Share Market News

SEBI eases SGF norms and allows intraday borrowing for mutual funds, but what does it mean for markets? Read more to find out.

IDBI Bank shares fell sharply after reports that its stake sale may stall due to low bids. This raised concerns over delays in the divestment process.

MakeMyTrip has brought RedBus India under its local subsidiary through an internal restructuring exercise while continuing to assess a possible India listing. The move places more of its core businesses within one local structure as the company sharpens its focus on India.

Ola Electric is looking to raise ₹2,000 crore by selling a stake in its battery unit, Ola Cell Technologies, to strengthen local lithium-ion cell production and streamline its operations.

Tuesday, 17 March, brought another positive close for Indian equities, with gains holding despite mixed cues from commodities and overseas markets.

Union Bank of India has approved a plan to raise up to ₹20,000 crore via long-term bonds to fund infrastructure and affordable housing. The bank may initially raise around ₹7,500 crore before March 2026, including a base issue and greenshoe option, as part of its broader capital strategy.

Banks have reported a sharp decline of 40% in the MFI portfolio in Q3 FY2026. The portfolio share has fallen to ₹65,687 crore.

Reliance Industries has signed a $3 billion, 15-year agreement with Samsung C&T to supply green ammonia, with deliveries set to begin in FY29. The deal supports the company’s clean energy expansion and offers long-term demand visibility as it builds capacity in hydrogen and related segments.

SEBI has allowed mutual funds to take intra-day borrowings from banks and other financial institutions to handle temporary cash gaps caused by redemption payouts and delayed inflows. The new rule will take effect from 1 April 2026

The Reserve Bank of India may step up liquidity support through bond purchases or swaps to keep money market rates stable after its currency market interventions.

Several startups that listed on the stock market in 2025 are now trading below their issue price, as market volatility, high IPO valuations and closer scrutiny of company results weigh on investor sentiment.

VA Tech Wabag won a ₹1,000-crore-plus contract for a Chennai water grid, boosting its order book to above ₹16,300 crore and drawing investor attention to urban water infrastructure.