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Tata Power, Adani Total Gas, TTK Prestige and other top movers saw sharp gains and losses on Thursday as geopolitical tensions and seasonal demand influenced Indian markets.

Real estate company Assotech Realty will invest Rs 200 crore to develop a hotel in Shirdi, Maharashtra, and has tied up with hospitality chain Atmosphere Core for management.

Realty firm Aurum PropTech Ltd has sold two commercial buildings in Navi Mumbai for Rs 112 crore and will use funds to prepay debt and strengthen Artificial Intelligence (AI) capabilities.

Indian government bonds fell on ​Thursday, snapping a two-session rally, ​as an escalating Middle East war kept oil prices elevated, ​pressuring the rupee and dampening demand for bonds.

Despite the BSE Sensex falling 829 points to close at 76,034, four BSE 200 stocks—Aurobindo Pharma, Coal India, ABB India and NTPC—scaled fresh 52-week highs, signalling strong momentum and resilience amid broader market weakness.

Legendary investor Carl Icahn warns against two major pitfalls: rash decisions and complete inaction. He emphasizes that while hasty moves can be disastrous, prolonged hesitation allows opportunities to vanish. Successful leaders and individuals must find a balance, gathering sufficient information for thoughtful choices and then acting decisively.

The Indian rupee plunged to a record low as Middle East tensions fueled a surge in crude oil prices. This significant rise in energy costs is expected to prompt central bank intervention to stabilize the currency. Analysts warn of amplified rupee volatility and potential growth slowdown and inflation if oil prices remain elevated, overshadowing domestic economic data.

NSE has advanced its long-awaited IPO by finalising key intermediaries, including 20 merchant bankers, eight law firms, and advisory partners.

Tile makers are facing production disruptions as the Iran Israel crisis triggers gas shortages in Morbi, forcing several plant shutdowns. While stocks of Cera, Kajaria and Somany have fallen up to 26%, analysts say organised players with higher inventories may weather the disruption better and could raise tile prices.

Portfolio management strategies delivered mixed returns in February, with a few quantitative and multicap portfolios outperforming while several small cap strategies declined. Nirmal Bang Securities’ multi cap strategy led the performance chart with an 11.21% gain, followed by Purnartha Investment Advisers and Valcreate Investment Managers.