Stock Market Highlights March 2: Sensex, Nifty shed over 1.2% as crude surge jolts markets amid US-Iran conflict

Industryupdate

Cognizant issues global security advisory, shifts to heightened risk posture

Cognizant issues security advisory, adopts heightened risk posture amid global tensions

Cognizant issues employee advisory, citing possible cyber risks and forming a Middle East incident response team, while operating under heightened security posture.

Finance

Life Insurance Corporation of India informed that term of Sunil Agrawal, Chief Financial Officer, has been extended for a further period of one year, i.e., till March 01, 2027.

Finance

IIFL Finance eyes $750 million fundraise via social dollar bonds

IIFL Finance eyes $750 million fundraise via social dollar bonds

Gold loan financier IIFL Finance plans to raise as much as $750 ​million through a combination of debut dollar-denominated social bonds and an overseas loan ‌in March, two banking sources and a company source aware ​of the matter said on Monday.

Stock market

Rupee crashes 44 paise to settle at 91.52 (provisional) against US dollar.

Marketdown

Market Sell-off: Sensex Falls Over 1,000 Points, Nifty 50 Dips 1.24%

Sensex ended 1048.34 pts or 1.29% lower at 80,238.85 after opening at 78,543.73, and Nifty 50 fell 312.95 pts or 1.24% to 24,865.70, hitting an intraday low of 24,603.50. Markets will be closed tomorrow on account of Holi.

Stock market

Markets closing update

Sensex ends 1048.34 points (-1.29%) down at 80,238.85, while Nifty closes at 24,865.70, down 312.95 points (-1.24%)

Commodities

Middle East oil faces pricing confusion as Hormuz traffic halted

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Middle East oil faces pricing confusion as Hormuz traffic halted

Middle East oil pricing is disrupted as traffic through the Strait of Hormuz halts amid escalating regional tensions.

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Industryupdate

Oswal Solar Energy bags ₹39.4 crore order for 7.46 MW Grid Connected RTS Plants

Oswal Pumps’ arm Oswal Solar Energy Pvt Ltd has received an order of 7.46 MWps Grid Connected RTS Plants for 3,729 SC & ST Consumers through Utility Led Aggregation (CAPEX) Mode in APDISCOMs under PM – Surya Ghar: Mufi Bijli Yojana from Swashakthi Energy. The total value of the order is Rs. 39.40 Crore

Shares traded at Rs 304.90 on the NSE, down 3%

NSE

Nifty at risk of slipping below 24,500 as Middle East tensions rattle markets: Bernstein

Nifty at risk of slipping below 24,500 as Middle East tensions rattle markets: Bernstein

Indian equities face volatility as Nifty risks dropping below 24,500 amid escalating Middle East tensions and rising oil prices.

Commodities

NMDC’s total production in Feb 2026 stood at 5.35 MT compared to 4.62 MT in Feb 2025. Sales during the month under review stood at 4.60 MT from 3.98 MT in Feb 2025.

Industryupdate

Emcure Pharmaceuticals and Roche Sign Distribution Agreement to Strengthen Nephrology and Transplant Care in India

Emcure Pharmaceuticals signs distribution pact with Roche for nephrology, transplant medicine

Emcure Pharmaceuticals partners with Roche to distribute nephrology and transplant medicines in India, enhancing patient access to essential therapies.

Transport

M&M Exits Blue Planet, Sells Remaining 10% Stake

Mahindra & Mahindra informed the exchanges that it has sold the remaining 10% paid-up share capital of Blue Planet Integrated Waste Solutions to Blue Planet Environmental Solutions India Private Limited (“BPES India”), an affiliate of BPES.

Shares traded at Rs 3,339.90 on the NSE, down 1.6%.

Industryupdate

Urban Company, ILO join hands to boost e-Shram registration

Urban Company and International Labour Organization collaborate to expand e-Shram registration for UC service professionals.

Shares traded at Rs 103.07 on the NSE, down 4%.

Stock market

Markets @ 3 pm

Sensex down 1169.5 points (-1.44%) at 80,117.67

Nifty down 347.75 points (-1.38%) to 24,830.9

Agriculture

Mahindra to exit non-viable Japan agri-machinery business

Mahindra & Mahindra on Monday said it has decided to exit its Japan agri-machinery business as part of a portfolio rationalisation following a strategic review.

