Reliance Jio IPO: Existing Investors May Sell Part Stake
Reliance Jio Platforms is reportedly moving closer to its much-awaited IPO, with several global investors likely to pare small portions of their holdings through the public issue.
News
Trump Announces ‘$300 Billion Texas Refinery with Reliance
In a dramatic announcement that could reshape the American energy landscape, US President Donald Trump revealed plans for what he described as a historic $300 billion oil refinery project in Brownsville, Texas, marking the first new refinery to be built in the United States in nearly five decades.
MeitY Clears Dixon’s Strategic Display Module JV
Shares of Dixon Technologies surged nearly 7% to ₹10,501 after the company received approval from the Ministry of Electronics and Information Technology (MeitY) to form a joint venture with Chinese display manufacturer HKC Overseas Ltd.
Kwality Walls – Can a Penny Stock Become a Multibagger?
Kwality Walls is currently trading in the penny-stock zone, but the financial statements suggest a classic asset-heavy turnaround story where reported losses are largely driven by high depreciation.
Tejas Networks Surges 12% After NEC 5G Deal
Shares of Tejas Networks witnessed a sharp rally after the company announced a strategic manufacturing agreement with Japan-based NEC Corporation to produce carrier-grade 5G massive MIMO radios.
L&T bags Rs 5,000–10,000 Cr Transmission Orders
Engineering and infrastructure giant L&T witnessed strong buying interest in early trade after its Power Transmission & Distribution (PT&D) vertical secured a major batch of EPC orders valued between Rs. 5,000 crore and Rs. 10,000 crore.
NSE Launches Gold 10 Gram Futures from March 16
Investing in gold is set to become more accessible as the National Stock Exchange (NSE) introduces a new Gold 10 Gram Futures (GOLD10G) contract starting March 16, marking a major shift in India’s commodity derivatives market.
TCS–ServiceNow AI Alliance
TCS and ServiceNow have announced a multi-year strategic partnership aimed at accelerating large-scale AI adoption across global enterprises. The collaboration focuses on building industry-specific AI solutions
L&T–Nvidia AI Partnership: India’s First Gigawatt-Scale AI Factory
L&T has entered into a strategic partnership with Nvidia to develop sovereign, gigawatt-scale AI infrastructure under the IndiaAI Mission which could position India as a major global hub for next-generation AI computing.
Upcoming IPOs
When Expected
Main Board IPOs
Issue Dates
Powerica IPO Insights (O)
24 Mar – 27 Mar
Amir Chand Jagdish Kumar IPO (O)
24 Mar – 27 Mar
Sai Parenteral’s IPO (O)
24 Mar – 27 Mar
Central Mine Planning IPO
Listing – 30 Mar
SME IPOs
Issue Dates
Emiac Technologies IPO
27 Mar – 8 April
Vivid Electromech IPO
25 Mar – 30 Mar
Highness Microelectronics IPO (O)
24 Mar – 27 Mar
Tipco Engineering IPO
Allotment – 27 Mar
Speciality Medicines IPO
Listing – 30 Mar
NCD
Edelweiss Financial Services NCD March 2026
2 Mar – 16 Mar
Chemmanur Credits & Investments NCD March 2026
2 Mar – 16 Mar
Prachay Capital NCD
26 Feb – 12 Mar
IIFL Finance Limited NCD February 2026
17 Feb – 4 Mar
Issue Dates
Right Issue
Issue Dates
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Sical Logistics Limited – Rights Issue 2026
26 Feb – 10 Mar
Mutual Funds
NEWS CRUX
BF Utilities reported a strong quarterly performance, with net profit rising 22% YoY to Rs.103 crore, supported by improved operational efficiency. Revenue grew 12% YoY to Rs.235 crore,
Sanofi India reported a weak quarterly performance, with net profit declining 28% YoY to Rs.61.7 crore compared to Rs.91.3 crore in the year-ago quarter.
Jagatjit Industries reported a sharp turnaround in profitability, with net profit surging to Rs.64.4 crore in Dec 2025 compared to a loss of Rs.4.33 crore in the same quarter last year.
CIE Automotive reported a steady performance for the Dec 2025 quarter, reflecting consistent growth across key financial metrics. Revenue rose 13% YoY to Rs. 2,393 crore, supported by stable demand across global operations.
Pennar Industries delivered steady growth in its latest quarterly performance, reflecting stable demand across its engineering and manufacturing segments. It reported a 12% YoY rise in sales to Rs. 943 crore, supported by improved order execution.
Krishna Defence reported a strong performance with sharp growth across key financial parameters. The company posted a 23% YoY rise in sales to Rs. 63.7 crore, reflecting steady execution in defence orders. Profitability improved significantly, with EBIDT jumping 140% YoY
Market Insights
Intraday Stocks for Today
Uttam Sugar is in a high-momentum breakout phase, backed by strong technical alignment. Best Strategy: Buy on dips / Buy on breakout…..
Nifty Options Chain
Nifty is showing a high-conviction bearish setup, with strong resistance near 22500–22600 zone and weak support below.
