Closing Bell: Nifty below 25,200, Sensex tanks 961 pts; realty, metal, FMCG top drag

Indian benchmark indices ended lower with Nifty below 25,200 on February 27. At close, the Sensex was down 961.42 points or 1.17 percent at 81,287.19, and the Nifty was down 317.90 points or 1.25 percent at 25,178.65.

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

The Indian rupee continues to weaken, tracking a broader decline in regional currencies. This week, the USDINR faced psychological 91.00 level resistance amid expectations of central bank intervention. However, risk-averse sentiment and robust dollar demand from importers continue to weigh on the local rupee.

Ahead of today's Q3 GDP release, the USDINR pair remained confined to a narrow trading range. The outlook remains bullish for the pair unless it can break 90.60, while 91.10 and 91.40 are expected to serve as immediate resistance levels.

Markets traded under pressure on Friday and ended sharply lower, extending the corrective tone amid weak cues. The Nifty opened on a weak note and remained under selling pressure for most of the session. A sharp bout of selling in the final hours dragged the index further down, and it eventually settled near the day’s low at around 25,178.65 level.

Selling was largely broad-based across sectors. Realty, auto and FMCG stocks were among the major laggards, while the IT pack showed some resilience and managed to end on a flat note. The broader markets also witnessed profit booking, with both midcap and smallcap indices declining by around 1% each, reflecting cautious sentiment among participants.

Investor sentiment weakened due to a combination of factors including inconsistent foreign flows, weak global cues and lingering geopolitical tensions. In addition, the underperformance of select heavyweights across sectors further intensified the decline.

The Nifty has not only surrendered the support zone of 25,400 but has also moved closer to the gap area around the 25,100 mark. It will be important to see how the relatively stronger sectors, especially banking, behave in the coming sessions, as that could determine whether the market witnesses a rebound or extends the decline towards the 24,800 zone. Meanwhile, participants are advised to maintain a cautious stance, keep position sizes light and manage risk carefully.

Today, the Indian equity markets ended lower. The Nifty 50 fell around 1.25% to near 25,178, while the Sensex slipped about 1.17%.

On the corporate front, Jio Financial Services infused nearly Rs. 2,000 Cr into its NBFC arm, Jio Credit, to support strong loan growth after disbursements more than doubled YoY in Q3FY26. While this move is positive in the long term, concerns over fast balance sheet expansion in an increasingly competitive unsecured lending space kept NBFC stocks range bound.

In the small finance bank space, reports that Unity Small Finance Bank may raise USD 130-150 million through stake dilution weighed on sentiment, putting pressure on peers such as Ujjivan Small Finance Bank.

Going ahead, markets may remain volatile due to global tech trends, macro data and FII flows. However, strong domestic demand, capital spending and formal credit growth continue to provide long term support, favouring a selective, fundamentals driven approach.

On Friday, the benchmark index Nifty 50 opened with a minor gap-down and continued its downward trajectory throughout the session. The index has formed a strong bearish candle on the daily chart, reflecting sustained selling pressure. It eventually settled lower by 317 points near the 25,178 mark, indicating continued weakness in market sentiment.

From a technical perspective, Nifty has now slipped below its 200-day EMA, a key long-term trend indicator. This breakdown underscore that sellers remain firmly in control, with price action suggesting a potential retest of the 25,000 zone in the near term if weakness persists.

On the sectoral front, the session was largely seller-dominated. Except for Nifty IT, which remained relatively flat, most sectors witnessed broad-based declines. Nifty Realty, Nifty Auto, and Nifty Metal were among the worst performers, highlighting intensified selling pressure across cyclical segments.

The broader market also reflected a weak undertone. The Nifty Midcap 100 and Nifty Smallcap 100 indices extended their losses, declining 1.14% and 1.10%, respectively, indicating sustained pressure in the broader universe. Market breadth remained firmly negative - out of the Nifty 500 universe, only around 110 stocks closed in the green, while nearly 387 ended in the red, pointing toward broad-based weakness across the market.

Nifty View

Going ahead, the 25,030 - 25,000 zone will act as an immediate support area for the index. A decisive break below 25,000 may accelerate the decline toward 24,800 levels. On the upside, the 25,350 - 25,380 zone will act as an immediate resistance, and any pullback toward this band is likely to face selling pressure.

Bank Nifty View

Looking ahead, the 60,300 - 60,250 zone will act as a crucial support base for the index. A breach below this range could drag Bank Nifty toward the 59,500 level. On the upside, the 60,700 - 60,800 zone is expected to act as a significant resistance band. A sustained breakout above 60,900 could pave the way for a near-term rally toward 61,500 level in the short term.

Nifty witnessed an extended sell-off today, closing at 25,180, down 316 points. The index confirmed a breakdown from a descending triangle pattern and settled below key support levels, signalling a clear shift in short-term structure.

The 25,100 zone now becomes critical. A sustained move below this level could accelerate downside momentum toward the 24,800 mark. On the upside, the 25,350–25,400 range, which earlier acted as support, is now likely to function as resistance.

The breakdown suggests that sellers have regained control, and rallies may face supply at higher levels. Realty and auto stocks were among the biggest losers, reflecting broad-based pressure rather than isolated weakness.

In the current setup, traders should maintain strict stop-losses on existing long positions and consider adopting a sell-on-rise approach until the index reclaims its broken support levels. Risk management becomes paramount in such corrective phases.

Indian markets continued to consolidate amid weak global cues and rising geopolitical risks, with investor sentiment turning increasingly cautious. The lack of progress in US–Iran nuclear talks has intensified concerns of further escalation of Middle East tensions, while persistent AI related uncertainty is also supporting safe haven flows. Domestically, a risk off tone prevails as the earnings season winds down and global macro factors take precedence. '

Although IT stocks are witnessing selective low level buying after recent corrections, the broader trend remains subdued. With FIIs staying cautious and volatility likely to resurface, markets may continue to trade within a narrow range. India’s Q3 GDP prints due later today, expected to reflect underlying resilience, could offer some support at the margin.

Indian rupee ended lower at 90.97 per dollar on Friday versus Thursday's close of 90.91.

Indian benchmark indices ended lower with Nifty below 25,200 on February 27.

At close, the Sensex was down 961.42 points or 1.17 percent at 81,287.19, and the Nifty was down 317.90 points or 1.25 percent at 25,178.65. About 1615 shares advanced, 2392 shares declined, and 173 shares unchanged.

Nifty Midcap and smallcap indices down 1% each.

Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals.

Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.

Zydus Lifesciences was quoting at Rs 918.90, down Rs 19.25, or 2.05 percent.

It has touched an intraday high of Rs 938.15 and an intraday low of Rs 917.80.

It was trading with volumes of 18,769 shares, compared to its five day average of 31,678 shares, a decrease of -40.75 percent.

IRCTC - Indian Railway Catering & Tourism Corp was quoting at Rs 564.40, down Rs 30.75, or 5.17 percent.

It has touched a 52-week low of Rs 564.

It has touched an intraday high of Rs 595.15 and an intraday low of Rs 564.

It was trading with volumes of 833,445 shares, compared to its five day average of 192,234 shares, an increase of 333.56 percent.

QIB – 2.36 times

NII - 0.59 times

Retail – 0.27 times

Employee Reserved – 3.73 times

Overall – 0.94 times

Ashoka Buildcon was quoting at Rs 130.60, down Rs 8.20, or 5.91 percent.

It has touched a 52-week low of Rs 128.10.

It has touched an intraday high of Rs 138.80 and an intraday low of Rs 128.10.

It was trading with volumes of 61,453 shares, compared to its five day average of 60,565 shares, an increase of 1.47 percent.

Indian rupee is trading lower at 90.96 per dollar against previous close of 90.91.

L&T Finance was quoting at Rs 283.35, down Rs 16.65, or 5.55 percent.

It has touched an intraday high of Rs 299.90 and an intraday low of Rs 283.35.

It was trading with volumes of 738,513 shares, compared to its five day average of 188,377 shares, an increase of 292.04 percent.

#1 ARPU up 6 percent YoY, driven by quality subscriber additions

#2 Stable VIL revenue growth positive for Indus Towers

#3 Sector revenue seen growing at 15 percent CAGR to USD 44 billion over FY26–28, market share broadly stable

Bharti Airtel was quoting at Rs 1,885.70, down Rs 42.80, or 2.22 percent.

