📰 India Business Brief: Top Headlines for March 02, 2026

Business Standard

• Oil prices surged by 9% to reach $79.42 a barrel on Monday as military conflict in West Asia intensified, sparking fears of a prolonged disruption in the Strait of Hormuz.
• The GIFT Nifty signaled a sharp gap-down start for Indian benchmark indices, with analysts cautioning that the Nifty 50 could test the 24,500 support level amid rising US-Iran tensions.
• Gold prices jumped 1.4% to hit $5,350 per ounce as investors fled to safe-haven assets following reports that Iran’s Supreme Leader was killed in a joint US-Israel operation.
• ICICI Securities has reiterated a 'Buy' rating on Suzlon Energy, projecting a potential upside of over 53% despite the broader market turbulence.
• US President Donald Trump suggested the current conflict could last for approximately four weeks, stating that military objectives must be met before attacks cease.

Economic Times

• The latest ET Wealth edition highlights that while more Indian women are earning and saving, they still account for only 26% of unique mutual fund investors.
• Legal experts have outlined four narrow pathways for pre-nuptial agreements in India, as rising divorce rates in urban centers drive demand for wealth protection tools.
• SEBI has introduced new regulations allowing gold investments within equity funds and the launch of "life cycle" mutual funds to cater to long-term retirement planning.
• NBCC India announced it has bagged a large redevelopment order, providing a boost to the state-owned construction firm's order book.
• Piramal Finance's Retail CEO is set to transition to a leadership role at IndusInd Bank to head their consumer business division.

Mint

• Market expert Sumeet Bagadia has recommended a "Buy" on Siemens, IOC, and ONGC for the trading session on March 02, 2026, despite a generally bearish market structure.
• Technical analysis shows the Nifty 50 has formed its fourth consecutive red candle and closed below its 200-day EMA, indicating a weakening medium-term trend.
• Motilal Oswal Financial Services has identified Polycab and Siemens Energy as its top stock recommendations for the first week of March.
• Brigade Group has unveiled its new "Stellaris" residential project in Chennai, marking a significant expansion in the southern real estate market.
• Analysts report that stock selection has become critical in 2026 as broad index exposure no longer guarantees the high returns seen in previous liquidity-driven rallies.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News