Global Market Futures (as of 06:30 AM IST)
US Market (Futures)
Nasdaq: +0.35%
Dow Jones: +0.31%
S&P 500: +0.35%
European (Futures)
Ftse 100: +0.16%
Cac 40: +0.46%
Dax : -0.17%
Asian (Live Markets)
NIKKIE 225: +1.85%
KOSPI: +2.59%
ASX...
Global Market Futures (as of 06:30 AM IST)
US Market (Futures)
Nasdaq: +0.35%
Dow Jones: +0.31%
S&P 500: +0.35%
European (Futures)
Ftse 100: +0.16%
Cac 40: +0.46%
Dax : -0.17%
Asian (Live Markets)
NIKKIE 225: +1.85%
KOSPI: +2.59%
ASX 200: +0.43%
Gift Nifty: 24278.50 (-0.36%)
FII and DII Trading Activity March 10, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹4,672.64 crores
DIIs: Net Buy of ₹6,333.26 crores
Commodity Market Updates
International commodity markets traded with mixed momentum in early hours. Gold prices were around 5,224.85, showing a marginal decline of 0.33%, while XAU/USD traded higher near 5,217.48, gaining 0.47%, indicating mild safe-haven demand. Silver slipped 0.30% to about 89.323, reflecting slight weakness in precious metals. In base metals, Copper rose modestly by 0.34% to approximately 5.9365, supported by steady industrial demand expectations. Energy markets were softer, with WTI crude oil trading near 83.08, down 0.44%, while Brent crude declined sharply to 87.54, losing about 3.86%. Natural gas also eased to 3.030, falling 0.88%. Overall, metals showed relative resilience, while energy commodities faced selling pressure.
Key Corporate Updates:
Positive:
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Reliance Industries: Natural gas produced from the KG-D6 basin will be diverted to priority sectors in line with government directives, while the company is also optimizing refinery operations and working around the clock to enhance LPG production to strengthen domestic energy supply amid global uncertainties.
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Capri Global Capital: Plans to raise up to ₹20 billion through issuance of Non-Convertible Debentures in one or more tranches to support funding requirements and business expansion.
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Lord’s Mark Industries: Entered into a technology transfer agreement with C-MET for a breast cancer detection device, which is expected to strengthen the company’s healthcare technology portfolio and support innovation in medical diagnostics.
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Imagicaaworld Entertainment: Announced plans to launch its first indoor amusement park under the brand “Hello Park” in Hyderabad, marking expansion into indoor entertainment formats and strengthening its presence in experiential leisure.
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RNIT AI Solutions: Received notification of award from Andhra Pradesh Technology Services for a Tier-2 project valued between ₹10 million and ₹100 million, and will also consider issuing shares to strategic investors as part of a second tranche to support growth.
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JSW Infrastructure: JSW Port has commenced interim operations at the rail siding facility in Kudathini, Ballari (Karnataka), which is expected to improve cargo connectivity and logistics efficiency for port operations.
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Waaree Renewable Technologies: Secured a contract for execution of EPC works for a 300MWAC/420MWp solar PV project, strengthening the company’s renewable energy project pipeline.
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Waaree Energies: Through its unit, entered into a share subscription agreement to invest $30 million in Series B preferred shares of United Solar Holdings, reinforcing its strategic presence in the solar manufacturing ecosystem.
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Hindustan Zinc: Partnered with CMR Green Technologies to manufacture zinc alloys in Rajasthan, a move aimed at expanding value-added product capabilities and strengthening its presence in the metal recycling ecosystem.
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Panacea Biotec: Tribunal order has deleted all expense disallowances and cancelled a ₹3.29 billion tax demand, resulting in a significant reduction in the company’s litigation-related liabilities.
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Polycab India: Income tax demand has been substantially reduced to ₹575.8 million from ₹3.27 billion following regulatory review, easing financial burden and improving balance sheet visibility.
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Exhicon Events Media Solutions: Won a tender for the Mohali Convention project, strengthening the company’s order book and expanding its presence in event infrastructure development.
