Share Market News

AC prices in India may rise 5%–15% ahead of summer due to an increase in copper price, weakening of the rupee, and new energy-efficiency norms. However, demand is still expected to increase in 2026.

Innovision’s ₹323 crore IPO opens on 10 March with a price band of ₹521–₹548 per share, with a listing expected on 17 March.

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.

GAIL said LNG supplies from Qatar via Petronet LNG have dropped to zero due to disruptions linked to the Iran conflict and restrictions on tanker movement through the Strait of Hormuz.

Tata Consultancy Services (TCS) is in advanced discussions with multiple global tech companies to build more AI data centres in India, expanding its push into AI infrastructure.

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.