News

Total Sales (GU) 18.2% At 3,429 Units vs 2,900 Units (YoY)

Sudarshan Sukhani, Proprietor, Technical Trends

Market Watch: Rajesh Palviya, VP Technical & Derivative Research, Axis Securities

The Nifty index has fallen over 400 points, now slumping below the 24,800 mark.

ABB India transfers its robotics business to ABB Robotics India on a slump sale basis for Rs 1,568 cr

BofA Securities downgrades Voltas to underperform, with the target cut to ₹1,500 from ₹1,600/share, and stocks down over 2%

Year        Low In

Data shows that in eight out of the last 10 years, the Nifty has made its yearly low between January and March.

Nifty: So Far In 2026

(RD) 5%

Nifty Making Annual Lows

Last 10 Years

Lowes made between January and March in eight of those

The Nifty Defence index is the only index that is trading in green; however, the index has fallen from the highs of the day.

The larger markets are also under pressure, with the small-cap index falling close to 1.50%.

The Nifty Midcap 100 index is also under immense pressure, falling over 700 points today.

Despite the potential for a tactical consolidation phase in the near future, gold still has significant long-term upside potential, according to Christopher Wood.

WATCH ON CNBC-TV18

On Monday, March 2, Muthoot Finance Ltd. shares increased after the broking firm Morgan Stanley raised its recommendation for the company.

The Nifty Tourism index is down nearly 3%, making it one of the worst indices on the market

The Nifty Banking index is also down, falling over 700 points.

The Nifty 50 appears to have breached its backstop on the decline and is now down over 350 points.

The result indicated a four-month high and a significant improvement in operating conditions throughout the sector, albeit being lower than the flash estimate of 57.5.

The shares of L&T fall over 5%.

On Monday, March 2, shares of Paras Defence and Space Technologies increased by up to 13% due to increased geopolitical tensions in West Asia, which have developed into a wider regional conflict.

For February 2026, major automakers reported a year-over-year rise in sales, with a number of businesses reporting double-digit gains, indicating consistent demand across portfolios and categories.

According to sources who spoke to CNBC-TV18, the number of stranded export containers at Jawaharlal Nehru Port Trust (JNPT) has grown since Monday as shipments that were already on route have now arrived at the port due to impediments related to the intensifying US-Israel-Iran crisis.

The Nifty India Defence Index has increased 5% in the first two months of the year, with firms such as MTAR Technologies rising 57%. As of right now, Bharat Forge’s stock has increased by 30%, while Data Patterns’ and BEL’s have increased by 30% and 11%, respectively.

Steel Strips’ February Sales Up 17% YoY, Sales Volume Rises 5% YoY

The Defence stocks have extended their gains further, with Paras Defence up nearly 12%.

Estimate FY27 GDP Growth At 7.1%, With Cyclical Improvement Expected

India’s Monetary Policy Is Relatively In A Good Position

Feb manufacturing PMI at 56.9 vs 55.4 in Jan

NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.