The Nifty Realty index closed 1.65 per cent down at 815.05.

IndusInd Bank uncovered financial discrepancies in its currency derivatives, leading to a ₹1,600 crore hit. The RBI granted CEO Sumant Kathpalia only a one-year extension, raising concerns over governance, succession planning, and regulatory scrutiny amid efforts to restore investor confidence.

Veteran investor Shankar Sharma advised his sister and brother-in-law to avoid stock markets, guiding them instead toward fixed deposits, gold, and land investments, which helped them build wealth stress-free. He noted that very few truly succeed in equities.

Indian benchmark indices closed in the red on Wednesday, paring early gains, as a decline in information technology stocks—spurred by concerns over U.S. economic growth—weighed on the broader market.

Indian equity markets will remain closed on Friday, March 14, for Holi, providing investors an extended weekend before trading resumes on March 17. The shutdown will impact all trading segments, including equities, derivatives, SLB, EGR, and currency markets. The holiday comes amid Nifty 50’s 15% decline from its September peak, marking its longest losing streak.

Along with the dividend declaration, the board also approved fundraising plans for the financial year 2025-26. PFC plans to raise capital through a combination of bonds, term loans, and commercial papers in both domestic and international markets.

Robert Kiyosaki warns of an impending market crash, predicting it could surpass the 1929 Great Depression. As U.S. indices decline, he advises investors to stay calm, wait for opportunities, and buy assets at deep discounts after the dust settles.

Indus Towers shares dropped 8% amid investor concerns over telecom giants Bharti Airtel and Jio partnering with SpaceX’s Starlink for satellite internet services, potentially disrupting the tower infrastructure business and intensifying competition in India s emerging satellite communications market.