Stock Market Highlights Mar 10: Sensex, Nifty snap two-day losing streak as oil prices plunge

Stock market

Sensex settled 639.82 pts or 0.82% higher at 78,205.98, and Nifty 50 ended 233.55 pts or 0.97% positive at 24,261.60.

Stock market

Top Gainers and Laggards on BSE

Top gainers on the BSE: Authum Investment (+20%), Happiest Minds (+17.86%), RCF (+16.73%)

Top losers: Polycab (-6.23%), KEI (-5.20%), Finolex Cables (-3.85%)

Industryupdate

Vaibhav Chugh, CEO, Abakkus Mutual Fund on the ‘AMFI Data’.

‘The interest in equity markets and investment products continues. Though the markets have been volatile because of geo-political situation however the investors have become more aware about valuation corrections and thus SMID continue to attract flows. The flows in hybrid, Gold ETFs reflect that investors want to simultaneously hedge portfolios, which in general is a way to hedge against global volatility. However, after a massive January Gold ETF flows, it appears that some money is rotating back to equities because of equity price corrections. The overall AUM has crossed 82000 Crs, a testament to the deepening of financialization of Indian savings. Despite February having fewer days which slightly impacted the SIP, the underlying sentiment remains robust with folio growth.’

Infrastructure

BMW Ventures bags ₹15.91 crore steel order

BMW Ventures has secured an order of worth ₹15.91 crore for supply, fabrication, delivery, and erection of fabricated steel structure in the Fabricated Steel Manufacturing Division of the Company.

Industryupdate

Cyient and Prospecta to Transform Asset-Intensive Industries through Unified Master Data Foundation

Cyient and Prospecta to Transform Asset-Intensive Industries through Unified Master Data Foundation.

Shares gained 5% on the NSE to Rs 898.45

Industryupdate

Tech Mahindra’s arm Tech Mahindra Digital Pty Ltd has been voluntarily liquidated

Personal finance

RateGain Launches RG Pay

RateGain Launches RG Pay, Expanding Embedded Payments Across the Global Travel and Hospitality Ecosystem

Shares soared 5% on the NSE to Rs 493.80

Industryupdate

Blue Star unveils a comprehensive new range of Unitary Cooling products to drive next phase of growth.

Shares gained 1% on the NSE to Rs 1,894.80

Stock market

Market analysis by Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $69,900 on the day and rose 4.1% over the past 24 hours. This is read as a tentative recovery after the volatility seen earlier in the week. The market continues to move within a relatively narrow consolidation band. Immediate support appears clustered between $68,000 and $68,500. These levels broadly coincide with the realised price range for many on-chain holders. A break below that band could expose a deeper demand zone between $65,000 and $66,500. On the upside, $70,000-$72,000 continues to act as a stubborn resistance corridor. The zone has repeatedly capped rallies in recent sessions. A decisive move above it could open the path toward $80,000, where on-chain supply appears comparatively thinner. The current structure reflects a cautiously constructive market. Buyers are attempting to test the ceiling even as traders remain wary of macro signals.

Network data indicates continued operational strength within the Bitcoin ecosystem. The hash rate has climbed to around 742 EH/s, while a 2.3% upward difficulty adjustment on March 8 marked the seventh consecutive increase. Larger wallets holding more than 1,000 BTC added roughly 0.3% to their balances during recent dips. This points to prudent accumulation during periods of weakness. On-chain data also indicates that more than 400,000 BTC changed hands in the $60,000-$70,000 band. Market activity has also remained elevated as trading volumes touched about $73 billion earlier in the week. 

Institutional flows have also turned supportive. Spot Bitcoin exchange-traded funds have seen around $1.7 billion in net inflows since late February. This reversed a stretch of outflows that lasted roughly four months. For the March 8-10 period, flows contributed to a weekly net inflow of about $568 million. 

Major altcoins have broadly tracked Bitcoin’s upward move. According to data, Ethereum traded near $2,035 (+2.9%), while BNB gained roughly 3.3% to around $643. XRP advanced about 2.3% to $1.38. The large dollar-pegged stablecoins USDT and USDC remained anchored near $1. This reflects stable liquidity conditions across the market.