It has touched an intraday high of Rs 1,914.95 and an intraday low of Rs 1,870.35.

It was trading with volumes of 902,749 shares, compared to its five day average of 457,674 shares, an increase of 97.25 percent.

#1 US FDA nod for licensed NDA product Adquey marks shift toward higher-value branded assets

#2 Assuming 2 years of EBITDA losses & 40-50 percent peak margin, Adquey adds long-term value

#3 Monitor plant classification for Eugia-III & unit VII post inspection

#4 Revenue/EBITDA/PAT CAGR estimated at 9 percent/12 percent/17 percent over FY26–28E

Broader markets mirrored the weakness in frontline indices. The Nifty Midcap 100 slipped 0.6 percent, while the Nifty Smallcap 100 declined nearly 0.8 percent, indicating risk aversion beyond largecaps. Volatility ticked higher, with India VIX rising around 2.6 percent, suggesting elevated caution among traders as benchmarks remained under pressure through the session.

Sectoral indices remained largely in the red in afternoon trade, reflecting broad-based weakness. On the BSE, Realty index fell over 1.5 percent, while Auto and FMCG declined around 1 percent each. Bankex and Services indices also traded lower. In contrast, Energy and Oil & Gas stocks bucked the trend, rising 0.5-0.7 percent. The BSE IT index also edged higher by about 0.6 percent, showing relative resilience despite the broader sell-off.

The Supreme Court has rejected SpiceJet’s plea challenging the Delhi High Court order that directed the airline to pay ₹144 crore to Kalanithi Maran.

SpiceJet was quoting at Rs 16.36, up Rs 0.46, or 2.89 percent.

It has touched an intraday high of Rs 17.15 and an intraday low of Rs 15.50.

It was trading with volumes of 61,667,669 shares, compared to its five day average of 99,558,632 shares, a decrease of -38.06 percent.

#1 Hardware JV Phase 2 expansion to aid breakeven by FY28

#2 Ecotec & operating leverage to drive double-digit volume growth in Q4FY26 & FY27

#3 MDF capacity expansion of 600–700 CBM/day by Q2FY28 at Rs 425 crore capex

#4 FY26–28E EPS cut by 10 percent

#5 Valuation multiple reduced to 21x due to delayed hardware profitability & renewed capex

Greenply Industries was quoting at Rs 222.65, down Rs 1.05, or 0.47 percent.

It has touched a 52-week low of Rs 215.05.

It has touched an intraday high of Rs 226 and an intraday low of Rs 215.05.

The Sensex was down 415.86 points or 0.51 percent at 81,832.75, and the Nifty was down 149.95 points or 0.59 percent at 25,346.60. About 1547 shares advanced, 2218 shares declined, and 147 shares unchanged.

NBCC (India) was quoting at Rs 93.67, down Rs 0.37, or 0.39 percent.

It has touched an intraday high of Rs 95.48 and an intraday low of Rs 92.93.

It was trading with volumes of 601,767 shares, compared to its five day average of 568,423 shares, an increase of 5.87 percent.

Capacit'e Infraprojects has received Letter of Intent (LOI) from Raymond Realty, for a total contract value of ~ Rs 537 crore , excluding GST, for “Construction of ‘Towers F, G and NTA’ and ‘Retail Building’ in the projects of ‘Address by GS-3’ and ‘Invictus-2’ at Thane”.

Capacite Infraprojects was quoting at Rs 244.75, down Rs 2.45, or 0.99 percent.

It has touched an intraday high of Rs 255.70 and an intraday low of Rs 243.70.

It was trading with volumes of 7,086 shares, compared to its five day average of 11,690 shares, a decrease of -39.39 percent.

The company has subscribed to and has been allotted 3.35 crore equity shares of Jio Credit, its wholly owned subsidiary (a non-banking financial company), for cash at a premium of Rs 585.70 per equity share, aggregating Rs 1,999.88 crore.

Jio Credit will utilise the amount to fund its business operations.

