C2C Advanced

< -5%

Apollo Micro Sy

MTAR

Paras Defence

Rossell Techsys

Axiscades Tech

-5% to -3%

Astra Microwave

Jaykay Ent

Bharat Elec

Unimech Aerospa

NIBE

Bharat Dynamics

Taneja Aerospac

Hindustan Aeron

Azad Eng

Taal Tech

-3% to 0%

Zen Tech

Data Patterns

0% to 3%

Sika Interplant

Krishna Defence

3% to 5%

Stocks in Focus on March 10: Power Grid Corporation of India, Dixon Technologies, Lemon Tree Hotels, Bajaj Finserv, Torrent Power, Anthem Biosciences

* Stocks in Focus on March 10: Power Grid Corporation of India, Dixon Technologies, Lemon Tree Hotels, Bajaj Finserv, Torrent Power, Anthem Biosciences

shorts/business/stocks-to-watch-today-hyundai-motor-vishal-mega-mart-minda-corp-solex-energy-hinduja-global-solutions-dixon-technologies-in-focus-on-10-march

Let's catch up on the latest news from the stock market. From significant investments to major deals, fund raising, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

Six New Stocks in F&amp;O

The National Stock Exchange of India has announced the inclusion of six stocks—<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/adanipower/AP11">Adani Power</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/ship-building/cochinshipyard/CS">Cochin Shipyard</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/automobile-passenger-cars/hyundaimotorindia/HMI01">Hyundai Motor India</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/motilaloswalfinancialservices/MOF01">Motilal Oswal Financial Services</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/nipponlifeindiaassetmanagement/RNL">Nippon Life India Asset Management</a>, and <a href="https://www.moneycontrol.com/india/stockpricequote/householdpersonal-products/vishalmegamart/VMML">Vishal Mega Mart</a>—in the F&amp;O segment, effective April 1.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/mindacorporation/MC23">Minda Corporation</a>

The company's subsidiary, Spark Minda Green Mobility Systems, has signed a Joint Venture Agreement with the United Kingdom–based Turntide Drives for the development and manufacturing of advanced next-generation motor controllers, axial flux motors, pumps for thermal applications, and other customized controllers primarily tailored for EV segment.

The joint venture will operate through the incorporation of a new entity in India by Spark Minda Green Mobility Systems, with shareholding in a 49:51 ratio.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/solexenergy/SE20">Solex Energy</a>

The company has received approval for capacity addition under the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy.

According to the latest MNRE update, the company’s manufacturing facility located in Tadkeshwar, Surat, has been listed with an enlisted solar PV module manufacturing capacity of 3,782 MW (3.78 GW) per year, reflecting the company’s continued expansion and commitment to strengthening domestic solar manufacturing.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/hindujaglobalsolutions/HGS01">Hinduja Global Solutions</a>

OneOTT Intertainment, the broadband vertical of Hinduja Global Solutions, has signed a Memorandum of Understanding (MoU) with the State Transformation Commission, Government of Uttar Pradesh, for the rollout of Project GANGA (Government Assisted Network for Growth &amp; Advancement), a large-scale digital inclusion initiative in the state.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/powergridcorporationindia/PGC">Power Grid Corporation of India</a>

The board has approved raising funds of up to Rs 5,000 crore through an unsecured rupee term loan/line of credit (bank facility) from Union Bank of India and an investment of ?234 crore for a Security Operations Center for substations (OT SOC).

Further, the board also gave in-principle approval for the divestment of its entire equity stake in Central Transmission Utility of India (CTUIL), a wholly owned subsidiary of Power Grid, to Grid Controller of India (GRID-INDIA).

The board also approved entering into a strategic alliance with Africa50 and Uganda Development Bank and signing a framework agreement for the development of a transmission project in Uganda under the Independent Power Transmission (IPT) model.

