10/03/26, intraday news

Indian equity benchmarks opened higher on Tuesday, with the Sensex rising more than 480 points and the Nifty climbing above 24,150, tracking a rebound in global equities. The crude oil prices retreated from multi-year highs on hopes that the Middle East conflict may ease. At 09:17 am, the Sensex was up 483 points or 0.6 percent at 78,049, while the Nifty gained 139 points to 24,168. Market breadth was firmly positive, with 1,985 shares advancing against 423 declines.

The gains came after a sharp sell-off in the previous session. On Monday, the Sensex had closed down 1,352.74 points at 77,566.16, while the Nifty fell 422.4 points to 24,028.05, after both indices had plunged more than 3 percent intraday amid the spike in crude oil prices.

Global cues improved overnight after US President Donald Trump indicated that the US-Israel conflict with Iran could be nearing an end, which helped ease fears of prolonged disruption to global energy supplies.

Wall Street staged a late-session rebound on Monday. The Dow Jones Industrial Average rose 239 points, the S&P 500 gained 0.83 percent, and the Nasdaq Composite advanced 1.38 percent as crude oil prices pulled back from their earlier surge.

Asian markets also traded higher on Tuesday after Monday's sharp sell-off, supported by the decline in crude prices and improving risk sentiment.

Oil prices slipped in early trade after hitting their highest levels in more than three years in the previous session, easing concerns about an inflation shock that had rattled markets globally.

Among Nifty stocks, InterGlobe Aviation surged about 3.4 percent, emerging as the top gainer on the index. Asian Paints rose nearly 2.8 percent, while UltraTech Cement gained around 2.6 percent. Other gainers included Shriram Finance, Larsen & Toubro, Adani Ports, and Tata Steel, which advanced between 1.7 percent and 2.2 percent in early trade.

On the downside, energy stocks faced some pressure as crude prices eased. ONGC declined about 1.3 percent, while Coal India and Cipla also traded slightly lower.

Sectorally, most indices traded in positive territory. The Nifty Consumer Durables index rose about 2 percent, while the Nifty Auto index gained around 1.6 percent and the Nifty Metal index advanced about 1.1 percent. Banking stocks also saw some recovery after Monday's sharp fall. The Nifty Bank index climbed around 1 percent, while the Nifty PSU Bank index rose roughly 1.3 percent.

Market volatility eased as risk sentiment improved, with the India VIX falling over 11 percent to 20.67.

Analysts said the market may attempt a short-term rebound after entering oversold territory following the recent correction. Ponmudi R, CEO of Enrich Money, said easing geopolitical tensions and falling crude prices have helped restore some risk appetite, though markets are likely to remain volatile.

“Indian equity markets are expected to open on a mildly positive note as improving global cues and a pullback in crude oil prices support sentiment,” he said, adding that the broader market direction will continue to depend on geopolitical developments, crude oil trends and global risk sentiment.

Technical analysts said the Nifty is currently hovering around the crucial 24,000 zone, with 24,300 acting as immediate resistance, while 23,700-23,600 remains an important support band in the near term.

Report by Shaleen Agrawal of Network18

Disclaimer: The views and investment tips expressed by investment experts  are their own and not those of us. . We advises investors to check with certified experts before taking any investment decisions.

10/03/26, Stocks to buy for the short term:

The Indian stock market remained under strong pressure for the second consecutive session on Monday, March 9, with the benchmark Sensex crashing 1,353 points, or 1.71%, to end at 77,566, and the NSE counterpart Nifty 50 declining 422 points, or 1.73%, to close at 24,028.

Both indices lost 3% over two consecutive sessions amid escalating US-Iran tensions, rising crude oil prices, the rupee's fall to record lows, and heavy selling by foreign institutional investors (FIIs).

Technically, the Nifty 50 is now near 24,000, getting closer to its key support at 23,850. Experts fear a break of this level may push the index to 23,700 or even lower.

As market sentiment is weak, experts recommend maintaining extreme prudence in picking stocks.

Vishnu Kant Upadhyay of Master Capital Services and Hitesh Tailor of Choice Broking recommend the following six stocks to buy for the next 1-2 weeks, highlighting their favourable technical setup. Take a look:

Stock picks for the short term

Expert: Vishnu Kant Upadhyay, AVP Research Advisory, Master Capital Services Ltd.

Larsen & Toubro (L&T) | Previous close: ₹3,842.10 | Target prices: ₹4,100 and ₹4,200 | Stop loss: ₹3,700

Upadhyay underscored that Larsen & Toubro shares have staged a strong rebound from the vicinity of their previous horizontal support zone, indicating renewed buying interest at lower levels.

Notably, this support area also coincides with the 50-week EMA, reinforcing the technical significance of the level.

The broader chart structure remains constructive, with the stock continuing to maintain a higher-high, higher-low formation.

"The confluence of key support and improving price structure suggests strengthening bullish momentum and potential for further upside in the near term," said Upadhyay.

Aurobindo Pharma | Previous close: ₹1,247.30 | Target prices: ₹1,350 and ₹1,400 | Stop loss: ₹1,180

According to Upadhyay, Aurobindo Pharma shares have delivered a bullish breakout from a symmetrical triangle pattern, supported by a notable surge in volumes, indicating strong buying participation.

The stock is trading comfortably above its key moving averages, reinforcing the positive trend structure.

Momentum indicators also support the move, with RSI holding around the 60 mark, suggesting improving strength without being overbought.

