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Shares in Australia, Japan and South Korea opened higher while US equity-index futures dropped in early Asian trading.

Brent crude for June traded just shy of $75 a barrel, after the contract gained 2.8% on Monday, the most since mid-January. West Texas Intermediate was above $71.

Brokerage firm Jefferies, in a note last Friday, had mentioned that the reforms in gas and crude pricing could support ONGC’s Earnings Per Share (EPS) to grow at a Compounded Annual Growth Rate (CAGR) of 14% over financial year 2025-2027.

Out of the 30 analysts that have coverage on ONGC, 20 of them have a “buy” rating on the stock, while five each have a “hold” and “sell” rating respectively.

HAL shares turned out to be the best performers on the Nifty PSE index in the month of March with gains of 35%. This is the best monthly return that the stock has seen in the last five years.

Nilesh Shah, Managing Director at Kotak Mahindra AMC, stated that investors should focus on strong entrepreneurial ventures in the consumer discretionary, banking, and financial services sectors, as these areas continue to offer promising opportunities.

After a 10% surge last Monday, IREDA shares declined for the rest of the week, declining for the fourth day in a row last Friday as well.

Maruti Suzuki’s launch cycle is set to improve in FY26E, unlike the industry’s subdued pipeline.

Goldman Sachs revises US economic outlook, raising recession probability to 35%. Higher tariffs and slower GDP growth lead to lower S&P 500 return forecasts and earnings growth estimates.

Of the three companies under review, LIC has requested business data from at least two, while relying on public disclosures for the third.