Market News

India’s wholesale inflation climbed to 2.13% in February, the highest level seen in 11 months. A big reason is the rise in prices of manufactured goods and primary commodities. Global oil prices are also creeping up, and tensions in West Asia are starting to influence how people see inflation in the months ahead.

It was a choppy session for Indian markets. By the closing bell though, the benchmark indices managed to climb back and finish higher. The broader market didn’t share the same strength. Bullion prices, meanwhile, slipped in domestic commodity trading.

India’s gems and jewellery exports saw a 3.86% rise year-on-year, reaching $2.68 billion in February 2026, helped by better demand in key global markets despite swings in precious metal prices.

Max Financial Services’ board has approved raising up to ₹2,000 crore through a Qualified Institutional Placement (QIP). The funds will primarily support Axis Max Life Insurance’s growth and expansion.

Innovision IPO lowers its price band to ₹494–₹519, extends the closing date to 17 March, and sees 32% subscription by Day 3 of bidding.

HFCL has secured a $1.1 billion five-year optical fibre cable supply contract with an undisclosed global customer. The deal adds a major long-term order to the company’s export business as investors watch execution and stock movement.

Markets are expected to remain volatile, and traders are likely to monitor crude prices in today’s session closely. They may not show aggressive positions given the situation in the Middle East.

IT stocks are headed for an eighth straight weekly loss, erasing ₹7.7 lakh crore in value amid heavy foreign selling and AI disruption fears, even as some domestic funds see buying opportunities.

SEBI has proposed changes to simplify the process of transferring securities to legal heirs after an investor’s death. The regulator also suggested higher limits for simplified documentation and faster claim processing.

NABARD has withdrawn its seven-year bond issuance plan amid rising concern over higher-than-expected yields.

India is planning a $11 billion fund to support domestic semiconductor manufacturing and chip design. The initiative aims to strengthen the local chip ecosystem and reduce dependence on imports..