🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Tata Consultancy Services (TCS): The IT major has partnered with NVIDIA to launch ‘Rapid Outcome AI,’ a new enterprise platform designed to help organizations accelerate the transition from AI experimentation to production deployment.
• Bharat Electronics (BEL): The defense PSU is in focus after securing fresh orders worth ₹1,011 crore, further strengthening its order book and project pipeline for the fiscal year.
• Prostarm Info Systems: The company has been declared the L-1 (lowest) bidder for a contract worth ₹90.44 crore by the West Bengal Medical Services Corporation for the supply and installation of online UPS systems.
• Tata Steel & Mahindra & Mahindra (M&M): Both stocks are expected to maintain momentum after leading the rally in the previous session, supported by a broad-based recovery in the metal and automotive sectors.
• Eternal: The stock surged over 5% in the previous session and remains a key gainer to watch as it continues to outperform market expectations.

Neutral Developments

• US Federal Reserve Meeting: The FOMC has commenced its two-day policy meeting; the outcome, due later today, will be a critical trigger for global liquidity and emerging market sentiment.
• Ashok Leyland: The company has officially confirmed the timely redemption and payment of interest and principal for its outstanding debt instruments.
• GIFT Nifty: Early indicators show a premium of approximately 31 points, suggesting a steady start for the Nifty 50 as it attempts to hold the 23,600 level.
• Domestic Institutional Investors (DIIs): DIIs remained net buyers for the 15th consecutive day, providing a cushion against foreign sell-offs with a net inflow of ₹5,225 crore.

Negative News

• Maruti Suzuki: The automobile giant is under pressure after receiving an Income Tax notice, which may dampen investor sentiment in the near term.
• Cipla: The pharmaceutical major is set to be excluded from several NSE indices, including the Nifty100 ESG and Nifty100 ESG Sector Leaders, effective from the close of March 27, 2026.
• Foreign Portfolio Investors (FPIs): FPIs continued their heavy selling streak for the 13th straight session, with a net outflow of ₹4,741 crore in the previous session, bringing the total March outflow to over ₹72,900 crore.
• Crude Oil Prices: Brent crude has climbed past $103 per barrel due to geopolitical tensions in the Middle East, posing a renewed risk to domestic inflation and oil marketing companies.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex