Closing Bell: Market dives as crude climbs; Sensex slides 829 pts, Nifty below 23,700

Indian equity indices ended on a negative note on March 12, with the Nifty closing below the 23,700 mark. At close, the Sensex was down 829.29 points or 1.08 percent at 76,034.42, and the Nifty was down 227.70 points or 0.95 percent at 23,639.15.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

Today, the Indian stock markets extended their decline, ending the session in negative territory as rising geopolitical tensions in West Asia and concerns about higher oil prices weakened investor sentiment.

Benchmark indices Sensex and Nifty struggled throughout the day and closed below 1.08% and 0.95% respectively. Although the market attempted small intraday recoveries, selling pressure emerged on

every rise, particularly in banking, auto, and heavyweight stocks.

The biggest concern for investors was the sharp rise in crude oil prices. Reports of attacks on oil tankers and disruptions to shipping near the Strait of Hormuz have increased fears that one of the

world’s most important energy routes could face serious disruption.

Energy markets globally are already reacting strongly. Damage to production facilities in the Gulf and a temporary halt in LNG output pushed European gas prices sharply higher, highlighting fragile

global energy supply chains.

In India, banking and financial stocks remained under pressure, as rising oil prices could delay interest rate cuts and increase funding costs. Auto stocks also declined, as higher fuel and borrowing

costs could weaken consumer demand. Overall, the market remained cautious and we will closely watch geopolitical developments and crude oil prices.

On Thursday, the benchmark index Nifty witnessed a gap down opening, largely influenced by the renewed upward movement in Brent crude oil prices, which weighed on overall market sentiment at the start of the session. Following the weak opening, the index slipped further to mark an intra-day low of 23556. However, buying interest emerged at lower levels, leading to a gradual and steady recovery through the first half of the trading session.

Despite the rebound, the recovery lacked strength as the index failed to sustain above Wednesday’s low, indicating the presence of supply at higher levels. In the last hour of trade, renewed selling pressure surfaced, resulting in another bout of correction. Eventually, the index closed the session near the 23639 level, registering a loss of 0.95% for the day.

On the technical front, Nifty has formed a bearish candlestick with shadows on both ends, reflecting indecisiveness and heightened volatility at the current levels, as buyers and sellers continued to struggle for control. From an indicator perspective, moving averages and momentum based indicators continue to suggest a bearish undertone, indicating that the short term trend remains under pressure unless the index manages to reclaim key resistance levels convincingly.

Among the Nifty constituents, Coal India and NTPC emerged as the top gainers, showing relative strength amid the broader market weakness. On the other hand, M&M and Eicher Motors were the major laggards, exerting pressure on the index. Sectorally, Nifty Auto, Nifty Private Bank, and Nifty FMCG indices were among the top losers. In contrast, Nifty Metal and Nifty Chemical indices outperformed and ended the session in the green.

The broader market indices outperformed the frontline indices on Thursday. Although both the Nifty Midcap 100 and Nifty Smallcap 100 indices ended the day on a negative note, they witnessed meaningful buying interest from their respective intra day lows. Technically, both indices have formed candles with long lower shadows, indicating demand emerging at lower levels and some degree of downside protection.

Market breadth remained weak, as the Advance/Decline ratio was skewed in favour of decliners. Within the Nifty 500 universe, as many as 290 stocks closed in the red, highlighting the overall cautious sentiment prevailing across the market.

Nifty View

Going ahead, 23550–23500 will act as a key support zone for the index. A sustained move below 23500 could trigger further downside towards the 23350 level. On the upside, 23800–23850 remains an immediate resistance zone, while a decisive breakout above 23850 may lead to pullback rally towards the 23970–24000 zone.

Bank Nifty View

The banking benchmark Bank Nifty closed at 55101, registering a loss of 1.14% for the session. On the daily chart, the index has formed a small bodied candle with shadows on either side, indicating indecision at current levels. Technically, all key moving averages and momentum indicators continue to signal a bearish bias.

Going ahead, the 54600–54500 zone will act as a crucial support for the index. A sustained break below 54500 could extend the decline towards the 53900 level. On the upside, the 55500–55600 zone will remain a key resistance area, likely to cap any pullback rallies.

