Nasdaq Launches First Private Market Index Suite, Marking Key Milestone
March 11, 2026, 1:17 AM EDT. Nasdaq introduced its inaugural suite of private capital indexes, aiming to meet growing demand for data and transparency in private markets. This launch integrates Nasdaq's index construction, governance, and benchmarking tools into the Private Capital Solutions platform, reflecting the maturation of private markets as a critical institutional investment area. Constructed from data on over 14,000 funds and $11.4 trillion managed assets, the indexes cover private equity, venture capital, private debt, and real estate. Oliver Albers, chief product officer, highlighted this as a foundational step linking data, analytics, and benchmarks in one unified solution. The move responds to the need for improved tools amid concerns over private credit fund distress and aims to replace inadequate proxies and fragmented benchmarks with robust, unbiased measurement.
Bharti Airtel Appoints S.R. Batliboi as New Statutory Auditor from 2027
March 11, 2026, 1:16 AM EDT. Bharti Airtel will replace Deloitte Haskins & Sells LLP with S.R. Batliboi & Associates LLP as its statutory auditor starting from the conclusion of its 32nd Annual General Meeting in 2027. The Board approved the appointment on March 10, 2026, following a rigorous selection process led by the Audit Committee. S.R. Batliboi & Associates LLP, established in 1949 and registered with the Institute of Chartered Accountants of India, offers extensive audit services across sectors like technology, telecommunications, financial services, and infrastructure. The change aligns with regulatory requirements under SEBI's disclosure norms. Deloitte's second consecutive term will end with the 2027 AGM. The appointment awaits shareholder approval at the upcoming AGM.
Reliance Industries Shares Rise on Plans for New Texas Oil Refinery
March 11, 2026, 1:07 AM EDT. Reliance Industries shares rose over 1% following US President Donald Trump's announcement of a new oil refinery project in Brownsville, Texas, with Reliance's investment. This facility, the first new US refinery in 50 years, is set to process 160,000 barrels of oil per day and break ground in Q2 2024. Reliance has signed a 20-year fuel sales agreement for the refinery. Despite a 10% year-to-date decline, the stock has gained 12% over the past year. Technical analysts note a strong support level at ₹1,300, with resistance near ₹1,435 to ₹1,490 to watch for further movement.
Stocks Dip on Rising 10-Year T-Note Yields Amid Iran Conflict Concerns
March 11, 2026, 1:04 AM EDT. Stocks edged lower as the S&P 500 fell 0.21% and the Dow slipped 0.07%, pressured by a more than 5 basis point rise in 10-year U.S. Treasury note yields and escalating tensions in Iran. The Pentagon escalated bombing efforts, while a major UAE refinery closure and tanker explosion heightened geopolitical jitters. Oil prices plunged 12% on hopes of a swift end to the conflict and potential coordinated release of G-7 oil reserves, partially offsetting losses. U.S. existing home sales also surprised on the upside with a 1.7% monthly increase, supporting markets. Despite calls by President Trump that the Iran war is ending soon, Iran appointed a hardliner as supreme leader, signaling sustained tension. Over 95% of S&P 500 firms have reported Q4 earnings, with 74% beating estimates, providing some positives amid the uncertainty.
ServiceNow (NOW) Shares Appear Undervalued Amid Price Decline, DCF Model Shows
March 11, 2026, 1:03 AM EDT. ServiceNow (NOW) shares recently closed at $116.61, showing declines of 20.9% year-to-date and 27.9% over 12 months despite longer-term gains. The company's focus on workflow automation and cloud software is under scrutiny as IT spending plans shift. Valuation checks rate ServiceNow low on a 6-point scale, scoring just 2. A Discounted Cash Flow (DCF) analysis projects fair value at $164.72 per share, indicating a 29.2% discount versus the current price. This suggests potential undervaluation based on future cash flow projections. The stock trades at a price-to-earnings multiple of 69.78, above software industry averages, reflecting expectations for strong growth but tempered by recent market caution. Investors may want to reassess ServiceNow's risk and opportunity profile amid these conflicting signals.
