26 C 
Middle East conflict sent oil prices soaring, impacting Indian markets. While valuations have cooled to fair levels, analysts caution against aggressive buying. The market remains fragile, with a durable bottom yet to be confirmed. Investors are advised to adopt a staggered or wait-and-watch approach, as the situation hinges on the war's duration and its effect on India's economy.
ETMarkets Smart Talk | Bharat investors to drive next growth wave in wealth management: Nilesh Naik
India's investment landscape is shifting as investors from smaller towns increasingly drive growth. Digital penetration in these 'Bharat' cities is expanding the investor base significantly. Platforms are adapting product design and education for this new cohort. This trend is set to redefine wealth management and boost India's investor numbers substantially over the next decade.
Ajanta Pharma, Sun Pharma poised to tap GLP-1 opportunity amid market shift: Siddhartha Khemka
India's metabolic therapy market is transforming post-semaglutide patent expiry, shifting to a competitive, volume-driven model. With significant price drops and increased launches, demand is surging among millions needing obesity management. Broader specialist adoption and a growing prescriber base are fueling this expansion, promising substantial market growth.
Global Market: 5 word market themes for the week ahead
Global markets are ending a turbulent first quarter. War in Iran has significantly impacted stocks and energy prices. Investors are bracing for more volatility with upcoming U.S. jobs data and South Korean trade figures. Euro zone inflation is also expected to rise, potentially pressuring the European Central Bank. The coming week promises crucial economic indicators and continued market uncertainty.
Wall Street Week Ahead: US jobs data to give economic view for war-gripped markets
Stock markets are bracing for a volatile week, with investors closely watching the ongoing Iran conflict's impact on oil prices and inflation. A crucial U.S. jobs report is due, with expectations for a positive number after recent weakness. Rising Treasury yields are also pressuring equity valuations, as concerns about AI and credit markets persist.
US Stock Market | Stocks tumble, Dow confirms correction territory, as Middle East tensions drag
U.S. stocks plunged Friday, with major indexes hitting seven-month lows as a Middle East war continued to suppress risk appetite. The Dow entered correction territory, down over 10% from its record high. Rising oil prices fueled inflation fears, dampening hopes for Fed rate cuts.
NARCL set to acquire debt of Kay Bouvet Engineering
Specialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery through NARCL's Rs 130 crore offer, which faced no competition in a Swiss challenge auction. This marks a potential final acquisition for the bad loan aggregator this fiscal year.
Fuel duty cut, states' line-up give Bond Street the jitters
The yield on India's 10-year government bond rose sharply Friday. This increase follows a cut in fuel excise duty which impacted the fiscal outlook. High state bond sales and rising oil prices also contributed to the jump. The benchmark yield has seen its biggest weekly rise since May 2022.
Kill switch soon for all digi payments to combat fraud
The Reserve Bank of India's Payments Vision 2028 introduces a shared liability model for unauthorized digital transactions, placing responsibility on both customer and beneficiary banks. This aims to boost fraud detection and inter-bank coordination. The RBI also plans to expand the 'switch on/off' feature, currently for cards, to all digital payment modes, empowering users and enhancing ecosystem trust.
Changes from April 1 2026 LIVE: Several confirmed financial and regulatory changes will come into force across banking, fuel, taxation and travel. These changes will have a direct impact on the day-to-day lives of Indian citizens.
RBI mandates LEI code for all market participants, bars non-compliant entities
The Reserve Bank of India has mandated all market participants, both resident and nonresident, to obtain a valid Legal Entity Identifier (LEI) code. Entities without an LEI will be ineligible for transactions in RBI-regulated financial markets. Participants in the over-the-counter derivative market must also secure a unique transaction identifier.
Six days or 74 days? Decoding Indias petroleum reserve debate, in charts
The war in West Asia has caused massive disruptions to the supply of crude oil, natural gas, and other petroleum products. India, due to its high import dependence, is particularly exposed, leading to questions over the supposed lack of reserves or stocks in the country.
Markets drown in Red Sea: Rupee bleeds, bears maul Street
The Indian rupee hit a record low against the dollar, breaching 94 and nearing 95, as rising crude oil prices fueled fears of a prolonged Gulf war. Indian equities also suffered significant declines, marking a fifth consecutive week of losses. Analysts warn of further depreciation for the rupee if the conflict persists and central bank intervention remains subdued.
Bank holiday today: Are banks open or closed on Saturday, 28 March? Check RBI calendar here
Find out whether banks in India will be closed today, 28 March, which is the second Saturday of the month. Since, all banks follow a holiday schedule set by India's apex monetary institution, check RBI's holiday calendar here.
