Market News

A sharp 3.2% drop hit markets on Thursday. Pressure built as oil prices climbed. Add to that Fed-related concerns and ongoing FII selling. Financial stocks were the worst affected, and HDFC Bank continued to struggle.

Copper prices fell sharply to their lowest level since December, dropping 1.1% to $12,262 per tonne in Thursday trade. The metal has now declined over 8% this month, reversing gains seen earlier this year.

US wholesale inflation rose 3.4% in February, the highest in a year. This rise indicated persistent price pressure. Markets also slipped as investors reassessed rate cut expectations.

Cube Highways Trust plans ₹5,000 crore IPO via OFS. The trust, with an AUM of ₹36,520 crore, aims to expand to 31 projects spanning 9,811 lane km. Read ahead to know more.

RBI will conduct a ₹75,000 Cr. three-day variable rate repo auction on 20th March to infuse liquidity into the banking system amid tightening cash conditions.

The Reserve Bank of India has expanded its forward dollar sales sharply, with its net-short dollar position nearing $100 billion, up from $67.8 billion in January and close to the previous record of $88.8 billion.

Plastic product prices in India are expected to rise by 50–60% from April as polymer costs increase due to disruptions in West Asia. A ₹2 plastic bottle could go above ₹3. Read ahead to know more.

Powerica’s ₹1,100 crore IPO opens soon. Read more for the key details investors should know.

India’s chemical industry could reach $255 billion by 2030, led by domestic demand and new growth sectors. Firms focusing on innovation and exports may gain an edge over global competitors.

A parliamentary panel has flagged budget cuts, low fund use, and delays in India’s AI and semiconductor programmes. This has raised concerns over execution gaps and the country’s readiness in deep-tech sectors.

Tata Steel unveils a major restructuring and investment plan, but what does it mean for future growth? Read more.

In early March, LPG consumption in India reduced by 17.3% as global supply issues disrupted imports. The shortage is now being felt by homes, factories, and the country’s overall energy demand.