FINANCIAL NEWS

U.S. markets tumbled sharply as new economic data reignited inflation concerns, raising fears of prolonged high interest rates. The S&P 500 fell 1.97% to close at 5,580.94, while the Nasdaq plunged 2.70% to 17,322.99. The Dow Jones also dropped 1.69%, settling at 41,583.90.

Investors reacted negatively to the latest inflation signals, which could lead to a more hawkish stance from the Federal Reserve. Tech stocks bore the brunt of the sell-off, dragging down overall market sentiment.

Hindustan Aeronautics Limited (HAL) has won a ₹62,000 crore contract after the Cabinet Committee on Security (CCS) approved the procurement of 156 Light Combat Helicopters (LCH) Prachand for the Indian Armed Forces. This marks a major boost for India’s indigenous defense manufacturing sector.

The LCH Prachand, designed for high-altitude warfare, is equipped to fire air-to-ground and air-to-air missiles, effectively neutralizing enemy air defense systems. The deal further strengthens India’s self-reliance in defense and HAL’s position as a key military supplier.

Shares of Inox Wind soared 5.21%, driven by strong financial improvements and positive investor sentiment. The stock’s inclusion in multiple indices highlights its growing market prominence, attracting heightened interest from institutional and retail investors.

With the renewable energy sector gaining traction, Inox Wind’s performance remains a key focus, particularly as it strengthens its position in the wind energy space.

ITC Hotels surged 6% to a fresh all-time high after Macquarie assigned an "outperform" rating, citing strong growth potential. Since its January 29 listing post-demerger from ITC, the stock has gained 16%, reflecting investor confidence in the company's standalone prospects.

The positive momentum is fueled by expectations of robust expansion, premium hospitality demand, and improved profitability, making ITC Hotels a key player in the sector.

Shares of ONGC and BPCL surged up to 4% after reports emerged that Saudi Aramco is in talks to invest in Indian refineries. The oil giant is reportedly exploring opportunities in BPCL's planned refinery in Andhra Pradesh and ONGC's proposed refinery in Gujarat.

This potential investment signals strong global interest in India's energy infrastructure, aligning with the nation's growing demand for refined petroleum products. Investors are closely watching for further developments on the deal.

Indian markets rebounded sharply, with the Sensex rising nearly 600 points from its intraday low and the Nifty touching 23,600, driven by strong gains in FMCG and oil & gas stocks. The rally was supported by renewed buying interest amid stable global cues.

The broader market also saw a modest uptick, with the Nifty Midcap 100 and Smallcap 100 indices rising 0.2% and 0.25%, respectively. Analysts remain optimistic about continued market strength amid sectoral tailwinds.

ASK Group, backed by global investment giant Blackstone, has received approval from SEBI to launch its mutual fund business. The firm aims to offer research-driven mutual fund solutions, expanding its presence in the asset management space.

With this move, ASK Group looks to complement its existing investment offerings, leveraging its expertise in wealth management and portfolio advisory. The entry of a seasoned player into the mutual fund segment is expected to intensify competition and provide investors with more diversified investment options.

A senior government official has clarified that IndusInd Bank’s recent compliance issue is an internal matter and does not pose any systemic risk to the banking sector. The statement aims to ease concerns among investors and depositors following reports of regulatory scrutiny.

While the specifics of the compliance lapse remain undisclosed, the government reassured that the broader banking system remains stable and well-regulated.

Ashok Leyland has bagged defence contracts worth ₹700 crore, strengthening its position as a key supplier to the Indian armed forces. The order includes specialized military vehicles such as the Stallion 4x4, Stallion 6x6, Short Chassis Bus, and Mobility System Travelling Platform, catering to various defense mobility needs.

This deal underscores Ashok Leyland's expertise in defense logistics and is expected to boost its revenue and market standing in the defense sector.

Indian equity markets turned volatile as Sensex lost 550 points from its intraday high, while Nifty slipped below 23,500, weighed down by concerns over potential US tariffs. Investors remained on edge as Trump's anticipated April 2 tariff decision looms, with the US administration indicating that not all tariffs may be imposed.

Sectors like automobiles and manufacturing were hit the hardest, while broader market indices showed resilience. Market participants are closely watching global cues for further direction.

The Housing and Urban Development Corporation (HUDCO) board will meet on April 4 to consider a ₹65,000 crore borrowing plan for FY26. Additionally, the board will discuss increasing its total borrowing limit from ₹1.5 lakh crore to ₹2.5 lakh crore to support its expanding financing needs.

This move reflects HUDCO’s efforts to bolster infrastructure financing, aligning with India's affordable housing and urban development initiatives.

Shree Cement surged 4% after Nomura upgraded the stock to ‘Buy’, citing improving utilization levels and better volume growth prospects in FY26. The brokerage expects higher cement demand to drive revenue expansion, benefiting top players like Shree Cement.