Banks shouldnt chase credit growth at cost of stability: secretary Nagaraju
At the Mint India Investment Summit, Department of Financial Services secretary M. Nagaraju urged Indian banks to balance credit growth with financial stability, learning from past NPA crises.
India is resilient, but investor nervousness exists amid West Asia conflict
Ben Powell of BlackRock Investment Institute and Ashima Goyal, a former member of the RBI's rate-setting panel, say the central bank was doing a good job of managing volatility without intervening too much.
In a fresh H-1B salvo for IT firms, US moots 11% higher pay for new hires
As per a 26 March notification, the changes would lift pay benchmarks by at least $14,500 across entry-level and experienced hires, as Washington said it looks to curb misuse of the visa programme and bring foreign worker wages closer to parity with those of US employees.
US stocks today: US stocks tumble to lowest close in over six months as Iran war drags
U.S. stocks plunged Friday, with major indexes hitting over six-month lows as the Middle East war suppressed risk appetite. Megacap and software stocks led the decline, while rising oil prices fueled inflation fears and dampened rate cut expectations. Markets now anticipate potential Fed rate hikes.
Accel-backed Rentomojo files for India IPO
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.
Mukesh Ambanis mega IPO Reliance Jio is said to set bank fees in line with NSE
Reliance Industries Ltd. is planning a massive IPO for its telecom arm, Jio Platforms Ltd. The company is setting investment banking fees at a competitive 0.65% of the issue size. This move is in line with the National Stock Exchange of India Ltd.'s proposed fees. The Jio IPO could be India's largest ever.
US stocks: Citigroup dismisses report of potential US regional bank acquisition
Citigroup has denied a Bloomberg report suggesting it was considering acquiring a U.S. regional bank, stating the speculation is aseless. The bank emphasized its sole focus remains on organic growth and executing its ongoing transformation strategy. This denial comes as Citigroup works to complete regulatory compliance and improve profitability.
RBI outlines vision for digital payments, cross-border payments in focus
The Reserve Bank of India has outlined a roadmap for the payments sector until December 2028, focusing on cross-border payments, interoperability and a domestic legal entity identifier.
US Stocks: Rocket Pharma shares fall 15% despite FDA nod for childhood disorder treatment
Rocket Pharmaceuticals' shares dropped significantly after gaining FDA approval for Kresladi, a gene therapy for a rare childhood immune disorder. Investors are concerned about practical challenges limiting patient access, despite the drug's potential to help those with severe Leukocyte Adhesion Deficiency-I. The company plans a phased launch with limited availability.
US stocks: US Fed's Anna Paulson says Iran war increases risks to growth, inflation
Philadelphia Federal Reserve President Anna Paulson said on Friday the Iran war is creating challenges for the U.S. economy, while stopping short of saying what that might mean for near-term changes in monetary policy.
Iran war: Rupee closes at all-time low, bond yields harden, equities take a beating
The rupee has dropped about 4% since the war began, putting it on track for its first fiscal-year decline in over a decade
RBI mandates Legal Entity Identifier, Unique Transaction Identifier for financial mkt transactions
The Reserve Bank of India (RBI) on Friday mandated the use of Legal Entity Identifier (LEI) and Unique Transaction Identifier (UTI) for transactions in financial markets.
Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27
The Centre is planning to mobilise Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to fund the revenue gap, the finance ministry said on Friday.
SEBI clears six IPOs, one withdrawn
Jindal Supreme (India) withdraws its proposed IPO
Can you use two health insurance policies for one hospital bill? Here's what experts say
Many individuals hold multiple health insurance policies, such as a corporate cover and a personal plan. Claiming from both policies is permitted. Here's what policyholders must know.
SAEL Industries, Vishvaraj Environment, Symbiotec Pharmalab and 3 others get Sebi nod to launch IPO
Securities and Exchange Board of India approved IPOs of six companies, including Vishvaraj Environment and SAEL Industries. Firms span sectors like renewable energy, chemicals and SaaS, while Jindal Supreme withdrew its draft papers, reflecting active primary market momentum.
US Stocks: SpaceX's listing stirs up social media frenzy, ticker bets
From rocket launches drawing millions of YouTube views to social media frenzy over its potential listing, SpaceX's debut is shaping up to be a landmark moment for Wall Street.
