Market News

On 23rd March, GIFT Nifty signals a weak start, with HDFC Bank, Tata Steel, and Vedanta in focus amid global tensions, leadership changes, and key developments. Read more for detailed stock triggers.

Gold prices dropped sharply, hitting a four-month low as rising oil prices and global tensions pushed inflation concerns higher and reduced expectations of rate cuts. The stronger US dollar and rising bond yields added pressure, dragging silver and other precious metals lower.

Foreign investors pulled out over ₹88,000 crore from Indian equities in March 2026. This pushed total outflows past ₹1 Lakh Cr. at a time of global uncertainty, rising oil prices and reducing investor sentiment.

India's primary market is set to get high volume tradings activity as the 7 new IPO's is about to hit the market. These IPOs include: Amir Chand Jagdish Kumar IPO, Powerica IPO and Sai Parenteral's IPO.

The rupee trades at ₹93.84 against the US dollar on 23 March 2026, slipping further in early trade. The currency has been facing pressure over the past few sessions, with oil prices staying high, foreign flows remaining weak, and the dollar holding firm.

Brent holds above $110 and WTI near $98-$100 as US-Iran tensions keep supply risks high. Read more to understand what’s driving oil markets.

The government may use the OFS route to increase public shareholding in IDBI Bank after its stake sale plan failed. A higher public float could improve valuation and pave the way for a future disinvestment attempt.

Rising oil prices due to Iran tensions are pushing investors to park money in money market funds, thus taking their assets to record levels of nearly $8 trillion.

Markets fell on 23 March 2026, with selling seen across sectors and broader indices also under pressure. Oil prices moved higher during the day. The rupee stayed weak, and that kept sentiment on the negative side.

SoftBank plans a $500B, 10GW AI campus in Ohio, potentially the world’s largest, signalling a shift toward energy-heavy AI infrastructure. Read more here.

Godrej Properties and Lodha Developers have acquired over 25 land parcels in FY26, building a housing pipeline worth over ₹1 lakh crore. The expansion is driven by strong demand, especially in premium housing.

Indian bond yields moved higher on Monday as rising crude oil prices and firm US Treasury yields weakened sentiment. The benchmark 10-year yield climbed sharply, while the rupee hit a record low against the dollar. Heavy bond supply and uncertainty around RBI support added to the pressure.