The Economic Times

The Rs 400 crore IPO of GSP Crop Science has entered Day 2 of subscription with a muted grey market premium of around 0%, indicating expectations of a flat listing. The issue was subscribed 47% on Day 1, with strong interest from QIBs while retail investor participation remained limited.

Five Nifty500 stocks including Mangalore Refinery and Petrochemicals and Chennai Petroleum showed a bullish RSI upswing after gaining more than 3% on March 16. The RSI indicator crossed above the key 50 level, signalling strengthening momentum and potential buying interest among traders tracking technical breakout signals.

On March 16, three stocks from the Nifty500 pack appeared on the White Marubozu bullish scanner, according to StockEdge technical scan data. The candlestick pattern reflects strong buying pressure throughout the session, signalling improving momentum and suggesting a potential near-term uptrend that traders often track for bullish confirmation.

Samsung Electronics shares saw a significant jump on Tuesday. This surge followed an announcement by Nvidia CEO Jensen Huang. He revealed that Samsung is manufacturing Nvidia's new artificial intelligence chips. These advanced chips are based on technology from chip startup Groq. Production is underway and shipments are expected in the latter half of this year. Samsung's manufacturing prowess is highlighted.

The U.S. Securities and Exchange Commission is reportedly preparing a proposal to make quarterly earnings reports optional, allowing companies to instead report results twice a year. This potential shift, which could be published next month, aims to reduce shortsightedness and costs for public companies, though critics warn of reduced transparency and increased market volatility.

Crude oil prices surged over 2% as supply concerns intensified with the Strait of Hormuz largely shut. European allies declined U.S. calls to escort tankers, prompting President Trump's criticism. The UAE has halved production due to the disruption, raising fears of shortages and inflation. Experts predict further price hikes if tensions persist.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Novus Loyalty's initial public offering opens Tuesday. The company aims to raise Rs 60 crore through its IPO on the BSE SME platform. The issue includes a fresh share issue and an offer for sale by existing shareholders. Investors can subscribe until March 20. Shares are expected to list on March 25.

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.

The U.S. dollar saw little change as traders assessed the Iran war's impact, while the Australian dollar dipped ahead of an expected rate hike. Concerns over inflation, fueled by surging oil prices, have lifted the dollar against most currencies, with markets anticipating central bank responses to the ongoing crisis.

Gold prices remained stable on Tuesday. Investors are closely watching the economic impact of the Middle East conflict. Several central banks are set to announce their policy decisions this week. Higher oil prices are fueling inflation concerns. This is leading markets to reconsider expectations for interest rate cuts. The US Federal Reserve is expected to hold rates steady.

Indian markets saw a strong opening on Monday. AI-related stocks like Meta and Nvidia surged, boosting investor confidence. Oil prices eased as shipping concerns in the Strait of Hormuz lessened. This positive sentiment is expected to influence global markets. Investors are closely watching central bank decisions this week. The US Federal Reserve is anticipated to hold interest rates steady.

Oil prices surged over 2% as the Strait of Hormuz faces significant disruption due to the ongoing U.S.-Israeli war on Iran. Allies have rebuffed calls to escort tankers, raising supply shortage concerns. The UAE has already reduced production, and some banks have revised longer-term price forecasts upwards.

Asian equities opened higher, mirroring Wall Street's optimism that more tankers could navigate the Strait of Hormuz. Despite a rebound in Brent crude, concerns over potential supply disruptions and inflation persist as central banks prepare for key meetings this week.

Cement stocks saw a surge today. Manufacturers are likely to increase prices to cover rising fuel expenses. This move is expected to provide some immediate relief. Analysts suggest that despite ongoing global tensions, the cement sector remains fundamentally strong. Investors are advised to consider entering the market now, with UltraTech Cement, Ambuja Cement, and Dalmia Bharat highlighted as top picks.

Indian equities are at a market midnight, facing mixed signals after an 18-month sell-off. While some see buying opportunities, valuations remain elevated, suggesting caution. Geopolitical tensions and AI disruptions overshadow deeper concerns, making aggressive buying difficult but a full exit unwarranted.

IDBI Bank shares dropped significantly following reports of a potential stake sale delay. Bids reportedly fell below the government's expected price. This has led to a sharp decline in the stock's valuation. Investors are advised to monitor the bank's financial performance improvements before considering investment. The bank's net interest margin shows a declining trend, though asset quality has improved.

Private equity firm Multiples and its key personnel have settled with Sebi for approximately 93 lakh over alleged violations concerning an alternative investment fund. The action stemmed from the fund's failure to wind up upon expiry of its tenure as per its private placement memorandum. The settlement was sought to resolve the matter without admitting guilt.

In a move to bolster transparency within the banking sector, the Reserve Bank of India has announced that from April 1, 2026, banks must disclose their payments of deposit insurance premiums in their yearly filings. Furthermore, should a bank neglect to pay its insurance premium, this omission must be stated clearly.

Indian markets saw a recovery on Monday. However, analysts predict continued volatility. Investors remain cautious due to ongoing geopolitical events in West Asia and fluctuating energy prices. The conflict is impacting market sentiment and reducing risk appetite. Foreign portfolio investors were net sellers, while domestic institutional investors were net buyers.

Indian markets saw a volatile start, gaining over a percent as bargain hunters stepped in, pushing the Nifty back above 23,300. Investors are advised caution, awaiting sustained upward movement. Key stocks like RIL, Tata Motors, Sun Pharma, and Ola Electric are in focus due to significant corporate developments, including new supply deals and price adjustments.

Union Bank of India plans to raise 20,000 crore, potentially including 7,500 crore with a 10-year tenor before March 31. The bank will also issue green bonds up to 5,000 crore, following a trend among public sector banks after Bank of Baroda's successful green bond issuance.

