Market News

Avoid IT for now, look at pharma; Titan, Maruti, M&M, Eicher Motors in focus: Dipan Mehta

Dipan Mehta, Director at Elixir Equities, advised investors to stay cautious on IT services stocks as the sector faces uncertainty from AI-led disruption. He said it remains unclear which companies will emerge as long-term winners, making it better to wait for clearer earnings trends. Mehta suggested pharma as a relatively safer sector in the current market environment. He added that stocks such as Titan, Maruti Suzuki, M&M and Eicher Motors remain strong long-term plays, though he prefers M&M and Eicher Motors for fresh investments within the auto sector.

Could the West Asia conflict drag Nifty 50 down to 22,000?

Whether the Nifty 50 recovers from here or drops further to 22,000 depends heavily on the duration of the current geopolitical crisis and the resulting oil shock. Let's take a closer look at landscape.

India fully geared to meet coal demand surge amid Iran‑Israel war energy concerns

India stands ready to tackle any unforeseen escalations in coal demand, with a remarkable inventory of around 210 million tonnes of coal — ample for nearly 88 days of energy production. The current scenario showcases a surplus, as coal output and supply surpass what is needed.

Wednesday wipeout: investor mood sours after Tuesday’s brief respite

Renewed West Asia hostilities triggered a broad sell-off, erasing ₹5.48 trillion in BSE market cap as benchmark indices hit 10-month lows. While oil-sensitive sectors face margin compression, analysts suggest current valuations offer long-term entry points despite rising volatility.

Retail investors flock to weekly options despite regulatory curbs and losses

Combined average daily premium turnover (ADT) of index options such as Nifty and Sensex rose 5% even as combined cash market ADT dipped by almost 8% in the current fiscal through 9 March (FY26), from the same period a year ago.

Rupee tailwind vs AI scare: Are India's beaten-down IT stocks attractive enough to buy amid US-Iran war?

Indian IT stocks are facing a dual challenge. Fears of artificial intelligence disrupting traditional outsourcing models are weighing on the sector. However, geopolitical tensions and a weaker rupee are providing unexpected support. Analysts are divided on whether current valuations offer attractive entry points for long-term investors. The sector is at a crossroads, with a structural transition underway.

Kotak Bank Share Price Live Updates: Kotak Bank's Current Market Position

HDFC Life Share Price Live Updates: HDFC Life's Current Market Valuation

Silver rate today slips marginally on softer dollar, falling oil prices: Should you buy amid current volatility?

Silver rates declined on March 11 due to investor caution amid the US-Israel-Iran war, with gold benefiting from easing oil prices and a weaker dollar. Geopolitical tensions are disrupting oil supply, contributing to ongoing market volatility and uncertainty over future interest rates.

Market volatility offers long-term buying opportunity; positive on pharma, banking: Shriram Life CIO

Ajit Banerjee, President and CIO at Shriram Life Insurance, said the recent market volatility is being used as a long-term buying opportunity. He noted that improved valuations and stable macro fundamentals make current levels attractive for investors with a long-term horizon. The firm has increased exposure during the correction, with a positive view on sectors such as pharma, banking and infrastructure. Banerjee added that near-term market moves are largely news-driven and should not distract long-term investors.

Laurence Balanco of CLSA highlights this as a key Nifty level — Five key takeaways

CLSA's Balanco said that as long as the IT index remains below 31,700, which is still 6% away from current levels, the index will remain in a downtrend.

Motilal Oswal recommends buying these four defence stocks for up to 38% upside

Motilal Oswal said that the current West Asia conflict is likely to drive higher global defence spending as nations will prioritise security and military preparedness. It added that India's defence sector is well positioned to benefit from both rising domestic procurement and increasing export opportunity, supported by the government's push for indigenization and a growing reputation in the global arms market.