Global Market Futures (as of 06:45 AM IST)
US Market (Futures)
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Nasdaq: -0.21%
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Dow Jones: -0.18%
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S&P 500: -0.18%
European (Futures)
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Ftse 100: -0.03%
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Cac 40: -0.11%
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Dax : -0.04%
Asian (Live)
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NIKKIE 225: +0.34%
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KOSPI: +2.41%
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ASX 200: +0.08%
Gift Nifty: 23522.00 (+0.58%)
FII and DII Trading Activity March 16, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹9,365.52 crores
DIIs: Net Buy of ₹12,593.36 crores
Results Today
Clean Max Enviro Energy Solutions, and Binny will release their quarterly earnings today.
Commodity Market Updates
International commodity markets showed a mixed but generally firm tone in early trading. Gold continued to strengthen, with spot prices hovering around $5,011, reflecting steady safe-haven demand amid ongoing global uncertainties. Silver also edged slightly higher near 80.71, indicating moderate investor interest in precious metals. In base metals, copper slipped marginally to around 5.83, suggesting mild pressure linked to cautious industrial demand expectations. Energy markets moved higher, with WTI crude oil climbing to about $94.65 and Brent crude rising to $102.42, supported by supply concerns and resilient demand outlooks. Meanwhile, natural gas prices saw a modest uptick to 3.03, reflecting stable market sentiment. Overall, the commodity complex remains influenced by supply dynamics, geopolitical developments, and evolving global economic signals.
Key Corporate Updates:
Positive:
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Zydus Lifesciences: Licensed a molecule for Hutchinson-Gilford Progeria Syndrome through an agreement involving Sentynl Therapeutics and PRG, strengthening its rare-disease portfolio.
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Axiscades Technologies: Approved acquisition of the remaining stake in Cades Studec Technologies, indicating deeper ownership integration and potential strategic consolidation.
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Cupid Breweries and Distilleries: Expanded presence in West Bengal and executed an agreement with Bansal Udyog, supporting distribution-led growth.
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Bajaj Electricals: Executed a ₹1.68 billion deal to acquire the Morphy Richards brand’s trademarks, goodwill, and domain names across India, Nepal, Sri Lanka, Bangladesh, Maldives, and Bhutan, enhancing brand ownership and regional positioning.
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Astral: Entered into a share subscription agreement with Vena Energy Sustainable Power, indicating strategic investment alignment.
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Reliance Industries: Signed a landmark long-term green ammonia offtake agreement with Samsung valued at over US$3 billion for a 15-year supply period beginning in 2H FY2029, marking a major clean energy commercial win.
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India Cements: Entered into an agreement to acquire up to 10.76% equity in First Energy 8 Private Limited, while Thermax disclosed that India Cements will subscribe to 13.3 million FE8PL shares for a 14.63% stake, signaling a strategic energy-related investment.
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Adani Enterprises: Received NCLT Ahmedabad sanction for a composite scheme of arrangement involving group entities, advancing corporate restructuring plans.
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National Highways Infra Trust: Approved a distribution of ₹1.16 per unit for the period ended January 2026, supporting cash yield visibility for unitholders.
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Omaxe: Subsidiaries received RERA registration certificates for two projects, supporting project pipeline execution.
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V R Infraspace: Won a Madhya Pradesh government contract worth ₹26.1 million on March 16, 2026.
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POCL Enterprises: Approved the amalgamation of PlanetFirst Green with POCL Enterprises, indicating group consolidation.
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AVI Polymers: Announced expansion into the AI-powered personal healthcare segment, opening a new growth vertical.
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RailTel Corp: Received a work order from National Informatics Centre Services Incorporated worth ₹426.3 million.
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FIEM Industries: Commissioned a new EMI/EMC laboratory in Gurugram, strengthening in-house testing and engineering capabilities.
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NOCIL: Approved ₹1.30 billion capex for capacity expansion at its Dahej plant, with targeted completion by 1H FY28, supporting medium-term growth.
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Intellect Design Arena: Said its JV will deploy an agentic AI platform in the UK wealth management market, expanding its AI-led financial technology offering.
