Markets News
Rupee hits fresh low of 95.75 per dollar amid crude oil, FPI pressure
Worst-performing Asian currency in 2026, second-worst since Iran war
 "Rupee hits fresh low of 95.75 per dollar amid crude oil, FPI pressure")
Strong domestic demand could ease war's impact for Indian Hotels
Strong domestic travel demand helped IHCL offset West Asia conflict impact, with Q4 revenue rising 14% and occupancy levels remaining robust
 "Strong domestic demand could ease war's impact for Indian Hotels")
Nifty IT tumbles 3.7% to near 3-year low amid AI disruption concerns
Indian IT stocks fell sharply after OpenAI's acquisition of consulting firm Tomoro intensified concerns over AI-led disruption to traditional IT services models
 "Nifty IT tumbles 3.7% to near 3-year low amid AI disruption concerns")
India's share in global market capitalisation slips below 3% mark
India's global market capitalisation share fell below 3 per cent for the first time in four years after a sharp two-day equity market selloff
 "India's share in global market capitalisation slips below 3% mark")
Markets tumble for second day as crude surge sparks inflation concerns
Over Rs 17 trillion in investor wealth was wiped out in two days amid fears over inflation, fiscal deficit pressures and continued foreign outflows
 "Markets tumble for second day as crude surge sparks inflation concerns")
Kishore Biyani, two other officials fined ₹50 lakh for disclosure lapses
Apart from Kishore Biyani, who was chairman and managing director, other top executives of the company penalised by Sebi are former MD Rakesh Biyani and the ex-CFO CP Toshniwal
 "Kishore Biyani, two other officials fined ₹50 lakh for disclosure lapses")
ONGC, Oil India rally up to 7%; what's driving state-owned upstream stocks?
With oil at $80/bbl, analysts at CLSA project an over 50 per cent total return on ONGC as it is pricing in $65/bbl Brent; sets target price for the oil explorer at ₹405 per share.
 "ONGC, Oil India rally up to 7%; what's driving state-owned upstream stocks?")
Sebi proposes doubling position limits for agri commodity derivatives
The regulator has proposed higher client-level position limits and revised penalties for breaches to improve liquidity and deepen agricultural commodity markets
 "Sebi proposes doubling position limits for agri commodity derivatives")
Sebi proposes phased physical settlement in select agri derivatives
The regulator has proposed allowing select agricultural derivatives contracts to begin with financial settlement before transitioning to compulsory physical delivery
 "Sebi proposes phased physical settlement in select agri derivatives")
Sensex extends losses, falls 1560pts intraday; Nifty below 23,350: Reasons
The Sensex touched an intraday low of 74,449.50, down more than 1,566 points, or 2 per cent. Similarly, the Nifty 50 index lost 467 points, or 1.96, to make a low of 23,348.40.
 "Sensex extends losses, falls 1560pts intraday; Nifty below 23,350: Reasons")
Market Crash: Sensex tanks 1,456 pts, Nifty ends at 23,380; IT, realty, consumer durables bleed
In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 2.54 per cent and 3.17 per cent down, respectively
 "Market Crash: Sensex tanks 1,456 pts, Nifty ends at 23,380; IT, realty, consumer durables bleed")
Black Box rallies 11% on huge volumes; stock zooms 95% since April
In a clarification to the stock exchanges on surge in trading volume, Black Box said there was no undisclosed / price sensitive information or any impending announcement / corporate action.
 "Black Box rallies 11% on huge volumes; stock zooms 95% since April")
Cipla Q4 preview: Profit may plunge on weak US sales; check estimates here
Cipla's March 2026 quarter revenue is expected to decline marginally to ₹6,665 crore as compared to ₹6,730 crore in the year-ago period
 "Cipla Q4 preview: Profit may plunge on weak US sales; check estimates here")
V-Marc India jumps 11% to hit record high; check what's fuelling the rally?
The company further informed exchanges that its board has recommended the issue of bonus shares in the ratio of 5:1
 "V-Marc India jumps 11% to hit record high; check what's fuelling the rally?")
Sasken Tech zooms 20% to hit new 52-wk high post Q4; ₹13 dividend declared
Sasken Technologies has reported 125 per cent Y-o-Y jump in its Q4 net profit to ₹26.98 crore. Besides, the board has also declared a final dividend of ₹13 per share.
 "Sasken Tech zooms 20% to hit new 52-wk high post Q4; ₹13 dividend declared")
Sonata Software shares drop 8% after management skips FY27 guidance
Sonata Software shares plunged over 7 per cent after the company refrained from giving FY27 growth guidance. Weak sentiment in IT stocks after OpenAI's latest announcement also weighed on the stock
 "Sonata Software shares drop 8% after management skips FY27 guidance")
Metal stocks shine in weak market: Hind Zinc, Vedanta up 4%; top picks here
Analysts said that the metal space is again a renewed strength after a healthy consolidation phase. They said that strong metal prices will help support or boost the company's profits going forward.
 "Metal stocks shine in weak market: Hind Zinc, Vedanta up 4%; top picks here")
PVR Inox: Why analysts are bullish on the multiplex giant after Q4 results
PVR Inox reported strong Q4 results led by higher ticket prices, and a strong movie pipeline. Analysts remain bullish on the company's asset-light expansion strategy, and balance sheet strength
 "PVR Inox: Why analysts are bullish on the multiplex giant after Q4 results")
UPL dips 4% on Q4 results; Motilal Oswal sees 10% downside on tax headwinds
UPL ended the FY26 on a strong note, driven by broad-based growth across geographies and business platforms, despite continued pricing pressure in the global crop protection industry
Parag Milk jumps 6% on launching milk-based protein drink in Tetra Pak
The buying on the counter came after Parag Milk Foods entered India's growing ready-to-drink (RTD) protein beverage market under its sports nutrition brand Avvatar
 "Parag Milk jumps 6% on launching milk-based protein drink in Tetra Pak")