Markets are trading lower today amid weak global cues and a cautious undertone across sectors. The decline is largely driven by global risk aversion, subdued institutional participation, and profit booking following the recent recovery. Elevated US bond yields, uncertainty around the global interest rate trajectory, and mixed economic data from major economies have kept sentiment fragile. Persistent geopolitical tensions between the US and Iran, along with volatility in crude oil prices, are further weighing on confidence as traders trim positions ahead of key domestic and global triggers. The IT sector, both global and domestic, is also under pressure amid concerns that rapid adoption of AI tools could disrupt traditional application development, testing, and maintenance services, potentially affecting future revenue visibility. Overall, the mood is cautious rather than panic driven, reflecting a wait and watch approach with focus on capital preservation.

Going forward, investors should closely track global bond yields, crude oil trends, and currency movements, particularly the rupee against the dollar. Domestic institutional flows, upcoming macroeconomic data, and sector specific developments will play a critical role in shaping near term direction. Any clarity on the global central bank policy stance, especially from the US Federal Reserve, could provide further cues. In the absence of strong positive triggers, markets may remain range bound, with stock specific opportunities dominating the broader landscape.

The board has declared a second interim dividend of Rs 1.5 per share for FY26. The record date for the interim dividend is March 6.

Engineers India was quoting at Rs 220.35, down Rs 4.30, or 1.91 percent.

It has touched an intraday high of Rs 226 and an intraday low of Rs 218.95.

It was trading with volumes of 214,373 shares, compared to its five day average of 421,837 shares, a decrease of -49.18 percent.

The board will meet on March 6 to consider a second interim dividend for FY26.

Indian Oil Corporation was quoting at Rs 187.70, up Rs 1.20, or 0.64 percent.

It has touched a 52-week high of Rs 188.90.

It has touched an intraday high of Rs 188.90 and an intraday low of Rs 185.75.

It was trading with volumes of 1,360,454 shares, compared to its five day average of 1,536,804 shares, a decrease of -11.48 percent.

Sarda Energy and Minerals was quoting at Rs 548.80, up Rs 30.35, or 5.85 percent.

It has touched an intraday high of Rs 560.50 and an intraday low of Rs 516.20.

It was trading with volumes of 206,205 shares, compared to its five day average of 27,976 shares, an increase of 637.07 percent.

In the previous trading session, the share closed down 2.46 percent or Rs 13.05 at Rs 518.45.

The Court of Spl. Judge, CBI-1, Patna, has granted bail and released from the judicial custody all the four officials of the Company, viz. Mr. Anoop Singh, Mr. Gaurav Kushwaha, Mr. Akash Patra and Mr. Dhiraj Virmani and has also granted anticipatory bail in favour of Mr. Harendra Singh – Chairman & Managing Director.

HG Infra Engineering was quoting at Rs 542.30, down Rs 15.15, or 2.72 percent.

It has touched a 52-week low of Rs 536.80.

It has touched an intraday high of Rs 561.20 and an intraday low of Rs 536.80.

It was trading with volumes of 19,867 shares, compared to its five day average of 7,737 shares, an increase of 156.79 percent.

The company acquired 28,00,000 equity shares of Rs 10 each, being 100% of the paid-up capital of Alcon Builders and Engineers for an aggregate consideration of Rs 15,183.00 lakhs from the existing promoters of Alcon. Consequent to this Alcon has become a wholly owned subsidiary of the company.

GPT Infraprojects was quoting at Rs 126, up Rs 1.90, or 1.53 percent. It has touched an intraday high of Rs 126 and an intraday low of Rs 120.75. It was trading with volumes of 3,671 shares, compared to its five day average of 8,774 shares, a decrease of -58.16 percent.

ICICI Prudential Life Insurance Company was quoting at Rs 652.15, down Rs 21.85, or 3.24 percent.

It has touched an intraday high of Rs 683.00 and an intraday low of Rs 649.05.

It was trading with volumes of 23,281 shares, compared to its five day average of 30,613 shares, a decrease of -23.95 percent.

The board of directors at their meeting held today has given their in-principle approval to demerge the Space, Meteorology and Hydrology business undertakings of the Company into a separate entity.

Astra Microwave Products was quoting at Rs 976.00, down Rs 16.10, or 1.62 percent.