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Power Mech Projects: Secured an order valued at ₹7.10 billion, adding strongly to order book visibility.
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Carborundum Universal: Announced commercial production from its new cutting and grinding wheel facility at Hosur, doubling annual capacity to over 90 million units.
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Asian Energy Services: Received a one-year extension from Vedanta for its operation and maintenance contract through March 31, 2027, improving revenue continuity.
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Sun Pharma: Received US FDA acceptance of its supplemental biologics license application for Ilumya for active psoriatic arthritis, with regulatory action date set for October 29, 2026.
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LTTS: Combined medtech expertise with NVIDIA AI infrastructure and launched an AI-powered digital twin platform for lung diagnostics, reinforcing its high-value digital engineering positioning.
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Kranti Industries: Said Krako Precision commenced trial production on March 16, 2026, marking a new operating milestone.
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Rail Vikas Nigam: Received an LOA worth ₹952.7 million from NMDC for refurbishment works at Kirandul and Bacheli.
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Gujarat Mineral Development Corporation: Signed an MoU with NMDC to explore strategic collaboration in the rare earth elements sector, creating optionality in a strategic minerals theme.
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Tata Motors: Announced a commercial vehicle price increase of up to 1.5% effective April 1, 2026, to partially offset rising commodity and input costs, supporting margin protection.
Negative:
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Waaree Energies: Received an arbitration notice and intimation from the International Court of Arbitration regarding a request filed by Enel Green Power; the matter includes monetary claims and introduces legal and financial overhang.
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Redington: Said Gulf FZE operations in the Gulf region are restricted due to geopolitical tensions; insurers have revoked war-risk coverage, alternative arrangements are being evaluated, and financial impact cannot yet be reliably quantified despite enhanced safety and business continuity measures.
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Alkyl Amines Chemicals: Temporarily suspended methylamines and ethylamines manufacturing at three sites due to challenges in procuring ammonia and disruption in LNG availability, although other products will continue to be manufactured.
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Satin Creditcare Network: Deferred its fundraising proposal via non-convertible debentures that had been scheduled for March 16, 2026.
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Vardhman Polytex: Board will consider fundraising through debt, debentures, equity shares, or other securities, indicating balance-sheet funding needs and possible dilution.
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East India Drums and Barrels Manufacturing: Promoter Madhav Jayesh Valia plans to sell up to a 19.69% stake via OFS at a floor price of ₹125 per share, creating supply overhang.
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Dodla Dairy: Received an income tax department order worth ₹181.1 million.
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GlaxoSmithKline Pharmaceuticals: Juby Chandy resigned as Whole-Time Director and CFO, creating senior management transition risk.
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Fennec Pharmaceuticals / Cipla: Cipla was barred from marketing generic sodium thiosulfate until September 1, 2033, which is adverse for Cipla’s product opportunity.
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SRM Energy: CFO Raman Kumar Mallick resigned effective March 16, 2026.
Neutral / Others
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Koiya International: Board will consider a preferential issue of shares and fundraising via securities, implying potential dilution risk.
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Sagar Cements / Andhra Cements: Approved OFS of a 7.24% stake in Andhra Cements at a floor price of ₹52 per share to meet minimum public shareholding, which adds supply pressure.
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Nucleus Software Exports: Appointed Yasmin Javeri Krishan as Chairperson of the Board.
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Integrated Hitech: Board will consider a preferential issue of shares.
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Marg Techno-Projects: Board will evaluate fundraising via equity shares, warrants, or other securities.
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Cian Healthcare: Appointed Kalyani Vijay Chordia as CFO and redesignated Rajesh Jain as Managing Director effective March 16, 2026.
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Tinna Rubber and Infrastructure: Appointed Abhay Kumar as CFO effective March 16, 2026.
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Ducon Infratechnologies: Harish Shetty will resign as Executive Director and Director and continue as CFO.
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Dar Credit & Capital: Approved issuance of secured NCDs worth up to ₹250 million.
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Updater Services: Appointed Ram Praveen Radhakrishnan as Group CFO.
