Market News

HAL shares slipped as much as 4.72% intraday after reports of a Tejas runway incident reignited execution concerns. The weakness spread quickly. The Nifty India Defence index fell 1.09%, with investors locking in gains after a rally of nearly 50% over the past year.

Shree Ram Twistex shares listed at ₹68 on NSE and ₹70 on BSE, marking a sharp discount to the issue price. The ₹110 crore IPO was subscribed 43.66 times during 23-25 February. Strong bidding was led by non-institutional and retail investors.

Clean Max shares fell nearly 25% after listing at a discount to their IPO price. Muted retail participation and a 94% overall subscription weighed on investor sentiment in early trade.

₹590-crore fraud at IDFC First Bank’s Chandigarh branch involved unauthorised transactions in Haryana government accounts. Arrests followed, funds partly recovered, but shares crashed, wiping over ₹14,000 crore in market value.

Gold and silver prices are expected to rise further next week. Analysts point to global trade tensions, Middle East geopolitical risks, and safe-haven demand supporting bullion. Persistent market uncertainties are likely to keep investor interest in metals elevated.

UPL shares dropped to ₹677 after the company revealed its global crop protection business restructuring plan and Nuvama changed its stock rating to 'Hold' with an ₹816 target. The UPL Global entity will have approximately ₹190 billion in net debt after the restructuring process.

India and Brazil aim to double bilateral trade from $12 billion in 2024–25 to $30 billion by 2030, backed by mineral, defence and energy agreements.

India will start permanent magnet production by year-end, backed by a ₹7,280 crore scheme approved in 2025 to build 6,000 MTPA capacity. Four states have been picked for processing units, with 4,000+ critical mineral exploration activities underway.

India’s primary markets are preparing for a transformative 2026. A diverse pipeline ranging from quick-commerce disruptors to dairy majors is set to debut. Read ahead on the regulatory approvals clearing the path for institutional giants and tech platforms alike.

MCX shares might look expensive after doubling in a year, but the CME case study suggests there's still room for growth. With its new tech platform and a shift toward high-margin options, the exchange is evolving into a much more profitable business.

Brent crude has surged past $70 as geopolitical tensions add a fresh war premium to oil prices. Read more to understand what this means for global markets.

The Gaudium IVF IPO witnessed a significant surge on its bidding day 2. It achieved a total subscription of 3.03x. Read ahead about the strong retail and non-institutional investor participation and IPO day 3 expectations.