Latest Stock Market News

Manappuram Finance is in focus after RBI approved Bain Capital’s Rs 4,385 crore investment, marking the final clearance for the deal. Bain may acquire up to 41.66% stake and joint control. Despite recent stock weakness, the company reported steady revenue growth in Q3, though profit declined year-on-year.

NSE BSE Holiday Today: Even as the country celebrates Gudi Padwa today, there will be no market holiday and stock exchanges BSE and the NSE will open for trading at the usual time.

Microsoft is considering legal action ​against its partner OpenAI and ​Amazon over a $50 billion deal that could violate its ​exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday.

Cryptocurrency exchange ​Kraken ​has put its multibillion-dollar ​initial public offering plan on hold, CoinDesk reported on ‌Wednesday, ⁠citing ⁠two people with knowledge ​of the matter

Central Mine Planning and Design Institute (CMPDIL) has raised Rs 470 crore from anchor investors, including LIC and several mutual funds, ahead of its Rs 1,842-crore IPO. The initial share sale, an offer for sale by Coal India, opens for public subscription on March 20 with a price band of Rs 163-Rs 172 per share.

Investors await Powell’s signals as the Federal Reserve weighs rates steady amid US-Israeli strikes on Iran, balancing persistent inflation against slowing growth risks, with new projections and policy language expected to reflect geopolitical uncertainty, labor market shifts, and rate cuts.

Ace investor Ashish Kacholia exited BEW Engineering entirely through a bulk deal, amid prolonged stock underperformance and declining prices, raising concerns about the company’s near-term outlook despite its niche presence in pharmaceutical equipment manufacturing and past listing gains.

Nifty rose sharply for a third session, driven by auto, IT and consumer stocks. Technical indicators signal bullish momentum, with analysts projecting upside towards 24,250 and support at 23,500, alongside breakout patterns strengthening sentiment.

Stanley Druckenmiller champions capital preservation as the cornerstone of successful investing, combined with bold bets on high-conviction opportunities. His strategy of minimising losses, staying patient, and concentrating on “home run” trades highlights how disciplined risk management and selective aggression can drive superior long-term investment returns.

For more such web stories click on the ET icon below