Good morning!The GIFT Nifty is trading 0.43% lower at 24,483, indicating a negative start to the benchmark Nifty 50 index.

The futures contracts for the S&P 500 and the Euro Stoxx 50 are down 0.94% and 3.64%, respectively.Market RecapThe Nifty 50 ended 312 points or 1.24% lower at 24,865 and the BSE Sensex settled 1,048 points down at 80,238.

Intraday, both indices fell over 2%.

Broader markets also fell, with the Nifty Midcap 150 and Nifty Smallcap 250 shedding 1.7% and 1.9%, respectively.US Market WrapA selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil.Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%.

President Donald Trump said the US will escort and insure tankers and other vessels through the world's most-critical energy chokepoint.

Asian Market UpdateAsian equities fell for a third straight session, while oil prices inched higher, as the escalating conflict in Iran stoked fears of broader inflationary pressure and led traders to scale back expectations of Federal Reserve rate cuts.

The MSCI Asia Pacific Index dropped 1.6%, with markets in Japan, South Korea and Australia opening firmly in the red amid mounting geopolitical uncertainty.Commodity CheckGold rebounded after suffering a drop of more than 4% in the previous session, as traders balanced a firmer US dollar against renewed demand for safe‑haven assets amid escalating conflict in the Middle East.

Spot bullion moved back above $5,100 an ounce, with bargain hunters stepping in following the end of a four‑day winning streak on Tuesday.

The dollar index has climbed 1.4% so far this week, and bond yields have also pushed higher.Oil continued its upward trajectory as fresh attacks intensified across the region and markets assessed a US plan to escort and insure tankers transiting the Strait of Hormuz — a route where traffic has nearly ground to a halt.

West Texas Intermediate rose past $75 a barrel, extending an 11% rally over two days, marking its strongest two‑day gain in four years.

Brent crude hovered near $81 as geopolitical risks remained firmly in focus.Stocks In NewsLIC: The company extends the tenure of its Chief Financial Officer, Sunil Agarwal, by one year.Servotech Renewable: NREDCAP terminates the company's Rs 73.7 crore order for renewable energy development in Andhra Pradesh.MAS Financial Services: The company receives RBI approval to commence factoring business operations.Euro Pratik Sales: The Mumbai GST Department conducted a search at the company's offices; no material financial impact is expected.Adani Ports: In its February business update, total handled cargo volume rose 16% YoY to 42.5 MMT, while logistics rail volume grew 3% to 52,101 TEUs.Allied Blenders: The company signs a pact to acquire up to a 50% stake in KION.Cupid: The company fixes March 9 as the record date for the allotment of bonus equity shares.SBI: Deputy MD....