Bajaj Electricals shares surge 6% after acquiring Morphy Richards brand rights
The company has signed a definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets.
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Oil could hit $150 if Strait of Hormuz disruption extends; central banks may stay on hold: Invesco
David Chao, Global Market Strategist-Asia Pacific at Invesco, said the immediate impact of higher oil prices on Asian economies will be on inflation, not growth. While geopolitical shocks may delay recovery, markets tend to perform better a year after such…
Gold near ₹1.57 lakh per 10 grams on MCX, silver gains 2%
Gold and silver prices in India rose on March 17, with MCX gold for April 2026 delivery up 1% and silver for May 2026 delivery up 2%, influenced by global trends.
Tata Power shares gain 3% after APTEL backs parallel power distribution in Maharashtra
The Appellate Tribunal for Electricity (APTEL) has dismissed an appeal filed by Brihanmumbai Electric Supply and Transport Undertaking (BEST) against an earlier order of the Maharashtra Electricity Regulatory Commission (MERC) on parallel licensing.
Too early to call market bottom; prefer gradual investing via SIPs and funds: Anand Shah
Anand Shah of ICICI Prudential AMC, which manages funds worth ₹28,318 crore as of February 28, 2026, advises investors to avoid deploying cash aggressively as markets may not have bottomed yet. He recommends gradual allocation through SIPs or staggered investments,…
A rebound could be coming for the Dow, but the charts show it may be short lived
The Dow Jones is down nearly 8% from its peak, above its 200-day average near 46,500. Short-term oversold conditions hint at a rebound, but a major low may take weeks.
Sagar Cements to sell stake in Andhra Cements to comply with MPS norms; stock in focus
The OFS will be conducted through a separate window on the stock exchanges on March 17 (T day) and March 18 (T+1 day), between 9:15 am and 3:30 pm on both days.
Redington shares in focus after gulf operations disrupted, impact not quantified yet
For the third quarter, Redington’s global business, including its Turkish acquisition Arena, grew by 16% from last year, and contributed 46% to the overall topline. The exact contribution from West Asia is not disclosed.
Tata Motors CV cites input costs behind 1.5% price hike; stock may react
The price revision is aimed at partially offsetting the impact of rising commodity prices and other input costs.
Gold, silver edge higher: What’s behind the move and should you invest?
Gold rose 0.40% to $5,022.10 per ounce and silver gained 0.83% to $81.35 per ounce on March 17 due to geopolitical tensions. Navy Vijay Ramavat suggests a 5-15% allocation to gold and silver for portfolio stability.