It has touched an intraday high of Rs 1,004.20 and an intraday low of Rs 972.00.

It was trading with volumes of 22,098 shares, compared to its five day average of 21,351 shares, an increase of 3.50 percent.

Lupin has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its facility in Goa, India, with a satisfactory Voluntary Action Indicated (VAI) classification. The EIR was issued following an inspection of the facility from November 10 to November 21, 2025.

The Sensex was down 623.54 points or 0.76 percent at 81,625.07, and the Nifty was down 216.55 points or 0.85 percent at 25,280.00. About 1363 shares advanced, 2319 shares declined, and 163 shares unchanged.

Mastek (UK), a Wholly-owned subsidiary of Mastek has secured a five-year (inclusive of two optional years) engineering, integration, and product development contract with the Home Office, with an overall budget of circa £49m/$67m+.

Mastek was quoting at Rs 1,568.75, down Rs 19.80, or 1.25 percent.

It has touched an intraday high of Rs 1,616.35 and an intraday low of Rs 1,563.

It was trading with volumes of 1,841 shares, compared to its five day average of 3,784 shares, a decrease of -51.35 percent.

The company’s subsidiary, Greaves Electric Mobility, has announced its international expansion into Nepal, in partnership with STC Auto Solution. As part of this expansion, the company is launching its flagship product, Ampere Nexus.

Greaves Cotton was quoting at Rs 154.35, down Rs 3.20, or 2.03 percent.

It has touched an intraday high of Rs 161.55 and an intraday low of Rs 154.10.

It was trading with volumes of 48,463 shares, compared to its five day average of 24,729 shares, an increase of 95.98 percent.

Due to the partial shutdown of the US federal government, the statutory timelines under the CFIUS review framework have been tolled, thereby impacting the ongoing CFIUS review process.

At present, no definitive timeline is available for the conclusion of the shutdown. Accordingly, the CFIUS review and the related transaction remain temporarily halted.

Hindalco Industries was quoting at Rs 932.60, down Rs 8.40, or 0.89 percent. It has touched an intraday high of Rs 942.55 and an intraday low of Rs 928. It was trading with volumes of 38,130 shares, compared to its five day average of 170,953 shares, a decrease of -77.70 percent.

Spot gold closed with modest gains at $5,185/oz yesterday, while silver slipped 1% to $88.3/oz, amid easing geopolitical risk premiums and rising expectations that interest rates will remain on hold for longer. Despite dovish remarks from Stephen Miran projecting up to 100 basis points of easing this year, market pricing pushed expectations for the first rate cut toward July, reflecting a mixed commentary by Fed officials and a hawkish undertone in the January FOMC minutes.

This week, Austan Goolsbee signaled that rate cuts remain possible if inflation moderates further, while Susan Collins emphasized labor market strength, supporting a higher-for-longer stance. Similarly, Thomas Barkin noted that policy is already well positioned, suggesting no immediate need for adjustment.

Bullion prices rebounded sharply from intraday lows of $5,130/oz for gold and $85.2/oz for silver, supported by concerns over U.S. trade protectionism as Trump reiterated his commitment to expanding tariffs, alongside lingering uncertainty around U.S.–Iran negotiations. Today, gold trades near $5,180/oz, while silver holds above $89.5/oz amid soft U.S. Treasury yields. Sustained gains would likely require clearer signals of imminent rate cuts or renewed geopolitical escalation, as a firm dollar continues to cap upside.

WTI crude oil recovered from earlier losses yesterday, closing just 0.3% lower at $65.20/bbl after Iran indicated that recent talks in Geneva showed progress, though key sticking points remain unresolved. Washington seeks a complete halt to Iran’s uranium enrichment, while Tehran remains unwilling to fully comply, though it is open to limiting high-level activity.

Iran continues to assert its right to peaceful nuclear energy and demands sanction relief, ruling out concessions on its missile program or regional proxies. Oil initially fell more than 2% on the resumption of U.S.–Iran talks, combined with a 16-million-barrel rise in U.S. crude inventories and expectations that OPEC+ may increase output by 137,000 bpd in April, all adding to supply side concerns. Today, oil prices edged higher to $65.5/bbl, reflecting next week's high-stakes meeting amid U.S. military buildup and staff reductions in the Middle East, keeping traders on edge.

