GAGA Share Market News

[hfe_template id='11223'] [ad_1] Ongoing geopolitical tensions in West Asia continue to weigh on Indian equities, despite occasional one-off rallies. The benchmark Nifty has dropped sharply from its highs, raising concerns over how deep the current correction could run. Analysts are eyeing the 21,000-22,000 range as a potential stabilisation zone, as technical structure, valuation metrics, and historical patterns begin to converge around that band. After peaking near 26,350, the Nifty has entered what analysts describe as a meaningful corrective phase. The index has already fallen to around 23,200 within a short span, altering the near-term market structure and weakening momentum. According to market expert Abhishek Parakh, corrections in equity markets tend to extend beyond initial expectations before forming a durable base. “Corrections rarely end when investors expect them to. They usually extend just enough to test conviction before a stronger base begins to form,” h...

[hfe_template id='11223'] [ad_1] Shares of Tilaknagar Industries rallied as much as 3.3% to their day’s high of Rs 458 on Tuesday after domestic brokerage firm JM Financial initiated coverage with a Buy rating on the counter and a target price of Rs 550. The target implies an upside potential of 25% from current market levels. The company is among the top five spirit players in India and now a formidable player in two of the largest sub-segments of IMFL - whisky and brandy, which account for 65% and 20% of the industry, respectively. The company’s portfolio includes flagship brands such as Mansion House, a leader in brandy, and Imperial Blue, the second and third largest brands in the lower prestige and overall IMFL segment. Here are 4 reasons behind the bullish call 1.) Big bet on premiumisation - To extend its growth runway, TIL has focused on expanding its presence in the IMFL category, particularly in the large whisky segment and the fast-growing white spirits segmen...

[hfe_template id='11223'] [ad_1] Shares of Adani Total Gas fell as much as 3.5% to an intraday low of Rs 544 on the BSE on Monday, extending losses for a second straight session and taking the cumulative decline to nearly 11% over the period. The weakness in the stock comes after investors booked profits following a sharp 30% rally in just three trading sessions. Over the weekend, the company also cut the price of excess natural gas supplied to select industrial customers to Rs 82.95 per standard cubic metre (SCM), down from Rs 119.90 per SCM, with the revised rate taking effect from 0600 hours on March 16. The reduction follows a softening in upstream gas prices amid ongoing supply disruptions. Last week's rally came after the government’s issuance of the Natural Gas (Supply Regulation) Order, 2026, which seeks to prioritise gas allocation to essential sectors amid supply disruptions triggered by the ongoing conflict in the Middle East. The move also comes amid risi...

[hfe_template id='11223'] [ad_1] Shares of power firms, including NTPC Green Energy and Tata Power, fell up to 3% on Monday, as investors appeared to book profits after last week’s sharp rally driven by expectations of stronger demand amid soaring temperatures. NTPC Green shares declined 3% on Monday to trade at Rs 95.05 apiece, after jumping 10% in one week despite broader weakness in the stock markets. JSW Energy shares declined around 2%, while Tata Power shares fell over 1% in the morning. Both these stocks have gained around 5% in one week. Temperatures have seen an unusual rise as spring gradually fades away to welcome the summer season. The World Meteorological Organisation (WMO) said that there is a widespread signal for above-average land surface temperatures during the March-May period due to various climatic conditions. Within the first 10 days of March, the weather department has issued three heatwave warnings for Mumbai. Temperatures in Delhi remained height...

[hfe_template id='11223'] [ad_1] Shares of Bajel Projects soared as much as 14% to their day’s high of Rs 160 on the BSE on Monday after it secured an ultra mega order worth over Rs 700 crore from Maharashtra State Electricity Transmission Company Limited (MSETCL) for the development of a 400/220 kV Air Insulated Switchgear (AIS) substation at Saswad in Pune district, along with associated transmission lines. The contract marks the largest single order won by the company in its power transmission business. The project involves the complete turnkey EPC execution of the 400/220 kV AIS substation at Saswad, Pune. The scope covers design, supply, erection, testing and commissioning of the facility, along with all related transmission lines. It also includes civil works and the full erection, testing and commissioning components required for the project. At the core of the project is the construction of a greenfield 2×500 MVA, 400/220 kV AIS substation at Saswad. The facility...

[hfe_template id='11223'] [ad_1] The shares of Adani Power gained around 5% on Monday after the company announced that it had secured a letter of award (LoA) from the Maharashtra State Electricity Distribution Company (MSEDCL) for the supply of 1,600 MW of thermal power. The Adani Group company said the power will be supplied from one of its upcoming ultra-supercritical thermal power projects (USCTPP). The LoA comes after the company emerged as the lowest-tariff bidder in the competitive bidding process, offering power at a combined tariff of Rs 5.30/kWh. The supply of power under the proposed 25-year Power Supply Agreement (PSA) is scheduled to commence in the financial year 2030–31, the firm said. “This achievement marks yet another PSA win for APL during a period of renewed surge in investments in the thermal power sector. Adani Power has established itself as a leading provider of new generation capacity, supporting the nation’s goal of adding 100 GW of thermal power...

[hfe_template id='11223'] [ad_1] Citi Research has trimmed its year-end target for India's Nifty 50, citing mounting risks to growth and corporate earnings and as surging oil and supply shocks from the escalating Middle East war worsen the outlook for Asia's third-largest economy. Citi has cut the target to 27,000 from 28,500 earlier, implying a 17% upside from the Nifty's ‌last close. The ⁠brokerage also ⁠lowered the Nifty target multiple to 19x from 20x 1-year forward price-to-earnings ratio. While India's fiscal and monetary response hinges on the conflict's duration and severity, the "earnings impact is a function of how prolonged the supply shutdown is," analysts led by Surendra Goyal of Citi Research said on Monday. Citi estimates that three months of supply disruptions could shave off 20-30 basis points off India's growth in fiscal year 2027, ⁠raise inflation ‌by 50-75 bps, widen the fiscal deficit by 10 bps and add $25 billion ...

[hfe_template id='11223'] [ad_1] Shares of Vodafone Idea (Vi) jumped more than 5% on Monday after The Economic Times reported that Singapore-based ST Telemedia and India’s JSW Group, among a few other domestic and global investors, are in talks with the telecom giant for a potential stake acquisition. The talks are currently exploratory, and there is no certainty they will result in a deal, people familiar with the matter told ET. The renewed investor interest in the loss-making company comes after it received substantial financial relief earlier this year from the government, which is also its largest shareholder. IDBI Bank shares tumble 15% as govt likely to halt divestment process: Here’s why “There are a few serious suitors for the company, and simultaneous talks are going on with them,” one of the people close to the matter said. The company’s management is scheduled to meet institutional investors in Singapore and Hong Kong on March 16 and 17. The government, which...

[hfe_template id='11223'] [ad_1] Indian equities have witnessed a sharp correction in 2026 amid heightened global volatility and uncertainties, leading to significant erosion in market value across segments. While Nifty has declined over 11% since the beginning of the year Nifty Midcap and Smallcap indices are down by around 10% each. Analysts say market volatility is expected to persist in the near term as geopolitical tensions in West Asia continue to disrupt the energy sector and push crude oil prices higher, while uncertainty around shipping routes through the Strait of Hormuz keeps risk sentiment fragile. Any meaningful de-escalation in the conflict involving Iran, Israel and the US could provide relief and support a recovery in equities, while further escalation may keep markets under pressure. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 99 points, or 0.42 per cent, at 23,302, signaling that...

[hfe_template id='11223'] [ad_1] Mumbai: Barclays Plc is in advanced preparations to restart the equity capital market (ECM) business in India, ten years after the London-headquartered bank shut down its ECM and allied broking and research divisions as part of an Asia-wide purge, said people familiar with the development. The bank is scouting for senior executives to start operations as it wants to take a larger wallet share of corpo rate clients for whom it does debt and mergers and acquisitions (M&A) advisory currently, the people said, adding that the new vertical could be up and running in the next few months. "It is now an open evaluation and a decision will be made in the next couple of months. The logic is to get a higher share of client wallets which continue to be serviced in India. The bank has an established business on the debt side and M&A with a lot of large clients. It makes sense to expand in this side of the business to deepen the franchis...

[hfe_template id='11223'] [ad_1] The prospect of a prolonged Iran war and elevated oil prices is prompting stock investors to reassess a broader array of industries, including less obvious targets from food delivery firms to cosmetics makers amid supply disruption news. Here's a look at some sectors under investor scrutiny as broader consequences of the war unfold. Chipmakers Qatar's closure of a major liquefied natural gas plant after an Iranian drone attack has taken about a third of global helium production offline, Bloomberg Economics estimates. That's a hit to chipmakers since it's an essential component of production and there's no substitute. Surging energy prices also threaten to dampen demand for semiconductors by driving up the operational costs of AI data centers. Food and Stoves Supply disruptions in West Asia, where India sources most of its gas, have created acute shortages in its cooking gas market. That has pummeled shares of Etern...

[hfe_template id='11223'] [ad_1] The shares of Rajputana Stainless Ltd are likely to make a muted stock market debut next week, with grey market signals indicating limited listing gains for the stainless-steel products manufacturer. According to market trackers, the grey market premium (GMP) for the Rajputana Stainless IPO currently stands at around 0%, suggesting expectations of a largely flat listing when the company’s shares begin trading on March 16 on the BSE and NSE. The company’s Rs 255 crore IPO was open for subscription between March 9 and March 11 and received a modest overall response from investors. The issue was subscribed 1.12 times at the close of bidding. Institutional and high-net-worth investors drove most of the demand in the issue. The qualified institutional buyers (QIB) portion was subscribed 2.51 times, while the non-institutional investor (NII) category saw a subscription of 2.59 times. In contrast, the retail investor segment remained largely sub...

[hfe_template id='11223'] [ad_1] Foreign institutional investors (FIIs) offloaded domestic equities worth Rs 52,704 crore in the first fortnight of March, with Friday witnessing the highest single-day outflow of 2026 at Rs 10,717 crore. Foreign portfolio investors (FPIs) have offloaded Indian equities worth Rs 66,051 crore on a year-to-date basis. This has turned out to be the worst month so far, as foreign investors continue pulling out of their Indian investments. The significant exodus is on the back of the Iran-Israel/US war that is now in its 15th day, with no signs of a truce. However, Reuters reported that U.S. President Donald Trump told G7 leaders ‌in a virtual meeting on Wednesday that Iran is "about to surrender." The report itself quoted Axios. They turned net buyers in February, buying shares worth Rs 16,912 in the domestic markets so far. The trend reversal comes on the back of improved Q3 earnings. Live Events The Domestic Institutional Investor...

[hfe_template id='11223'] [ad_1] Stock exchanges BSE and NSE are conducting mock trading sessions for equity, commodity and currency derivatives on Saturday from the primary site (PR) and Disaster Recovery Site (DR). The mock trading is merely for the purpose of testing and familiarisation. The trades resulting from such mock trading will not attract any margin obligation or pay-in and pay-out obligation, and they will not create any rights and liabilities. Trading members using third-party trading platforms can also use this opportunity to test their respective trading applications during the mock trading session for various functionalities (including exceptional market conditions), viz., various types of call auction sessions, risk-reduction mode, trading halt, block deals, etc. Here's the schedule of trading sessions: - Log-in - 09:15 am to 09:45 am - Morning Block Deal Window (PR): 09:45 am to 10:00 am - Continuous Trading T+1 (PR): 10:15 am to 01:00 pm - Conti...

[hfe_template id='11223'] [ad_1] Investing has traditionally been shaped by human judgment—port analysing companies, interpreting macroeconomic signals, and making decisions based on experience and intuition. While this approach has produced many successful strategies, it is inherently constrained by human bandwidth and individual bias. Considering the above, research teams can track a limited number of companies, process a finite volume of information, and react within time-bound constraints. Systematic investing represents a meaningful evolution in this framework. It combines human expertise with machine-driven analytical power to create a more structured and scalable investment process. In essence, systematic investing brings together two complementary strengths: Human insight — experience, judgment, and economic understanding Machine intelligence — speed, scale, and analytical precision This fusion allows the investment team to analyse vast datasets, evaluate market ...

[hfe_template id='11223'] [ad_1] On 17 April 2020, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, announced a significant change to India’s foreign direct investment policy (FDI Policy) through Press Note No. 3 (2020 Series) (Press Note 3). Pursuant to Press Note 3, any investment by an entity incorporated in a country sharing a land border with India, or where the beneficial owner of the investment into India is situated in or is a citizen of such a country, requires prior approval of the Government of India. This change was introduced in the backdrop of the economic disruption caused by the COVID-19 pandemic, with the stated objective of curbing opportunistic takeovers and acquisitions of stressed Indian companies. At the same time, the measure was widely viewed as a response to growing geopolitical concerns, particularly in relation to investments originating from China, given the rising ten...

[hfe_template id='11223'] [ad_1] Sadanand Date assumed charge as Executive Director at Sebi on March 4 to head the investigations department, the markets regulator said on Friday. Date is a 2007-batch IPS officer of the Uttarakhand cadre. Prior to joining Sebi, he was on central deputation to the Central Bureau of Investigation (CBI), where he served in several key roles, including Superintendent of Police in the Anti-Corruption Branch (ACB) and Bank Securities and Fraud Cell (BSFC), the regulator said in a statement. He also headed multiple branches in Mumbai, including the Economic Offences Branch, Special Crime Branch, Special Task Branch and Anti-Corruption Branch. During his tenure with Uttarakhand Police, Date held several leadership positions and served as Superintendent of Police or Senior Superintendent of Police in various districts, such as Uttarkashi, Nainital, Haridwar, Udham Singh Nagar and Dehradun. Live Events He also briefly served as Inspector General (...

[hfe_template id='11223'] [ad_1] Even as the Iran–Israel/US war has made global markets highly volatile, Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India, said on Saturday that past disruptions show periods of extreme volatility do not last forever, and markets eventually stabilise. The Sebi chief said the market's real test is not the presence of volatility but whether the existing system is able to function smoothly, fairly and efficiently. He noted that past disruptions like the COVID-19 pandemic and the Russia–Ukraine war showed that periods of extreme volatility are temporary and markets eventually stabilise. Pandey advised investors, especially retail participants, to remain patient during such phases. He added that the real test of financial markets is not the absence of volatility but their ability to function smoothly, fairly and efficiently despite uncertainty. "... geopolitical tensions continue to influence economic relation...

[hfe_template id='11223'] [ad_1] Government-backed National Asset Reconstruction Company (NARCL) is set to acquire the ₹1,500 crore debt of Kurukshetra Expressway (KEPL) because no other buyer has offered a better price, said a person familiar with the details. NARCL has offered to buy the "bad loans" of KEPL for ₹345 crore. NARCL is also most likely to complete the acquisition of BLA Power's ₹738-crore debt, as no company has expressed interest to beat the ₹285 crore anchor bid from the "bad loan" aggregator. "Banks are in the process of signing final documents in the KEPL case, while in the case of BLA, too, there was no one who turned up in the Swiss auction. But Friday is the last day for declaration of the successful applicant, which will be announced by the end of business hours," said a person familiar with the details. KEPL failed to repay its bank loans after its toll project on the Rohtak-Bawal section of National Highway 71 in...

[hfe_template id='11223'] [ad_1] Indian stock markets have seen a massive crash this week as escalating tensions between Iran and the US-Israel grabbed the headlines. But history shows that such geopolitical crises mostly impact panic-stricken investors, as markets simply forget such developments in the long run, WhiteOak Capital Mutual Fund highlighted. In a report titled ‘When the World Feels Dangerous: Why Your Portfolio Shouldn’t Panic’, WhiteOak Capital Mutual Fund said that the panic in the markets during every crisis is driven by the illusion of “this time is different”. It explained how every geopolitical crisis feels uniquely terrifying for the investor living through it, making the urge to do something overwhelming. “But here’s what the data shows: geopolitical crises are terrible for headline-hugging investors, and largely irrelevant to long-term investment returns,” it added, citing data on how markets reacted after every major crisis. How markets reacted dur...

[hfe_template id='11223'] [ad_1] Jefferies has cut its target price on Reliance Industries (RIL) as it pushes out its assumptions on a Jio tariff hike and factors in a likely delay in the Jio IPO. However, it highlights that Reliance’s oil-to-chemicals (O2C) business is emerging as a key beneficiary of Middle East–driven supply disruptions. The global brokerage said it has lowered Jio’s FY27 and FY28 EBITDA estimates by 10% and 6%, respectively, after shifting its expected tariff increase from June 2026 to December 2026. “We cut our FY27-28 revenue and EBITDA estimates by 5-10% as we shift our tariff hike assumptions from Jun-26 to Dec-26,” the brokerage noted, citing both macro and regulatory factors. Jefferies flagged two key reasons for the push-out: “First, the potential rise in inflation due to rising energy prices may impact telcos' ability to take up tariffs. Second, the final gazette notification for the minimum 2.5% float for large IPOs is still awaited. Thi...