Rupee opens 3 paise higher at 92.39 against the dollar on improved risk sentiment
The RBI was seen aggressively selling the dollar on March 16 to avert another record low. The rupee dived to an intraday low of 92.48 but recovered to close at 92.42
Discovery Series: Can Azad Engineering fit into the global engine supply chain?
The company is capitalising on a rare alignment where GE, Rolls-Royce, and Siemens are all raising bets simultaneously
West Asia War fallout: Fertiliser supply crunch drives shift to alternatives, prices jump up to 20%
Import-related disruptions are affecting both the availability and pricing of several speciality fertilisers and packaging materials
Petrol, diesel prices on March 17: Check fuel rates in Delhi, Mumbai, Bengaluru as global oil markets remain volatile
Petrol and diesel prices remain largely unchanged across major cities despite ongoing volatility in global crude oil markets.
On life support: Gas crunch puts drug supply pulse at risk
Industry insiders indicate that boiler-dependent processes have been hit hard, raising concerns of declining output and possible medicine shortages in the coming weeks
Gold sales drop as households prioritise essentials amid Iran conflict: IBJA
There has been no increase in customer footfall despite gold and silver prices falling steadily to pre-war levels.
Iran conflict — A test for India’s BRICS diplomacy?
With Tehran seeking support and solidarity, New Delhi needs to balance competing geopolitical interests within an expanding BRICS
RBI’s dividend reset puts weak banks on notice
By tying payouts more tightly to capital buffers and bad loans, the central bank is quietly forcing banks to clean up their balance sheets before rewarding shareholders
Advance payment only: IOCL, BPCL, HPCL tighten payment rules as West Asia war rattles supplies
OMCs halt fuel credit to petrol pumps amid Hormuz disruption, forcing advance payments and raising concerns for demand and bulk buyers.
Chart of the Day: IT sector’s premium to Nifty 50 crumbles on AI concerns
The NSE IT index is trading at a similar valuation to Nifty 50 index compared to a 38 percent premium in FY25
OPINION | Supreme Court’s 9-judge constitutional bench will demarcate the boundary for labour rights
On March 17, a constitutional bench will begin hearing a reference related to the scope and correctness of a 1978 judgement. At its core is this question: what is the statutory meaning of “industry”? The answer will influence labour relations
Foxconn is moving beyond iPhones, and the next business is growing even faster
Foxconn expects AI server shipments to double in 2026 as cloud business overtakes consumer electronics, driven by strong AI demand.
Relief Rally in Global Markets 🌍 | Oil Cools, Hormuz Tensions | Nifty 23,500 in Focus | Opening Bell
Global markets show signs of a relief rally with Asian indices higher and Wall Street gains. Strait of Hormuz tensions ease as Donald Trump says helping nations will be announced soon. Brent crude trades near $102/bbl; Dow Jones up 387 pts, S&P 500 & Nasdaq +1%. GIFT Nifty points to a positive start in India. Also: Nvidia unveils chips for space mission at GTC 2026 AI Conference. Catch Surabhi Upadhyay with market experts on Opening Bell.
A $667 million goodbye? Warner Bros CEO set for massive payout in Warner-Paramount deal
Zaslav already made $113 million selling Warner Bros. shares earlier this month.
Crude nears $100 amid US-Iran tensions: How it could affect inflation, markets and your investment portfolio
Experts advise investors not to panic and instead maintain proper asset allocation as they believe the rupee may not weaken too sharply because the RBI may step in to control volatility in the currency market
First Tick: Top global cues to watch in today’s trade
On March 16, the Foreign Institutional Investors (FIIs) sold equities worth over Rs 9,365 crore, while Domestic Institutional Investors (DIIs) bought equities of Rs 12,593 crore.
Asian stocks follow Wall Street higher, oil gains
Brent crude, however, advanced to about $102 a barrel early Tuesday, rebounding from a 2.8% drop in its previous session.
What’s behind Nvidia’s new $1 trillion AI forecast? Jensen Huang lays out the next wave
Nvidia CEO Jensen Huang sees $1 trillion orders for Blackwell and Rubin chips by 2027; unveils new AI chips, racks and auto push.
Daily Voice: Deeper market drops improbable without ongoing global energy disruptions, says Anil Rego
If oil prices remain closer to current levels rather than sustaining above $100, the direct impact on March quarter earnings is likely to remain limited for most sectors, said Anil Rego of Right Horizons PMS.
Closing Bell: Day 2 of gains pushes Nifty above 23,550, Sensex up 568 pts led by auto, metal, realty
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
Trading Plan: Will Nifty 50, Bank Nifty extend gains for a second straight session as oil prices ease?
In case of a further uptrend, the Nifty 50 may face resistance at the 23,500–23,700 zone, followed by 24,000, but the move may look unsustainable due to a sell-on-rally approach. Meanwhile, support is placed at the 23,000–22,950 zone.
Trade Spotlight: How should you trade BSE, Linde India, NHPC, PB Fintech, Bajaj Finance, HDFC Bank, and others on March 17?
The market needs follow-up buying interest and a sustainable close above the previous week's high for stability. Below are some short-term trading ideas to consider.
Stocks to Watch Today: Tata Motors, Andhra Cements, Sun Pharma, GMDC, Axiscades, Power Mech, Zydus Lifesciences, Bajaj Electricals in focus on 17 March
Stocks to Watch, 17 March: Stocks like Reliance Industries, Tata Motors, Andhra Cements, Sun Pharmaceutical Industries, Rail Vikas Nigam, Gujarat Mineral Development Corporation, Axiscades Technologies, Power Mech Projects, Redington, and Zydus Lifesciences will be in focus on March 17.
Union minister Hardeep Puri's daughter moves Delhi HC over allegations of links with Epstein
The lawsuit by Himayani Puri is likely to be heard in the high court this week
Trade setup for March 17: Top 15 things to know before the opening bell amid oil prices volatility
Sustainability of uptrend will be the key going forward. Overall, the structure is still in favour of bears, and the focus remains on oil prices, with traders monitoring developments related to the Strait of Hormuz amid ongoing geopolitical tensions between the US and Iran.