Industryupdate

ABB India to transfer its robotics biz to ABB Robotics for Rs 1,568 cr

ABB India on Monday said it has agreed to transfer its robotics business to ABB Robotics India on a slump sale basis for ₹1,568.20 crore.

The business transfer is effective from March 1, ABB India said in a regulatory filing.Read more here

Industryupdate

Force Motors sold 3,890 units of vehicles in Feb 2026 compared to 3,600 units in Feb 2025, including exports.

Finance

Not evaded any GST dues; did not promote any kind of betting activity: Fino Payments Bank

Not evaded any GST dues; did not promote any kind of betting activity: Fino Payments Bank

Fino Payments Bank asserts GST compliance amid DGGI investigation into alleged shell companies linked to online gaming funds.

Industryupdate

Go Fashion (India) has appointed S Zafir Ahmed as Chief Merchandising Officer of the company.

Commodities

Crude oil could top $100 as Strait of Hormuz closure halts flows

Oil prices could exceed $100 per barrel if tanker traffic through the Strait of Hormuz is not swiftly restored, as the waterway’s closure threatens to disrupt 15 per cent of global oil supply and 20 per cent of global LNG supply, consultancy Wood Mackenzie said.Read more here

Industryupdate

SEPC says no financial impact from HC verdict

SEPC has said the recent High Court order will not have any impact as its financial exposure is mitigated by a 2015 SEPCagreement with the co-respondent, Twarit Consultancy Services.

Read more

BSE

Top Gainers and Losers on the BSE

Top gainers: Tejas Networks (+13%), IIFL Capital (+8.14%), STL Tech (+8%), Paras Defence (+7.68%), Solar Industries (+2.82%)

Top losers: Apollo Hospitals (-9.73%), Safari (-8.36%), Easy Trip (-7.89%), SpiceJet (-7.77%), KRN (-7.61%)

Industryupdate

Mitsubishi Mahindra to withraw from agri machinery business

Mitsubishi Mahindra Agricultural Machinery Co., Ltd., which is an associate of M&M operating in Japan, has, approved that MAM along with its subsidiaries to withdraw from the agricultural machinery business (“Withdrawn Business”). Further, MAM has announced that the Business which supplies spare parts for MAM’s products and product warranty services would continue to operate .

Industryupdate

Apollo Pipes Limited has informed the Exchange regarding Appointment of Mr Parag Dadeech as Chief Operating Officer (‘COO’) of the company w.e.f. March 02, 2026

Stock market

Sensex, Nifty tumble 2% as crude spike hits markets, L&T, IndiGo, Adani Ports drag, BEL & ONGC gain

Equities slumped sharply on Monday as escalating ​tensions in the Middle East pushed crude oil prices higher​ and triggered a shift toward safe-haven assets, dampening investor sentiment. The sell-off was broad-based, with benchmark indices under heavy pressure and sharp declines across sectors.

​Read more​

Stock market

Iran war deepens market rout; Sensex sinks 1,611 pts at midday

At 12.51 pm, the BSE Sensex was trading at 79,676.24, down 1,610.95 points or 1.98 per cent from its previous close of 81,287.19. The NSE Nifty 50 stood at 24,686.65, a decline of 492 points or 1.95 per cent from Friday’s close of 25,178.65.

Iran war deepens market rout; Sensex sinks 1,611 pts at midday

Sensex plunges 1,611 points amid escalating Iran conflict, raising concerns over rising crude oil prices and market sentiment.

Industryupdate

Honda Motorcycle & Scooter sales rise 34% to 5,67,351 units in February

Honda Motorcycle & Scooter sales rise 34% to 5,67,351 units in February

Honda Motorcycle & Scooter India reports a 34% sales increase in February, totaling 5,67,351 units sold.

Finance

Fino Payments Bank shares recover from 52-week low

Shares of ​Fino Payments Bank​ traded flat on the NSE at ₹190.28 at 12.27 pm, after sinking 14 per cent in early trade to a 52-week low of ₹165.01 from the previous close of ₹192.19. During the session, the stock moderated from ₹165.01 to ₹198.90 after opening at ₹175, indicating a sharp intraday recovery amid heightened volatility.

