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L&T shares crash 7% as escalating Israel-Iran war spooks investors

by ET Markets | March 4, 2026 5:06 pm | Indian Stocks, Market, News

Larsen & Toubro shares plunged over 7% amid escalating Middle East conflict, raising investor concerns about project disruptions. The region accounts for a significant portion of L&T’s order book. With tanker traffic halted through the Strait of Hormuz,...

Oil surge drags Indian rupee to record low; importers scramble to hedge

by ET Markets | March 4, 2026 5:05 pm | Indian Stocks, Market, News

The Indian rupee fell to ​its all-time low on Wednesday, as ​mounting concerns of a prolonged conflict along a major oil-and-gas ​corridor in the Middle East heightened the risk of a deeper energy shock and unsettled markets.

Europe’s STOXX 600 ticks up, Spain hit by US trade jitters

by ET Markets | March 4, 2026 5:04 pm | Indian Stocks, Market, News

Spanish stocks slid on Wednesday after fresh trade-embargo threats from ​the White House, while other regional benchmarks inched higher, after a bruising global sell-off that dragged stocks to more-than-one-month lows amid fears the Middle East conflict could...

Balrampur Chini, other sugar stocks rally up to 18% as oil prices soar. Here’s why

by ET Markets | March 4, 2026 4:09 pm | Indian Stocks, Market, News

Indian sugar stocks rallied up to 18% after Strait of Hormuz disruptions lifted crude prices, raising expectations that Brazil will divert more cane to ethanol over sugar. Tighter global supply outlook and firmer sugar prices fueled sharp gains across sector...

11 midcap stocks plunge up to 50% from 52-week highs; how fiis & mfs are positioned

by ET Markets | March 4, 2026 4:06 pm | Indian Stocks, Market, News

Indian equities slide over 6% from peaks as US–Israel–Iran tensions push crude to 19-month highs. Midcaps are hit hardest, with several stocks plunging 40–50%. FII and mutual fund activity shows selective buying even as broader risk appetite weakens.

Tata Steel, Vedanta, Hindustan Copper fall up to 8% as Iran-Israel war hits metals’ prospects

by ET Markets | March 4, 2026 4:05 pm | Indian Stocks, Market, News

Tata Steel plunged 8% to Rs 194.43 amid a broader commodities selloff and sharp decline in metal stocks. Escalating Iran–Israel tensions, soaring crude prices, FII selling and slowdown fears dragged Sensex and Nifty lower despite the stock’s strong one-year...

Buy the fear? Data shows Indian markets delivered strong 2-year returns after past wars even as West Asia tensions roil stocks

by ET Markets | March 4, 2026 4:05 pm | Indian Stocks, Market, News

Indian equity benchmarks plunged as West Asia tensions and a Strait of Hormuz shutdown threat jolted global markets and spiked crude prices. Despite near-term risks to energy supplies and India’s import exposure, historical data show strong two-year rebounds after...

Sensex will touch 1,07,000 by December, cheapest in gold terms: Morgan Stanley

by ET Markets | March 4, 2026 4:04 pm | Indian Stocks, Market, News

Indian stocks are experiencing a disconnect between market performance and economic fundamentals. Global firm Morgan Stanley sees this as a buying opportunity. They project the Sensex could reach 107,000 by December 2026 in a bull-case scenario. This outlook is...

Crude oil price to touch $150 amid US-Iran war? What brokerages fear in worst case

by ET Markets | March 4, 2026 3:05 pm | Indian Stocks, Market, News

Global oil markets face severe disruption as Iran threatens to close the Strait of Hormuz, choking a fifth of crude flows. Brokerages warn Brent could hit $100–$150, stoking inflation, recession fears and sharp economic strain across emerging markets, especially...

IndiGo shares drop 5% on 500+ flight cancellations; SpiceJet slides 8%

by ET Markets | March 4, 2026 3:04 pm | Indian Stocks, Market, News

Shares of InterGlobe Aviation fell 5% to Rs 4,293, while SpiceJet plunged 8% to Rs 13.95, as the Iran-Israel conflict escalated. Rising crude prices, rupee weakness, and international flight cancellations threaten airline revenues. Geopolitical tensions could persist...

Tata Motors PV shares fall over 5%, tracking the broad slump in auto index

by ET Markets | March 4, 2026 2:05 pm | Indian Stocks, Market, News

Tata Motors’ domestic passenger vehicle sales rose 34% YoY to 62,329 units in February, while EV sales jumped 57% to 8,385 units. However, a cyber incident at Jaguar Land Rover caused a Q3 loss of Rs 3,486 crore and a 26% drop in revenue. Analysts say the stock...

No gain, only pain: With average return of -5.1% this year, war fears could further sink India’s IPO market

by ET Markets | March 4, 2026 2:04 pm | Indian Stocks, Market, News

Indian IPOs are facing tough times this year. Most new listings are not performing well, with many trading below their issue price. This is due to a shaky stock market and global worries. Investors are cautious, preferring to wait for stability. Companies are delaying...

Fintech unicorn Moneyview files DRHP with SEBI for Rs 1,500 crore IPO

by ET Markets | March 4, 2026 1:10 pm | Indian Stocks, Market, News

Fintech unicorn Moneyview Limited has filed its DRHP with SEBI for an IPO, aiming to raise capital through a fresh issue and an Offer for Sale. The company, a credit-led digital financial services platform targeting “Middle India,” reported strong growth...

UAE bourses slide nearly 5% as markets reopen after 2-day halt following Iran attacks

by ET Markets | March 4, 2026 1:09 pm | Indian Stocks, Market, News

Dubai and Abu Dhabi stock markets experienced significant drops upon reopening after a two-day closure following Iran’s missile and drone attacks. Major indices saw their steepest declines since May 2022, with blue-chip companies and financial institutions...

Walmart-backed PhonePe targets up to $10.5 billion valuation in Indian IPO: Report

by ET Markets | March 4, 2026 1:06 pm | Indian Stocks, Market, News

Walmart-backed PhonePe aims for a $9 billion to $10.5 billion IPO, potentially raising up to $1.05 billion. This valuation marks a decrease from its last private funding round. The fintech giant, facing competition and a low-margin payments landscape, seeks to...

Paras Defence shares soar 11% after MoU with Korea’s Green Optics. Check details

by ET Markets | March 4, 2026 1:05 pm | Indian Stocks, Market, News

Paras Defence shares surged on Wednesday following a significant announcement. The company has partnered with South Korea’s Green Optics. This collaboration focuses on optics and optical systems for space and defence sectors. The deal aims for joint development...

Suzlon Energy shares drop 30% in six months, but Motilal Oswal sees 61% upside; here’s why

by ET Markets | March 4, 2026 1:05 pm | Indian Stocks, Market, News

Suzlon Energy shares have seen a significant decline, but Motilal Oswal remains bullish, projecting a 61% upside. The brokerage cites the company’s ‘Suzlon 2.0’ vision, including leadership restructuring and the launch of a dedicated project...

Infosys, TCS and other IT stocks rise up to 2% despite weak market mood. What’s driving the resilience?

by ET Markets | March 4, 2026 1:04 pm | Indian Stocks, Market, News

Indian IT shares surged on Wednesday, defying a market downturn. Infosys, TCS, and Wipro saw gains of 2.25%. This rebound follows a sharp correction last month. A weaker Rupee and oversold conditions are boosting IT stocks. Meanwhile, global tensions and rising crude...

BASF India, Solar Industries among 5 Nifty 500 stocks flash White Marubozu bullish pattern

by ET Markets | March 4, 2026 12:09 pm | Indian Stocks, Market, News

Global Market | Liquidity rush grips markets as geopolitical tensions escalate

by ET Markets | March 4, 2026 12:06 pm | Indian Stocks, Market, News

Global markets saw a liquidity rush as escalating Middle East tensions triggered sharp sell-offs across equities, bonds and gold. Investors preferred cash amid rising oil prices and inflation fears, while the U.S. dollar surged. Uncertainty over the conflict’s...
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