Latest Stock Market News

Gold prices hovered near a historic peak, driven by U.S. President Trump s tariff plans and attention on an upcoming U.S. inflation report. The Federal Reserve s interest rate trajectory is in focus as markets await the Personal Consumption Expenditures (PCE) index for further insights.

The euro strengthened after Germany s Friedrich Merz won the national election, but faces long coalition talks. The dollar fell due to concerns over U.S. economic growth and upcoming data releases. Thin trading and falling U.S. Treasury yields also impacted the dollar, as the market awaits data that could influence the economic outlook.

The Sensex dropped by nearly 425 points due to significant selling in various sectors including auto, pharma, and banking shares. NHPC, ITI, and JSW Energy showed varied performances with potential trading opportunities. Investors are advised to wait for key resistance breakouts and monitor price actions closely for favorable setups.

Nukleus Office Solutions opens its SME IPO aiming to raise Rs 32 crore through the issue of 13.54 lakh shares at a price of Rs 234 per share. The company plans to use the proceeds for capital expenditure and expansion of its co-working and managed office spaces in the Delhi NCR region.

Oil prices dropped this Monday, influenced by the potential resumption of exports from Kurdistan s oilfields and anticipation of Russia-Ukraine peace talks. Brent crude fell to $74.23 per barrel, and U.S. West Texas Intermediate decreased to $70.12. Iraq plans to export 185,000 barrels daily via the Iraq-Turkey pipeline. Ongoing sanctions on Russian oil also affected supply flows.

Tejas Cargo will debut on the BSE SME platform but shows no grey market activity, signaling a modest listing. The company raised Rs 106 crore from its IPO, which will fund fleet expansion and debt repayment. Tejas Cargo is a key player in India s long-haul road transportation sector.

Vedanta shares will be attention-grabbing after securing the highest bid for Madhya Pradesh s Kauhari Diamond Block, spanning 643.42 hectares. Vedanta s Q3 consolidated net profit surged 76% YoY to Rs 3547 crore, with a 10% rise in revenue. Analysts recommend buying with a target price of Rs 513, indicating a 17% upside from current levels.

And in a sign of the times, even investors focused on environmental, social and governance (ESG) metrics are now softening once strict exclusion policies to make room for defence assets.

Shares of Swiggy, Hyundai, Bajaj Housing Finance, Zomato, Jio Financial will be in focus as the companies made it to exclusive Nifty and Nifty50 indices as part of the latest reshuffle.

The uncertainty comes as European Union leaders are set to hold an extraordinary summit on March 6 to discuss additional support for Ukraine and how to pay for European defence needs.