Forex Directory India News

Gold rate drops 4% in March despite US–Iran war, increased inflationary risks...
Tuesday, March 17,2026,11:44

US Gold Futures has shed more than 4% in March so far despite a US-Iran war. Domestic spot gold prices, as per the MCX data, have declined by more than ₹3,000, or 2%, per 10 grams this month. .. read more..

‘Not for all LPG consumers’: Govt clarifies on eKYC norms
Tuesday, March 17,2026,11:37

The clarification came as some news reports have been circulating on the issue of biometric aadhaar authentication for LPG consumers .. read more..

Broker’s Call: Patanjali Foods (Buy)
Tuesday, March 17,2026,11:34

Systematix Institutional Equities .. read more..

LPG consumption slumps 17% in March on war-related shortages
Tuesday, March 17,2026,11:26

LPG consumption fell to 1.147 million tonne during the first fortnight of March, 17.3% lower than 1.387 million tonne consumed in the same period last year and 26.3% lower than 1.557 million tonne demand in the first half of February .. read more..

How market corrections during global conflicts create long-term opportunities
Tuesday, March 17,2026,11:24

Analysts say market weakness offers long-term buying opportunities, as history shows strong post-crisis market recoveries .. read more..

Oil shock: Panel urges Finance Ministry to craft strategic energy mitigation ...
Tuesday, March 17,2026,11:14

A parliamentary panel has urged the Department of Economic Affairs to create an energy mitigation framework. It also called for a national strategy for critical minerals and streamlining FDI rules. The panel wants states to move away from revenue deficit grants. Reforms are suggested for fiscal prudence and transparency in off-budget borrowings. .. read more..

Broker’s Call:  FSN E-Commerce Ventures (Sell)
Tuesday, March 17,2026,10:53

HDFC Securities .. read more..

Stock to buy: Why HDFC Bank is a must-have stock in your portfolio? Explained
Tuesday, March 17,2026,10:50

HDFC Bank is highlighted as a reliable long-term investment, demonstrating consistent returns over the years. Despite recent declines due to global factors, brokerages maintain strong ratings and positive growth expectations, making it an attractive option for investors. .. read more..

IPO GMPs: Skyways Air IPO vs CMPDI IPO — what grey market premium signals?
Tuesday, March 17,2026,10:48

The Indian IPO market remains active in March 2026, with over 10 offerings lined up despite volatility. The CMPDI IPO shows strong demand with a grey market premium of ₹22, indicating a potential listing price of ₹194. Meanwhile, Skyways Air Services IPO has been postponed. .. read more..

Gainers & Losers: Ola Electric among 5 big movers on Tuesday
Tuesday, March 17,2026,10:40

Markets ended higher Tuesday, driven by banks, auto and metals. Lloyds Metals surged on expansion, while Ola Electric and IDBI Bank fell on brokerage cuts and divestment concerns. IT stocks stayed under pressure amid fresh fears of AI-led disruption. .. read more..

Rupee falls 12 paise to settle at record low of 92.40 against US dollar
Tuesday, March 17,2026,10:40

The rupee hit an all-time low of 92.40 against the US dollar on Tuesday, pressured by rising crude oil prices and sustained foreign fund outflows amid the West Asia crisis. Despite a positive trend in domestic equity markets, investors remained watchful of the US Federal Reserve's interest rate decision. .. read more..

Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS pay...
Tuesday, March 17,2026,10:36

A parliamentary panel has urged an immediate review of the Employees' Pension Scheme 1995's minimum monthly pension. The current Rs 1,000 is deemed insufficient for basic needs. Pensioners have demanded an increase to Rs 7,500. The committee also recommended improvements for contractual and gig workers' social security. .. read more..

Share Market Highlights: Sensex jumps 568 points, Nifty nears 23,600 in stron...
Tuesday, March 17,2026,10:32

Sensex, Nifty updates on 17 March 2026: The Sensex climbed 567.99 points, or 0.75%, to close at 76,070.84, while the Nifty 50 advanced 172.35 points, or 0.74%, to settle at 23,581.15. Indian equities extended their rally for a second straight session, driven by gains in metal and auto stocks, though elevated crude prices and continued foreign investor outflows capped the upside amid ongoing West Asia tensions. .. read more..

