Market News

Indian IT stocks gained up to 3% as Accenture Plc posted better-than-expected earning results and raised its guidance, indicating strong demand. For more information, read ahead.

On 19 March 2026, OpenAI announced its plan to acquire Python tooling startup Astral to strengthen its coding platform Codex. The main objective is to compete more aggressively with Anthropic in the fast-growing AI coding tools market.

The Indian rupee weakened to a record low of 93.12 against the US dollar, driven by rising crude oil prices and sustained foreign investor outflows. At the same time, over $8 billion in FII outflows has added pressure on currency and markets.

SBI Funds Management has filed draft papers for its IPO, which will largely be an offer for sale. The issue will involve up to 20.37 crore equity shares being sold by the State Bank of India and Amundi.

Shares of JSW Steel saw a jump of over 3% in early trade. Over the past week, the shares of the company have been down by more than 3%.

SEBI may allow FPI netting, relax disqualification rules, and widen investment access after ₹71,746 crore outflows this month, read more.

The Central Bank of India is facing ₹1.44 lakh crore in loan defaults and has filed 4,903 recovery cases against large defaulters. The data highlights the scale of stress in PSU bank balance sheets and ongoing legal efforts to recover dues from corporate borrowers.

Sensex plunged 2,497 points and Nifty fell 776 points on 19 March 2026, as surging crude oil above $110, weak global markets, Fed caution and ₹2,714 crore FII selling triggered a broad-based sell-off.

After dropping by more than 3% on Thursday, the Indian stock market indices opened in the green on Friday. Top stocks that are in the news on 20 March 2026 include HDFC Bank, NTPC, Adani Ports, Wipro, SBI, Nestle and TCS.