"The confluence of pattern breakout, volume expansion, and strong momentum points toward a constructive near-term outlook," said Upadhyay.

Balrampur Chini Mills | Previous close: ₹492.60 | Target prices: ₹530 and ₹540 | Stop loss: ₹468

Upadhyay said Balrampur Chini Mills shares have confirmed a bullish reversal after forming a base near recent lows.

The stock has reclaimed all its key EMAs, signalling improving trend strength and a shift in short-term momentum.

The reversal is further supported by a bullish RSI divergence, indicating strengthening underlying momentum.

Additionally, the recent breakout was accompanied by a significant surge in volumes, reinforcing the credibility of the move.

"The improving chart structure and strengthening momentum suggest potential for continued upside in the near term," said Upadhyay.

Expert: Hitesh Tailor, Technical Research Analyst, Choice Broking

Natco Pharma | Previous close: ₹1,002.70 | Target price: ₹1,080 | Stop loss: ₹950

According to Tailor, Natco Pharma shares have recently delivered a breakout from a symmetrical triangle pattern, indicating a potential continuation of the uptrend.

The stock has also witnessed a bullish moving average crossover and is sustaining above key EMAs, reflecting a strong technical structure.

This breakout is supported by healthy volumes, strengthening the reliability of the move.

Additionally, RSI is trending higher and currently stands at 67.28, signalling improving momentum.

"As the stock continues to sustain above the breakout zone, the overall bias remains positive. Short-term traders may consider buying at the current market price with a stop loss at ₹950 for a potential target of ₹1,080, while maintaining disciplined risk management," said Tailor.

NTPC | Previous close: ₹376.25 | Target price: ₹405 | Stop loss: ₹360

Tailor highlighted that NTPC shares have recently delivered a wider range horizontal breakout and are sustaining above the breakout zone with support from rising moving averages, indicating a strengthening price structure.

The stock has also witnessed a bullish moving average crossover, reinforcing the continuation of the uptrend.

Momentum indicators remain supportive, with RSI at 58.56 and trending higher, reflecting improving strength.

"Given the positive technical setup, short-term traders may consider buying at the current market price with a stop loss at ₹360 for a potential target of ₹405, while maintaining appropriate risk management," said Tailor.

TVS Motor Company | Previous close: ₹3,627.80 | Target price: ₹3,950 | Stop loss: ₹3,450

According to Tailor, TVS Motor Company shares continue to maintain a well-defined rising trend, forming a higher-high higher-low structure on the daily chart.

The stock remains comfortably above its key 200-day EMA and is currently hovering near the 100-day support zone, indicating steady accumulation at lower levels and sustained buying interest during minor pullbacks.

Technically, the recent retracement toward the 0.786 Fibonacci level followed by a sharp rejection highlights strong underlying support and reinforces the prevailing uptrend, Tailor noted.

"Based on the current structure, short-term traders may consider buying at the current market price with a stop loss at ₹3,450 for a target of ₹3,950, while maintaining disciplined risk management," said Tailor.

source:Mint

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not of us.  We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

10/03/26, Stock market crash:

 

 The latest market mayhem, propelled by the West Asia crisis, has made equity investors poorer by ₹22.40 lakh crore.

Since the beginning of the conflict involving the US, Israel, and Iran, which has rattled stock markets, the S&P BSE SENSEX has crashed 4.6%.

The NSE's NIFTY50 index has also nosedived 4.6% during the period.

The US and Israel launched military strikes on Iran on February 28, killing Ayatollah Ali Khamenei, Iran's supreme leader.

Following the military offensive, Iran has carried out a wave of attacks mainly targeting Israeli and American military bases in several Gulf countries, including the UAE, Bahrain, Kuwait, Jordan, and Saudi Arabia.

The escalation in geopolitical risks pushed crude oil prices up to around the $120 per barrel mark and drove the Indian rupee to a record low against the US dollar, amplifying concerns around inflation and external balances.

Since February 27, the 30-share BSE SENSEX has tanked 3,721.03 points or 4.57%.

The market capitalisation of BSE-listed companies dropped sharply by ₹22,40,408.82 crore to ₹4,41,10,262.45 crore (USD 4.78 trillion) during this time.

On Monday, Indian equity markets ended the session sharply lower after opening with a steep gap-down of nearly 3%, as weak global cues and the deepening conflict in the Middle East weighed heavily on investor sentiment.

The S&P BSE SENSEX tanked 1,352.74 points, or 1.71%, to settle at 77,566.16, registering its second day of decline. During the day, the benchmark crashed 2,494.35 points, or 3.16%, to 76,424.55.

The top losing sectoral indices on the BSE were Auto (down by 3.89%), Bankex (down by 3.16%), Oil & Gas (down by 3.11%), PSU (down by 2.95%) and Basic Materials (down by 2.77%), while there were no gainers on the sectoral front.

The NIFTY50 ended at 24028, down by 422.40 points, or 1.73%, after trading in a range of 23,697 and 24,078. Eight stocks advanced against 42 stocks declining on the index.

The top gainers on NIFTY50 were Wipro, up by 1.59%; Reliance Industries, up by 1.37%; Apollo Hospital, up by 0.86%; Infosys, up by 0.57%; and HCL Technologies, up by 0.41%.

On the flip side, Tata Motors Passenger Vehicles, down by 5.29%; Ultratech Cement, down by 5.08%; Maruti Suzuki, down by 4.67%; Eicher Motors, down by 4.53%; and Mahindra & Mahindra, down by 4.35%, were the top losers.

