Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Southwest Monsoon Likely To Reach Andaman Sea By Week's End: IMD
Conditions are becoming favourable for the advance of southwest monsoon likely over parts of south Bay of Bengal, Andaman Sea and Andaman & Nicobar Islands towards the end of this week.
Fertiliser subsidy bill set to overshoot budget estimate of Rs 1.71 lakh cr amid West Asia crisis
India's fertiliser subsidy bill for fiscal 2026-27 is set to surpass its budget. Rising costs of imported urea and other fertilisers are driving this increase. Despite global supply chain issues, fertiliser availability for the kharif 2026 season remains strong. Domestic production and imports are being managed to meet demand. States are actively stocking fertilisers in advance.
Game of cards: Top banking players opt for tight gambit, rivals up the ante
Since the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No card has been spared, be it the ICICI Emeralde Private Metal (removal of some vouchers for accelerated rewards), American Express Platinum Travel (higher spend milestones for bonus rewards), or Axis Bank (removal of three popular transfer partners without advance notice). HDFC Bank, too, has asked its Infinia customers to clock in annual spends of at least Rs 18 lakh or maintain a total relationship value of at least Rs 50 lakh to retain the by-invite-only metal.
Five companies will see shares worth ₹1.15 lakh crore free up for trade today; Details here
WeWork India Ltd., Tata Capital Ltd., BMW Ventures Ltd., Bajaj Housing Finance Ltd., and Advance Agrolife Ltd., are the five companies who will see their shareholder lock-ins end on Monday, April 13. Barring Bajaj Housing Finance and Tata Capital, and Advance Agrolife the other two companies are trading well below their issue price. Even Bajaj Housing, Advance Agrolife and Tata Capital are trading just around their respective issue price.
TCS partners with ABB to advance industrial AI and digital transformation
TCS signed an MoU with ABB to expand collaboration in IT infrastructure, AI, and engineering, aiming to drive innovation and operational efficiency in industrial AI and data centres. Shares of Tata Consultancy Services hit a 52-week low of ₹2,350.20 today (March 19), ending 3.20% lower at ₹2,362.80 ahead of the announcement. The stock has fallen nearly 27% YTD and over 32% over the last 12 months.
Thai Airways to increase ticket prices by up to 15% on rising fuel costs
Thai Airways is implementing a 10% to 15% fare increase to offset rising fuel costs and supply chain issues. The airline noted that these increases are fuel surcharges and remain within the current price ceiling. Positive advance bookings in March and passenger diversions from Middle Eastern airspace are also contributing to the airline's outlook.
Tejas Networks jumps 17% on large 5G MIMO order; Sensex down 27 points, Nifty at 25,497
The Midcap Index gained 392 points to close at 59,798. Nifty Bank advanced 144 points to settle at 61,188. Market breadth remained neutral, with the NSE advance-decline ratio at 1:1.