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The IT sector witnessed a sharp decline, shedding over 2,000 points in just one week, as fears of a U.S. recession rattled investor confidence and stocks may remain volatile until macroeconomic conditions stabilize, Om Ghawalkar, Market Analyst at Share.Marketsaid, recommending risk-averse investors to consider reducing exposure. This analyst spells-out strategy in previous week’s major movers viz. IndusInd Bank, SPARC, Data Patterns and 3 more stocks. Excerpts: Nifty closed with weekly declines of 0.7%, trading in a close range last week but this week has started on a positive note. What is the chart suggesting about the course of its move and levels that will be important to watch out for? Despite U.S. tariff hikes and a downturn in global markets, Nifty demonstrated remarkable stability, declining only 0.7% this week. The index traded within a tight range of 22,316 to 22,676, maintaining levels close to its pre-election positioning.

mutual funds have offered double-digit returns in the financial year ending on March 31, 2025. There were around 488 funds in the mentioned period. The top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF outshined in the mentioned period and offered 102.58% return in the financial year 2025 so far. Mirae Asset NYSE FANG+ETF FoF delivered 28.96% return in the mentioned period.

Zydus Lifesciences shares surged nearly 2% to Rs 899.40 on the BSE on Monday after the company received final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets (75 mg and 100 mg). Eluxadoline, a mu-opioid receptor agonist, is used to treat irritable bowel syndrome with diarrhea (IBS-D) in adults. The tablets will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad, the company said in an exchange filing.

Tejas Networks shares will be in focus on Monday after the company received Rs 123.45 crore from the Ministry of Communications, Department of Telecommunications, as an incentive under the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products for FY24. «We would like to inform you that Tejas Networks Limited (the Company) has on March 12, 2025, received an amount of Rs.123.45 Crores from the Ministry of Communications, Department of Telecommunications — New Delhi, towards incentive for the financial year 2023-24 under the PLI (Production Linked Incentive) Scheme for Telecom and Networking Products,» the company said in an exchange filing.

Ola Electric Mobility are expected to be in focus on Monday, March 17, after the company informed that a petition has been filed against its wholly-owned subsidiary, Ola Electric Technologies by M/s. Rosmerta Digital Services. The petition was submitted by Rosmerta Digital, which is an operational creditor of Ola, before the National Company Law Tribunal (NCLT), Bengaluru Bench. The creditor has alleged payment defaults for services rendered and has sought the initiation of a Corporate Insolvency Resolution Process (CIRP) against Ola Electric Technologies.

Subscribe to enjoy similar stories. Here are five stock picks for 17 March, as recommended by market experts Ankush Bajaj and MarketSmith India. Buy at: ₹332 | Target: ₹345-348 | Stop loss: ₹323 The stock is consolidating in the ₹340-305 range.

Chief Election Commissioner and an election commissioner last month, needless questions are being raised on whether they were the right individuals for these offices because the Chief Justice of India was not on the selection committee. Argument being that the CJI's exclusion has rendered the selection one-sided as the Leader of Opposition is in the obvious minority. This logic is spurious. Article 324 (2) of the Constitution that outlines the composition and appointment of the CEC and ECs reads as follows: «The Election Commission shall consist of the chief election commissioner and such number of other election commissioners, if any, as the President may from time to time fix and the appointment of the chief election commissioner and other election commissioners shall, subject to the provisions of any law made in that behalf by Parliament, be made by the President.» The President has been appointing the CEC and ECs on the advice of the executive, that is the government of the day. Parliament has not enacted any law to amend this process. The LoP's inclusion in the selection committee for the appointment of any regulatory position started with the Right to Information Act, 2005. Under this law, the President appoints central information commissioners on the recommendation of not the executive but a selection committee comprising the Prime Minister, a minister nominated by him and the LoP in the Lok Sabha. In state information commissions, the governor makes the appointment on the recommendation of a committee comprising the chief minister, a minister and the LoP of the state assembly.

Rohit Singhania, Co Head — Equities, DSP Mutual Fund, recommends investors approach ELSS funds as regular flexi-cap investments since these funds aren't constrained by market-cap restrictions. «The three-year lock-in period can also serve as a useful behavioural hack, encouraging investors to remain patient and disciplined. Investors should shift their mindset—from viewing ELSS purely as a tax-saving tool to recognizing it as a meaningful long-term investment,» he says.

Subscribe to enjoy similar stories. Air India’s journey under the Tata group has been replete with mis-steps. The latest was on 5 March when an Air India aircraft headed to Delhi had to fly back to Chicago as eight of the 12 lavatories in the aircraft had become unserviceable.