Sedemac Mechatronics debuts on NSE at 14% premium; investor gains per lot detailed
March 11, 2026, 1:02 AM EDT. Sedemac Mechatronics' shares listed on the National Stock Exchange (NSE) at a 14% premium, signaling strong investor interest. This initial surge provided investors with immediate gains per lot, reflecting positive market sentiment toward the company. The firm's debut underscores ongoing appetite for new listings in the Indian equity market. Upstox Securities Pvt. Ltd. announced details around trading and investor protections, emphasizing regulatory compliance and cautioning about market risks. Investors are reminded of SEBI's risk disclosure norms, reinforcing the importance of understanding market dynamics before trading. The listing serves as a case study in short-term gains achievable during initial public offerings (IPOs) or direct listings on NSE.
Shopify: A Leading Tech Stock to Buy in 2026 Amid AI Growth
March 11, 2026, 12:48 AM EDT. Shares of Shopify (TSX:SHOP) have rebounded after early-year losses, presenting a compelling entry point for long-term investors. Despite a shift away from high-growth tech multiples, Shopify's leadership in agentic artificial intelligence (AI) offers significant growth potential. The company's revenue is expected to rise, though margins may soften in the near term. CEO Harley Finkelstein highlights AI-driven search innovations as a catalyst for future top-line growth. While markets remain volatile, Shopify's alignment with AI advancements positions it well for recovery and possible new highs, even as broader tech stocks face downward pressure.
Is Mastercard Undervalued After Recent Price Drop? An In-Depth Valuation Analysis
March 11, 2026, 12:47 AM EDT.Mastercard (MA) shares have declined by 1.8% over the past week and 8.6% year to date, raising questions about fair valuation. Despite a strong 3-year return of 48.5%, recent market pressure reflects concerns around digital payments competition and regulatory risks. Our analysis gives Mastercard a low 2 out of 6 valuation score, highlighting caution. However, the Excess Returns model suggests the stock may be undervalued by nearly 20%, estimating intrinsic value at $638.35 versus current prices. This valuation uses expected earnings above required shareholder returns, indicating potential opportunity. Investors should weigh these factors amid ongoing sector challenges and evolving payment trends.
Sedemac Mechatronics lists at 14% premium on NSE; analysts suggest partial profit booking
March 11, 2026, 12:45 AM EDT. Sedemac Mechatronics shares debuted on the NSE at Rs 1,535, marking a 13.54% premium over the issue price amid a 2.68 times subscription. On the BSE, the stock listed at Rs 1,510, an 11.69% premium. The Pune-based company supplies electronic control units (ECUs) to OEMs in India, the US, and Europe, including clients like TVS Motor and Bajaj Auto. Analysts recommend partial profit booking for short-term investors while advising a hold for long-term holders. The IPO raised Rs 1,087 crore with anchor investors contributing Rs 326 crore. Sedemac Mechatronics operates in critical automotive components, supporting industrial and mobility sectors. Market experts emphasize cautious optimism given the unseasoned nature of the shares and premium listing.
SEDEMAC Mechatronics Shares Rise 13.54% Debut on NSE from IPO Price
March 11, 2026, 12:44 AM EDT. SEDEMAC Mechatronics debuted on March 11 with its share price at ₹1,535 on the NSE, 13.54% higher than its IPO price of ₹1,352. The stock opened at ₹1,510 on the BSE, up 11.69% from the issue price. The IPO, a fully offer for sale (OFS), raised ₹1,087.45 crore as promoters sold 80.43 lakh shares. Subscription stood at 2.68 times, with Qualified Institutional Buyers (QIBs) showing strong interest at 8.46 times. Retail subscription was weak at 0.20 times. SEDEMAC, based in Pune and established in 2007, specialises in control electronics for automotive and industrial markets, including sensor-less motor control technology. ICICI Securities managed the issue.
Philippine Stock Exchange CEO Cautions on Market Impact of Prolonged Middle East Conflict
March 11, 2026, 12:30 AM EDT. Ramon Monzon, CEO of the Philippine Stock Exchange, warns that market stability in the Philippines is at risk if the ongoing Middle East conflict continues without resolution. The escalation has driven up energy prices, pressuring the local economy and investor sentiment. Amid these uncertainties, Monzon highlights an active IPO pipeline, including major listings from Maya Bank and Gcash. However, he said that prolonged geopolitical tensions could derail investor confidence and market gains, making outlooks highly unpredictable. The PSE remains vigilant as it navigates external shocks and domestic growth prospects.