<a href="https://www.moneycontrol.com/india/stockpricequote/electricals/dixontechnologies/DT07">Dixon Technologies India</a>

Dixon has received approval from the Ministry of Electronics and Information Technology, Government of India, for investment by HKC Overseas (HKO), an affiliate of HKC Corporation, in Dixon Display Technologies.

After the proposed transaction, Dixon Display Technologies—currently a wholly owned subsidiary of Dixon—will become a joint venture company, with shares held by Dixon and HKO in the proportion of 74:26.

<a href="https://www.moneycontrol.com/india/stockpricequote/hotel-resortrestaurants/lemontreehotels/LTH">Lemon Tree Hotels</a>

The company has signed a license agreement for a 76-room new hotel in Gorakhpur, Uttar Pradesh. The new property will be managed by its subsidiary, Carnation Hotels.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/bajajfinserv/BF04">Bajaj Finserv</a>

The company’s subsidiary, Bajaj Allianz General Insurance, recorded gross direct premium underwritten of Rs 1,094 crore in February, while another subsidiary, Bajaj Allianz Life Insurance, reported a total premium of Rs 1,281.28 crore during the same month.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/torrentpower/TP14">Torrent Power</a>

The company has issued and allotted Series 14 – 2,00,000 non-convertible debentures (NCDs) worth Rs 2,000 crore at a coupon rate of 7.97% per annum on a private placement basis.

<a href="https://www.moneycontrol.com/india/stockpricequote/paintsvarnishes/akzonobelindia/ICI">Akzo Nobel India</a>

The company has received a Draft Assessment Order from the Assessing Officer of the Income Tax Department, proposing additions of Rs 111.63 crore to the company’s income under corporate tax and transfer pricing provisions for AY 2023-24.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/anthembiosciences/ABL07">Anthem Biosciences</a>

Viridity Tone LLP, owned by private equity firm True North, sold 2.03 crore equity shares (equivalent to 3.6% of paid-up equity) in Anthem Biosciences at Rs 621.11 per share, amounting to Rs 1,261.7 crore.

However, SBI Mutual Fund picked up 32.26 lakh shares (0.57% stake) in Anthem for Rs 200.36 crore, while HDFC Mutual Fund acquired 60.75 lakh shares (1.08%) for Rs 377.3 crore. Both purchased the shares at Rs 621.1 per share.

As of December 2025, Viridity Tone held a 3.8% stake in Anthem Biosciences.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/arvindsmartspaces/AI72">Arvind SmartSpaces</a>

Pirojsha Adi Godrej, Executive Chairman of Godrej Properties, has acquired 8.17 lakh shares (1.78% stake) in the real estate developer for Rs 40.71 crore from HDFC Capital Affordable Real Estate Fund-1.

The shares were exchanged at a price of Rs 498 per share.

HDFC Capital Affordable Real Estate Fund-1 held an 8.79% stake in Arvind SmartSpaces as of December 2025.

Stock Trades Ex-Bonus

Macfos

Stocks in F&amp;O ban

SAIL
Sammaan Capital

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

Stocks to Watch Today: Hyundai Motor, Vishal Mega Mart, Minda Corp, Solex Energy, Hinduja Global Solutions, Dixon Technologies in focus on 10 March

Let's catch up on the latest news from the stock market. From significant investments to major deals, fund raising, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

Six New Stocks in F&amp;amp;O

The National Stock Exchange of India has announced the inclusion of six stocks—Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart—in the F&amp;amp;O segment, effective April 1.

Minda Corporation

The company's subsidiary, Spark Minda Green Mobility Systems, has signed a Joint Venture Agreement with the United Kingdom–based Turntide Drives for the development and manufacturing of advanced next-generation motor controllers, axial flux motors, pumps for thermal applications, and other customized controllers primarily tailored for EV segment.

The joint venture will operate through the incorporation of a new entity in India by Spark Minda Green Mobility Systems, with shareholding in a 49:51 ratio.

Solex Energy

The company has received approval for capacity addition under the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy.