Macro developments remain a key variable in the near term. The U.S. consumer price index (CPI) data is due on March 11. The expectation of around 2.8% year-on-year core inflation could influence Federal Reserve policy. Additional signals may emerge from U.S. JOLTS labour data on March 13 and the Federal Reserve’s policy decision scheduled for March 18. The markets broadly anticipate a hold within the 3.50%-3.75% range. 

Our advice: The $68,000-$70,000 zone is emerging as a key decision band where traders should avoid excessive leverage and focus on disciplined position sizing. Institutional ETF inflows and on-chain accumulation suggest underlying demand. But macro data such as U.S. inflation prints can still trigger short-term volatility. Investors should therefore prioritise staggered buying and risk management rather than chasing momentum.

Stock market

Cupid shares surges on bonus issue ex-date, volumes explode

Cupid shares surges on bonus issue ex-date, volumes explode

Cupid Limited’s shares surge on bonus issue ex-date, with heavy trading and impressive returns amid strong retail interest.

Industryupdate

Abbott launches XIENCE Skypoint drug-eluting stent in India for complex heart blockages

Abbott launches XIENCE Skypoint drug-eluting stent in India for complex heart blockages

Abbott launches XIENCE Skypoint drug-eluting stent in India, designed to treat complex heart artery blockages and support doctors in advanced cardiovascular care.

Industryupdate

Eco Hotels And Resorts informed the BSE about the opening of its hotel in Ayodhya.

Stock market

Sensex, Nifty hold gains, Shriram Finance, IndiGo among top movers, IT stocks decline

Sensex, Nifty hold gains, Shriram Finance, IndiGo among top movers, IT stocks decline

Benchmark equity indices remained firmly in positive territory during the afternoon session on Tuesday, sustaining early gains after staging a sharp rebound from the previous session’s steep decline.

Industryupdate

Bajel Projects has executed a Collaboration Agreement with National Investment and Infrastructure Fund (NIIF) and Anantgrid Private Limited (Anantgrid).

Industryupdate

NAVA Ltd approved the incorporation of two (2) wholly owned subsidiaries of the Company in GIFT City IFSC, Gujarat.

Industryupdate

Univastu India’s T & T Univastu JV has secured Rs 229 cr contract from Maharashtra Metro Rail Corporation

Marketup

Stock Market Live Updates: Happiest Minds revises FY27 growth expectation to 12.5%. Shares jump 13% on the NSE to Rs 386.10

Marketdown

Reliance Industries shares slip 0.87% after Reliance Retail buys Pahadi Local

Shares of Reliance Industries Limited were trading lower on Tuesday afternoon despite the company’s retail arm announcing the acquisition of Himalayan beauty brand Pahadi Local. On the NSE, the stock was quoted at ₹1,411.60, down ₹12.40 or 0.87 per cent as of 12:57 IST, with sellers clearly dominating — 57 per cent of orders on the sell side against 43 per cent on the buy side. Read more

Stock market

Stock Market Live Updates: Nifty holds 24,200 at midday; Auto and Pharma lead gains as IT drags

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Nifty holds 24,200 at midday; Auto and Pharma lead gains as IT drags

Markets extended the morning’s recovery into the afternoon session on Tuesday, with the benchmark indices trading higher around midday, building on the gap-up open triggered by easing geopolitical tensions and a sharp retreat in global crude oil prices.

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Info tech

Share Market Today Live: Vodafone Idea shares flat after early 2% rise, HDFC Securities recommends buying on dips

Vodafone Idea shares flat after early 2% rise, HDFC Securities recommends buying on dips

Vodafone Idea shares stabilize post-early gains; HDFC Securities advises buying on dips, warns investors of exit at ₹5.70.

Stock market

Nikkei share gauge closes higher on Tuesday

Japan’s Nikkei share gauge closed higher on Tuesday, recovering some of the losses ‌from the previous session, as investors reacted to moves by major economies to tap oil reserves to stabilise markets shaken by the Middle East conflict.

The benchmark Nikkei 225 Index rose ‌2.88% to close at 54,248.39, recouping some losses after a 5.2% plunge ‌on Monday. The broader Topix climbed 2.47% ‌to 3,664.28. – Reuters

Banking

Stock Market Live: Indian Overseas Bank Receives Tax Demand Order Worth ₹502 cr

Commodities

Fuel Prices Today: Check petrol, diesel rates city-wise

Petrol, Diesel Price Today: Check city-wise fuel rates

Check today’s petrol and diesel prices in Indian cities, reflecting recent global crude oil price changes.

NSE

Stock Market Live: NIFTY 50 heatmap as on 12:27 PM (Source: NSE website)

BSE

Stock Market Live Updates: BSE Sensex heatmap as on 12:26 PM (Source: BSE website)

Commodities

India invokes Essential Commodities Act to secure LPG supply amid West Asia tensions

Government invokes Essential Commodities Act to secure LPG supply amid West Asia tensions

Centre invokes Essential Commodities Act to secure LPG supply, directs refineries to boost production and prioritise household cooking gas amid West Asia energy tensions.

Banking

AIBOA urges Telangana to hold on to IDBI Bank property in Rangareddy district

AIBOA urges Telangana to hold on to IDBI Bank property in Rangareddy district

All-India Bank Officers’ Association (AIBOA) has appealed to Chief Minister of Telangana to intervene to halt any future sale of immovable property (50 acres of land) allotted to erstwhile Industrial Development Bank of India (IDBI) in Rangareddy district falling under then undivided Andhra Pradesh.

Industryupdate

Share Markets Live: Equirus Asset Management Appoints Dilip Kumar RV as Independent Director

Veteran venture capital and financial services leader brings over two decades of investment and governance experience

Equirus Asset Management, part of the Equirus Group, has announced the appointment of Mr. Dilip Kumar RV as an Independent Director on its Board. The appointment comes as the firm continues to expand its portfolio management and alternative investment platforms and further strengthens the governance and strategic oversight of the business.

Dilip Kumar RV brings over two decades of experience across venture capital, financial services and impact investing. Over the years, he has been closely associated with the development of India’s venture capital ecosystem and has supported several portfolio companies in their growth journey. He brings deep expertise in institutional fund management, governance frameworks and long-term capital deployment across emerging sectors.

Marketup

Stock Market Live Updates: Interarch Building Solutions secured a contract for Rs 44 crore. Shares surged 3.5% on the NSE to Rs 1,794.

Banking

Stock Market Live Updates: Kotak Mahindra Bank eyes M&A to deploy excess capital

Kotak Mahindra Bank eyes M&A to deploy excess capital

CEO Ashok Vaswani says lender has capacity for deals exceeding $1 billion

Industryupdate

Thomas Cook India, SOTC Travel join hands with Booking.com

Thomas Cook India and SOTC Travel partner with Booking.com to offer corporate clients world-class accommodation solutions to enhance their business travel experience

Shares gained 3% on the NSE to Rs 90.48

Commodities

Precious Metals Stabilise as Dollar Softens and War Concerns Ease: Renisha Chainani

Renisha Chainani, head of research at Augmont, writes:

· Safe Heaven Dynamics – Silver rebounded to around $90 after briefly slipping below $80 in the previous session, supported by a pullback in the US dollar. As expectations grew that the Iran conflict could end sooner than initially feared, safe-haven demand for the dollar eased, allowing precious metals to recover. While geopolitical tensions typically support bullion, the rapid shifts in risk sentiment have led to short-term volatility rather than a sustained safe-haven rally.

· Geopolitical Developments – US President Donald Trump indicated that the US military operation in Iran is nearing completion and progressing faster than the initial four-to-five-week timeline. He also signaled potential waivers on oil-related sanctions and plans for the US Navy to escort tankers through the Strait of Hormuz, aiming to stabilize oil flows and prevent a sharp spike in energy prices.

· Dollar Outlook – The U.S. Dollar Index had earlier strengthened due to safe-haven demand as the Middle East conflict and rising oil prices heightened concerns about economic disruption and inflation. Market participants are now focused on upcoming US inflation indicators, including the Consumer Price Index and the Personal Consumption Expenditures Price Index, which will provide further signals on inflation trends and potential monetary policy direction.

Technical Triggers

· Gold continues to maintain a bullish bias, with prices expected to move towards $5250 (~ ₹165,000) and $5300 (~ ₹167,000) in the near term. Strong support is seen around the $5000 (~ ₹158,500) level, which is likely to act as a key buying zone on any corrective dips.

· After achieving the target of $90, Silver also remains firmly supported and is continuing its upward momentum, with the next upside target seen around $95 (~ ₹285,000). On the downside, strong support is placed near $80 (~ ₹260,000), suggesting that any short-term corrections could attract fresh buying interest.

Finance

IIFL Finance has approved allotment of NCDs aggregating to Rs 500 cr.

