Stocks

Brent Crude Surges 10% to $80 as Iran Conflict Sparks Fears of $100 Oil Brent crude prices jumped 10% to around $80 per barrel on Sunday, as escalating US and Israeli strikes on Iran pushed the Middle East into renewed conflict and triggered fears of a major supply disruption.Oil traders reported sharp gains at the start of trading, with analysts warning that prices could climb to $100 per barrel if tensions continue and the Strait of Hormuz remains closed.Strait of Hormuz Closure Emerges as Critical Risk According to Ajay Parmar, director of energy and refining at ICIS, the immediate military strikes are supportive of oil prices. However, the more decisive factor is the potential closure of the Strait of Hormuz.Tehran has warned...

Nifty Slides Below 200 Day Moving Average as Global Tensions Set Stage for Volatile Monday Late Sell Off Signals Market Unease Ahead of Weekend Developments Indian equity markets appeared to anticipate major geopolitical developments over the weekend, reflected in the sharp sell off during the final 30 minutes of Friday’s trading session.The Nifty, which had been attempting to hold above the 25,300 mark for most of the day, plunged nearly 150 points in just two minutes to touch 25,150. The index failed to stage any meaningful recovery before the close, underlining nervous sentiment among traders.Global Markets Await Reaction as US Futures Resume Sunday Global markets are set to react to the weekend developments starting Sunday...

Indian equity markets are set for a volatile start on Monday as geopolitical tensions escalate following the US attack on Iran, the confirmed death of Iran’s Supreme Leader Khamenei, and the reported closure of the Strait of Hormuz. The Strait remains a critical global oil supply route, and any disruption is expected to trigger a sharp spike in crude oil prices.Investors are closely monitoring oil-sensitive stocks, tourism-linked counters, gold financiers, metal companies, and firms with exposure to the Middle East.Oil-Sensitive Stocks to React to Crude Price Surge Crude oil prices are likely to surge in early trade, making upstream oil exploration companies key beneficiaries.An increase of one dollar in crude prices boosts the...

Thermax to Make Exactspace a Subsidiary Energy and environmental solutions provider Thermax Ltd on Friday announced that it has entered into a share subscription and share purchase agreement, along with a Shareholders' Agreement, with Exactspace Technologies Private Ltd, its promoters, and existing investors to acquire an additional 35.83% stake in the company.Following the transaction, Thermax’s total shareholding in Exactspace will increase to 51% on a fully diluted basis, making Exactspace a subsidiary. Thermax currently holds a 15.17% stake in Exactspace as an associate company.Under the agreements, Thermax will also have the right to acquire the remaining 49% stake after three years, subject to specified conditions. The...

SEBI Revises Green Debt Framework, Mandates Independent ESG Reviewers for Issuances The Securities and Exchange Board of India has revised the framework governing green debt securities, bringing it in line with the broader norms applicable to Environmental, Social, and Governance debt instruments. The updated guidelines take immediate effect and introduce stricter requirements for independent external review and certification of green bond issuances.Independent Third-Party Certification Now Mandatory Under the amended NCS Master Circular, issuers of green debt securities must appoint an independent third-party reviewer or certifier. The reviewer will be responsible for verifying that the issuance complies with the definition...

NSE CEO Ashishkumar Chauhan Proposes Minimum Criteria for F&O Trading Amid Retail Speculation Concerns Ashishkumar Chauhan, MD and CEO of the National Stock Exchange, has proposed introducing minimum qualifying criteria for participation in the Futures and Options segment, in a move aimed at curbing excessive speculation and protecting small investors.Call for Safeguards in Derivatives Trading Speaking at the FIA Conference in Mumbai on Friday, Chauhan underlined the growing concern around retail participation in derivatives markets, particularly among lower-income groups. He stated that no developing country can allow its lower-income citizens to lose their money, energy, and resources in speculative activities.Chauhan emphasized...

SpiceJet Shares in Spotlight as Autumn Investment Invokes 6.8% Promoter Stake Shares of SpiceJet Ltd are expected to remain in focus on Friday, February 27, after Autumn Investment invoked pledged shares amounting to a 6.8 percent stake in the airline, triggering a significant change in shareholding dynamics.Autumn Investment Invokes 10.37 Crore Pledged Shares In a stock exchange filing, Autumn Investment disclosed that it acquired 10.37 crore equity shares of SpiceJet on February 25 through the invocation of pledged shares. The move relates to outstanding dues from Spice Healthcare Pvt. Ltd.The shares were originally held by promoter Ajay Singh and had been pledged as collateral against the borrower’s obligations. Following the...