Nomura's bullish stance aligns with expectations of strong infrastructure spending and resilient construction activity, reinforcing optimism for India's cement sector.

BEML Ltd. continued its upward momentum for the second straight session after securing a metro car supply order from Bengaluru Metro Rail Projects. The order includes the design, manufacturing, and supply of standard gauge metro cars along with training services.

Additionally, the Chhattisgarh government has invited BEML to set up a manufacturing facility, further boosting growth prospects. These developments strengthen BEML’s positioning in the rail and urban transport sector.

Shares of Kesoram Industries fell sharply after a large block deal involving 3.5% equity, with 10.85 million shares exchanged in a single transaction on the NSE. The significant trade has raised speculation about potential stake movements, impacting investor sentiment.

The stock is under pressure as traders assess the implications of this sizable transaction on its future trajectory.

Bharat Heavy Electricals Ltd (BHEL) received a Letter of Intent (LoI) for a ₹11,800 crore order from a Chhattisgarh-based power company, boosting investor sentiment. This marks its second consecutive session of gains, with the stock rising over 5% since March 26 and nearly 23% in a month.

The order strengthens BHEL’s position in the power sector, reinforcing its role in major infrastructure projects.

Indian equity benchmarks Sensex and Nifty traded weak on global concerns, with IT and auto stocks facing pressure due to tariff uncertainties. However, broader market sentiment remained positive, as midcap and smallcap stocks saw selective buying.

Investors are closely watching global cues and FII activity, as tariff-related developments continue to impact sectoral performance.

Shares of Aster DM Healthcare Ltd jumped 5.12%, reaching ₹477.80, as strong investor confidence and positive financial metrics fueled the rally. The stock’s movement aligns with increased institutional interest and robust sectoral growth in healthcare.

With expanding operations and steady financials, Aster DM Healthcare continues to be a key player in the industry, drawing attention from both domestic and foreign investors.

Shares of Avenue Supermarts surged 2.37% to ₹4,163.65, driven by high trading volumes and a positive market outlook. The stock’s uptrend reflects strong financial performance and sustained bullish sentiment among investors.

Market participants remain optimistic about the retail giant’s growth trajectory, particularly amid steady consumer demand and expansion plans.

Indian markets closed the March series on a strong note, with the Nifty reclaiming 23,500. Broader indices outperformed benchmarks, driven by foreign institutional investor (FII) inflows, marking a reversal from previous monthly losses.

While tariff-related developments remain a key sentiment driver, analysts see further upside potential. The renewed FII interest signals confidence in Indian equities despite global uncertainties.

Zen Technologies' stock surged 4% after securing a ₹152-crore contract for its Integrated Air Defence Combat Simulator (IADCS). The deal strengthens India's focus on self-reliant defence training solutions, enhancing air defence readiness while reducing operational training costs.

This order reinforces Zen Technologies' leadership in military simulation systems, with its fully indigenous technology aligning with the Make in India initiative. Investors responded positively to the contract, boosting the stock.

Shares of Godrej Properties surged 2% after the company announced successful sales worth ₹1,000 crore from its luxury residential project, Godrej Astra, in Gurugram’s Golf Course Road micro-market. The project spans 2.76 acres and has witnessed strong demand from high-net-worth buyers.

Analysts believe the premium real estate segment in top cities remains robust, driven by rising disposable incomes and increasing demand for luxury housing. This success further strengthens Godrej Properties’ market positioning in the luxury segment.

Foreign Institutional Investors (FIIs) have reversed their selling trend, turning net buyers of Indian equities in March for the first time since December. While they were net sellers of ₹67 crore till March 26, a shift occurred post the Nifty index rejig, leading to net buying exceeding ₹11,000 crore as of March 27.

This influx of foreign funds has boosted market sentiment, supporting the recent rally in benchmark indices. Analysts see this as a positive sign, but sustainability will depend on global economic cues and domestic market valuations.

Shares of Jio Financial Services edged higher, while Zomato traded flat on their Nifty 50 debut. Meanwhile, stocks of Britannia Industries and BPCL, which were removed from the index, saw gains of up to 2.5% in early trading.

Market analysts note that inclusion in the Nifty 50 typically attracts fresh institutional inflows, while exclusions can lead to short-term selling pressure, often followed by a rebound as seen in Britannia and BPCL today.

Dilip Piramal, promoter of VIP Industries, has reportedly resumed discussions to sell his controlling stake in the company. According to sources, investment bank Arpwood has been appointed to facilitate the deal.

The potential stake sale comes amid increased M&A activity in the consumer goods sector. Investors are closely monitoring developments as the company explores strategic options.

