Indian Stock Market Report

Market Outlook

The Indian stock market is expected to open lower on March 11, 2026, tracking mixed global cues amid caution surrounding the US-Iran conflict. Trends in the GIFT Nifty signal a subdued start for the domestic benchmark, trading near the 24,303 mark, indicating a discount of about 90 points compared to the previous close of Nifty futures.

Market Performance

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On March 10, 2026, the Indian stock market ended on a positive note as improving risk sentiment lifted equities. The Nifty 50 finished above the 24,200 level, while the Sensex climbed 639.82 points, or 0.82%, to settle at 78,205.98.

Stocks to Watch

IndiGo

• Pieter Elbers, CEO of IndiGo, has stepped down with immediate effect, citing personal reasons.
• Rahul Bhatia, managing director of IndiGo's parent company InterGlobe Aviation, will assume interim charge.

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

Reliance Industries

• US President Donald Trump stated that Reliance Industries is backing a proposed oil refinery project in Texas, calling it a "historic" development for the United States energy sector.

Adani Enterprises

• The company's wholly owned subsidiary, Adani Road Transport, has acquired the remaining 49% stake in DP Jain TOT Toll Roads Pvt Ltd.

Waaree Energies

• The company's wholly owned subsidiary, Waaree Solar Americas Inc., has entered into a share subscription agreement with United Solar Holdings Inc. to subscribe to approximately 5.37 million Series B preferred shares for about $30 million.

Nazara Technologies

• Morgan Stanley Asia Singapore Pte purchased shares worth around ₹69.2 crore in gaming company Nazara Technologies via a block deal.

Aditya Birla Capital

• The company has infused ₹749.99 crore into the equity shares of its wholly owned subsidiary, Aditya Birla Housing Finance, through a rights issue.

Vedanta

• Anil Agarwal, chairman of Vedanta Limited, has urged swift action to tap the country's domestic natural resource potential in order to bolster India's energy and mineral security.

Hindustan Zinc

• The company has entered into a Memorandum of Understanding (MoU) with CMR Green Technologies.

Eicher Motors

• The company has announced major leadership changes at VE Commercial Vehicles, appointing B. Srinivas as Managing Director and CEO effective April 1.

TVS Supply Chain Solutions

• The company has bolstered the global supply chain operations of Caterpillar India Pvt Ltd by establishing a 40,000 sq. ft. warehouse at a Free Trade and Warehousing Zone (FTWZ) in Mannur, located around 30 km from Chennai.