Day

March 18, 2026
​ Waaree Energies shares climbed significantly on Wednesday. This surge follows the company’s announcement of a major solar ingot and wafer manufacturing facility in Nagpur. The 10 GW capacity unit is set to boost India’s clean energy manufacturing. Additionally, Waaree Energies is now the title sponsor for Rajasthan Royals. This partnership aims to promote clean...
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Japan’s Nikkei share ​average ended nearly 3% higher on ​Wednesday, led by chip and artificial intelligence-related stocks, as ​concerns over the economic impact of surging oil prices subsided.
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Realty firm Godrej Properties Ltd has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of Rs 1,350 crore.
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Metal stocks, once among 2025’s top performers, have slipped up to 15% since the Iran–Israel/US conflict began on February 27. Despite showing resilience versus other sectors, high valuations and global risk-off sentiment are weighing on the space, leaving metals vulnerable to a deeper correction amid elevated macro uncertainty.
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Airlines IndiGo and SpiceJet saw their share prices dip after the DGCA mandated that at least 60% of flight seats must be offered without selection charges. This passenger-friendly directive also requires airlines to seat passengers on the same PNR together and transparently display passenger rights, especially during disruptions.
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Goldman Sachs has lowered India’s growth forecast by 0.5%. The West Asia conflict is creating a unique oil shock. This impacts India’s exports, energy imports, and remittances simultaneously. The rupee may weaken to 95 against the dollar within a year. Government fiscal policy will absorb domestic shocks. The external account faces challenges.
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Brokerage Nomura maintains a Buy rating on Indian Hotels Company Ltd. The target price is now Rs 800, a slight reduction. Nomura anticipates a limited impact in the fourth quarter of fiscal year 2026. Conditions are expected to normalize over the next two to three months. This outlook supports a positive medium-term view on the...
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Dalal Street shows improved sentiment after three consecutive gains, but experts caution it’s a technical pullback from oversold levels, not a full recovery. While historical data suggests limited downside and strong recovery potential, investors are advised to view current dips as buying opportunities for medium-term portfolio construction.
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Goldman Sachs predicts the Indian rupee could weaken to 95 against the dollar within a year due to the Iran conflict’s impact. While inflation is currently stable, rising oil prices and a depreciating rupee might force the Reserve Bank of India to tighten monetary policy later.
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Jio Platforms has appointed 17 global and domestic investment banks, including Goldman Sachs and Morgan Stanley, to begin work on its mega IPO. With valuation estimates near $180 billion, even a 2.5% float could become India’s largest-ever public offering.
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