​Read more​

Commodities

Crude oil futures hit lifetime high of ₹6,596/barrel

Crude oil prices on Monday jumped ₹504 to hit a lifetime high of ₹6,596 per barrel in futures trade amid escalating tensions in the Middle East. On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 504, or 8.27 per cent, at Rs 6,596 per barrel in 10,530 lots.

Read more here

Industryupdate

Bajaj Housing Finance allotted NCDs aggregating to Rs 503.41 crore.

Marketdown

Balkrishna Industries approved allotment of NCDs aggregating to Rs 750 cr.

Shares traded at Rs 2,291.70 on the NSE, down 4%

Info tech

TCS Expands Strategic Partnership with Zscaler to Redefine Enterprise Workspace Innovation with New AI-powered Solution

TCS shares traded at Rs 2,599.30 on the NSE, down 1%.

Info tech

RIL, Adani, Google lead $240 billion investment wave at AI Summit

​Reliance Industries​, ​Adani​, ​Google​, Lightspeed Ventures and ​Tata​ are among the top investors that cumulatively made commitment of $240 billion investment in India during the India AI Impact Summit 2026, an official statement said on Monday.

Read more ​here​

Economy

UBS on GDP

• Real GDP growth in the December quarter was higher than consensus
• India’s FY27 growth driven by resilient domestic demand and cyclical policy
• US: the end of reciprocal tariffs but uncertainty remains; India likely to gain

Economy

Goldman Sachs on GDP

• Stronger manufacturing activity in rebased GDP series
• Modestly raise CY26 real GDP growth forecast by 10 bps to 7% year-on-year
• This reflects stronger-than-expected manufacturing activity and broad-based pickup in bank credit growth

Economy

Nomura on GDP 

• India GDP revisions: slower past, faster present
• Revisions show a slower post-pandemic recovery in consumption and informal sectors, a smaller size of the nominal GDP, but faster current growth
• Expect India’s economic cycle to improve in the coming quarters
• This will reflect tailwinds from past policy easing, higher wage growth, and calming of trade tensions
• Expect FY27 GDP growth at an above-consensus 7.1% year-on-year

Stock market

The NSE and BSE holidays in March 2026

🔸️March 3, 2026 (Tuesday) — Holi 

🔸️March 26, 2026 (Thursday) — Shri Ram Navami

🔸️March 31, 2026 (Tuesday) — Shri Mahavir Jayanti

Marketdown

NCC traded at Rs 148.55 on the NSE, down 3%. The Telangana High Court granted an interim suspension of the debarment order previously issued by NHAI

Industryupdate

Atul Auto: Total sales for the month of Feb 2026 stood at 3,429 units compared to 2,900 units in Feb 2025. Shares traded 4% lower at Rs 477.75.

Industryupdate

Edelweiss Financial Services Limited announces ₹3,500 Million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs)

Shares traded at Rs 112.60 on the NSE, down 1.5%.

Industryupdate

ASMS signs hare Subscription cum Shareholders’ Agreement with Huwel Lifesciences

Avio Smart Market Stack (ASMS) (formerly known as Bartronics India) has signed a Share Subscription cum Shareholders’ Agreement with Hyderabad-based Huwel Lifesciences pursuant to and in furtherance of the MoU signed between the parties in September 2025. 

Shares down 3% on the NSE to Rs 9.95

Industryupdate

Archies has announced the launch of Archies Express, a new-age retail format designed to connect with today’s fast-evolving, style-conscious consumers.

As part of this strategic expansion, the brand plans to open 20 Archies Express stores across India in the current financial year, marking a significant step in its retail transformation journey. 

Shares traded 6% lower on the NSE at Rs 14.87

BSE

Only 669 stocks advanced, 3,420 declined and 190 remained unchanged of all the 4,279 stocks that were traded on the BSE at around 11.45 am.

While 81 stocks scaled to a 52-week high, nearly 764 stocks fell to a 52-week low. About 141 stocks hit the upper circuit and 244 hit the lower circuit.

Marketup

Defence stocks: HAL, BEL, BDL gain

​Paras Defence​ surged 11.56 per cent, while ​Solar Industries​ rose 4.08 per cent and ​Dynamatic Technologies​ gained 2.04 per cent. ​Bharat Electronics​ (BEL) was up 1.87 per cent, ​Bharat Dynamics​ (BDL) rose 0.60 per cent, and ​Hindustan Aeronautics​ (HAL) gained 0.53 per cent.