Vishal Mega Mart Shares in Spotlight as Block Deal Size Raised to ₹7,500 Crore Shares of Vishal Mega Mart Ltd. will be in focus on Friday, February 27, after reports indicated that the size of an upcoming block deal in the stock has been increased significantly.Block Deal Size Increased Ahead of Market Open According to reports prior to market opening, the proposed block deal has been revised upward to ₹7,500 crore from the earlier indicated ₹3,507.5 crore.Earlier, it was reported that Samayat Services LLP was likely to offload up to a 6.9% stake in the hypermarket chain at ₹115 per share, aggregating to ₹3,507.5 crore through a block deal. As per shareholding data available on the stock exchanges, Samayat Services held a 54.09%...

Gold and silver prices remained stable on Friday as persistent geopolitical tensions supported safe haven demand, while a firm US dollar capped further gains.Spot gold held steady at $5,187.39 per ounce after touching a three week high earlier this week. US gold futures for April delivery edged up 0.2% to $5,204.10 per ounce. Spot silver gained 0.6% to $88.81 per ounce, extending momentum after hitting a three week high on Wednesday.Strong Dollar Limits Bullion Upside The US dollar hovered near three week highs, making dollar denominated bullion more expensive for holders of other currencies. The currency strength dampened fresh buying interest even as geopolitical uncertainty remained elevated.Market sentiment was also shaped by...

GCQ Funds Management Says Software Stock Sell-Off Has Bottomed Out, Deploys A$200 Million Into Tech Sydney based hedge fund GCQ Funds Management has declared that the sharp global sell-off in software stocks has likely reached its bottom, even as volatility continues to grip the technology sector.The fund, which manages more than A$2 billion in assets, deployed A$200 million into technology stocks during the recent downturn. The buying was funded by trimming positions in some of its top-performing holdings, including shares of European luxury goods companies.GCQ Targets Global Software Majors According to Chief Investment Officer Doug Tynan, GCQ has been evaluating opportunities in leading global software names such as Microsoft...

CoreWeave Shares Slide 13% After Wider Loss, Heavy Capex Plan Raises Investor Concerns CoreWeave Stock Drops Despite Revenue Beat Shares of CoreWeave Inc. fell as much as 13% in extended trading after the AI data center operator reported a wider-than-expected quarterly loss and unveiled a sharply higher capital expenditure plan.The company posted a loss of $0.89 per share for the December quarter, significantly deeper than the $0.72 per share analysts had projected. Despite the earnings miss, revenue came in stronger than expected at $1.57 billion, surpassing the $1.55 billion estimate.CoreWeave shares dropped to as low as $84.64 in late trading following the announcement. The stock had closed at $97.63 and was up 36% so far this...

PNGS Reva Diamond Jewellery IPO Allotment Today After 1.23x Subscription; Listing Set for March 4 The IPO of PNGS Reva Diamond Jewellery is set to see its allotment finalized on Friday, February 27, after the ₹380 crore public issue was fully subscribed on the final day of bidding. The offering witnessed steady demand, supported by participation from non institutional investors and retail investors.PNGS Reva IPO Subscription Details The IPO received an overall subscription of 1.23 times on Day 3, with bids for 70.31 lakh shares against 57.06 lakh shares on offer, as per NSE data.Category wise subscription stood as follows:Qualified Institutional Buyers subscribed 1.04 times Retail Individual Investors subscribed 1.29 times Non...

Asian Markets Slip From Record Highs as Wall Street Weakness and AI Volatility Weigh on Sentiment Asian equities retreated from record levels on Friday morning after a pullback in US benchmarks dampened global risk appetite, even as the region continues to outperform on the back of artificial intelligence driven optimism.Nikkei, Kospi Open Lower; MSCI Asia Pacific Stays Flat Japan’s Nikkei 225 and South Korea’s Kospi declined at the open, leaving the MSCI Asia Pacific Index largely flat in early trade. The regional gauge had climbed more than 6% in February and was heading for its third straight month of gains.The muted start follows weakness on Wall Street, where futures for US benchmarks slipped in early Asian hours after the S&P...