The index slipped below the recent consolidation low, heightening weakness amid the ongoing problems at the Strait of Hormuz. Though the session remained somewhat volatile, overall selling pressure persisted at higher levels.

In the short term, sentiment continues to support a bearish view, with sell-on-rise likely to remain the preferred strategy. The RSI indicator is in a bearish crossover and is declining further, entering a zone of significant weakness.

On the lower end, support is placed at 23,400 / 23,200, while on the higher end, resistance is seen at 23,850.

Bank Nifty closed below the crucial support level of 55,300, indicating strong bearish control over the index. However, on the hourly chart, a positive divergence in the oversold zone suggests the possibility of a short-term recovery or rebound.

Despite this, prevailing panic in the market and Bank Nifty’s high beta nature continue to keep overall sentiment weak.

If the index extends its decline, the next key support is placed around 54,500, while on the upside any pullback or recovery is likely to face resistance near the 56200 level

After stumbling to a historic low, the Rupee recouped some ground, anchored by central bank supports and a pullback in oil benchmarks. Though the rupee stabilised, the overarching momentum stays skewed to the downside.

The spot USDINR has resistance near 92.50, with downside protection hovering at 91.60.

Geopolitical tensions in the Middle East continue to dampen global risk appetite, as fresh attacks on oil-shipping vessels have pushed crude prices closer to $100 per barrel, intensifying concerns over inflation and gas supply constraints.

The market is witnessing broad-based consolidation, although selective buying has emerged in renewables and utility stocks.

In the near term, sustained risk-off sentiment and ongoing FII outflows are likely to keep both equities and the INR under pressure. However, the premium valuation of India has narrowed during the year, making it highly investable for a long-term investor, thus reducing the downside risk.

Nifty continues to display a weak technical structure, forming a clear pattern of lower highs and lower lows on the daily charts. The index closed at 23,640, down about 226 points, and importantly slipped below the 23,700 support level, which had been holding in recent sessions.

The breach of this support suggests that selling pressure is still dominant. If Nifty sustains below today’s low of 23,556, the decline could extend toward the 23,200–23,000 zone, which appears to be the next significant support area.

On the upside, 23,900–24,100 will now act as an important resistance band. Any recovery toward this zone is likely to face supply unless sentiment improves meaningfully.

Given the current market structure and elevated uncertainty, traders should avoid excessive leverage and focus on disciplined risk management, as volatility could remain high in the near term.

Indian rupee ended 16 paise lower at 92.19 per dollar on Thursday versus previous close of 92.03.

Indian equity indices ended on a negative note on March 12, with the Nifty closing below the 23,700 mark.

At close, the Sensex was down 829.29 points or 1.08 percent at 76,034.42, and the Nifty was down 227.70 points or 0.95 percent at 23,639.15. About 1653 shares advanced, 2401 shares declined, and 159 shares unchanged.

Biggest Nifty losers were Eicher Motors, M&M, Maruti Suzuki, Bajaj Finance, UltraTech Cement, while gainers included Coal India, Jio Financial, Adani Enterprises, NTPC, Power Grid Corp.

Among sectors, Auto index slipped more than 3%, FMCG index shed 1.7% and Private Bank index declined 1.6%, while Power index gained 2.5%, Energy index rose 2%, Oil & Gas, Metal, Capital Goods rose 0.5% each.

The Nifty midcap index fell 0.4% and smallcap index shed 0.7%.

Kotak Mahindra Bank was quoting at Rs 375.00, down Rs 8.45, or 2.20 percent.

It has touched a 52-week low of Rs 374.40.

It has touched an intraday high of Rs 380.20 and an intraday low of Rs 374.40.

It was trading with volumes of 334,904 shares, compared to its five day average of 278,470 shares, an increase of 20.27 percent.

HCLTech announced the expansion of its strategic collaboration with Google Cloud to help accelerate enterprise adoption of Agentic AI.

HCLTech will use Gemini Enterprise and Gemini models to build custom AI agents for global clients, while strengthening collaboration and security through Google Workspace, supporting their scalable, AI-driven transformation.

HCL Technologies was quoting at Rs 1,362.00, up Rs 11.95, or 0.89 percent.

It has touched an intraday high of Rs 1,363.35 and an intraday low of Rs 1,340.75.