#1 Focus on accelerating non-auto industrial growth, enhancing auto, stabilising decorative

#2 Decorative segment growth outlook at 2-4 percent over 5 years, profitability prioritised

#3 Auto segment gained 300 bps market share over 3 years

#4 Non-auto industrial (powder & liquid performance coatings) gaining share

#5 Q3FY26 EBITDA margin guided at 13–14 percent vs earlier 13–15 percent

QIB – 0.14 times

NII - 0.23 times

Retail – 0.20 times

Employee Reserved – 3.11 times

Overall – 0.20 times

#1 No significant fear of AI, but new winners and losers will emerge

#2 Industries and companies that adapt to AI-driven changes will succeed

IRB Infrastructure Developers was quoting at Rs 41.20, down Rs 0.38, or 0.91 percent.

It has touched an intraday high of Rs 41.56 and an intraday low of Rs 41.04.

It was trading with volumes of 312,700 shares, compared to its five day average of 499,350 shares, a decrease of -37.38 percent.

Brigade Group has partnered with Primus Senior Living to launch three senior living communities across Bengaluru and other geographies in South India. The upcoming projects will have an expected gross development value (GDV) of approximately Rs 750 crore.

The National Stock Exchange of India and BSE, through letters dated February 25, have issued their no-objection/no-adverse observation letters for the proposed scheme of arrangement and amalgamation among Steriscience Specialties, Brooks Steriscience, Steriscience Pte, Strides Pharma Services, and Onesource Specialty Pharma.

Network 18 Media & Investments was quoting at Rs 33.36, down Rs 0.11, or 0.33 percent.

It has touched a 52-week low of Rs 32.96.

It has touched an intraday high of Rs 33.82 and an intraday low of Rs 32.96.

It was trading with volumes of 2,974,615 shares, compared to its five day average of 1,055,263 shares, an increase of 181.88 percent.

Kirloskar Brothers was quoting at Rs 1,573.70, down Rs 20.60, or 1.29 percent.

It has touched an intraday high of Rs 1,607.90 and an intraday low of Rs 1,551.40.

It was trading with volumes of 4,947 shares, compared to its five day average of 2,128 shares, an increase of 132.52 percent.

Marine Electricals (India) has received orders amounting to total of Rs 27.49 crores:

1. Order received from CG Semi Private Limited for supply of power distribution system. The delivery of the said goods shall be made over a period of 3-4 months.

2. Order received from Oberoi Realty Limted for supply of Power Distribution System. The delivery of the said goods shall be made over a period of 3-4 months.

Marine Electricals India was quoting at Rs 188.15, down Rs 3.08, or 1.61 percent.

It has touched an intraday high of Rs 190.59 and an intraday low of Rs 185.05.

It was trading with volumes of 106,054 shares, compared to its five day average of 220,692 shares, a decrease of -51.94 percent.

R R Kabel was quoting at Rs 1,555, up Rs 35.80, or 2.36 percent.

It has touched a 52-week high of Rs 1,578.20.

It has touched an intraday high of Rs 1,578.20 and an intraday low of Rs 1,520.80.

It was trading with volumes of 620,005 shares, compared to its five day average of 110,125 shares, an increase of 463 percent.

Physicswallah was quoting at Rs 89.85, up Rs 0.60, or 0.67 percent.

It has touched an intraday high of Rs 90.35 and an intraday low of Rs 88.20.

It was trading with volumes of 192,852 shares, compared to its five day average of 889,734 shares, a decrease of -78.32 percent.

Indian rupee is trading lower at 90.95 per dollar against previous close of 90.91.

Tejas Networks was quoting at Rs 427.85, up Rs 55.50, or 14.91 percent.

It has touched an intraday high of Rs 429.15 and an intraday low of Rs 387.10.

It was trading with volumes of 6,805,370 shares, compared to its five day average of 1,512,675 shares, an increase of 349.89 percent.