Rs 39.48 lakh cr sanctioned so far under PM-MUDRA, NPAs at around 2 pc: FM Si...
Tuesday, March 17,2026,10:30

The Pradhan Mantri MUDRA Yojana has empowered numerous small entrepreneurs. Over Rs 39 lakh crore has been sanctioned since its launch. Non-performing assets remain low at approximately 2 percent. The scheme supports new and women entrepreneurs significantly. Banks are actively recovering outstanding loans through various measures. .. read more..

Top Gainers & Losers on Mar 17: Nalco, SAIL, Eternal, Syrma SGS, BSE, TVS...
Tuesday, March 17,2026,10:28

The Indian stock market rose for the second consecutive day on March 17, with Nifty 50 gaining 0.74% and Sensex up 0.65%. Recovery in metal and auto stocks offset losses in tech sectors amid ongoing inflation concerns affecting equities. .. read more..

Parliamentary panel urges a 'golden share' strategy to protect PSU autonomy i...
Tuesday, March 17,2026,10:21

A parliamentary panel urged the government to finalize a 'golden share' strategy to protect PSU autonomy as state stakes fall below 51%. Recommendations also include enhancing MoU frameworks, prioritizing vacant officer positions, and developing a roadmap for InvITs and REITs. The committee stressed bridging revenue gaps and optimizing debt management for economic stability and growth. .. read more..

Gold lender Muthoot FinCorp said to plan nearly Rs 2,800 crore IPO
Tuesday, March 17,2026,10:18

Muthoot FinCorp, a prominent gold loan lender, is reportedly planning an Initial Public Offering (IPO) that could raise up to $300 million. The company is in discussions with bankers for the offering, which is expected to be a mix of new and existing shares. This move comes despite a challenging market environment for new listings. .. read more..

Commodity Radar: Crude oil futures jump over 4% on MCX. Religare analyst sees...
Tuesday, March 17,2026,10:04

Crude oil prices surged over 4% on MCX as geopolitical tensions in the Middle East disrupted supply expectations. Analysts expect continued volatility but maintain a bullish outlook, citing tight supply conditions. Religare suggests initiating long positions, with potential upside driven by sustained disruption in the Strait of Hormuz. .. read more..

Why is stock market rising? Sensex gains 568 points, jumps 1,500 points in 2 ...
Tuesday, March 17,2026,10:03

The Sensex rose 568 points, or 0.75%, to close at 76,070.84, while the Nifty 50 settled at 23,581.15, rising 172 points, or 0.74%. Over two sessions, the Sensex and the Nifty 50 jumped 2% each. .. read more..

10 large-cap stocks deliver record quarterly profits over 10 quarters
Tuesday, March 17,2026,10:00

10 companies in the NSE large-cap segment reported December 2025 quarterly profits that were at least 15% higher than their previous peak profits over the past ten quarters.​ .. read more..

Gold rate today in India ₹24,000 away from record high. Time to buy or sell ...
Tuesday, March 17,2026,09:59

MCX gold rate today is around ₹1,56,750 per 10 gm, around ₹24,000 away from the record high of ₹1,80,779 .. read more..

525% rally in one year! Multibagger stock CUPID extends rally for second day ...
Tuesday, March 17,2026,09:56

Cupid, a small-cap stock valued at ₹10,622 crore, surged 3% after announcing its development of a nitrile female contraceptive, diversifying the single-supplier market. The company aims to combine Indian manufacturing with Japanese quality standards, targeting the projected USD 1.2 billion. .. read more..

Global Markets | European shares open steady as Middle East conflict drags on
Tuesday, March 17,2026,09:54

European shares were little changed on Tuesday as investors ‌assessed the ⁠economic ⁠damage from a prolonged Middle East conflict. .. read more..

Strait of Hormuz Closure: ExxonMobil, Lockheed Martin to BAE Systems — these ...
Tuesday, March 17,2026,09:49

The closure of the Strait of Hormuz would disrupt global LNG flows, favouring non-Gulf producers. Companies like Flex LNG and Golar LNG stand to benefit. The situation could increase global inflation and reduce GDP, while non-Gulf oil producers may gain from higher crude prices. .. read more..

Parliamentary panel advises MoSPI to optimise fund use, seek extra funds if n...
Tuesday, March 17,2026,09:43

A Parliamentary panel has urged the Statistics Ministry to use allocated funds wisely. The ministry faces funding shortfalls for key schemes like Support for Statistical Strengthening. The panel advised seeking supplementary funds if necessary. It also recommended developing an integrated digital dashboard for consolidated data. Expediting the National Child Survey and improving the MPLAD Scheme portal were also highlighted. .. read more..

