-cap segment.
MCX crude oil futures rocket 62% in just 6 sessions! Should investors buy liquid gold?
Crude oil futures on MCX have jumped 62% in six sessions after the Middle East war triggered supply fears and production cuts. Analysts warn prolonged conflict could push prices higher, raising inflation risks and Indias import bill.
Navi Mumbai's office market commands 21 per cent lower rent than the average rentals of major cities, helping the region to attract foreign companies to set up their base and also establish global capability centres (GCCs), according to CRE Matrix.
Gold loans: Turning the rainy-day asset into a liquidity tool
Gold loans are shedding their last-resort image as record prices unlock higher borrowing capacity. Experts say disciplined borrowing and awareness of LTV risks are key as more households monetise idle gold.
Rajputana Stainless IPO Day 1: Issue subscribed 21% so far; check GMP and key details
Rajputana Stainless IPO saw a slow start to subscription on Day 1. The Rs 255 crore issue, priced Rs 116122 per share, is a mix of fresh issue and an offer for sale (OFS). Founded in 1991, Rajputana Stainless manufactures a range of long and flat stainless steel products, including billets, forging ingots, bright bars, and flat bars.
RBI injects Rs 50,000 crore durable liquidity in banking system via OMO purchases
The Reserve Bank of India (RBI) on Monday injected Rs 50,000 crore into the banking system through Open Market Operation (OMO) purchases of government securities, according to a release.
Insolation Energy shares migrate to NSE, BSE
Solar panel manufacturing company Insolation Energy Limited's equity shares have been listed on the main boards of the BSE and NSE.
Kwality Walls shares slide after company reports Q3 loss of 178 crore
The company had exceptional charges of 93.70 crore, including brand impairment, asset write-downs, and one-off establishment costs
BSE launches SmallCap 500 Index and four factor indices
The BSE SmallCap 500 Index is a combination of constituents from the BSE 250 SmallCap Index and the BSE 250 Microcap Index.
Nifty at 22,900? How deep can the index fall if US-Iran war persists
Indias Nifty is hovering near 24,000 after heavy selling triggered by rising Middle East tensions and crude prices. Analysts warn continued geopolitical volatility and weak technical indicators could push the index toward the 23,00022,900 support zone.
NHAI backed InvIT to raise Rs 6,000 crore; IPO planned on March 11
Raajmarg Infra Investment Trust, an InvIT sponsored by NHAI, will come up with Rs 6000 crore initial public offering with per unit price band fixed at Rs 99-Rs 100. A total of 260 km of five national highways on the golden quadrilateral in fours states of Jharkhand, Andhra Pradesh, Karnataka and Tamil Nadu will be will be operated by the trust set up for the purpose
Rupee falls 53 paise to close at all-time low of 92.35 against US dollar
At the interbank foreign exchange, the rupee opened at 92.22 and rose briefly to 92.15 but kept losing ground through the session before eventually settling at its all-time low of 92.35
Indias wheat production put at 120 mt on the back of higher acreage, conducive weather conditions
However, crop planted late may be impacted by a rise in temperature
Rupee falls to record low as fears of prolonged Mideast war hit Asia FX
The Indian rupee fell to a record low on Monday, as fears of a prolonged war in the Middle East rattled regional currencies, and surging oil prices heightened concerns over global growth and inflation.
Indias shrimp export revenue seen surging past 50,000 crore: Crisil
Overall export volumes are projected to grow by about 67 per cent during the fiscal,
'Buy what's beaten down': Hiren Ved on playing the oil shock selloff
Markets are volatile due to West Asia tensions and rising oil prices. Hiren Ved of Alchemy Capital suggests a contrarian approach. Instead of seeking safety, he recommends buying fundamentally strong stocks that have been heavily impacted by the current selloff. He believes this is the opportune moment for investors to deploy capital, anticipating a recovery once geopolitical risks subside.
GIC-Backed Greenko Energies Said to Weigh $1 Billion India IPO
Greenko Energies Pvt. is exploring a potential initial public offering in Mumbai. The company aims to raise up to $1 billion. This move could test investor interest in renewable energy shares. The company is backed by GIC Pte. and Abu Dhabi Investment Authority. Discussions with bankers are underway for a possible share sale this year. Details are still being finalized.
