The rupee fell to a fresh record low on the last trading day of the financial year, as importers took advantage of the rise in the currency
Rising crude prices, fall in bank shares were among key factors to weigh on investor sentiment on March 30
India’s market cap fell 7.2 percent during the fiscal to $4.5 trillion from $4.83 trillion a year earlier, marking the sharpest drop since FY23. Globally, only 13 markets recorded a decline in mcap during the period, with India ranking ninth among the worst performers.
Oil marketing companies were seen buying the dollar to hedge their positions, traders say
Jefferies exited HDFC Bank shares and cut India weightage after chairman Atanu Chakraborty resigned citing value and ethics concerns.
Profit booking, elevated crude prices among key factors to weigh on investor sentiment on March 27
Analysts said the near-term trend may remain positive as long as the index holds above 23,000.
ED claims Joshi routed funds through a network of shell entities and bank accounts of family members to conceal illicit gains. These funds were allegedly used to acquire multiple immovable properties in India and abroad
BlackRock’s Powell says structural story intact, but global investors stay cautious amid oil uncertainty and shifting market leadership
New investor registrations declined to 1.5 crore in FY26 so far, down 30 percent—the steepest fall since FY23—compared with 2.12 crore registrations in FY25, according to NSE Pulse data showed.
In April 2023, Temasek sealed the largest deal ever by a private equity fund in the Indian healthcare sector by upping its stake and becoming the controlling shareholder in Manipal Hospitals
Sensex, Nifty rebounded following a media report claiming Mojtaba Khamenei has agreed to negotiate with the US; however, there is no official confirmation from Iran yet.
Gold has fallen over 20 percent this month, while silver has declined about 33 percent, making it the sharpest fall for both precious metals since March 1980.
US stock futures also pared losses and jumped up to 2 percent higher after Trump’s remarks.
BSE-listed firms lost a total market capitalization of Rs 15-lakh crore.
Except media, private bank, realty, all other sectoral indices ended in the green with telecom, IT, metal, pharma, PSU Bank up 1-2%.
On March 20, the rupee touched a lifetime low of Rs 93.76 to the dollar, surpassing its previous record low of Rs 92.63 per dollar.
However, regular petrol prices remain unchanged
HDFC stock rating and share price target: Brokerages have retained their bullish calls on HDFC Bank stock. They see no material governance concerns despite part-time Chairman Atanu Chakraborty's resignation. Jefferies and Motilal Oswal Financial Services have rated HDFC Bank shares as 'buy', with a potential 55 percent upside.
Israel attacked Iran's South Pars gas field, but the U.S. and Qatar were not involved, President Donald Trump said late on Wednesday
As per sources, key proposals related to FPIs, review of Fit and Proper criteria for intermediaries, Ease of Doing proposals related to REITs and InvITs are likely to be part of the board meet agenda. Board is also expected to take up the revised proposal on code of conflict for board members and SEBI employees.
RBI has approved the appointment of long-time HDFC group insider Keki Mistry as an interim part-time chairman for three months
BSE-listed firms eroded a total market capitalization of more than Rs 12-lakh crore as markets plunge 2%.
Dislocations between paper and physical markets point to tightening supply and the risk of a sharp repricing
Distributors often work with multiple asset management companies, and the revised framework requires tracking GST-related cash flows across each relationship, maintaining documentation, and ensuring timely compliance. For smaller firms with limited back-office capacity, this could prove challenging.