According to the latest MNRE update, the company’s manufacturing facility located in Tadkeshwar, Surat, has been listed with an enlisted solar PV module manufacturing capacity of 3,782 MW (3.78 GW) per year, reflecting the company’s continued expansion and commitment to strengthening domestic solar manufacturing.

Hinduja Global Solutions

OneOTT Intertainment, the broadband vertical of Hinduja Global Solutions, has signed a Memorandum of Understanding (MoU) with the State Transformation Commission, Government of Uttar Pradesh, for the rollout of Project GANGA (Government Assisted Network for Growth &amp;amp; Advancement), a large-scale digital inclusion initiative in the state.

Power Grid Corporation of India

The board has approved raising funds of up to Rs 5,000 crore through an unsecured rupee term loan/line of credit (bank facility) from Union Bank of India and an investment of ?234 crore for a Security Operations Center for substations (OT SOC).

Further, the board also gave in-principle approval for the divestment of its entire equity stake in Central Transmission Utility of India (CTUIL), a wholly owned subsidiary of Power Grid, to Grid Controller of India (GRID-INDIA).

The board also approved entering into a strategic alliance with Africa50 and Uganda Development Bank and signing a framework agreement for the development of a transmission project in Uganda under the Independent Power Transmission (IPT) model.

Dixon Technologies India

Dixon has received approval from the Ministry of Electronics and Information Technology, Government of India, for investment by HKC Overseas (HKO), an affiliate of HKC Corporation, in Dixon Display Technologies.

After the proposed transaction, Dixon Display Technologies—currently a wholly owned subsidiary of Dixon—will become a joint venture company, with shares held by Dixon and HKO in the proportion of 74:26.

Lemon Tree Hotels

The company has signed a license agreement for a 76-room new hotel in Gorakhpur, Uttar Pradesh. The new property will be managed by its subsidiary, Carnation Hotels.

Bajaj Finserv

The company’s subsidiary, Bajaj Allianz General Insurance, recorded gross direct premium underwritten of Rs 1,094 crore in February, while another subsidiary, Bajaj Allianz Life Insurance, reported a total premium of Rs 1,281.28 crore during the same month.

Torrent Power

The company has issued and allotted Series 14 – 2,00,000 non-convertible debentures (NCDs) worth Rs 2,000 crore at a coupon rate of 7.97% per annum on a private placement basis.

Akzo Nobel India

The company has received a Draft Assessment Order from the Assessing Officer of the Income Tax Department, proposing additions of Rs 111.63 crore to the company’s income under corporate tax and transfer pricing provisions for AY 2023-24.

Bulk Deals

Anthem Biosciences

Viridity Tone LLP, owned by private equity firm True North, sold 2.03 crore equity shares (equivalent to 3.6% of paid-up equity) in Anthem Biosciences at Rs 621.11 per share, amounting to Rs 1,261.7 crore.

However, SBI Mutual Fund picked up 32.26 lakh shares (0.57% stake) in Anthem for Rs 200.36 crore, while HDFC Mutual Fund acquired 60.75 lakh shares (1.08%) for Rs 377.3 crore. Both purchased the shares at Rs 621.1 per share.

As of December 2025, Viridity Tone held a 3.8% stake in Anthem Biosciences.

Arvind SmartSpaces

Pirojsha Adi Godrej, Executive Chairman of Godrej Properties, has acquired 8.17 lakh shares (1.78% stake) in the real estate developer for Rs 40.71 crore from HDFC Capital Affordable Real Estate Fund-1.

The shares were exchanged at a price of Rs 498 per share.

HDFC Capital Affordable Real Estate Fund-1 held an 8.79% stake in Arvind SmartSpaces as of December 2025.

