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RBI to conduct Rs 1 lakh crore OMO purchase of G-Sec
The Reserve Bank of India (RBI) on Friday said it will conduct Rs 1-lakh crore open market operation (OMO) purchase of government securities in two tranches on March 9 and March 13. Each tranche of the auction will consist of Rs 50,000 crore, it said. The OMO purchase auction was announced following a review of the current liquidity and financial conditions, RBI said in a release.
India Record Third T20 World Cup Win: From Tendulkar To Kohli, Congratulatory Messages Pour In
Congratulatory messages poured in from across the sporting and entertainment worlds after India clinched the 2026 T20 World Cup title, with former cricketers, current stars and celebrities taking to social media to celebrate the historic triumph.
Miner BHP’s Australia Boss Is In Running for Top Job at Woodside
Geraldine Slattery — head of BHP Group’s Australian business and widely seen as a favored candidate to follow current boss Mike Henry — is in the running for the top job at Woodside Energy Group, according to people familiar with the situation.
'Biggest risk for aviation is geopolitics, long-term conflict could hit demand': Boeing
Boeing's senior vice-president Brendan Nelson warns that ongoing geopolitical conflicts pose a significant risk to global aviation demand. While current demand for Boeing's aircraft remains strong, a protracted war in West Asia could negatively impact airlines. Nelson highlighted that aviation is increasingly entangled in geopolitical issues.
Euler Motors calls for relaxation of auto PLI criteria to enable EV start-ups participation
Euler Motors, a leading electric vehicle start-up, calls for changes to India's automotive PLI scheme. Current high revenue and investment thresholds exclude promising companies like Euler Motors. Relaxing these criteria would allow EV start-ups to benefit and contribute more significantly to India's green mobility goals. The company highlights its substantial investments and employment generation as reasons for inclusion.
Avoid chasing metal rally; focus on domestic sectors: Jyotivardhan Jaipuria
Jyotivardhan Jaipuria, Founder & MD of Valentis Advisors, says market corrections during geopolitical conflicts historically present buying opportunities, though investors should stagger investments due to oil and gas risks. He remains positive on banks, select capital goods and pharmaceuticals, while continuing to hold metals but avoiding fresh buying at current levels. Export-oriented sectors like chemicals may face near-term pressure from higher logistics and raw material costs.
Russia oil waiver via India a temporary step to keep prices down, says American Energy Secy
Wright further asserts that record-breaking US oil and gas production has kept current fuel prices significantly lower than the previous administration’s peak.
Watch | Rahul Sharma's make-or-break level for the Nifty is still 1,000 points away
JM Financial’s Rahul Sharma said the Nifty remains in a narrow market phase where a limited number of stocks are supporting the index, similar to the trend seen in 2017–18. He said the index has immediate support at 24,000, while 23,500 is the key “make-or-break” level for the current market structure. Sharma believes any correction could offer buying opportunities in quality stocks, highlighting public sector banks, PSUs and select large-cap names such as Larsen & Toubro, State Bank of India and Titan.
India’s MF industry could hit ₹800 lakh crore in 10 years: Raamdeo Agrawal
India’s mutual fund industry could grow ten-fold in the next decade, reaching ₹600–800 lakh crore in AUM, up from the current ₹80 lakh crore, predicts Raamdeo Agrawal.
Trade Setup for March 6: 24,700 remains a hurdle for the Nifty as uncertainties persist
Despite today's rebound, the market is not completely out of the woods yet, and the current move may still be considered a pullback as long as the Nifty trades below the 25,200 level.
Lupin shares hit 52-week high after registering gains for six consecutive months
Lupin is on track to hit $1 billion in US sales this fiscal year. Its US revenue guidance is above $1 billion for the financial year 2027. Its margins are estimated to be between 26% - 27% for the current year and 25% for the next year as research and development (R&D) expenses rise.
Broadcom CEO sees chip sales crossing $100 billion in 2027; Stock jumps
For the current quarter, Broadcom's revenue and Earnings per Share (EPS), were both in-line with expectations.