VA Tech Wabag share price gained over 5% after it secured a major contract from Chennai Metropolitan Water Supply and Sewerage Board. The project involves building a looped transmission network for Greater Chennai City. This initiative aims to create a city-wide water grid for improved supply and resilience. The contract value is around Rs 1,000 crore. Wabag’s order book now exceeds Rs 16,300 crore.Read More
Shares of oil marketing companies HPCL, BPCL and IOC will remain in focus as global crude prices stay above $100 amid escalating tensions in West Asia and the prolonged disruption of the Strait of Hormuz. Analysts warn that sustained high crude prices could pressure margins and fuel inflation concerns.Read More
On March 13, the closing prices of five stocks from Nifty500 dropped over 2.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com’s technical scan data.Read More
Global tensions and rising oil prices are causing market swings. Indian markets are correcting, creating chances in power, infrastructure, and auto sectors. Investors should stay disciplined and focus on long-term growth. Foreign investors are selling, while domestic inflows continue. The rupee is weakening, impacting inflation and imports. Crude oil above $100 poses risks but forex reserves offer some buffer.Read More
IndiGo shares will remain in focus after the airline introduced a fuel surcharge on flights amid a sharp rise in aviation turbine fuel prices linked to geopolitical tensions in West Asia. The carrier is also adjusting its flight network and temporarily suspending several routes as it navigates airspace restrictions and higher operating costs.Read More
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