Report by Upstox 

source:Dailyhunt

09/03/26, Can earthquakes really be predicted?

According to the United States Geological Survey (USGS), predicting earthquakes with precise timing is currently impossible.

The USGS states that neither it nor any other scientific institution has successfully predicted a major earthquake. Scientists are only able to estimate the probability of earthquakes occurring in certain regions over long periods, based on historical data and geological studies.

Researchers rely on hazard mapping and statistical models to assess seismic risk, but exact predictions about when and where a major earthquake will occur are not possible with current scientific knowledge.

09/03/26, Shares of Cupid Ltd., the country's leading condom maker, rose nearly 13%, in a subdued session for equities, to hit an intraday high of ₹92.90 on the National Stock Exchange (NSE) on Monday, March 9. On the BSE, Cupid shares surged as much as 15%.

The stock came under buying interest after it started trading ex-bonus on stock exchanges.

The stock started trading ex-bonus in ratio of 4:1 which means that the existing shareholders will receive four bonus shares for every one share held on the record date.

"We wish to inform you that the deemed date of allotment would be next working day i.e. Tuesday, March 10, 2026, for allotment of 1 07,57,28,560 fully paid-up Bonus Equity Shares of Re. 1/- each in the proportion of 4:1 i.e. 4 (four) new fully paid-up equity shares of Re. 1/- (Rupee One only) for every 1 (One) existing fully paid-up equity share of Re, 1/- (Rupee One only) to the eligible shareholders as on the record date," Cupid said in a regulatory filing last week.

Companies issue bonus shares to reward existing shareholders by giving them additional shares for free, based on the number they already own, analysts said.

Meanwhile, Cupid in a sperate filing informed exchanges that Smeeta Bhatkal, its independent director, tendered resignation with effect from the closure of business hours on March 2, 2026 citing full time professional commitments.

She shall also cease to be a member of the Audit Committee of the company.

Cupid shares were witnessing heavier than usual trading activity as trading volume on the counter spike by 11 times 4.97 crore shares on the NSE compared with an average trading volume of 43.64 lakh shares.

On the BSE as many as 61.12 lakh Cupid shares changed hands compared with an average of 2.36 lakh shares traded daily in the past two weeks.

As of 1:03 pm, Cupid shares traded 14% higher at ₹91, outperforming the NIFTY50 index which was down 2.3%.

source: Upstox

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from us.  Please consult with a financial advisor before making any investment decisions.

09/03/26, PostMarket REPORT

 Indian stock markets traded lower on Monday, March 9, tracking a global sell-off driven by soaring oil prices, escalating geopolitical tensions in the Middle East, and a sharp decline in the rupee.

The BSE Sensex, after hitting an intraday low of 76,424.55, ended the session at 77,566.16, down 1352.74 points or 1.71 per cent. The NSE Nifty50 settled at 24,028.05, down 422.40 points or 1.73 per cent. During the day Nifty50 swung between 24,078.15 and 23,697.80. Sensex and Nifty opened in red today. The BSE Sensex started at 77,056.75, while the Nifty 50 opened at 23,868.05.

5 key reasons behind crash

1. The sharp decline in the markets has been largely triggered by a massive surge in crude oil prices following the intensification of the United States-Israel conflict with Iran. Brent crude has jumped more than 25 per cent to around $116 per barrel, while the US benchmark West Texas Intermediate has also surged above $114 per barrel. Oil prices have spiked amid concerns that the conflict could disrupt energy production and key shipping routes across the Middle East. Tanker traffic through the Strait of Hormuz -- a vital corridor that carries nearly 20 per cent of the world's oil supply -- has largely halted, raising fears of prolonged supply disruptions.
2. India is especially vulnerable to rising oil prices as it imports over 85 per cent of its crude oil needs. Higher crude prices could drive up the cost of petrol, diesel, cooking gas and aviation fuel, increasing expenses for businesses and consumers.
3. The Indian rupee also came under significant pressure, adding to investor concerns. The currency dropped 46 paise to around 92.28 against the US dollar in early trade, nearing its all-time intraday low of 92.35 recorded earlier this month. Forex traders said the rupee weakened amid rising crude oil prices, a stronger US dollar, heavy foreign investor outflows and weak domestic equity markets.
4. Indian markets are also responding to a global risk-off sentiment, with Asian markets plunging on Monday as investors moved toward safer assets amid rising geopolitical uncertainty.
5. Another major factor behind the market decline is selling by foreign institutional investors. According to exchange data, foreign investors sold equities worth Rs 6,030 crore on Friday. Analysts say the surge in oil prices and growing global uncertainty have triggered capital outflows from emerging markets.....
6. Report prepared by EconomicTimes

09/03/26, Upcoming dividends, stock splits and bonuses this week:

 The week starting March 9 will witness at least 16 corporate actions, according to the BSE website.

Companies that will trade ex-date for various corporate actions this week include SBI Cards and Payment Services, Indian Oil Corporation, Indian Railway Finance Corporation, Sun TV Network, Cupid, Mangalore Refinery and Petrochemicals, and Hindusthan Urban Infrastructure, among others.

Shares of credit card services provider SBI Cards and Payment Services will trade ex-dividend on Wednesday, March 11. The company had announced an interim dividend of ₹2.5 per share. The record date for the same is March 11.