Stock Trades Ex-Bonus

Macfos

Stocks in F&amp;amp;O ban

SAIL
Sammaan Capital

True North-backed Viridity Tone offloads 3.6% stake in Anthem Biosciences for Rs 1,262 crore, SBI Mutual Fund, HDFC Mutual Fund buy 1.65% shares in Anthem Biosciences, Pirojsha Adi Godrej acquires 1.78% stake in Arvind SmartSpaces from HDFC Capital Affordable Real Estate Fund-1

* True North-backed Viridity Tone offloads 3.6% stake in Anthem Biosciences for Rs 1,262 crore
* SBI Mutual Fund, HDFC Mutual Fund buy 1.65% shares in Anthem Biosciences
* Pirojsha Adi Godrej acquires 1.78% stake in Arvind SmartSpaces from HDFC Capital Affordable Real Estate Fund-1

shorts/business/true-north-backed-viridity-tone-offloads-3-6-stake-in-anthem-biosciences-for-rs-1-262-crore

* True North-backed Viridity Tone offloads 3.6% stake in Anthem Biosciences for Rs 1,262 crore
* SBI Mutual Fund, HDFC Mutual Fund buy 1.65% shares in Anthem Biosciences
* Pirojsha Adi Godrej acquires 1.78% stake in Arvind SmartSpaces from HDFC Capital Affordable Real Estate Fund-1

Viridity Tone LLP, owned by private equity firm True North, has offloaded 3.6 percent equity stake in Anthem Biosciences, the contract research, development and manufacturing organization, for Rs 1,262 crore via open market transactions.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/anthembiosciences/ABL07">Anthem Biosciences</a> closed with moderate loss of 0.16 percent at Rs 660, after sharp recovery from day's low of Rs 608.4 on the BSE, forming long bullish candle on the daily charts.

As per the bulk deals data, Viridity Tone LLP sold 2.03 crore equity shares (equivalent to 3.6 percent of paid-up equity) in Anthem Biosciences at Rs 621.11 per share, amounting to Rs 1,261.7 crore.

However, SBI Mutual Fund, and HDFC Mutual Fund were buyers for some of the shares sold by Viridity Tone. SBI MF picked up 32.26 lakh shares (0.57 percent stake) in Anthem for Rs 200.36 crore, and HDFC Mutual Fund acquired 60.75 lakh shares (1.08 percent) for Rs 377.3 crore. The buying price by both was Rs 621.1 per share.

As of December 2025, Viridity Tone was holding 3.8 percent stake in Anthem Biosciences.

Meanwhile, the action was also seen in <a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/arvindsmartspaces/AI72">Arvind SmartSpaces</a> which shares closed at more than two-year low of Rs 500.9 on the BSE, down 1.02 percent amid high volumes. Pirojsha Adi Godrej, the Executive Chairman of Godrej Properties, has acquired 8.17 lakh shares (1.78 percent stake) in the real estate developer for Rs 40.71 crore from HDFC Capital Affordable Real Estate Fund-1. The shares exchanged at a price of Rs 498 per share.

HDFC Capital Affordable Real Estate Fund-1 had held 8.79 percent stake in Arvind SmartSpaces as of December 2025.

<img class="alignnone size-full wp-image-13855276 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/03/20260309195708_Image1509032026.jpg" alt="Image1509032026" width="700" height="1832" />

True North-backed Viridity Tone offloads 3.6% stake in Anthem Biosciences for Rs 1,262 crore

Viridity Tone LLP, owned by private equity firm True North, has offloaded 3.6 percent equity stake in Anthem Biosciences, the contract research, development and manufacturing organization, for Rs 1,262 crore via open market transactions.

Anthem Biosciences closed with moderate loss of 0.16 percent at Rs 660, after sharp recovery from day's low of Rs 608.4 on the BSE, forming long bullish candle on the daily charts.

As per the bulk deals data, Viridity Tone LLP sold 2.03 crore equity shares (equivalent to 3.6 percent of paid-up equity) in Anthem Biosciences at Rs 621.11 per share, amounting to Rs 1,261.7 crore.

