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Brent crude oil, which is trading around $98, and FII outflows are playing a decisive role in the sharp market correction. Elevated crude prices are keeping inflation concerns alive, while the rupee is trading near a record low at 93 per dollar, adding to macroeconomic pressures.

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With the war in West Asia stretching on, estimates of its economic damage have begun to emerge. On Tuesday, Goldman Sachs slashed its outlook on India’s economic growth to 5.9% in 2026 from 7% before the war started. This is substantial, especially given the uncertainty over how long global hydrocarbon markets will stay roiled; the longer they do, the greater the hit.

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, traders say, can be chalked up to WTI’s location, far from where the oil is needed in Asia. Its lower price also reflects the higher shipping costs required to get it to Asian buyers, as well as angst that the U.S.

Best stocks to buy today (all buy trades are rates of equity and sell rates are based on F&O)INDIGO: Buy above ₹4155, stop ₹4020 target ₹4400 (Multiday)GRANULES: Buy above ₹615, stop ₹590 target ₹670 (Multiday)LUPIN: Buy above ₹2340, stop ₹2250 target ₹2525 (Multiday)On 24 March 2026, Indian equity markets staged a sharp rebound, supported by positive global cues and reports of potential US–Iran negotiations. The Sensex surged 1,372 points, or 1.89%, to close at 74,068.45, while the Nifty advanced 399.75 points, or 1.78%, to settle at 22,912.40.

Mint.Through 2025, the technology investor deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma and Arivihan.While these companies have reached some size and scale, they are still risky bets. “They're not mature businesses in that while their core offerings might be mature, they continue to add new verticals, so they're not mature in that sense,” said Sharma.The firm’s conviction in long-term bets comes as India’s tech ecosystem enters a more mature phase, marked by a wave of listings.

Billionaire Mukesh Ambani-controlled Jio Platforms Ltd is targeting a valuation of $120 billion to $140 billion in its public offer, which will see some of its existing investors, including TPG, KKR, General Atlantic, and Silver Lake, sell shares, according to two bankers familiar with discussions.Parent Reliance Industries Ltd is not expected to offload any shares, and the company is also not looking to issue new stock to raise capital, as it will be a standalone offer for sale by some of its shareholders, said the bankers, who didn’t want to be identified as discussions were private.Jio Platforms executives met with representatives of 17-19 investment banks this week before filing its draft papers with the regulator for the initial public offering (IPO).“Some of the selling shareholders were also part of this meeting,” said one of the senior bankers present. The meeting was held to outline the role of individual bankers in the book-building process, said another.A General Atlantic spokesperson and TPG declined to comment.

₹18,000 crore in planned fund-raising at risk. Thirteen mainboard companies are nearing their 12-month deadlines by June to launch their issues or lose regulatory approval.The impending expiry of these clearances, given by the Securities and Exchange Board of India (Sebi) between April and June 2025, underscores how volatile market conditions are prompting firms to defer listings, raising the prospect of higher costs, delayed timelines and a near-term squeeze on fresh market liquidity.Per PRIME Database, these include the Munjal family's ₹3,600-crore Hero Fincorp Ltd offer, Morgan Stanley-backed Continuum Green Energy Ltd's ₹3,650 crore plan, and Norwest Venture Partners-backed Veritas Finance Ltd's proposed IPO worth ₹2,800 crore.Following Sebi approval, companies typically file a red herring prospectus with the Registrar of Companies within four to six weeks.Sebi regulations mandate that companies must launch their IPOs within 12 months of receiving the final observation letter.

Investors' rush to back electric commercial vehicle players has led to commitments worth $530 million in the last six months, backing new-age players at a time when the government's policy focus is shifting towards electrifying trucks and buses.Hero-backed Euler Motors became the latest to join the wave on Tuesday as it secured funding of $47 million from Lightrock, Hero MotoCorp and Blume Ventures, with additional debt funding of $27 million from BlackSoil, Trifecta, InnoVen and Alteria Capital.The latest funding round for the New Delhi-based electric light commercial vehicle maker brought the cumulative total of funding from investors for electric CV makers to $530 million since October, led by PMI Mobility, which secured a $310 million investment commitment from KKR.“The light commercial vehicle as a segment has continued to grow, because it makes fundamental sense,” Saurav Kumar, founder and chief executive at Euler Motors, told Mint. The superior long-term operational savings of electric commercial vehicles have made the sector's funding growth outpace all other transport categories, he added.Other fundraisers during this period include electric fleet operator Greencell Mobility’s $89 million, and electric bus and truck maker Eka Mobility’s $57 million fundraise.

