By BullScreen Editorial Team 
The Indian stock market may begin Monday, March 9, on a weak note as global cues remain negative. Early indicators from GIFT Nifty suggest the Nifty 50 index could open nearly 770 points lower, reflecting rising global uncertainty.
The surge in crude oil prices above $100 per barrel and geopolitical tensions in the Middle East are likely to keep several sectors and stocks in the spotlight. Here are the key companies investors should watch today.
Shares of energy and oil-related companies could see strong movement after global crude oil prices jumped above $100 per barrel for the first time in more than three and a half years. The spike comes amid escalating tensions related to the US–Iran conflict, raising concerns over supply disruptions and higher inflation worldwide.
Upstream oil producers such as Oil and Natural Gas Corporation and Oil India are expected to remain in focus as higher crude prices generally support their earnings outlook.
Oil marketing companies (OMCs) like Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation could also see volatility since rising crude prices often increase input costs and impact margins.
Companies from other sectors that depend heavily on crude-based raw materials are also likely to be tracked closely. This includes paint makers such as Asian Paints and tyre companies like MRF and JK Tyre & Industries.
Pharmaceutical major Cipla may remain in the spotlight after its US-based subsidiary announced a recall of certain anti-cancer medication.
According to the U.S. Food and Drug Administration, Cipla USA Inc. is recalling over 400 cartons of Nilotinib capsules in two strengths 150 mg and 200 mg due to manufacturing issues.
The affected batches include 271 cartons and 164 cartons that reportedly failed to meet capsule specification standards. The recall, initiated on February 18, has been classified as a Class III recall, meaning the product is not expected to cause serious health risks but does violate regulatory standards.
Another pharmaceutical company, Lupin, will also remain on investors’ radar after the US regulator completed an inspection of its manufacturing facility in Ankleshwar, Gujarat.
The inspection was conducted between March 2 and March 7, 2026, and concluded with the issuance of a Form 483 containing two observations.
The company said it will respond to the regulator within the stipulated time and remains committed to maintaining compliance with Current Good Manufacturing Practices (CGMP) standards.
Air-conditioner manufacturers could attract investor attention as companies raise prices ahead of the peak summer season.
Major brands including Voltas, Blue Star Limited, and LG Electronics are increasing prices by 5% to 15% to offset rising input costs.
Industry executives say the hikes are driven by higher prices of key raw materials such as copper, a weaker Indian rupee, higher freight charges, and new energy-efficiency norms.
Despite the price increase, companies expect strong demand this year due to forecasts of an extremely hot summer and the launch of new energy-efficient star-rated models.
Shares of RailTel Corporation of India may see activity after the company secured a new contract from South East Central Railway.
RailTel received a Letter of Acceptance (LoA) worth ₹26.72 crore for executing an Optical Fibre Cable (OFC) project. The order further strengthens the company’s presence in railway communication infrastructure.
Real estate developer Max Estates announced that it has received RERA approval for its new project Max One, located near Max Towers in Sector 16B, Noida.
The project is expected to become a mixed-use development combining residential spaces, offices, and entertainment zones in a walkable green campus. The company said construction is expected to begin soon, marking a fresh start for customers after issues with the previous developer.
Engineering firm Jyoti Ltd has secured a purchase order worth about ₹5.38 crore from PVR Projects Ltd.
The order involves the supply of 10 large-capacity vertical turbine pumps for the Jawahar Lift Irrigation Scheme located in Khammam, Telangana. Such infrastructure orders could strengthen the company’s order book and revenue pipeline.
Energy major Tata Power announced a strategic collaboration with Salesforce to accelerate digital transformation across its clean energy businesses.
The partnership will support the company’s rapidly expanding rooftop solar, EV charging, and smart home solutions segments.
According to the company, the new platform will integrate AI, automation, and data analytics to create a scalable clean-energy ecosystem aligned with India’s net-zero goals.
Gold-related stocks and commodity-linked companies may remain volatile this week as investors track geopolitical developments and key global economic data.
Market experts expect gold prices to remain sensitive to developments in the Middle East. Any escalation in tensions could push prices higher, while signs of de-escalation may trigger sharp corrections.
Silver is also currently moving in a consolidation phase but remains highly volatile due to fluctuations in industrial metals like copper and zinc.
Overall, market sentiment at the start of the week appears cautious due to global uncertainty, rising oil prices, and geopolitical tensions.
Investors are expected to closely monitor movements in energy stocks, pharmaceuticals, infrastructure companies, and consumer sectors as markets react to global developments.
With the Nifty likely to open sharply lower, stock-specific developments could play a major role in determining trading activity throughout the day.