Nvidia Stock Falls 5.5% Despite Strong Earnings as OpenAI Deal, China Curbs and Competition Raise Concerns Nvidia Delivers Another Beat but Street Seeks Clarity Nvidia Corp., the global leader in AI chip supply and the world’s most valuable company, has once again reported a quarter that exceeded Wall Street expectations. The company beat estimates on revenue and earnings per share and also issued guidance for the upcoming quarter that topped forecasts.However, in the current market environment, strong numbers alone are not sufficient. Investors are now demanding clarity on strategic and structural issues that could influence Nvidia’s long term trajectory.Despite the earnings beat, shares of Nvidia closed 5.5% lower on Thursday...

Block, Inc. to Cut Over 4,000 Jobs as AI Push Fuels 25% Stock Surge Block, Inc., the financial services company co-founded by Jack Dorsey, announced on Thursday, February 26, that it will lay off more than 4,000 employees, reducing nearly half of its workforce. Following the announcement, the company’s shares surged 25% in extended trading on Wall Street.Workforce to Drop Below 6,000 In a letter to shareholders, Dorsey described the move as a difficult decision. The company’s workforce will shrink from over 10,000 employees to just under 6,000. As of December 31, 2025, filings showed that Block employed a total of 10,205 people.Chief Financial Officer Amrita Ahuja said the restructuring will position the company for its next phase...

US Stock Market Today: Nvidia Slides 5.5%, S&P 500 and Nasdaq End Lower Despite Broad Gains US equity markets closed mixed on Thursday, February 26, as a sharp decline in chip heavyweight Nvidia Corp. weighed heavily on benchmark indices, overshadowing an otherwise resilient session marked by positive market breadth.Nvidia Fall Drags Down S&P 500 and Nasdaq Shares of Nvidia dropped 5.5 percent despite reporting a strong quarterly performance and issuing guidance that exceeded expectations. The stock’s decline spilled over into the broader semiconductor space, pulling down major chipmakers including Advanced Micro Devices, Broadcom Inc., Intel Corp., and Taiwan Semiconductor Manufacturing Company, each of which fell between 3 percent...

SEBI Receives Expert Panel Reports on Agricultural Commodity Derivatives Framework The Securities and Exchange Board of India on Thursday said that the working groups constituted to review the delivery and settlement framework and regulatory norms in the agricultural commodity derivatives segment have submitted their reports to Chairman Tuhin Kanta Pandey.The regulator confirmed that the expert panels formally presented their findings to the Chairman as part of a broader review exercise aimed at strengthening the commodity derivatives market architecture.Review of Margins, Position Limits and Settlement Mechanisms The working groups were assigned to assess whether the current framework governing margins, position limits, and...

Samayat Services LLP Plans 6.5% Stake Sale in Vishal Mega Mart via ₹3,507.5 Crore Block Deal Samayat Services LLP is likely to divest up to 6.5 percent of its stake in Vishal Mega Mart Ltd through a block deal, according to sources familiar with the development. The proposed transaction is valued at ₹3,507.5 crore.The floor price for the deal has been set at ₹115 per share, reflecting a discount of 9.8 percent to the prevailing market price. Shares sold under the block arrangement will be subject to a 150 day lock in period.The potential stake sale comes at a time when Vishal Mega Mart has reported steady growth in earnings and continued expansion across key markets.Vishal Mega Mart Q3 Results: Profit Rises 19.1% to ₹312.9 Crore...

NSE IPO Process Gains Momentum as Exchange Invites Bids from Investment Banks National Stock Exchange Issues RFP for Lead Managers Ahead of Proposed IPO The National Stock Exchange of India Ltd has taken a significant step toward its long-awaited initial public offering by issuing a request for proposals to investment banks, inviting them to bid for advisory roles in the planned share sale, according to people familiar with the development.The exchange is expected to finalise its advisors by mid-March, the sources said, requesting anonymity as the process remains confidential.A spokesperson for NSE confirmed that the company’s board has approved the IPO but did not provide additional details.Rothschild Appointed to Oversee Listing...

Jio Financial Services Invests ₹2,000 Crore in Jio Credit Ltd Jio Financial Services Ltd on Thursday, February 26, announced an investment of nearly ₹2,000 crore in its wholly owned subsidiary, Jio Credit Ltd, through a fresh equity subscription, according to an exchange filing.The company subscribed to and received 3,35,71,923 equity shares of Jio Credit Ltd with a face value of ₹10 each at a premium of ₹585.70 per share. The total investment amounted to ₹1,999.88 crore. The transaction was completed in cash at 11:30 a.m. on the same day.Jio Credit Ltd, a non banking financial company, will use the funds to support its business operations and expansion plans.The company stated that the transaction qualifies as a related party...