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Indian benchmark indices Sensex and Nifty fell sharply on March 11, driven by profit booking, a weakening rupee, FII selling, and global geopolitical tensions.
Reliance Industries has seen its market capitalization erode by nearly Rs 3 lakh crore in 2026, driven by a slowdown in its retail business and heavy investments.
Shares of Adani Total Gas rallied nearly 39% after the government issued an order prioritizing gas supplies for domestic PNG and CNG customers amid global disruptions.
Major financial and technology firms are closing offices across West Asia after Iran warned of targeting economic infrastructure linked to the US and Israel.
Following high-level diplomatic talks, Iran has granted safe passage to Indian-linked oil tankers through the vital Strait of Hormuz, easing concerns over India's energy security.
Indian stock markets witnessed a sharp decline, with Sensex and Nifty falling nearly 3% as soaring crude oil prices above $100 rattled investor sentiment.
Jefferies lowers its price target for Bharti Airtel to ₹2,250, citing potential delays in Jio's IPO and concerns over the company's new NBFC venture.
Indian oil marketing companies like HPCL, BPCL, and IOCL saw stock prices fall by up to 19% in March, driven by surging global crude oil prices and geopolitical tensions.
KEC International demonstrates robust growth with a year-to-date order intake surpassing ₹22,800 crore, driven by significant wins in T&D and civil sectors.
Shares of Bikaji Foods International surged after Motilal Oswal reiterated a 'Buy' rating, setting a target price of ₹900, citing strong expansion plans.
The ongoing Middle East conflict disrupts global oil supplies, causing price hikes in Pakistan while India maintains stable petrol and diesel prices for now.
Supply disruptions from the Middle East have triggered a severe cooking gas shortage in India, forcing price hikes and threatening businesses, fueling broader economic inflation concerns.
Adani Enterprises' subsidiary, Adani Defence Systems & Technologies, has increased its ownership in Air Works India to 99.98% after acquiring an additional 14.2% stake.
VA Tech Wabag reports a 30% surge in Q3 FY26 net profit to ₹91 crore, driven by an 18.5% revenue increase and a robust order book exceeding ₹16,300 crore.
Motilal Oswal reiterates a 'Buy' rating on Bikaji Foods, setting a target price of ₹900, citing strong growth prospects and strategic expansion into new product categories.
Indian benchmark indices Sensex and Nifty50 experienced a significant crash, driven by escalating geopolitical tensions in West Asia and Brent crude oil prices surpassing $100 per barrel.