Asian stocks climbed early on Tuesday, following a strong session for US equities. Signs that President Trump’s trade sanctions might be less severe than expected boosted market sentiment.

Australian and Japanese indices also advanced, rebounding from recent selloffs.

The Nikkei was up 0.84%, S&P ASX 200 rose 0.52%, while Kospi advanced 0.22%. Hang Seng futures were up 0.31%.

US futures remained mixed, with contracts for S&P 500 flat and Nasdaq 100 declined 0.03%. Dow Jones was also down 0.03%.

The benchmark indices extended gains for the sixth straight session on Monday, marking their longest winning streak since September 2024.

The NSE Nifty 50 ended 307.95 points or 1.32% higher at 23,658.35, while the BSE Sensex closed 1,078.87 points or 1.4% up at 77,984.38.

Foreign portfolio investors were net buyers for the third session, purchasing Rs 3,055.8 crore in equities. Domestic institutional investors turned net buyers, adding Rs 98 crore.

Stocks To Watch Garden Reach Shipbuilders & Engineers

  • Restaurants Brands Asia: The Burger King India operator launched its qualified institutional placement on Monday, with the floor price for the QIP set at Rs 62.32 per share.

  • Brigade Enterprises: The firm acquired 4.4 acres in Bengaluru, with a gross development value of nearly Rs 950 crore.

  • Ease Trip Planners: EaseMyTrip.com received in-principle board approval to acquire a 49% stake in Big Charter Pvt., a prominent player in India’s charter aviation sector, to capitalize on high-margin segments like charter services and non-scheduled operator permit (NSOP) operations.

  • TTK Prestige:  T T Jagannathan resigned as non-executive chairperson and director of the company after serving 50 years on the board.

  • Wipro: The firm introduced AI-driven autonomous agents for Agentforce that aim to improve and simplify experiences for patients, providers while easing heavy administrative burden across the industry by taking care of onboarding and credentialing processes for healthcare providers.

  • Hyundai Motor India: It announced an investment of Rs 694 crore to establish a new tooling centre in India that will be dedicated to the manufacturing of stamping tools and panel production for vehicles.

  • GIC Housing Finance: The firm approved the appointment of Sachindra Salvi as managing director and chief executive officer.

  • Cholamandalam Investment & Finance Co: The company approved the appointment of Vellayan Subbiah as executive chairperson for five years.

  • UCO Bank: The company opened a qualified institutional placement issue on Monday and approved the floor price Rs 36.07 per share for the issue.

  • Punjab & Sind Bank: The public sector bank announced the approval and launch of its QIP, with floor price being fixed at Rs 40.38 apiece.

  • ICICI Bank: ICICI Securities will now be a wholly owned subsidiary of ICICI Bank. The company is deemed to have been delisted from the stock exchanges.

  • Dr Agarwal’s Health Care: The company has begun operations of a new branch in Udhna, Gujarat.

  • HCL Technologies: HCLTech announced a strategic partnership to set up a technological centre in Hyderabad in collaboration with American financial services corporation Western Union Co. to harness talent and provide incubation for innovation.

  • Sterling and Wilson Renewable Energy: The company has appointed Ajit Pratap Singh as the CFO.

  • Gujarat Narmada Valley Fertilizers and Chemicals: The company has signed a pact with Thyssenkrupp Udhe India for the supply of a Weak Nitric Acid-III plant.

  • Interarch Building Products: The company has entered an MoU with Moldtek Technologies. Interarch will handle manufacturing, shipping, erection, and related services for pre-engineered metal buildings, while Moldtek will provide engineering design and detailing services.

  • Awfis Space Solutions: The company has revised its credit facility arrangement with Kotak Mahindra Bank, surrendering an overdraft facility of Rs 10 crore, reducing the total sanctioned limit to Rs 40 crore.

  • Rail Vikas Nigam: RVNL has emerged as the lowest bidder for a Rs 116 crore order from Central Railway.

  • GIC Housing Finance: The company has approved the appointment of Sachindra Salvi as MD and CEO.

  • NTPC: The company has begun operations at the Kerandari Coal Mining Project.

  • Canara Bank: The government has appointed S K Majumdar as Executive Director for three years. It has also appointed D Surendran as Executive Director of Punjab National Bank.

  • Piramal Enterprises: The company will consider issuing NCDs up to Rs 300 crore on March 27.

  • Jupiter Life Line Hospitals: Its unit, Jupiter Hospitals Projects, has entered a loan agreement with HDFC Bank for a Rs 350 crore loan.

