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
Synopsis: The IPO market is facing significant pressure today as the broader Sensex and Nifty crash due to escalating Middle East tensions. While Rajputana Stainless has just announced its price band, existing issues like Omnitech Engineering and PNGS Reva are seeing their Grey Market Premiums (GMP) evaporate to zero or negative territory. IPO Market Update:
Synopsis: Pune-based SEDEMAC Mechatronics is set to launch its ₹1,087.45 crore IPO on Wednesday, March 4, 2026. While the company boasts a powerful technology moat and dominant market share in niche segments, the 100% “Offer for Sale” structure and a staggering 127x P/E valuation have sparked a “Proceed with Caution” signal among conservative analysts. SEDEMAC
Synopsis: The Indian stock market will remain closed tomorrow, Tuesday, March 3, 2026, in observance of Holi. While trading in the equity and derivatives segments will be fully suspended, the commodity market will follow a split schedule, reopening for the evening session. Stock Market Holiday Alert: Market Closed for Holi 2026? As investors navigate a
Synopsis: Shares of travel-linked companies, including IndiGo, Ixigo, and RVNL, witnessed a sharp sell-off on Monday, March 2, 2026. Escalating hostilities between the US, Israel, and Iran have triggered indefinite airspace closures across the Gulf, forcing massive flight cancellations and a “risk-off” sentiment that has hammered the broader tourism and infrastructure indices. Aviation and Tourism
Incorporated in 2020, SPCL is a fast-growing infrastructure firm based in Jharsuguda, Odisha. The company specializes in critical civil engineering projects, including roads, highways, high-level bridges, and mining infrastructure. Srinibas Pradhan Constructions IPO Odisha Infra Leader | Highways & Bridges Specialist | NSE SME Listing Price Band₹91 – ₹98 Issue Size₹20.32 Cr Lot Size1,200 Shares Market Cap₹77.04
Incorporated in 2012, Elfin Agro India is a Rajasthan-based FMCG player specializing in wheat-based products and mustard oil. The company is famous for its flagship brands “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG”. Elfin Agro India Ltd IPO Shiv Nandi Brand | FMCG Agro-Products | BSE SME Listing Issue Price₹47 Per Share Issue Size₹25.03 Cr Lot Size3,000 Shares Market Cap₹91.30
Incorporated in 1991, Rajputana Stainless is an established manufacturer of long and flat stainless-steel products. Operating a massive facility in Kalol, Gujarat, the company serves critical industries including Aerospace, Defense, Oil & Gas, and Automotive. Rajputana Stainless Ltd IPO Steel Manufacturing Excellence | Defense & Aerospace Supplier | BSE & NSE Listing Price Band₹116 – ₹122 Issue Size₹254.98
Synopsis: Shares of Clean Max Enviro Energy Solutions Limited made a dismal debut on the stock exchanges today, March 2, 2026. After listing at a 9.6% discount, the stock extended its losses to trade at ₹876.80 by mid-morning—a staggering 17% drop from its issue price of ₹1,053. The weak performance is attributed to a combination
Synopsis: Shares of India’s upstream oil and gas producers, ONGC and Oil India, rallied up to 5% on Monday, March 2, 2026. This surge stands in stark contrast to a broader market crash, as the escalation of the US-Iran conflict pushed international crude oil prices to their highest levels since early 2025, significantly boosting revenue
Synopsis: The Indian stock market witnessed a historic “Black Monday” on March 2, 2026, with the Sensex crashing nearly 1,200 points and the Nifty50 sliding below the 24,900 mark at the opening bell. A massive spike in global oil prices, triggered by the killing of Iran’s Supreme Leader and the subsequent closure of the Strait
