Mahindra & Mahindra's subsidiary Charge_iN has entered a partnership with Hindustan Petroleum Corporation Limited (HPCL) to expand electric vehicle (EV) charging infrastructure across India. The collaboration aims to establish EV charging stations at HPCL's fuel outlets nationwide, enhancing the experience for EV users and accelerating the adoption of electric vehicles in the country. HPCL, one of India's largest state-owned oil and gas corporations, operates over 24,400 retail outlets and already manages more than 5,400 EV charging stations under its HP e-Charge brand. This existing infrastructure provides a strong foundation for the partnership, enabling rapid scaling of the charging network. A joint statement highlighted that HPCL's extensive retail footprint will facilitate accelerated deployment of EV charging infrastructure and seamless nationwide expansion. Under the agreement, Charge_iN will install fast chargers at selected HPCL locations. These stations will exclusively feature 180 kW dual gun chargers, designed to deliver faster, more convenient, and reliable charging for electric four-wheelers. The initiative aligns with India's push toward cleaner mobility, as a robust charging network is seen as critical to boosting EV adoption. The partnership comes as other major players in India's EV market are also expanding their charging networks. Tata Motors, for instance, has partnered with Shell India Mobility to introduce 21 new Tata.ev x Shell Mega Charging Hubs in cities like Bengaluru, Chennai, and Pune. This brings the Tata EV Mega Charging Hub network to over 130 operational sites nationwide. These hubs are equipped with 120 kW fast chargers, offering quick and reliable charging with minimal wait times, along with manned support for users.#tata_motors #mahindra_mahindra #hp_e_charge #charge_in #hindustan_petroleum_corporation_limited
9 Stocks To Buy For Long Term: Brokerages bullish with up to 52% upside; M&M, L&T, IndiGo on list Brokerages have identified Larsen & Toubro (L&T), HDB Financial, Max Healthcare, Mahindra & Mahindra (M&M), LG Electronics, Bharat Electronics (BEL), JSW Infrastructure, Finolex Cables and IndiGo as top long-term stock picks across infrastructure, financial services, healthcare, automobiles, consumer durables, defence, logistics, and aviation. All nine stocks have been assigned Buy ratings by the brokerages, citing strong earnings visibility, demand recovery, and improving business momentum. Based on current market prices and target prices provided by the brokerages, the potential upside for these stocks ranges up to 52%, making them attractive options for long-term investors seeking steady growth. Goldman Sachs has maintained a Buy rating on Larsen & Toubro, with the stock trading at Rs 3,438.10 and a target price of Rs 4,420, implying an upside of approximately 28.6%. The brokerage noted that while near-term uncertainties may impact revenues, the medium-term growth outlook remains intact. Jefferies has assigned a Buy rating to HDB Financial, with the stock trading at Rs 634.90 and a target price of Rs 900, indicating an upside of about 41.8%. The brokerage expects gradual growth improvement, supported by better collections and easing credit costs. Jefferies remains positive on Max Healthcare, with the stock trading at Rs 964.80 and a target price of Rs 1,320, translating into an upside of around 36.8%. Expansion plans and strong demand outlook continue to support the investment case. Nomura has maintained a Buy rating on Mahindra & Mahindra, with the stock trading at Rs 3,066.10 and a target price of Rs 4,662, implying an upside of about 52.1%.#indigo #mahindra_mahindra #jefferies #larsen_toubro #max_healthcare
Top gainers and losers, March 17: Eternal rallies 6%, Tata Steel up 4%, Wipro down 2% The SENSEX and NIFTY50 indices closed higher for the second consecutive day on Tuesday, March 17, driven by buying activity in metal and capital market stocks. The SENSEX surged by 567.99 points or 0.75% to end at 76,070.84, while the NIFTY50 rose by 172.35 points or 0.74% to 23,581.15. The benchmark indices hit intraday peaks during the session, with the SENSEX reaching 76,304.26 and the NIFTY50 touching 23,656.80. Foreign institutional investors (FIIs) sold stocks worth ₹9,365.52 crore on Monday, while domestic institutional investors (DIIs) purchased equities totaling ₹12,593.36 crore. The NIFTY50 was supported by gains in Eternal, which closed 5.59% higher. Other top gainers included Tata Steel (4.42%), Mahindra & Mahindra (2.85%), HDFC Life Insurance Company (2.70%), and Bharat Electronics (2.67%). Bharat