PSU Banks Slide up to 5% Amid War-Led Selloff; UCO, BoB, Punished Most
India’s publicly‑owned banks slumped sharply on March 27 as the Iran‑Israel war sparked a broad market sell‑off. The Nifty PSU Bank index fell 3.4% to 8,285, with every one of the 12 constituent stocks in the red; UCO Bank, Bank of Baroda and Punjab National Bank each lost around 20% since the conflict began. The broader market lost roughly Rs 8 lakh crore (about $96 billion) in wealth, while the rupee slipped to a record low of ₹94.79 per dollar. The downturn follows a brief rally and underscores heightened geopolitical risk for Indian financials.
HKEX, Bursa Malaysia Launch Co-Branded Index, Sign MOU to Enhance Market Connectivity
Hong Kong Exchanges and Clearing (HKEX) and Bursa Malaysia signed an MOU to deepen market connectivity, launching the co‑branded HKEX Bursa Malaysia Large Cap Index. The index tracks the 60 largest listed firms, allocating roughly 60% weight to Hong Kong companies and 40%...
RHB Downgrades S-Reits to ‘Neutral’ as Middle East Conflict Dims Hope for Rate Cuts
RHB downgraded its call on Singapore REITs to neutral from overweight, citing the Iran‑Israel conflict’s impact on global bond yields and delayed rate‑cut expectations. Analysts now see the U.S. Federal Reserve postponing its first cut until 2027, while European and...
Stock Market Live: Sensex Down 730 Points, Nifty Below 23,100 as Global Cues Weigh; Petrol Duty Cut, Diesel Levy Scrapped
Indian equity markets opened sharply lower on March 27, with the BSE Sensex dropping 730 points to 74,542 and the NSE Nifty slipping below 23,100 amid weak global cues and heightened Iran‑related geopolitical tension. The government announced a steep reduction...
Nifty 50 Jumps Nearly 800 Points in Two Sessions on US-Iran De-Escalation Hopes; Can the Rally Sustain?
The Nifty 50 surged 794 points (about 3.5%) over two sessions after President Donald Trump signaled a possible end to the US‑Iran conflict, reviving risk appetite on Dalal Street. The rally recovered much of March’s losses, though the index remains down...
Asian Stocks Mostly Fall, Oil Climbs Again over Iran War De-Escalation Uncertainties
Asian equity markets slipped on Thursday as uncertainty over a de‑escalation of the Iran war weighed on investor sentiment, with the Nikkei down 0.3%, the Kospi off 1.9% and the Hang Seng falling 1.4%. Oil prices rebounded, lifting Brent crude...
Global Market Update | Japan's Nikkei Gains on Middle East Optimism; SoftBank Jumps 6%
Japan's Nikkei index climbed 0.61% to 54,075, driven by a 6.2% jump in SoftBank shares after Arm Holdings forecast strong data‑center chip revenue. The rally reflects growing optimism that Middle‑East tensions may ease, even as the market stays below its...
Stock Markets Shut Today for Local Holiday; Sensex, Nifty Settle Higher in Previous Session
Indian equity markets closed Thursday for the Ram Navami holiday, with trading set to resume on Friday. In the previous session, the Nifty surged 1.72% to 23,306.45 points and the Sensex climbed 1.63% to 75,273.45, marking a second straight day of...
Iran War Sends Shockwaves Through Global Markets, Then a Relief Rally, What’s Coming Next?
The outbreak of war in Iran sent shockwaves through global markets, pushing South Korea's KOSPI to its worst session since 2008 and slashing Japan's Nikkei 225 by 10%. Oil prices spiked to briefly clear $115 per barrel before easing. Early...
Rising Retail Participation Boosts Market Liquidity but Heightens Volatility Risk, Says Jainam Broking MD and Chairman
Milan Parikh, MD and Chairman of Jainam Broking, says India’s retail investor base has exploded, boosting market liquidity and depth but also heightening volatility risk. He stresses that disciplined, educated participation is essential for long‑term wealth creation. The broking sector...
Gift Nifty Signals Strong Start as Trump’s Iran Talks Boost Global Sentiment
Indian markets kicked off strong on Wednesday as the Gift Nifty rose to 23,170, roughly 100 points higher at the open. The rally was spurred by President Donald Trump’s remarks suggesting imminent US‑Iran negotiations, which buoyed global risk appetite. Crude...
Mild Bargain Hunting Lifts PSEi Amid Hopes of US Easing Middle East Tensions
The Philippine Stock Exchange index edged higher on March 24, gaining 37.02 points (0.63%) to close at 5,936.20, led by mining stocks as gold prices rose, while trading volume slipped to 634 million shares worth roughly $102 million. The rally was sparked by...
