Market News

Indian investors continued allocating money to gold ETFs in February, recording ₹5,255 crore in net inflows despite softer gold prices. Assets under management rose to ₹1.83 lakh crore.

Bajel Projects has signed a collaboration agreement with NIIF and AnantGrid to jointly pursue power transmission opportunities in India. The partnership aims to combine Bajel’s EPC capabilities with AnantGrid’s transmission platform and NIIF’s investment support to develop and implement large-scale transmission infrastructure projects.

The National Stock Exchange of India has directed brokers and sub-brokers to disclose and remit any excess Securities Transaction Tax (STT) collected from clients for FY24 and earlier years within seven days, with 1% monthly interest for any delay.

Mutual funds continued to attract inflows last month despite broader markets showing weaknesses. The inflows boosted the industry’s total assets which stood at ₹82.03 lakh crore at the end of Feb.

Novus Loyalty will launch its ₹60.15-crore IPO on 17 March with a price band of ₹139–₹146 per share. The loyalty solutions provider plans to use the funds for product upgrades, marketing expansion, and corporate purposes.

Debt mutual fund inflows fell sharply in February as treasury-related investments slowed. However, equity funds saw a moderate rise in inflows.

The Union Cabinet has approved amendments to the Insolvency and Bankruptcy Code to improve the debt resolution process. The changes include faster appeals and reduced deadlines for handling insolvency cases.

Real estate investment in the Asia Pacific region is expected to strengthen in 2026 as financing conditions improve. India remains one of the fastest-growing markets, with institutional inflows reaching a record $8.5 billion in 2025.

Singapore Exchange plans to launch bond futures linked to India and Southeast Asian markets, aiming to provide global investors with new hedging and trading tools tied to the region’s fast-growing fixed-income markets.

A $300 billion refinery project in Brownsville was revealed by Trump, tied to a partnership with Reliance. If completed, it could become the first large U.S. refinery built in nearly five decades.

The NTPC green energy declared the commercial operation of 270 MW Khavda-II solar project located in Gujarat. After this addition the capacity of the company grew to 88,544 MW.

Minda Corp and Turntide Technologies will jointly manufacture and supply electric vehicle powertrain components for India’s rapidly growing EV market. They are targeting an annual revenue of ₹75–100 Cr., starting from FY28.