It was trading with volumes of 80,425 shares, compared to its five day average of 160,146 shares, a decrease of -49.78 percent..

#1 Media reports suggest Maharashtra Government may pause new auto-rickshaw permits

#2 Reasons include rising road congestion, higher pollution & falling driver earnings

#3 CNG rickshaws contribute to PM10 and NOx due to prolonged idling in traffic

#4 3W population in Maharashtra is estimated at 10-13 lakh

#5 Government considering a cap of 14 million permits

#6 Replacement demand should keep overall demand stable, event seen as immaterial for company

#1 Key positives include integrated ‘follow-the-molecule’ model, strong growth outlook and healthy pipeline, presence in oligos provides additional growth and strong win rates & global presence

#2 Balance sheet remains clean, no private equity supply overhang

#3 Valuations in-line with peers despite strong growth

#4 FY28 sales & EPS estimates raised 3 percent/5 percent

Indian rupee has erased some of the intraday losses but still trading lower at 92.16 per dollar versus Wednesday's close of 92.0

QIB – 0.98 times

NII - 0.34 times

Retail – 0.25 times

Overall – 0.29 times

The board of directors of Jagsonpal Pharmaceuticals at its meeting held today, i.e., March 12, 2026, considered and approved the proposal for buyback of equity shares of the company, subject to approval of the shareholders and other applicable statutory approvals.

Jagsonpal Pharmaceuticals was quoting at Rs 189.50, up Rs 10.60, or 5.93 percent.

It has touched an intraday high of Rs 201.25 and an intraday low of Rs 173.55.

It was trading with volumes of 62,568 shares, compared to its five day average of 18,521 shares, an increase of 237.82 percent.

KPR Mill was quoting at Rs 923.15, up Rs 112.70, or 13.91 percent.

It has touched a 52-week low of Rs 796.05.

It has touched an intraday high of Rs 923.95 and an intraday low of Rs 796.05.

It was trading with volumes of 54,694 shares, compared to its five day average of 14,100 shares, an increase of 287.90 percent.

The Sensex was down 868.66 points or 1.13 percent at 75,995.05, and the Nifty was down 241.10 points or 1.01 percent at 23,625.75. About 1564 shares advanced, 2318 shares declined, and 132 shares unchanged.

#1 Management meeting highlights strong contract execution

#2 Ramp-up of supplies under long-term global innovator contract

#3 Dispatches of key intermediate begin March 2026

#4 Agreement structure provides protection over five-year tenure

#5 Pricing pressure may limit margin expansion

HCLTech said it has collaborated with Google Cloud to help drive adoption of agentic AI solutions across industries. As part of the partnership, the company plans to expand its Google Cloud-certified workforce from about 12,000 to more than 35,000 over the next three years. Shares of HCL Technologies Ltd were trading at Rs 1,356.8, up 0.5 percent, or Rs 6.5, for the day.

Broader markets showed a muted trend, with the Nifty Midcap 100 nearly flat with a 0.06 percent decline, while the Nifty Smallcap 100 slipped 0.37 percent. Volatility remained elevated with India VIX rising 0.57 percent to 21.18.

Sectorally, Nifty Auto plunged 2.59 percent, while Nifty FMCG declined 1.78 percent and Nifty Private Bank fell 1.13 percent. In contrast, Nifty Energy climbed 2.24 percent and Nifty Oil & Gas rose 1.02 percent, with metal and media indices also trading in the green.

On the downside, Mahindra & Mahindra declined 3.67 percent, emerging as the biggest loser on the Nifty. Eicher Motors fell 3.19 percent, while Maruti Suzuki dropped 2.84 percent. Other laggards included UltraTech Cement, Bajaj Finance, Tata Motors DVR (TMPV), Trent, Larsen & Toubro, InterGlobe Aviation and ICICI Bank.

Among Nifty stocks, Coal India surged 5.36 percent to lead the gainers, while NTPC gained 3.04 percent. Adani Enterprises rose 1.82 percent, and Jio Financial Services advanced 1.76 percent. Other stocks trading higher included Power Grid Corp, Tech Mahindra, Reliance Industries, Hindalco, Titan Company and HCLTech.

