Markets News

Stock Market LIVE: Sensex off lows; Nifty near 23,200; realty, stocks underperform

Sensex Today | Stock Market LIVE Updates: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.28 per cent and 0.75 per cent down, respectively.

Nifty Realty index tanks 18% in 1 month; DLF, Oberoi, Lodha at 52-week lows

Sobha, Anant Raj, Prestige Estates Projects, Oberoi Realty, Signature Global and Lodha Developers were down in the range of 4 per cent to 6 per cent on the NSE in intra-day trade on Monday.

Citi cuts Nifty year-end target to 27,000 on oil shock, West Asia war risks

Citi expects RBI to stay on pause in April, with its policy tone potentially tilting toward growth if fiscal measures absorb most of the inflationary pressures

Nifty Bank down 11% since West Asia war; SBI, HDFC Bk lose over ₹1 trn each

Major lenders such as SBI, HDFC Bank, ICICI Bank, and Axis Bank have seen significant erosion in their market capitalisation since the start of West Asia war

Seamec shares jump 7% on ₹410 crore vessel O&M order from ONGC

The contract has been awarded to a consortium of Seamec and Supreme Hydro Private Ltd. for the hiring of operation and maintenance services for the vessel for the 2026-2028 period

ICICI Bank erodes ₹1.2 trn mcap; stock hits 52-week low, down 12% in month

Analysts believe the recent stock market correction due to the ongoing conflict between Iran and Israel-US and resultant dislocations in stock prices, presents an opportunity to add 'better' stocks.

Deep Industries shares jump 8% on inking MoU with Advait Greenergy

The buying on the counter came after the company entered into a memorandum of understanding (MoU) with Advait Greenergy Pvt Ltd (AGPl) to jointly bid for and execute green hydrogen project tenders

OMC stocks extend fall; BPCL, HPCL, IOCL down up to 4%; here's why

Thus far in March, the stock price of HPCL has slipped 22 per cent, while BPCL and IOCL were down 18 per cent and 14 per cent, respectively amid rising crude oil prices.

Crypto markets gain momentum: Bitcoin reclaims $74k, Ethereum eyes $2,300

Ethereum outperformed Bitcoin, trading with gains of more than 7 per cent and holding above the $2,200 mark

Inventurus Knowledge rises 3% as board clears $40 mn investment in US arm

The buying on the counter came after the company's board approved approved a further investment of up to $40 million in Inventurus Knowledge Solutions, Inc. (IKS Inc.)

Voltas shares drop on flagging GST inspection by Mumbai tax authorities

Shares of Voltas are in focus after the company said the Assistant Commissioner of State Tax, Investigation A, Mumbai, has initiated inspection proceedings at its office premises

Central Mine Planning IPO opens Mar 20: Check price band, size, dates, GMP

Central Mine Planning has set the price band for its maiden public issue in the range of ₹163 to ₹172 per share, with a lot size of 80 shares

Gas shortage: Why Nomura sees 'negligible impact' on HUL, ITC, Dabur?

Nomura's top picks include Britannia and Titan. It also prefers Marico, Tata Consumer, Godrej Consumer, Asian Paints and United Spirits

IndiGo gains 2% as airline restores West Asia flights, adds fuel charge

The parent of IndiGo said it will operate 252 weekly flights to and from the West Asia between March 16 and March 28, 2026

Nomura cuts Dec 2026 Nifty target by 15%; mid, smallcaps at risk

The research and broking house sees up to 10 - 15 per cent risk to consensus earnings estimates for FY27F in case oil prices remain at elevated levels.

War-driven selloff erodes $447 bn off India mcap, close to Covid crash

Even as a crude-laden Indian tanker sailed safely from UAE's Fujairah and Tehran claimed Hormuz is closed for its 'enemies', the war continues to rattle many sectors

Antique retains buy on Yatra; Middle East impact temporary, sees 87% upside

Factoring in the Middle East conflict-related disruption, Antique trimmed its FY26-FY28 earnings estimates for Yatra Online by 4 per cent each and reduced its valuation multiple to 27x from 32x

West Asia war may push cement prices higher; Nomura, Emkay pick top stocks

West Asia tensions may raise fuel and packaging costs for cement firms. Analysts see near-term margin pressure but suggest accumulating large-cap cement stocks.

Bajel Projects shares soar 13% on ₹700 crore EPC contract win from MSETCL

The contract involves the establishment of a 400/220 kilovolt air insulated switchgear (AIS) substation at Saswad in Pune district along with associated transmission lines

Here's why Tejas Networks share price rose 9% in trade on March 16

Tejas Networks share: The uptick in Tejas Networks' stock follows its announcement of a purchase order to supply 4G RAN (Radio Access Network) solutions for a mobile network in South Asia