Indian stock markets experienced a significant downturn. The Sensex and Nifty saw sharp declines in the first four March sessions. This selloff wiped out substantial market capitalization. Key factors influencing market sentiment included the escalating US-Israel-Iran conflict, surging crude oil prices, foreign investor outflows, and disappointing US jobs data. Technical indicators also pointed to a bearish outlook for the markets.
United Breweries shares rally 14% after Q2FY27 profit jumps 191% YoY
United Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the September