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Mcap of 5 most valued firms erodes by ₹1 trn, HDFC Bank biggest laggard

The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex dipped 30.96 points, or 0.04 per cent, and the NSE Nifty slipped 36.6 points, or 0.15 per cent. "Markets ended the week on a largely flat note with a negative bias, reflecting underlying caution among participants. The tone remained positive during the first three sessions; however, a sharp decline on Thursday erased the gains, followed by a volatile final session," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While HDFC Bank, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever were the laggards, Reliance Industries, Bharti Airtel, State Bank of India, Infosys, and Life Insurance Corporation of India (LIC) emerged as the winners. The combined market valuation of the five firms eroded by Rs 1,02,771.87 crore. HDFC Bank's valuation tumbled Rs 56,124.48 crore to Rs

Updated On: 22 Mar 2026 | 10:36 AM IST

Rain, thunderstorms hit large parts of India; temperatures set to rise: IMD

Multiple weather systems have triggered rain, thunderstorms, and gusty winds across India, even as IMD forecasts a gradual rise in maximum temperatures in the coming days

Updated On: 22 Mar 2026 | 7:53 AM IST

ATF price rise impact may be visible from April 1: Aviation minister

Naidu said , "The impact should not translate into operations or the passengers. That will be the intention of the Ministry, and we will engage positively"

Updated On: 22 Mar 2026 | 6:49 AM IST

Trump threatens strikes on Iran if Hormuz not reopened in 48 hours

President Donald Trump on Saturday said the US will "obliterate" Iranian power plants if it doesn't fully open the Strait of Hormuz within 48 hours. Trump issued the ultimatum in a social media post whole he spent the weekend in Florida. He said he's giving Iran exactly 48 hours to open the vital waterway or face a new round of attacks. He said the US would destroy "various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!" Trump faces increasing pressure to secure the strait as oil prices soar.

Updated On: 22 Mar 2026 | 6:27 AM IST

47 injured after Iranian missile hits Dimona, Israel's key nuclear hub

At least 47 people were injured on Saturday evening after an Iranian missile struck the southern Israeli town of Dimona -- famous for the dome-shaped structure atop its nuclear centre and popularly known as "little India", rescue services said. Among the injured was a 12-year-old boy in serious condition after being hit by shrapnel, officials from the Magen David Adom (MDA) rescue services and local residents told PTI. A woman in her 30s was moderately hurt by glass shards, and 31 others suffered minor injuries from shrapnel or were hurt after falling over while running to shelters, they said. Some 14 others were treated for acute anxiety at Soroka Hospital in Beersheba. "The missile fell on a community building, and nearby older houses collapsed under the impact. Most of the people were in shelters, so they were not hurt badly, except for the young boy who stayed outside," a local resident told PTI. The Israel Defence Forces (IDF) said it is investigating the failure to intercept

Updated On: 22 Mar 2026 | 6:16 AM IST

Iran says its Natanz nuclear facility has been hit in an airstrike

Iran's Natanz nuclear facility was hit Saturday in an airstrike, the official Iranian news agency Mizan reported. There was no radiation leakage, it said. Natanz, Iran's main enrichment site, was hit in the first week of the war and several buildings appeared damaged, according to satellite images. The United Nations' nuclear watchdog said that "no radiological consequence" was expected from that earlier strike. The nuclear facility, located nearly 220 kilometers (135 miles) southeast of Tehran, had been targeted by Israeli airstrikes in the 12-day war between Iran and Israel in June 2025, and by the United States.

Updated On: 21 Mar 2026 | 11:37 PM IST

PM Modi speaks with Iranian President, hopes for peace in West Asia

PM Modi also discussed the West Asia's security situation and its wider implications with the Iranian President

Updated On: 21 Mar 2026 | 5:15 PM IST

Iran fires two missiles at Diego Garcia, signalling extended strike range

As per WSJ, one missile failed during flight, while a US warship launched an SM-3 interceptor at the second missile

Updated On: 21 Mar 2026 | 9:50 AM IST

US considering 'winding down' military campaign against Iran, says Trump

Trump's comments came shortly after he ruled out a ceasefire and kept the door open to deploying ground troops, highlighting how he continues to send wildly divergent signals about his objectives

Updated On: 21 Mar 2026 | 8:13 AM IST

Iran ready to allow Japanese vessels through Strait of Hormuz after talks

Japan relies heavily on West Asia for its oil-imports needs; the war in Iran prompted the Asian nation to release oil from its reserves this month

Updated On: 21 Mar 2026 | 8:07 AM IST

US allows sale of stranded Iranian oil until April 19 to bring down prices

US Treasury Secretary said the waiver could release about 140 mn barrels into markets amid Hormuz disruptions, as rising fuel costs intensify inflation worries and political pressure on Trump admin