Asian Shares Rise as Markets Eye End to Iran War Amid Oil Price Fluctuations
March 11, 2026, 12:28 AM EDT.Asian shares advanced with Tokyo's Nikkei up 2.1%, South Korea's Kospi soaring 3.5%, and Taiwan's benchmark climbing 3.9% on Tuesday. U.S. stocks were steady, with the S&P 500 dipping 0.2% after volatile oil-driven swings. Oil prices moderated after spiking near $120 a barrel on Monday due to war fears disrupting Middle East oil supply. President Trump expressed optimism the Iran conflict is nearly over, bolstering hopes of a swift resolution. However, heightened rhetoric persists, with U.S. Defense officials promising intensified strikes and Iran threatening to block oil exports. The Strait of Hormuz, vital for 20% of global oil shipments, remains a flashpoint. Markets brace for uncertainty, balancing the war's impact against potential rapid recovery if oil flows resume.
Soybeans Futures Edge Higher Amid Mixed USDA Export Sales Data
March 11, 2026, 12:17 AM EDT. Soybeans futures gained 1 to 2 cents by midday Tuesday, with the national average cash price rising 1.5 cents to $10.52 3/4. Soymeal futures increased by $2.80 to $3, while soy oil futures dipped 8 to 9 points. USDA's delayed export sales report showed soybean shipments at 785,003 metric tonnes (MT) for the week of Oct. 9, below trade estimates and down 53.9% year-on-year, reflecting a slowdown in China purchases. Meal sales hit 358,406 MT, near the top of expectations, while bean oil sales lagged at 1,924 MT. Prices for January, March, and May 2026 soybeans edged higher, signaling cautious optimism amid weak demand signals.
NSE marks 30 years of Nifty 50, India's leading equity index
March 11, 2026, 12:15 AM EDT. The National Stock Exchange of India (NSE) is celebrating the 30th anniversary of the Nifty 50 index, its flagship equity benchmark. Launched in 1996, the Nifty 50 serves as a key indicator of the Indian stock market's health, representing 50 of the largest and most liquid stocks across sectors. Over three decades, it has become a cornerstone for investors and fund managers tracking India's economic growth. The milestone highlights NSE's role in modernizing equity trading and promoting transparency. As the Nifty 50 continues to evolve, it remains a vital tool for market participants assessing India's financial markets.
Nifty50 Opens Above 24,250 as Sensex Nears 78,300 Amid Middle East Tensions
March 11, 2026, 12:14 AM EDT. Indian equity benchmarks started flat on March 11, with Nifty50 above 24,250 and BSE Sensex near 78,300 amid ongoing Middle East tensions and the US-Iran war, creating uncertainty in global markets. At 9:18 AM, Nifty50 was up 0.096%, Sensex rose 0.097%. Foreign institutional investors (FIIs) sold shares worth ₹4,673 crore while domestic institutional investors (DIIs) bought ₹6,333 crore. Analyst Dr. VK Vijayakumar highlighted a pattern of sustained selling by FIIs balanced by buying from DIIs, with resilient sectors including pharmaceuticals, telecom, automobiles, and defence. The drop in Brent crude below $88 could improve market sentiment. Asian markets gained, boosted by gains in AI stocks like Oracle. Investors await US economic data amid inflation concerns and geopolitical risks.
Sensex, Nifty Trade Flat; Reliance Gains Offset Bank Stock Weakness
March 11, 2026, 12:13 AM EDT. Indian benchmark indices opened mostly flat Wednesday as gains in Reliance Industries, up 1.45%, and Sun Pharma supported the market. However, banking stocks including HDFC Bank, ICICI Bank, and Kotak Mahindra Bank declined, weighing on the indices. The BSE Sensex rose 0.09% to 78,279.66 while the Nifty 50 slipped 0.02% to 24,256.90. Analysts note continued divergence between foreign institutional investors (FIIs) and domestic institutional investors (DIIs), with FIIs selling and DIIs buying. Pharmaceuticals and domestic consumption sectors show resilience amid broad market weakness. Brent crude prices easing below $88 a barrel may boost market sentiment. Expert VK Vijayakumar highlights large banking stocks as appealing long-term investments despite current selling pressure.