small-cap schemes has risen sharply over the past year, reflecting thinning volumes and weaker market depth.The largest fund in the category, Nippon India Small Cap Fund, required 44 days—up 13 days from a year ago—to sell half its portfolio if faced with redemption pressure. The Quant Small Cap Fund saw the steepest increase, with liquidation time rising by 31 days to 87 days, while the HDFC Small Cap Fund and the SBI Small Cap Fund took 71 and 66 days, up 9 and 4 days, respectively.This is when the benchmark BSE Smallcap 250 Index has declined only moderately—6.2% in January, compared with a 10.3% fall in January 2025—suggesting the underlying stress is more structural: lower participation and waning risk appetite are making exits harder, particularly in a downtrend when small caps tend to underperform broader markets.The BSE Sensex declined 3.5% in January, compared with a 1% fall in the same month last year.Exchange data showed India’s overall market capitalization shrank by ₹21.35 trillion from an all-time high of ₹482 trillion at the start of January.

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West Asia conflict, even as it looks to turn the disruption into an opportunity to gain market share.“In order to fully neutralize the impact of raw material price increase, we have to increase the prices of our products,” said Abhijit Roy, managing director (MD) and chief executive officer (CEO), in an interview with Mint. “The price increases have happened in the mass premium and luxury segment… the economy segment has been left untouched so far.”The hikes follow a sharp rise in crude oil prices, a key driver of paint raw material costs.

NEW DELHI: The Centre has called a high-level meeting of the Central Bureau of Investigation, the Department of Financial Services and public sector banks on Wednesday to devise ways to curb high-value bank frauds amid the growing use of mule accounts, according to two people aware of the issue.Officials at the meeting will also help devise strategies to fill critical gaps in investigation and enforcement and zero in on procedural bottlenecks, especially delays in securing prosecution sanction under the Prevention of Corruption Act, one person said on condition of anonymity. This issue has increasingly become a sticking point in fraud cases involving bank officials.“With probes often slowed by approval requirements and coordination challenges between lenders and investigators, the high-level meeting signals a push to streamline processes, tighten accountability and strengthen the system’s response to complex, network-driven financial frauds,” the second person said, asking not to be identified.According to Reserve Bank of India data, fraud cases in banks and financial institutions involving amounts of ₹1 lakh and above tripled to ₹34,771 crore in FY25 from ₹11,261 crore in FY24.

Global private equity investor LeapFrog Investments, which has backed InsuranceDekho and Healthify, has shelved plans to explore continuation vehicles as an exit option and will instead focus on traditional routes such as block deals, mergers and acquisitions, and public listings, the firm’s top executive told Mint.The firm is pursuing exits from its second and third funds as it deploys capital from its fourth fund and a climate-focused investment vehicle. Last week, LeapFrog led investment rounds in Shubham Housing Finance and clean energy company ReNew Energy Global Plc.“It (continuation vehicle) is not a focus area as of now for us.

The randomness of Donald Trump’s tariffs has underscored that a state of flux for businesses is the only constant. That this has been inflicted by one of the chief architects of the World Trade Organization (WTO)’s rules of global trade is ironic, as it has left us with this mockery of a rules-based order.Last April, the US President alleged that foreign trade and economic practices had created a national emergency and imposed tariffs across imports from all countries. Ten months later, the US Supreme Court ruled that they were unlawful.

In Ancient Rome, parties who wanted to record the terms of an agreement had to present themselves before a tabellio—a particular type of clerk whose job was to write down the terms of a contract on a wax tablet, have them witnessed, and make the document official by pressing his seal into the wax. By certifying the document as valid, the tabellio ensured that parties who had no other way to attest to the document’s integrity each had a legally enforceable copy.

Sebi) on Monday approved a sweeping set of regulations based on recommendations of a high-level committee (HLC), aligning rules for senior officials with those applicable to employees and plugging gaps in transparency, recusals and personal investments.Mint explains the new rules and whether they are enough to ensure accountability in Sebi’s top brass.Sebi has introduced a tighter disclosure and recusal framework. The chairman, whole-time members (WTMs) and employees must make initial, annual and event-based disclosures of assets, liabilities, trading activity and relationships, and disclose any negotiations for future employment.The rules mandate recusal in cases of material financial interest or other conflicts, with a digital system to record disclosures and approvals.Public disclosure rules have been only partially expanded.

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₹4,000-crore initial public offering (IPO) that was originally scheduled for March, amid market volatility, according to two people familiar with the matter.Bagmane had received regulatory approval for the draft offer document it filed last December. The company had begun roadshows for investors and analysts earlier this month in the run-up to the IPO.“The company was scheduled to file the updated offer document (UoD) in early March, and once the approval came in, planned to launch the public offering in March itself.