Bharat Electronics Ltd (BEL) has secured fresh orders worth ₹1,385 crore over the past two weeks, boosting investor confidence and pushing its stock higher. The new contracts cover radar spares, radar upgradation, and advanced electronic systems, reinforcing BEL’s position in India's defense sector.

With a strong order pipeline and continued government defense spending, BEL is well-positioned for growth. The stock's movement reflects optimism around future revenue visibility and execution capabilities.

Jubilant FoodWorks, the master franchisee for Domino’s Pizza in India, plans to open 1,000 new outlets over the next three years, expanding its current 2,000-store network. The company also operates Dunkin’ Donuts and Popeyes in India.

The aggressive expansion strategy aims to strengthen Domino’s market leadership, capitalize on rising demand for quick-service restaurants (QSRs), and boost revenue growth. Investors are watching for further details on store locations and investment plans.

GAIL India shares surged 3.43% to ₹180.25, driven by high trading volumes and strong investor sentiment. The stock's upward momentum reflects growing confidence in the company's natural gas infrastructure and expansion plans.

Analysts believe that robust demand for gas transmission and favorable sectoral policies could further support GAIL's growth. Investors are closely watching for updates on its new projects and LNG sourcing strategies.

Indian companies are actively exploring partnerships with Chinese suppliers as the IT Ministry finalizes a ₹25,000 crore incentive scheme for electronic components manufacturing. The policy aims to boost domestic production and reduce import dependence, especially in semiconductors and advanced electronics.

Industry experts believe that collaborations with Chinese firms could provide a technological edge, but the government may closely monitor such partnerships amid geopolitical sensitivities.

India’s IT sector is set for a third consecutive year of single-digit revenue growth in FY26, according to Crisil Ratings. While firms are integrating AI and Gen AI into their services, the adoption is still in its early stages, limiting any immediate revenue boost.

Sluggish global demand, cost-cutting by key clients, and delays in large deals are contributing to the muted growth outlook. Analysts expect spending to pick up in the long run, but near-term challenges remain.

Indian equity markets remained strong, with Sensex and Nifty on track to close higher, driven by financial heavyweights like HDFC Bank, ICICI Bank, Bajaj twins, Reliance Industries, and L&T. Their gains helped offset the decline in auto stocks, which faced pressure from recent tariff concerns.

With strong FII inflows and continued interest in banking and infrastructure stocks, market sentiment remains positive, despite sector-specific headwinds.

The Indian government expects limited disruption from the reciprocal tariffs announced by the US, including higher levies on auto and steel exports. Officials believe that most targeted goods aren't price-sensitive, and India's auto exports to the US remain modest, reducing the potential fallout.

Despite concerns, India’s export sector may remain resilient, with policymakers focusing on diversification and strategic trade partnerships to mitigate risks.

NBCC shares rose 2% after the company signed an MoU worth Rs 25,000 crore for housing and urban development projects in Maharashtra. This marks NBCC’s first major redevelopment project in the state, following its success in transforming Delhi’s landscape.

The agreement strengthens NBCC’s position in India’s urban infrastructure sector, potentially driving future growth and investor confidence.

Coforge has announced a strategic partnership with Microsoft to improve developer efficiency and streamline software development processes. The collaboration focuses on leveraging GitHub Copilot, an AI-powered coding assistant, to enhance productivity across various industries.

By integrating GitHub Copilot into multiple development ecosystems, Coforge aims to accelerate software delivery and improve code quality, reinforcing its commitment to innovation in enterprise solutions.

United Spirits shares gained 2% after the company declared an interim dividend of ₹4 per share. Investors reacted positively to the announcement, boosting the stock in today's session.

Additionally, the board has appointed Praveen Someshwar as Managing Director & CEO for a five-year term. This leadership change is expected to strengthen the company’s strategic direction and operational efficiency.

Adani has resumed full power supply to Bangladesh after payments from the Bangladesh Power Development Board (BPDB) resumed. Data from BPDB indicates that Adani increased power supply over two weeks ago, signaling a resolution of earlier payment delays.

The restoration ensures stable electricity supply from Adani's Godda power plant, a critical energy source for Bangladesh. The development also strengthens India-Bangladesh energy ties, easing concerns over potential power shortages.

DLF Cyber City Developers (DCCDL) has received a credit rating upgrade to AAA (Stable) from CRISIL, reflecting its strong financial position and stable cash flows. The company's 36 million sq. ft. office portfolio across Gurugram, Chennai, Hyderabad, and Chandigarh has contributed to its steady revenue growth and low leverage.

This upgrade reinforces investor confidence in the company’s long-term stability and enhances its ability to raise funds at competitive rates.

The Reserve Bank of India (RBI) is set to meet bank economists on April 3 to gather feedback on proposed revisions to its liquidity framework. The discussions will focus on enhancing liquidity management strategies to ensure financial stability and efficient monetary policy transmission.