QIB – 0.13 times

NII - 0.16 times

Retail – 0.18 times

Employee Reserved – 2.95 times

Overall – 0.17 times

Fairfax Financial Holdings is the frontrunner to buy a majority stake in IDBI Bank, according to people familiar with the matter, in what could be the biggest foreign investment in India’s banking sector.

Enkei Wheels (India), Jagatjit Industries, K&R Rail Engineering, and Rain Industries will release their quarterly earnings today.

The Sensex was down 521.28 points or 0.63 percent at 81,727.33, and the Nifty was down 187.90 points or 0.74 percent at 25,308.65. About 1313 shares advanced, 2144 shares declined, and 170 shares unchanged.

Lenskart Solutions was quoting at Rs 526.10, up Rs 13.50, or 2.63 percent. It has touched an intraday high of Rs 528.50 and an intraday low of Rs 505.75. It was trading with volumes of 83,589 shares, compared to its five day average of 1,823,569 shares, a decrease of -95.42 percent.

The share touched a 52-week high of Rs 533.30 and a 52-week low of Rs 355.70 on 13 February, 2026 and 10 November, 2025, respectively. Currently, the stock is trading 1.35 percent below its 52-week high and 47.91 percent above its 52-week low. Market capitalisation stands at Rs 91,352.85 crore.

Bajaj Mobility AG hereby announces that KTM AG has successfully secured a loan to refinance its existing debt with Bajaj Auto International Holdings B.V.

As part of last year’s restructuring, Bajaj Auto International Holdings B.V. provided KTM AG with a loan of EUR 450 million in May 2025 to finance the restructuring plan quota.

The current refinancing loan agreement is granted by an international banking consortium and has a total volume of EUR 550 million.

The loan is unsecured, has a 5-year term, and bears interest in the low to mid-single-digit percentage range.

Bajaj Auto was quoting at Rs 9,981.00, down Rs 127.80, or 1.26 percent. It has touched an intraday high of Rs 10,108.00 and an intraday low of Rs 9,976.80. It was trading with volumes of 1,496 shares, compared to its five day average of 7,651 shares, a decrease of -80.45 percent.

#1 Parent Kansai Paints reiterates commitment to India growth

#2 Strategy update highlights mid-term plan progress & segment growth drivers

#3 Auto outperformance to continue, industrial to emerge as third growth pillar

#4 Competitive intensity in decorative to take time to impact

Kansai Nerolac Paints was quoting at Rs 200.50, up Rs 0.10, or 0.05 percent.

It has touched a 52-week low of Rs 196.

It has touched an intraday high of Rs 201.30 and an intraday low of Rs 196.

It was trading with volumes of 7,465 shares, compared to its five day average of 1,142,656 shares, a decrease of -99.35 percent.

The board will meet on March 9 to consider the declaration of a second interim dividend for the current financial year 2025–26 and to consider approval of the market borrowing programme for the financial year 2026–27.

Indian Railway Finance Corporation was quoting at Rs 102.85, down Rs 0.40, or 0.39 percent.

It has touched a 52-week low of Rs 101.70.

It has touched an intraday high of Rs 103.60 and an intraday low of Rs 101.70.

It was trading with volumes of 809,455 shares, compared to its five day average of 2,065,920 shares, a decrease of -60.82 percent.

The company has received multiple orders worth Rs 19.27 crore from domestic entities for the execution of engineering, procurement, and construction (EPC) contracts on a turnkey basis in the ordinary course of its business operations.

GRE Renew Enertech was quoting at Rs 92.30, down Rs 6.70, or 6.77 percent. It has touched a 52-week low of Rs 80. It has touched an intraday high of Rs 102.70 and an intraday low of Rs 80.

The company has entered into an agreement with Chennai Super Kings Cricket, Superking Ventures, and Saurashtra Cement. The company will offer its Zaggle Corporate Expense Cards to employees and associates of Chennai Super Kings Cricket and Superking Ventures.

Further, Zaggle will provide Zaggle Save (Employee Expense Management & Benefits) to Saurashtra Cement.

Zaggle Prepaid Ocean Services was quoting at Rs 231.55, down Rs 1.15, or 0.49 percent.

It has touched an intraday high of Rs 239 and an intraday low of Rs 230.40.

It was trading with volumes of 969,720 shares, compared to its five day average of 1,113,394 shares, a decrease of -12.90 percent.