Updated On: 21 Mar 2026 | 7:26 AM IST

Airlines warn free seat mandate will raise fares, hurt affordability

We were not consulted before this order was passed, said the Federation of Indian Airlines (FIA)

Updated On: 21 Mar 2026 | 12:09 AM IST

Semaglutide generics may fuel rush for cosmetic weight loss, warn doctors

As semaglutide goes off patent, doctors warn of misuse by non-obese individuals amid rising demand driven by social media and lower-cost generics

Updated On: 20 Mar 2026 | 11:26 PM IST

Two days after chairman's exit, three senior HDFC Bank execs asked to leave

Move linked to alleged mis-selling of Credit Suisse AT1 bonds to NRIs; comes days after chairman Atanu Chakraborty's sudden resignation

Updated On: 20 Mar 2026 | 11:10 PM IST

Mamata releases TMC manifesto, expands welfare schemes for women, youth

The party promised an increase of ₹500 in financial support for women, and a ₹1,500 monthly allowance for all unemployed youth in the state

Updated On: 20 Mar 2026 | 7:18 PM IST

India's forex reserves fall $7 billion to $709.76 billion, shows RBI data

India's forex reserves dropped USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped USD 11.683 billion to USD 716.81 billion. The kitty had expanded to an all-time high of USD 725.727 billion during the week ended February 13 this year. For the week ended March 13, foreign currency assets, a major component of the reserves, fell USD 7.678 billion to USD 555.568 billion, the data released by the central bank showed. Expressed in dollar terms, the foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of gold reserves increased USD 664 million to USD 130.681 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down USD 23 million to USD 18.697 billion, the apex bank said. India's reserve position with the IMF was also down by USD 15 millio

Updated On: 20 Mar 2026 | 5:29 PM IST

Premium petrol prices hiked by ₹2; normal petrol, diesel price unchanged

HPCL raised premium petrol prices by ₹2 per litre, while regular petrol and diesel rates remain unchanged

Updated On: 20 Mar 2026 | 5:25 PM IST

Stock market close: Firm oil prices spark late sell-off; Sensex ends 326 pts up, Nifty near 23,100

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.67 per cent and 0.09 per cent higher, respectively.

Updated On: 20 Mar 2026 | 4:02 PM IST

ITC stock heads for worst FY return in 6 years; is this buy opportunity?

If ITC stock ends FY2026 in the red, it would mark the second consecutive year of losses and the weakest performance since FY2021.

Updated On: 20 Mar 2026 | 2:45 PM IST

Bulls fight back: Sensex up 1100 pts intraday, Nifty at 23,300; key reasons

India VIX slipped 3 per cent, but remained elevated above 22, indicating heightened expectations of near-term volatility

Updated On: 20 Mar 2026 | 2:05 PM IST

ITC gains 3%, outperforms Sensex in recent market fall; here's why

Analysts believe ITC's long-term growth trajectory remains intact, with non-cigarette business segments maintaining steady progress.

Updated On: 20 Mar 2026 | 1:50 PM IST

Tyre stocks skid up to 18% in March; can slip another 24%, cautions analyst

Apollo Tyres, CEAT, Balkrishna Industries share prices could fall up to 24% from current levels, cautions technical analysts Kunal Shah of Mirae Asset Sharekhan.

Updated On: 20 Mar 2026 | 1:26 PM IST

UK visa fee hike up to 25%: What students, workers, visitors will pay

UK raises visa and immigration fees by up to 25% from April 8, making visitor, student, work and settlement routes costlier for applicants, including Indians

Updated On: 20 Mar 2026 | 1:04 PM IST

Vodafone Idea shares gain 5% after subscriber attrition slows in Jan 2026

Vodafone Idea, meanwhile, stood third among the top five broadband (wired & wireless) service providers as on January 31, 2026, with a total subscriber base of 128.97 million

Updated On: 20 Mar 2026 | 12:47 PM IST

HDFC Bank chief's exit baffles investors, wipes $7 bn off market value

HDFC Bank spent Thursday trying to explain why Chakraborty, a former senior bureaucrat in PM Narendra Modi's administration, left after almost five years as part-time chairman of the lender

Updated On: 20 Mar 2026 | 12:30 PM IST

HDFC Bank falls 7% in 2 days; analysts flag pressure after chairman exit

Analysts believe HDFC Bank stock may be under pressure in the near term due to governance uncertainty and a leadership visibility gap.