Industryupdate

Ramco Systems Wins Aviation Software Deal from Tata Advanced Systems

Ramco Systems announced that it will implement its next-gen Aviation Software at the upcoming Defence MRO facility of Tata Advanced Systems Limited (TASL), the strategic Aerospace and Defence arm of the TATA Group.

Ramco Systems zoomed 6% on the NSE to Rs 426.55.

Industryupdate

Dreamfolks received ₹7 crore GST demand order

Dreamfolks Services has received GST Demand order from the Office of the Special Commissioner of Revenue Bureau of Investigation (South Bengal) 14, Belighata Road, Kolkata-700015, totalling ₹7 crore.

Shares posted 2.5% gain, trading at Rs 74.74 on the NSE.

Stock market

HAL, BEL, MTAR, Mazagon Dock steady as Motilal flags defence spending boost amid geopolitical tensions

HAL, BEL, MTAR, Mazagon Dock steady as Motilal flags defence spending boost amid geopolitical tensions

Defence stocks have been in focus in recent sessions amid the intensifying West Asia conflict, with escalating geopolitical tensions expected to drive higher global military spending and create fresh opportunities for Indian manufacturers, according to Motilal Oswal.

Industryupdate

Stock Market Live Updates: Equirus Asset Management Appoints Veteran Venture Capital Leader Dilip Kumar RV as Independent Director

Marketup

Share Markets Live: Arvind SmartSpaces jumped nearly 14% to Rs 570.30.

Pirojsha Adi Godrej on Monday bought nearly 1.8% stake in Arvind SmartSpaces for Rs 40.7 crore from an affiliate of HDFC Capital through an open market transaction.

Industryupdate

Stock Market Live Updates: NTPC Shares flat on the NSE at Rs 377.80.

NTPC has informed the Exchange regarding declaration of COD of second part capacity of 91.6 MW out of 250 MW Solar PV Project located in Andhra Pradesh by a group company of NGEL.

Industryupdate

Oil & Natural Gas Corporation Limited has informed the Exchange regarding Appointment of Shri Vinod Seshan as Government Nominee Director of the company w.e.f. March 09, 2026

Stock market

Domestic investors control 36% of free float Nifty 50 market capitalisation, says SEBI Chairman

Domestic investors control 36% of free float Nifty 50 market capitalisation, says SEBI Chairman

SEBI chief highlights shift from 35% market cap-to-GDP in 1995 to over 130% today on Nifty’s 30th anniversary

NSE

Nifty Bank Prediction Today – March 10, 2026: Nifty Bank futures: Might witness a minor rally

Nifty Bank Prediction Today – March 10, 2026: Nifty Bank futures: Might witness a minor rally

Nifty Bank futures (March) can reach 57,500; risk-averse traders can stay out

Industryupdate

Stock Market Live: Hotel, restaurant stocks trade mixed amid concerns over commercial LPG supply disruption

Hotel and restaurant stocks trade mixed amid commercial LPG supply disruption concerns

Hotel and restaurant stocks traded mixed after FHRAI flagged commercial LPG supply disruptions. Government forms panel to review supply amid Strait of Hormuz concerns.

NSE

Nifty Prediction Today – March 10, 2026: Nifty 50 Futures: Resistance holding well; go long only on a break above it

Nifty Prediction Today – March 10, 2026: Nifty 50 Futures: Resistance holding well. Go long only on a break above it

Nifty 50 March Futures contract has to break 24,285 to go higher

Finance

Rupee rebounds from all-time low, up 7 paise to 92.14 against US dollar in early trade

Rupee rebounds from all-time low, up 7 paise to 92.14 against US dollar in early trade

The rupee rebounded from its all-time low in early trade on Tuesday, rising 7 paise to 92.14 as global oil prices fell after US President Donald Trump said the war with Iran may end soon.

Banking

Share Market Live Updates: IDFC First Bank pays ₹645 crore to settle claims tied to suspected fraud

IDFC First Bank pays ₹645 crore to settle claims tied to suspected fraud

IDFC First Bank has paid ₹645 crore ​to ‌settle claims related to a ​suspected fraud ⁠involving accounts of entities related to the northern state of ‌Haryana, the mid-sized private bank said on Tuesday.

