Reserve Bank of India logo
| Photo Credit:
ANUSHREE FADNAVIS
RBI was likely selling dollars on Friday, three traders told Reuters, as
the rupee remains under strain due to worries over how elevated
oil prices may impact the growth-inflation dynamics for the
South Asian economy.
The rupee was at 92.32 per dollar, down 0.1% on the
day and within touching distance of its all-time low of 92.3575
hit in the previous session.
Despite the central bank’s interventions, traders expect the
currency to keep drifting lower as energy prices remain volatile
and foreign investors continue to pull money out of local
stocks.
Kolkata: Consumers stand in a queue to refill their liquefied petroleum gas (LPG) cylinders outside a gas dealer’s shop amid a supply shortage, in Kolkata, Thursday, March 12, 2026. (PTI Photo/Swapan Mahapatra)(PTI03_12_2026_000216A)
| Photo Credit:
Swapan Mahapatra
PG Gas Shortage Live Updates: India is experiencing a severe LPG shortage after over half its imports, primarily routed through the Strait of Hormuz, were disrupted by the conflict in West Asia.
To address the shortage, the government has increased domestic production, redirected C3–C4 hydrocarbon streams to raise LPG output by over 25%, and diversified imports to include the US, Norway, Canada, Algeria, and Russia.
In the past month, small businesses, restaurants, and hotels have used alternative fuels such as coal, kerosene, biomass, and RDF pellets to conserve LPG for priority users.
Hospitals, educational institutions, and critical commercial consumers are being prioritised. Restaurants will receive 20% of their average monthly LPG allocation.
State governments have been directed to identify beneficiaries to prevent hoarding and black-market activity. Meanwhile, corporate catering firms and institutional kitchens are shifting to induction systems, boilers and biofuels while adjusting menus. Some companies, including HCLTech, have advised employees to work from home, while gig workers and street vendors are facing financial strain due to supply disruptions.
March 13, 2026 09:17
Russian ‘shadow fleet’ tankers divert to India after US waiver on crude imports
Russian ‘shadow fleet’ tankers divert to India after US waiver on crude imports
Russian tankers divert to India for crude imports after a US waiver, signaling potential relief in oil supplies.
March 13, 2026 09:13
Iran says it will not close Strait of Hormuz but reserves right to protect security
Iran pledges Strait of Hormuz security, denies closure plans
Iran says it will not close the Strait of Hormuz, stressing freedom of navigation while asserting its right to ensure security amid U.S.-Iran tensions.
The new system is designed to help banks, NBFCs, financial services providers accelerate AI adoption across documents, scans and voice–heavy business lending processes.
| Photo Credit:
ANDY
Fexo, a BFSI-focused AI intelligence platform, on Thursday announced the launch of its proprietary AI decisioning engine for business loans.
The new system is designed to help banks, NBFCs, financial services providers accelerate AI adoption across documents, scans and voice–heavy business lending processes by providing higher-quality decision ready insights while maintaining auditability and compliance, Fexo said.
In a statement, the company said that as financial institutions scale AI across operations, Fexo’s platform converts unstructured, multi-modal data into structured decision-ready intelligence, enabling faster, auditable and cost-efficient decisioning at scale.
The platform is engineered specifically for regulated environments where traceability, accuracy and policy alignment are critical.
According to Fexo, the platform processes complex financial and commercial documents of enterprises including financial statements, ITRs, bank and GST statements, call logs, credit reports, investor transcripts, invoices, photographs, scanned records– whether printed or handwritten, in English or vernacular languages.
It cross-references data across sources and transforms it into standardised, policy-aligned outputs integrated with configurable enterprise workflows, the company said.
“At a time when loan fraud in India has surged, with RBI data indicating a 229 per cent rise to over Rs 33,000 crore in FY25, early-stage intelligence is becoming critical. Fexo’s platform is designed to detect discrepancies and risk signals at the origination stage itself, helping institutions strengthen fraud prevention and reduce downstream NPAs,” the statement read.
Kaustubh K, Founder and CEO of Fexo, said, “Our platform removes document bottlenecks and enables faster, evidence-backed decisions for first-mile interactions helping clients scale rapidly without increase in headcounts.”
tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 13 March 2026
Indian equity markets are expected to open with a sharp gap-down and trade with a weak undertone, reflecting heightened global risk aversion and growing geopolitical uncertainty.
GIFT Nifty at 23,560 indicates Nifty may see a gap-down opening of 150 points.
Foreign Institutional Investors have remained consistent net sellers in the Indian market during March, reflecting global portfolio rebalancing and a shift toward safer assets. While Domestic Institutional Investors continue to provide partial support through steady buying, persistent FII outflows continue to weigh on overall market sentiment.
