Share Market News

Alkem Laboratories will invest up to ₹533 crore to set up a new manufacturing facility in Ujjain, after receiving a 30-acre land allotment in Madhya Pradesh. The greenfield project will be developed in phases to expand production capacity and support future growth.

Indian Bank and NaBFID are expected to raise ₹80 billion through bond issuances before March-end, adding to recent fundraising activity by public sector financial institutions.

India’s privatisation drive is facing delays as weak investor interest and pricing concerns stall key stake sales. The failed IDBI Bank deal has added to uncertainty, with the government now rethinking its approach to future divestments.

Sensex rose 633.29 points to 76,704.13, while Nifty gained 196.65 points to 23,777.80 on March 18, with markets expected to open firm amid global support.

India’s chemical industry could reach $255 billion by 2030, led by domestic demand and new growth sectors. Firms focusing on innovation and exports may gain an edge over global competitors.

The Centre has introduced new passenger rules for airlines, requiring 60% of seats on every flight to be offered without extra selection charges while also strengthening visibility around compensation during delays and cancellations.

Lock-in periods on pre-IPO shares worth about $69 billion across 87 listed companies are set to expire over the next three months, making large blocks of shares eligible for trading.

Manipal Hospitals is likely to file a DRHP with SEBI for an IPO worth over ₹9,000 crore, including a fresh issue and OFS, even as market sentiment remains cautious.

Powerica’s ₹1,100 crore IPO opens soon. Read more for the key details investors should know.

Tipco Engineering India is launching its ₹60.5 crore IPO from March 23–25, with a price band of ₹84–₹89 per share. The issue includes new issues and offers for sale, with proceeds intended for debt repayment, working capital, and business expansion.

ONGC has awarded a contract to CIPL to upgrade its IT infrastructure using AI, as part of a broader digital transformation push. The project aims to enhance operational efficiency, cybersecurity, and system reliability through AI-driven monitoring and automation.

Sensex rose 567.99 points to 76,070.84, while the Nifty gained 172.35 points to close at 23,581.15 on 17 March 2026; markets may open steady amid mixed global cues.