Stock Market News Today Live Updates: Nifty Below 24,150, Sensex Falls 400 Points; RIL Erases Opening Gains

• ATGL rose as much as 15.2% to Rs 544.25 in early trade, extending gains for a second straight session.
• Trading volume was about 50 times its 20-day average, according to Bloomberg data.
• The stock has gained 11% over the past five sessions.

• Adani Enterprises rose as much as 1.6% to Rs 2,027, ending a three-day losing streak.
• All analysts tracked by Bloomberg have a Buy rating on the stock.
• The consensus target price is Rs 2,870, implying 43% upside from the last regular trading price.

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• InterGlobe Aviation (IndiGo) rose as much as 2.7% to Rs 4,499 after the company said CEO Pieter Elbers has resigned, as per an exchange filing dated March 10, 2026.
• The company said Elbers will be relieved from service effective close of business on March 10, 2026, and Managing Director Rahul Bhatia will assume management charge on an interim basis.
• Elbers cited personal reasons in his resignation letter and requested a waiver of the notice period; he had taken charge as CEO in September 2022.

• Reliance Industries rose as much as 1.8% to Rs 1,434, making it the top gainer on the Sensex and the Nifty.
• The move followed US President Donald Trump’s post saying a new refinery will be built in Brownsville, Texas, and describing it as a $300 billion project backed by Reliance Industries.
• Trump said America First Refining will develop the project at the Port of Brownsville and linked it to boosting US energy production and exports.

• Nifty and Sensex moved between gains and losses in early trade and were little changed.
• Nifty traded at 24,218, while Sensex was at 78,108 after Tuesday’s rally.

The rupee depreciated by as much as 13 paise to 91.93 against the US dollar in opening trade.

• Nifty traded near flat at 24,233 in pre-market trade.
• Sensex was little changed at 78,171.

• Ponmudi R, CEO of Enrich Money, said the Nifty 50 is hovering around the 24,000 zone after the recent correction, with 23,700–23,600 as the key support band and 24,300 as the immediate resistance.
• He also marked 24,600 as a higher resistance area, and said a sustained move above that zone would be needed for a broader recovery.
• Ponmudi R said momentum indicators remain weak, with the RSI near 29 and the MACD “deeply negative” with a widening histogram.

• The note says the war started on February 28 and the market is entering the 11th day of the conflict, with FIIs selling in the cash market for an eighth straight day.
• Since February 28 (data taken till March, as per the note), FIIs have sold Rs 28,177 crore in cash, while DIIs have bought Rs 41,801 crore.
• The note shows FIIs are net short Rs 11,357 crore in index futures and Rs 35,877 crore in index options, with FII shorts at 88% versus 87%, marked as the highest in the March series.

• Jefferies maintained its Buy rating on Godrej Properties with a target price of Rs 2,700.
• The brokerage said the promoters’ purchase of a 3.5% stake from the market signals confidence in long-term residential demand and the company’s positioning.
• Jefferies said management is focused on scaling up construction and expects operating cash flow surplus to rise substantially in FY27, adding that the reported 20% return-on-equity target remains on track.

• Astral, EMS and VA Tech Wabag are in focus on updates linked to Jal Jeevan Mission 2.0; Shakti Pumps and Oswal Pumps are in focus on reports around a new version of the PM Kusum scheme.
• Bajaj Finance, Advanced Enzyme and Star Cement are in focus on promoter buying; HG Infra Engineering is in focus after reporting an order win worth Rs 401 crore; Polycab and Panacea Biotech are in focus on tax relief; Godavari Biorefineries is in focus after a Japan patent update; Brigade Enterprises and Arvind SmartSpaces are in focus on Bengaluru project updates; TVS Supply Chain is in focus after setting up a warehousing facility near Chennai.
• InterGlobe Aviation is in focus after Pieter Elbers resigned as chief executive; Wakefit Innovations, Corona Remedies and Ananta Healthcare are in focus on share lock-in expiry; paints, aviation and tyre names are in focus as Brent crude fell for a second day.

• Brent traded at $87.91 a barrel, down $3.14 or 3.45%, while WTI was around $83.43 a barrel, largely flat in early trade.
• Prices steadied after Tuesday’s drop, which followed a now-deleted post by US Energy Secretary Chris Wright claiming the US Navy had escorted an oil tanker through the Strait of Hormuz.
• The White House denied the claim, and the post was later deleted, keeping market focus on risks around the Strait of Hormuz.

• S&P 500 fell 0.21% to 6,781.48 in choppy trade as oil prices retreated and investors tracked the Iran war.
• Dow Jones Industrial Average slipped 34.29 points, or 0.07%, to 47,706.51.
• Nasdaq Composite edged up 0.01% to 22,697.10.

• Australia’s S&P/ASX 200 rose 0.35% in early trade.
• Japan’s Nikkei 225 gained 1.36% and the Topix added 1.22%.
• South Korea’s Kospi advanced 3.2%, while the Kosdaq rose 1.39%.
• Hong Kong’s Hang Seng Index was up 0.43%, and the CSI 300 added 0.19%.

• Gift Nifty was at 24,325 in early trade.
• The level compares with the Nifty 50 close of 24,261.60 on Tuesday.