The CNBC TV18 report said that 10 of the vessels are carrying LPG contracted by IOC and HPCL, while five tankers are transporting crude oil. The talks are aimed at ensuring safe transit for the ships through the Strait of Hormuz, a key route through which a large share of India’s energy imports move.

India is in discussions with Iran to secure safe passage for around 20 tankers through the Strait of Hormuz, sources told CNBC-TV18. The move comes amid heightened tensions in the region that have disrupted shipping through the crucial energy corridor.

Zydus Lifesciences has launched AI-powered continuous glucose monitoring devices -- Diasens and GlucoLive, the company said. The launch has been undertaken in partnership with Digicare Health Solutions. Shares of Zydus Lifesciences Ltd were trading at Rs 920.55, down 0.13 percent for the day.

#1 Cut India revenue & EBITDA estimates by 6-8 percent

#2 Delay in Reliance Jio IPO may increase competitive pressure

#3 Higher energy prices may raise inflation risks

#4 Entry into NBFC sector raises capital allocation concerns

#5 Target multiple cut to 12x EV/EBITDA from 13x

#6 14 percent EBITDA growth outlook remains strong

#7 Attractive risk-reward after 14 percent YTD stock decline

The company has received a communication from GAIL (India) stating that due to the ongoing conflict in the Middle East and its impact on global energy markets and as per the revised supply regulations issued pursuant to the Ministry of Petroleum & Natural Gas notification dated 9th March 2026, gas supplies to industrial consumers shall be maintained at 80% of the past six months’ average gas consumption and any overdrawl shall be invoiced as per the applicable contractual terms and conditions, with effect from 12th March 2026.

In view of the above, the plant of the Company located at Kassar, Bahadurgarh, Haryana shall receive restricted gas supply. This may have a partial impact on the Company’s production activities at the Plant. The company is actively evaluating the situation and taking necessary measures to minimize the impact. Considering the Company’s existing inventory levels, supplies are continuing in

the normal course of business.

Somany Ceramics was quoting at Rs 383.10, up Rs 15.20, or 4.13 percent. It has touched an intraday high of Rs 385.80 and an intraday low of Rs 358.95.

L&T Finance was quoting at Rs 266.85, up Rs 0.45, or 0.17 percent.

It has touched an intraday high of Rs 269.10 and an intraday low of Rs 260.90.

It was trading with volumes of 79,795 shares, compared to its five day average of 191,668 shares, a decrease of -58.37 percent.

In the previous trading session, the share closed down 2.86 percent or Rs 7.85 at Rs 266.40.

The share touched a 52-week high of Rs 329.40 and a 52-week low of Rs 138.05 on 06 January, 2026 and 13 March, 2025, respectively.

Currently, the stock is trading 18.99 percent below its 52-week high and 93.3 percent above its 52-week low.

Market capitalisation stands at Rs 66,829.54 crore.

The Sensex was down 392.66 points or 0.51 percent at 76,471.05, and the Nifty was down 105.10 points or 0.44 percent at 23,761.75. About 1808 shares advanced, 2015 shares declined, and 149 shares unchanged.

In today's commodity market update, gold prices slid slightly, with international rates at $5,181.78 per ounce, translating to approximately ₹1,53,691 per 10 grams in India, reflecting a minor decline amid a firmer dollar and persistent inflation concerns. Conversely, silver showed resilience, rising by 1.38% to $87.03 per ounce, or about ₹2,58,144 per kg, as traders reacted to potential buying opportunities amid geopolitical tensions related to the US-Iran situation.

Meanwhile, crude oil prices surged 3.87% to $90.63 per barrel, roughly ₹8,361 per barrel, driven by supply concerns and market speculation regarding OPEC's production strategies. The stronger dollar has made dollar-denominated commodities more expensive for other currency holders, impacting gold's appeal.

#1 Company faced multiple negative developments over the last 12 months

#2 Geopolitical issues impacted Q1FY26, FDTL norms affected Q3FY26 results

#3 International flights impacted by geopolitical uncertainty, higher fuel prices & weak rupee may hurt profitability

#4 Domestic market share recovery in January is positive

#5 Cost structure remains better than peers, target EV/Sales multiple cut to 2.4x from 2.6x

QIB – 0.98 times

NII - 0.33 times

Retail – 0.23 times

Overall – 0.27 times

Enviro Infra Engineers has secured a new project from Bihar Urban Infrastructure Development Corporation for Aurangabad.