This meeting comes amid evolving market conditions and global economic uncertainties, signaling potential policy shifts that could impact banking sector operations.

Category: Economy

Kotak Mahindra Bank’s private banking division is set to add thousands of new clients, building on the 2,280 new families it onboarded in the year ending March 2024. This growth comes as the bank strengthens its wealth management services, catering to high-net-worth individuals.

Backed by billionaire Uday Kotak, the unit is expanding its offerings, driven by rising affluence and increasing demand for personalized banking solutions in India.

Laurence Balanco of CLSA believes that the worst phase for Indian markets is over, with the Nifty poised to break past 26,000 in the near term. He points to improving technical indicators and sustained FII inflows as key drivers.

Additionally, infrastructure stocks are showing early signs of an uptrend, but Balanco suggests waiting for further confirmation before calling a strong rally in the sector. Investors may look for sectoral momentum and macroeconomic cues to capitalize on upcoming opportunities.

With Trump’s proposed 25% auto tariffs, Indian automotive exporters could face headwinds. In H1FY25, India exported $3.67 billion worth of auto components to the US, making firms like Bharat Forge, Motherson Sumi, Tata Motors (JLR), and Sundaram Fasteners vulnerable to cost pressures and potential volume decline.

Investors should watch for management commentary, alternative market strategies, and tariff mitigation measures before making decisions. While the long-term outlook remains strong, near-term volatility is likely.

India’s IT services sector is witnessing a major shift as over 60% of new deals are seeing their tenure reduced, according to Forrester. Previously, transformation projects lasted 3-5 years, but now they are expected to be completed in 18 months or less.

This shift reflects the growing preference for faster execution, cloud-based solutions, and agile frameworks. While it may increase project turnover, IT firms could face pressure on margins and resource allocation as they adapt to shorter timelines.

India is set to expand investment opportunities for foreign investors by doubling the investment limit for individuals, according to reports. This move aims to attract more foreign capital, extending benefits previously available only to overseas Indians.

The initiative aligns with India's broader strategy to enhance liquidity and deepen market participation, potentially boosting FII inflows further. Analysts expect this could make Indian equities more attractive to global investors.

Adani Green Energy Limited shares rose 2.61%, supported by high trading volumes and positive investor sentiment. The stock’s momentum highlights confidence in the company’s renewable energy growth strategy and its strong financial performance.

With India’s push toward clean energy, Adani Green remains a key player in the sector, attracting long-term investors looking for sustainable opportunities.

Shares of Bank of Baroda (BoB) and Punjab National Bank (PNB) led gains in PSU banking stocks, pushing the Nifty PSU Bank index higher. The rally comes a day after a key bill was passed, boosting investor confidence.

BoB surged as Citi maintained a ‘Buy’ rating and placed the stock on a ‘positive catalyst watch’. The strong performance of PSU banks also supported Sensex and Nifty, which traded higher after a slow start.

The Sensex surged 400 points, while the Nifty crossed 23,600, driven by persistent foreign institutional investor (FII) buying. This marks the fifth consecutive session of net FII inflows, reflecting growing confidence in Indian equities.

Apart from strong FII participation, positive global cues and sectoral strength in banking, infrastructure, and IT stocks contributed to the rally. Investors are closely watching macroeconomic trends and upcoming earnings reports for further market direction.

Shares of JSW Infrastructure surged 3.17% in today's session amid unusually high trading volumes. The stock's movement is drawing attention as investors assess its growth potential in the logistics and infrastructure space.

With recent acquisitions and expansion strategies, JSW Infrastructure remains a key player in the sector, and the current volume spike suggests heightened market interest.

Larsen & Toubro (L&T) shares gained momentum after BNP Paribas reaffirmed its 'Outperform' rating, citing expectations of a strong financial year ahead. The brokerage remains bullish on L&T’s execution capabilities and robust order pipeline.

Adding to the optimism, L&T recently secured an ultra-mega offshore contract for the North Field Production Sustainability Offshore Compression Project in the hydrocarbon sector, further strengthening its growth outlook.

Foreign investors poured $1.39 billion into Indian equities this week, marking the highest inflow across Asian markets. This surge suggests growing confidence in Indian market valuations, though analysts remain cautious about whether this momentum can sustain without fresh catalysts.

Despite global uncertainties, India's strong economic outlook and corporate earnings growth continue to attract Foreign Institutional Investors (FIIs), reinforcing its position as a key emerging market.

Narayana Hrudayalaya shares surged 3.21% to ₹1,683.85, backed by high trading volumes and a bullish market sentiment. Investors are closely tracking the stock’s performance as it continues to show strong momentum in the healthcare sector.

