Market News

HCLTech has expanded its partnership with Google Cloud to develop agentic AI solutions for enterprises. The collaboration will combine Gemini-based tools, cloud transformation work, and sector-specific deployments across business operations.

SBI Fund Management Pvt. Ltd, the asset management arm of State Bank of India, is preparing to file a DRHP for its proposed IPO by the end of March. The issue, expected to be around ₹13,000 crore, will be entirely an offer for sale by existing shareholders, including SBI and Amundi.

The crisis in the Persian Gulf is causing LPG supply disruptions in India, which is making induction cookers and electric cooking solutions a popular alternative. This has led to a rise in the shares of Hawkins, Borosil and other kitchen appliance makers.

SEBI has introduced the NISM Series-XXV-A certification exam for PARS sales and non-core staff, replacing the earlier Series-XV research analyst exam.

Adani Total Gas shares hit the upper circuit after the government prioritised gas allocation to key sectors, including households and transport. The move comes amid supply disruptions linked to geopolitical tensions in the Middle East.

Laptop prices may rise by up to 35% as memory and GPU components become more expensive. As a result, the global PC market is expected to shrink by about 7%-8% this year.

The US has launched a Section 301 investigation covering India and around 15 economies, examining trade practices and global manufacturing overcapacity.

State-run GAIL has purchased a LNG cargo from Oman to secure supplies after disruptions in Middle East shipments. The cargo, bought from a European trader at about $17–$20 per mmBtu, is expected to arrive around 15 March, helping India meet gas demand amid supply uncertainties.

Markets are likely to start to remain tentative today. Crude prices are likely to be closely monitored. Any spike can dent investors’ confidence, which could drag down indices.

RailTel Corporation of India has secured a ₹115 crore order from Power Grid Corporation for service-related work, with the project scheduled for completion by September 2034.

KEC International has recently secured a new order worth ₹1,476 crore across geographies, which includes Saudi Arabia, India, Africa and America. This has increased the order value of the company to around ₹22,800 crore.

SEBI is exploring a “lodge and launch” framework to speed up approvals for Alternative Investment Fund (AIF) schemes. The model improves the ease of doing business and accelerates the mobilisation of private capital in India’s rapidly growing AIF industry.