The Indian rupee ​fell to a record low on ​Friday on concerns that the Iran war-induced surge in ​oil prices could disrupt the South Asian nation’s growth-inflation dynamics and dent capital flows, with traders also pointing to elevated offshore dollar bids.Read More

Despite a Rs 10 lakh crore market wipeout triggered by the Iran conflict, nearly 50 stocks showed resilience. Select gainers—including ACME Solar Holdings, L&T Technology Services and IFCI—outperformed even as benchmark indices and broader markets sank under geopolitical and crude-driven pressure.Read More

Global crude oil prices could surge to as high as USD 150 per barrel if the Strait of Hormuz remains closed for the next four to eight weeks, according to a report by Nuvama.Read More

European shares fell on Friday and were headed for a second weekly loss, as ‌escalating conflict ⁠in the ⁠Middle East and inflation worries dented risk appetite.Read More

Australian shares ended slightly lower on Friday as ​losses in miners outweighed gains in financials, while the Middle East conflict stoked inflation concerns and lifted expectations of a central bank rate hike next week.Read More

Japan’s ​Nikkei closed lower on Friday ​and posted a second consecutive weekly decline of 3.2%, ​as escalating tensions in the Middle East fuelled inflation concerns and prompted investors to dump riskier assets.Read More

Muthoot FinCorp is raising up to Rs 600 crore by selling bonds to retail investors. The bonds offer yields between 8.70% and 9.10%. This fundraising will support business growth, lending activities, and debt repayment. The issue is open until March 23. The bonds carry high safety ratings from Crisil and Brickwork Ratings.Read More

Shares of eClerx Services appeared to plunge 50% after turning ex-date for its 1:1 bonus issue, but the decline was only about 6% as the price adjusted for the corporate action. The stock opened sharply lower on the NSE before extending losses amid broader market weakness.Read More

​Indian equity markets are currently under pressure due to rising geopolitical tensions, particularly the escalating conflict involving Iran, Israel, and the United States. The benchmark Nifty 50 has declined nearly 10% from its 52-week high, while the broader market has been hit even harder, with the Nifty Microcap 250 index falling around 18%. Notably, about...Read More

UBS initiated coverage on Eureka Forbes with a ‘Buy’ call, identifying it as a ‘steady earnings compounder’ with under-appreciated scale advantages in water purifiers and services. The brokerage set a target price of Rs 640, citing market growth driven by health awareness and expanding consumer base.Read More