Page 32 - Markets News
Red Sea tensions could push Brent to new cycle high in April, says analyst
A broader escalation-including the potential closure of the Red Sea chokepoint by Yemen's Houthis-would likely push both Brent and WTI to new cycle highs
 "Red Sea tensions could push Brent to new cycle high in April, says analyst")
TCS gains 2% in weak market; stock among ICICI Securities top IT picks
In the past year, TCS's share price has plunged by 34 per cent, compared to a 4.6 per cent fall in the BSE Sensex.
 "TCS gains 2% in weak market; stock among ICICI Securities top IT picks")
Central Mine Planning IPO to list on Mar 30; here's what GMP hints at
Central Mine Planning raised ₹1,842.12 crore through its initial public offering (IPO), which comprises an offer for sale (OFS) of 107.1 million equity shares.
 "Central Mine Planning IPO to list on Mar 30; here's what GMP hints at")
Emkay Global keeps 'Reduce' on Bharti Airtel; flags Jio IPO as key risk
Emkay Global has retained its 'Reduce' rating on Bharti Airtel stock despite Africa Ebitda upgrade, citing Arpu risks, valuations, and Jio IPO impact on investor flows and competition
 "Emkay Global keeps 'Reduce' on Bharti Airtel; flags Jio IPO as key risk")
War jitters hit IPOs: Powerica, Sai Parenteral lag; Amir Chand bucks trend
Among the three IPOs set to close for subscription today, only Amir Chand Jagdish Kumar has been fully subscribed, while Powerica, and Sai Parenteral's are yet to be fully booked
 "War jitters hit IPOs: Powerica, Sai Parenteral lag; Amir Chand bucks trend")
Canara Bank may jump back to ₹158; stock may gain up to 21%: Choice Broking
Target price of Canara Bank share: Sumeet Bagadia of Choice Broking expects Canara Bank to find strong support around ₹125, its previous rounding bottom breakout level.
 "Canara Bank may jump back to ₹158; stock may gain up to 21%: Choice Broking")
India VIX rises 9% amid West Asia jitters; up 90% since February 27
Since February 27, 2025, when the war initiated, India VIX has spiked over 90 per cent
 "India VIX rises 9% amid West Asia jitters; up 90% since February 27")
Bajaj Housing Finance hits record low, less than 10% away from IPO levels
Bajaj Housing Finance share price today: After today's 4 per cent fall, Bajaj Housing Finance shares are now less than 10 per cent away from their IPO levels of Rs 70
 "Bajaj Housing Finance hits record low, less than 10% away from IPO levels")
RIL share price tumbles 4%; govt's export duty on fuel spooks investors
RIL shares fell 4% after the govt imposed export duty on petrol and diesel. Here's why it impacts margins, stock outlook, and what analysts recommend.
 "RIL share price tumbles 4%; govt's export duty on fuel spooks investors")
Hindustan Aeronautics hits 52-week low; defence stock slips 10% in 6 days
Thus far in the calendar year 2026, HAL has underperformed the market, by falling 18 per cent, as against 13 per cent decline in the BSE Sensex.
 "Hindustan Aeronautics hits 52-week low; defence stock slips 10% in 6 days")
Motilal Oswal monthly stock picks: ICICI Pru AMC, TBO Tek among top bets
Motilal Oswal Wealth Management Research Desk has recommended buying the following stocks: ICICI Prudential AMC, Apollo Hospitals, Bharat Dynamics, Siemens Energy, Jain Resource Recycling, and TBO Tek
 "Motilal Oswal monthly stock picks: ICICI Pru AMC, TBO Tek among top bets")
ONGC gains 3% in weak market; outperforms thus far in CY2026
Thus far in the calendar year 2026, ONGC stock has outperformed the market by soaring 15 per cent, as against 12.8 per cent decline in the BSE Sensex.
 "ONGC gains 3% in weak market; outperforms thus far in CY2026")
How is West Asia conflict impacting metal companies? Axis Sec decodes
Nifty Metal fell as much as 1.6 per cent in trade to day's low at 11,156.7. At 10:49 PM, 14 out of 15 stocks on the index traded with losses
 "How is West Asia conflict impacting metal companies? Axis Sec decodes")
₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey
Kunal Kamble technical analyst at Bonanza explains that the technical charts suggests a negative bias for OMCs - HPCL, BPCL and IOC - with recent swing lows as key support zone.
 "₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey")
HCLTech, TCS, Wipro: Nifty IT gains 1% in weak market as rupee falls
In the morning deals, the domestic currency hit a new low at 96.16 against the US dollar
 "HCLTech, TCS, Wipro: Nifty IT gains 1% in weak market as rupee falls")
Tata Motors PV falls 5%, hits 52-week low as JLR halts production in UK
Tata Motors Passenger Vehicles (PV) shares declined 5 per cent after JLR temporarily halted production at its Solihull plant in the UK
 "Tata Motors PV falls 5%, hits 52-week low as JLR halts production in UK")
HEG, Graphite India gain upto 14% in weak market; what's driving GE stocks?
Graftech, an US-based industry leader in graphite electrode domain, increased graphite electrode prices by $600-$1,200 per metric ton.
 "HEG, Graphite India gain upto 14% in weak market; what's driving GE stocks?")
Foreign investors rethink India bet: BNP Paribas flags 4 risks for markets
FIIs have turned cautious on Indian equities, selling ₹1.07 trillion amid Iran war risks. BNP Paribas flags oil, inflation, CAD and earnings concerns.
 "Foreign investors rethink India bet: BNP Paribas flags 4 risks for markets")
Deal boost lifts Oracle Financial Services shares 7% in weak markets
OFSS share price today: Oracle Financial Services Software jumped 7 per cent after the company entered into a definitive agreement with an existing customer in the US
 "Deal boost lifts Oracle Financial Services shares 7% in weak markets")
Acme Solar gains 7% in trade; Centrum initiates with 'Buy', sees 16% upside
Brokerage firm Centrum Broking has initiated coverage on Acme Solar with a 'Buy' rating, citing that the company represents a high-growth renewable IPP play
 "Acme Solar gains 7% in trade; Centrum initiates with 'Buy', sees 16% upside")