The company’s consistent growth trajectory and expansion efforts have contributed to renewed investor confidence, making it a key stock to watch.

Wipro emerged as the top gainer on Nifty, rising 2% after securing a $650 million contract with ReAssure UK. The deal, signed through Wipro Financial Outsourcing Services, focuses on providing platform-based life and pension third-party administration services.

This long-term agreement strengthens Wipro’s presence in the financial services sector, reinforcing investor confidence and boosting stock momentum.

Shares of Bharat Forge fell over 3%, a day after the Indian government announced defence contracts worth ₹6,900 crore. The stock’s decline suggests that investors may have already priced in the positive news or are booking profits following recent gains.

Despite the dip, Bharat Forge remains a key player in India’s defence sector, and its long-term growth outlook continues to be strong, backed by rising defence orders and domestic manufacturing initiatives.

Indian equity markets remained resilient, with the Sensex trading in the green and the Nifty holding steady above 23,500. However, auto and ancillary stocks came under pressure following Trump’s proposed 25% tariffs on foreign-made vehicles, impacting companies like Tata Motors.

Meanwhile, the broader market saw muted movement, with the Nifty Midcap 100 and Smallcap 100 inching up by 0.1% each, reflecting investor caution amid global trade uncertainties.

Shares of JB Chemicals & Pharmaceuticals fell 7% after 90 lakh shares (5.8% equity) changed hands in a large block deal. Private equity giant KKR, the company’s promoter, was reportedly the likely seller.

The sell-off has raised investor concerns over potential institutional exits, leading to short-term pressure on the stock. However, market participants will closely monitor who the buyers were and the long-term impact of this transaction.

JSW Infrastructure shares rose after the company announced the acquisition of a slurry pipeline business for ₹1,617 crore. This move enhances JSW Infra’s logistics capabilities and strategically supports JSW Steel’s raw material transportation in Odisha, ensuring efficient supply chain operations.

Investors reacted positively, viewing this acquisition as a long-term value driver for JSW Group’s expanding infrastructure and steel businesses.

Tata Motors shares tumbled 7% as Donald Trump’s proposed 25% tariff on auto imports raised concerns over Jaguar Land Rover (JLR) sales in the US. Since JLR’s vehicles are manufactured in the UK and other international locations, they could face higher costs and potential demand slowdown in the American market.

The tariff uncertainty has triggered a sell-off in auto stocks, with investors closely monitoring any policy updates.

A major block deal in Max Financial Services saw 1.5% equity (51.16 lakh shares) change hands for ₹569 crore at ₹1,112 per share. Max Ventures Investment Holding was likely the seller in this transaction.

The deal comes amid growing investor interest in financial services stocks, with Max Financial's life insurance business remaining a key attraction. The stock's movement post-transaction will be closely watched.

REC Ltd’s board has approved raising up to ₹1.7 lakh crore via debt in FY26, leading to a 3.76% decline in its share price to ₹426.1 on the NSE. The proposed borrowing plan includes bonds, term loans, and foreign currency borrowings to fund infrastructure and power projects.

While the fundraising is aimed at expansion, concerns over rising debt levels may have triggered selling pressure in the stock.

RITES Ltd shares fell 5.03% to ₹235.02, weighed down by high trading volumes and sustained selling pressure. The sudden decline indicates a shift in investor sentiment, possibly due to profit booking or concerns over future earnings.

Analysts will be watching whether this dip attracts bargain hunters or signals a deeper correction in the stock.

Bharti Airtel has prepaid an additional ₹6,000 crore towards spectrum liabilities and redeemed $1 billion in debt, strengthening its balance sheet. The telecom giant has now prepaid ₹25,981 crore in high-cost spectrum dues for FY25 and ₹66,665 crore in total to date.

This aggressive debt reduction strategy is aimed at lowering finance costs and improving cash flow. Airtel’s focus on deleveraging signals financial prudence, positioning it strongly for 5G expansion and future growth.

Hindustan Aeronautics Ltd (HAL) stock surged 3% after GE Aerospace delivered the first of 99 jet engines for India’s Tejas fighter jets, overcoming severe delays. The $725 million (₹5,375 crore) deal, signed in 2021, originally scheduled deliveries for 2023.

The timely execution of this contract is crucial for India’s indigenous defense manufacturing, strengthening the Tejas fleet and boosting HAL’s long-term growth prospects in the defense sector.

Saudi Aramco is exploring investment opportunities in Indian refineries, aiming to expand its presence in one of the world's fastest-growing energy markets. As Western refiners cut crude processing capacity to focus on cleaner energy, India sees an opportunity to position itself as a global refining hub.

With India's rising fuel demand and government support for refinery expansion, Aramco’s entry could strengthen energy ties between the two nations and secure long-term crude supply agreements.