Meanwhile, global stocks are down between 0.5 and 2 per cent across the Asia-Pacific region.
March 13, 2026 07:35
Review
Quote: Vikrant Chaturvedi, Associate Director – Research, Brickwork Ratings
“India’s February 2026 CPI inflation at 3.21% on the 2024 base has edged up from 2.75% in January, reflecting renewed food price pressures. The Consumer Food Price Index rose 3.47% year-on-year, with vegetables such as tomatoes and cauliflowers still elevated despite sequential declines. Jewellery prices, particularly gold and silver, also contributed significantly, with gold-related inflation at 48.16% and silver jewellery at over 160%, underscoring the impact of the global bullion rally on domestic inflation. Core inflation, excluding food and energy, is estimated near 3.4%, signalling contained demand-side pressures in housing, health, and communication. This divergence between food and precious metals volatility versus relatively stable core highlights that while headline prints remain sensitive to supply shocks and asset price surges, underlying inflation dynamics are still benign.
From a monetary policy perspective, this mix should allow the RBI to remain patient, balancing growth support with vigilance on food and commodity-driven spikes. Having said that, the US–Iran conflict and rising crude oil prices pose upside risks through fuel and input-cost channels. For credit markets, the persistence of low and stable core inflation strengthens household purchasing power and corporate debt-servicing capacity, reinforcing sovereign and corporate credit profiles even as food and bullion prices remain the swing factors in the near term. Going forward, the trajectory of food and global commodity prices will be critical in determining whether headline inflation stabilizes or continues to test the RBI’s tolerance band.”
March 13, 2026 07:34
NSE
Stock Market Live Updates: Sectoral Performance | March 12, 2026
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March 13, 2026 07:34
NSE
Stock Market Live Updates: Closing Bell | March 12, 2026
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March 13, 2026 07:32
Review
Quote: Comments from Aditi Nayar, Chief Economist, ICRA Ltd. on CPI inflation
The headline CPI inflation inched up to 3.2% in February 2026 from the revised 2.7% in January 2026, in line with ICRA’s estimate. As expected, the uptick was almost entirely led by the food and beverages (F&B) segment, which accounted for as much as 44 bps of the 47 bps rise in the headline print between these months. Core (CPI excluding F&B and electricity, gas & other fuels) remained unchanged at 3.4% between these months.
ICRA expects the YoY inflation in the F&B segment to ease marginally in March 2026 from 3.4% in February 2026.
However, the hike in prices of domestic (non-subsidized) and commercial LPG cylinder prices in early-March 2026 owing to global energy supply disruptions would exert upward pressure on inflation prints for the electricity, gas & other fuels, and restaurant & accommodation divisions in this month. These, along with continued hardening in average prices of precious metals such as gold would push up the headline CPI inflation to ~3.3-3.5% in March 2026.
Looking ahead, with a somewhat lower weight for F&B in the new CPI series (36.75%: 2024 series) vis-à-vis the old series (45.86%: 2012 series), the expected base-effect led uptick in the headline CPI print in FY2027 would likely be tempered, after the initial uptick, resulting in a flatter curve even as the average would likely remain around ~4% in our base case for FY2027.
However, the ongoing geopolitical tensions in West Asia pose upside risks to the CPI inflation trajectory, if sustained for an extended period; as per ICRA’s analysis, every 10% increase in average crude oil prices increases the CPI inflation by 40-60 bps, assuming that a full transmission into retail selling prices (RSPs) of auto fuels takes place.
Additionally, elevated crude oil prices would weigh on India Inc.’s profitability and household spending, posing downside risk to our GDP growth forecast of 7.1% for FY2027. Heightened uncertainty transmitting from geopolitics into India’s growth and inflation outlook supports the case for a pause in the upcoming April 2026 MPC meeting.
• India’s CPI inflation for February rises to 3.21% YoY vs 2.75% previous; slightly above estimate of 3.14%.
• Government seeking urea imports from China amid gas shortages linked to the ongoing geopolitical conflict.
• Oil Minister states LPG supply concerns are driven by consumer fear, not actual shortages.
• India securing large LNG shipments daily from US, Norway, Canada, Algeria and Russia.
• Domestic LPG production up ~28% over the past five days.
• Around 70% of India’s crude imports now sourced outside the Strait of Hormuz; refineries operating at maximum capacity and fuel availability remains secure.
• Ongoing geopolitical tensions as Israel targets Iranian nuclear-related facilities.
SECTOR
• Energy security measures intensifying as India diversifies crude and LNG sourcing amid Middle East tensions.
