1. GLOBAL MARKET SUMMARY
US Market Overnight
- S&P 500: 5,421.35 (-0.78%)
- Nasdaq: 17,034.21 (-1.12%)
- Dow Jones: 40,589.72 (-0.54%)
European Markets
- FTSE 100: 8,142.28 (+0.45%)
- DAX: 17,842.15 (+0.32%)
- CAC 40: 7,896.33 (+0.28%)
Asian Markets
- Nikkei 225: 38,762.41 (+2.84%)
- Hang Seng: 21,543.67 (+1.89%)
- KOSPI: 2,456.83 (+10.42%) - sharp rebound from worst-ever decline
- Shanghai Composite: 3,127.52 (+1.67%)
2. KEY HEADLINES & EVENTS (Last 16-17 Hours)
Government Announcements (India)
- SEBI revises AIF reporting framework: Securities and Exchange Board of India replaced detailed quarterly filings for Alternative Investment Funds with comprehensive Annual Activity Reports to reduce compliance burden
- PMS regulations review: SEBI preparing comprehensive review of Portfolio Management Services Regulations, 2020
Company Results & Announcements (India)
- MRF commits Rs 5,300 crore for new tyre manufacturing unit to expand capacity
- Shriram Finance secured $76 million co-financing package for expansion
- Bajaj Consumer Care shows resilience with Almond Drops hair oil driving double-digit volume growth, analysts retain ‘Buy’ rating
- Computer Age Management among 4 F&O stocks with sharp rise in futures open interest, signaling growing market participation
- Omnitech Engineering IPO listing today, grey market signals indicate negative premium ahead of debut
- Yaap Digital (Mukul Agrawal-backed) to list today, grey market suggests flat listing
Global News & Events
- Trump nominates Kevin Warsh as Fed Chair: President Donald Trump officially nominated Kevin Warsh to replace Jerome Powell as Federal Reserve Chair
- South Korea’s KOSPI stages sharp rebound surging over 10%, on course for best day since 2008, recovering from Wednesday’s worst-ever daily decline
- China sets lowest growth target in decades during National People’s Congress meeting
- European markets finish higher as traders track Middle East turmoil
- Qatar halts LNG output following Iranian drone attack on its facility, impacting global energy markets and India’s LNG imports
- Gold prices surge hitting record highs amid escalating geopolitical tensions, safe-haven buying continues
Commodity Market Movements
- Crude oil prices surge over 2% as expanding US-Israeli conflict with Iran elevates supply risks, with Strait of Hormuz concerns
- Gold up 20% so far this year, notching successive record highs
- Silver prices rise alongside gold on safe-haven demand
- MCX Gold price jumps above ₹1.63 lakh per 10 gm
- MCX Silver at ₹2,62,100 per kg, up 1.40%
3. WHAT TO WATCH TODAY
Scheduled Earnings Releases (March 5, 2026)
- Fractal Analytics - Q4 results expected
- Tulsi Extrusions - Q4 results expected
- Aye Finance - Q4 results expected
- DCM Shriram International - Q4 results expected
- Kwality Wall’s (India) - Q4 results expected
Scheduled Corporate Events
- Omnitech Engineering IPO - Market debut today (listing date)
- Yaap Digital IPO - Market debut today (listing date)
- SEBI AIF regulations - Industry stakeholders awaiting detailed guidelines
Market Indicators to Watch
- GIFT Nifty - Up 105 points, signaling potential positive opening
- India VIX - Spiked 23% to 21.14, reflecting increased market fear
- USD/INR - Rupee at record low of 92.15-92.16 vs dollar
- Crude oil prices - WTI and Brent both up 2%+ on supply concerns
Geopolitical Developments
- US-Iran war (Day 6) - Market participants monitoring for escalation or de-escalation signs
- Strait of Hormuz situation - Critical for global oil supply routes
- Middle East airspace closures - Impact on aviation sector
4. SUMMARY
Indian markets face significant pressure as the US-Iran conflict enters its sixth day, with the rupee hitting a record low of 92.15 against the dollar amid surging crude oil prices. India VIX jumped 23% to 21.14, reflecting heightened market volatility. Foreign portfolio investors have been exiting Indian equities, with nearly ₹10 lakh crore in investor wealth wiped out over recent sessions. Aviation stocks remain under pressure with IndiGo cancelling over 500 flights due to airspace closures. LNG companies are also facing headwinds after Qatar halted production following an Iranian drone attack. However, Asian markets showed signs of recovery with South Korea’s KOSPI surging 12% and Japan’s Nikkei up 4% on de-escalation buzz. Gold prices continue their upward trajectory, gaining about 20% year-to-date as investors seek safe-haven assets. IPO activity continues with Omnitech Engineering and Yaap Digital scheduled to list today, though grey market signals suggest muted debuts. SEBI’s regulatory easing on AIF and PMS reporting requirements may provide some relief to the alternative investment industry. The market’s focus will remain on geopolitical developments, oil price movements, and the RBI’s response to currency depreciation.
Details for information purposes only. Don’t treat this as financial advice.