However, SBI Mutual Fund, and HDFC Mutual Fund were buyers for some of the shares sold by Viridity Tone. SBI MF picked up 32.26 lakh shares (0.57 percent stake) in Anthem for Rs 200.36 crore, and HDFC Mutual Fund acquired 60.75 lakh shares (1.08 percent) for Rs 377.3 crore. The buying price by both was Rs 621.1 per share.

As of December 2025, Viridity Tone was holding 3.8 percent stake in Anthem Biosciences.

Meanwhile, the action was also seen in Arvind SmartSpaces which shares closed at more than two-year low of Rs 500.9 on the BSE, down 1.02 percent amid high volumes. Pirojsha Adi Godrej, the Executive Chairman of Godrej Properties, has acquired 8.17 lakh shares (1.78 percent stake) in the real estate developer for Rs 40.71 crore from HDFC Capital Affordable Real Estate Fund-1. The shares exchanged at a price of Rs 498 per share.

HDFC Capital Affordable Real Estate Fund-1 had held 8.79 percent stake in Arvind SmartSpaces as of December 2025.

Gas firm shares dropped 8% after QatarEnergy halted LNG., Adani Total Gas hiked industrial prices due to supply issues., Gujarat Gas to restrict supplies to industries from Thursday.

* Gas firm shares dropped 8% after QatarEnergy halted LNG.
* Adani Total Gas hiked industrial prices due to supply issues.
* Gujarat Gas to restrict supplies to industries from Thursday.

Shares of gas firms like Petronet LNG, GAIL, and Gujarat State Petronet fell after QatarEnergy halted LNG production amid Middle East tensions. Supply disruptions and price hikes are expected, impacting India’s imports and potentially raising government subsidies.

shorts/business/middle-east-war-impact-petronet-gail-decline-up-to-5-as-qatar-energy-halts-production-at-a-key-lng-facility

* Gas firm shares dropped 8% after QatarEnergy halted LNG.
* Adani Total Gas hiked industrial prices due to supply issues.
* Gujarat Gas to restrict supplies to industries from Thursday.

Shares of gas-related companies, including Petronet LNG, GAIL (India) and Gujarat State Petronet, fell up to 6 percent in Monday’s trade after QatarEnergy halted production at a key liquefied natural gas (LNG) facility amid escalating tensions in the Middle East.

QatarEnergy declared force majeure to its affected buyers last week after suspending production of LNG and associated products. Qatar’s Ras Laffan LNG plant, the world’s largest LNG facility, appears to have remained largely intact after its unprecedented closure last week. However, any restart and resumption of deliveries could take weeks or even months, the country’s energy minister told the Financial Times.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/gujaratstatepetronet/GSP02">Gujarat State Petronet</a> were among the biggest losers, declining up to 8 percent during the session.

<a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/gujaratgas/GGC">Gujarat Gas</a>, which supplies gas to domestic and industrial consumers, has declared force majeure and will restrict gas supplies to industries from Thursday.

The stock was followed by GAIL (India) and Gujarat Gas, which declined 5.11 percent and 5.72 percent, respectively.

Shares of Petronet LNG fell about 5 percent.

Meanwhile, Adani Total Gas has raised prices for supplies to industrial clients, citing lower gas availability due to the conflict in the Middle East.

Countries in the West Asia account for around 30 percent of global crude oil output and about 20 percent of global LNG production, much of which is transported through the Strait of Hormuz.

India imports about 85 percent of its crude oil requirement and roughly half of its LNG needs. Of this, around 40-50 percent of crude oil and 50-60 percent of LNG shipments pass through the Strait of Hormuz.

According to CRISIL, most shipping vessels have halted passage through the strait since March 1, 2026, citing heightened risks.

"Any prolonged disruption of this trade route will have a bearing on global crude oil and LNG availability, and their prices," it said.

India also imports about two-thirds of its liquefied petroleum gas (LPG) requirement, largely from the Middle East.

Higher global prices and rising LNG costs could also increase the government’s fertiliser subsidy burden.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility

Shares of gas-related companies, including Petronet LNG, GAIL (India) and Gujarat State Petronet, fell up to 6 percent in Monday’s trade after QatarEnergy halted production at a key liquefied natural gas (LNG) facility amid escalating tensions in the Middle East.

