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US stocks fell sharply as oil prices surged due to Middle East tensions. The Dow dropped over 500 points, while the S&P 500 and Nasdaq declined around 0.8%.

Shares of JK Lakshmi Cement Ltd ended at ₹607.80, up by ₹2.45, or 0.40%, on the BSE.

Max Financial to raise ₹2,000 crore via QIP. Manorama Industries to raise ₹500 crore via securities. Balaji Amines hit by ammonia supply issues. IOB revises MCLR rates. Here are few stocks to track ahead of Friday’s trading session.

Shares of Tata Steel Ltd ended at ₹193.45, down by ₹1.25, or 0.64%, on the BSE.

The Indian rupee weakened against the US dollar on March 12, pressured by rising crude oil prices due to Iranian tanker attacks. Brent crude rose 7.3% to $98.60 a barrel.

According to UBS, its store checks indicate that growth momentum has remained intact, although disruptions in the Middle East could weigh on international growth in the near term.

The Gig Workers Association has raised an alarm over the gas shortage and its impact on workers, as more than 50% to 60% of orders on food delivery order platforms have been impacted.

Morgan Stanley and Cliffwater LLC limited withdrawals from their private credit funds after investors tried to redeem more than allowed. Concerns over loan quality are straining the market.

As per the contract, VA Tech Wabag will refurbish and upgrade the existing facility to restore its full treatment capacity of 45 MLD within 18 months.

The company said its UAE plant, a 50.1% subsidiary, is maintaining optimum inventory levels, and domestic sales are ongoing. However, if the war continues, raw material supply could be affected, potentially impacting UAE operations. Shares of Gandhar Oil Refinery India…