Marketup

Stock Market Live Updates: Dixon Tech shares jump over 7% after MeitY nod for joint venture with HKC Overseas

Dixon Tech shares jump over 7% after MeitY nod for joint venture with HKC Overseas

Dixon Technologies shares rose up to 7% after MeitY approved its JV with HKC Overseas, which will acquire a 26% stake in Dixon Display Technologies.

Industryupdate

Share Markets Live: Calcom Vision has entered into an association with Goldmedal Electricals, as its new customer

Stock market

Stock Market Live Updates: Marine Electricals shares rise 2% to ₹187.71 on the NSE

Marine Electricals (India) has received orders totaling Rs. 27.21 crores (excluding taxes) from Princeton Digital Group (India) Management Private Limited.

Shares rose nearly 2% on the NSE to ₹187.71

Commodities

India says no to IEA’s call to release strategic oil reserves

India says no to IEA’s call to release strategic oil reserves

“The crisis (that led to a rise in prices) is not our creation. Those responsible have to deal with it and create situations to ease (prices),” sources said, ruling out releasing Indian reserves

Industryupdate

Oil Ministry forms panel to review LPG supply to restaurants and hotels

Oil Ministry forms panel to review LPG supply to restaurants and hotels

The Oil Ministry has set up a panel to review LPG supply to restaurants and hotels while prioritising household cooking gas amid global fuel disruptions and Hormuz uncertainty.

Infrastructure

February power demand hits 15-year high amid rising temperatures: Crisil

February power demand hits 15-year high amid rising temperatures: Crisil

Crisil Intelligence attributes 2 per cent rise to 133 BUs to increased cooling needs; fiscal 2026 growth seen at 1-1.5%

Stock market

Sensex, Nifty rebound as easing West Asia tensions pull oil prices lower

Markets opened sharply higher on Tuesday morning after U.S. President Donald Trump signalled that the conflict with Iran may be nearing its end, triggering a steep fall in crude oil prices and a broad recovery in global risk sentiment. Read more

Industryupdate

Trac Precision Solutions Enters Five-Year Strategic Collaboration with Coolbrook to Support RotoDynamic Electrification Technology Development.

PTC Industries rose 1% on the NSE to Rs 17,450

Industryupdate

150 more beds Grecian Super Speciality Hospital, Mohali

Park Medi World approved the expansion of bed capacity of Grecian Super Speciality Hospital, Mohali (“Mohali Hospital”) by adding 150 beds to the existing bed capacity of 350 beds. The Mohali Hospital is run and operated by RGS Healthcare Limited, Subsidiary of the Company.

The company also informed that the hospital located at Plot no. 1, Sector 5, MDC Urban State, Panchkula being a Unit of the Company, shall commence its operations with effect from March 29, 2026.

NSE

Top gainers and top losers | Nifty 50

Top gainers:

Wipro (+1.86%), Shriram Finance (+1.54%), Apollo Hospitals (+1.24%), Sun Pharma (+0.61%)

Top losers:

ONGC (-1.26%), Reliance (-1.07%), Coal India (-0.71%), Infosys (-0.58%)

Industryupdate

Saatvik Green Energy has incorporated a Wholly Owned Subsidiary (WOS) namely “Saatvik Power Storage Solutions Limited” in India

Industryupdate

Clean Max Enviro Energy Solutions has executed Share Purchase Agreement amongst the Company, Clean Max Hana Private Limited and TCPL Packaging Limited.

Shares were down 1% on the NSE to Rs 870.10.

Industryupdate

Acme Solar Holdings Limited has informed the Exchange about receipt of certificate of commissioning of 4 MW capacity of wind power project 

Shares traded flat on the NSE at Rs 221.23.

Finance

Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into an agreement with CNH Industrial (India) Private Limited. 

Shares gained 2% on the NSE to Rs 220.96.

Finance

CreditAccess Grameen has signed a syndicated social loan facility of $75 million, qualifying as an ECB under the automatic route of the Reserve Bank of India (RBI).

Shares were up 2% on the NSE to Rs 1,182.90

Industryupdate

Cipla USA Inc., a wholly owned subsidiary of Cipla, decided to initiate a recall of the unexpired batches of Lanreotide Injection, leading to temporary lack of supply to the market.