Eternal share price zooms 6% amid stock market rebound; JM Financial sees ano...
Tuesday, March 17,2026,09:35

Eternal shares have lost 39.7% from 52-week high of ₹368.40 based on Monday's closing levels. The correction in Eternal shares, which started in the December quarter, continues, with the stock shedding almost 30% during this period. .. read more..

Second LPG tanker from Strait of Hormuz reaches Gujarat coast amid supply con...
Tuesday, March 17,2026,09:32

The vessel’s arrival follows Monday’s berthing of MT Shivalik at Mundra Port after transiting the strategically critical Strait of Hormuz, bringing 46,000 MT of LPG cargo for Indian Oil Corporation .. read more..

Infosys share price drops 3% to lowest level since April 2023; m-cap slips be...
Tuesday, March 17,2026,09:31

Infosys shares dropped nearly 3% to ₹1,215, reaching their lowest since April 2023, amid ongoing tech stock sell-offs. The company's market cap fell below ₹5 lakh crore, losing ₹1,72,530 crore in two months, with concerns over rising oil prices and interest rates affecting demand. .. read more..

India’s second LPG carrier ‘Nanda Devi’ arrives at Gujarat port
Tuesday, March 17,2026,09:29

‘Nanda Devi’ has docked at Vadinar port in Devbhumi Dwarka district, and preparations were being made to shift the LPG to the daughter ship, Deendayal Port Authority Chairman Sushil Kumar Singh told reporters .. read more..

Polycab is getting wired for softer demand in the near-term
Tuesday, March 17,2026,09:27

While disruptions arising because of the Middle East conflict are expected to hurt Polycab, the stock may remain range-bound until there is clearer evidence of volume recovery and margin expansion. .. read more..

Rebalance when asset weights drift, not when headlines shout: DSP CEO Kalpen ...
Tuesday, March 17,2026,09:27

.. read more..

Maharatna PSU Power Finance Corporation announces interim dividend of ₹3.25 ...
Tuesday, March 17,2026,09:26

PFC board of directors at their meeting held today, March 17, approved a fourth interim dividend of ₹3.25 per equity share on the face value of the paid-up equity shares of ₹10 per share each for FY 2025-26. .. read more..

US Fed meeting in focus: Check date, time, expectations and where to watch Je...
Tuesday, March 17,2026,09:19

Market experts anticipate the US Fed to keep the interest rate unchanged in the upcoming FOMC March 2026 meeting, as markets remain sensitive to oil prices amid the US-Iran war. .. read more..

Iran war impacts Indian oilmeal exports
Tuesday, March 17,2026,09:05

Data compiled by the Solvent Extractors’ Association shows exports dropped 11% in the 11 months of the current fiscal .. read more..

India oilmeal exports hit by US-Iran conflict, Red Sea disruptions
Tuesday, March 17,2026,09:03

Escalating US-Iran tensions are disrupting India's oilmeal exports, with significant portions to the Middle East and Europe facing logistics challenges due to Red Sea and Strait of Hormuz instability. Shipping detours and increased costs are impacting overall export volumes, while a surge in Chinese demand for Indian rapeseed meal faces renewed competition following tariff suspensions. .. read more..

From 29,300 to 24,900: Nomura slashes Nifty target, says another 5% correctio...
Tuesday, March 17,2026,08:49

Nomura has cut its Nifty target by 15% to 24,900, warning of a further 5% downside amid geopolitical tensions, rising oil prices and weakening flows. The brokerage sees risks to earnings and valuations, though it believes deeper corrections could create long-term buying opportunities for investors. .. read more..

2 top stock recommendations from Vinay Rajani
Tuesday, March 17,2026,08:41

Indian equity markets experienced sharp intraday swings, with Nifty finding support near 22,950 but facing resistance at 23,560. Market analyst Vinay Rajani suggests a potential pullback rally to 23,700–23,800, recommending long positions in Nifty with a stop loss at 23,200. He also highlighted stock-specific opportunities in Linde India and MCX. .. read more..

Crude climbs past $103 again as Iran war disrupts supply
Tuesday, March 17,2026,08:37

Oil prices rose around 3% on Tuesday, ​clawing back some of the previous session's losses on renewed supply fears, with the Strait of Hormuz largely shut and U.S. allies rejecting calls to deploy warships to escort tankers through the key chokepoint. .. read more..

Global Markets | Japan's Nikkei falls a 4th day tech shares weigh, oil surges
Tuesday, March 17,2026,08:30

Japan's Nikkei index fell on Tuesday, ending a four-day decline. Chip-related stocks and rising oil prices impacted the market. Early gains were erased as crude prices rebounded. Technology shares weakened after Nvidia's presentation. Investors reacted to the lack of major surprises from Nvidia. Kawasaki Kisen and Daiichi Sankyo saw significant gains. .. read more..

Global Markets | Australian shares gain as split RBA hike cools rate fears
Tuesday, March 17,2026,08:28

Australian stocks closed higher on Tuesday. The Reserve Bank of Australia increased interest rates by 25 basis points. This move was anticipated by the market. A close vote on the decision reduced expectations for another immediate rate hike. Miners and financial companies saw significant gains. Global markets also showed stability. .. read more..

India growth outlook dims as oil tops $100, gas crisis deepens
Tuesday, March 17,2026,08:26

A distant war is impacting India's economy. Soaring oil prices and gas shortages are affecting homes and businesses. This energy crisis threatens economic growth and raises inflation concerns. Industries are halting operations. The situation is creating strain for everyday citizens and impacting employment. The external sector faces significant risks as well. .. read more..

Oil shock triggers rush into Indian rupee options, short-term bearish bets do...
Tuesday, March 17,2026,08:24

In ‌the first two weeks of March, the notional value ‌of dollar-rupee ⁠options traded in the U.S. was about $18.5 billion, nearing the ⁠roughly $24-$25 billion seen in each of the previous three months .. read more..

West Asia crisis: Second LPG carrier ‘Nanda Devi’ arrives at Gujarat port
Tuesday, March 17,2026,08:24

‘Nanda Devi’ has docked at Vadinar port in Devbhumi Dwarka district, and preparations were being made to shift the LPG to the daughter ship, Deendayal Port Authority Chairman Sushil Kumar Singh said .. read more..

SEBI issues consultation paper on revised nomination norms for demat accounts...
Tuesday, March 17,2026,08:21

SEBI said the consultation paper seeks public suggestions to modify the circular on nomination facilities, issued on January 10, 2025, to enhance the ease of investor onboarding and ease the nomination process by aligning with the banking norms on nomination. .. read more..

LT Foods launches limited-edition saffron-infused basmati rice under Daawat b...
Tuesday, March 17,2026,08:20

According to the company, cultivation follows pesticide-free, traditional methods, and each grain is hand-selected .. read more..

Jio may file draft IPO papers in 2-3 weeks
Tuesday, March 17,2026,08:16

The IPO, touted as India's biggest by a private company, will see Reliance Jio selling 2.5% stake. The company is likely to be valued between $100 billion and $120 billion, the people said. .. read more..

Central Mine Planning IPO GMP signals 13% listing pop! Can this Coal India-ba...
Tuesday, March 17,2026,08:13

Central Mine Planning IPO GMP today is ₹22, suggesting a listing gain of 12.8% if the trend holds. Despite its strong appeal for investors, the interest might be more issue-specific. .. read more..

10+ MFs added these 8 stocks in February; 3 turned multibaggers, up to 140% i...
Tuesday, March 17,2026,08:11

Over 10 mutual funds increased exposure to stocks like Multi Commodity Exchange of India, GE Vernova T&D India and National Aluminium Company in February, with three turning multibaggers and delivering up to 140% returns in FY26. .. read more..

10+ MFs added these 8 stocks in February; 3 turned multibaggers, soar up to 1...
Tuesday, March 17,2026,08:11

Over 10 mutual funds increased exposure to stocks like Multi Commodity Exchange of India, GE Vernova T&D India and National Aluminium Company in February, with three turning multibaggers and delivering up to 140% returns in FY26. .. read more..

'Biggest Bubble Bust': Robert Kiyosaki predicts gold at $35,000, silver at $2...
Tuesday, March 17,2026,08:01

Kiyosaki's warning of the biggest bubble in history sparks debate among investors, predicting soaring prices for gold, silver, and cryptocurrencies after a crisis. Schiff supports this with insights on silver's breakout and opportunities in mining stocks amid market volatility. .. read more..

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