• Fertilizer supply chain facing pressure due to gas shortages impacting global urea production.
FLOWS (MSCI / Block / Promoter)
• Avanti Feeds – Kotak Mahindra Mutual Fund acquires over 5% stake (Positive) | CMP ₹1243 | +2.73%
• Manorama Industries – Board approves fundraising plan up to ₹500 crore (Neutral) | CMP ₹1328.6 | -0.64%
• JNK India – Appoints Anand Agarwal as interim CFO (Neutral) | CMP ₹244.5 | +1.31%
RESULTS / ANALYST IMPACT
• Hero MotoCorp – Tax demand reduced from ₹177.96 crore to ₹27 crore; company plans further appeal and refund claim (Neutral) | CMP ₹5390.5 | -3.31%
• Amagi Media Labs – Reports 21% increase in FAST viewing and 27% rise in ad impressions in Q4 2025 driven by AI-led media processes (Positive) | CMP ₹379.5 | -1.22%
KEY MOVERS (>3%)
• Hero MotoCorp – ₹5390.5 | -3.31%
March 13, 2026 07:31
Commodities
Quote: US President Trump on oil prices rising
The US makes “a lot of money” when oil prices rise because it is the world’s largest oil producer. More important to me Iran is stopped than high oil price. Stopping Iran is of greater interest to me than oil prices.
March 13, 2026 07:30
Quote: Iran Supreme Leader
We will not give up on avenging the blood of your martyrs, especially the martyrs of Minab. Calls for unity among people and calls for participation on Quds Day. Closure of Strait of Hormuz should be continued as a tool to pressure enemy. We believe in friendship with neighbors and only target the bases, and we will inevitably continue (from initial comments, not seen any sign of talk to end the war)
March 13, 2026 07:24
Stock market
Stock Market Live Updates: Nifty may shed another 150 points at open
Indian equity markets are expected to open with a sharp gap-down and trade with a weak undertone, reflecting heightened global risk aversion and growing geopolitical uncertainty. Read more
March 13, 2026 07:11
Stock market
Stock Market Live Updates: 15 stocks including Balaji Amines, Zydus, Acme Solar, Gravita, Kalpataru, Vascon, Max Financial will remain in focus on Friday
15 stocks including Balaji Amines, Zydus, Acme Solar, Gravita, Kalpataru, Vascon, Max Financial will remain in focus on Friday
Key stocks like Balaji Amines, Zydus, and Max Financial are in focus this Friday amid significant corporate developments.
March 13, 2026 06:55
Technicalcallbuy
Today’s Stock Recommendation: March 13, 2026
March 13, 2026 06:53
Technicalcallbuy
Day Trading Guide for March 13, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for March 13, 2026: Intraday supports, resistances for Nifty50 stocks
Get key intraday supports, resistances, and trade recommendations for Nifty Futures and major stocks in March-13.
March 13, 2026 06:38
Technicalcallbuy
Stock Market Live Updates: Stock to buy today: Jindal Saw (₹199.25)
The stock of Jindal Saw has been trading with a positive bias since the beginning of this year. Since January, it has seen two sharp price rises. First, on the back of the support at ₹155 during the third week of January and now, it has gained nearly 20 per cent so far this week. The price action shows the formation of a higher high, and the price is now above both 21- and 50-day moving averages.
Stocks to Watch Today: भारतीय शेयर बाजार में पिछले कुछ दिनों से लगातार हलचल देखने को मिल रही है. ईरान-इजरायल के बीच पैदा हुए इस विवाद का असर वैश्विक समेत भारतीय बाजार पर देखने को मिल रहा है. गुरुवार, 12 मार्च के कारोबारी दिन शेयर बाजार में जबरदस्त गिरावट देखने को मिली थी.
सेंसेक्स 829.29 अंक या 1.08 प्रतिशत की गिरावट के साथ 76,034.42 अंक तो वहीं, एनएसई निफ्टी 50 227.70 अंक या 0.95 प्रतिशत फिसलकर 23,639.15 के लेवल पर बंद हुए थे. गिरावट भरे बाजार के बीच कुछ कंपनियों ने कॉरपोरेट अपडेट्स दिए हैं. जिसके कारण आज जब मार्केट खुलेगा तो निवेशकों की नजर इन चुनिंदा शेयरों पर हो सकती है…..
Vascon Engineers शेयर
वास्कॉन इंजीनियर्स लिमिटेड को अहमदाबाद नगर निगम की ओर से करीब 115.90 करोड़ रुपये के प्रोजेक्ट के लिए लेटर ऑफ इंटेंट मिला है. इस प्रोजेक्ट के तहत अहमदाबाद के दक्षिण-पश्चिम क्षेत्र में करीब 54,000 वर्ग मीटर इलाके में ‘लोटस पार्क’ विकसित किया जाएगा.