Marketup

Defence stocks rally amid West Asia tensions

Defence stocks were trading higher on Monday morning, bucking the broader market weakness, as escalating geopolitical tensions in West Asia drove investors toward the sector. The Nifty India Defence index was up 0.69 per cent at 8,183.15 around 11:30 AM IST, after opening sharply lower at 7,936.05.

Industryupdate

Orange Business and Tech Mahindra’s partnership

Orange Business and Tech Mahindra to forge a partnership to accelerate end-to-end digital transformation for enterprise customers worldwide, focusing on AI, automation and secure digital platforms

Tech Mahindra traded flat on the NSE at Rs 1,344.90

Industryupdate

InfoBeans Technologies board allotted bonus shares in the ratio of 3:1.

NSE

Top Gainers and Top Losers on NSE at 11:45 AM

NSE

3,113 stocks were traded at 11:35 AM on the NSE. 465 stocks advanced and 2,570 declined.

BSE

Top Gainers and Top Losers on the BSE at 11:33 AM

Commodities

MCX Zinc Futures: Wait for a breakout to go long

​Zinc​ prices remain higher but seems to be struggling to stage a strong rise. The Zinc Futures contract traded on the ​Multi Commodity Exchange (MCX)​ has been facing strong resistance in the ₹330-₹335 per kg region for about a month now. The contract is currently trading at ₹328 per kg.

Read more ​here​

Economy

US-Israel attack on Iran rattles rupee as markets feel heat

The US and Israel’s combined attack on Iran had its impact on the ​Rupee​, which opened about 16 paise weaker against the Dollar on Monday.

The Indian unit (INR), ​which opened at 91.2350 per US Dollar (USD​), is currently trading about 32 paise weaker at 91.3950, per CCIL data.

Read more ​here​

Insurance

Bajaj Life Insurance launches ‘Bajaj Life Opportunities Fund’, capturing the growth opportunities. NFO Period closes on 16th March

Industryupdate

Steel Strips Wheels: achieved a Net Tumover of 1476,41 Cr in February 2026, compared to t40’1.’14 Cr in the same period last year.

The company’s Gross Tumover reached t549.25 Cr in February 2026, compared to {500.62 Cr in the same period last 1,ear, reflecting a steady growth of9.7l%.

​Shares​ traded at Rs 209.41 on the NSE, down 3%

Ipo

Clean Max lists at up to 9.5% discount, slides further in early trade

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Clean Max lists at up to 9.5% discount, slides further in early trade

Selling pressure intensified post-listing. At 10.45 am, the stock was trading at ₹863.50 on the NSE and ₹869 on the BSE, marking a sharp decline from its debut levels

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Marketdown

Shares of aviation firms, tour operators dive amid Middle East crisis

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Shares of aviation firms, tour operators dive amid Middle East crisis

Shares of airline companies, tour and travel related services providers tumbled on Monday morning trade amid escalating tensions in the Middle East.

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Economy

PMI Manufacturing rose to 4-month high of 56.9 in February

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PMI Manufacturing rose to 4-month high of 56.9 in February

India’s manufacturing PMI rose to a four-month high of 56.9 in February, driven by strong domestic demand despite slowing export orders.

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NSE

Nifty Bank Prediction Today – March 02, 2026: Nifty Bank Futures: Can fall more

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Nifty Bank Prediction Today – March 02, 2026: Nifty Bank Futures: Can fall more

Nifty Bank March Futures can fall to 59,850 if it failes to rise back above 60,350 from here

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Commodities

Oil stocks buck market slump: ONGC, Oil India gain amid Middle East tensions

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Oil stocks buck market slump: ONGC, Oil India gain amid Middle East tensions

Despite the widespread weakness, select oil upstream stocks emerged as notable gainers, supported by a sharp rise in global crude oil prices

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NSE

Nifty prediction today – March 2, 2026: Nifty 50 futures: Resistance ahead. Stay out of the market

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Nifty prediction today – March 2, 2026: Nifty 50 futures: Resistance ahead. Stay out of the market

Nifty 50 faces resistance today; traders advised to stay out of the market amid uncertainty and negative advance/decline ratio.

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Industryupdate

SEPC Ltd is acknowledging the interim order from the High Court of Madras issued on February 19, 2026.