Mahanagar Gas was quoting at Rs 1,221, up Rs 18, or 1.50 percent. It has touched an intraday high of Rs 1,221.50 and an intraday low of Rs 1,195. It was trading with volumes of 4,290 shares, compared to its five day average of 12,707 shares, a decrease of -66.24 percent.

In the previous trading session, the share closed up 0.20 percent or Rs 2.35 at Rs 1,203. The share touched a 52-week high of Rs 1,586 and a 52-week low of Rs 1,019 on 04 July, 2025 and 27 January, 2026, respectively. Currently, the stock is trading 23.01 percent below its 52-week high and 19.82 percent above its 52-week low. Market capitalisation stands at Rs 12,060.77 crore.

Indian rupee is trading marginally lower at 90.96 per dollar against previous close of 90.91.

QIB – 0.13 times

NII - 0.13 times

Retail – 0.15 times

Employee Reserved – 2.75 times

Overall – 0.15 times

Redington was quoting at Rs 270.35, up Rs 25.75, or 10.53 percent.

It has touched an intraday high of Rs 271.90 and an intraday low of Rs 243.65.

It was trading with volumes of 1,830,353 shares, compared to its five day average of 63,260 shares, an increase of 2,793.37 percent.

#1 US FDA nod for licensed NDA product Adquey marks shift toward higher-value branded assets

#2 Assuming 2 years of EBITDA losses & 40-50 percent peak margin, Adquey adds long-term value

#3 Monitor plant classification for Eugia-III & unit VII post inspection

#4 Revenue/EBITDA/PAT CAGR estimated at 9 percent/12 percent/17 percent over FY26–28E

Aurobindo Pharma was quoting at Rs 1,226.50, up Rs 4.50, or 0.37 percent.

It has touched an intraday high of Rs 1,239.60 and an intraday low of Rs 1,223.70.

It was trading with volumes of 14,151 shares, compared to its five day average of 258,273 shares, a decrease of -94.52 percent.

The Sensex was down 450.78 points or 0.55 percent at 81,797.83, and the Nifty was down 166.05 points or 0.65 percent at 25,330.50. About 1263 shares advanced, 1942 shares declined, and 169 shares unchanged.

Decorative laminates manufacturing company Manilam Industries India's initial share sale closed with 5.89 times subscription on February 24, the final day of bidding, as the demand was healthy from across categories of investors.

The company hit capital markets on February 20 to raise Rs 40 crore via public issue of 57.9 lakh shares, which comprised of fresh issue of 46.98 lakh shares, and an offer-for-sale of 10.92 lakh shares. The price band for the offer was Rs 65-69 per share.

The IPO of Gaudium IVF and Women Health was subscribed 6.93 times by 3:24 pm on the third and final day of bidding on Tuesday, led by sustained demand from retail and non-institutional investors. Participation from qualified institutional buyers picked up with today being the last day of the IPO, in line with the usual bidding pattern.

The initial public offering received bids for 10.14 crore shares against the total issue size of 1.46 crore shares.

The retail individual investors (RII) portion was subscribed 7.17 times, with bids for 5.24 crore shares against the 73.1 lakh shares reserved for the category. Of this, cut-off bids accounted for 4.43 crore shares, while price bids stood at 81.13 lakh shares.

The non-institutional investor (NII) segment saw strong traction, with the category subscribed 13.47 times overall. Within this, the small NII portion -- applications between Rs 2 lakh and Rs 10 lakh -- was subscribed 16.11 times, while the big NII segment, comprising bids above Rs 10 lakh, was subscribed 12.14 times.

#1 ARPU up 6 percent YoY, driven by quality subscriber additions

#2 Stable VIL revenue growth positive for Indus Towers

#3 Sector revenue seen growing at 15 percent CAGR to USD 44 billion over FY26–28, market share broadly stable

Bharti Airtel was quoting at Rs 1,905.60, down Rs 22.90, or 1.19 percent.

It has touched an intraday high of Rs 1,914.95 and an intraday low of Rs 1,890.20.

It was trading with volumes of 27,665 shares, compared to its five day average of 457,674 shares, a decrease of -93.96 percent.