Market Trading Guide: Buy Gujarat Fluorochemicals and HCL on Tuesday for Gains up to 11%
Technical analysts recommend buying Gujarat Fluorochemicals at ₹3,250 (≈$39) with a target of ₹3,595 (≈$43), implying an 11% upside, and HCL Technologies at ₹1,360 (≈$16) targeting ₹1,480 (≈$18), a 9% gain. The suggestions come as the Nifty 50 slipped on...
Singapore Stocks Fall on Monday; STI Down 2.2%
Singapore's benchmark Straits Times Index fell 2.2% (107.57 points) to 4,841.30 on March 23, 2026. Trading activity reached 2.1 billion securities worth S$2.8 billion (≈ $2.07 billion). Sembcorp Industries was the only blue‑chip gainer, up 2.6% (S$0.16 ≈ $0.12), while Singtel slumped 5.4% (S$0.28 ≈ $0.21) amid service disruptions. Regional...
PSEi May Retest 6,000 as Global Risks Dampen Sentiment
The Philippine Stock Exchange Index slipped to 6,018.62, down 0.67%, as global geopolitical tensions and a hawkish Federal Reserve pause dampen sentiment. Technical analysis shows support at 6,000 and resistance at 6,150, with the index trading below key exponential moving...
Japanese Stocks Decline as Hormuz Fears Amplify Risk-Off Mood
Japanese equities tumbled after former President Donald Trump threatened attacks on power plants near the Strait of Hormuz, reigniting concerns over rising oil prices. The Nikkei 225 dropped as much as 5% to 50,688.76, while the broader Topix fell 4.5%...
Australian Stocks Slide, Eyeing Technical Correction Territory
Australian equities slipped on Monday as the S&P/ASX 200 fell up to 2%, pushing the index 10% below its March 2 peak and edging toward a technical correction. Broad market weakness was driven by declines across most sectors, with miners and banks...
Stock Selloff Extends as Iran Conflict Escalates: Markets Wrap
A global sell‑off in equities and Treasuries intensified as the Iran war entered its fourth week, with no signs of de‑escalation. Gold extended its decline for a ninth straight day, highlighting a broad risk‑off across asset classes. Asian markets fell...
Nikkei 225 and TOPIX: Already Bottomed or Further Downside Ahead?
Bank of America sees the recent Nikkei 225 and TOPIX sell‑off as potentially marking a short‑term floor, but the market’s trajectory remains tied to geopolitical developments, especially the Middle East conflict and energy price stability. The decline was intensified by...
Malaysian Construction Firm IJM’s Leaders Urge Rejection of $2.8B Takeover Bid From Billionaire Jeffrey Cheah’s Sunway
Malaysian construction giant IJM Corp. has urged shareholders to reject Sunway Group’s MYR 11 billion ($2.8 billion) takeover proposal. An independent adviser valued IJM shares at a 46‑51% premium, deeming Sunway’s MYR 3.15 per share offer substantially undervalued. IJM’s board highlighted the...
Insider and Institutional Positioning for the Week
During the week of March 13‑19, institutional investors were net buyers of Singapore equities, injecting S$365 million and bringing the first‑quarter cumulative net inflow to S$60 million. The same period saw 21 listed companies execute share buybacks totaling S$86 million, while directors and CEOs...
FPIs Pull Out ₹35,475 Cr This Week From Indian Markets, March Outflows Hit ₹88,180 Cr
Foreign portfolio investors withdrew ₹35,475 crore from Indian equities this week, taking March’s cumulative outflow to ₹88,180 crore – the highest monthly net withdrawal recorded in 2026. The sell‑off accelerated after a Monday outflow of ₹10,827 crore and ended with a Friday dump...
Coupang (CPNG) Navigates Earnings Miss, Data Breach Fallout, and Regional Expansion
Morgan Stanley lowered its price target for Coupang to $29, while keeping an Overweight rating. The South Korean e‑commerce giant missed Q4 2025 expectations, posting a $0.01 EPS loss and revenue of $8.84 billion, below the $9.12 billion consensus. A recent data...
Tata Power Shares Jump 5% After Gujarat Govt Approves Supply Agreement for Mundra Plant
Tata Power’s shares jumped as much as 5% after Gujarat’s government approved a revised supply agreement for its 4‑GW Mundra coal‑fired plant, allowing the company to resume long‑term power deliveries. The plant had been idle for six months following the...