  • Britannia Industries: Operations at the company’s Gujarat plant have been partially affected due to a workers’ strike. Discussions are ongoing to resolve the issue.

  • Adani Enterprises: Its arm, Adani New Industries, has incorporated a wholly owned subsidiary, Adani New Industries One.

  • BMW Industries: The company has signed a PLI pact with the steel ministry for specialty steel.

  • Garden Reach Shipbuilders & Engineers: The company has signed a pact with a German firm for two multi-purpose vessels.

  • Mahindra & Mahindra: The company has clarified that it is evaluating various strategic opportunities in the ordinary course but has not confirmed any stake acquisition in SML Isuzu.

  • Aditya Birla Capital: The NCLT has sanctioned the scheme of amalgamation of its arm, Aditya Birla Finance, with the company.

  • Bank of India: The company will exercise a green shoe-option of $100 million in a syndicated loan.

  • Mahindra & Mahindra Financial Services: The company has approved the appointment of Ramganesh Iyer as COO, effective April 10.

Bulk Deals

SG Finserve: Madhusudan Kela bought 9.51 lakh shares (1.7%) at Rs 350.01 apiece, Dinesh Pareekh sold 3 lakh shares (0.53%) at Rs 350 apiece.

Insider Trades

  • Pidilite Industries: Promoter Radha Singh and Shivan Singh sold 7,000 shares each on March 19 and 20.

  • Texmaco Infrastructure & Holdings: Promoter Adventz Finance Pvt. bought 31,000 shares on March 21.

  • Bliss GVS Pharma: Promoter Vibha Gagan Sharma bought 25,000 shares on March 21.

  • Apollo Hospitals Enterprise: Promoter Karthik Anand bought 929 shares on March 19.

  • Pennar Industries: Promoter Aditya Narsing Rao bought 18,450 shares on March 21.

  • Usha Martin: Promoter Rajeev Jhawar bought 14,000 shares on March 21.

  • Kilburn Engineering: Promoter Firstview Trading bought 35,000 shares on March 21.

  • BCL Industries: Promoter Kushal Mittal bought 3.74 lakh shares between March 20 and 24.

  • Alembic Pharmaceuticals: Promoter Nirayu bought 7,600 shares on March 21.

  • K.P. Energy: Promoter Farukbhai Gulambhai Patel bought 2,800 shares on March 24.

  • Salasar Techno Engineering: Promoter Alok Kumar sold 41.14 lakh shares between March 18 and 20, Promoter Base Engineering LLP sold 45.83 lakh shares on March 18.

  • Aarti Pharmalabs: Promoter Orchid Family Trust (Relacion Trusteeship Services Private Limited) sold 24,500 shares on March 17, Promoter Tulip Family Trust (Gloire Trusteeship Services Private Limited) sold 15,000 shares on March 17.

Trading Tweaks

  • Price band changes from 10% to 5%: JNK India, Zen Technologies,

  • Price band changes from 5% to 2%: Aditya Birla Money

  • Price band changes from 5% to 10%: Kesoram Industries.

  • Price band changes from 20% to 10%: Balu Forge Industries, Ksolves India.

  • Ex-Record Dividend: Mishra Dhatu Nigam, Ksolves India.

  • Securities in Short-Term ASM Framework (Stage 1): Balu Forge Industries, Panacea Biotec, SML Isuzu.

  • Securities Excluded from ASM Framework: Ken Enterprises.

Who’s Meeting Whom?

  • Himadri Speciality Chemical to meet analysts and investors on March 27-28.

  • Star Health and Allied Insurance Co. to meet analysts and investors on March 27.

  • Sanathan Textiles to meet analysts and investors on March 27.

F&O Cues

  • Nifty March futures up 1.45% to 23,699, at a premium of 41 points.

  • Nifty March futures open interest down 9.94%.

  • Nifty Options (March 27 Expiry): Maximum call open interest at 25,000, maximum put open interest at 22,500.

  • Securities in Ban Period: IndusInd Bank.

Currency Update

The rupee strengthened 33 paise to close at 85.64 per US dollar, a two-month high, amid the RBI’s $10 billion buy-sell swap.

. Read more on Markets by NDTV Profit.The NSE Nifty 50 ended 1.32% higher at 23,658.35, while the BSE Sensex closed 1.4% up at 77,984.38 on Monday.  Read MoreMarkets, Notifications 

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