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Shraddha Prime Projects: Board will consider fundraising.
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Interise Trust: Approved refinancing of existing borrowings through fresh borrowings of up to ₹33.50 billion.
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Suntech Infra Solutions: Received a work order from Indo Asia Copper valued at ₹312.9 million; positive on order inflow, though relatively modest in size.
Non-Corporate, Unlisted & Foreign / Macro
1) MakeMyTrip: Said it is evaluating a potential listing of MakeMyTrip India in India, which could create an additional capital access avenue, while reaffirming its strategy to strengthen category leadership in the domestic market.
2) India macro: February unemployment rate came in at 4.9%, better than the Reuters poll estimate of 5.1%.
3) Ice cotton futures: Rose more than 3% to 67.93 cents per pound, positive for cotton-linked sentiment.
4) Reserve Bank of India / Cashfree Payments India: RBI imposed a monetary penalty on Cashfree Payments India.
5) RBI liquidity: RBI will conduct a 7-day variable rate repo auction for ₹1.5 trillion under LAF on March 17, 2026, reflecting routine liquidity management support.
6) India CENBANK / currency chest operations: Banks were advised to keep currency chest operations open on March 31, 2026, as on a normal working day.
7) India markets regulator: Reviewing settlement guarantee fund coverage for the commodity derivatives segment.
8) India 10-year bond: Benchmark government bond yield rose to 6.7059% from 6.6798%, reflecting a less favorable rate backdrop.
9) India trade policy: Revised import policy for some jewellery items from “free” to “restricted,” negative for importers and trade flexibility.
10) India trade data: February gold imports stood at US$7.45 billion and oil imports at US$12.97 billion.
11) Indian state fuel retailers: Preliminary data showed March 1–15 LPG sales down 17.3% year-on-year and down 26.3% month-on-month, indicating weak consumption trends.
12) India government / LNG and fuel pricing: Stated there is no LNG shortage, no decision has been taken to cap refinery prices in India, and LPG is being procured from all possible sources.
13) Sri Lanka services PMI: Fell to 54.4 in February from 64.5 in January, indicating softer services momentum.
14) Sri Lanka manufacturing PMI: Rose to 56.8 in February from 56.1 in January, indicating improved manufacturing activity.
15) Unlisted geopolitical / energy risk: Iran’s request for release of three tankers seized by India and ongoing talks around safe passage via the Strait of Hormuz keep regional shipping and energy-risk sentiment elevated.
16) India government / Strait of Hormuz: Said India is in talks with Iran for safe passage of stranded vessels in the Strait of Hormuz.
17) Macro sentiment: Geopolitical developments around the Strait of Hormuz remain a key driver for energy, logistics, and market-risk sentiment across sectors.
Bulk & Block Deals:
Capacite Infraprojects
Polunin Emerging Markets Small Cap Fund sold 4.3 lakh shares of Capacite Infraprojects, representing a 0.51% stake, at ₹182.74 per share for about ₹7.9 crore. As of December 2025, Polunin Capital Partners held a 1.61% stake in the company, indicating a partial reduction in its investment.
Vibhor Steel Tubes
Jindal Pipes sold 1 lakh shares of Vibhor Steel Tubes, equivalent to a 0.52% stake, at ₹107.19 per share for approximately ₹1.07 crore. Despite the sale, Jindal Pipes still retained a 1.27% shareholding in the company as of December 2025.
Filatex Fashions
Promoter Prabhat Sethia sold an additional 8.18 crore shares of Filatex Fashions, representing a 0.98% stake, at ₹0.18 per share, raising about ₹1.47 crore. During the current month, Sethia has cumulatively sold a 1.57% stake in the company.
On-going IPO:
Last Date 17-Mar
Innovision Ltd
Last Date 18-Mar
GSP Crop Science Ltd
Last Date 20-Mar
Novus Loyalty Ltd (BSE SME)
Upcoming IPO:
NIL
Securities Trading Ex-Right Issue on March 17, 2026
DIC India Ltd.
5paisa Capital Ltd
Securities Under F&O Ban on March 17, 2026
SAMMAANCAP, SAIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
