Stocks To Watch On March 27: Markets Seen Weak; Oil Stocks, Infosys, UltraTech Cement In Focus

Indian equity markets opened lower on March 27, 2026, with the GIFT Nifty trading over 180 points down at 23,121 following weak global market cues and uncertainty in the developments of the situation in the region of West Asia.

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Global Cues Weigh On Sentiment

Asian markets traded lower after U.S. President Donald Trump extended the deadline for action on Iran’s energy infrastructure to April 6, allowing more time for negotiations, as reported by Reuters. The extension was granted after Iran requested additional time, with reports indicating movement of oil shipments through the Strait of Hormuz.

Among key indices, China’s CSI 300 declined 0.25%, Japan’s Nikkei fell 0.94%, Hong Kong’s Hang Seng edged lower by 0.09%, and South Korea’s Kospi dropped 2.94%.

Oil Stocks In Focus

Shares of oil marketing and exploration companies including Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Indian Oil Corporation, and Oil India are expected to remain in focus after Brent crude prices crossed $100 per barrel, according to Reuters.

Separately, Indian Oil Corporation has reportedly purchased liquefied petroleum gas from Iran for the first time in nearly eight years to address supply concerns linked to the West Asia situation.

Key Corporate Developments

Infosys has acquired U.S.-based Optimum Healthcare IT for $465 million in cash, as per company disclosures, strengthening its presence in the healthcare technology segment.

UltraTech Cement has resolved its arbitration dispute with Jaiprakash Associates related to the Dalla Super unit and associated mining assets, according to company filings.

Reliance Industries has denied reports regarding purchases of Iranian crude, stating such claims are unfounded, as per company statements cited in reports.

Jio Financial Services, in partnership with Allianz Group, has launched its reinsurance joint venture, Allianz Jio Reinsurance, which has received approval to operate in India.

Other Stocks To Watch

Shriram Finance has received approval from the Competition Commission of India for a $4.4 billion investment by Japan’s MUFG Bank, which will result in a 20% stake acquisition.

HFCL’s board has approved raising funds through issuance of up to 7.5 crore warrants at ₹74 per share to promoters.

Sula Vineyards has acquired a wine production facility in Nashik for ₹20 crore, while Polyplex Corporation plans to invest up to ₹11 crore in a solar power sourcing entity.

Ola Electric Mobility has initiated a program that provides a benefit of up to ₹50,000 on electric vehicles, besides new service and buyback schemes.

The market will be looking at the overall global and stock-related news as the day’s trading commences.