Industryupdate

Mahindra Logistics has appointed Yash Jalta, as Head – Fleet Service Business

Industryupdate

Spark Minda Green Mobility Systems signs JV agreement with Turntide Drives

Spark Minda Green Mobility Systems Private Limited, India (SMGM) a wholly owned subsidiary of Minda Corporation Limited has signed a Joint Venture Agreement with Turntide Drives Limited, United Kingdom (Turntide) for the development and manufacturing of advanced new generation motor controllers, axial flux motors, pumps for thermal applications , and other customized controllers tailored primarily for India’s growing EV segment including any activities reasonably incidental or ancillary thereto.

Commodities

US explores coordinated oil stock release and Russian crude sales to stabilise markets

US considers coordinated oil reserve release to cool prices amid Iran war

The US is weighing a coordinated Strategic Petroleum Reserve release with allies as the Iran conflict drives oil prices to the highest levels since 2022.

Industryupdate

Airlines begin to hike fares due to higher fuel prices, shares stabilise

Airlines begin to hike fares due to higher fuel prices, shares stabilise

Airlines, led by Air New Zealand, raise fares amid soaring jet fuel prices due to the ongoing West Asia conflict.

Stock market

Sensex climbed 578.07 pts or 0.75% to 78,144.23 at 9.17 am after higher opening at 78,375.73, and Nifty 50 gained 174.15 pts or 0.72% to 24,202.20.

On Monday, Sensex ended 1352.74 pts or 1.71% lower at 77,566.16, Nifty 50 depreciated 422.40 pts or 1.73% to 24,028.05.

Commodities

Crude oil prices fall over 5% as Trump signals end to West Asia war

At 9.06 am on Tuesday, May Brent oil futures were at $93.86, down by 5.15 per cent, and April crude oil futures on WTI (West Texas Intermediate) were at $89.80, down by 5.24 per cent. March crude oil futures were trading at ₹8261 on Multi Commodity Exchange of India (MCX) during the initial hour of trading on Tuesday against the previous close of ₹8788, down by 6 per cent, and April futures were trading at ₹8036 against the previous close of ₹8548, down by 5.99 per cent. Read more

Industryupdate

Several major Indian cement companies declined sharply in intraday trading, falling up to 7%, primarily due to concerns over operating margins from rising energy and fuel costs.

🔸Ramco Cements: Down 7% to ₹1,014.60

🔸JK Cement: Down 6% at ₹5,100

🔸UltraTech Cement: Down 5% at ₹11,350.40

🔸Birla Corporation: Down 5% at ₹822.85

🔸Shree Cement: Down 4% at ₹23,800

🔸India Cements: Down 5% at ₹362.90

Pressure mainly due to fears of squeezed operating margins from rising crude oil prices amid escalating Iran-Israel-US geopolitical tensions. Higher oil boosts costs of key fuels like petcoke (heavily imported) and diesel for logistics in this energy-intensive sector, pressuring profitability despite strong long-term demand from infrastructure and housing.

Commodities

Crude oil futures trade lower as Trump indicates intention to end the war

Crude oil futures traded lower on Tuesday morning after US President Donald Trump indicated his intention to end the war in West Asia and announced measures to ease supply disruptions. At 9.06 am on Tuesday, May Brent oil futures were at $93.86, down by 5.15 per cent, and April crude oil futures on WTI (West Texas Intermediate) were at $89.80, down by 5.24 per cent. March crude oil futures were trading at ₹8261 on Multi Commodity Exchange (MCX) during the initial hour of trading on Tuesday against the previous close of ₹8788, down by 6 per cent, and April futures were trading at ₹8036 against the previous close of ₹8548, down by 5.99 per cent.

Info tech

Apple now makes about 25% of iPhones in India after China pivot

Apple now makes about 25% of iPhones in India after China pivot

Even though the gap has narrowed, electronics assembly and component manufacturing still costs more in India than in countries including China and Vietnam

Industryupdate

Hybrid super-credits could distort India’s CAFE-III emission targets, warns ex-NITI Aayog official

CAFE-III norms may delay EV shift if hybrid credits stay, warns former NITI Aayog EV head

Former NITI Aayog EV programme head Randheer Singh warns hybrid super-credits and small-car concessions in CAFE-III could weaken India’s push towards electric mobility.