QatarEnergy declared force majeure to its affected buyers last week after suspending production of LNG and associated products. Qatar’s Ras Laffan LNG plant, the world’s largest LNG facility, appears to have remained largely intact after its unprecedented closure last week. However, any restart and resumption of deliveries could take weeks or even months, the country’s energy minister told the Financial Times.

Shares of Gujarat State Petronet were among the biggest losers, declining up to 8 percent during the session.

Gujarat Gas, which supplies gas to domestic and industrial consumers, has declared force majeure and will restrict gas supplies to industries from Thursday.

The stock was followed by GAIL (India) and Gujarat Gas, which declined 5.11 percent and 5.72 percent, respectively.

Shares of Petronet LNG fell about 5 percent.

Meanwhile, Adani Total Gas has raised prices for supplies to industrial clients, citing lower gas availability due to the conflict in the Middle East.

Countries in the West Asia account for around 30 percent of global crude oil output and about 20 percent of global LNG production, much of which is transported through the Strait of Hormuz.

India imports about 85 percent of its crude oil requirement and roughly half of its LNG needs. Of this, around 40-50 percent of crude oil and 50-60 percent of LNG shipments pass through the Strait of Hormuz.

According to CRISIL, most shipping vessels have halted passage through the strait since March 1, 2026, citing heightened risks.

&quot;Any prolonged disruption of this trade route will have a bearing on global crude oil and LNG availability, and their prices,&quot; it said.

India also imports about two-thirds of its liquefied petroleum gas (LPG) requirement, largely from the Middle East.

Higher global prices and rising LNG costs could also increase the government’s fertiliser subsidy burden.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

The Nifty India Defence index fell 3.5 percent in Monday’s trade amid profit booking in defence shares after a rally in the previous two sessions, during which the index had gained more than 5 percent.

All 18 constituents of the index were trading in the red, in line with weakness across the broader market.

The Sensex plunged 2,345.89 points, or 2.97 percent, to 76,573.01. The Nifty declined 708.75 points, or 2.89 percent, to 23,741.70. All 16 major sectoral indices were trading lower.

Broader markets also saw heavy selling pressure, with the Nifty Smallcap100 and Nifty Midcap100 indices falling about 3 percent each.

<a href="https://www.moneycontrol.com/india/stockpricequote/pumps/dynamatictechnologies/DT05">Dynamatic Technologies</a> was among the major laggards in the defence index, declining up to 6 percent.

Heavyweights <a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/bharatelectronics/BE03">Bharat Electronics</a>, Mazagon Dock Shipbuilders and Hindustan Aeronautics fell 3.3 percent, 4.17 percent and 1 percent, respectively.

The gains seen last week came amid heightened geopolitical uncertainty, which typically increases focus on defence preparedness among countries. This can drive demand for equipment such as missiles, surveillance systems, drones, ammunition and radar systems, often leading to buying in defence-related stocks on expectations of higher orders and improved business prospects.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Nifty India Defence index falls 3.5% amid profit booking; BEL, Dynamatic Tech lead losses

The Nifty India Defence index fell 3.5 percent in Monday’s trade amid profit booking in defence shares after a rally in the previous two sessions, during which the index had gained more than 5 percent.

All 18 constituents of the index were trading in the red, in line with weakness across the broader market.

The Sensex plunged 2,345.89 points, or 2.97 percent, to 76,573.01. The Nifty declined 708.75 points, or 2.89 percent, to 23,741.70. All 16 major sectoral indices were trading lower.

Broader markets also saw heavy selling pressure, with the Nifty Smallcap100 and Nifty Midcap100 indices falling about 3 percent each.

Dynamatic Technologies was among the major laggards in the defence index, declining up to 6 percent.

