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Wednesday, March 11, 2026

11/03/26, US President Donald Trump on Tuesday announced a plan to build an oil refinery in Brownsville, Texas, calling it a massive win for American workers. Trump said that the new refinery would fuel American markets and strengthen national security, along with boosting energy production.

"America is returning to REAL ENERGY DOMINANCE! Today I am proud to announce that America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas,” Trump wrote in a post on his Truth Social social media platform.

“Thank you to our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment," he added.

A statement from Reliance Industries Ltd is awaited.

In a statement, America First Refining, the company behind the project, said the refinery will be located at the Port of Brownsville, Texas, and will significantly strengthen the country's long-term energy dominance. The company said it expects to break ground in the second quarter of 2026.

Trump added that the new refinery would deliver billions of dollars in economic impact and create thousands of jobs in the region.

"It is because of our America First Agenda, streamlining Permits, and lowering Taxes, that have attracted Billions of Dollars in Deals coming back to our Nation. A new Refinery at the Port of Brownsville will fuel U.S. Markets, strengthen our National Security, boost American Energy production, deliver Billions of Dollars in Economic impact, and will be THE CLEANEST REFINERY IN THE WORLD. It will power Global Exports, and bring THOUSANDS of long overdue Jobs and Growth to a Region that deserves it. This is what AMERICAN ENERGY DOMINANCE looks like. AMERICA FIRST, ALWAYS!", he said.

Trump described the agreement as a historic $300 billion deal -- the biggest in US history -- saying it represents a massive win for American workers, the energy industry, and the people of South Texas.

"This project represents a historic step forward for American energy production," said John V Calce, chairman and founder of America First Refining.

The development comes as the West Asia conflict widens beyond Iran, with Tehran carrying out retaliatory missile and drone attacks targeting US military bases, diplomatic missions, and civilian and energy facilities in Gulf nations such as the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, and Jordan.

The fighting has also caused major disruptions to global energy markets, especially around the Strait of Hormuz, a route for roughly one-fifth of the world's oil supply.

On Tuesday, during a press briefing, White House Press Secretary Karoline Leavitt said that the oil and gas prices would soon come down, potentially even lower than what they were before the start of 'Operation Epic Fury.'

Leavitt told the media, "Rest assured to the American people, recent increase in oil and gas prices is temporary and this operation will result in lower gas prices in the long term. Once the national security objectives of Operation Epic Fury are fully achieved, Americans will see oil and gas prices drop rapidly, potentially even lower than they were prior to the start of the operation. We will live in a world where Iran can no longer threaten the United States or our allies with a nuclear bomb."
source: Network18 

11/03/26, US-Israel-Iran War news

Iran has formally shifted to deploying heavy-warhead missiles weighing over one ton, marking a transition from calibrated retaliation to preparations for sustained high-intensity missile campaigns, top intelligence sources told. 

The announcement was made by IRGC Aerospace Commander General Mousavi, who outlined a new war tactic centred on high-impact strikes and saturation attack strategies designed to overwhelm regional air defence systems.

According to top intel sources, Tehran has moved away from mixed-payload missile usage to standardising heavy warheads above one ton, pointing to a preference for maximum destructive capability. The shift indicates that future strikes are intended to cripple hardened military infrastructure, including airbases, bunkers, ports, logistics hubs and command centres, rather than target symbolic or limited tactical objectives.

One-ton-plus warheads significantly increase blast overpressure and possess major penetration capability against reinforced infrastructure, sources said. The wider reach of these systems is aimed at enabling strikes deeper into Israel, US regional assets and other adversaries across West Asia.

Iranian missile platforms such as the Khorramshahr-4 are expected to become central to this force projection strategy. The system offers high payload capacity with medium-range reach, making it suitable for regional power deterrence.

Sources further indicated that increased launch frequency and larger missile waves suggest the adoption of defence-saturation tactics designed to exhaust interceptor inventories. The doctrine directly targets advanced air defence ecosystems, including Israel's Iron Dome, David's Sling and Arrow systems, where interception probability decreases under mass simultaneous launches.

The strategic shift has heightened escalation concerns, with intelligence assessments indicating that Tehran is preparing for sustained, high-intensity barrages rather than isolated exchanges.

The development marks a doctrinal evolution in Iran's missile policy, expanding its strategic reach across West Asia and signalling readiness for a broader regional confrontation.

Source:News18

11/03/26, ( 3 Recommend Stocks); Following the de-escalation buzz in the US-Iran war, the Indian stock market witnessed strong buying throughout the Tuesday session.

 The Nifty 50 index finished 233 points higher at 24,261, the BSE Sensex surged 639 points and closed at 78,205, and the Bank Nifty index ended 931 points higher at 56,950. Among sectors, the auto index was the top gainer, rallying over 3%, whereas the IT index registered intraday profit booking at higher levels.

Stock market today

Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladdher, believes the undertone of the Indian stock market is cautious. The Prabhudas Lilladher expert said the Nifty 50 index opened with a huge gap up near the 24,300 zone and thereafter had a range-bound session, ending in the green near the 24,250 zone, signalling a relief rally.

Parekh added that the 50-stock index would need to stabilise and close above the 24,400 -24,500 band to establish some clarity and conviction, and thereafter, can expect a further upward move in the coming days.

"The low made near the 23,700 zone would be the important support level to be watched for and would need to improve the bias in the coming sessions with volatility anticipated," Parekh added.

On the outlook of the Bank Nifty index, Vaishali Parekh of Prabhudas Lilladher said the Bank Nifty index witnessed an almost 1,000-point recovery to end near the 57,000 zone inside the ascending channel pattern on the daily chart and would need to move past the near-term resistance of the 57,800 level to fill up the recent gap and establish some conviction.

"The index would have the near-term support at the 55,200 level, which needs to be sustained, and with the overall scenario still maintained with a cautious approach, one needs to wait and watch for further developments," said Parekh.

Vaishali Parekh's stock recommendations for today

Regarding stocks to buy today, Vaishali Parekh recommended three buy-or-sell stocks for intraday trading: Piramal Pharma, Bharat Dynamics Ltd, and Oberoi Realty.

1] Piramal Pharma: Buy at ₹154, Target ₹160, Stop Loss ₹151;

2] Bharat Dynamics Ltd or BDL: Buy at ₹1380, Target ₹1450, Stop Loss ₹1350; and

3] Oberoi Realty: Buy at ₹1504, Target ₹1550, Stop Loss ₹1480.

source:Mint

: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not of us. We advise investors to check with certified experts before making any investment decisions.

11/03/26, Financial Express Report on AeroSpace boom

 Global aerospace presents a massive, rapidly growing addressable market, expected to expand from ₹1.2 lakh crore in 2023 to ₹2.2 lakh crore by 2029, as per Azad Engineering.

Global air traffic is also projected to double by 2029, serving as a major tailwind for the sector.

The aerospace industry is expanding for several other reasons. Two companies (Boeing and Airbus) control more than 90% of the market share. Currently, the industry has a backlog of 15,000 aircraft, approximately 84% of which are narrow-body aircraft, such as the Airbus A220, A320, and Boeing 737.

Rising defence spending, with a strong focus on modernization, advanced aircraft, and missile manufacturing, is another tailwind for the industry. As such, here are three hidden gems benefitting from the opportunity.

#1 Raymond: The LEAP engine specialist

Raymond, a part of the Raymond group, is the aerospace business.

The company's aerospace business is housed in JK Maini Global Aerospace (JKMGAL), a subsidiary of Raymond. This company supplies mission-critical parts to global OEMs and Tier 1 suppliers, such as Airbus and Boeing.

JK Maini Global: Serving the Boeing-Airbus Duopoly

JKMGAL manufactures aircraft components, having developed over 1,200 precision aero-engine parts for more than 25 global clients. It is a preferred partner to the top three global aircraft engine manufacturers, who collectively command an 88% global market share.

This business is a 'low volume, high mix' model and is witnessing tremendous growth. Revenue grew 34% year-on-year to ₹273 crore in 9MFY26. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose 34% to ₹57 crore, with margins at 20.9%.

Aerospace and Defence Segment Financials

  Source: Company

Complex Engine Parts is the segment's biggest revenue generator, accounting for over 75% of total revenue. An excellent example of their capabilities is the manufacturing of nozzle guide vanes and the 6th and 7th stages of the low-pressure turbine for the LEAP 1A engine.

JKMGAL can produce 8,000 units of these per year using Rene 77 material, employing advanced techniques such as vacuum brazing, 5-axis grinding, EDM, and TIG welding. Structural and system components accounted for the remaining 16% and 6% of revenue, respectively.

Its revenue mix is ​​heavily export-oriented, with 60% derived from Europe, followed by the US (21%) and India (17%). To further expand its global footprint beyond traditional Western markets, the company recently participated in the Dubai Airshow 2025 to explore new opportunities with customers in the Middle East.

The LEAP engine specialist: Scaling high-margin complex parts

A major driver of their growth is their participation in the high-volume LEAP engine programs (1A/B/C), for which they supply 300-350 different types of parts. The LEAP engine program comprises multiple high-volume, advanced aircraft engines extensively used by world-renowned aerospace companies such as Airbus and Boeing.

The aerospace industry has high barriers to entry and needs long-term commitment, which provides JKMGAL with strong clarity regarding its operational outlook. Customer agreements typically last 5 to 10 years. Thanks to these long-term contracts and a continuous pipeline of new product approvals, its order book averages around 2.5 to 3 times its current earnings.

When Raymond secures a contract for a new component, the OEM typically allocates 35% of the market share to testing. And customers consistently increase this allocation to 65% when quality is strong, and 100% on-time delivery is achieved. Currently, more than 50% of their components have already surpassed this 65% mark.

Revenue Visibility: Long-Term contracts and the ₹500 crore capex plan

To meet growing demand, the company plans to undertake a substantial capital expenditure of approximately ₹500 crore over the next five years. This amount will be utilized to establish an aerospace manufacturing facility in Andhra Pradesh, thereby ensuring significant long-term expansion and cost-related benefits.

#2 Sansera Engineering: Transitioning from Auto to Aerospace

Sansera Engineering, a traditional manufacturer of automotive components, is now venturing into the defence sector as well. Defence-related operations constitute a crucial part of its rapidly expanding ADS (Aerospace, Defence, and Semiconductor) vertical.

To capitalize on the impetus India is giving to indigenous defence manufacturing, the company is actively expanding its defence capabilities. Sansera has allocated a dedicated manufacturing facility for this sector. Given the rapidly increasing order volume within the ADS division, management is also actively seeking to acquire land.

The ADS Pivot: Accelerating beyond traditional automotive parts

The company manufactures complex, mission-critical aerospace structural components using its precision engineering expertise. Its key aerospace products include actuation gimbals, door beams, door fittings, bottom panel liners, and actuator housings.

Exclusive Airbus partnership: Powering aeromedical evacuation systems

Sansera's clientele includes world-renowned aircraft OEMs and Tier-1 suppliers. A major achievement for the company is a long-term contract with Airbus Defence and Space, valued at approximately ₹160 crore.

Sansera has been selected to provide manufacturing, supply, and support for the 'Airborne Intensive Care Transport Module.' This is a key system used for aeromedical evacuation in light and medium-category transport aircraft. Notably, Sansera is the only Indian supplier selected by Airbus for this program.

Sansera also supplies a large volume of parts for the first ship set of doors for the A220 aircraft, and production is currently ramping up to align with customer schedules. Management states that aircraft manufacturers are currently booking orders faster than they can deliver them, leading to a heavy reliance on Indian suppliers to secure resources and trained manpower.

A ₹3,800 crore lifetime backlog: Scaling capacity for FY30 targets

The aerospace division is currently experiencing explosive financial growth. ADS revenue surged more than 4X year-on-year in Q3FY26. In 9MFY26, revenue from ADS surpassed ₹215 crore. It is on track to achieve the revenue target of ₹300-320 crore in FY26, and ₹500-600 crore revenue in FY27. By FY30, it expects to execute ₹1,200-1,300 crore annually from the existing backlog.

Shifting Revenue-Mix

  Source: Company

Operational Ramp-Up: The September 2026 facility expansion

The strongest indicator of its strength is its cumulative unexecuted lifetime order backlog, which stood at ₹3,800 crore as of December 2025. The current facility will hit its maximum revenue capacity of ₹600 crore next year. To handle the steep ramp-up, Sansera has planned ₹250 crore in capex over the next few years. A plant is expected to be live by September 2026.

#3 Azad Engineering: The Global Tier-1 Powerhouse

Azad Engineering supplies products, including actuator assemblies and hydraulic system components, which are essential to flight control and landing gear systems. The Aerospace and Defence Segment is the key growth engine for the company, accounting for 18% of total revenue in FY25.

Partnering with Rolls-Royce, Honeywell, and Pratt & Whitney

Azad is an established global Tier-1 supplier to major commercial aircraft manufacturers and engine OEMs. These relationships are based on years of engineering validation, and there exist high barriers to entry. Azad supplies critical components for various aircraft platforms manufactured by Boeing, Airbus SE, and Gulfstream.

About Azad Aerospace Division

  Source: Company

Azad has recently signed a 'Master Terms Agreement' and a 'Purchase Agreement' with Pratt & Whitney for the development and manufacturing of aircraft engine components. Notably, the company's India head has indicated plans to significantly increase component supply from India.

Azad is progressing on contracts for highly engineered critical rotating components. Management emphasized that Azad works with Safran as a global supplier benchmarked against global standards, rather than relying solely on domestic offset policies.

Azad started working with Rolls-Royce in 2024 and signed a long-term agreement to produce components for Civil Aircraft Engines. Initial supplies are expected to commence in FY27. It has also received a phase 1 business award worth US $16 million (about ₹108 crore) to manufacture and supply highly complex components for Honeywell Aerospace.

Defence Modernisation: Import Substitution for UAVs and Anti-Ship Missiles

The company is also developing strategic jet engines for use in defence UAVs, drones, and anti-ship missiles. These engines serve as import substitutes under the Government of India mandate, representing a massive market potential.

Sustaining 30% growth with a ₹6,500 crore order book

Looking ahead, management has reiterated its top-line revenue growth guidance of 30% for FY26, with a long-term EBITDA Margin of 33-35%. This is supported by a massive order book of over ₹6,500 crore and an increasing backlog from OEMs.

Azad Engineering Financials

  Source: Company

From a financial perspective, its revenue in 9MFY26 increased 31.8% year-on-year to ₹433 crore, while its EBITDA margin improved to 36.9%. Net Profit surged by 55.3% year-on-year to ₹97 crore. This growth was driven by the aerospace and defence sector (which grew 31.2%). Exports contributed 92.9% to the total revenue.

The Investor's Dilemma: Growth vs. Valuation

Return ratios, including Return on Capital Employed (ROCE) and Return on Equity (ROE), are muted across three companies. Raymond is recently listed post demerger, so return ratios are yet to show their true numbers.

In terms of valuation, Raymond is trading at a discount relative to both its median and industry multiples, whereas Sansera is trading at a premium compared to both. Azad is trading at a significant premium relative to its historical levels and to the industry.

Peer Comparison (X)
CompanyEV/EBITDA3Y Median EV/EBITDAIndustry EV/EBITDAROCE (%)ROE (%)
Raymond9.512.812.4*1.67.5
Sansera22.514.412.413.410.5
Azad85.959.2 (2.3Y)18.512.28.6

Source: Screener.in (Auto Sector (Not Realty) Number is Taken)

India's aerospace and defence opportunity is expanding rapidly, driven by rising air traffic, aircraft backlogs, and defence modernisation. Raymond, Sansera, and Azad are positioning themselves to benefit through long-term global OEM contracts and expanding order backlogs.

However, despite strong visibility into growth, valuation premiums and muted return ratios remain key considerations for investors. Whether they can continue to lead the aerospace and defence race remains to be seen. Meanwhile, add them to your watchlist and stay tuned.

the above article is only for educational purpose and not of trading advice 

11/03/26, Stocks to Watch Today:


Investors tracking the Indian stock market today will keep a close watch on several stocks to watch today, including Aditya Birla Capital, Reliance Industries, Adani Enterprises, IDFC First Bank, and Nazara Technologies, among others.

These stocks are in focus due to key corporate announcements, investments, stake acquisitions, management changes, and new order wins that could influence stock market sentiment and share price movement.

Market participants looking for top stocks in news, stocks in focus today, and stocks likely to move today should monitor these companies as they could drive sectoral momentum and short-term market trends.

So here's the list of stocks to watch today:

Stock NameHeadline
Aditya Birla CapitalRs 750 Crore Rights Investment in Housing Finance Arm
Nazara TechnologiesMorgan Stanley Asia Acquires 0.77 per cent Stake
Adani EnterprisesSubsidiary Acquires Remaining Stake in DP Jain TOT Toll Roads
HG Infra EngineeringReceives Rs 401.33 Crore Order
Reliance IndustriesJamnagar Refinery to Maximise LPG Production
Hindustan ZincMoU Signed for Zinc Alloy Manufacturing Facility
Tips MusicCEO Hari Nair Resigns
IDFC First BankRs 645 Crore Fraud Claim Settled
Waaree Energies LtdSubsidiary to Invest USD 30 Million in United Solar Holdings
TVS Supply Chain SolutionsExpands Operations with Caterpillar India
IndiGo (InterGlobe Aviation)CEO Pieter Elbers Steps Down

IndiGo (InterGlobe Aviation)

CEO Pieter Elbers Steps Down

Pieter Elbers has resigned as Chief Executive Officer of IndiGo, effective March 10. Rahul Bhatia, the Managing Director, will take over management responsibilities on an interim basis.

Aditya Birla Capital

Rs 750 Crore Rights Investment in Housing Finance Arm

Aditya Birla Capital has invested Rs 750 crore, on a rights basis, in the equity shares of its subsidiary Aditya Birla Housing Finance.

Nazara Technologies

Morgan Stanley Asia Acquires 0.77 Per Cent Stake

Morgan Stanley Asia Singapore has acquired 28.85 lakh shares, representing a 0.77 per cent stake in Nazara Technologies, from Think India Opportunities Master Fund LP for Rs 69.18 crore.

Adani Enterprises

Subsidiary Acquires Remaining Stake in DP Jain TOT Toll Roads

Adani Enterprises stated that its wholly owned subsidiary, Adani Road Transport, has acquired the remaining 49 per cent stake in DP Jain TOT Toll Roads Pvt Ltd, along with 100 per cent optionally convertible redeemable preference shares, under a previously signed share purchase agreement.

HG Infra Engineering

Receives Rs 401.33 Crore Order

HG Infra Engineering has secured an order worth Rs 401.33 crore from Anuppur Thermal Energy in Anuppur.

Reliance Industries

Jamnagar Refinery to Maximise LPG Production

Reliance Industries announced that its Jamnagar oil refining complex will maximise the production of cooking gas LPG. Additionally, gas from the Bay of Bengal KG-D6 fields will be diverted to priority sectors to help the Indian economy manage disruptions caused by the West Asia war.

In a separate development, the corporate dispute appellate tribunal NCLAT has set aside an appeal filed by Reliance Realty that sought insolvency proceedings against Altruist Customer Management.

Tips Music

CEO Hari Nair Resigns

Hari Nair has resigned as Chief Executive Officer of Tips Music, effective April 30, 2026, to pursue new opportunities.

Hindustan Zinc

MoU Signed for Zinc Alloy Manufacturing Facility

Hindustan Zinc has signed a Memorandum of Understanding (MoU) with CMR Green Technologies, a non-ferrous recycling company in India, to establish a zinc alloy manufacturing facility at Zinc Park.

IDFC First Bank

Rs 645 Crore Fraud Claim Settled

IDFC First Bank announced that it has settled fraud claims related to its Chandigarh branch for Rs 645 crore and has found no further discrepancies.

Waaree Energies Ltd

Subsidiary to Invest USD 30 Million in United Solar Holdings

Waaree Energies stated that its wholly owned subsidiary, Waaree Solar Americas Inc., has signed a share subscription agreement with United Solar Holdings Inc. to subscribe to approximately 5.37 million Series B preferred shares for about USD 30 million.

TVS Supply Chain Solutions

Expands Operations with Caterpillar India

TVS Supply Chain Solutions has strengthened the global supply chain operations of Caterpillar India Pvt Ltd by establishing a 40,000 sq. facility.

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

Tuesday, March 10, 2026

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

Monday, March 9, 2026

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 NameEx DatePurposeRecord Date
Axtel Industries Ltd09 Mar 2026Interim Dividend - ₹1209 Mar 2026
Cupid Ltd09 Mar 2026Bonus issue 4:109 Mar 2026
TANFAC Industries Ltd09 Mar 2026Stock Split From ₹10/- to ₹5/-09 Mar 2026
Macfos Ltd10 Mar 2026Bonus issue 1:1010 Mar 2026
Balmer Lawrie & Company Ltd11 Mar 2026Interim Dividend - ₹4.2511 Mar 2026
BCC Fuba India Ltd11 Mar 2026Right Issue of Equity Shares11 Mar 2026
Mangalore Refinery and Petrochemicals Ltd11 Mar 2026Interim Dividend - ₹411 Mar 2026
Prabha Energy Ltd11 Mar 2026Right Issue of Equity Shares11 Mar 2026
SBI Cards and Payment Services Ltd11 Mar 2026Interim Dividend - ₹2.5011 Mar 2026
Indian Oil Corporation Ltd12 Mar 2026Interim Dividend - ₹212 Mar 2026
R Systems International Ltd12 Mar 2026Interim Dividend - ₹612 Mar 2026
Sun TV Network Ltd12 Mar 2026Interim Dividend - ₹1.2512 Mar 2026
Vertex Securities Ltd12 Mar 2026Right Issue of Equity Shares12 Mar 2026
Frontier Springs Ltd13 Mar 2026Bonus issue 2:113 Mar 2026
Hindusthan Urban Infrastructure Ltd13 Mar 2026Stock Split From ₹10/- to ₹2/-13 Mar 2026
Indian Railway Finance Corporation Ltd13 Mar 2026Interim Dividend13 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