निर्माण और रियल एस्टेट क्षेत्र में चार दशक से ज्यादा का अनुभव रखने वाली कंपनी इस परियोजना को ईपीसी मॉडल पर पूरा करेगी. इस खबर की जानकारी के बाद आज निवेशकों की नजर कंपनी शेयरों पर हो सकती है. जिससे शेयरों में हलचल दिखने की उम्मीद है.
DCM Shriram शेयर
डीसीएम श्रीराम लिमिटेड ने रिन्यूएबल एनर्जी क्षेत्र में कदम बढ़ाते हुए लगभग 87 करोड़ रुपये तक के निवेश की योजना को मंजूरी दी है. कंपनी यह राशि एक या उससे अधिक स्पेशल पर्पज व्हीकल (एसपीवी) के जरिए लगाएगी और इसके बदले उन इकाइयों में कम से कम 26 प्रतिशत हिस्सेदारी रखेगी.
इस पहल का उद्देश्य एक नवीकरणीय ऊर्जा परियोजना स्थापित करना है. जिससे भरूच स्थित कंपनी के प्लांट को बिजली उपलब्ध कराई जा सके.
Nectar Lifesciences Limited शेयर
नेक्टर लाइफसाइंसेज लिमिटेड ने एवेन्सिस एक्सपोर्ट्स प्राइवेट लिमिटेड के साथ इंटर-कॉर्पोरेट लोन को लेकर एक डील की है. इस समझौते के तहत नेक्टर लाइफसाइंसेज लोन देने वाली कंपनी होगी, जबकि एवेन्सिस एक्सपोर्ट्स यह लोन लेगी.
खास बात यह है कि एवेन्सिस एक्सपोर्ट्स, नेक्टर लाइफसाइंसेज की पूरी तरह से स्वामित्व वाली सहायक कंपनी है. इसलिए यह वित्तीय व्यवस्था एक ही समूह के भीतर की जा रही है.
Sigma Advanced Systems शेयर
सिग्मा एडवांस्ट सिस्टम्स लिमिटेड ने एक डील के तहत अपनी पूरी हिस्सेदारी बेच दी है. कंपनी ने स्विट्जरलैंड की दवा कंपनी एक्सट्रोविस एजी को अपने हिस्से की 36.52 प्रतिशत हिस्सेदारी 15 मिलियन डॉलर में बेची है.
कंपनी ने अपने कारोबार को सरल बनाने के लिए यह फैसला लिया है. इस बड़े डील की खबर के बाद आज कंपनी शेयरों में हलचल देखने को मिल सकती है.
डिस्क्लेमर: (यहां मुहैया जानकारी सिर्फ़ सूचना हेतु दी जा रही है. यहां बताना जरूरी है कि मार्केट में निवेश बाजार जोखिमों के अधीन है. निवेशक के तौर पर पैसा लगाने से पहले हमेशा एक्सपर्ट से सलाह लें. ABPLive.com की तरफ से किसी को भी पैसा लगाने की यहां कभी भी सलाह नहीं दी जाती है.)
The timing shift would place Prime Day in Amazon’s second-quarter financial results, which typically end on June 30. Last year, the event was extended from two to four days, generating $24.1 billion in online spending across U.S. retailers, up 30% from the previous year, according to Adobe Analytics.
| Photo Credit:
PASCAL ROSSIGNOL
Amazon.com is planning to
move its Prime Day sale event up to late June, Bloomberg News
reported on Thursday, marking a rare shift in calendar for the
critical, decade-old shopping event.
Prime Day is marked by heavy discounts on categories ranging
from apparel and electronics, and its summer iteration coincides
with the back-to-school shopping season with parents and
students waiting to cash in on the deals.
The timing shift would also move Prime Day sales to Amazon’s
second quarter, which typically ends on June 30. The company
declined to comment to Reuters on the report.
Amazon’s Prime Day event has taken place in July since its
launch in 2015, barring a change for two years during the
pandemic.
Last year, the event was extended to four days from the usual
two, and drove $24.1 billion in online spending across U.S.
retailers, up 30% from a year ago, according to data from Adobe
Analytics.
However, Amazon has also had to contend with competing deals
events from retailers such as Walmart and Target
as these companies invest in their digital order fulfillment and
same-day delivery capabilities.
Contribution to U.S. sales from e-commerce almost doubled
for Walmart in its most recently reported quarter, and the
company said customers using its option for delivery under three
hours grew more than 60% for fiscal year 2026.
