Latest Stock Market News

Sensex declined 0.7% in the week ending March 13, with seven penny stocks falling between 15-21%. These stocks had a market cap under Rs 1000 crore, share price below Rs 20, and high trading volume.

EBIT measures a company’s core profitability, excluding interest and taxes. It helps assess operational efficiency, compare businesses, and evaluate financial performance.

Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions.

The EV to MCAP ratio assesses a company s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash reserves, influencing investor perception and acquisition attractiveness.

Technology spending is now essential, with Indian IT firms poised for continued growth despite cyclic slowdowns. HDFC Technology Fund adopts a bottom-up approach, balancing industry leaders and disruptors. SaaS, AI, and fintech are expanding India s tech sector. While IT spending slowed post-pandemic, long-term growth remains intact. Quick commerce has potential profitability as competition stabilizes.

Nifty remains bearish, trading below key moving averages, with support at 22,000 and resistance at 22,800. Bank Nifty shows relative strength. ICICI Bank is resilient, while IndusInd Bank faces downside risks. MTNL surged on asset monetization news. Metals remain mixed, oil & gas under pressure. IT and consumer durables show long-term potential, with select mid-cap stocks attractive.

Warren Buffett advises investors to stay calm amid market volatility, quoting Kipling’s poem "If." With Nasdaq in correction and recession fears rising, he sees downturns as buying opportunities. Historical data supports patience, as bear markets average under 10 months. Buffett urges disciplined investing and long-term focus.

The IPO market gains momentum with four upcoming issues. Aris Infra Solutions mainboard IPO opens March 20-25, aiming to raise Rs 600 crore. Three SME IPOs—Pradeep Parivahan, Divine Hira Jewellers, and Grand Continental—launch next week. Two listings, PDP Shipping Projects and Super Iron Foundry, are also scheduled.

NSE chief Ashish Chauhan urges SMEs to list, calling stock markets a launchpad for billionaires. With 200 SME listings last year and 110 million investors, India’s capital market is growing. Stable domestic capital and shifting global dynamics make India a strong investment hub.

Small-cap equities, after strong 2023-24 gains, slipped into a bear market but now show recovery potential. Supportive macro fundamentals, easing fiscal and monetary policies, sectoral diversification, and valuation comfort improve prospects. Investors may consider diversified small-cap strategies within portfolios.