Market News

Singapore Exchange plans to launch bond futures linked to India and Southeast Asian markets, aiming to provide global investors with new hedging and trading tools tied to the region’s fast-growing fixed-income markets.

The NTPC green energy declared the commercial operation of 270 MW Khavda-II solar project located in Gujarat. After this addition the capacity of the company grew to 88,544 MW.

Indian investors continued allocating money to gold ETFs in February, recording ₹5,255 crore in net inflows despite softer gold prices. Assets under management rose to ₹1.83 lakh crore.

Real estate investment in the Asia Pacific region is expected to strengthen in 2026 as financing conditions improve. India remains one of the fastest-growing markets, with institutional inflows reaching a record $8.5 billion in 2025.

Indian stock markets ended sharply lower on 11 March as investors booked profits after the previous session’s gains. Weakness in banking and financial stocks, persistent FII selling, and global geopolitical tensions weighed on sentiment.

Dixon Technologies shares jumped about 7% after the government approved its joint venture with China’s HKC Overseas for display manufacturing. The partnership will focus on producing display modules used in smartphones, TVs, laptops, and automotive screens.

India recorded its highest-ever February electricity consumption at about 133 billion units, driven by warmer temperatures and rising industrial activity. Higher demand was also reflected in power market trading volumes, while electricity prices softened due to sufficient supply.

Aluminium prices rose sharply after concerns that tensions in the Middle East could disrupt global supply routes. Markets are now watching shipping through the Strait of Hormuz and production levels at major Gulf smelters.

Indian markets enter March 10 after Sensex fell 1,352 points to 77,566 and Nifty dropped 422 points to 24,028, with crude oil above $110 keeping investors cautious.

The government has invoked the Essential Commodities Act to preserve the supply of LPG for domestic households. Companies are directed to use propane and butane supplies to produce LPG.

The board of Indian Railway Finance Corporation approved a fund-raising plan of up to ₹70,000 crore for FY27 to support lending to Indian Railways, refinance liabilities, and fund growth initiatives.

PSU banks in India are struggling to recover nearly ₹29 lakh crore from large defaulters. The data comes even as the government says bank NPAs have fallen to a decade-low level.