Maruti Suzuki plans to invest over $860 million to establish a new production plant, further expanding its manufacturing footprint. The facility will boost capacity to 750,000 units per year by 2029, reinforcing its market leadership in India.

This move aligns with Maruti's long-term growth strategy, catering to rising demand while supporting local production and exports. The expansion underscores the carmaker’s commitment to scaling up operations amid growing competition in the auto sector.

Dailyhunt parent VerSe Innovation reduced its EBITDA loss by 50% to ₹710 crore in FY24, signaling strong cost optimization. The company is eyeing 75% revenue growth in FY25, leveraging its AI-first products and platforms.

With an aggressive push toward profitability, VerSe aims to break even in H2 2025, backed by expanding user engagement and monetization efforts across its digital content ecosystem.

Trent's stock rose 3% after its fashion retail chain Westside expanded its store count to 244, adding three new outlets. This marks a strong growth from 238 stores at the end of Q3 FY24.

The expansion reflects Trent’s aggressive retail push and increasing market presence in the fashion segment. Investors are optimistic about continued revenue growth from the brand’s widening footprint.

Mark Matthews of Julius Baer downplayed concerns over US tariffs, estimating their impact at $10 billion—a minor dent in India’s $4 trillion economy. He emphasized that India’s growth trajectory remains intact, supported by strong domestic demand, infrastructure spending, and foreign investments.

While some export sectors may face short-term challenges, experts believe India's diversified economy will absorb the shock without significant disruption.

Indian equities declined after a 7-day winning streak, with Sensex falling 400 points and Nifty slipping below 23,600. Weakness in pharma and IT stocks dragged the indices lower.

While the Nifty Midcap 100 gained 0.2%, the Smallcap 100 declined 0.45%, reflecting mixed sentiment. Analysts remain cautious due to persistent valuation concerns, warning of potential volatility ahead.

Indian companies ramped up foreign investments by 40% to $36 billion in FY25, despite concerns over potential tariff policies under Trump. The United States emerged as the second-largest destination for Indian corporate capital, following Singapore.

Experts suggest that diversification strategies and global expansion plans have driven this surge, with companies hedging against policy uncertainties while seeking new growth opportunities abroad.

DLF has purchased a 49.99% stake in DLF Urban from GIC's arm for ₹497 crore, making it the sole owner of the entity. This move consolidates DLF’s position in the luxury housing segment, as DLF Urban has developed a premium residential project in Delhi.

The acquisition aligns with DLF’s strategy of expanding its high-end real estate portfolio, reinforcing its dominance in the luxury housing market.

Larsen & Toubro (L&T) has won its largest-ever offshore hydrocarbon order, valued at over ₹15,000 crore, from QatarEnergy LNG. The contract is for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4).

This deal strengthens L&T’s position in the global hydrocarbon sector, reflecting its expertise in offshore engineering. The project aims to enhance Qatar’s LNG production capacity, reinforcing its dominance in the global gas market.

Syria has strongly condemned Israeli airstrikes in Daraa, calling them a "flagrant violation" of its sovereignty. The attacks, which resulted in casualties, were justified by Israel as operations against militants in the region.

The strikes come amid heightened geopolitical tensions, with regional powers warning of potential instability. As diplomatic efforts remain limited, concerns grow over further escalations in the Middle East.

Shares of Amara Raja Batteries and Exide Industries surged up to 5% after the government classified lithium-ion batteries as ‘core auto components’. This move streamlines the import process, reduces compliance risks, and is expected to boost investments in the EV battery sector.

The decision removes a key regulatory hurdle for battery makers and aligns with India’s push for EV adoption. Investors are optimistic about the long-term growth potential in the sector.

Ashok Leyland shares rose 3% ahead of its board meeting amid market speculation of a potential takeover of SML Isuzu Limited. Investors are betting on the acquisition to strengthen Ashok Leyland’s position in the light and medium commercial vehicle segment.

If confirmed, this deal could enhance market share and expand its product portfolio, making Ashok Leyland more competitive in the growing commercial vehicle market.

Shares of Zomato and Swiggy dropped up to 3% after BofA Securities downgraded both stocks and slashed their target prices. Zomato has lost nearly 29% in 2025, while Swiggy has plunged around 40% during the same period.

The downgrade reflects concerns over profitability, rising competition, and challenges in the quick-commerce space. Investors are closely watching how these platforms navigate cost pressures and market dynamics.

Laxmi Dental shares jumped 5% after Nuvama Institutional Equities initiated coverage with a 'Buy' rating and a target price of ₹570, implying a 38% upside.

The brokerage cited strong growth prospects in the dental care sector, robust financials, and expansion opportunities as key drivers. With rising demand for oral healthcare solutions, Laxmi Dental is well-positioned for long-term growth.