The ruling, part of ongoing litigation with GPE (India) Ltd and others, involves the interim attachment of trade receivables as the court seeks a time-bound resolution to the dispute. Further, the Court has also appointed PriceWaterhouseCoopers (PWC) to conduct a focused, review of the company’s financial records to determine the amount owed to banks and financial Institutions and the Assets available with SEPC Ltd and submit the report on 23rd March 2026.

Industryupdate

SEBI removes 1.2 lakh misleading finfluencer posts, deploys AI ‘Sudarshan’: Chairman

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SEBI removes 1.2 lakh misleading finfluencer posts, deploys AI ‘Sudarshan’: Chairman

The Securities and Exchange Board of India (SEBI) has removed more than 1.2 lakh misleading social media posts by unregistered financial influencers and is leveraging artificial intelligence (AI) tools to track violations in the digital space, Chairman Tuhin Kanta Pandey said.

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Industryupdate

Clean Max drops 8.8% in trading debut

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Clean Max drops 8.8% in trading debut

Clean Max shares debut at ₹960, down 8.8% from their ₹1,053 issue price amid weak investor interest.

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Economy

Rupee falls 21 paise to 91.29 against US dollar in early trade

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Rupee falls 21 paise to 91.29 against US dollar in early trade

The rupee falls 21 paise to 91.29 against the dollar amid rising crude prices and global market volatility.

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Marketdown

Fino Payments Bank traded 6% lower at Rs 179.97 at 9.46 am, after opening at Rs 175 from the previous close of Rs 192.19

The bank has issued clarification pertaining to news reports: Key Facts and Position in response to various media reports and speculations are given below: 1. Investigation by the Director General of GST Intelligence – authority was in relation to the program manager(s) associated with multiple banks including the Bank and not on the GST compliance of the Bank itself. (Program managers are the entities who source merchants for the Bank for UPI transactions). 

2. The Bank is co-operating with the authority for providing all the relevant information to support the investigation in relation to the program manager(s) in question. 

3. The Bank & its officials have nothing do with the business / actions of the program manager(s) in question. 

4. The Bank does not directly or indirectly engage / or promote any kind of betting activity through any forum, website, platform or in any form. 

5. The Bank has not evaded any GST dues and is compliant with all the regulations relating to payment of GST.

Commodities

Crude oil futures trade higher as US, Israel launch strike on Iran

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Crude oil futures trade higher as US, Israel launch strike on Iran

At 9.25 am on Monday, May Brent oil futures were at $77.12, up by 5.83%, and April crude oil futures on WTI (West Texas Intermediate) were at $70.71, up by 5.51%

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Marketdown

Markets tumble at open as Middle East war dents risk appetite

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Markets tumble at open as Middle East war dents risk appetite

All 16 major sectors logged losses. The broader small-caps and mid-caps ‌fell 3.8% and 3.4%, respectively

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Industryupdate

Tata Motors sign MoU with VOC Port Authority

Tata Motors has signed a Memorandum of Understanding (MoU) with V.O. Chidambaranar Port Authority (VOCPA), Tuticorin, Tamil Nadu, to deploy 40 Green Hydrogen Internal Combustion Engine-powered (H2 ICE) prime movers at the port. The MoU was signed in the presence of Shri Sarbananda Sonowal, Hon’ble Union Minister of Ports, Shipping and Waterways.

Shares traded at Rs 497.45 on the NSE, down 1.55%.

Industryupdate

Ashok Leyland: Total vehicle sales in Feb 2026 stood at 22,157 units compared to 17,903 units in Feb 2025.

Shares flat on the NSE at Rs 211.05.

Industryupdate

Bajaj Auto reported total sales for the month of Feb 2026 at 4,48,259 units compared to 3,52,071 units in Feb 2025.

Shares traded 2% lower at Rs 9,790.50 on the NSE.

Marketdown

Emerging market currencies, stocks fall on Iran-Israel conflict worries

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Emerging market currencies, stocks fall on Iran-Israel conflict worries

A gauge of developing nations’ currencies dropped 0.5%, declining for a second session in a row as the dollar strengthened.

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Marketdown

Sensex opened 2,743.46 pts lower at 78,543.73 from the previous close of 81,287.19. Nifty 50 tumbled 519.4 pts to 24,659.25 from the previous close of 25,178.65.