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NTPC Green Energy: Declared commercial operations of the third part of the Khavda-II Solar PV project, contributing to renewable capacity addition and supporting India’s energy transition goals.
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HG Infra Engineering: Secured an infrastructure contract worth ₹4.01 billion, providing revenue visibility and strengthening its order pipeline.
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Dynamic Services & Security: Unit received a work order worth ₹11 million, supporting incremental revenue visibility.
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Gayatri Rubbers and Chemicals: Received a new order valued at ₹12 million, contributing to near-term revenue growth.
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Arvind SmartSpaces: Added a new real estate project in Bengaluru with an estimated sales potential of ₹3.3 billion, expanding its residential development portfolio.
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AK Capital Services: Approved an investment of ₹750 million in its subsidiary to strengthen capital structure and support business expansion.
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Godavari Biorefineries: Granted a Japanese patent related to treatment of viral infections, enhancing the company’s intellectual property portfolio and global research capabilities.
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Infosys: Partnered with Incora to develop AI-enabled supply chain operations aimed at improving operational efficiency, predictive analytics, and digital transformation in logistics networks.
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Brandman Retail: Entered into a partnership with ANTA Group to bring Wilson and ANTA sports brands to India, expanding its sportswear retail presence.
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Devyani International: Board approved the merger of Sky Gate, BlackVelvet and Say Chefs into Devyani International to streamline corporate structure and improve operational efficiencies.
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Brigade Enterprises: Announced entry into industrial real estate with the development of Brigade Industrial Park offering approximately 2 million square feet of leasable space targeted at strategic sectors.
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TVS Supply Chain Solutions: Set up a 40,000 sq. ft. warehouse within a Free Trade & Warehousing Zone to strengthen Caterpillar’s global supply chain operations from India.
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Central Bank of India & Capri Global Capital: Renewed co-lending partnership to expand credit access and strengthen lending operations across priority segments.
Negative:
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IndiGo: CEO Pieter Elbers resigned from his position effective March 10, 2026, with Managing Director Rahul Bhatia taking interim charge of management until further leadership decisions are made.
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Ram Ratna Wires: Received a tax demand of ₹709.6 million from authorities.
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Electrotherm India: Tax department issued demand of ₹726.9 million related to FY2017-18.
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Bosch Home Comfort India: Declared force majeure due to restricted gas supply which may temporarily impact production output, although the extent of the impact cannot currently be quantified.
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Sudarshan Colorants India: Jugal Sahu resigned from the position of Chief Financial Officer.
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I Power Solutions India: Suresh Srinivasan resigned from the position of Chief Financial Officer.
Neutral / Others
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Advent Hotels International: Announced updates related to board meetings and governance changes.
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Bank of Baroda: Maintained its one-year MCLR unchanged with effect from March 12.
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UCO Bank: Kept one-year MCLR unchanged effective March 10.
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Kirloskar Oil Engines: Appointed Rahul Kirloskar as Chairperson while current Chairman Atul Kirloskar will step down.
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Eicher Motors: VE Commercial Vehicles appointed B. Srinivas as Managing Director and CEO.
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VIP Industries: Manish Desai relinquished the position of Chief Financial Officer and Rahul Poddar has been appointed as the new CFO.
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Tips Music: Hari Nair will step down as CEO, while Girish Taurani and Sushant Dalmia will jointly assume CEO responsibilities.
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Arco Leasing: Board will consider a proposal for fund raising.
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Tuni Textile Mills: Board approved a rights issue of equity shares worth up to ₹490 million.
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Ganga Pharmaceuticals: Reappointed Bharat Brijmohan Sharma as Managing Director.
Non-Corporate, Unlisted & Foreign / Macro
1) Air India: Announced a phased expansion of fuel surcharges across domestic and international routes due to steep rise in jet fuel prices driven by geopolitical tensions in the Gulf region; revised surcharges include USD 200 for North America, USD 125 for Europe, USD 90 for Africa, USD 60 for Southeast Asia, USD 50 for Australia, USD 10 for West Asia/Middle East and ₹399 for domestic and SAARC routes.
2) Air India Express: Currently does not levy fuel surcharges on its flights, although the parent company Air India has implemented phased surcharges on domestic and international routes.
3) India Agriculture: Government estimates wheat production at a record 120.21 million metric tonnes in 2026, reflecting strong agricultural output.
4) India Bond Market: Benchmark 10-year government bond yield declined to 6.6737% from the previous close of 6.7184%.
5) India Government (Natural Gas Supply Regulation Order 2026): Issued order including the fertilizer sector in the priority list for natural gas supply allocation.
6) India Government: Introduced a 60-day approval timeline to help companies enter joint ventures, access advanced technologies and integrate with global supply chains.
7) India Government: Approved limited easing of Chinese investment restrictions after several years of tightened rules.
8) India Government (Energy Supply): Confirmed that India will not halt fuel exports, with Indian Oil Corp refineries operating at full capacity and LPG production rising after measures to boost domestic output.
9) Reserve Bank of India: Issued revised master directions, repeal directions and amendment guidelines covering prudential norms on dividend declaration, capital adequacy norms for NBFCs, mortgage guarantee company regulations and clarification on Tier-1 capital computation.
10) Reserve Bank of India: Foreign banks operating in branch mode in India may remit net profit without prior approval from the central bank, but exceptional profits cannot be used for dividend payouts.
11) Reserve Bank of India: Banks incorporated in India cannot pay dividends exceeding prescribed limits based on profit after tax for the relevant period.
12) Japan & G7 Energy Ministers: Discussed global energy supply risks and confirmed readiness to release strategic oil reserves if required while stressing the importance of resuming shipping through the Strait of Hormuz.
13) India Investment Policy: Information Minister did not respond to queries regarding reported cabinet approval to ease investment norms for countries sharing land borders.
14) UK Legal Update: UK court refused permission for a legal challenge related to the UK–Mauritius Chagos Islands agreement.
15) Elica SpA: Sold its remaining 1.59% stake in Elica PB India to Whirlpool of India, exiting its residual holding in the Indian joint venture.
16) Renault: The company expects production in France to increase during the duration of its strategic plan while maintaining investment levels similar to the “Renaulution” plan; management remains cautious on supply of small components but currently sees no shipment disruptions from the Middle East crisis and expects a challenging pricing environment in 2026.
Bulk & Block Deals:
Apollo Pipes
Bandhan Mutual Fund, via its Bandhan ELSS Tax Saver Fund, exited Apollo Pipes by selling its entire holding of 5 lakh shares (1.14% stake) for Rs 20.16 crore. The shares were sold in two tranches—2.5 lakh at Rs 395.7 per share and 2.5 lakh at Rs 410.72 per share.
Styrenix Performance Materials
Motilal Oswal Mutual Fund sold 4.17 lakh shares, representing a 2.37% stake, in Styrenix Performance Materials for Rs 78.58 crore. The shares were offloaded at Rs 1,884 per share, indicating a partial stake sale by the fund through a market transaction.
Nazara Technologies
Morgan Stanley Asia Singapore acquired 28.85 lakh shares (0.77% stake) in Nazara Technologies from Think India Opportunities Master Fund LP for Rs 69.18 crore. The transaction occurred at Rs 239.8 per share. As of December 2025, Think India Opportunities Master Fund held a 2.52% stake in the company.
On-going IPO:
Last Date 11-Mar
Rajputana Stainless Ltd
Last Date 12-Mar
Innovision Ltd
Last Date 13-Mar
Raajmarg Infra Investment Trust (InvIT)
Apsis Aerocom Ltd (NSE SME)
Upcoming IPO:
NIL
IPO Listings
Mainboard
SEDEMAC Mechatronics
Securities Trading Ex-Dividend on March 11, 2026
Balmer Lawrie & Company Ltd, Mangalore Refinery and Petrochemicals Ltd, SBI Cards & Payments Services Ltd
Securities Trading Ex-Right Issue on March 11, 2026
BCC Fuba India Ltd, Prabha Energy Ltd
Securities Under F&O Ban on March 11, 2026
SAMMAANCAP, SAIL
Sources: WOWNEWS24X7, Moneycontrol, Investing.com
