According to analysts, IndiGo is likely to face continued headwinds from both fuel and non-fuel costs. It also sees limited scope for yield expansion as domestic air traffic remains tepid, while growth in international traffic is beginning to moderate.
JM Financial’s Rahul Sharma said the Nifty remains in a narrow market phase where a limited number of stocks are supporting the index, similar to the trend seen in 2017–18. He said the index has immediate support at 24,000, while…
Data from the Korea Exchange showed that retail traders accounted for roughly 45% of total turnover on Thursday, compared with about 33% for foreign investors and 22% for institutional players.
Elara Securities’ Prashant Biyani said fertiliser availability in India remains comfortable ahead of the kharif season, with sufficient closing stocks of urea and phosphate fertilisers. As of mid-February, urea inventory stood at about 4.1 million tonne, equal to nearly two…
Korea’s Kospi index saw a record one-day drop amid a regional stock selloff. The MSCI Asia Pacific Index fell over 6%, its biggest decline in six years.
Broader markets outperformed the benchmarks during the session. The Midcap index climbed 867 points to end at 57,793, while the Nifty Bank index advanced 301 points to close at 59,056.
Shares of DEE Development Engineers rose 9% after its subsidiary DEE Piping Systems (Thailand) got a ₹20 crore LoI for HRSG piping for a Taiwan project, due by May 2027.
Shares of Dr Reddy’s Laboratories Ltd ended at ₹1,307.00, up by ₹15.85, or 1.23%, on the BSE.
US Stock Market Highlights: US stocks turned lower on Thursday as the rebound from the previous session faded, with oil prices surging above $80 per barrel after Iran said it struck an oil tanker with a missile, triggering fresh concerns…
Garden Reach Shipbuilders & Engineers signed an MoU with Kalyani Strategic Systems Limited on March 5, 2026, to develop indigenous naval systems and enhance maritime defence technologies. GRSE shares rose ₹94.25 or 4.07% to ₹2,407.55 on BSE today, March 5.