Stock market

EQUITY PREVIEW

Abbott India (BOOT): Novo Nordisk, Abbott India in Pact for Semaglutide Diabetes Drug

Adani Enterprises (ADE): Agrees to buy defense unit from Punj Lloyd by way of slump sale, no terms

Adani Green Energy (ADANIGR): Says unit to operationalize plant in Gujarat

Aurobindo Pharma (ARBP): U.S. FDA complete inspection at Eugia Pharma unit 1 with four observation

Eicher Motors (EIM): Eicher Feb. Motorcycle Sales +11% to 100,905 units

Escorts Kobuta (ESCORTS): Feb. total sales up 20.4% Y/y to 10,339 units

GAIL India (GAIL): To set up wind project in Maharashtra for INR17.4B

GlaxoSmithKline Pharma (GLXO): Says revenue officials search office in Mumbai

Hero MotoCorp (HMCL): Feb. Vehicle Sales 558,216 Units Vs. 388,068 Y/y

Hindustan Petroleum (HPCL): HPCL Buys 1M Bbl of US Crude for Early May: OIL TENDER

ICICI Bank (ICICIBC): Board approves buying 2% more shares in Life Insurance arm

Indian Oil Corp. (IOCL): Skips Mideast Supply in Latest Purchases: OIL TENDER

Mahindra & Mahindra (MM): Feb. Automotive Sales +18% Y/y to 97,177 Units

Maruti Suzuki (MSIL): Feb. Total Sales 213,995 Units Vs. 199,400 Y/y

SML Mahindra (SMLMAH): Feb. vehicle sales up 17% Y/y to 1,503 units

Tata Motors PV (TMPV): Feb. Vehicle Sales 63,331 Units

TVS Motor (TVSL): Feb. Vehicle Sales 529,308 Units

Zydus Lifesciences (ZYDUSLIF): Gets U.S. FDA final approvals for Ivermectin and Dapsone tablets

Economy

GST Collection Update – February

Gross GST Revenue

•⁠ ⁠Total Gross Collection: ₹1,83,609 Cr

•⁠ ⁠Growth: ↑ 8.1% YoY

Year-to-Date (YTD)

•⁠ ⁠Gross Collection: ₹20,27,033 Cr

•⁠ ⁠Growth: ↑ 8.3% YoY

Net GST Revenue (After Refunds)

•⁠ ⁠Net Collection: ₹1,61,014 Cr

•⁠ ⁠Growth: ↑ 7.9% YoY

Refunds

•⁠ ⁠Total Refunds: ₹22,595 Cr

•⁠ ⁠Growth: ↑ 10.2% YoY

Moderate but steady tax growth trend continues.

Marketdown

Nifty to shed 150 points at open amid Iran tension

Domestic markets are likely to open marginally in the negative on Monday amid escalation of war in the Gulf region, involving Israel, the US and Iran. Gift Nifty at 25,205 indicates a gap-down opening of about 150 points for Nifty. Strong economic numbers such as GDP and GST collection will help in market recovery, market experts believe.

Read more ​here​

Stock market

24 stocks including Fino Payments, Adani Green, NCC, Tata Steel, Thermax, New India Assurance will remain on focus on Monday

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24 stocks including Fino Payments, Adani Green, NCC, Tata Steel, Thermax, New India Assurance will remain on focus on Monday

Key stocks like Fino Payments, Adani Green, and Tata Steel will be in focus on Monday amid diverse market developments.

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Stock market

Stock Market Updates Latest Updates Consolidated updates

Rupee

•⁠ ⁠Closed at 90.98/$ vs 90.91/$ previous close

Market At Close

•⁠ ⁠All major indices down >1%

•⁠ ⁠Sensex down 950+ points

•⁠ ⁠Nifty below 25,200

•⁠ ⁠45 Nifty stocks in red

Monthly Trend

•⁠ ⁠Nifty IT biggest loser

•⁠ ⁠IT index down 19% in Feb

•⁠ ⁠PSU Bank index at record high

•⁠ ⁠SBI crosses ₹11 lakh Cr m-cap

•⁠ ⁠Broader market outperformed benchmark

GDP Update

•⁠ ⁠Q3 GDP growth at 7.8% (Est 7.6%)

•⁠ ⁠FY26 GDP seen at 7.6%

•⁠ ⁠Nominal GDP FY26: ₹345.5 lakh Cr

•⁠ ⁠Manufacturing growth: 13.3%

•⁠ ⁠Finance & Real Estate: 11.2%

Overall flow: GDP strong, market weak; promoter stake sales, semiconductor & defence diversification, selective positive corporate actions.