FIIs backed 14 stocks for 4 quarters; 5 turned multibaggers. Do you own any?
Despite selling Rs 74,700 crore in FY26, FIIs steadily increased stakes in 58 Indian stocks above Rs 3,000 crore market cap. Fourteen delivered 501,650% returns, with five becoming multibaggers, highlighting selective institutional confidence and strong stock-specific performance across sectors.
Meesho shares plunge 10% on Rs 1,500 crore tax demand; down 44% from Dec high
Shares of Meesho fell 10% to hit the lower circuit after the company revealed a Rs 1,500-crore tax demand from the Income Tax Department, nearly half of its Q3 operating revenue. The demand relates to the 2023-24 assessment year. Meesho said it disagrees with the order and is evaluating legal and factual grounds to contest it.
March has been brutal for Indian markets, with the Nifty plunging 5.3% in just six trading sessions amid escalating US-Israel-Iran tensions. Crude oil surged nearly 29% in a single day, fueling volatility. Technical analysts say the Nifty has broken key support at 24,050, signaling strong downside momentum, while a meaningful reversal remains unlikely in the near term.
Nifty volatility to continue, avoid complacent bets: Rajesh Bhosale
Indian equity markets saw a minor recovery on Monday, but experts warn the rally might be short-lived due to persistent volatility. Analysts suggest avoiding aggressive long positions as the market trend remains negative, with key support levels identified at 23,500. While auto stocks like TVS Motor face pressure, the IT sector shows relative strength, with LTIMindtree being a favored pick.
Mint Explainer| Will the US-Iran war nudge India towards bio-bitumen for road construction?
Bio-bitumen, an alternative derived from biomass, could replace up to a third of petroleum-based bitumen, potentially reducing Indias import dependence amid the West Asia conflict.
Edelweiss sells 4.4% stake in alternatives arm EAAA for 375 crore amid IPO push
The transaction comes as EAAA advances towards a public listing
India VIX jumps 100% in one month. Could fear levels take Nifty further down?
The India VIX nearly doubled in a month, reflecting rising fear among investors amid geopolitical tensions and global uncertainty. Surging crude prices and persistent foreign selling have triggered sharp equity declines, with the Nifty 50 down 8%, keeping markets volatile and investors cautious.
Strong Indian economy makes current crisis manageable: Vikas Khemani
Market turbulence offers chances to buy. Vikas Khemani of Carnelian Asset Management sees opportunity in corrections. He highlights banks, consumer sectors, and pharmaceuticals as attractive. PSU banks also present value. Khemani advises a long-term view, noting Indian economic fundamentals are strong. Short-term price drops in good companies are chances to invest.
Sensex, Nifty crash as crude nears $120: Any sector to hide in as Middle East war intensifies?
The surge in crude oil prices triggered a sharp selloff in Indian equities on Monday. The benchmark BSE Sensex fell nearly 2,400 points shortly after opening, while the Nifty 50 dropped more than 700 points, before recovering some of the losses. All sectoral indices were trading in the red.
Strategic oil bets may outperform in current geopolitical crisis: Mark Matthews
Global markets are grappling with a surge in crude oil prices, with Brent crude exceeding $100. Strategists note that markets are already digesting this shock, impacting Asian markets significantly. India, however, may face less downside due to its recent economic efficiency and ability to purchase Russian oil, though the duration of the conflict remains a key factor.
Oil shock batters D-Street: Sensex bleeds 1,906 points at noon, only Wipro stays green
On the BSE, 3,467 stocks declined against only 742 advances out of 4,381 traded, with 787 stocks hitting 52-week lows a stark indicator of the breadth of selling pressure across the market
Shares of IT companies outperformed the broader market on Monday, with Wipro, LTIMindtree, and Persistent Systems rising up to 1% despite a sharp selloff that wiped out over Rs 12.39 lakh crore from BSE-listed companies market capitalisation. Wipro led gains, while Infosys and TCS saw modest declines, less severe than the broader market drop.
