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The Indian ​rupee logged its biggest one-day ​gain in a month on Thursday after the ​Reserve Bank of India stepped in aggressively to shore up the currency, with bankers expecting the central bank to stay on guard as geopolitical risks persist.
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Manpower and toll plaza management services provider Innovision Ltd on Thursday said its Rs 323-crore initial share-sale will open for public subscription on March 10.
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State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) on Thursday fixed a price band of Rs 99 to Rs 100 per unit for its upcoming Rs 6,000-crore Initial Public Offering (IPO).
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India’s volatile equity market still delivered strong smallcap rebounds. About 14 stocks that fell over 35% in FY25 surged 50%–500% in FY26, turning last year’s biggest losers into standout winners with sharp rallies across sectors, highlighting renewed investor interest in beaten-down smallcap companies.
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India’s metals sector has performed well. However, experts suggest that significant further gains may be difficult now. Valuations have risen, making entry tricky. Investors can hold existing positions, but substantial new upside is unlikely. Dips are still buyable, but the sector offers less safety. Coal India shows promise due to global factors.
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