Highlights

The markets bounced back another day, with BSE Sensex rising 0.83% and NSE Nifty50 gaining 0.93%, marking a strong recovery. Among sectors, Nifty Oil & Gas led the charge, soaring 2.59%. In stocks, Chennai Petroleum Corporation surged 11.83%, emerging as the top gainer, while Kalyan Jewellers India declined 3.65%, making it the biggest loser of the day.

Headline Indices

Sectors at a Glance

Top Gainers

Company	Today’s Chg	LTP
Nifty Oil & GasNIFTY OIL AND GAS	+2.59%+253.25	10045.85
Nifty MetalNIFTY METAL	+2.34%+203.45	8888.65
Nifty EnergyNIFTY ENERGY	+2.03%+630.40	31729.85

Top Losers

Company	Today’s Chg	LTP
Bank NiftyNIFTY BANK	+0.28%+137.75	48627.70
Nifty ITNIFTY IT	+0.19%+73.00	38145.30
Nifty RealtyNIFTY REALTY	-0.17%-1.40	826.15

*Prices shown may have delay up-to 15 minutes

Top Gainers

Company	Today’s Chg	LTP
Chennai Petroleum Corporation Ltd.CHENNPETRO	+11.83%+55.75	527.05
Godawari Power & Ispat Ltd.GPIL	+11.29%+18.48	182.21
Castrol India Ltd.CASTROLIND	+10.59%+23.55	245.88
Jyoti CNC Automation Ltd.JYOTICNC	+9.40%+78.35	911.65
Jindal Saw Ltd.JINDALSAW	+8.92%+22.34	272.70

Top Losers

Company	Today’s Chg	LTP
Kalyan Jewellers India Ltd.KALYANKJIL	-3.65%-17.05	450.40
J B Chemicals & Pharmaceuticals Ltd.JBCHEPHARM	-3.13%-51.50	1592.15
Craftsman Automation Ltd.CRAFTSMAN	-2.92%-149.25	4954.20
Bharti Hexacom Ltd.BHARTIHEXA	-2.82%-38.95	1342.35
Cello World Ltd.CELLO	-2.56%-14.40	547.30

*Prices shown may have delay up-to 15 minutes

India VIX₹13.73 +0.44%

Nifty Midcap 150₹18,341.00 +0.55%

Nifty Smallcap 250₹14,503.30 +1.49%

Top News of the day

• The government imposed import curbs on platinum alloy (below 99% purity) to prevent illicit imports mixed with gold. In October 2024, India raised concerns over rising silver, platinum alloy, and dry date imports from the UAE, urging compliance with trade rules.
• The government imposed import curbs on platinum alloy (below 99% purity) to prevent illicit imports mixed with gold. In October 2024, India raised concerns over rising silver, platinum alloy, and dry date imports from the UAE, urging compliance with trade rules.
• India’s services sector grew faster in February, with the HSBC India Services PMI rising to 59 from January’s 56.5. Increased domestic and global demand boosted new orders, output, and employment, while cost inflation eased to a four-month low.
• The RBI announced measures to ease tight liquidity, including ₹1 trillion OMO bond purchases in two tranches on March 12 & March 18 and a $10 billion USD/INR swap on March 24, ensuring orderly market conditions.
• Indian Railway Finance Corp. (IRFC) plans to expand beyond Indian Railways, funding infrastructure projects in power, mining, telecom, and more. It secured ₹11,500 crore in non-railway orders and aims to finance metro, ports, and PPP projects competitively.

Market Highlights

Castrol India Ltd.₹245.88 +10.59%

Castrol’s shares saw a surge post the announcement of Aramco exploring a bid for part or all of Castrol’s business, according to media reports. The company may merge Castrol with its Valvoline unit, with a strong focus on expanding in high-growth markets like India.

Om Infra Ltd.₹117.20 +8.90%

Om Infra has secured two water supply infrastructure projects covering Moradabad and Lucknow circles for ₹106.10 crore and ₹342 crore respectively, including supply works and operation & maintenance.

Route Mobile Ltd.₹1,034.40 +3.32%

Route Mobile, part of Proximus Global along with BICS and Telesign, is partnering with Nokia to enhance network API solutions. This collaboration will integrate APIs across platforms, enabling developers to create advanced enterprise applications.

Oil And Natural Gas Corporation Ltd.₹232.60 +1.60%

ONGC Green, a subsidiary of ONGC, acquired a 100% stake in PTC Energy for ₹925 crore to expand its renewable energy investments, mitigate long-term risks, and strengthen its clean energy portfolio.

Greaves Cotton Ltd.₹237.51 +0.94%

Greaves Electric Mobility, a Greaves Cotton subsidiary, partnered with Indofast Energy to launch Ampere ‘Magnus SW.S’, an e-scooter with battery swapping, helping B2B fleets and gig workers reduce costs and downtime while covering 100+ km daily.

Corporate Actions