Markets off days low: Sensex, Nifty down over 2% at midday, banking, auto stocks lead selloff
Broader markets also remained firmly in the red, with both midcap and smallcap indices falling around 2.5%, indicating widespread risk aversion among investors
PG Electroplast tumbles 13% after LPG supply disruption amid Mideast war
Shares of PG Electroplast fell sharply after the company flagged a gas shortage under its supply agreement due to maritime restrictions linked to the Middle East conflict. The disruption has led to curbs on LPG allocations, prompting the firm to explore alternative supplies while assessing the potential impact on production and customers.
Paras Defence bags 80 crore DRDO contract for Air Defence optics
Paras Defence stock was trading at 721.90 as of 12.39 PM, down 27.45 or 3.66% from its previous close of 749.35
Rupee may slip further if Middle East tensions persist: Naveen Mathur
The Indian rupee is under pressure due to global geopolitical tensions and soaring crude oil prices. Currency markets are watching the Reserve Bank of India's next move. Traders expect continued volatility as the dollar strengthens and oil import demand rises. The rupee could weaken further if tensions persist and oil prices remain high. The RBI's focus is on managing volatility.
Global Markets | Nikkei falls 5% as surge in oil prices fans economic slowdown fears
Japan's stock market experienced a sharp decline. The Nikkei index fell over 5% to a one-month low. This selloff was driven by a surge in oil prices, sparking fears of inflation and economic slowdown. Investors are now questioning the market's upside potential. Chip and bank shares tumbled, with all industry sub-indices on the Tokyo Stock Exchange falling.
Reliance shares trade flat after early loss, Morgan Stanley maintains overweight
Despite the initial decline, investors showed selective buying interest at lower levels, helping the heavyweight stock stabilise around its key psychological mark
Global Markets | Australian shares lose $138 billion in value as oil surge stokes inflation fears
Australian shares experienced a sharp 3% decline, losing over $138 billion as surging oil prices fueled inflation fears. The S&P/ASX 200 index hit its lowest point since December. Miners and financials bore the brunt, while energy stocks saw gains. Investors are bracing for prolonged high energy costs amid Middle East tensions.
Nischal Maheshwari sees calm after storm: Hold, dont panic amid Nifty selloff
Indian markets opened lower today. Global uncertainties and rising crude oil prices are impacting investor sentiment. A market strategist advises against panic. He suggests a good range for potential market bottoms. Investors should focus on domestic-facing sectors. Upstream oil companies are recommended over downstream ones. Gold and silver have seen profit-taking. The CDMO space in pharmaceuticals shows promise.
Multi-asset FoFs are multiplying. Do investors really need them?
Multi-asset funds are drawing strong inflows, but Sebis FoF recategorization has triggered a wave of new variants. While they promise deeper diversification, the growing menu may also complicate investor choice.
Tesla billionaire buys more Nvidia to calm the nervous market
Billionaire Leo KoGuan has doubled his investment in chipmaker Nvidia. He purchased an additional one million shares. This move comes as global markets face a selloff due to the Middle East conflict. KoGuan hopes his purchase will help calm nervous markets. Nvidia shares have seen a slight dip this year. Tesla shares are also down.
Middle East tensions are hammering banks; Narendra Solanki says buy the dip
Indian stock markets are facing pressure, with banking shares seeing significant declines. However, experts suggest this presents a buying opportunity for long-term investors. Escalating Middle East tensions are driving the selloff, impacting global supply chains. Despite this, India's economic growth story remains strong. Sectors like Power Transmission, Consumer Durables, and Pharma are recommended for investment.
Dubai index slides 4% as oil soars on escalating Iran conflict
UAE stock markets saw a sharp decline early Monday. This downturn extended previous losses. The US-Israeli conflict with Iran is widening. Oil prices surged over 25 percent. This jump is due to supply cuts and fears of prolonged shipping disruptions in the Strait of Hormuz. Brent crude saw its biggest daily gain since 1988.
