Morning Cuppa 19th March: Indian Markets, Global Markets and Commodity Update

Market Snapshot

Nifty- 23,777 (+0.83%)
Sensex- 76,704 (+0.83%)
FII: -2714 Cr
DII: +3253 Cr
GIFT nifty 23,241

Bond Market

10Y G-sec increased by 2bps and closed at 6.73%

FY26 advance tax collection up 6.42% at ₹11.13 trn, shows I-T data
Parliamentary Committee urges expedited WPI base revision to 2022-23

Corporate Updates

Alkem Labs to invest up to ₹533 crore in MP’s Ujjain facility; gets 30-acre land allotment
Nazara to buy 50% stake in Bluetile, BestPlay for ₹918 crore; earn-outs up to ₹898 crore
RBI clears Bain Capital entry into Manappuram Finance; ₹4,385 crore deal in final leg
Delhivery expands international parcel service to UK, Canada and Australia

Currency Market

USD/INR at 92.63
DXY at 100.21
EUR/USD at 1.1452
GBP/USD at 1.3258
USD/JPY at 159.88

Global Markets

US: Dow -1.63%, S&P 500 -1.36%, Nasdaq -1.46%
Europe: FTSE -0.94%, DAX -0.96%, CAC -0.06%
Asia: Nikkei -0.15%, Hang Seng +0.61%, Shanghai +0.32%

Commodities

Brent $107.38/bbl (+3.83%), Gold $4,818/oz (-3.74%)
Oil rises 3% after Iran strikes Middle East energy facilities

Gold prices hit over a one-month low after Fed holds rates steady as expected