Heavyweights Bharat Electronics, Mazagon Dock Shipbuilders and Hindustan Aeronautics fell 3.3 percent, 4.17 percent and 1 percent, respectively.

The gains seen last week came amid heightened geopolitical uncertainty, which typically increases focus on defence preparedness among countries. This can drive demand for equipment such as missiles, surveillance systems, drones, ammunition and radar systems, often leading to buying in defence-related stocks on expectations of higher orders and improved business prospects.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Auto and metal shares fell up to 6 percent as crude prices surged., Nifty Metal index fell 4%, all stocks in red., Higher crude prices increase costs, squeezing margins and demand.

* Auto and metal shares fell up to 6 percent as crude prices surged.
* Nifty Metal index fell 4%, all stocks in red.
* Higher crude prices increase costs, squeezing margins and demand.

Auto and metal shares fell up to 6% as rising crude oil prices raised concerns over input costs and margins. The Nifty Metal and Auto indices dropped, with all constituents trading lower, amid worries about inflation and weaker demand for vehicles and metals.

shorts/business/crude-oil-surge-impact-auto-metal-shares-plunge-up-to-4-5-tata-motors-pv-m-m-jsw-steel-lead-losses

* Auto and metal shares fell up to 6 percent as crude prices surged.
* Nifty Metal index fell 4%, all stocks in red.
* Higher crude prices increase costs, squeezing margins and demand.

Auto and metal shares fell up to 6 percent in Monday’s trade as a surge in crude oil prices dampened investor sentiment.

The Nifty Metal index extended losses for a second straight session, dropping nearly 4 percent during the day. <a href="https://www.moneycontrol.com/india/stockpricequote/steel-large/steelauthorityindia/SAI">Steel Authority of India</a> led the decline, falling about 6 percent. Jindal Stainless and Tata Steel also slipped 4.39 percent and 3.94 percent, respectively.

All the 15 constituents of the Nifty Metal index were trading in the red.

Shares in the metal pack came under pressure as higher crude prices raised concerns over input costs. Metal production is energy-intensive, and a rise in fuel prices increases expenses related to mining, smelting and refining. Higher transportation costs for moving raw materials and finished products also add to the pressure.

Market participants said that unless companies are able to pass on higher costs to customers, rising energy prices could compress margins and weigh on valuations.

Analysts also noted that persistently high oil prices could slow global economic growth, potentially affecting demand for industrial metals.

Meanwhile, shares of several automobile and auto component manufacturers declined significantly, dragging the Nifty Auto index down to a six-month low of 25,733.50 points. Analysts attributed the drop to growing worries that a potential shortage of natural gas, amid escalating tensions in West Asia, could disrupt production at automobile manufacturing facilities.

On Friday, Informist, citing a senior official from Gujarat Gas Ltd., reported exclusively that Tata Motors Passenger Vehicles is currently facing a severe shortage of natural gas and propane at its Sanand manufacturing plants. The company may have to reduce production by as much as 50 percent. Gujarat Gas supplies fuel to these facilities, where the gas is primarily used to operate paint-shop ovens.

The development has raised concerns that similar fuel shortages could affect other automobile manufacturers as well, potentially forcing them to scale back production.

In addition, analysts warn that prolonged instability in natural gas supply could also affect Taiwan’s energy-intensive semiconductor industry. Such disruptions may lead to chip shortages and higher semiconductor prices. According to a CNBC-TV18 report citing analysts, any renewed shortage of chips in the automobile sector could further constrain vehicle output while pushing up input costs for manufacturers.

Auto stocks also remained under pressure, with all 15 constituents of the Nifty Auto index trading lower. The index has declined about 5.5 percent over the past two sessions.

UNO Minda and <a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tatamotorspassengervehicles/TM03">Tata Motors Passenger Vehicles</a> were among the major laggards, declining up to 6 percent. Shares of Mahindra &amp; Mahindra and Tata Motors also saw selling pressure.