Stock market

Securities in Ban For Trade Date 10-MAR-2026:

1.⁠ ⁠SAIL

2.⁠ ⁠SAMMAANCAP

Commodities

Gold rises after trump signals Iran conflict may be nearing end

Bullion rose as much as 0.9 per cent to top $5,180 an ounce, wiping out a decline in the previous session. Trump said the conflict would be resolved “very soon” and a gauge of the dollar fell as much as 0.1 per cent, extending a decline on Monday. Crude tumbled more than 10 per cent in a market that’s been whiplashed by exceptionally volatile trading. Read more

Stock market

Japan Stocks Rebound With Tech Strong as Oil’s Slump Boosts Mood

Japanese stocks gained, rebounding from Monday’s rout after oil prices fell and Donald Trump’s comments allayed concerns about a prolonged conflict in the Middle East. 

The Nikkei advanced as much as 3.6% as of 10:30 a.m. in Tokyo while the broader Topix Index rose as much as 3%. Chip and AI-related shares like Lasertec Corp., Ibiden Co. and Sumitomo Electric Industries Ltd. led the gains, with banks and machinery also strong.

Stock market

Nasdaq 100 Erases Drop as Dip Buyers Pounce on Iran War Worries

The Nasdaq 100 Index advanced on Monday, erasing an earlier decline, as dip-buyers took advantage of concerns around the prospect of a prolonged war in Iran amid rising energy prices and inflation concerns.

The tech-heavy gauge was little changed at 12:36 p.m. in New York, paring a drop of as much as 1.4%. The S&P 500 Index slipped 0.2%, also pulling away from a heavier drop. Brent crude rose 7.5% to $100 a barrel as the world’s largest economies considered a co-ordinated release of emergency oil stockpiles, with a standstill of tanker traffic through the vital Strait of Hormuz choking off supplies to the rest of the world. (Bloomberg)

Technicalcallbuy

Today’s Stock Recommendation: March 10, 2026

Stock market

In FNO on 09-03-2026,

FIIs Net…

Sell 19,611 Lots of Index Futs, 

Buy 16,619 Lots of Index Calls,

Sell 57,566 Lots of Index Puts, 

Buy 35,202 Lots of Stock Futs.

Nifty Monthly PCR 1.10 v/s 1.14 the previous session

Nifty Weekly PCR 1.00 v/s 0.68 the previous session 

BankNifty Monthly PCR 0.79 v/s 0.79 the previous session

NSE

NSE Sectoral indices | March 9, 2026

NSE

NSE Closing bell | March 9, 2026

Industryupdate

ABB to invest ~$75 million in India in 2026

ABB to invest ~$75 million in India in 2026 to expand manufacturing and R&D, add labs in Hyderabad/Bengaluru, create 300+ jobs, and strengthen local production of regional electrification and automation solutions.

Marketup

Asian markets rebound, oil plunges as Trump signals quick end to West Asia conflict

Asian stocks rallied and oil prices plunged at the start of trading on ‌Tuesday, following a volatile session for markets overnight after US President Donald Trump declared the Middle East war could be “over soon.”

MSCI’s broadest index of Asia-Pacific shares ⁠outside Japan was up 2.6%, paring losses since the start of the conflict, while Brent crude futures fell as much as 10% to below $90 per barrel as trading resumed. US equity futures were more muted, with S&P ‌500 e-mini futures down 0.2% to pare Monday’s rebound.

Read more

Stock market

Markets likely to see a gap up opening of over 300 points

Indian ​stock markets​ are likely to bounce back on Tuesday, as US President Donald Trump said the war will be over soon in Iran. Gift Nifty at 24,360 signals that the Nifty is likely to open with a gap-up of over 300 points. Global stocks also bounced back, led by battered Korean stocks, while crude oil prices softened sharply. Read more ​here​

Industryupdate

Hotel stocks, Reliance, RCom, Arvind Lifespace, Dixon, NTPC Green Energy to remain in focus on Tuesday

The Federation of Hotel and Restaurant Associations of India (FHRAI) on Monday flagged the shortage of commercial cooking gas cylinders due to supply disruptions and sought government intervention in the matter. FHRAI wrote to Minister of Petroleum and Natural Gas Hardeep Singh Puri, highlighting “widespread disruption at the ground level”. Read more

Technicalcallbuy

Stock to buy today: Avenue Supermarts (₹3,965.70) – BUY

Stock to buy today: Avenue Supermarts (₹3,965.70) – BUY

Cluster of supports are there in the ₹3,900-₹3,800 region. Avenue Supermarts share price can rise to ₹4,150 from here