Day

March 18, 2026
Global oil prices are soaring, threatening India’s import-reliant economy. A potential $200 per barrel scenario looms, impacting refiners and oil marketing companies severely. While Reliance Industries shows resilience, upstream players like ONGC face price caps. Gas companies grapple with supply route disruptions, potentially affecting industrial users and CNG availability.
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Japan’s exports saw a robust 4.2% year-on-year rise in February, defying expectations and signaling continued global demand. Despite a dip in shipments to the US and China, regional Asian markets showed resilience. However, surging energy costs due to Middle East tensions pose a significant risk, potentially impacting inflation and the nation’s trade balance.
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Gold and silver prices edged lower on March 18, 2026 as investors adopted a cautious stance ahead of the US Federal Reserve policy decision. While gold remained largely steady, silver declined nearly Rs 2,000. Analysts expect continued volatility, with key support and resistance levels guiding near-term trading strategies for both metals.
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As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
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Apsis Aerocom is set for a strong market debut. The IPO saw robust investor demand, with a significant subscription rate. Grey market trends indicate a premium of around 24% ahead of its listing on the NSE SME platform. This suggests healthy listing gains for investors. The company operates in precision engineering for aerospace, defence, and...
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Oil prices dipped Wednesday following a rise in US crude inventories. However, ongoing geopolitical tensions, particularly concerning the Strait of Hormuz, suggest prices may climb. Experts predict Brent crude could reach $120 or even $150 per barrel if the conflict persists. This could impact global economies and prompt policy intervention.
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On March 17, six Nifty200 stocks appeared in the RSI Trending Up scan. Their RSI readings crossed above the 50 mark from lower levels, indicating strengthening price momentum. Traders often monitor this indicator to identify improving sentiment and potential bullish continuation opportunities in these counters within the broader market.
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Japan’s Nikkei index surged on Wednesday, driven by technology stocks. Investors eased worries about rising oil prices, boosting market sentiment. Advantest and SoftBank Group saw significant gains. Shipping firm Mitsui OSK Lines and Mitsubishi Materials also experienced strong upward movement. Tokyo Electric Power also jumped on investment interest. Chugai Pharm was the sole decliner.
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