Morning Cuppa 06th March: Indian Markets, Global Markets and Commodity Update

Market Snapshot

Nifty- 24,765 (+1.17%)
Sensex- 80,015 (+1.14%)
FII: -3752 Cr
DII: +5153 Cr
GIFT nifty 24,629

Bond Market

10Y G-sec fell by 3bps and closed at 6.64%

Corporate Updates

• Iran war set to hit output in sectors dependent on oil and gas: Crisil
• Maharashtra’s economy likely to grow 7.9% in 2025-26: Economic Survey
• SBI Cards and Payment declares ₹2.50 interim dividend for FY26; record date set for March 11
• Dr Reddy’s gets USFDA Establishment Inspection Report for Andhra’s Srikakulam facility
• TCS in ‘advanced’ talks with tech majors for more AI data centres in India
• Embassy REIT raises ₹1,400 crore via 10-year NCD issue at 7.49% coupon

Currency Market

USD/INR at 91.60
DXY at 99.06
EUR/USD at 1.1609
GBP/USD at 1.3358
USD/JPY at 157.59

Global Markets

US: Dow -1.61%, S&P 500 -0.57%, Nasdaq -0.26%
Europe: FTSE -1.45%, DAX -1.61%, CAC -1.49%
Asia: Nikkei +0.58%, Hang Seng +0.28%, Shanghai +0.64%

Commodities

Brent $85.41/bbl (+4.93%), Gold $5,077/oz (-1.14%)
To enable oil to keep flowing into global market’: US grants India temporary waiver to buy Russian oil amid Middle East crisis
Gold falls as rising yields, firm dollar eclipse safe‑haven demand