Auto shares also typically react negatively to rising crude oil prices as higher fuel costs tend to stoke inflation concerns. This can reduce the likelihood of interest rate cuts by the Reserve Bank of India, keeping borrowing costs elevated. Higher loan rates can impact demand for vehicles.

(Inputs from Informist)

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&M, JSW Steel lead losses

Auto and metal shares fell up to 6 percent in Monday’s trade as a surge in crude oil prices dampened investor sentiment.

The Nifty Metal index extended losses for a second straight session, dropping nearly 4 percent during the day. Steel Authority of India led the decline, falling about 6 percent. Jindal Stainless and Tata Steel also slipped 4.39 percent and 3.94 percent, respectively.

All the 15 constituents of the Nifty Metal index were trading in the red.

Shares in the metal pack came under pressure as higher crude prices raised concerns over input costs. Metal production is energy-intensive, and a rise in fuel prices increases expenses related to mining, smelting and refining. Higher transportation costs for moving raw materials and finished products also add to the pressure.

Market participants said that unless companies are able to pass on higher costs to customers, rising energy prices could compress margins and weigh on valuations.

Analysts also noted that persistently high oil prices could slow global economic growth, potentially affecting demand for industrial metals.

Meanwhile, shares of several automobile and auto component manufacturers declined significantly, dragging the Nifty Auto index down to a six-month low of 25,733.50 points. Analysts attributed the drop to growing worries that a potential shortage of natural gas, amid escalating tensions in West Asia, could disrupt production at automobile manufacturing facilities.

On Friday, Informist, citing a senior official from Gujarat Gas Ltd., reported exclusively that Tata Motors Passenger Vehicles is currently facing a severe shortage of natural gas and propane at its Sanand manufacturing plants. The company may have to reduce production by as much as 50 percent. Gujarat Gas supplies fuel to these facilities, where the gas is primarily used to operate paint-shop ovens.

The development has raised concerns that similar fuel shortages could affect other automobile manufacturers as well, potentially forcing them to scale back production.

In addition, analysts warn that prolonged instability in natural gas supply could also affect Taiwan’s energy-intensive semiconductor industry. Such disruptions may lead to chip shortages and higher semiconductor prices. According to a CNBC-TV18 report citing analysts, any renewed shortage of chips in the automobile sector could further constrain vehicle output while pushing up input costs for manufacturers.

Auto stocks also remained under pressure, with all 15 constituents of the Nifty Auto index trading lower. The index has declined about 5.5 percent over the past two sessions.

UNO Minda and Tata Motors Passenger Vehicles were among the major laggards, declining up to 6 percent. Shares of Mahindra &amp;amp; Mahindra and Tata Motors also saw selling pressure.

Auto shares also typically react negatively to rising crude oil prices as higher fuel costs tend to stoke inflation concerns. This can reduce the likelihood of interest rate cuts by the Reserve Bank of India, keeping borrowing costs elevated. Higher loan rates can impact demand for vehicles.

(Inputs from Informist)

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Defence Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Defence industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Stocks to Watch Today: Hyundai Motor, Vishal Mega Mart, Minda Corp, Solex Energy, Hinduja Global Solutions, Dixon Technologies in focus on 10 March

True North-backed Viridity Tone offloads 3.6% stake in Anthem Biosciences for Rs 1,262 crore

Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility

Nifty India Defence index falls 3.5% amid profit booking; BEL, Dynamatic Tech lead losses

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&M, JSW Steel lead losses

Defence Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Defence industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Stocks to Watch Today: Hyundai Motor, Vishal Mega Mart, Minda Corp, Solex Energy, Hinduja Global Solutions, Dixon Technologies in focus on 10 March

True North-backed Viridity Tone offloads 3.6% stake in Anthem Biosciences for Rs 1,262 crore

Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility

Nifty India Defence index falls 3.5% amid profit booking; BEL, Dynamatic Tech lead losses

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&amp;M, JSW Steel lead losses

Defence Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Defence industry stocks.

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&M, JSW Steel lead losses