Sewerage Network and STP under AMRUT 2.0, includes EPC of 20 MLD Sewage Treatment Plant alongwith all appurtenant structures and allied works, disinfection controlled with Scada including (II) Build 8 Nos. pumping station with 5400 MTR rising main, sewerage network of 196 Km (III) O&M for 5 years.

Ceigall India jointly with Sushee Infra & Mining [CIL – 74% & SIML – 26% share in JV] has emerged as the L1 bidder in the financial bid for construction of road from km 0.000 to km 55.725 of Huri-Taliha section of NH-913 (Frontier Highway) to intermediate lane on EPC mode in the State of Arunachal Pradesh.” for bid cost of Rs 521 crore.

Ceigall India was quoting at Rs 272.95, down Rs 3.95, or 1.43 percent.

It has touched an intraday high of Rs 278.00 and an intraday low of Rs 263.45.

It was trading with volumes of 31,281 shares, compared to its five day average of 70,392 shares, a decrease of -55.56 percent.

Aarti Industries has entered into a multi-year supply agreement with a top global agrochemical innovator for the supply of a critical agrochemical intermediate used in crop protection formulations.

The agreement is expected to generate revenue of approximately USD 150 million over the contract period, providing AIL with enhanced revenue visibility in the medium to long term.

The Sensex was down 497.77 points or 0.65 percent at 76,365.94, and the Nifty was down 148.75 points or 0.62 percent at 23,718.10. About 1681 shares advanced, 2092 shares declined, and 157 shares unchanged.

Canara Bank was quoting at Rs 141.05, up Rs 1.75, or 1.26 percent. It has touched an intraday high of Rs 141.50 and an intraday low of Rs 136.20. It was trading with volumes of 448,440 shares, compared to its five day average of 775,882 shares, a decrease of -42.20 percent.

The share touched a 52-week high of Rs 162.90 and a 52-week low of Rs 82.19 on 26 February, 2026 and 13 March, 2025, respectively. Currently, the stock is trading 13.41 percent below its 52-week high and 71.61 percent above its 52-week low. Market capitalisation stands at Rs 127,941.54 crore.

QIB – 0.98 times

NII - 0.31 times

Retail – 0.21 times

Overall – 0.25 times

Precision Wires India informed that the intensifying conflict in the Middle East has begun to impact some of its domestic and overseas suppliers.

Company's export consignments to the Middle East have also been affected. To address this, company is currently re-routing shipments and establishing alternate logistics arrangements. Please be advised that these changes may result in additional shipping costs and extended lead times.

TVS Motor Company (TVSM) today launched TVS Orbiter V1 with 1.8 kWh — the most accessible electric scooter in the company’s lineup. The company also introduced Battery-As-A-Service (BaaS) across its EV portfolio, offering customers a new and flexible ownership model.

TVS Motor Company was quoting at Rs 3,434.00, down Rs 166.05, or 4.61 percent.

It has touched an intraday high of Rs 3,560.60 and an intraday low of Rs 3,432.20.

It was trading with volumes of 21,580 shares, compared to its five day average of 39,109 shares, a decrease of -44.82 percent.

Indian rupee is trading near all-time low at 92.33 per dollar against Wednesday's close of 92.03.

Prince Jain has resigned as Chief Financial Officer and Key Managerial Personnel of the company, effective March 11.

Relaxo Footwears was quoting at Rs 304.15, down Rs 0.50, or 0.16 percent.

It has touched a 52-week low of Rs 298.55.

It has touched an intraday high of Rs 308 and an intraday low of Rs 298.55.

It was trading with volumes of 85,820 shares, compared to its five day average of 105,821 shares, a decrease of -18.90 percent.

TTK Prestige was quoting at Rs 582.90, up Rs 47.60, or 8.89 percent.

It has touched an intraday high of Rs 611.50 and an intraday low of Rs 560.

It was trading with volumes of 290,834 shares, compared to its five day average of 21,839 shares, an increase of 1,231.73 percent.