Siemens India shares surged 5% after the National Company Law Tribunal (NCLT) approved the demerger of its energy business. The move aligns with Siemens AG’s global strategy, which spun off its energy unit in 2020.

The demerger will allow Siemens Ltd. to streamline operations and focus on core businesses, enhancing efficiency and shareholder value. Analysts expect this restructuring to unlock long-term growth potential for the company.

Chinese smartphone maker Vivo aims to generate 70% of its sales from international markets by 2027, up from its current 50%. The company plans to ramp up premium device sales in India, targeting a larger share of the high-end segment.

Chief Operating Officer Hu Baishan emphasized Vivo’s commitment to expanding global reach amid rising competition in China. India remains a key market, where it competes with Apple and Samsung in the premium smartphone space.

Indian markets snapped their 7-day winning streak as pharma stocks tumbled on tariff concerns. The Nifty Midcap 100 fell 0.2%, while the Smallcap 100 dropped 0.6%, reflecting broader market weakness.

Investors remain cautious amid global trade uncertainties and profit-booking in key sectors. While IT stocks outperformed, the sentiment was dented by fears of potential disruptions in the pharma supply chain.

Stylam Industries' stock jumped 8% after the Indian government imposed an anti-dumping duty on Acrylic Solid Surfaces, a key product for the company. Stylam produces 70-80% of India's total Acrylic Solid Surfaces, making it a major beneficiary of this move.

The duty is expected to reduce competition from cheaper imports, boost domestic sales, and improve profitability for the company. Investors reacted positively, anticipating stronger margins and revenue growth.

Bank of India’s first dollar loan in over ten years saw strong interest from 22 banks, allowing the lender to increase the deal size by $100 million through a greenshoe option. The move reflects renewed global investor confidence in Indian banks.

The successful syndication highlights rising foreign appetite for Indian financial assets, driven by the country’s stable economic outlook and robust banking sector fundamentals.

India faces a record ₹29.7 trillion ($346 billion) in sovereign bond maturities over the next five years, driven by pandemic-era borrowing and infrastructure spending. To manage this, the government is targeting household savings through small savings schemes and retail bond participation.

With rising interest rates globally, domestic investor reliance is crucial to avoid excessive foreign borrowing. Experts suggest that higher retail participation in government bonds could stabilize yields and reduce external vulnerabilities.

Arvind SmartSpaces' stock rose 3% after the company announced that its Bengaluru project worth ₹180 crore was fully sold out at launch. The strong demand highlights the company’s growing presence in the city’s real estate market.

Since entering Bengaluru in 2013, Arvind SmartSpaces has launched 12 projects, with six completed and the rest in various stages of development.

Copper-related stocks saw renewed buying interest after investors revisited Trump’s earlier request for a Commerce Department probe into copper tariffs. The potential tariffs could reshape global copper trade, benefiting domestic producers while increasing pressure on major exporters.

Analysts believe higher import duties could drive up domestic copper prices, favoring companies with strong local operations. However, concerns remain about the impact on global supply chains.

The Indian stock market started Tuesday’s session on a cautious note, with the Nifty opening at 23,700 and the Sensex trading flat.

Among key movers, NCC Ltd surged 4%, while Ashok Leyland declined. Stocks in focus for the day include Maruti Suzuki, Siemens India, ONGC, TVS Motor, IOB, DLF, and NTPC Green Energy, among others.

Indian Renewable Energy Development Agency (IREDA) raised ₹910 crore through privately placed bonds, boosting investor confidence. Geojit Financial Services has maintained a 'Buy' rating on the stock with a target price of ₹196, implying a potential 15% upside from its last closing price.

The fresh capital is expected to strengthen IREDA's lending capacity in the renewable energy sector, aligning with India’s green energy ambitions.

Retail investors offloaded ₹9,200 crore worth of equities in March, marking the largest monthly sell-off since December 2023. Meanwhile, Domestic Institutional Investors (DIIs) stepped in as strong buyers, injecting ₹28,118 crore into the market.

Conversely, Foreign Institutional Investors (FIIs) continued their selling spree, withdrawing ₹8,224 crore, reflecting global risk aversion and profit-booking trends.

Samsung has stated that it is exploring legal options after Indian tax authorities slapped the company with a $601 million tax demand over alleged misclassification of telecom tower equipment.

Authorities claim the South Korean tech giant evaded duties by misclassifying imports, a charge that Samsung denies. The dispute adds to ongoing regulatory challenges faced by multinational corporations in India.

Online stockbroking platform Groww is set to raise $250 million in a funding round led by GIC, valuing the company at $6.8 billion, according to reports.

This fundraising comes ahead of Groww’s planned IPO, which aims to raise over $1 billion. The company continues to expand its presence in India's fast-growing retail investing market.

