Indian Market News

On Monday, March 3, the Department of Public Enterprises announced the approval for upgrading Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) to 'Navratna' Central Public Sector Enterprises (CPSEs

Foreign Portfolio Investors (FPIs) continued their selling streak for the fifth consecutive month in February, withdrawing ₹41,748 crore from the secondary market amid escalating global trade tensions and the appeal of higher U.S. bond yields. O

Real estate firm Pranav Constructions is preparing for an initial public offering (IPO) as it has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). As per the DRHP, the IPO will consist of a fr

Angel One, BSE, MCX, and other capital market-focused stocks continued their losing streak for the sixth consecutive session on Monday, as broader markets remained in a downtrend. Investor sentiment took a hit due to fresh tariff threats that reignit

Shares of Indian Overseas Bank (IOB), a public sector lender, plunged by 5.7% to ₹41.01 on March 3, marking a 52-week low for the second consecutive session. This decline followed the bank's disclosure of a ₹699.52 crore demand notice from the De

UltraTech Cement, the flagship company of the Aditya Birla Group, emerged as the top gainer on the Nifty 50 index, despite an overall weak market sentiment. Investors and analysts closely examined the company’s latest investor call, which shed ligh

Shares of air conditioner manufacturers climbed higher on March 3 as investors anticipated a surge in demand following the Indian Meteorological Department’s (IMD) forecast of above-normal temperatures and an increased number of heatwave days acros

On March 2, 2025, global vertical SaaS firm Excelsoft Technologies announced that it has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for approval. The company aims to raise ₹700 crore throu

Global brokerage firm Morgan Stanley believes the consumption sector might be approaching the lowest point of the ongoing market sell-off. Elevated valuations have weighed heavily on investor sentiment, causing a sharp decline in consumption staple s

A special Anti-Corruption Bureau (ACB) court in Mumbai has ordered the registration of a First Information Report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials, citing allege

The Indian rupee appreciated by 17 paise on March 3, following a rebound in India's gross domestic product (GDP) growth during the third quarter of the current fiscal year, according to currency experts. The rupee opened at 87.3425 against the US dol

Asian stock markets remained in a state of uncertainty on Monday as investors closely watched upcoming tariff announcements and economic indicators. The MSCI Asia-Pacific index outside Japan remained flat, while Japan’s Nikkei index climbed 1.1%, b