Market News

Banks have reported a sharp decline of 40% in the MFI portfolio in Q3 FY2026. The portfolio share has fallen to ₹65,687 crore.

MakeMyTrip has brought RedBus India under its local subsidiary through an internal restructuring exercise while continuing to assess a possible India listing. The move places more of its core businesses within one local structure as the company sharpens its focus on India.

IDBI Bank shares fell sharply after reports that its stake sale may stall due to low bids. This raised concerns over delays in the divestment process.

SEBI eases SGF norms and allows intraday borrowing for mutual funds, but what does it mean for markets? Read more to find out.

CMPDI’s ₹1,842 crore IPO, an OFS of 10.71 crore shares, opens 20–24 March 2026 with a ₹163–₹172 price band and a lot size of 80 shares.

A cautious tone may prevail today as investors watch the Middle East situation and rising oil prices for fresh market cues.

The Reserve Bank of India may step up liquidity support through bond purchases or swaps to keep money market rates stable after its currency market interventions.

The Finance Ministry has restructured minimum public shareholding norms for IPOs to make it easier for large companies to list in India. The changes come in light to improve the IPO processes and attract bigger listings to the Indian markets.

Shares of InterGlobe Aviation (IndiGo) climbed after the airline introduced a fuel surcharge on domestic and international flights following a sharp rise in aviation fuel prices. The surcharge, effective 14 March, adds ₹425 on domestic routes and ₹900–₹2,300 on international sectors.

Coal India said it aims to ensure electricity is supplied at a “just price” despite the West Asia crisis raising imported coal costs. The company highlighted strong domestic coal availability and high stockpiles at mines and power plants to meet rising summer demand and maintain energy security.

Basmati rice exporter Amir Chand Jagdish Kumar will launch a ₹440 crore IPO on 24 March, with subscription closing 27 March and listing expected on 2 April.

PhonePe’s IPO will largely involve existing investors selling shares rather than fresh capital being raised. The company’s ESOP structure and positive cash flows may also influence investor interest ahead of the listing.