Updated On: 20 Mar 2026 | 12:27 PM IST

UPSC exam odds: 0.53% success rate for millions of candidates since 1947

Exam overhauls and reservation policies have reshaped the bureaucracy's social profile

Updated On: 20 Mar 2026 | 12:11 PM IST

LPG shortage: India pivoting towards US for supply, says S&P Global Energy

India's domestic production supplies about 41 per cent of the country's LPG demand, while the remaining volumes are imported

Updated On: 20 Mar 2026 | 11:54 AM IST

AI tailwinds not enough: Analysts cautious on Indian IT after Accenture Q2

Accenture sees AI-led deal momentum, but analysts remain cautious on Indian IT stocks amid weak demand, macro risks, and uncertain growth outlook

Updated On: 20 Mar 2026 | 11:48 AM IST

Who led and departed: Tracking key banking exits and leadership trends

HDFC Bank chairman Atanu Chakraborty quits citing ethical concerns, as spotlight turns on governance and trend of former bureaucrats leading private sector banks

Updated On: 20 Mar 2026 | 11:31 AM IST

Qatar gas strike impact; Petronet LNG, Gail could dip another 10%: Analysts

Petronet LNG has reversed its trend, surrendering all the gains accumulated earlier this year, says research analyst Ajit Mishra of Religare.

Updated On: 20 Mar 2026 | 11:16 AM IST

Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks

If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

Updated On: 20 Mar 2026 | 10:39 AM IST

Indian Rupee falls past 93/$ on crude volatility amid West Asia tensions

The domestic currency fell as much as 64 paise, or 0.69 per cent, to a record low of 93.28 against the US dollar on Friday, according to Bloomberg data

Updated On: 20 Mar 2026 | 10:33 AM IST

Nifty PSU Bank index soars over 3%; Canara, UBI, BOI rally up to 5%

At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.

Updated On: 20 Mar 2026 | 10:33 AM IST

Sell Gold with tight stop-loss as bears eye $4,400 support: Analyst

Safe haven demand for gold during escalating geopolitical tensions due to the raging Iran war has not been strong enough to overcome the dollar strength and rate pressure

Updated On: 20 Mar 2026 | 9:47 AM IST

IPO Calendar: Primary market heats up; Powerica, Sai Parenteral's to open

GSP Crop Science set to debut on the bourses on Tuesday, March 24, while Central Mine Planning & Design Institute's IPO will close for bidding on the same day

Updated On: 20 Mar 2026 | 8:51 AM IST

Dividend, bonus, stock-split: Vedanta, PFC, 10 others go ex-date next week

Here is the complete list of stocks that will remain in focus next week as they go ex-date following their corporate announcements, such as dividends, bonus issues, and stock-split

Updated On: 20 Mar 2026 | 8:19 AM IST

Stocks to Watch today: TCS, HDFC Bank, Nestle India, NTPC, JSW Cement

Stocks to Watch today, March 20: HDFC Bank, TCS, NTPC, JSW Cement, and Nestle India are among the top stocks to watch today

Updated On: 20 Mar 2026 | 7:50 AM IST

Israel will avoid future strikes on Iran's energy sites, says Netanyahu

Israeli jets' bombing of Iran's South Pars field and associated infrastructure on Wednesday prompted a fresh wave of Iranian strikes against oil and gas works across the region

Updated On: 20 Mar 2026 | 6:36 AM IST

Governance and ethics come above everything else, says HDFC Bank

HDFC Bank reassures investors on governance and stability after Chairman Atanu Chakraborty's resignation, says RBI backing and board unity will help restore confidence

Updated On: 19 Mar 2026 | 11:50 PM IST

HDFC Bank may ask ex-chairman Chakraborty to explain resignation concerns

HDFC Bank board may seek clarification from former chairman Atanu Chakraborty over concerns cited in his resignation letter amid questions on governance and management relations

Updated On: 19 Mar 2026 | 11:12 PM IST

HDFC Bank board likely to approve CEO Sashidhar Jagdishan reappointment

During an analyst call in the morning, Jagdishan said the best period of the bank will start now, with growth returning to pre-merger levels

Updated On: 19 Mar 2026 | 11:06 PM IST

Trump says US will not deploy troops to West Asia amid Iran conflict

Trump spoke at the White House during an Oval Office meeting with Japanese Prime Minister Sanae Takaichi

Updated On: 19 Mar 2026 | 10:45 PM IST

Rare but not unusual for RBI to come out in support of a troubled bank

RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention

Updated On: 19 Mar 2026 | 9:54 PM IST

US may lift sanctions on 140 mn barrels of Iranian oil on the seas: Bessent

The US hasn't been targeting Iran's energy assets in the war, he said. With regard to Kharg Island, a key Iranian export hub, it mounted a "precision strike" against the military assets

Updated On: 19 Mar 2026 | 7:30 PM IST