In the previous trading session, the share closed up 10.37 percent or Rs 50.30 at Rs 535.30.

The share touched a 52-week high of Rs 772.80 and a 52-week low of Rs 442.05 on 28 October, 2025 and 10 March, 2026, respectively.

Currently, the stock is trading 24.57 percent below its 52-week high and 31.86 percent above its 52-week low.

Market capitalisation stands at Rs 7,982.81 crore.

Raymond Realty, the real estate arm of Raymond continues its ambitious expansion with the launch of Ten X District 9 in Thane, a landmark 9 Acres acre residential development, with an estimated revenue potential of 2,000 crore.

Raymond Realty was quoting at Rs 392.10, up Rs 0.35, or 0.09 percent.

It has touched an intraday high of Rs 397.70 and an intraday low of Rs 380.55.

It was trading with volumes of 5,039 shares, compared to its five day average of 17,287 shares, a decrease of -70.85 percent.

The company is using Bio coal at its Modasa and Nagpur Facilities and its manufacturing facilities are running smoothly and will be able to serve its customers demand without any interruption.

Both plants are running normally and are well-equipped to meet the current and future production demands, ensuring that there will be no delays in product deliveries to customers.

The company received a Letter of Acceptance from Greater Hyderabad Municipal Corporation for construction of 4 lane unidirectional flyover at Rasoolpura under engineering procurement construction (EPC)/ Turnkey – basis in the state of Telangana worth Rs 50,47,25,400 excluding GST. The construction period for the said project is 24 months.

KPI Green Energy was quoting at Rs 407.85, up Rs 44.20, or 12.15 percent. It has touched an intraday high of Rs 411.60 and an intraday low of Rs 351.95. It was trading with volumes of 222,645 shares, compared to its five day average of 55,296 shares, an increase of 302.64 percent.

In the previous trading session, the share closed up 2.06 percent or Rs 7.35 at Rs 363.65.

The share touched a 52-week high of Rs 562.60 and a 52-week low of Rs 335.55 on 16 July, 2025 and 09 May, 2025, respectively. Currently, the stock is trading 27.51 percent below its 52-week high and 21.55 percent above its 52-week low. Market capitalisation stands at Rs 8,048.56 crore.

The company reported a fire incident at an external warehouse in Surat. All facilities are observing normal operations without any disruption. Also, zero injuries or casualties have been reported.

Aether Industries was quoting at Rs 1,033.70, up Rs 23.25, or 2.30 percent.

It has touched an intraday high of Rs 1,034.05 and an intraday low of Rs 957.75.

It was trading with volumes of 10,849 shares, compared to its five day average of 13,642 shares, a decrease of -20.47 percent.

The company’s subsidiary, Adani Defence Systems & Technologies, has completed the acquisition of a 14.2 percent shareholding in Air Works India (Engineering), increasing its total stake to 99.98 percent.

Air Works is engaged in the business of maintenance, repair, and overhaul (MRO) of aircraft.

Adani Enterprises was quoting at Rs 2,007.00, up Rs 31.70, or 1.60 percent.

It has touched an intraday high of Rs 2,025.80 and an intraday low of Rs 1,946.85.

It was trading with volumes of 68,684 shares, compared to its five day average of 327,760 shares, a decrease of -79.04 percent.

Given the prevailing geopolitical developments impacting global energy markets, some of the company’s gas suppliers have curtailed supply, which in turn has impacted its supplies to industrial and commercial (I&C) customers.

Further, the Ministry of Petroleum and Natural Gas has prioritised the supply of natural gas to domestic pipeline natural gas (DPNG) and compressed natural gas (CNG) sectors and has advised the curtailment of gas supply to I&C customers.

Additionally, Prudential plc and its subsidiary companies — Eastspring Investments (Singapore) and Eastspring Investments Incorporated — acquired an additional 0.06 percent stake in Mahanagar Gas via open market transactions on March 9, taking their total stake to 5.01 percent from 4.95 percent earlier.

Mahanagar Gas was quoting at Rs 1,072.60, up Rs 24.35, or 2.32 percent.

It has touched a 52-week low of Rs 1,009.45.

It has touched an intraday high of Rs 1,085.00 and an intraday low of Rs 1,009.45.

