IPO pipeline strengthens; 38 cos file draft papers in March

The Indian IPO market is witnessing a remarkable surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, signalling robust issuer confidence and strategic regulatory compliance despite prevailing market volatility. Illustration: Dominic Xavier/Rediff.com Key Points A

Sensex tanked 2,497 points, its biggest single-day plunge since June 2024

Stock markets plummet over 3% due to soaring crude oil prices and weak global cues. Sensex and Nifty see biggest drop since June 2024. Photograph: Francis Mascarenhas/Reuters Key Points Sensex and Nifty both plummeted over 3% due to surging crude

Gold and Silver Prices Soar as West Asia Conflict Intensifies

Escalating Middle East tensions are driving investors to safe-haven assets, causing gold and silver prices to skyrocket in India and globally. Photograph: Arnd Wiegmann/Reuters Key Points Silver prices in India surged to Rs 3 lakh per kg, and gold neared