Speaking to The Mirror, Dr. Mercer explained: «The position in which you sleep can profoundly impact sleep quality and your health, so it's crucial to identify a sleep position that not only promotes restful sleep but also contributes to your body's overall function and condition.»

Tata Communications announced on Friday the appointment of N Ganapathy Subramaniam as the Chairman of the Board of Directors, effective from March 14, 2025. The appointment comes following the recommendation of the Nomination and Remuneration Committee. Subramaniam, a Non-Executive, Non-Independent Director, will step into the leadership role to steer the company's strategic direction, the company said in an exchange filing. Ganapathy retired as the Tata Consultancy Services' Chief Operating Officer in May, 2024.

Elon Musk’s satellite communications venture, Starlink, to establish a control centre in India. This move aims to enable authorities to suspend or shut down communication services in sensitive or troubled areas when necessary to maintain law and order, according to top sources cited by TOI. As per the TOI report, the government has also outlined security requirements, including allowing law-enforcement agencies to intercept calls through official channels when required. These directives come as Starlink’s application for a satellite communications licence reaches the final stage. The company has been working on agreements with Reliance Jio and Airtel for marketing, deployment, and network enhancement.

Over the past decade, auto fares have been revised twice. The last revision was in November 2021, when the base fare was set at ₹30 for the first 1.9 km and ₹15 per kilometre thereafter. Before that, fares were last revised in 2013.

Holi in March 2024. There were around 487 schemes in the mentioned period. The top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF outshined in the mentioned period and offered 108.89% return since the last Holi. Mirae Asset NYSE FANG+ETF FoF delivered 33.60% return in the mentioned period.

Shankar Sharma has stirred discussions on social media by advising individuals to avoid stock market investments. His comments, shared on X (formerly Twitter), have gained traction, especially during ongoing market volatility.

Parliamentary Standing Committee on Health and Family Welfare, in its latest report, has expressed concerns over the functioning of India's drug regulatory authority-Central Drugs Standard Control Organisation (CDSCO)-saying that the current licensing process is plagued by delays, inconsistent timelines, and a lack of transparency, hindering the growth of the medical device industry. «The Committee expresses serious concern that due to rigid process and inordinate delays by CDSCO, a large number of manufacturing units have gone to Vietnam and Malaysia. Rather, several medical devices manufacturers are scared to set up a unit in India due to delaying tactics of the CDSCO,» it said.

legal guarantee for MSP and loan waivers for farmers. Congress general secretary in-charge communications Jairam Ramesh said that the Parliament Standing Committee of Agriculture, Animal Husbandry and Food Processing under the chairmanship of Charanjit Channi has released its Demand for Grants report for 2025-2026. «It has made some key recommendations — Reiteration of its earlier recommendations on legal guarantee for MSP and a loan waivers for farmers; extension of MSP to organic crops; financial assistance to farmers for crop residue management to avoid stubble burning,» Ramesh pointed out. The panel has also recommended universal crop insurance for small farmers and renaming the Department of Agriculture and Farmers Welfare as Department of Agriculture, Farmers and Farm Labourers Welfare to acknowledge the role of farm labourers, he said. The panel has also reiterated its earlier recommendation of incentives for farmers and farm labourers to care for non-productive cattle, Ramesh said. It has called for increasing the procurement limit under the Market Intervention Scheme from the current 25 per cent to 50 per cent of the total estimated production, the Congress leader said.

Gensol Engineering, in its meeting today, approved a 1:10 stock split along with a fundraise of $50 million through the issuance of Foreign Currency Convertible Bonds (FCCBs), American Depository Receipt, Global Depository Receipt and/or other global listed/unlisted securities with options of conversion into equity shares of company. The company announced that it will split its existing equity shares from a face value of Rs 10 per share to Re 1 per share, effectively increasing the number of outstanding shares tenfold.

market volatility and benchmark indices down by 6% in February, the mutual fund monthly SIP inflows have declined by just 2%, which the market experts considers a natural tendency and behaviour of anyone to panic during the volatile market and SIPs are reduced or stopped. “It is a natural tendency and behaviour of anyone to panic especially when there is a lot of negativity in the media, both television and social media. It is generally seen that SIPs are reduced or stopped by those investors who do not have any access to a personal financé professional,” commented Rajesh Minocha, a Certified Financial Planner (CFP) and founder of Financial Radiance. “For long-term investors, this is actually a saving grace when valuations of stocks have gone past their intrinsic value and now are correcting. Such phases are the best times to stay invested through SIPs. The market's volatility allows investors to accumulate more units at lower prices for future benefits,” he further mentioned.

Polycab shares will be in focus on Thursday after the company secured a Rs 3,002.99 crore contract from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in Bihar. Under the agreement, Polycab will serve as the Project Implementation Agency (PIA), overseeing the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network.