"The Board of Directors of the Company, at its meeting held on Thursday, March 05, 2026, has declared an interim dividend of ₹2.50/- (Rupees Two and Fifty Paise) (25%) per equity share (face value of ₹10/- each) of the Company for the financial year 2025-26. The record date for the purpose of determining the entitlement of payment of Interim Dividend is Wednesday, March 11, 2026," the firm said.

The record date for Hindusthan Urban Infrastructure Ltd's stock split of one existing share into five shares is March 13.

Upcoming Dividend, bonus, stock split: Full list of corporate actions this week

Security Name	Ex Date	Purpose	Record Date
Axtel Industries Ltd	09 Mar 2026	Interim Dividend - ₹12	09 Mar 2026
Cupid Ltd	09 Mar 2026	Bonus issue 4:1	09 Mar 2026
TANFAC Industries Ltd	09 Mar 2026	Stock Split From ₹10/- to ₹5/-	09 Mar 2026
Macfos Ltd	10 Mar 2026	Bonus issue 1:10	10 Mar 2026
Balmer Lawrie & Company Ltd	11 Mar 2026	Interim Dividend - ₹4.25	11 Mar 2026
BCC Fuba India Ltd	11 Mar 2026	Right Issue of Equity Shares	11 Mar 2026
Mangalore Refinery and Petrochemicals Ltd	11 Mar 2026	Interim Dividend - ₹4	11 Mar 2026
Prabha Energy Ltd	11 Mar 2026	Right Issue of Equity Shares	11 Mar 2026
SBI Cards and Payment Services Ltd	11 Mar 2026	Interim Dividend - ₹2.50	11 Mar 2026
Indian Oil Corporation Ltd	12 Mar 2026	Interim Dividend - ₹2	12 Mar 2026
R Systems International Ltd	12 Mar 2026	Interim Dividend - ₹6	12 Mar 2026
Sun TV Network Ltd	12 Mar 2026	Interim Dividend - ₹1.25	12 Mar 2026
Vertex Securities Ltd	12 Mar 2026	Right Issue of Equity Shares	12 Mar 2026
Frontier Springs Ltd	13 Mar 2026	Bonus issue 2:1	13 Mar 2026
Hindusthan Urban Infrastructure Ltd	13 Mar 2026	Stock Split From ₹10/- to ₹2/-	13 Mar 2026
Indian Railway Finance Corporation Ltd	13 Mar 2026	Interim Dividend	13 Mar 2026

In a board meeting on March 6,  Anlon Healthcare approved a stock split of one equity share with a ₹10 face value into five shares having a face value of ₹2. The firm also approved a bonus issue in the ratio of 1:1. The record date for the same will be declared later.

Report by Upstox

source: Dailyhunt

09/03/26, The share markets in the country opened with a bloodbath on Monday as both benchmark indices declined sharply in the opening session amid a huge surge in crude oil prices and heavy selling across global markets.

The Nifty 50 index opened at 23,868.05 with a decline of -582.40 points or (-2.38 per cent), while the BSE Sensex opened at 77,056.75 with a decline of -1862.15 or -2.36 per cent, reflecting strong selling pressure across sectors.

The sharp fall in domestic equities comes as crude oil prices surged approximately 25 per cent on Monday to USD 116 per barrel amid the ongoing conflict in Asia, which has raised concerns over inflation and economic growth. Market experts said the rise in crude prices could significantly impact the Indian economy, given the country's high dependence on imported oil.

Impact of Crude Oil Surge

Ajay Bagga, Banking and Market Expert, told ANI, "Indian markets are seeing a huge cut in the stock futures represented by the Gift Nifty. The oil price hit to the Indian GDP, Current account deficit and inflation will be huge given that India meets more than 85 per cent of its crude oil requirements from imports."

Higher Fuel Prices Expected

He added that the surge in oil prices is likely to result in higher fuel prices domestically. "We expect retail petrol and diesel price hikes. Cooking gas price was already hiked last week for both consumers and commercial users. Jet aviation fuel prices will also go up," Bagga said.

Sector-Specific Pressure

According to him, several sectors will face pressure due to rising oil prices. "Sectors like paints, aviation, autos, tyres, chemicals and all downstream industries using oil derivatives will see further cuts. However given the liquidity squeeze today, anything that can be sold will be sold, so expect cuts in leading counters, even those not correlated to the oil price, including in gold and silver," he added.

Sectoral Performance

Sectorally, heavy selling was witnessed across several indices on the NSE. PSU Bank, Media and Financial Services stocks saw the highest selling pressure. The Nifty Auto index fell by 2.9 per cent, while Nifty Media declined by 2.36 per cent. PSU Bank index dropped 4 per cent, Nifty IT fell by 1.29 per cent, Nifty FMCG declined by 1.38 per cent, and Consumer Durables index lost 2 per cent.

Technical Outlook

Sunil Gurjar, SEBI-registered analyst and Founder of Alphamojo Financial Services, said "The Nifty 50 had a weak week. The index also breached the important 200-EMA, while a bearish EMA crossover indicates weakness in the trend. The fall was mainly driven by heavy FII selling, a weakening rupee, and ongoing global war tensions, which hurt market sentiment," he said.

He added that a sustained breakout above 24,646 could signal bullish momentum, while a breakdown below the current support zone may lead to further downside in the index. According to him, the second strong crucial support will be 23850.

Global Market Sell-off

The fall in Indian markets also comes amid sharp declines across other Asian markets. Japan's Nikkei 225 index declined by 7 per cent to the 52010 level, while South Korea's KOSPI index tanked 7.43 per cent to the 5169 level. Other Asian markets also witnessed declines during the opening trade. Singapore's Straits Times index lost 2.65 per cent to the 4720 level, Hong Kong's Hang Seng index fell more than 2.46 per cent to the 25095 level, and Taiwan's weighted index dropped 5.77 per cent to the 31767 level.

Meanwhile, US markets had already ended last week under pressure. On Friday, the S&P 500 declined by 1.33 per cent to the 6740 level, while the Nasdaq also fell by 1.53 per cent to the 22400 level. 

source: Asianet News

09/03/26, Share Market Today

The Nifty 50 tumbled 1.27 percent on March 6, erasing all its previous day's gains and taking the total weekly loss to 2.9 percent, as intensified US-Israel-Iran war-driven West Asia tensions lifted oil prices to nearly $95 a barrel, signalling fears over economic and earnings growth. The spiking VIX, along with bearish technical and momentum indicators, has now put 24,300 — the previous week's low — at major risk. In fact, experts feel the index is likely to break this support, and if that comes true and sustains below it, a correction towards 24,050–24,000 cannot be ruled out in the upcoming sessions. However, in case of an upside bounce, 24,700 is the level to watch.

1)Nifty50 (cmp 24450) Levels:

Resistance based on pivot points: 24,631, 24,699, and 24,807

Support based on pivot points: 24,413, 24,346, and 24,237

Special Formation: The Nifty 50 formed a long bearish candle on the daily charts with minor upper and lower shadows, along with a lower high–lower low formation, indicating a weakening trend amid mild volatility. The index also reached closer to the critical rising long support trendline (24,350 — adjoining lows of March 2020, April 2025, and last week). All the moving averages have now trended downward, while the MACD and signal line's bearish gap widened with an expansion of the red histogram. The RSI slipped to 33.45, while the Stochastic RSI maintained a positive crossover in the oversold zone. All this indicates a weakening momentum with the risk of further downside if key supports are breached.

2)Levels For The  Nifty Bank (cmp 57,783)

Resistance based on pivot points: 58,520, 58,782, and 59,206

Support based on pivot points: 57,671, 57,409, and 56,985

Resistance based on Fibonacci retracement: 58,656, 59,250

Support based on Fibonacci retracement: 57,663, 56,695

Special Formation: The Nifty Bank also formed a long red candle on the daily timeframe and fell decisively below the 100-day EMA, while reaching closer to the 200-day EMA, indicating bears are tightening their grip. All the short- and medium-term moving averages have trended downward, while the index is 120 points away from the 50 percent Fibonacci retracement level (from the September 2025 low to the February 2026 high). The RSI dropped to 31.91, while the MACD remained below the reference line and zero line with a widening red histogram bar. All this indicates persistent bearish momentum and the possibility of further downside if the index fails to hold near the 200-day EMA.

Report by Sunil Shankar Matkar of Network 18

08/03/26, IRFC Dividend News 2026, IRFC Dividend 2026 Record Date:

 

Indian Railway Finance Corporation Ltd recently announced the date of its board meeting and underlined the agenda of the meeting.

The Navratna status PSU stated that the second interim dividend for FY26 will be announced for its shareholders. Notably, the BSE 200 railway financial institution has fixed the record date for corporate action.

Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilising funds from domestic and overseas markets to meet the pre-dominant portion of extra budgetary resources requirement of Indian Railways. IRFC is under administrative control of the Ministry of Railways.

IRFC Next Dividend Date Latest News

IRFC Dividend 2026

The company announced that the board meeting will be held on March 9, 2026, to consider the interim dividend.

"...meeting of the Board of Directors of the Company is scheduled to be held on Monday, 09th March 2026, inter-alia, to consider declaration of second Interim Dividend to the shareholders of the company for the financial year 2025-26," the company had announced in its February 26 dated exchange filing.

IRFC Dividend 2026 Record Date

The company has fixed March 13, 2026, as the record date for the cash reward.

"...the Record date for determining the entitlements of the shareholders for the payment of aforesaid Second Interim Dividend shall be Friday, 13th March, 2026, subject to the approval of Second Interim Dividend by the Board of Directors," the filing added.

IRFC Dividend History

Earlier, an interim dividend of Rs 1.05 was declared with record date in October 2025. Before that, an interim dividend of Rs 0.80 was announced with record date in March 2025.

IRFC Share Price, Indian Railway Finance Corporation Share Price

On Friday (March 6), the stock closed at Rs 99.45, up 0.61 per cent from its previous closing, on BSE.

IRFC Share Price History

• The 52-week share price range is Rs 148.90 and Rs 96.
• In one and two weeks, the shares declined over 4 per cent and 11 per cent, respectively.
• In 3 and 6 months, shares fell over 13 per cent and 19 per cent, respectively.
• In 1 and 2 years, shares fell over 17 per cent and 29 per cent, respectively.
• In 3 and 5 years' timelines, the stock gained over 252 per cent and 298 per cent, respectively.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggests its readers/ investors to consult their financial advisors before making any money related decisions.)

Report by Economic Times 

08/03/26, Stock Market from Tomorrow onwards

 

Developments related to the ongoing conflict in West Asia and its impact on crude oil prices would be the major driving factors for stock markets this week, PTI quoted analysts.

Besides, global market trends and trading activity of foreign investors would also drive investors' sentiment.

"This week, movements in global crude oil prices and further geopolitical developments in West Asia will remain critical external variables influencing market direction. The week will also feature key macroeconomic releases that could shape near-term sentiment. On the domestic front, investors will closely monitor the Consumer Price Index (CPI) inflation data scheduled for March 12," Ajit Mishra - SVP, Research, Religare Broking Ltd, said.

Brent crude, the global oil benchmark, jumped 8.52 per cent to $92.69 per barrel, according to PTI.

"The week ahead is likely to remain volatile, with market sentiment largely shaped by persistent geopolitical tensions in the Middle East. Investors will closely track global developments, particularly movements in crude oil prices, as energy markets continue to play a critical role in influencing overall risk appetite," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said.

In addition, foreign institutional investor (FII) flows and currency movements will remain key variables to watch, as they provide important signals on global capital allocation trends and investor confidence in emerging markets such as India, he added.

Last week, the BSE benchmark tanked 2,368.29 points or 2.91 per cent, and the Nifty declined 728.2 points or 2.89 per cent, as per PTI.

Markets ended the holiday-shortened week with steep losses as escalating geopolitical tensions in West Asia and a sharp spike in crude oil prices weighed heavily on investor sentiment, Mishra added.

Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid the West Asia crisis.

"Uncertainty surrounding the Middle East conflict, steady decline in the market, the vulnerability of the Indian economy to sharp crude spike and the sharp depreciation of the rupee contributed to the sustained FII selling in the cash market," V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

FPIs are unlikely to return to the market as buyers until there is some clarity on the outcome of the conflict and decline in the price of crude, Vijayakumar said.

Brent crude trading above USD 90 is bad news for the Indian economy and markets, he added. The US and Israel launched military strikes on Iran on February 28, killing Ayatollah Ali Khamenei, Iran's supreme leader.

Following the military offensive, Iran has carried out a wave of attacks mainly targeting Israeli and American military bases in several Gulf countries, including the UAE, Bahrain, Kuwait, Jordan and Saudi Arabia.

 (Report by EconomicTines with News Agency Inputs)

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggest  readers and investors to consult their financial advisors before making any money related decisions.)

08/03/26, Major Gulf economies including Saudi Arabia, the United Arab Emirates, Kuwait and Qatar are reviewing their investment commitments and contracts with the United States as the ongoing Iran war places growing pressure on their economies, according to a report by the Financial Times .

 

Citing Gulf officials, the report said several countries have quietly begun internal discussions to examine whether force majeure clauses can be invoked in existing contracts. They are also reviewing future investment pledges in order to reduce the economic strain caused by the conflict.

"A number of Gulf countries have begun an internal review to determine whether force majeure clauses can be invoked in current contracts, while also reviewing current and future investment commitments," a Gulf official told the Financial Times.

The review could affect a wide range of commitments, including investment pledges to foreign governments and companies, sports sponsorship deals, contracts with global businesses and even the sale of certain holdings, the report said.

The move comes as the war between the US, Israel and Iran continues to disrupt the Gulf region's economic stability. Energy revenues have fallen sharply, while shipping through the Strait of Hormuz - through which roughly a fifth of the world's oil and gas passes - has slowed dramatically after several tankers were hit during the conflict.

Tourism and aviation sectors have also taken a hit after Iranian strikes targeted US bases, embassies and infrastructure across the region.

According to the Financial Times, rising defence spending and reduced energy exports have placed additional strain on government budgets in the Gulf. An adviser to a regional government told the newspaper that the possibility of reviewing overseas investments has already caught the attention of the White House.

The Gulf states manage some of the world's largest sovereign wealth funds and had pledged hundreds of billions of dollars in investments in the US following a visit by US President Donald Trump to the region last year.

Any slowdown in those investments could increase pressure on Washington to seek a diplomatic solution to end the war, the report noted.

Meanwhile, criticism of the conflict has also emerged from prominent voices within the Gulf business community.

Just a day ago, Dubai-based billionaire Khalaf Ahmad Al Habtoor had condemned the war, questioning the decision to strike Iran and warning that the conflict has placed Gulf countries "at the heart of a danger they did not choose".

"Who gave you the authority to drag our region into a war with #Iran? And on what basis did you make this dangerous decision? Did you calculate the collateral damage before pulling the trigger? And did you consider that the first to suffer from this escalation will be the countries of the region itself!," Habtoor directly asked Trump in a post on X.

source: Dailyhunt 

08/03/26, The war in the Middle East and the turmoil in the Strait of Hormuz have weakened India's long-standing oil supply lines. Meanwhile, reports of Russian oil are emerging that are nothing short of a major setback.

Russian oil, which has been cheap for India for the past four years, has now become more expensive. The "sanction discount" on Russian oil has now become a "scarcity premium," meaning a scarcity price. India is now purchasing Russian oil at a higher price than the international benchmark, Brent crude.

Russia was offering India a discount of $15 to $30 per barrel after the Ukraine war began in 2022. But now the market has turned. Amid the ongoing war with Iran and escalating tensions in the Middle East, the US Treasury Department issued a 30 day waiver on Thursday, allowing India to buy Russian oil currently stuck at sea, as reported by Reuters. In other words, the Trump-led United States has allowed India to continue purchasing Russian oil. The move is aimed at ensuring a steady flow of oil in the global market.

The deal has become expensive

Russian oil for delivery in March and April 2026 is now available at $4-5 per barrel more expensive than Brent crude.

1.4 million barrels of oil from the Gulf are stuck in transit due to the war. As a result, Indian refineries (IOC, BPCL) are turning to Russia to meet their needs, and Russia is taking full advantage of this opportunity.

Once again, US is responsible for all this. First, it interfered with India-Russia oil trade, and now it is pleading with India to buy Russian oil to reduce oil prices. This shoddy US oil diplomacy has given Russia a golden opportunity to raise oil prices.

As soon as the US urged India to buy Russian oil, Russian exporters raised prices further. They know that amid the Middle East crisis, the world has no other option but to source oil from Russia.

Long sea journey and heavy expenses

Even though oil may be a little cheaper at Russia's Baltic ports, its price skyrockets by the time it reaches India.

• Long journey: Due to the war in the Middle East, ships have to take a long detour via the 'Cape of Good Hope' i.e. under Africa.
• Insurance and freight: Marine insurance and freight costs have risen so much that by the time oil reaches the west coast of India, its final price exceeds global market rates.

India's difficulties increased

This change has brought a major economic crisis for India, because after Corona, 'cheap Russian oil' had played the biggest role in managing the country's economy and reducing the deficit. Now that Russia's Urals oil has become costlier than the international rate and Brent crude itself has reached close to $92 per barrel, the pressure on petrol-diesel prices and the Indian rupee in the domestic market has increased significantly.

08/03/26, GOLD NO MORE SAVE-HAVEN IN CRISIS ?

 In a market gripped by geopolitical tension and heightened volatility, gold, traditionally the world's most reliable safe-haven asset, is showing an unusually muted response.

According to senior technical analyst Bhavik Patel, the metal is currently "under pressure", not because of a lack of global uncertainty, but due to the unexpected rise in the US dollar index and Treasury yields.

This shift, Patel explains, has temporarily sidelined gold's classical safe-haven appeal. "In gold, usually in war, it has a safe haven status. But this time… the dollar index and US Treasury are comparatively cheap, so a safe-haven asset is emerging more there," he said in his latest commodity outlook.

Patel highlighted that geopolitical conflicts typically buoy gold prices. Yet the current environment is behaving differently. He noted, "A safe haven asset is emerging more in the dollar index and Treasury yields, due to which gold is currently under pressure." This unusual setup means gold is not reacting in its traditional manner despite heightened war-linked tension, something traders would normally bank on for upward momentum.

While cautioning against expectations of a major rally at current levels, Patel was clear about the threshold gold must clear to regain bullish momentum."Unless it goes below 5000, I don't think gold can see much upside. I think it is consolidating right now," he said. The consolidation zone is creating a tight range that traders should carefully monitor. Despite the subdued outlook, Patel made it clear that gold still fares better than silver in the present environment."Today, if you look at gold and silver, gold seems a little safer compared to silver. So I would recommend avoiding silver," he advised.

Trading Strategy: Buy on Dips, Strict Stops

Patel's tactical recommendation for traders is to remain selective and disciplined

• Buy on dips at Rs 158,000
• Target at Rs 160,000
• Stop-loss at Rs 157,300

His emphasis on tight risk control underscores the delicate balance gold is maintaining amid conflicting macro forces.

Why Gold Is Still the Relatively 'Safer' Precious Metal Today

Even though gold is not surging the way it traditionally does during geopolitical flare-ups, Patel maintains that within the precious-metals basket, it remains the preferable bet. His reasoning, "Gold seems a little safer compared to silver," especially because silver is more exposed to industrial demand sensitivity, and the broader commodities complex is reacting directly to dollar strength.

source: EconomicTimes

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

07/03/26, Precious Metals

Both gold and silver saw renewed buying in Friday's session as traders reacted to the unexpected drop in new US jobs data, boosting prospects of a US Federal Reserve rate cut, though a stronger dollar capped gains.

Gold, which usually remains hot during periods of geopolitical tensions, gained $104 per troy ounce on Comex to the day's high of $5,182 per ounce on March 6. The May silver futures contract, too, strengthened $3.15 per troy ounce to reach the day's high of $85.33.

On the economy front, the US economy lost 92,000 jobs in February, while economists were expecting a gain of 50,000. The unemployment rate also rose to 4.4%.

In theory, a weak jobs report would help build a case for the Federal Reserve to cut interest rates, and gold responded to the data with a surge, although it has since pared back some of those gains.

However, hopes for interest-rate cuts have been complicated by surging oil prices amid escalating tensions in the Middle East, raising fears that the ongoing war will last longer than expected and could stoke global inflation.

In addition, strength in the dollar and Treasury yields has been standing in the way of gold reclaiming its place as a safe-haven asset this week and has left the metal on track for its first weekly decline in five weeks.

Middle East tensions escalate

On the geopolitical front, the US-Israel war with Iran extended into its seventh day on March 6, with the latest comments from both sides indicating that tensions continue to escalate in the region. Donald Trump wrote on Truth Social that there would be "no deal with Iran" unless it agrees to "unconditional surrender," outlining a hardline stance as the conflict in the Middle East continues to intensify.

Earlier, Iranian Foreign Minister Abbas Araghchi told NBC News that his country had no intention of negotiating and was prepared for a ground invasion, although US President Donald Trump later told the same network that he was not considering such a move.

Fed policymakers will meet on March 18, where they are widely expected to hold rates steady, with the first rate cut widely expected in July, according to the CME FedWatch tool. Gold is often viewed as a long-term inflation hedge, but it typically performs well in low-interest rate environments because it yields no income.