Retail yet to fully arrive, leverage demand wont fade: Dinesh Thakkar, Chairman, Angel One
Angel Ones Thakkar says derivatives tightening is cyclical as platforms pivot to AI-led investing journeys
Airbus helicopters have played a key role in India for decades, including its Aerospatiale Alouette II, Eurocopter AS350 Ecureuil, and the high-altitude workhorse Lama.
Global Stocks: UK equities head for fourth weekly decline amid lingering Middle East concerns
The UK's main stock indexes were on track for a fourth straight week of losses on Friday, as investors remained on edge due to uncertainty around the Middle East conflict, and fears of a spike in inflation.
US stocks today: Dow drops 400 points as Iran strike delays offers limited calm
Wall Street's main indexes opened lower on Friday as the month-long Middle East conflict dragged on, weighing on sentiment despite the United States pushing back another deadline to strike Iran's energy infrastructure.
US Stocks: Middle East conflict drives record trading at NYSE-parent ICE
Shockwaves from the Middle East conflict have rippled through global markets, driving record trading at Intercontinental Exchange across energy, commodities, futures and options.
Delhi HC refuses to direct Dr Reddys to junk Olymviq stock
The single-judge bench orally observed that destroying already manufactured stock of a diabetes drug would not be in the patients interest.
OMCs are still bleeding despite excise cut; Probal Sen on what the market is missing
India's petrol excise duty cut brings some relief to consumers. However, Oil Marketing Companies continue to face significant losses. Analysts suggest the cut only partially offsets the price increase. Independent refiners, however, may experience substantial profits due to high product spreads. The market is closely watching for geopolitical resolutions or further price adjustments.
Powerica IPO Day 3: Issue sees 1.45x subscription on final day; GMP and key details inside
Powericas IPO closed with 1.45x subscription on Day 3, driven mainly by strong QIB demand at 4.5x, while retail interest stayed weak. The grey market showed a marginal Rs 2 premium over the issue price of Rs 395. The company aims to raise 1,100 crore through a mix of fresh issue and OFS.
India's forex reserves drop $11.41 billion to $698.346 billion: RBI data
The kitty had expanded to an all-time high of $728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict
Assertive boardroom voices: Why independent directors matter
IDs must be assertive and express their views or dissents through formal channel
India 10-year yield logs biggest weekly surge since RBI's surprise hike in May 2022
10-year yield surges 20 basis points on fiscal concerns after fuel excise duty cut amid West Asia oil war
Nifty plunges 487 points, posts fifth straight weekly fall as war fears grip markets
The BSE Sensex fell 1,690.23 points (2.25%) to close at 73,583.22, and the NSE Nifty 50 dropped 486.85 points (2.09%) to end at 22,819.60
What are balanced advantage funds? 5 reasons why they can help you navigate market volatility
Balanced Advantage Funds can help investors manage market volatility through dynamic asset allocation between equity and debt, offering stability, tax efficiency, and disciplined investing for long term wealth creation.
Gainers & Losers: RIL, HDFC Bank and HEG among 6 top movers on Friday. Heres why
RIL, HDFC Bank, PSU banks, airlines, HEG and ACME Solar were among Fridays biggest market movers as crude spikes and geopolitical tensions fueled a broad sell-off.
Microsoft set for worst quarter since 2008 as AI takes two bites
Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago.
Oil up nearly 3% but set for first weekly decline since start of Iran war
Oil prices rose on Friday but were set for their first weekly decline since February 9 as U.S. President Donald Trump extended a pause in attacks on Iran's energy plants, though investors remain cagey about prospects for ceasefire in the month-old war.
Gold rises on dip-buying but heads for fourth weekly loss
Gold gains as West Asia conflict stokes inflation concerns, lifts dollar and boosts expectations for higher interest rates
Paint stocks are about to get interesting; Nomura on what investors need to know
India's paint sector faces significant cost shocks from crude-driven inflation, prompting price hikes. Despite a short-term margin hit, structural factors like painting cycles and the low proportion of paint costs in total job expenses suggest a robust recovery. Investors can anticipate a return to double-digit revenue growth as pricing power re-emerges.
Tata Motors PV, IDBI Bank among 8 stocks that hit 52-week lows; slip up to 45% in a month
On Friday, the benchmark Sensex dropped 1,690 points to close at 73,583. During this steep fall, nine stocks from the BSE 200 index touched their 52-week lows.
Stock Market Holiday 2026: NSE, BSE to remain shut on these 2 days next week! Check full calendar
Indian stock markets, including NSE and BSE, will observe closures on March 31 for Mahavir Jayanti and April 3 for Good Friday. The year 2026 has 16 scheduled stock market holidays, with MCX and NCDEX also announcing partial or full trading suspensions on select occasions.