Electronics’ stock rose after the company announced additional orders worth ₹1,011 crore. Conversely, the top losers in the NIFTY50 were Wipro (-2.06%), Cipla (-1.51%), Tata Consumer Products (-1.39%), Infosys (-1.26%), and ITC (-1.23%). Wipro and Infosys shares fell amid a broad-based decline in the NIFTY IT index, which dropped 2.6% to a two-year low of 28,288.05. The NSE Midcap gauge rose 1.02% to 55,174.40, bolstered by gains in National Aluminium Company (6.41%), Steel Authority of India (5.74%), Coromandel International (3.92%), BSE Ltd (3.89%), and KPIT Technologies (3.58%). NTPC Green Energy was the top loser in the Midcap index, declining 2.55%, followed by Vishal Mega Mart (-2.36%), Persistent Systems (-2.35%), Hindustan Petroleum Corporation (-2.20%), and Tata Elxsi (-2.19%). The NIFTY Smallcap index advanced 0.65% to 15,912.90. Top gainers included Data Patterns (6.#eternal #mahindra_mahindra #tata_steel #hdfc_life_insurance_company #bharat_electronics
--- Stock Market Decline Sensex & Nifty: The Sensex and Nifty are in a downtrend, with the Sensex falling 0.49% (373.37 points) to 76,490.34, and the Nifty dropping 0.50% (119.70 points) to 23,747. Sectoral Impact: Automotive Sector: Mahindra & Mahindra led the decline with >3% drops, followed by Tata Motors, Bajaj Auto, and Maruti Suzuki (2–3% declines). Banking Sector: Nifty Bank Index fell ~2%, with IndusInd Bank, ICICI Bank, and Union Bank of India among the top losers. Oil-Sensitive Stocks: Crude oil prices (Brent at $101/barrel) caused a 5% drop in OMCs (Oil Marketing Companies), petrochemicals, and chemicals. --- Currency Weakness Indian Rupee: The rupee hit a new record low of ₹92.36 against the dollar, up from ₹92.03 on the previous day. The opening session saw the rupee weaken by 24 paise to ₹92.27, reflecting ongoing pressure from global inflation and geopolitical risks. --- Geopolitical Impact on Oil Prices Crude Oil Prices: Brent crude surged past $101/barrel due to Iranian attacks on energy infrastructure and shipping, raising fears of supply disruptions. Government Response: Emergency oil reserves were released, but markets remain concerned about prolonged supply issues. --- Sectoral and Company-Specific Trends 52-Week Lows: Companies like Trent, Jubilant FoodWorks, Colgate-Palmolive, and Swiggy hit 52-week lows, signaling sectoral weakness. Oil-Related Stocks: Oil marketing companies (OMCs) and petrochemical firms faced steep declines due to rising crude prices. --- Market Sentiment and Outlook Investor Sentiment: The market is under pressure from geopolitical tensions, rising oil prices, and currency weakness. Short-Term Risks: Continued volatility in oil prices and currency movements could further impact equity markets.#nifty #tata_motors #sensex #mahindra_mahindra #indusind_bank
Stock Market Plummets as Geopolitical Tensions and Oil Prices Drive Investor Fears The Indian stock market experienced a sharp decline on March 11, 2026, with the Nifty50 index falling below the 24,000 mark and the BSE Sensex dropping over 1,000 points. At 12:14 PM, the Nifty50 was trading at 24,012.00, down 250 points or 1.03%, while the BSE Sensex fell to 77,299.07, a decline of 907 points or 1.16%. The downturn was attributed to ongoing geopolitical tensions in the Middle East, which have unsettled investor sentiment. Among the Sensex constituents, shares of Axis Bank, Mahindra & Mahindra, Bajaj Finance, Bharti Airtel, HDFC Bank, and Bajaj Finserv were the biggest losers, declining between 2% and 4% each. Conversely, Adani Ports, NTPC, Sun Pharma, and Tech Mahindra saw gains. The Nifty Auto index emerged as the worst performer, dropping nearly 2%, while the Nifty Private Bank index fell over 1.8%. The Nifty Pharma index, however, managed to trade higher, rising more than 1%. The market's decline was closely tied to escalating tensions between the United States, Israel, and Iran. Despite earlier hopes that the conflict might ease, the situation remains volatile. U.S. and Israeli forces launched what analysts described as the heaviest strikes of the war on Iran, even after President Donald Trump had suggested the conflict could be "over soon." The ongoing violence has raised concerns about the potential for broader regional instability, prompting investors to sell off equities. The impact of the conflict extended beyond the stock market, affecting global oil prices and fuel costs. Crude oil prices fell to $88 per barrel following a proposal by the International Energy Agency (IEA) to release 182 million barrels from its reserves.#nifty50 #bsesensex #axis_bank #mahindra_mahindra #bajaj_finserv
