Market News

IRCON and RVNL shares surged after reports of a possible merger before the company issued a clarification. Read more to understand what triggered the rally.

SEBI has issued new guidelines for custodians. It includes segregation of regulated and unregulated services, enhanced governance committees, risk management, and clear client disclosures. Most rules take effect from 24 March 2026.

Although markets rebounded to some extent following bouts of volatility, sentiments are likely to remain fragile in today’s trading session. Much will depend on how the conflict in the Middle East shapes up.

Force Motors shares dropped up to 4% after SEBI sought additional information related to the company’s Q2 FY25 financial results disclosure.

Morgan Stanley has adopted a cautious stance on Asian equities and downgraded India to ‘Equal-Weight’. It cited risks to energy supplies and global supply chains amid tensions in the Strait of Hormuz.

Jio Platforms is preparing for a public listing in 2026 that could raise $4–4.5 billion and become India’s largest IPO. Analysts estimate a $180 billion valuation while investors monitor the public float, stake sales and listing timeline.

The United States has issued a 30-day waiver allowing Indian refiners to purchase Russian crude currently stranded at sea. The move comes amid West Asia tensions, prompting Indian state refiners to secure supplies while markets watch crude price trends.

Fractal Analytics shares climbed after reporting strong Q3 FY26 earnings. Read more to see what drove the growth.

Skyways Air Services will open its IPO on 18 March 2026. The issue includes a fresh issue and OFS, with proceeds aimed at debt reduction, working capital and corporate needs.

The DoT’s review of Vodafone Idea’s licence fee could reduce the payable amount by up to 65%. Following this news, the company’s shares jumped by around 1% on Friday.

BMW Industries partnered with Indian Oil to supply PNG to its ₹803-crore Bokaro steel complex. The 1.04-million-tonne capacity project strengthens cleaner energy use and supports the company’s transition into higher-margin value-added steel manufacturing.

Garden Reach Shipbuilders has signed an MoU with Bharat Forge’s arm, Kalyani Strategic Systems, to explore defence and maritime technologies and support indigenous naval systems.