Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.


Indian equity benchmark indices Nifty 50 and Sensex ended in the green for the third consecutive day on March 18, with most sectoral indices ending in the green and Nifty Media emerging as the top leader. The market rally was driven by strong value buying in fundamentally sound companies following recent war-induced corrections and FOMO, alongside a sentiment boost from a drop in Brent Crude. Meanwhile, the rupee hit an all-time low of ₹92.65 against the USD.

Key Indices – Share Market

Today’s Top News from the Indian Share Market

Urban Company Ltd.URBANCO₹121.17 +10.04%

Urban Company gained after SBI Mutual Fund acquired an additional 4% stake for ₹632 crore through bulk deals. The fund house purchased over 5.75 crore shares across the NSE and BSE.

Godrej Properties Ltd.GODREJPROP₹1,643.00 +3.71%

Godrej Properties announced the acquisition of a 20-acre land parcel near the Whitefield growth corridor in East Bengaluru. The company plans to develop a premium residential project on the site, which carries an estimated revenue potential of approximately ₹1,350 crore.

Tata Consultancy Services Ltd.TCS₹2,440.80 +2.05%

TCS has entered a multi-year partnership with Pearson to accelerate AI-powered learning for global enterprises. The collaboration integrates Pearson’s learning expertise with TCS’s Contextual AI and iON digital platforms to help businesses bridge skill gaps and build adaptive workforces.

Mankind Pharma Ltd.MANKIND₹2,103.10 +1.69%

Mankind Pharma acquired exclusive rights to manufacture, market, and distribute Roche’s Rivotril brand in India. The acquisition of this widely prescribed clonazepam brand strengthens Mankind’s presence in the central nervous system (CNS) and chronic therapies segment, expanding treatment options for neurological conditions.

Wipro Ltd.WIPRO₹194.30 +1.56%

Wipro announced a strategic collaboration with Harness to accelerate AI-native software delivery for global enterprises. The partnership will combine Wipro’s WEGA platform with the Harness AI Software Delivery Platform to help organisations modernise development, automate releases, and reduce deployment risks.

Bosch Ltd.BOSCHLTD₹31,005.00 +1.17%

Bosch’s Board of Directors approved a 50:50 joint venture agreement with Tata Autocomp Systems Limited. The new company will be incorporated in India to manufacture, sell, and provide after-sales service for e-axles and electric traction motors.

Broader Market Performance Today

Nifty Midcap 150NIFTY MIDCAP 150₹20,746.80 +1.87%

Nifty Smallcap 250NIFTY SMLCAP 250₹15,153.55 +1.77%

India VIXINDIA VIX18.72 -5.41%

Top Performing Sectors Today

*Prices shown may have delay up-to 15 minutes

Today’s Top Gainers and Losers

*Prices shown may have delay up-to 15 minutes

FII DII Activity (₹ Cr)

Date FII (Net Value)DII (Net Value)
17 Mar 2026-4,741.225,225.32
16 Mar 2026-9,365.5212,593.36
13 Mar 2026-10,716.649,977.42
12 Mar 2026-7,049.877,449.77
11 Mar 2026-6,267.314,965.53
Month-to-Date-70,989.9688,345.38

What’s Happening Beyond Markets?

  • According to S&P Global Energy, daily vessel crossings through the Strait of Hormuz have plummeted from 135 in February to under 10. The severe congestion has left around 850 oil tankers clustered and an estimated 125 million barrels of crude oil stranded.
  • According to Finance Minister Nirmala Sitharaman, India has ramped up its domestic LPG production by 25% despite global turbulence. Addressing the Rajya Sabha, she stated that the entire output of this increased capacity is being directly supplied to domestic consumers.
  • The government has allocated ₹57,381.84 crore toward the Economic Stabilisation Fund for budget disbursement and fiscal management, as per Finance Minister Nirmala Sitharaman. These funds will meet immediate financial requirements, including roughly ₹41,430 crore designated for defence services.
  • Airlines are now mandated to allocate at least 60% of seats on any flight free of charge, according to the Directorate General of Civil Aviation. The aviation regulator also directed airlines to seat passengers on the same PNR together and ensure transparent policies for sports equipment. 
  • Union Railway Minister Ashwini Vaishnaw urged state governments to cooperate on land acquisition for railway projects, emphasising that railways are a matter of public service, not politics. He highlighted that factual cooperation is essential for national progress.

Back to Basics

Terms that put you one step ahead – every day

What is Private Equity (PE)?

Private Equity (PE) is essentially investment capital directed at companies not listed on a public stock exchange. Think of it as exclusive funding for businesses operating outside the public eye. It is created when institutional investors and wealthy individuals pool their money into a fund managed by a PE firm. Unlike buying standard shares in a public company, PE firms take direct ownership stakes in private businesses, or they acquire public companies to take them private.

The primary goal is to restructure, streamline, or aggressively grow these businesses to maximise their value. After a few years, the PE firm sells the revamped company or takes it public at a substantial profit, rewarding its investors with high returns.

IPO Corner: Mainboard 

Upcoming IPO

CompanyDateTotal Issue SizeIssue PriceMinimum Investment
Central Mine Planning & Design Institute Ltd. March 20, 2026 to March  24, 2026₹1,842.12 Cr₹163 to ₹172 per share₹13,040

Corporate Actions 

Companies with the ex date and record date on 20 March 2026

CompanyCorporate Action
Metropolis Healthcare Ltd.Bonus Issue, 3:1
REC Ltd.Interim Dividend, ₹3.20
Kama Holdings Ltd.Interim Dividend, ₹23.20

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back to cut through the noise, so you can focus on investing intelligently.