The Tata Power Company was quoting at Rs 404.15, up Rs 18.95, or 4.92 percent.

It has touched an intraday high of Rs 404.40 and an intraday low of Rs 383.40.

It was trading with volumes of 1,206,684 shares, compared to its five day average of 546,715 shares, an increase of 120.72 percent.

In the previous trading session, the share closed up 1.04 percent or Rs 3.95 at Rs 385.20.

The share touched a 52-week high of Rs 416.70 and a 52-week low of Rs 332.10 on 16 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 3.01 percent below its 52-week high and 21.7 percent above its 52-week low.

Market capitalisation stands at Rs 129,139.65 crore.

Central Bank of India has entered into co-lending partnership with IIFL Finance to offer loans at competitive rates.

Also, the bank has entered into distributorship agreement with HDFC Asset Management Company for distribution of their Mutual Fund Products to its customers.

Central Bank of India was quoting at Rs 36.53, down Rs 0.05, or 0.14 percent. It has touched an intraday high of Rs 36.53 and an intraday low of Rs 35.62.

RateGain Travel Technologies and Juspay today announced a strategic partnership to power RG Pay, RateGain’s embedded ϐinancial technology platform for the travel and hospitality ecosystem.

Rategain Travel Technologies was quoting at Rs 504.40, down Rs 6.05, or 1.19 percent.

It has touched an intraday high of Rs 510.50 and an intraday low of Rs 493.95.

It was trading with volumes of 6,570 shares, compared to its five day average of 18,551 shares, a decrease of -64.58 percent.

PowerHive, the battery and energy storage arm of Vikram Solar, announced the launch of its flagship brand VION, marking the company’s entry into distributed battery storage for electric mobility and residential energy backup.

Vikram Solar was quoting at Rs 182.90, up Rs 2.65, or 1.47 percent. It has touched an intraday high of Rs 183.50 and an intraday low of Rs 174.50.

Infosys announced the expansion of its Mohali Development Center (DC) with a formal groundbreaking ceremony held at the campus, further strengthening its presence in North India.

Infosys was quoting at Rs 1,275.65, down Rs 0.70, or 0.05 percent.

It has touched a 52-week low of Rs 1,257.80.

It has touched an intraday high of Rs 1,276.20 and an intraday low of Rs 1,257.80.

It was trading with volumes of 197,127 shares, compared to its five day average of 324,521 shares, a decrease of -39.26 percent.

The National Company Law Tribunal (NCLT), Cuttack, has sanctioned the amalgamation of Milk Mantra Dairy with Hatsun Agro Product, with effect from the appointed date of April 1, 2025.

Hatsun Agro Products was quoting at Rs 918.45, up Rs 0.60, or 0.07 percent.

It has touched an intraday high of Rs 919.75 and an intraday low of Rs 907.20.

It was trading with volumes of 422 shares, compared to its five day average of 931 shares, a decrease of -54.68 percent.

#1 Recent underperformance versus auto index driven by weak wholesale & disappointing Q3 results

#2 Retail demand remains healthy across cars & utility vehicles

#3 Near-term wholesale limited by capacity constraints

#4 New capacity from April 2026 should improve volumes

#5 Expect 16 percent earnings CAGR over FY25–28

The company has made an investment in its subsidiary Bharat Forge Global Holding GmbH through a capital reserve amounting to Rs 160 crore, or 15 million euros.

Bharat Forge was quoting at Rs 1,758.00, down Rs 39.25, or 2.18 percent.

It has touched an intraday high of Rs 1,788.45 and an intraday low of Rs 1,720.40.

It was trading with volumes of 47,294 shares, compared to its five day average of 88,310 shares, a decrease of -46.45 percent.

The stocks of automobile companies stayed in the red with Mahindra & Mahindra being the worst hit in the index, down over 3%. Shares of Tata Motors Passenger Vehicles, Eicher Motors, Bajaj Auto, and Maruti Suzuki India were down 2-3%.

On the back of the surge in oil prices, shares of oil refiners Indian Oil Corp., Bharat Petroleum Corp., and Hindustan Petroleum Corp. fell 1–3%.

Indian rupee extended the intraday losses to test fresh record low of 92.36 per dollar against Wednesday's close of 92.03.

The Sensex was down 373.37 points or 0.49 percent at 76,490.34, and the Nifty was down 119.70 points or 0.50 percent at 23,747.15. About 1167 shares advanced, 2407 shares declined, and 176 shares unchanged.

The National Company Law Tribunal (NCLT), New Delhi, has approved the amalgamation between Lumax Ancillary and Lumax Auto Technologies. The appointed date for the scheme is April 1, 2024.

Lumax Auto Technologies was quoting at Rs 1,405.40, down Rs 64.15, or 4.37 percent.

It has touched an intraday high of Rs 1,460.05 and an intraday low of Rs 1,398.05.

It was trading with volumes of 4,053 shares, compared to its five day average of 16,948 shares, a decrease of -76.09 percent.

Aarti Industries has entered into a multi-year supply agreement with a top global agrochemical innovator for the supply of a critical agrochemical intermediate used in crop protection formulations.

The agreement is expected to generate revenue of approximately USD 150 million over the contract period, providing AIL with enhanced revenue visibility in the medium to long term.

Indian Railway Finance Corporation was quoting at Rs 98.95, down Rs 0.35, or 0.35 percent.

It has touched an intraday high of Rs 99.05 and an intraday low of Rs 97.25.

It was trading with volumes of 528,949 shares, compared to its five day average of 2,065,920 shares, a decrease of -74.40 percent.

NLC India was quoting at Rs 265.30, up Rs 17.05, or 6.87 percent.

It has touched an intraday high of Rs 265.55 and an intraday low of Rs 243.00.

It was trading with volumes of 122,977 shares, compared to its five day average of 102,404 shares, an increase of 20.09 percent.

Aasheesh Saxena has been appointed as Vice President (Business Head – Roofing) of the company, effective March 11. He will be part of the senior management team.

Everest Industries was quoting at Rs 375.55, down Rs 7.25, or 1.89 percent.

It has touched an intraday high of Rs 378.25 and an intraday low of Rs 367.40.

It was trading with volumes of 442 shares, compared to its five day average of 773 shares, a decrease of -42.79 percent.

The company has received a favourable order from the Commissioner of Income Tax (Appeals), quashing the demand of Rs 230.21 crore (out of the total demand of Rs 233.66 crore) raised by the Assessing Officer for the Assessment Year 2020–21.

Redington was quoting at Rs 240.90, down Rs 6.50, or 2.63 percent.

It has touched an intraday high of Rs 248.95 and an intraday low of Rs 236.15.

It was trading with volumes of 267,257 shares, compared to its five day average of 1,043,762 shares, a decrease of -74.39 percent.

Ai+ Smartphone has entered into a manufacturing agreement with Optiemus Electronics Limited (OEL), a subsidiary of Optiemus Infracom Limited, to produce mobile phones, tablets, IoT devices, and advanced wearable products in India.

Under the agreement, Ai+ Smartphone and OEL plan to invest around INR 125cr in Indiabased manufacturing under the Government of India’s Make in India vision over 5 years, creating approximately 1,200 direct and indirect jobs across manufacturing, operations

and supporting functions.

Optiemus Infracom was quoting at Rs 345.15, down Rs 2.20, or 0.63 percent.

It has touched an intraday high of Rs 348.15 and an intraday low of Rs 336.15.

It was trading with volumes of 9,985 shares, compared to its five day average of 16,206 shares, a decrease of -38.39 percent.

#1 Final call made on Rs 15,800 crore of 2021 rights issue, total size was Rs 21,000 crore

#2 Issue priced at Rs 535 with 7 percent equity dilution, price around 10 percent discount to then market price

#3 Nearly 70 percent discount to current price, promoters sold around 4 percent stake in 2025

#4 Singtel holds 27.5 percent stake versus 21.4 percent for Sunil Mittal

#5 Estimated 6 percent stock overhang due to possible stake equalisation

#6 FII & DII ownership continues to rise, rights proceeds may help company become bank-debt free

#7 Supported by Rs 47,800 crore FCF in 9MFY26

Britannia Industries was quoting at Rs 5,796.10, down Rs 123.90, or 2.09 percent. It has touched an intraday high of Rs 5,900.05 and an intraday low of Rs 5,789.