Stock market

Closing bell 27 Feb 2026 | Nifty

Technicalcallbuy

Today’s Stock Recommendation: March 2, 2026

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Industryupdate

Maruti Suzuki February Sales Update: Total Sales at 2.13 Lakh Units

Total Sales: 2.13 lakh units vs 1.99 lakh units YoY (Up 7.32%)

Domestic PV Sales: 1.61 lakh units vs 1.60 lakh units YoY (Up 0.6%)

Exports: 39,155 units vs 25,021 units YoY (Up 56.5%)

Poll Check: Missed CNBC-TV18 poll estimate of 2.19 lakh units.

NSE

Stock Market Live Updates | Tamil | Nifty & Bank Nifty இந்த வாரம் (02 Mar’26 to 06 Mar’26) என்ன ஆகும்? எங்கு செல்லும்?

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NSE

Nifty and Bank Nifty Prediction for the week 02 Mar’26 to 06 Mar’26 by BL GURU

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Industryupdate

Auto Sales Update

• M&M Auto: Total Sales At 97,177 Units Vs Poll Of 98,250 Units (Inline with estimates)
• M&M Tractor: Total Tractor Sales At 34,133 Units Vs Poll Of 33,000 Units (Marginally better than estimates)
• SML Mahindra Feb Auto Sales: Total Sales Up 17% At 1,503 Units Vs 1,288 Units (YoY) (Numbers seen higher YoY)
• Maruti Suzuki Feb Auto Sales: Total Sales At 2.13 Lk Units Vs Poll Of 2.19 Lk Units (YoY) (Numbers trailed with the estimates)
• ESCORTS: Total Sales At 10339 Units Vs Poll Of 10500 Units (Inline with estimates)
• Hyundai: Auto Sales At 66134 Units Vs Poll Of 65500 Units (Marginally better than estimates)
• Eicher Motors CV: Total Sales At 9986 Units Vs Poll Of 10200 Units (Inline with estimates)
• Tata Motors CV: Total Sales At 42940 Units Vs Poll Of 42000 Units (Numbers seen marginally better than estimates)
• VSTTillers: Total Power Tiller & Tractor Sales Up 36.04% At 4,435 Units Vs 3,260 Units (YoY) (Numbers seen better YoY)
• Tata Motors PV: Total Sales At 63300 Units Vs Poll Of 64300 Units (Numbers seen marginally lower than estimates)
• TVS Motors: Total Sales At 5.29 lakh Units Vs Poll Of 5.10 Units (Numbers seen better than estimates)
• Eicher Motors RE: Total Sales At 1.01 lakh Units Vs Poll Of 1.03 lakh Units (Numbers seen inline with the estimates)

Commodities

OPEC+ is discussing oil output hike of 206,000 bpd, source says

Eight OPEC+ countries have in-principle agreement to raise oil output by 206,000 BPD, says source

Stock market

Index Outlook: Bourses ‘Trumped’

Nifty 50, Sensex and Nifty Bank index were knocked down last week. The indices opened the week with a gap-up but did not see a strong follow-through rise.

The US beginning its attack on Iran over the weekend can drag the benchmark indices further lower. This could keep the sentiment negative for some time.

However, on the charts, long-term supports are there which have the potential to limit the downside from here. So, the fall from here is going to give us a very good buying opportunity.

Read more ​here​

Technicalcallbuy

Stock to buy today: Mahanagar Gas (₹1219.40)

The stock of ​Mahanagar Gas Ltd (MGL)​ has been rallying since early February. It established the uptrend after finding support at ₹1,020. Last week, the scrip gained 7.6 per cent and breached the neckline of an inverted head and shoulder chart set up at ₹1,185. This is a strong indication that the trend has turned bullish.

Read more ​here​

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Stock to buy today: Mahanagar Gas (₹1219.40)

Traders can buy the stock now at ₹1,219 and add longs at ₹1,185. Place stop-loss at ₹1,125

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