Dalal Street remained under pressure led by banking stocks, with the rupee slipping to a record low near 92.3 against the dollar overnight amid crude’s 9% surge back above $100 after tanker attacks near the Strait of Hormuz. Higher oil…
Adani Ports and Special Economic Zone Ltd announced final results of its $495 million cash tender offers for 2027 and 2031 notes as part of its debt reduction plan; settlement expected on March 16, 2026.
As crude prices surge again, memories of India’s oil bonds return. Issued during the 2008 oil shock, these government securities helped shield consumers from fuel price spikes but left a long fiscal repayment legacy.
IndiGo’s international flights have been affected. The sharp increase in fuel prices and the depreciating rupee could impact the airline’s profitability, Citi said.
Rahul Arora, CEO of Ashika Institutional Equities, said investors should avoid “catching a falling knife” as the Nifty enters correction territory. He said BFSI valuations look attractive and also pointed to opportunities in IT services, defence and select consumer discretionary…
The West Asia conflict and the risk of an oil supply shock could weigh on India’s financial sector, as higher oil prices that typically boost credit demand may this time hurt production and weaken cash flows. Jefferies warns that large…
L&T’s order book exposure to West Asia is 37% and it is 33% to order inflows in the first nine months of the ongoing fiscal, as per brokerage firm JM Financial.
Brokerage firm Morgan Stanley in a note wrote that thermal coal-based power generation could take incremental load due to the surge in power demand and that such a move would support a smoother ramp-up in thermal coal power.
WhiteOak Capital advises sticking to a pre-defined asset allocation during geopolitical crises, based on financial goals and risk tolerance, and rebalancing when needed.
Raymond Realty Ltd launched Ten X District 9 in Thane, a residential project with an estimated revenue of ₹2,000 crore. Shares rose 0.93% to ₹395.50.