Vodafone Idea (Vi) has approached the Department of Telecommunications (DoT) to surrender some of its spectrum, aiming to reduce its ₹6,091 crore bank guarantee obligation. The telco stated that this is its only pending securitization requirement from the March 2015 auction.

The move is part of Vi’s broader strategy to reduce financial strain and secure government relief while it works on fundraising and network expansion plans.

The market failed to sustain early gains and ended flat as most sectors closed in the red. IT stocks outperformed, while auto, capital goods, metals, PSU banks, and realty saw a 1-1.5% decline.

Top Gainers: UltraTech Cement, Trent, Bajaj Finserv, Infosys, Grasim Industries
Top Losers: IndusInd Bank, Dr. Reddy’s Labs, Adani Enterprises, Coal India, Adani Ports

The BSE Midcap index fell 1%, and the Smallcap index declined 1.5%, signaling weak sentiment in the broader market.

Zomato and Swiggy stocks have seen sharp declines this year, partly due to rising competition from Zepto, which is in talks for a $250 million secondary sale ahead of its IPO. Macquarie remains cautious on quick commerce but sees potential in dine-out segments.

The sector faces margin pressures and intense competition, raising concerns about long-term profitability in hyperlocal delivery services.

Shares of Trent Ltd surged 2.3% in today's session, driven by a notable increase in trading volume. The spike in activity suggests heightened investor interest and visibility, reinforcing the stock's bullish momentum.

With consistent expansion in retail operations and strong consumer demand, Trent remains a key player in the retail sector, attracting both institutional and retail investors.

Shares of Punjab & Sind Bank rallied 6% after the lender launched a Qualified Institutional Placement (QIP) at a floor price of Rs 40.38 per share. This marks the fifth consecutive session of gains, with the stock rising over 16% during the period.

The QIP initiative is expected to strengthen the bank’s capital base and improve its growth prospects. Investor sentiment remains strong, with increasing participation from institutional buyers driving momentum.

With another scorching summer ahead, the Indian government is preparing thermal power plants (TPPs) to meet record peak electricity demand. According to the Power Ministry, coal stocks at TPPs have reached a historic high of 54 million tonnes (MT), ensuring a steady power supply.

India has been ramping up coal production and optimizing power distribution to prevent outages. The government expects peak demand to surpass last year’s record, making preparedness crucial for maintaining energy security.

Tesla’s struggles in Europe continued in February 2025, with new car registrations dropping 40% year-on-year to 16,888 units. This marks another setback for the Elon Musk-led company, which faces rising competition from Chinese EV makers and slowing demand in key European markets.

Analysts cite pricing pressures, regulatory challenges, and production constraints as key reasons behind Tesla’s weak performance. The company may need to reassess its strategy to regain momentum in the region.

The Indian government has issued a $601 million tax demand to Samsung over telecom equipment imports, a significant amount considering the company's $955 million net profit in India last year.

The tax dispute could impact Samsung’s operations and future investments in the country. The company may challenge the demand, with analysts watching for regulatory developments and Samsung’s response.

S&P Global Ratings has cut India's GDP growth projection for FY26 to 6.5%, citing expectations of a normal monsoon and stable crude oil prices. This is a downgrade from its earlier outlook, reflecting cautious optimism amid global economic uncertainties.

While India remains a high-growth economy, concerns over external risks, policy changes, and inflation trends could impact future revisions.

Shares of Star Health tumbled 3.82% to ₹345.3, marking a 52-week low, after IRDAI reportedly found irregularities in claim settlement practices, as per CNBC-TV18.

Regulatory scrutiny could lead to operational changes or penalties, adding pressure to the stock. Investors will watch for clarifications from the company and any regulatory actions.

Global asset management giant BlackRock has launched its first Bitcoin exchange-traded product (ETP) in Europe, named 'iShares Bitcoin ETP', as per its official product listing.

This move follows BlackRock's successful Bitcoin ETF launch in the U.S., signaling increasing institutional acceptance of cryptocurrencies. The European launch aims to cater to rising investor demand for regulated crypto investment vehicles.

Chinese AI firm DeepSeek has released an upgraded model, DeepSeek-V3-0324, intensifying competition with OpenAI. The model is now available on Hugging Face, signaling DeepSeek's ambition to strengthen its position in the global AI race.

With advancements in natural language processing and AI capabilities, DeepSeek is aiming to expand its footprint in the rapidly evolving AI ecosystem, competing against Western tech giants in the race for AI dominance.

Overseas investors are regaining confidence in Indian assets, with net stock purchases of $515 million in the week ending March 21, marking the first weekly inflow of 2025. Additionally, foreign funds have invested $3 billion in local bonds so far in March—the highest since 2017.

This renewed interest is driven by stable economic policies, strong corporate earnings, and India's resilient growth outlook, boosting market sentiment.