Raja Venkatraman, MarketSmith Recommend Five Stocks for 20 March
India's benchmark indices slumped over 3% on March 19, their steepest drop since June 2024, after HDFC Bank’s chairman resigned and crude‑oil prices spiked following Middle‑East attacks. The Nifty 50 closed at 23,002.15 and the Sensex at 74,207.24, erasing roughly 13 trillion rupees...
2 Top Stock Recommendations From Rahul Sharma
Indian equities slipped after a three‑day rally, but analyst Rahul Sharma sees the pullback as a buying window. He urges investors to accumulate Nifty ETFs amid stable volatility and cites a resilient Bank Nifty. Sharma’s high‑conviction stock picks are ONGC,...
JBM Auto, Olectra Greentech, Ather Energy, Ola Electric Shares Zoom on Optimistic EV Growth Outlook
Electric‑vehicle stocks JBM Auto, Olectra Greentech, Ather Energy and Ola Electric surged on March 18, 2026 as investors linked rising crude‑oil prices to stronger EV demand. JBM Auto closed 19% higher at ₹585.30 and Olectra rose over 17% to ₹1,058.15,...
Nifty Holds Above 23,500 as Bargain Hunters Return; 440 Stocks Hit 52-Week Lows
India's Nifty 50 closed at 23,581.15, up 0.74%, keeping the index above the 23,500 threshold for a second straight session. While the rally was powered by short‑covering and a sharp 8.39% fall in the India VIX, market breadth stayed fragile,...
Global Funds Look to Malaysia as Iran War Shakes up Asian Assets
Global funds are turning to Malaysia as the Iran‑Russia conflict rattles Asian markets. The country’s political stability, current‑account surplus and status as one of the few net oil exporters in the region have limited equity outflows, keeping the KLCI near‑flat...
Stocks to Watch: Singapore Airlines, Singtel, Yangzijiang Shipbuilding
Singapore Airlines reported a 17.4% YoY jump in Scoot’s passenger traffic for February, contributing to a 3.8% increase in total group traffic to 12.3 billion RPK. Singtel’s shares rose after the telco restored mobile services following an eight‑hour outage, which it...
South Korea and Japan Bear Brunt of Global Stock Sell-Offs Amid Oil Shock
South Korea and Japan have led global equity sell‑offs after the US‑Israel‑Iran conflict drove oil prices above $100 a barrel. The Kospi plunged 12% and the Nikkei slid nearly 9% since February 28, outpacing declines in Europe and the United States....
Metal Stocks Defy Market Volatility: Hindalco, JSW Steel, Tata Steel Advance as Nifty Metal Climbs 1%
The Nifty Metal index climbed 1% to 11,415.80, outpacing a volatile broader market as Hindalco, JSW Steel and Tata Steel each posted 2‑3% gains. Analysts attribute the rally to robust domestic steel demand driven by government infrastructure projects and a...
Japan Stocks Face Earnings Risk as Iran Conflict Lifts Oil Costs
Japan’s equity rally, driven by robust corporate earnings, is now under pressure as the Iran‑Israel conflict lifts crude prices. Brent crude sits around $104 a barrel, roughly 50 % above last year’s average, and a 10 % jump in Brent could shave...
Sunway Healthcare Set to Join FBM KLCI, Replacing QL Resources
Sunway Healthcare Holdings Bhd is slated to debut on Bursa Malaysia’s Main Market on March 18 and become the newest constituent of the FTSE Bursa Malaysia KLCI, replacing QL Resources. The demerger from Sunway Bhd positions Sunway Healthcare with an estimated...
IDX Still Drafting New Free Float Rules as Deadline Nears
The Indonesia Stock Exchange (IDX) is finalising a draft rule to raise the minimum free‑float requirement from 7.5% to 15% as its self‑imposed deadline approaches. The change follows MSCI’s warning that Indonesia could be re‑classified from an emerging to a...
Nifty 50 Is Down 12% From Its Peak: Is It Time for Bottom Fishing?
The Nifty 50 slipped more than 2% on March 13, leaving the index 12% below its January 5 peak of 26,373. The correction is fueled by rising crude prices amid the US‑Iran war, a weakening rupee, persistent foreign institutional outflows and heightened macro‑economic...
Pakistan Stock Market Crashes 1%, Down 3.5% This Week as US-Iran War Dents Investor Confidence — More Pain Ahead?
The US‑Iran conflict has driven Brent crude above $100, inflating Pakistan’s oil import bill and pushing the KSE‑30 down 3.5% this week and 9% for the month. A 20% petrol price hike and unchanged 10.5% policy rate have heightened inflation...