Hyundai Motor shares offer just 5% upside; Asit C Mehta initiates with Hold rating, flags 5 risks
Hyundai Motor India shares fell amid weak market sentiment, extending their one-month decline to about 21%. Asit C Mehta initiated coverage with a Hold rating and limited upside, citing concerns over market share erosion, weak domestic performance, and lack of fuel mix diversification.
Sai Parenterals IPO fully subscribed on last day, QIBs, NIIs drive demand
The company plans to utilise the net proceeds from the fresh issue primarily to fund its expansion plans
How becoming a loan guarantor can hurt your retirement income and credit score
Pensioners should be mindful when considering becoming a loan guarantor, as a borrowers default could impact their retirement savings, credit score, and overall financial stability, potentially leading to legal obligations and added financial pressure on a limited income.
India's financial sector is changing fast. KV Kamath, a key figure, states disruption is happening now. Old banks and companies are falling behind. New technology allows startups to build services quickly. Areas like asset management and broking face rapid change. Even insurance is becoming more direct. Banks are losing deposits to investment products. Companies must adapt to survive.
Is India really one of the cheapest places to retire? 1 cr, 2 cr or 10 cr - How much is enough?
Most global retirement models assume that individuals retire around the age of 60 and need to fund 2025 years of expenses. That assumption is quietly becoming outdated.
Rupee slumps to record low past 94/USD, set for worst fiscal in more than a decade
The Indian rupee plunged to a record low on Friday, sliding past the 94-per-dollar mark, with mounting worries over the energy crisis sparked by the Middle East war putting the currency on track for its worst fiscal-year drop in more than a decade.
Rupee declines 0.9% to close at new low of 94.81 against dollar
In its notification on Thursday, the government said it was slashing the special additional excise duty on petrol from 13 per litre, to 3 per litre. Similarly, the duty on diesel was reduced from 10 per litre to nil. Here's what that means for your pocket.
PSU banks slide up to 5% amid war-led selloff; UCO, BoB, punished most
PSU bank stocks slumped sharply, with the index falling 16% over a month and individual stocks plunging up to 20% amid geopolitical tensions and weak macro cues. A broader market selloff wiped Rs 8 lakh crore in investor wealth, while a falling rupee and global uncertainty weighed heavily on sentiment.
Aditya Birla Real Estate aims Rs 1,700 cr revenue from 1st housing redevelopment project
Aditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable area
Japanese bond yields surge on inflation concerns, BOJ signals
Japanese government bond yields rose across the curve on Friday, as recent hawkish central bank signals and the Middle East war heightened inflation concerns and prompted investors to reprice the path of rate hikes.
Bitcoin slips nearly 3% to $68K as Iran rejects US proposal, adding fresh uncertainty to markets
Bitcoin and Ethereum saw a dip of nearly 3% in the last 24 hours. Major altcoins also experienced declines. Geopolitical tensions and inflation concerns are impacting market sentiment. Analysts suggest caution and waiting for a stronger move above $70,000 for Bitcoin. Institutional accumulation is helping absorb selling pressure, but overall sentiment remains fearful.
Future corporate leaders key to Kotak banks wholesale strategy: Jay Kotak
Jay Kotak, the co-head at Kotak 811, is spending time with the banks wholesale division, responsible for large corporate loans and financial services, to align with the ongoing intergenerational transfer in corporate India.
GLP-1 impact: Jefferies sees these 3 stocks as winners in the race for Ozempic, Wegovy generics
Indian drug makers are launching affordable generic Semaglutide, the active ingredient in popular weight-loss drugs. Sun Pharma, Lupin, and Torrent Pharma are identified as potential market leaders. Despite initial stockouts online, companies are adjusting supply. The market for these diabetes and obesity drugs is expected to grow significantly in India.
Foreign investors flee Indian assets at record pace on oil shock, pummel rupee
Foreign investors are pulling out of Indian bonds and equities at a record pace, as the Iran war-driven surge in oil prices fanned worries over a pick-up in inflation and clouded India's growth outlook, sending the rupee reeling.
Global Market Update | European shares fell amid uncertainty over Mideast war
European shares fell on Friday as investors remained wary about the outlook of the Middle East war that has stoked inflation risks and clouded global economic growth prospects.
Valuations now attractive, says Sahil Kapoor; sees opportunity in banks and IT
Indian stocks are presenting new opportunities as valuations have corrected significantly. Sahil Kapoor of DSP Mutual Fund highlights that while earnings growth is moderate, lower stock prices offer a chance for long-term investors. Financials, especially private banks, and select IT companies are seen as attractive. The market is becoming more constructive for global investors.
