Synopsis: Shares of Mazagon Dock Shipbuilders Limited (MDL) (NSE: MAZDOCK) skyrocketed by 11.52% to hit an intraday high of ₹2,414.90 on Thursday, March 5, 2026. The rally snapped a three-day losing streak, fueled by reports that the Indian Navy is set to finalize the mega Project 75(I) contract with Germany’s Thyssenkrupp Marine Systems for six […]

Synopsis: ICICI Securities has released fresh “Buy” recommendations for two high-growth players in the technology and logistics sectors. On March 3, 2026, the brokerage initiated coverage on Hexaware Technologies with a target price of ₹570, while simultaneously setting a high-conviction target of ₹175 for Shadowfax Technologies following its successful recent listing. ICICI Securities Sets Buy

Synopsis: Shares of National Aluminium Company (NALCO) (NSE: NATIONALUM) have delivered a stellar 12% return over the last three trading sessions, reaching an intraday high of ₹404.30 on Thursday, March 5, 2026. While the broader Sensex remains volatile, NALCO is benefiting from a “perfect storm” of rising London Metal Exchange (LME) prices and structural supply

Synopsis: Shares of BSE Limited (NSE: BSE) jumped over 4% to an intraday high of ₹2,735.50 on Thursday, March 5, 2026. The surge followed a regulatory filing where the exchange confirmed receiving a “nod” from SEBI to launch derivative contracts on two fresh indices: the SENSEX Next 30 and the BSE Focused Midcap. This move

Synopsis: Walmart-backed fintech giant PhonePe is reportedly aiming for a valuation of $9 billion to $10.5 billion for its upcoming Initial Public Offering (IPO) in India. Scheduled for April 2026, the issue is expected to be a 100% “Offer for Sale” (OFS), allowing major backer Walmart to trim its stake while early investors like Tiger

Synopsis: As global conflicts in 2026 drive an urgent demand for unmanned aerial systems, pure-play drone stocks like IdeaForge and RattanIndia Enterprises are in the spotlight. These companies, focused primarily on drone technology and services, are seeing massive order visibility for both defense and surveillance. IdeaForge and Pure play drone stocks in India The first

Synopsis: Shares of Tejas Networks Limited, a Tata Group company, jumped as much as 9% to an intraday high of ₹528.95 on Wednesday, March 4, 2026. The rally comes as the networking major unveiled its next-generation Data Center Interconnect (DCI) platform at the Mobile World Congress, aimed at capturing the global surge in AI-driven data

Synopsis: The Indian stock market resumed trading on Wednesday, March 4, 2026, with a massive gap-down following the Holi holiday. The Sensex plummeted over 1,700 points in the pre-open session, and the Nifty 50 slipped below the 24,350 mark, as escalating US-Israel-Iran hostilities and a 19-month high in crude oil prices triggered a global “risk-off”

Synopsis: Following the National Company Law Tribunal (NCLT) approval, Fortis Healthcare Limited (FHL) officially made its composite scheme of merger effective on March 1, 2026. By absorbing four wholly-owned subsidiaries into its primary arm, Fortis Hospitals Limited (FHsL), the healthcare giant is removing layers of corporate “clutter” to focus on its aggressive expansion targets. Fortis