Remote Work Move Weighs on Transport, Media Stocks
Thailand’s caretaker government has ordered a temporary work‑from‑home arrangement for non‑essential public‑sector employees, aiming to curb energy use amid Middle‑East tensions. Analysts say the shift could modestly dent traffic volumes and weigh on transport operators such as Bangkok Expressway and...
PSEi Slips as Middle East Concerns Intensify
The Philippine Stock Exchange Index slipped 0.73% to 6,113.58 as oil prices surged to $100 per barrel amid heightened Middle East tensions. Analysts warned that oil could climb to $200, stoking inflation concerns and prompting expectations of a Bangko Sentral...
Power Stocks Surge as West Asia Crisis Reshapes India’s Energy Mix
Power stocks rallied sharply on Thursday as West Asia tensions disrupted LPG imports, prompting a rapid shift toward electricity. The Nifty Energy index jumped 1.93%, led by Adani Power (+7.89%) and ATGL (+7.51%). Analysts cite an early‑summer demand boost and...
Wednesday Wipeout: Investor Mood Sours After Tuesday’s Brief Respite
Indian equities plunged nearly 2% on Wednesday, pushing the Nifty 50 and Sensex to 10‑month lows as fresh West Asia tensions revived market anxiety. The sell‑off erased about ₹5.48 trillion in BSE market capitalisation in a single session, while foreign institutional...
Markets Stay in a Downtrend; Sugar and Pharma Offer Pockets of Resilience: Rohit Srivastava
Indian equity markets remain in a downtrend as the Nifty stays below the 24,300 resistance level and Bank Nifty under 57,100, signaling lower lows and lower highs. Technical analysis suggests the indices could test 23,700 and 55,200 respectively before any...
Stock Market Live Updates: Stock to Buy Today: Glenmark Pharmaceuticals (₹2,228.25) – BUY
The Gift Nifty opened at 24,335, signaling a modest dip and a likely flat start for the Indian market on March 11, 2026. Analysts expect Nifty to trade within a 24,000‑24,500 range amid heightened volatility from West Asia developments. Meanwhile,...
Asian Shares Surge, Echoing Rally on Wall Street as Oil Prices Sink Back to About $90
Asian equities rebounded sharply on Tuesday as oil prices retreated from a peak near $120 to around $90 a barrel, easing geopolitical risk concerns. President Donald Trump’s remarks that the Iran‑related conflict was “very complete” further calmed markets. Japan’s revised...
Chart Alert: Hang Seng Index Recovered at 24,765, Bulls Need to Break Abo...
The Hang Seng Index rebounded to 24,765, reclaiming its 200‑day moving average after a 1.6% intraday gain. Over the past ten days, it fell only 3.3% while China’s CSI 300 slipped 1.1%, outpacing regional peers hit by oil‑driven stagflation fears. Policy...
Stocks to Watch: Great Eastern, Suntec Reit, Intraco
Great Eastern announced the appointment of Andrew Khoo, an OCBC director, as its new chairman effective April 15, prompting a modest 0.76% share uptick. Suntec REIT’s manager, ESR Trust Management, received Monetary Authority of Singapore approval for a S$190 million acquisition...
Thai Bourse Buoyant on Return of Foreign Investors
The Stock Exchange of Thailand (SET) says foreign investors will likely return once geopolitical tensions ease, positioning Thailand as a regional safe‑haven. Since the Middle East conflict, the SET index fell about 10.5% but remains 8.5% higher year‑to‑date, keeping Thailand...
NHAI-Backed Raajmarg InvIT to Launch ₹6,000-Crore IPO on March 11
Raajmarg Infra Investment Trust (InvIT), backed by the National Highways Authority of India, is launching a ₹6,000‑crore IPO on March 11, priced between ₹99 and ₹100 per unit. The InvIT will own five toll‑road assets across Jharkhand, Andhra Pradesh, Tamil Nadu...
After Taking a Breather, Why Japan Stocks Could Keep Rising
Japan’s equity market has paused as the Iran‑Israel conflict lifts oil and gas prices, pulling TOPIX and the Nikkei down about 4% after strong YTD gains. Analysts argue the market remains fairly valued, with forward earnings multiples around 17.5×, and...
Stocks Post Largest Dip in History
Vietnam’s benchmark VN‑Index closed 115 points lower on March 9, marking the steepest one‑day decline in its history. The plunge, driven by margin calls and panic selling, saw all 30 VN‑30 constituents fall, with 24 hitting floor prices. Foreign investors exited...