Goldman Sachs downgrades Indian equities to 'market weight' amid elevated energy prices
Brokerage also cuts its earnings growth expectations
From chapatis to cold coffee, protein is showing up everywhere
While whey and fortified packaged foods led the early growth of the protein-focused foods market, large food & beverage, and FMCG companies are now embedding protein into everyday itemsfrom burgers and coffees to staples like chapatisto drive frequency and mainstream adoption.
Reliance Industries shares fell, wiping out more than 82,000 crore in market value after the government reinstated windfall taxes on diesel and ATF exports. The move, aimed at boosting domestic supply amid volatile global oil markets, was confirmed by Nirmala Sitharaman, who said higher duties would ensure adequate availability of fuel within the country.
No more easy rate cuts: What borrowers should expect next
With easy rate cuts on hold, borrowers should expect stable EMIs. The focus should be on affordable loan choices, disciplined repayment, and careful planning, as higher inflation and global uncertainties may push borrowing costs higher in the future.
12 midcap stocks surge up to 140% in FY26; 3 became multibaggers. Are you holding any?
Despite recent market volatility, 12 midcap stocks within the Nifty Midcap 150 index delivered impressive returns in FY26, ranging from 50% to 140%. Three of these stocks achieved multibagger status, showcasing significant growth amidst broader market fluctuations.
National Stock Exchange of India is implementing its semi-annual index rejig from March 27, with changes effective March 30.
Todays REITs, built on strong foundations of established office parks and leading retail properties, are no longer just landlords; they are transforming into multi-asset powerhouses aiming to capture every opportunity in Indias growth story.
Indian equity markets are in a cautious holding pattern due to geopolitical uncertainty, but market expert Neeraj Dewan suggests the worst volatility may be over. He highlights the government's move to cushion Oil Marketing Companies as a smart buffer against inflation, and identifies selective opportunities in sectors like IT, pharma, and defence for patient investors.
Rupee under pressure: Macro headwinds signal further weakness ahead, says Navneet Damani
The Indian rupee is experiencing a significant decline. Global economic shifts and domestic challenges are driving this depreciation. Analysts point to a stronger US dollar and rising US bond yields. Elevated crude oil prices also pose a risk. This situation complicates the Reserve Bank of India's policy outlook. The rupee may remain under pressure in the coming period.
LPG shortage hits tea demand at Kochi auctions as eateries shut
Purchases down significantly with many restaurants and tea stalls remaining shut
Sensex, Nifty bleed through midday as Iran war fears, crude grip markets
Market breadth reflected the broad selloff. Of 4,349 BSE stocks traded, only 847 advanced while 3,342 declined, with 160 unchanged
Global Market | Ben Powell sees prolonged volatility as geopolitics cloud outlook
Middle East tensions are creating global market uncertainty. BlackRock's Ben Powell notes significant drone and missile strikes in the UAE. The Strait of Hormuz remains a critical chokepoint. Investors are reducing risk exposure. US bond yields are rising, impacting global capital. Inflation remains a concern, with the Fed likely to maintain a hawkish stance.
Sensex, Nifty slide close to 2% amid global selloff, IT stocks buck trend
By 1.10 pm, Sensex fell 1319.42 points or 1.75% to 73,954.03, and Nifty 50 depreciated by 381.50 points or 1.64% to 22,924.95
Silver prices jump 6,911 to 2.26 lakh/kg as US-Iran tensions temporarily ease
In the overseas market, silver futures for the May contract edged up by $2.02, or 3%, to $69.96 per ounce on the Comex
Nestle India Share Price Live Updates: Nestle India Stock Update
No price hike as OMCs lose 24/litre on petrol, 30/litre on diesel: Oil Minister
The government has chosen to absorb the financial burden to protect consumers from inflationary pressures caused by the ongoing West Asia conflict
HDFC Bank Share Price Live Updates: HDFC Bank's Current Trading Price
IndiGo shares drop 5% as Motilal Oswal cuts target price on higher fuel costs, other headwinds
Shares of IndiGo parent InterGlobe Aviation fell nearly 5% on Friday as elevated oil prices and Middle East tensions pressured aviation stocks. Brokerages cut target prices citing higher fuel costs, rupee weakness and disrupted international routes. IndiGo also received a 42.92-crore GST demand notice, which the airline plans to contest.
Rupees free fall continues, hits all-time low of 94.70/$
A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders
