Day

March 5, 2026
Reliance Industries shares jumped as brokerages said the recent selloff was overdone and noted the company could benefit from rising crude prices amid Middle East tensions. Analysts expect supply disruptions to boost refining margins, with diesel cracks surging to $35–$42 per barrel, potentially benefiting the company’s oil-to-chemicals business.
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Gujarat Gas share price: Gujarat Gas shares plunged 7% after it issued force majeure notices to industrial customers as the US-Iran war disrupts R-LNG availability, severely constraining supplies. Citing the Middle East conflict as an ongoing event, the company said the financial impact cannot yet be estimated. This is the second energy-sector force majeure triggered...
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US tech stocks rallied despite the ongoing US–Iran conflict, lifting global sentiment and boosting optimism for Indian IT names. Strong gains in megacap tech, robust US services data, easing inflation, and a sharply weaker rupee — which benefits IT exporters — have improved near-term outlook for Indian IT cos even after last month’s sharp sector...
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Bombay Stock Exchange shares saw a rise on Thursday. This followed market regulator SEBI’s approval for BSE to introduce derivative contracts. These contracts will be for the BSE Sensex Next 30 index. The index tracks the next largest and most liquid companies in BSE 100. BSE will offer cash-settled monthly index futures and options.
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Five large-cap stocks, including Swiggy and Fractal Analytics, formed a bullish White Marubozu candlestick pattern on technical charts, signalling strong buying pressure and hinting at a potential near-term uptrend as buyers dominated trading from open to close.
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South Korean President Lee Jae myung ordered the activation of a $68 billion market stabilisation fund to counter rising volatility driven by the escalating Middle East crisis.
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Hindustan Unilever has completed the sale of its stake in Wellbeing Nutrition for Rs 307 crore. USV Private Limited acquired a majority stake in the wellness supplement brand. Wellbeing Nutrition offers various health products and has seen revenue growth. HUL also recently acquired full ownership of OZiva.
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South Korea’s KOSPI index surged 12% on Thursday, recovering from its worst-ever daily drop, fueled by hopes of U.S.-Iran diplomatic progress. Global oil price stabilization and Wall Street’s resilience also boosted market sentiment. The government affirmed readiness to deploy market stabilizing measures if needed.
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Indian stock markets are experiencing a sharp decline due to escalating Middle East tensions. Experts advise against panic selling, urging investors to identify quality businesses for long-term gains. Brokerages are recalibrating portfolios, favoring domestic cyclicals and specific sectors. While near-term volatility persists, historical data suggests geopolitical conflicts lead to temporary corrections, presenting opportunities for patient...
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Gold and silver prices opened sharply higher on the Multi-Commodity Exchange of India on Thursday. Escalating Middle East tensions boosted safe-haven demand. A softer US dollar also made bullion more attractive. MCX Gold futures for April 2026 delivery rose over Rs 1,600. Silver futures for May 2026 delivery soared by Rs 8,700.
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