Sensex Today | Stock Market LIVE Updates: Nifty Bank down 400 points; IndusInd Bk, ICICI Bk top losers

Sources Say:

Zydus Life | Launches AI-powered Continuous Glucose Monitoring Devices Diasens & GlucoLive

Partnered With Digicare Health Solutions

Govt Sources Say

According to Jefferies, the West Asian conflict might have varying effects on Indian finance. Although lending may increase, banks may have to pay more for credit. Growth, credit cost, and NIM may all suffer for NBFCs.

The director of Elixir Equities, Dipan Mehta, cautioned investors against investing in IT services companies due to the uncertainties surrounding AI-led disruption in the industry. He stated that it is best to wait for more certain profit trends because it is still unclear whether companies will be long-term winners.

Dharmesh Shah, Assistant VP, ICICI Securities

The Markets are in a volatile paradigm, as gains from a recovery curve has been sold into.

Govt Sources To CNN-News18

TVS | Launches Orbiter V1, Starting At A Price Of ₹49,999

Somany Ceramics: Gas supply to the company’s Bahadurgarh plant restricted to 80% following GAIL communication

Co Is Actively Evaluating The Situation & Taking Necessary Measures To Minimise The Impact

The shares of Vikram Solar surged over 2% after recovering over 5% from lows of the day.

Manish Hathiramani, Proprietary Trader & Technical Analyst, Deen Dayal Investments

Industry experts suggested that worries about a wider liquidity spiral may be exaggerated, despite growing concerns that private credit could be the next source of pressure on Wall Street.

CNBCTV-18 Access

The Nifty 50 index has cut its losses to under 100 points.

The Nifty Midcap 100 index is back in the green after marking a colossal 1,000 points recovery from lows.

Despite supply issues related to the crisis in West Asia, India’s steel production is stable, according to Steel Secretary Sandeep Poundrik. SAIL currently has a supply of propane for 20 to 25 days, so there won’t be any sudden disruptions and production will continue as usual.

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Although international tensions and rising oil prices may cause short-term volatility, solid profit growth and a favourable local macroenvironment might underpin Indian markets, according to Peter Oppenheimer, Chief Global Strategist at Goldman Sachs.

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Power Hive Launches ‘VION’ Lithium-ion Battery Range for E-Mobility, Inverter and Integrated Home Backup Solutions

ABB India sees a sharp recovery of over 4% from opening levels, and extends gains by nearly 2% in trade now

Dipan Mehta, Director, Elixir Equities

On Titan, Maruti

Thursday, March 12, saw a slight decline in the price of precious metals in India as international markets responded to increased geopolitical tensions and a stronger US dollar, which combined to reduce demand for bullion despite continued interest in safe havens.

Dipan Mehta, Director, Elixir Equities

Pharmaceuticals

All insurance CEOs will meet the IRDAI Chairman on March 17 in Delhi. The IRDAI Chairman will discuss the rollout of insurance products on Bima Sugam during the meeting. A decision on the date for the listing and sale of insurance products on Bima Sugam is expected. Sources To CNBCTV18

On Thursday, March 12, shares of Aarti Industries Ltd. increased by as much as 5.5% following the firm’s announcement that it had acquired a multi-year supply deal worth around $150 million with a multinational agricultural business for the delivery of a crucial crop-protection intermediate.

Dipan Mehta, Director, Elixir Equities

On IT

I think there’s complete confusion when it comes to software services stocks. And we don’t know who the winners are going to be because of this AI disruption, which is taking place; it could be a large-cap company, it could be a few small-cap companies, could be product companies, could be platform companies. The exact answer is not known, and may not be known for many quarters.

Audi India stated on Thursday that all of its models would see price increases of up to 2% in the Indian market. The updated pricing will go into effect on April 1, 2026, and they will be applied to the ex-showroom cost of vehicles.

Rigan Raithatha, CFO, Gopal Snacks To CNBC-TV18