From Tokyo to Sydney, bonds plunge as oil breaches $115
Global bonds experienced a sharp decline on Monday. A worsening U.S.-Israeli conflict with Iran propelled oil prices past $115 per barrel. This surge fueled investor concerns about inflation and future interest rate decisions. Major oil producers reduced supplies, disrupting shipping routes. Bond yields rose significantly, reflecting a shift in market sentiment.
Bitcoin hovers near $68K, Ethereum around $2K as oil price surge and as ETF outflows pressure crypto
Cryptocurrencies are facing pressure. Bitcoin and Ethereum prices are hovering near key levels. ETF outflows and a surge in oil prices are weighing on the market. Major altcoins show mixed performance. The global crypto market capitalization has seen a slight increase. Investors are recalibrating positions amid macro uncertainty and volatile capital flows.
Why replicating UPS pensions through NPS is harder than it seems
Central government employees must choose between NPS and UPS. Our simulations show that replicating UPS assured, inflation-linked pension through a market-linked NPS corpus is difficult in most realistic scenarios.
Gas utilities are particularly vulnerable to supply-side shocks as India depends heavily on LNG imports to meet domestic demand
Indian airlines have requested the government for relief due to increased operational costs and flight disruptions caused by the West Asia conflict. Here's what we know and the latest status update on flight cancellations, routes for 9 March.
Sedemac Mechatronics IPO allotment today: Check status, GMP, listing details
Sedemac Mechatronics IPO allotment status will be finalized on Monday, March 9. Investors await confirmation of share allocation. The IPO saw moderate demand, with institutional investors showing strong interest. Grey market premiums indicate a potential listing slightly above the issue price on March 11. Shares will be credited to demat accounts on March 10 for successful applicants.
War uncertainty deepens market rout; Rajeev Agrawal urges disciplined investing
Global stock markets are experiencing high volatility. Geopolitical tensions and rising oil prices are causing sharp sell-offs. Investors are concerned about prolonged conflict and energy supply issues. Experts suggest rotating capital into more attractive companies after corrections. Sectors like financials and renewable energy may offer resilience. A disciplined approach with gradual capital deployment is advised.
Oil prices have reached multi-month peaks. The conflict between Iran and Israel-US has led to the closure of the Strait of Hormuz. This situation mirrors the 1970s oil crisis. Analysts warn of further price increases if the disruption continues. Investors are advised to approach the market cautiously.
HDFC Bank shares slide 4% to 52-week low, Kotak upgrades to buy
The stock recovered slightly but remained under stress, trading at 834.20 at 11:11 am, down 3% from the previous close of 857.05
Crude shock! Oil prices poised for biggest ever single-day gain after 29% rally
Brent crude surged nearly 29% on Monday to cross $100 per barrel, heading for its biggest single-day gain on record after the Strait of Hormuz remained shut amid the escalating IranIsraelUS conflict. The disruption to a key global oil transit route has sparked fears of a severe supply shock and rising inflation.
The OTT paradox: More shows than ever, but fewer real hits
Data from Ormax shows a handful of Indian OTT originals dominate viewership while most titles struggle for attention, highlighting growing audience polarization on streaming platforms.
IndiGo shares plunge over 8% to 52-week low amid West Asia conflict, brokerages see long-term upside
The sharp decline reflects investor concerns over rising fuel costs, widespread flight disruptions, and uncertainty around international airspace availability, all of which could pressure airline profitability in the near term
Coal India bucks market selloff, Axis Securities upgrades stock to Buy
The upgrade, published on March 6, marks a shift from the Hold rating Axis had maintained since August 2025.
SBI shareholders lose Rs 62,350 crore as stock falls nearly 6% in market sell-off
State Bank of India shares plunged 5.60%, erasing nearly Rs 62,352 crore in market value amid a broader market sell-off driven by geopolitical tensions. The bank's valuation dipped below Rs 10 lakh crore. Despite this, SBI's financial performance remains strong, with a significant net profit increase in the December quarter.
