Foreign portfolio investors (FPIs) offloaded $1.4 billion from Indian IT and FMCG stocks in the first half of March, driven by concerns over a US slowdown and weaker global discretionary spending.
UCO Bank set the price for its ₹2,000-crore QIP at ₹34.27 per share, reflecting a 9.19% discount to its March 21 closing price of ₹37.74 on the NSE, sources told CNBC-TV18. Shares of UCO Bank Ltd ended at ₹37.75, up by ₹0.65, or 1.75%, on the BSE.
Sarma, who currently serves as wholetime director and president of energy, has over 40 years of experience, with 30 years being in the Middle East. Shares of Larsen & Toubro Ltd ended at ₹3,417.35, up by ₹68.15, or 2.03%, on the BSE.
Foreign institutional investors (FIIs) staged a strong comeback, making their highest equity purchase of 2025 at ₹7,470 crore on March 21. Markets rebounded sharply, adding ₹22 lakh crore in wealth, while the rupee posted its best weekly gain in two years.
RBI clarified that the penalty was imposed for compliance deficiencies and did not impact the validity of the bank’s transactions with its customers. Shares of IDBI Bank Ltd ended at ₹81.35, up by ₹6.11, or 8.12%, on the BSE.
With this transaction, Nauyaan Shipyard Private has become a step-down subsidiary of RIL. Shares of Reliance Industries Ltd ended at ₹1,276.45, up by ₹7.90, or 0.62%, on the BSE.
The recommendation comes amid continued pressure from US President Donald Trump to lower tariffs and provide greater market access for American products in the Indian market.
This addition raises the company’s total licensed capacity to 615 lakh bulk litres at its facility in Rangapur, Telangana. Shares of Allied Blenders and Distillers Ltd ended at ₹322.20, up by ₹3.40, or 1.07%, on the BSE.