The Securities and Exchange Board of India has given the green light for initial public offerings from Travelstack Tech, Learnfluence Education, and Tea Post. These companies will now proceed with their plans to raise funds through the stock market.

The Indian rupee neared its all-time low at 92.43/$ on Monday, with the Reserve Bank of India intervening to defend the currency. Despite recent losses due to rising oil prices from the Iran war, the rupee saw relative stability, coinciding with a rebound in Indian equities. Analysts predict continued RBI defense to keep the rupee between 92.50/$ and 91.

Indian stock markets rallied on Monday, with key indices gaining over 1 percent. This surge ended a three-day losing streak. Traders cut bearish bets as the West Asian conflict showed no fresh escalation. The Nifty closed at 23,408.8, and the Sensex ended at 75,502.85. The market's fear gauge, VIX, also fell, indicating some relief.

Nvidia's chief Jensen Huang forecasts a massive one trillion dollar revenue opportunity for its AI chips by 2027. This projection highlights Nvidia's strong position in the AI chip market. The company is also expected to reveal details about its next-generation AI chip, Feynman. Nvidia's strategy of reinvesting profits into the AI ecosystem appears to be paying off, despite increasing competition.

Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped amid easing Middle East conflict concerns, offering market relief. The Dow, S&P 500, and Nasdaq all closed higher, reflecting positive investor sentiment.

Small investors' ability to influence corporate boards through shareholder proposals is facing significant restrictions. Proposed new rules and higher ownership thresholds could sideline individual shareholders, activists, and faith-based groups. This move, supported by business groups, aims to curb what they deem excessive or irrelevant proposals, sparking concerns about silencing diverse voices.

The London Metal Exchange's LME Select platform experienced a nearly three-hour outage on Monday due to a technical issue with its primary electronic matching engine. This disruption halted price updates for key metal contracts, prompting the LME to declare a Disruption Event. Electronic trading resumed at 1730 GMT on a secondary engine.

Global hedge funds are aggressively selling financial stocks, making the sector the year's top target for short bets. This trend, driven by concerns over the Middle East war's economic impact and the intricate links between banks and private lending, has seen significant drops in financial indices. Investors are hedging against broader credit risks, potentially anticipating systemic markdowns.

Indian indices ended a three-session losing streak with Nifty gaining 257.70 points. Banks, auto, and consumer stocks led the recovery, while technical indicators suggest potential pullbacks amid continued market volatility.

Nifty ended a three-session losing streak with strong gains, forming a bullish reversal pattern. Analysts see potential near-term recovery, with Adani Power and UltraTech Cement showing technical buying opportunities.

The London Metal Exchange said some trading has been halted due to 'an issue' and they are working to resolve the issue as soon as possible.

U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on imports, and the conflict in the Middle East could raise operating costs.

Vietnamese electric vehicle manufacturer VinFast said on Monday its fourth-quarter net loss widened from a year earlier as it increased impairment charges related to its U.S. plant, which it aims to resume construction of this year

Private-credit market jitters have spilled onto Wall Street, with some major U.S. banks tightening lending while the funds have capped withdrawals as mounting concerns prompt firms to curb risk and brace for further strain.

Bandhan Bank shares fell sharply, hitting the lower circuit after news that its promoter may offer existing investors an exit, compounded by West Asia crisis concerns, despite broader market gains.

MakeMyTrip is exploring a potential India listing to access domestic capital, strengthen brand leadership, and support long-term growth amid robust travel demand and strategic acquisitions like RedBus and Flamingo Transworld.

The Securities and Exchange Board of India has revised Core Settlement Guarantee Fund norms for commodity clearing corporations, requiring stress scenarios of three member defaults. The regulator also allowed mutual funds to undertake intraday borrowing to manage temporary liquidity mismatches.

Wall Street's main indexes opened higher on Monday with shares of Meta among the top gainers after a report said the megacap was prepping for sweeping AI-related layoffs, even as elevated crude prices due to the raging Middle East conflict kept risk-taking in check.

Stocks trading above their industry price-to-earnings ratio often signal strong growth expectations or investor optimism. A StockEdge valuation scan highlights nine NSE midcap companies, including Lenskart Solutions, NTPC Green Energy and Biocon.

Indian markets rebounded on Monday as Nifty surged 257 points, led by HDFC Bank, Bajel Projects, and Tejas Networks, while IDBI Bank, Bandhan, Fino Payments Bank, and Adani Total Gas faced sharp losses amid corporate news and investor concerns.

Sharp market selloff amid geopolitical tensions may offer selective long-term buying opportunities, says Sunny Agrawal. He highlights robust order books, corrected valuations, and attractive prospects in private banks, consumer internet, and select large-cap stocks, while noting crude oil and inflation remain key macro variables for investors.

Nifty fell over 5% weekly amid Iran-Israel/US tensions, with Bank Nifty and Auto leading declines. Sudeep Shah highlights key support-resistance levels, sector rotation strategies, and defensive plays in FMCG, Pharma, and CPSEs to navigate high volatility. Investors are advised to avoid bottom-fishing and wait for stabilisation signals.

Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove this growth. Tier-2 cities are becoming key growth areas. Improved connectivity and job opportunities are boosting housing markets. Metro cities continue to lead, but smaller cities are gaining importance.

Sebi Chairman Tuhin Kanta Pandey reassured investors that market volatility, fueled by geopolitical tensions like the Iran-Israel/US conflict, is temporary. He emphasized that the true test of financial markets lies in their ability to function smoothly, fairly, and efficiently despite uncertainty, drawing parallels to past disruptions like the COVID-19 pandemic and the Russia-Ukraine war.