IOCL, HPCL, BPCL tumble up to 9% on UBS downgrade amid crude surge; check targets
Indian Oil, HPCL, and BPCL stocks saw sharp declines on Monday. International brokerage UBS downgraded these companies citing concerns over rising crude oil prices and geopolitical tensions. This uncertainty impacts their earnings. UBS also revised target prices downwards for all three. The situation draws parallels with past oil market disruptions.
US Stock Market | Oil shock and war fears jolt global markets ahead of key US inflation data
Global markets are facing renewed volatility as surging oil prices and escalating tensions in the Middle East raise concerns about inflation and economic growth. Investors are now closely watching upcoming US inflation data for signals on the Federal Reserves interest rate path amid rising geopolitical and energy market risks.
Global Markets | Strong wage data in Japan fuels bets on more BOJ tightening
Japans real wages rose in January for the first time in over a year as inflation cooled and base salaries recorded their strongest growth in more than three decades. The data strengthens expectations that the Bank of Japan may continue tightening monetary policy, with potential ripple effects for global bond yields, currencies and capital flows.
Gold slumps as oil surge stokes fears of higher interest rates
While trading has been choppy and upward momentum has stalled, gold has still gained around 18% so far this year
Rajputana Stainless IPO: Check brokerages review, subscription, GMP and other details
Rajputana Stainless's IPO opens for subscription. Grey market signals suggest modest listing gains. The company aims to raise Rs 255 crore for expansion and debt repayment. Financials show steady profitability. Industry prospects are supportive, but challenges like raw material price volatility exist. Brokerages recommend subscribing for long-term investment, citing the company's manufacturing setup and financial performance.
Acetech E-Commerce shares list flat at IPO price of Rs 112 on NSE SME platform
Shares of Acetech E-Commerce made a muted debut on the NSE SME Platform, listing at its IPO price of Rs 112 in line with grey market expectations. The Rs 49 crore issue was subscribed 1.14 times overall, while the company plans to use the proceeds for marketing, working capital and potential acquisitions.
What Iran war means for Vedanta, Tata Steel and other metal stocks? CLSA analysts explain
Rising tensions in the Iran war could reshape the outlook for Indian metal stocks, with CLSA flagging Vedanta as a key beneficiary due to its aluminium, zinc and oil exposure. Tata Steel may also gain from stronger steel spreads, while energy costs, freight disruptions and geopolitical risk could keep commodity prices elevated.
Banking stocks bleed as oil shock, FII selling batter Nifty Bank
All 14 banking stocks in the index were in the red by 9.45 am
Oil producers gain while OMCs and aviation stocks slide as crude rally shakes markets
Rising energy prices, including crude oil, natural gas, and coal, are expected to increase inflation and hinder economic activity in major energy-importing nations
Global Market | From Pandemic Crash to War Spike: A history of crudes biggest surges
Global oil prices have surged above $100 per barrel following a US military strike on Iran, reigniting fears of supply disruptions. This escalation revives memories of past price volatility, including the Russia-Ukraine war's impact in 2022 and the pandemic-induced crash in 2020, underscoring the market's sensitivity to geopolitical events.
Rupee hits record low of 92.33 vs USD, RBI intervention limits fall
The Indian rupee hit a new all-time low on Monday, weakened by soaring oil prices that are impacting Asian currencies. Traders suggest central bank intervention may be limiting further declines. The currency's pressure stems from the ongoing U.S.-Israeli campaign against Iran, which has driven up oil costs and made investors wary of emerging markets.
US Stock Market | Feds rate path blurs as oil surge meets labour market cracks
Rising oil prices and emerging weakness in the US labour market are complicating the Federal Reserves interest rate outlook. While higher energy costs threaten to reignite inflation, slowing job growth is increasing pressure on policymakers to consider rate cuts, leaving the central bank navigating a difficult policy trade-off in the months ahead.
IndiGo shares tumble 8% on crude spike, but Kotak upgrades stock to Buy
InterGlobe Aviation shares plunged amid soaring oil prices, with Brent crude exceeding $116 a barrel due to supply disruptions. Despite the market turmoil, Kotak Institutional Equities upgraded IndiGo to Buy, arguing that investors should focus on the escalating losses of competitors rather than oil price volatility.
