Latest Stock Market News

In terms of inclusion, Indian Hotels is expected to witness the largest inflow at $108 million, followed by Britannia with $85 million, BPCL at $80 million, and CG Power at $60 million.

Indian markets ended their 7-day winning streak, with the BSE Sensex falling over 700 points and Nifty50 closing below 23,500. Sectorally, capital goods saw buying, while utilities, realty, healthcare, and oil & gas faced selling pressure.

Capital markets regulator Sebi on Wednesday imposed penalties totalling Rs 40 lakh on eight entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE.

Capri Global Capital and Tourism Finance Corporation of India (TFCIL) soared with a 20% upper circuit on Wednesday despite the overall market decline. Capri Global reported an 88% annual profit growth, while TFCIL is trading above its 50-day and 200-day SMAs, indicating strong performance.

BSE Ltd will hold a board meeting on March 30 to decide on issuing bonus shares, a potential second issuance in three years. The trading window will be closed from March 26 to April 1 and for 48 hours post-financial results. BSE shares have shown mixed performance in recent periods.

Singularity AMC s second PE fund, Singularity Growth Opportunities Fund II, is oversubscribed at Rs 1800 crore, exceeding its initial target. Since its launch, the fund has invested in eight high-growth companies across sectors like energy transition, healthcare, and consumer.

Gold prices increased by Rs 235 to Rs 90,685 per 10 grams on Wednesday. Firm global trends and retailer buying after recent losses influenced this recovery. Silver prices also rose by Rs 1,500 to Rs 1,01,500 per kg. Market participants are watching key macroeconomic data and developments in the Russia-Ukraine situation for further insights.

Green Portfolio has launched an Alternative Investment Fund targeting Rs 300 crore, with over 50 per cent commitments already secured. The category III fund will invest primarily in listed equities and offer pre-IPO, private market opportunities. Co-Founder Divam Sharma aims to scale AIF assets to Rs 1,000 crore, highlighting the industry’s expansion as investors seek structured opportunities.

India s Reliance Industries, operating the largest refining complex globally, will stop importing Venezuelan oil due to a new 25% U.S. tariff on countries purchasing crude from Venezuela. Reliance, which imports about 2 million barrels monthly, might still receive an April cargo. The tariff threat has already slowed Venezuelan heavy crude loading at main ports.

Kotak Alternate Asset Managers has invested Rs 1,050 crore in Tirupati Medicare to support its expansion and provide a complete exit for Affirma Capital. Tirupati, a leading player in the nutraceutical contract manufacturing space, is set for significant domestic growth and plans to enter the export market. The focus is on innovation, excellence, and executing inorganic growth opportunities.