05/03/26, PostMarket REPORT

 The Indian benchmark indices, SENSEX and NIFTY50, continued trading in the positive territory, rebounding from three days of losses during the afternoon session on Thursday, March 5. The gains come amid a recovery in global markets and are supported by buying in index heavyweights such as Reliance Industries, Larsen and Toubro, and more.

Rupee too recovered from its lowest level and gained 48 paise to trade at 91.57 against the US dollar in early trade on Thursday, tracking positive momentum in domestic equity markets.

The SENSEX advanced as much as 564.47 points to hit an intraday high of 79,680.66. Meanwhile, the NIFTY50 touched the session's high of 24,672.80.

At 12:35 PM, the S&P BSE SENSEX jumped by 448.48 points, or 0.57%, to 79,564.67. NSE's NIFTY50 was trading at 24,638.60, marking a 158.10 points, or 0.65% increase.

The top gainers of the NIFTY50 index included Hindalco Industries (5.78%), Coal India (5.22%), Bharat Electronics (4.14%), NTPC (3.09%) and Reliance Industries (2.97%).

On the flipside, Eternal (-1.96%), HDFC Life Insurance Company (-1.44%), HCL Technologies (-1.37%), Tech Mahindra (-1.21%) and Adani Enterprises (-1.23%) were among the top losers.

Buzzing stocks on March 5: Check list

BSE

Shares of BSE Ltd rose as much as 4.13% to an intraday high of ₹2,735.5 per unit on the National Stock Exchange (NSE) on Thursday, March 5, as it received approval from the markets watchdog Securities and Exchange Board of India (SEBI) to launch derivative contracts on the SENSEX Next 30 index.

In a regulatory filing dated March 4, the stock exchange noted that the SENSEX Next 30 index tracks the next largest and most liquid companies in the BSE 100 that are in the derivative segment and not members of the BSE SENSEX 30 index.

It further added that the exchange will offer cash-settled monthly index futures and monthly index options with expiry dates as the last Thursday of the expiry period.

Gujarat Gas

Gujarat Gas stock declined as much as 6.6% on the National Stock Exchange (NSE) to an intraday low of ₹390 per equity share, as the company informed exchanges that the availability of R-LNG has become severely constrained owing to the war in the Middle East.

Gujarat Gas, post-market hours on Wednesday, said that the company is facing a severe gas supply shortage owing to the war in the Middle East, and it has issued Force Majeure notices to its industrial customers.

Force majeure means an unforeseen event beyond someone's control that prevents them from fulfilling a contract.

Bharat Forge

Shares of Bharat Forge gained as much as 4.14% to the session's peak of ₹1,918 apiece on the NSE, after North American class 8 truck/tractor preliminary net orders for February surged 159% year-on-year (YoY) to 47,200 units.

It's the highest total order since September 2022, as per data on FTR Intelligence.

Furthermore, the company's board of directors approved fundraising up to ₹800 crore via an unsecured rupee term loan.

In a regulatory filing dated Wednesday, the Kalyani Group firm said that its Investment Committee considered and approved "availing of an unsecured rupee term loan up to an amount of ₹8,000,000,000/- (Rupees Eight Thousand Million Only) within the aforesaid overall limit approved by the Board."

Hindustan Zinc

Hindustan Zinc stock rose as much as 2.81% to ₹607.9 apiece on Thursday, after it signed a Memorandum of Understanding (MoU) with US-based Virginia Tech for advanced research on improving silver recovery across its lead-zinc (Pb-Zn) concentrators.

In an exchange filing, the company said that as part of the collaboration, focused scientific studies will be undertaken to refine flotation methods and optimise the use of reagents (specialised chemicals added during processing to help separate and concentrate metals). This, in turn, would support better concentrate quality and more efficient plant operations.

Aluminium stocks

Shares of aluminium companies, such as National Aluminium Company (NALCO), Hindalco Industries, etc, surged on March 5.

This comes after reports suggested that Qatalum, a major aluminium smelter jointly owned by Hydro and Qatar Aluminium Manufacturing Co., has started a controlled shutdown of its aluminium production after its gas supplier signalled a forthcoming halt in gas supply.

Analysts say that a controlled shutdown of the smelter at Qatalum could be positive for Indian aluminium producers, as buyers would look for alternative options to source aluminium.

Amid a controlled shutdown of the smelter, the price of aluminium in international markets surged to a fresh 52-week high on the London Metal Exchange on Wednesday. Aluminium futures on LME surged as much as 2.55% to hit a 52-week high of $3,418.50.

Omnitech Engineering

The stock of Omnitech Engineering made a weak debut on the stock exchanges on Thursday, March 5.

The stock started trading at ₹202 apiece on the National Stock Exchange (NSE), reflecting a discount of 11.01% against the issue price of ₹227 per share. On the BSE, the scrip started trading at ₹205, down 9.69% from the issue price.

A lot consisted of 66 shares. Investors who received the Omnitech Engineering IPO allotment saw their investment value drop to ₹13,332 per lot.

source:Upstox

05/03/26, Iran is confronting the US and Israel while tensions in the region continue to rise. Gulf nations such as Saudi Arabia, Qatar, and Bahrain have also come under threat.

However, modern warfare is increasingly about strategy and intelligence rather than just weapons.

A Chinese professor has proposed an unconventional idea. He claims Iran would not need to fire a single bullet to weaken the US or its allies. With one strategic move, it could trigger panic among millions. According to him, this approach could be even more damaging than a missile strike.

Could Water Become the Gulf's Biggest Weakness?

The professor argues that Gulf countries have a critical vulnerability: they lack natural sources of fresh water. Nearly 60 percent of their drinking water comes from desalination - the process of converting seawater into fresh water.

The region depends heavily on large desalination plants to meet daily water needs. If these facilities stop functioning, severe water shortages could lead to unrest within hours. This dependency, he suggests, has not received enough attention.

One Drone, Massive Impact?

The professor believes that Iran would not require a large military operation. A single drone strike on a major desalination plant could leave millions without access to water.

Around 80 percent of food in Gulf countries is imported, relying on stable water supplies and smooth supply chains. Without water, food preparation, sanitation, and daily life would be severely affected. Such disruption could destabilize society without conventional combat.

What About US Troops in the Region?

US forces stationed in the Middle East also depend on local water infrastructure. If civilians face acute shortages and chaos spreads, managing the crisis would become extremely challenging.

The professor argues that the military would be forced to shift its focus from security operations to ensuring basic water access, creating serious operational pressure.

Why Are Desalination Plants Vulnerable?

Desalination plants are typically located along coastlines, which makes securing them a complex task. Modern drone technology is capable of avoiding radar detection and carrying out precise strikes.

Even limited damage to key machinery could shut down operations for months, as repairs are costly and time-consuming. Heavy reliance on such infrastructure could therefore become a significant strategic weakness for Gulf nations.

Report by News24

05/03/26, Middle East war and it's Impact

 Iran said Wednesday that more than 1,000 people have been killed nationwide since the start of US-Israeli strikes over the weekend, as the conflict widened across the Middle East and fears grew over global energy supplies and regional stability

According to Iran's official news agency IRNA, the casualties include both civilians and military personnel.

"During the military aggression... 1,045 of our dear military personnel and civilians" were killed, IRNA said, citing a statement from Iran's Foundation of Martyrs and Veterans Affairs.

Asianet Newsable English was not in a position to independently verify the toll.

State funeral for Ayatollah Ali Khamenei postponed

Iran also announced that the state funeral for Supreme Leader Ayatollah Ali Khamenei - killed in the US-Israeli strikes - has been postponed.

"The farewell ceremony for the martyred Imam has been postponed. The new date will be announced later," Iranian television reported on Wednesday.

Authorities had earlier planned a tribute ceremony in Tehran on Wednesday evening, after which Khamenei's body was to be taken to the holy city of Mashhad for burial.

Officials said the delay was largely due to the anticipated turnout.

It was partly down to "the expected participation of millions of people and the need to provide the proper infrastructure" for such a crowd, Mohsen Mahmoudi, head of Tehran's Islamic Development Coordination Council, told state TV.

Strikes have continued to pound Tehran since Saturday, targeting military and government infrastructure across the capital.

Iran claims control over the Strait of Hormuz

In a major escalation with global implications, Iran's Revolutionary Guards said they now have total control of the Strait of Hormuz, one of the world's most critical energy transit routes.

The claim came as Israel launched another wave of strikes on Tehran and global shipping companies began suspending transit through the narrow waterway. Maritime agencies have reported several ships being attacked.

Energy markets reacted sharply, with prices already spiking amid fears that supplies could be disrupted.

Earlier, the Guards had warned ships against entering the strait. Meanwhile, the United States indicated it could deploy naval escorts for oil tankers.

US President Donald Trump said the US Navy was ready to secure shipping routes through the strategic channel.

War spreads across the region

The conflict has quickly spilled beyond Iran and Israel, affecting several countries in the Gulf and the wider Middle East.

A ballistic missile launched from Iran and heading toward Turkish airspace through Iraq and Syria was destroyed by air defence systems from NATO, Turkish officials said Wednesday.

Cities long considered relatively safe from regional conflict, including Dubai and Riyadh, have also been drawn into the crisis.

Saudi Arabia said it intercepted two cruise missiles and a drone targeting its massive Ras Tanura refinery. Drones struck near the US consulate in Dubai, sparking a fire, while a missile hit the US military base at Al-Udeid in Qatar.

Authorities in the UAE said Abu Dhabi had been targeted by three ballistic missiles and 129 drones, intercepting all but eight drones. Kuwait also reported casualties, including an 11-year-old girl killed by falling shrapnel.

The Pentagon said four of the six US troops killed so far in the war died in a drone attack in Kuwait.

Israel expands strikes, tensions rise in Lebanon

In Lebanon, Israel warned residents south of the Litani River to move north, saying the army was "compelled to take military action" against the Iran-backed group Hezbollah.

Israeli strikes hit areas around the presidential palace in Beirut and the group's strongholds in the southern suburbs of the capital. Lebanese authorities said at least 11 people were killed.

An air strike also hit a hotel in Hazmieh near Beirut - the first reported Israeli attack on the predominantly Christian suburb near several embassies and the presidential palace.

The expansion of the war into Lebanon has raised fears of a broader regional confrontation.

Leadership vacuum and rising tensions in Tehran

Following Khamenei's death, Iranian officials have said a successor will be appointed soon. Israel has already signalled it may target any new leader.

Israeli Prime Minister Benjamin Netanyahu and President Donald Trump have both urged Iranians to rise up, although Trump said regime change was not the stated goal of the operation.

"We are close, but the situation is a war situation," Ahmad Khatami, a member of the Assembly of Experts, told Iranian state TV.

Meanwhile, US officials said the initial barrage of strikes was unprecedented in scale.

The US military said it had hit nearly 2,000 targets since launching the operation, with a senior commander describing the first day's assault as larger than the 2003 "shock and awe" campaign in Iraq.

Civilians caught in the middle

In Tehran, many residents who have not fled the city are staying indoors, bracing for more strikes.

Normally home to around 10 million people, parts of the capital now appear unusually quiet.

"There are so few people that you'd think no one ever lived here," said Samireh, a 33-year-old nurse in Tehran.

The humanitarian toll continues to rise. Iran's Red Crescent earlier said US and Israeli attacks had killed 787 people, a figure that also could not be independently verified.

Beyond Iran, governments worldwide are scrambling to evacuate citizens as air travel across the region remains heavily disrupted.

Religious leaders condemn the war

In neighbouring Iraq, influential Shiite cleric Ali Sistani strongly criticised the conflict.

He denounced the war as "unjust" and called "on all Muslims and free people around the world to denounce" the war and "stand in solidarity with the Iranian people."

Sistani remains one of the most influential religious figures in the region, with followers across the Muslim world.

(Report by AsiaNet News with inputs from AFP)

05/03/26, Crypto

The price of the world's largest cryptocurrency, Bitcoin, saw sharp moves in Wednesday's session after remaining under pressure lately due to escalating tensions in the Middle East.

Bitcoin opened the session higher at $68,336 compared to the previous close of $68,336 and maintained momentum to cross the $70,000 mark, reaching a one-month high of $73,546, as investors stepped up buying amid volatile market conditions.

How much did other crypto assets gain today?

The world's second-largest cryptocurrency, Ethereum (Ether), posted similar gains, rising nearly 6.3% to $2,092 during the session.

Solana also advanced sharply, trading at $91.45, up close to 7.6%, reflecting broad-based strength across digital assets.

What is aiding the rally?

Strong inflows into US-listed spot Bitcoin ETF products on Tuesday, as well as the possibility of talks to end the Middle East conflict, have supported sentiment.

The world's largest cryptocurrency had weathered a rocky few days after US and Israeli forces attacked Iran on Saturday, at one point dropping as low as $63,038 that day.

Since then, investors have largely rallied around digital assets, with spot Bitcoin exchange-traded funds in the US raking in more than $680 million in inflows on Monday and Tuesday, according to data compiled by Bloomberg.

Crypto advocates have often compared the cryptocurrency to gold, viewing it as a digital version of the safe-haven asset that investors might turn to in turbulent times. That narrative failed to hold in recent months, as Bitcoin fell while gold rallied.

Still, crypto's volatility and the ongoing military action mean that any rebound in digital assets could be short-lived. The expanding war moved into its fifth day on Wednesday, with Israel and Iran continuing to exchange airstrikes and missile fire.

Bitcoin is still 43% off its record high

Although Bitcoin staged a strong comeback, it is still trading 43% below the all-time high of $126,198.07 recorded on October 7, 2025. The original cryptocurrency has gained 7.8% in the past week, helping to restrict year-to-date losses to a little more than 18%. It closed CY25 with a drop of 6.30% after delivering a massive 122% gain in 2024, followed by 156% in 2023.

Bitcoin continues to hold the 13th position in the global ranking of all assets by market capitalization, according to data published by companiesmarketcap.com.

Ethereum is also trading 58% below its all-time high of $4,953.73, recorded on August 25, 2025.

(Report by Mint with inputs from Bloomberg)

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

05/03/26, BSE share price: Shares of BSE will be in the spotlight on Thursday, March 5, as it received approval from the Securities and Exchange Board of India (SEBI) to launch derivative contracts on the SENSEX Next 30 index.

 

In a regulatory filing dated March 4, the stock exchange noted that the SENSEX Next 30 index tracks the next largest and most liquid companies in the BSE 100 that are in the derivative segment and not members of the BSE SENSEX 30 index.

It further added that the exchange will offer cash-settled monthly index futures and monthly index options with expiry dates as the last Thursday of the expiry period.

BSE stock performance

Shares of BSE closed 0.63% lower at ₹2,626.90 per unit on the National Stock Exchange (NSE) on March 4. However, the development was announced after the market closed.

During the trading session, the stock fell as much as 4.63% to an intraday low of ₹2,537 per equity share, amid a sell-off in capital market stocks, with the NIFTY Capital Market index ending 1.82% or 82.70 points lower at 4,452.95.

All the constituents of the NIFTY Capital Market index closed in the negative territory, as the stock market crashed amid escalating hostilities in West Asia.

On Wednesday, the SENSEX crashed as much as 1,795.65 points to touch an intraday low of 78,443.20, while the NIFTY50 touched the session's low of 24,305.40, on the back of a broad-based selloff.

The SENSEX plunged 1,122.66 points or 1.40% to close at 79,116.19. Meanwhile, the NIFTY50 tanked 385.20 points or 1.55% to settle at 24,480.50 on March 4.

The BSE stock has lost 5% in the past week and 9% over the month. On a year-to-date basis, however, it rose 0.3%.

While the scrip hit a 52-week high of ₹3,227 on February 11, 2026, it touched a year's low of ₹1,227.33 apiece on March 11, 2025.

BSE has a total market capitalisation of ₹1.07 lakh crore, as of March 4, 2026, according to data on the NSE.

source: Upstox

05/03/26, Indian equity markets are expected to remain under pressure on Thursday, March 5, 2026, as investors brace for continued volatility amid escalating geopolitical tensions in West Asia and surging crude oil prices.

 After witnessing three consecutive sessions of decline, benchmark indices are likely to open cautiously, tracking weak global cues and fragile investor sentiment.

Stock Market Outlook Today, 5 March 2026; Sensex, Nifty Prediction Today

On Wednesday, the Nifty closed at 24,480, down 385 points or 1.5%, although it recovered partially from intraday lows on value buying at lower levels. Broader markets also mirrored the weakness, with the Midcap 100 and Smallcap 100 indices declining 2.1% each.

India Vix Surges; Indian Rupee at Record Low

Volatility spiked sharply, with India VIX surging 23.4%, signaling heightened nervousness among traders. Meanwhile, the Indian rupee breached the Rs 92 per US dollar mark to hit a record low, adding to concerns over capital flows and imported inflation.

Sensex, Nifty Today: Key Triggers To Watch on March 5, 2026

According to Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services Ltd, sentiment is likely to stay fragile in the near term. He noted, "Markets are likely to remain cautious in the near term as evolving war developments and shifting geopolitical dynamics continue to create uncertainty and keep investor sentiments fragile." He further added, "With sentiment turning cautious, participants may prefer a selective approach while monitoring incoming global cues."

Khemka also highlighted sectoral preferences amid the uncertainty. "Amid prevailing uncertainties, we suggest investors to shift focus towards domestic themes, upstream Oil&Gas companies which is expected to benefit from elevated energy prices, and defence may remain in focus on the back expectations of increased defence spending."

He cautioned that given India's heavy reliance on oil imports, sustained strength in crude prices could pressure inflation and the current account, potentially keeping markets in negative territory.

From the fixed-income perspective, Amit Modani, Senior Fund Manager and Lead - Fixed Income at Shriram AMC, warned of deeper risks if geopolitical tensions escalate further. He stated, "While short-term volatility may present tactical trading opportunities, a prolonged and structural disruption to the Strait of Hormuz would represent a fundamental external shock to India's growth trajectory."

"In such a scenario, the risk-reward balance shifts away from aggressive duration positioning toward high-quality accrual strategies focused on delivering more stable, risk-adjusted returns amid elevated external uncertainty," Amit Modani added.

For Thursday's session, market participants will closely track developments in the US-Israel-Iran conflict, global crude oil price movements, and currency trends. Analysts expect Sensex and Nifty to trade with a negative bias, though intermittent pullbacks cannot be ruled out due to bargain hunting at lower levels.

Overall, volatility is likely to remain elevated, with defensive positioning and sector rotation dominating trading strategies

Report prepared by Harshika Yadav of good returns.in

04/03/26, war snaps

 

04/03/26, US&Israel vs Iran

As the conflict escalates in Middle East, Iranian strikes over the weekend reportedly damaged communication structures and radar systems on at least seven US sites.

The structures that have been damaged included radars used to track incoming missiles, satellite dishes and radomes – waterproof covers that protect sensitive, long-distance communication equipment, according to a report by The New York Times.

These strikes reportedly took place in military facilities in Bahrain, Kuwait, Saudi Arabia and the United Arab Emirates. The attacks come after US-Israel struck Iran, leading to the death of Supreme Leader Ayatollah Ali Khamenei

.According to the NYT report – that assessed the satellite imagery and verified videos – despite the difficulty to ascertain which exact systems were damaged, it appeared that Iran was targeting to disrupt the US military's ability to communicate and coordinate.

Additionally, it is also being reported that precision Iranian missile strikes also dismantled America's layered missile defence network across West Asia, reshaping Gulf power balance and exposing vulnerabilities in US air and missile defence architecture.

In an official statement, the Islamic Revolutionary Guard Corps (IRGC) declared that its Aerospace Force executed precision strikes that rendered the second THAAD battery “out of operational orbit,” while confirming the prior elimination of the associated radar at Al Ruwais base in the UAE, fundamentally degrading theatre-level ballistic missile interception capacity.

In Qatar, a tent surrounded by satellite dishes was destroyed in Al Udeid Air Base, the largest base in the Middle East, accommodating thousands of troops across a 6-mile wide area.

In Bahrain, the one-way attack drone struck down a randome in the US Navy's Fifth Fleet headquarters in Manama, Bahrain. Images from the following day showed that at least one other randome was destroyed.

The two structures demolished were AN/GSC-52B SATCOM terminals, key for high-capacity and near real-time communication, the report added.

Several structures at a military installation outside Al Ruwais in the United Arab Emirates were destroyed. Satellite imagery showed tightly clustered buildings and tents within a compound were heavily damaged. The base was struck again in the same general area.

The IRGC announced that the Prince Sultan Air Base in Saudi Arabia was targeted with missiles and drones. Subsequent satellite images showed that the base was largely destroyed.

04/03/26, Recovered from lower levels

 The equity benchmark indices Sensex and Nifty recovered part of their early losses on Wednesday amid value buying at lower levels, though both were still down nearly 1.4 percent in trade.

The Sensex had plunged 1,700 points, or 2.24 percent, to hit an 11-month low of 78,443.2 in early trade. The broader Nifty slumped 2.25 percent to a 10-month low of 24,305.4.

At around 3 pm, the Sensex was down 808.28 points or 1.01 percent at 79,430.57, while the Nifty was at 24,574.45,

 down 291.25 points or 1.17 percent.

Key factors behind market recovery

1) Value buying: Some buying interest emerged after a sharp fall at the open, helping the indices trim a portion of the losses.

2) Technical levels: The Nifty reclaimed the 24,400 mark, considered a key technical level by market participants.

Anand James, Chief Market Strategist at Geojit Investments, said recovery attempts following the gap-down opening would need to sustain above the 24,500 level to prevent further weakness. Failing this, the Nifty could slide towards the 24,000–23,550 range, he said. He also advised caution amid heightened volatility and the possibility of sharp swings.

3) Crude movement: In the commodities market, Brent crude, the global oil benchmark, recovered marginally from earlier losses. It was trading 0.87 percent higher at USD 82.11 per barrel.

Source:Network18

04/03/26, Does Silver drops to hit Ts150/- per gm

 I wrote an article on January 26, 2026, titled 'Silver is flashing a 1980s warning: Is a $125 rally or a 72% crash coming next?'

Feelings were strong at that time.

Targets were brave. Dreams were very loud.

Today, the real world is calmer and more serious. Silver fell almost 47%from its high of $121 on COMEX to $64. The metal hit a record high of Rs 4,20,000 per kg on MCX in India, but then fell to Rs 2,34,000, a drop of about 44%.

With the ongoing war between Iran and Israel, the gold is glittering, but can Silver resume the bullish momentum?

Or is the next stop on the way down $50?

First, honour the past. Silver has made some big moves in the past. After a huge rally in the 1980s, silver fell almost 72% from its high. If we use that historical standard to look at the recent high of $121, a 72% drop would bring the price down to about $35.

I don’t think $35 is going to happen so early. But history shows us that silver doesn’t correct politely. Markets go through cycles of excitement, happiness, distribution, and then decline. The structure right now suggests that the euphoria phase has ended and distribution has begun.

The first warning sign on the COMEX silver monthly chart

When I look at a market, I like to start from the top and work my way down. Look at the big picture first.

The RSI (Relative Strength Index) on the monthly chart of COMEX Silver went down right after the $121 high.

RSI tells you how fast the trend is. It is clear that the bullish momentum has weakened when it drops from high levels.

Imagine a car going up a hill. If the engine loses power, the car may still move forward for a while, but it will be hard to climb.

It’s not a small sign that the monthly RSI is going down. It tells us that the main trend may have changed from bullish to bearish. And the primary trend defines the long-term trend.

COMEX Silver daily chart: The rally in the trap

Silver fell sharply from $121 to $64, then rose sharply to $96 during times of geopolitical unrest. A lot of traders thought the bottom had formed. This is where knowing how to do technical analysis can help you potentially save money.

In a bear market, bounces don’t mean the market is going up; they mean you should sell. This is what happened on a technical level:

• The drop from $121 to $64 caused a bounce back to about $93-$96.
• This level was close to the 50% Fibonacci retracement level.
• The price also fell below a line that was going up.
• Fibonacci retracement simply helps beginners understand the extent of a price drop’s recovery. Prices often go back up 38% to 50% before falling again in strong downtrends.
• The rejection in the $93-$96 range was not strong. It was the return of supply.

This makes it more likely that silver may dip to $50 in the next few months

MCX Silver daily chart

The bull trap: Why recent bounces are selling opportunities

Silver fell to Rs 2,34,000, but then it went back up to Rs 3,00,000. The bounce came to an end close to the 38.2% Fibonacci retracement. With multiple rejections at Rs 3,00,000, it shows that sellers are looking for an opportunity to create a supply at higher levels. If a market can’t break through a psychological level again and again, it means that buyers aren’t sure.

MCX outlook: Will Silver hit Rs 1,50,000?

If COMEX Silver falls to $50, the price of MCX silver could probably fall to Rs 1,50,000 per kg. When a market can’t break through a psychological level over and over again, it means that buyers aren’t sure what they want. Yes, that sounds scary. But comfort doesn’t make the markets move. They move because of their structure.

What happened to the dreams of Rs 5,00,000?

Targets of Rs 5,00,000 per kg were common just a few months ago. When silver hit Rs 4,20,000, everyone was hopeful. But the markets don’t like too much optimism. This isn’t the first time. It won’t be the last.

What should investors and traders do?

Let’s be realistic.

1. Don’t go bottom fishing or trying to catch falling knives; it wastes money.
2. Wait for confirmation until the RSI goes up on the weekly and monthly charts.
3. Daily chart shows higher highs and higher lows.
4. Break through important levels of resistance of Rs 3,10,000.
5. Use Position Sizing – If you are putting money into silver ETFs or silver coins, avoid it.
6. Traders can short during rallies, but they need to set strict stop-losses.
   Investors should look for structural strength, not headlines.

The emotional story is slowing down right now, even during the war. The technical structure is weak because prediction is exciting in markets. And trading is equally difficult during the volatile times of war.

The Writer of the Article:

Mr Brijesh Bhatia is an Independent Research Analyst and is engaged in offering research and recommendation services with SEBI RA Number - INH000022075. He has two decades of experience in India’s financial markets as a trader and technical analyst.

Disclosure: The writer and his dependents do not hold the stocks discussed here.

Note: The purpose of this article is only to share interesting charts, data points and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, you are strongly advised to consult your advisor. This article is strictly for educative purposes only.

04/03/26, US Markets

The global markets continued to remain in a volatile state as the war in the Middle East escalated further. The US markets closed fairly lower after recouping the majority of the intraday losses on Tuesday.

The NASDAQ and S&P500 closed 1% lower, while the Dow Jones fell 0.8% after recouping from nearly 2.5% losses in the intraday.

The crude oil prices cooled off after President Trump announced providing US Naval support in escorting oil tankers from the Strait of Hormuz. The Brent crude oil prices cooled off from the $85 per barrel level to nearly $80 per barrel. Similarly, the WTI crude oil prices fell below the $75 per barrel mark on Tuesday.

The sharp jump in crude oil prices has raised the expectations for inflation back above the agreed target levels of 2%. Consequently, the US dollar index jumped to nearly 99 against the basket of six different currencies. The US 10Y also crossed 4.05% mark after jumping nearly 4% in two trading sessions as investors trimmed their bets on equities and precious metals.

In the stock-specific news, shares of Blackstone Inc fell as much as 7% on Tuesday after its private credit fund faced pressure for redemptions amid worries around the AI trade. The fund holds 25% of the portfolio as loans to software firms. The firm allowed 8% of the investors to redeem their funds from the private credit fund.

The Asian markets continued their fall for the second consecutive session as jitters of the Middle East crisis broadened across the globe. The Korean indices plunged nearly 11% in two trading sessions, while the Japanese indices are trading over 3.3 lower, falling nearly 10% in two days. Sharp spike in crude oil prices worried the global investors as they trimmed their bets from the Asian economies.

source: Upstox 

04/03/26, Economic Times Report on Stocks to Watch Today

Indian stock market investors will track key developments across the auto and corporate sectors in today's trading session.

Companies such as Allied Blenders, Adani Ports, LIC, RailTel Corporation, Capri Global are likely to remain in focus following their latest sales updates and strategic announcements.

Here's a detailed look at the stocks to watch today:

Stocks to Watch Today
LIC
Extended the tenure of its Chief Financial Officer, Sunil Agarwal, by one year.
Servotech Renewable
NREDCAP has terminated the company's Rs 73.7 crore renewable energy development order in Andhra Pradesh.
MAS Financial Services
Received RBI approval to commence factoring business operations.
Euro Pratik Sales
The Mumbai GST Department conducted a search at its offices; the company expects no material financial impact.
Adani Ports
February business update shows:
Cargo volumes up 16 per cent YoY to 42.5 MMT.
Logistics rail volumes grew 3 per cent to 52,101 TEUs.
Allied Blenders
Signed an agreement to acquire up to a 50 per cent stake in KION.
Cupid
Fixed March 9 as the record date for the allotment of bonus equity shares.
SBI
Deputy MD Nitin Chugh relieved from services after completion of contract.
RailTel Corporation
Board meeting scheduled for March 9 to consider a dividend proposal for FY.
Capri Global
Joined the Partnership for Carbon Accounting Financials (PCAF) to strengthen climate accountability.
UltraTech Cement
Board to meet on April 27 to consider Q4 results.
To acquire a 26 per cent stake in AMPIN C&I Power Forty Four for ₹15 crore.
Venus Remedies
Promoters approved the merger of Sunev Pharma Solutions and Spine Software Systems with the company.
HDB Financial Services
Chief Business Officer Karthik Srinivasan resigns.
Galaxy Surfactants
Appoints Narendra Saini as the new Chief Digital Officer.
Adani Enterprises
Its subsidiary Kutch Copper divests its entire 50 per cent stake in Praneetha Ecocables JV.
Power Grid
SEBI grants regulatory relaxation on certain compliance norms.
Stallion India
Approves rights issue allotment of 3.7 crore shares in a 19:41 ratio.
IOL Chemicals
Completes capacity enhancement:
Ethyl Acetate to 1.2 lakh MTPA
Acetic Anhydride to 32,000 MTPA
Total capex incurred: Rs 9.7 cr.ore.
AGI Infra
Opens its QIP with a floor price set at Rs 274.825 per share.
Shalby
Discontinues SOCE operations at its Rajkot and Lucknow facilities.
Dabur
To acquire a minority stake in luxury skincare D2C brand RAS Beauty for Rs 60 crore.
Cipla
Incorporates new arm "Cipla Middle East."
Forms a 60:40 joint venture with Kemwell Biopharma to manufacture biologics globally.

04/03/26, FinancialMarket Today

 The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday, tracking a sell-off in the global markets amid escalating US-Israel-Iran war.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,443 level, a discount of nearly 539 points from the Nifty futures' previous close.

The Indian stock market was shut on Tuesday, March 3, on account of Holi 2026.

On Monday, the Indian stock market ended sharply lower amid the escalating war in the Middle East, with the benchmark Nifty 50 slipping below 24,900 level.

The Sensex crashed 1,048.34 points, or 1.29%, to close at 80,238.85, while the Nifty 50 settled 312.95 points, or 1.24%, lower at 24,865.70.

Globally, equity markets are witnessing a heavy selling pressure due to the ongoing war in the Middle East as US and Israel continue their strikes on Iran, with the Islamic Republic retaliating with counter attacks on other countries including Qatar, Bahrain and Oman.

Here's what to expect from Sensex, Nifty 50, and Bank Nifty today:

Sensex Prediction

Sensex is well below short-term and medium-term averages, and on intraday charts, it is holding a weak formation, which is largely negative.

"We are of the view that the current market texture is weak but oversold; hence, a technical bounce-back from the current level is not ruled out. For day traders, 80,000 would act as a key support zone. As long as Sensex is trading above this, a pullback formation is likely to continue. On the higher side, it could bounce back till 80,500 - 80,700," said Shrikant Chouhan, Head Equity Research, Kotak Securities.

On the flip side, he believes below 80,000, Sensex is likely to slip till 79,700 - 79,300.

According to Mayank Jain, Market Analyst, Share.Market, the key support for Sensex at 78,500 - 78,700 is the "danger zone."

"Monday's low of 78,543 is the most important level to hold. If Sensex falls below this, the next safety net is at 78,000. Sensex may face resistance at 81,000 - 81,300. To show real strength, the index needs to climb back above 81,000," said Jain.

Nifty Options Data

In the derivatives segment, heavy put writing at the 24,800 strike and aggressive call writing at the 25,000 strike indicate a well-defined trading range. Traders are advised to remain cautious near crucial support levels and avoid fresh directional positions until a decisive breakout above resistance zones emerges, said Hitesh Tailor, Research Analyst - Research at Choice Equity Broking.

Nifty 50 Prediction

Nifty 50 formed a bull candle with a lower high and lower low and a bearish gap.

"A long green candle was formed on the daily chart with a sharp gap down opening. The market has bounced back from near the lows of Union Budget 2026 day-1st February. Technically, this market action indicates a sharp down trend in the market with reasonable buying emerging from the crucial supports," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying trend of Nifty 50 is down, and a further bounce from here could find a strong hurdle around 25,100 levels in the near term. However, any weakness below 24,600 could open further declines down to the next support of 24,300 levels.

Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse Ltd. said that the key support for Nifty 50 is placed at 24,600, and a decisive break below this level could extend the decline towards 24,200.

"On the upside, immediate resistance is seen at 25,000 and a break above the same will attract a short covering towards 25,200 levels. Momentum indicators and oscillators have already flashed a sell crossover, indicating a weak underlying tone. Adding to the cautious outlook, India VIX jumped 24% to close near the 17 level, signalling elevated market uncertainty," said Jain.

Riyank Arora, Associate Vice President - HNI & Derivatives, Hedged.in noted that Nifty 50 has entered a strong support and accumulation zone between 24,571 - 24,796, where early signs of stabilization are visible on the charts.

"A technical pullback towards 25,000 - 25,100 looks probable in the near term, with a possible extension towards 25,500 if momentum strengthens. The broader structure remains constructive as long as key support levels are respected," said Arora.

Bank Nifty Prediction

Bank Nifty index tanked 689.35 points, or 1.14%, to close at 59,839.65 on Monday, forming a bull candle with a lower high and lower low and a bearish gap below its base (60,438 - 60,177).

"The support zone of 59,400 - 59,300 will be crucial for the Bank Nifty index. A sustained move below 59,300 may accelerate the decline toward 58,800, followed by 58,300. On the upside, the region between 60,300 - 60,400 will act as the immediate hurdle. A decisive move above 60,400 will be essential for the index to regain momentum," said Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities.

Bajaj Broking Research said that the immediate bias for Bank Nifty remains down below Monday's gap down area (60,438 - 60,177) and pullback should be used as a selling opportunity.

"Volatility is likely to remain elevated amid uncertain global cues and escalating geo-political tension. On an immediate basis, the Bank Nifty index is likely to trade in the range of 59,200 - 60,600. A follow through weakness below Monday's low (59,148) will open further downside towards 58,200 - 58,000 levels in the coming sessions being the last month low," said the broking house.

source: MINT 

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of  us. We advise investors to check with certified experts before making any investment decisions.

03/02/26, why market is closed today

Indian stock exchanges will be closed on Tuesday for Holi, even as parts of the country will celebrate the festival on Wednesday (March 4).

The holiday has triggered some confusion among traders, with many noting that Holika Dahan fell late on March 2 and Holi will be marked across several states on March 4.

Both the National Stock Exchange and the Bombay Stock Exchange have declared a full trading holiday today (March 3). There will be no activity in the equity, derivatives and securities lending and borrowing (SLB) segments. However, trading will resume on Wednesday when major parts of the country will play colours.

The country's largest non-agricultural commodity bourse, the Multi Commodity Exchange of India (MCX), will remain shut in the morning session between 9 am and 5 pm on Tuesday, but will reopen for the evening session from 5 pm to 11:55 pm. On the other hand, The National Commodity and Derivatives Exchange (NCDEX) will remain closed for the entire day.

Holiday Date Sparks Debate

With Holika Dahan observed in many regions on March 2 and Holi festivities scheduled for March 4 in several states, some market participants questioned why the trading holiday falls on Tuesday this year.

"What is the use of holidays made for festivals, if its given on the Wrong Date. Last year it was Diwali and now Holi tomorrow. These are the 2 major festivals then how can this be ignored?," asked X user Sharad Jhunjhunwala.

He further said: "As a trader, I would boycott trading on March 4, and I call from everyone around to do the same, Lets see how Institutions get the Fill," he said.

In a previous post, the same user noted that Tuesday being lunar eclipse, the Holi celebrations are scheduled on March 4, even as Holika Dahan is being celebrated on Monday late night.

The Reserve Bank of India's holiday matrix reflects regional variations. The Reserve Bank of India listed Holika Dahan on March 2, while March 3 is marked for Holi (Second Day), Dol Jatra, Dhulandi, Holika Dahan or Attukal Pongala in different states. March 4 is separately recognised as Holi 2nd day, Dhuleti or Yaosang second day in certain regions.

Samir Arora of Helios Capital said markets should also remain shut on Wednesday, arguing that Holi will be widely celebrated that day. He added that a two-day closure would allow clearer visibility on developments in the Iran conflict and help avoid unnecessary volatility.

Iran War Triggers Market Plunge

The holiday follows a volatile start to the week. Benchmark indices tumbled on Monday (March 2) amid a global risk-off sentiment linked to escalating tensions in the Middle East.

The Nifty 50 closed 312 points, or 1.24%, lower at 24,865, while the BSE Sensex fell 1,048 points to settle at 80,238. Both indices had declined over 2% intraday.

Broader markets were also under pressure, with the Nifty Midcap 150 and Nifty Smallcap 250 dropping 1.7% and 1.9%, respectively. Larsen & Toubro and Reliance Industries weighed on the Nifty, while InterGlobe Aviation and L&T were among the top percentage losers. Twelve of the 15 sectoral indices on the NSE ended in the red, led by auto and energy stocks, even as defence, metal and pharma counters bucked the trend.