Shares of Nasdaq fell 3% in extended trading on Tuesday following the announcement of a secondary share offering that will allow Borse Dubai to slash its minority stake in the U.S. stock exchange. Borse Dubai had been the largest single shareholder in Nasdaq. It said it will reduce its ownership stake to 10.8% from 15.5%. Borse Dubai will offload about 26.96 million shares.

Asian shares were hesitant on Wednesday on concerns the Federal Reserve could signal a slower path of rate cuts this year, while the yen plumbed a fresh four-month low on expectations that policy in Japan will remain accommodative for a while longer. Tokyo's Nikkei is closed for a holiday in Japan, but the yen's weakness lifted Nikkei futures by 0.6%.

Benchmark indices tanked on Tuesday following a sell-off in index majors and weak Asian. The 30-share Sensex fell 736 points to settle at more than a month's low of 72,012 and the broader Nifty slumped 238 points to close at 21,817. Stocks that were in focus included names like Patanjali Foods, which fell 4.24%, Tata Investment, which declined 5%, and JBM Auto, whose shares rose 1.5% on Tuesday.

CITI Research has initiated coverage on RR Kabel Ltd with a 'Buy' rating and a target price of Rs 1,728. This target price suggests a 21 percent upside from the stock's closing price of Rs 1,433.30 on March 19. Over the past six months, RR Kabel's share price has surged by nearly 20 percent. CITI said that the wire and cable manufacturer has scaled up its business and that will drive the company.

The NSE revoked the inclusion of IREDA in several key indices due to the firm’s non-compliance with SEBI portfolio concentration norms. “As IREDA breached one of the requirements of SEBI Portfolio Concentration Norms for Equity Exchange Traded Funds (ETFs) and Index Funds related to impact cost, the committee has decided to revoke its earlier decision to include IREDA announced on February 28.

The Haryana Real Estate Regulatory Authority has canceled the registration of all five affordable housing projects launched by Mahira Infratech Pvt Ltd due to alleged violations by the builder, according to an order. The RERA, Gurugram, revoked registrations of all five real estate projects of Mahira Infratech Pvt Ltd on Monday, an official said.

MahaRERA has proposed three separate bank accounts for real estate projects. These include a collection account for all funds received from customers, a separate account for 70% of the project, land, and construction expenses, and a transaction account for the balance 30% of the developer’s funds. Separate accounts have been proposed to ensure financial discounts.

Today, shares of Brahmaputra Infrastructure Ltd were locked in a 2 percent lower circuit to Rs 70.27 per share from its previous closing of Rs 71.70. The stock’s 52-week high is Rs 86.16 and its 52-week low is Rs 27. The National Highway Authority of India awarded a domestic contract to Brahmaputra Infrastructure Ltd that is valued at Rs 50.80 crore for the construction of a four-lane divided.

On Tuesday, Fair Trade regulator CCI approved UltraTech Cement's proposed acquisition of Kesoram Cement Business from Kesoram Industries. Kesoram Industries is engaged in the manufacture of grey cement through the Kesoram Cement Business. The proposed combination relates to acquiring the grey cement business of Kesoram Industries Limited.

📌Adani Tradecom has acquired a 49% stake in Adani Green Technology from Adani Trading Services LLP. 📌Central Bank, a leading Midwest regional bank in the US, will use TCS's BaNCS, the universal financial solution. 📌The lender has sold 14,01,72,180 equity shares of HDFC Credila to Kopvoorn BV. 📌ATC Telecom Infrastructure has requested Vodafone for the conversion of 14,400 optionally convertible

Bitcoin records a sharp selloff, Fidelity International plans to layoff staff from its China unit, Bank of Japan delivers first rate hike in 17 years, Airbus calls off deal with France's Atos — all this and more on World Street. Down on the knees Bitcoin slumped as much as 6.5 percent to record its biggest one-day drop in two weeks on March 19 amid a selloff across cryptocurrencies.

Before Market Opens: Indian markets are likely to open on a higher note on Wednesday despite caution in Asian markets even after Wall Street ended higher in overnight deals. Meanwhile, Gift Nifty was trading 22 points higher, indicating a positive start for benchmark Nifty. Let's take a look at some key cues before the market opens today:US stock market indices ended higher on Tuesday.

SRM Contractors, the construction and development company, will launch its Rs 130.20 crore initial public offering (IPO) on March 26. The offer is purely a fresh issue of 62 lakh equity shares with no offer-for-sale component. The price band has been fixed at Rs 200-210 a share. The issue will close on March 28, while the anchor book will be open for a day on March 22.

Yes Bank share price will be in focus on Wednesday after the lender announced the conclusion of the transfer of exposure of the Bank in Katerra India Private Limited to Prudent ARC Limited.Yes Bank has received cash consideration of ₹203.40 crore in relation to the same, it said in a regulatory filing.

From the basket of F&O stocks, we find fresh aggressive new long positions were made in Bajaj Auto and Eicher Motors. We find some shares generating a "new buy" signal on the daily time frame, according to the RMI scanner. The Rohit Momentum Indicator (RMI) generates buy and sell signals. It is a non-range bound indicator. Heavy buying was seen in these stocks in a weak market.