MCX gold jumps over ₹2,800 per 10g; silver reclaims ₹2.70 lakh per kg

On the domestic front, the April gold futures contract on MCX jumped ₹2,839 per 10 grams to reach the day's high of ₹1,62,512, but it is on track to close the week in the red.

The silver May futures contract advanced ₹8,309 per kilogram to the day's high of ₹2,70,500 per kilogram.

Although the white metal has regained strength, it is still on track to close the week about 4% lower.

(Report by Mint with inputs from Reuters)

Disclaimer: We advise investors to check with certified experts before making any investment decisions.

07/03/26, PostMarket REPORT

 The Indian benchmark indices, SENSEX and NIFTY50, closed in negative territory on Friday, March 6, after a day's break, as crude oil prices surged higher amid the intensifying conflict in the Middle East, which entered its seventh day.

On Thursday, the foreign institutional investors (FIIs) sold stocks worth ₹3,752.52 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹5,153.37 crore on a net basis, according to exchange data.

The SENSEX slumped by as many as 1,203 points to reach an intraday low of 78,812.18. Meanwhile, the NIFTY50 touched the session's low of 24,415.75.

The 30-share BSE SENSEX declined by 1,097 points or 1.37% to settle at 78,918.90, while the 50-share NSE NIFTY dipped 1.27% or 315.45 points to end at 24,450.45.

NIFTY50 top gainers and losers

Shares of ICICI Bank dragged down the NIFTY50 index, closing 3.13% lower.

It was followed by selling in the shares of Eternal (-2.96%), Shriram Finance (-2.77%), State Bank of India (-2.54%) and Axis Bank (-2.54%), which were among the top losers on Friday.

On the other hand, Bharat Electronics closed in the green, up by 2.52%. The other top gainers included Oil & Natural Gas Corporation (1.28%), Reliance Industries (1.27%), NTPC (0.82%) and Hindalco Industries (0.59%).

Bharat Electronics (BEL) stock advanced as it was trading ex-dividend today, March 6.

NIFTY Midcap 100 top gainers and losers

NSE's NIFTY Midcap 100 gauge fell 0.69% or 399.20 points to close at 57,393.35 on March 6.

The index was weighed down by Ashok Leyland (-4.04%), Godrej Properties (-3.95%), Hindustan Petroleum Corporation (-3.14%), GMR Airports (-3.04%) and Bank of India (-2.92%), which were among the top laggards.

On the flip side, Bharat Dynamics (5.81%), Cochin Shipyard (3.27%), Persistent Systems (3.09%), Hitachi Energy India (2.43%) and SRF (2.42%) were among the top winners.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index declined by 0.24% or 39.90 points to end at 17,334.10.

The top losers included Tejas Networks (-6.19%), Mahanagar Gas (-4.51%), Inox Wind (-2.84%), Poonawalla Fincorp (-2.51%) and Signatureglobal (-2.50%).

On the contrary, Jupiter Wagons closed 19.35% higher, followed by Ircon International (9.67%), Radico Khaitan (8.52%), Aegis Vopak Terminals (5.93%) and Garden Reach Shipbuilders & Engineers (5.02%), which were among the top gainers.

Shares of GRSE rose as the PSU signed a Memorandum of Understanding (MoU) with Bharat Forge's subsidiary Kalyani Strategic Systems Limited (KSSL) to jointly develop and promote indigenous solutions for advanced naval systems, unmanned platforms, and other strategic maritime capabilities for domestic and global markets.

source: Upstox,  Dailyhunt 

06/03/26, G R S E share price

Shares of Garden Reach Shipbuilders & Engineers (GRSE) surged as much as 6.93% to hit an intraday high of ₹2,576 apiece on the National Stock Exchange (NSE) on Friday, 6/3/26.

This comes as the PSU signed a Memorandum of Understanding (MoU) with Bharat Forge's subsidiary Kalyani Strategic Systems Limited (KSSL).

At around 1:27 pm, the stock was trading 5.27% higher at ₹2,536 per equity share.

The scrip has gained more than 4% in the past week and 6% over the month. On a year-to-date basis, it has advanced 4%.

While the share hit a 52-week high of ₹3,538.40 on June 23, 2025, it touched a year's low of ₹1,257.20 per unit on March 5, 2025.

GRSE signs MoU

In a regulatory filing dated March 5, the company stated it signed an MoU with KSSL on Thursday to collaboratively develop and promote indigenous solutions for advanced naval systems, unmanned platforms, and other strategic maritime capabilities for domestic and global markets.

GRSE highlighted that it has ascertained no financial implications regarding the MoU at the moment.

Under the partnership, the companies envision joint efforts to deliver indigenous solutions across a broad spectrum of maritime and defence systems.

It added that the broad spectrum includes ship propulsion and mechanical systems for both naval and commercial vessels, integrated platform management systems, steering and stabilizer assemblies, and deck equipment.

It will also include unmanned platforms, comprising Unmanned Surface Vessels (USVs) and Autonomous Underwater Vehicles (AUVs).

The Miniratna firm stated that the partnership will also seek to identify and pursue opportunities within India and in other mutually agreed international markets.

The partnership, as per the statement, is expected to combine GRSE's "extensive expertise in shipbuilding and maritime engineering" with KSSL's "capabilities as a leading defence OEM in the design and manufacture of advanced defence platforms and systems."

GRSE has a total market capitalisation of ₹28,938.13 crore, as of March 6, 2026, according to data on the NSE.

source: Upstox