– Key takeaway:- Sell near resistance – Buy puts on breakdown -Avoid aggressive longs
Bank Nifty Options Chain
Bank Nifty closed at 53708.10 after a strong 2.10% rise, showing rebound intent after recent correction, Short-term trend is bearish, but medium-term and long-term trend remain bullish
Reliance Option Chain
Reliance is in a short-term bullish trend, and the stock is trying to build a steady uptrend above the 20DMA zone, Buy on dips near 1405–1410 zone if price sustains above 1400
SBI Option Chain
SBI is attempting a recovery after a recent correction, and the option chain is showing early support at lower strikes. Buy near support, Add above 1070 breakout
Option Chain – L&T
L&T -28 April Expiry- SStock closed near 3650 after strong 3.77% move, indicating momentum revival, Short-term trend is bearish, but medium & long-term trend remains bullish
Derivatives strategy by SAMCO Securities
Short Covering Pushes Nifty Higher; 23,500 Next Key Hurdle, Momentum indicators have improved from oversold territory, Nifty Bank’s Range Shifts Higher; 53,000–55,000 in Focus
Nifty Technical Analysis by Nagaraj Shetti
After witnessing a massive fall on Monday, the market rebounded sharply on Tuesday on the back of easing tensions in the middle-east war front and Nifty closed the day higher by 399 points.
Sumeet Bagadia’s Breakout stocks
Stock Market Today: Nifty & Sensex Surge Nearly 2% — Is the Trend Reversing? Sumeet Bagadia’s Technical View – Immediate Support: 22,750 – 22,800
Commodity Insights
Crude Oil Eases Despite Structural Supply Risks
Bullion Rebounds, Crude Corrects, Base Metals Mixed, Natural Gas Weak, Gold and Silver Recover as Safe-Haven Demand Returns, Crude Oil Slips as Diplomacy Lowers War Premium.
Currency
Price action reflects persistent rupee weakness
The USD/INR daily chart continues to show a strong bullish structure, with the pair trading near the 94.00 zone and holding close to recent highs.
News
Reliance Jio IPO: Existing Investors May Sell Part Stake
Reliance Jio Platforms is reportedly moving closer to its much-awaited IPO, with several global investors likely to pare small portions of their holdings through the public issue.
Trump Announces ‘$300 Billion Texas Refinery with Reliance
In a dramatic announcement that could reshape the American energy landscape, US President Donald Trump revealed plans for what he described as a historic $300 billion oil refinery project in Brownsville, Texas, marking the first new refinery to be built in the United States in nearly five decades.
Main Board IPOs
Issue Date
Powerica IPO Insights (O)
24 Mar – 27 Mar
Amir Chand Jagdish Kumar IPO (O)
24 Mar – 27 Mar
Sai Parenteral’s IPO (O)
24 Mar – 27 Mar
Central Mine Planning IPO
Listing – 30 Mar
SME IPOs
Issue Date
Emiac Technologies IPO
27 Mar – 8 April
Vivid Electromech IPO
25 Mar – 30 Mar
Highness Microelectronics IPO (O)
24 Mar – 27 Mar
Tipco Engineering IPO
Allotment – 27 Mar
Speciality Medicines IPO
Listing – 30 Mar
NCD
Issue Date
Edelweiss Financial Services NCD March 2026
2 Mar – 16 Mar
Chemmanur Credits & Investments NCD March 2026
2 Mar – 16 Mar
Prachay Capital NCD
26 Feb – 12 Mar
IIFL Finance Limited NCD February 2026
17 Feb – 4 Mar
Right Issue
Issue Date
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Sical Logistics Limited – Rights Issue 2026
26 Feb – 10 Mar
Market Insights
Intraday Stocks for Today
Uttam Sugar is in a high-momentum breakout phase, backed by strong technical alignment. Best Strategy: Buy on dips / Buy on breakout…..
Nifty Options Chain
Nifty is showing a high-conviction bearish setup, with strong resistance near 22500–22600 zone and weak support below.
– Key takeaway:- Sell near resistance – Buy puts on breakdown -Avoid aggressive longs
Bank Nifty Options Chain
Bank Nifty closed at 53708.10 after a strong 2.10% rise, showing rebound intent after recent correction, Short-term trend is bearish, but medium-term and long-term trend remain bullish
Reliance Option Chain
Reliance is in a short-term bullish trend, and the stock is trying to build a steady uptrend above the 20DMA zone, Buy on dips near 1405–1410 zone if price sustains above 1400
SBI Option Chain
SBI is attempting a recovery after a recent correction, and the option chain is showing early support at lower strikes. Buy near support, Add above 1070 breakout
Option Chain – L&T
L&T -28 April Expiry- SStock closed near 3650 after strong 3.77% move, indicating momentum revival, Short-term trend is bearish, but medium & long-term trend remains bullish
Derivatives strategy by SAMCO Securities
Short Covering Pushes Nifty Higher; 23,500 Next Key Hurdle, Momentum indicators have improved from oversold territory, Nifty Bank’s Range Shifts Higher; 53,000–55,000 in Focus
Nifty Technical Analysis by Nagaraj Shetti
After witnessing a massive fall on Monday, the market rebounded sharply on Tuesday on the back of easing tensions in the middle-east war front and Nifty closed the day higher by 399 points.
Sumeet Bagadia’s Breakout stocks
Stock Market Today: Nifty & Sensex Surge Nearly 2% — Is the Trend Reversing? Sumeet Bagadia’s Technical View – Immediate Support: 22,750 – 22,800
Commodity Insights
Crude Oil Eases Despite Structural Supply Risks
Bullion Rebounds, Crude Corrects, Base Metals Mixed, Natural Gas Weak, Gold and Silver Recover as Safe-Haven Demand Returns, Crude Oil Slips as Diplomacy Lowers War Premium.
Currency
Price action reflects persistent rupee weakness
The USD/INR daily chart continues to show a strong bullish structure, with the pair trading near the 94.00 zone and holding close to recent highs.