Market News

Markets may continue to experience volatility with geopolitical tensions likely to come down anytime soon. A cautious start is likely on the cards.

MRF Ltd has signed a MoU with the Tamil Nadu government to invest ₹5,300 Cr. over 12 years in a greenfield tyre manufacturing plant at SIPCOT Industrial Park in Sivaganga, expected to generate around 1,000 jobs.

The RBI will hold a ₹20,000 crore switch auction of government securities on 9 March. This will be the fourth such auction since February.

Strong loan demand pushed the banking system’s credit-deposit ratio to a record 82.5%. Banks raised ₹1.34 lakh crore through certificates of deposit to bridge the gap between credit growth and deposits.

OpenAI rolled out GPT-5.3 Instant to make ChatGPT respond faster and feel simpler to use. The release lands as criticism over its Pentagon ties grows, while 900 million people use it weekly and 1.5 million sign boycott pledges.

Flipkart has begun early discussions with investment banks for a potential India IPO. The move follows its Singapore-to-India domicile shift and leadership changes, while CEO Kalyan Krishnamurthy says the company is focused on long-term readiness before going public.

The Defence Ministry signed contracts worth ₹5,083 crore for advanced helicopters and surface-to-air missile systems. This is strengthening India’s aerial and air-defence capabilities with modern platforms to address evolving security needs.

India’s white-collar hiring rose 12% YoY in February 2026, with the Naukri JobSpeak Index at 3,233. AI/ML roles surged by 49%, IT roles grew by 6%, and overall Indian MNC hiring jumped by 24%.

The recent escalation in the Israel-Iran conflict has pushed investors to buy safe-haven commodities like gold and silver. Markets are debating whether continued tensions could lift silver above its $121 record and gold past its $5,595 high. But a lot of that depends on how long the conflict lasts, what happens in oil markets, and how much investors will avoid other assets.

Navin Fluorine is making its growth prospects stronger by adding more capacity, launching new products, and forming strategic alliances. Recent commissioning of facilities and refrigerant capacity additions are supporting scale-up and improved utilisation and demand across segments.

Markets are likely to see another bout of volatility with the widening conflict in the Middle East. Oil and energy sector stocks are likely to remain under strain in today’s trading session.

NHAI-backed Raajmarg Infra Investment Trust plans to raise up to ₹6,000 crore at ₹99–₹100 per unit, backed by over 260 km of toll roads.