NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Stock Market Update

Stocks to Watch

Reliance Industries

  • Jio Platforms has appointed Dan Bailey as President, leading the company's international business initiatives. He will report to Akash Ambani, Chairman of Reliance Jio Infocomm.
  • Dan Bailey joins the Executive Committee of Jio Platforms, contributing broadly across the business.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Hindustan Aeronautics

  • Hindustan Aeronautics has signed contracts worth Rs 5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-III (Maritime Role) and Shtil missiles for the Indian Navy and Coast Guard.
  • The contract for ALH Mk-III (MR) is valued at Rs 2,901 crore, while the contract for Shtil missiles is valued at Rs 2,182 crore.

Dabur India

  • Dabur India has signed a definitive agreement to acquire a minority stake in RAS Beauty for Rs 60 crore as part of its Dabur Ventures initiative.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

JSW Cement

  • JSW Cement has been declared the preferred bidder for the mining lease of the Sikilangso Limestone Block (Part A & Part B) in Assam.

Life Insurance Corporation of India

  • The term of Sunil Agarwal, Chief Financial Officer, has been extended for a further period of one year till March 1, 2027.

Affle 3i

  • Anuj Kumar has resigned as Non-Executive Director of Affle 3i, effective April 16, 2026.

Lupin

  • The Goods & Services Tax Department, Maharashtra, has concluded its inspection and search proceedings at the registered office of Lupin on March 2.

HDB Financial Services

  • Karthik Srinivasan has resigned as Chief Business Officer of HDB Financial Services, effective March 31.

Mahindra and Mahindra

  • Mahindra and Mahindra has received an advance payment for delivery of the order for 35,000 units.
  • The company has not received any further intimation or communication from Indonesia about the suspension of the order.

Greenlam Indusries

  • The Income Tax Department conducted a search at the registered office and manufacturing units of Greenlam Indusries.

Greenply Industries

  • The Income Tax Department commenced search and seizure operations at the registered office and manufacturing unit of Greenply Industries on February 26.

Cipla

  • Cipla has entered into a 60:40 joint venture agreement with Kemwell Biopharma for the incorporation of a joint venture company in India.

Bharat Coking Coal

  • Rajesh Kumar has been appointed as Chief Financial Officer (CFO) with immediate effect, in place of Shri M S Raju.

Capri Global Capital

  • Capri Loans has signed a partnership for Carbon Accounting Financials (PCAF) to enhance climate transparency and strengthen its sustainable finance framework.

State Bank of India

  • The contract period of Nitin Chugh, Deputy Managing Director & Head (Digital Banking & Transformation), concluded on March 3.

Investor Takeaway

Investors should monitor the stocks of Hindustan Aeronautics and Reliance Industries for potential market impact.

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