Market News

Indian markets enter March 10 after Sensex fell 1,352 points to 77,566 and Nifty dropped 422 points to 24,028, with crude oil above $110 keeping investors cautious.

The board of Indian Railway Finance Corporation approved a fund-raising plan of up to ₹70,000 crore for FY27 to support lending to Indian Railways, refinance liabilities, and fund growth initiatives.

The Reserve Bank of India injected ₹50,000 crore into the banking system through open market operation (OMO) purchases of government securities to ensure durable liquidity.

Greenko Energies is considering an IPO that could raise up to $1 billion. The potential listing comes as renewable energy stocks face pressure following the weak market debut of sector peer Clean Max Enviro Solutions.

The Uttar Pradesh government has partnered with OneOTT Intertainment to expand broadband connectivity in rural areas under Project GANGA. The initiative aims to connect over 20 lakh households and create more than 1 lakh jobs across the state.

Aluminium prices rose sharply after concerns that tensions in the Middle East could disrupt global supply routes. Markets are now watching shipping through the Strait of Hormuz and production levels at major Gulf smelters.

PSU banks in India are struggling to recover nearly ₹29 lakh crore from large defaulters. The data comes even as the government says bank NPAs have fallen to a decade-low level.

Dixon Technologies shares jumped about 7% after the government approved its joint venture with China’s HKC Overseas for display manufacturing. The partnership will focus on producing display modules used in smartphones, TVs, laptops, and automotive screens.

General Motors has relaunched its ACDelco brand in India through a licensing deal with Assurance Intl. It will focus on batteries and lubricants to take advantage of the country’s fast-growing automotive aftermarket.

Oil prices fell on Tuesday after Donald Trump said the US-Israel war on Iran may end sooner. Markets also reacted to plans by G7 nations to ease supply pressure.

Government-owned IIFCL expects its loan book to exceed ₹1 Lakh Cr. by FY27 and aims to double its assets within three years.

Markets finished higher on Tuesday as global cues turned supportive. Auto and consumer stocks attracted buying interest, while IT stocks stayed weak. Mid- and small-cap stocks rose faster than the benchmarks.