CA Rudramurthy BV, MD, Vachana Investments highlighted the continued pressure from foreign institutional investors (FIIs). “See, if you look at Nifty and Bank Nifty which were just relatively better compared to mid and smallcap or the broader market, you saw a clear correction in both of them as FII selling aggravated. In fact, FIIs, if you see the numbers, they have sold over ₹45,000 crore just in a period of last one month.” He added that macro factors, including the rupee touching all-time lows against the dollar and Brent crude crossing $100 per barrel, have intensified market stress. “Because of the reasons of Strait of Hormuz being closed, it has been very, very jittery in terms of the Brent crude price and that will definitely affect a country like India, even though the fight is between Iran, Israel, and the US,” he said.

Rudramurthy described the market as a “sell on rise” environment, cautioning investors against buying indiscriminately. “All supports are getting broken, and now the next support to the market comes closer to 23,200 for a very short term. Once you break that, a move towards 22,000 eventually can happen on Nifty. Those investors who feel this is a great opportunity to buy for long-term, do not go all out once and then buy everything at this level. Just in a piecemeal manner, on every fall, it is good to invest.”

He emphasized the importance of selective investing in the current environment. “You have to be very sector-specific and stock-specific in this market. On the buy side, where you have relative strength, it will be pharma. You also see certain public sector undertakings where you have valuation comfort, and finally, metals which have now started correcting. If you get some more dip, that offers a good buying opportunity for someone looking for one- to two-year horizons.” Rudramurthy advised caution in sectors showing sustained weakness. “This fall in the market will continue with banks leading the fall, IT continues the fall for a long time, and even autos and real estate are very, very weak. I would definitely avoid IT, autos, private banks, and real estate for the short term.”

On stock-specific recommendations, Rudramurthy shared a mix of buy and sell calls. He said, “PG Electroplast has broken all crucial supports, and there is a lot of open interest built up today. The stock is moving down. Initial targets for PG Electroplast are around 475. Keep a stop loss of 525, and every rise is a selling opportunity in this very weak counter.” For buying opportunities, he pointed to pharma. “From pharma, I want to definitely look at a buying opportunity, and that is Aurobindo Pharma. This stock has consolidated and given a clear breakout above levels of 1,200–1,250. Any dip you get because of overall market weakness will be a buying opportunity. No doubt, even Dr Reddy’s looks strong, and pharma as a pack is relatively far better compared to the overall market. I am picking Aurobindo Pharma for a target of 1,400, and one can have a stop loss of 1,270 for this long call.”

Live Events

As market participants navigate heightened uncertainty, experts stress patience, selective sector exposure, and staggered investing as key strategies to manage risk in the near term.

GameStop Corp. (GME) shares traded modestly higher in early March 2026 trading, closing at $24.46 on March 11 after a 0.37% gain, as the video game retailer continues to outperform many peers in the meme-stock category amid ongoing speculation about a major acquisition and CEO Ryan Cohen’s transformation efforts.

The stock opened March 12 around $24.40 and climbed to $24.51 by mid-morning, up about 0.20% from the previous close, according to real-time data from Yahoo Finance and other platforms. Volume remained moderate at around 833,000 shares in the opening hours, below the average daily figure of roughly 5 million.

GameStop has gained more than 20% year-to-date in 2026, rising from about $20.08 at the end of 2025 to current levels near $24.50. This performance stands in contrast to other meme stocks like AMC Entertainment and SoundHound AI, which have declined sharply over the same period. Analysts attribute GME’s relative strength to renewed short-squeeze interest, a robust cash position and persistent buzz around Cohen’s plans to deploy the company’s roughly $8.8 billion in cash reserves for a significant acquisition.

In late January 2026, reports surfaced that Cohen was eyeing a “very big” deal involving a publicly traded consumer company, sparking a rally that pushed shares above $24 in early February. Michael Burry, the investor famous from “The Big Short,” disclosed a long position in GameStop around the same time, further fueling optimism despite his comments downplaying the odds of another massive short squeeze like the one in 2021.

The company has maintained a strong balance sheet, bolstered by previous equity raises and cost-cutting measures, including hundreds of store closures as it shifts away from traditional brick-and-mortar retail toward collectibles, partnerships and potential new ventures. GameStop’s Q3 2025 revenue came in at $821 million, down 4.57% year-over-year, reflecting ongoing challenges in physical game sales amid the rise of digital downloads.

Options activity has shown mixed sentiment in recent sessions. On March 11, call volume was relatively light but directionally varied, with some moderately bullish trades noted earlier in the week. TipRanks reported mixed options sentiment on March 9 with shares up 0.9%, while other days saw moderately bullish or neutral flows.

Analyst coverage remains cautious. The consensus rating leans toward “Reduce,” with a median price target around $13.50 from a handful of firms, well below current levels. No major Wall Street upgrades have materialized recently, and some forecasts highlight risks from declining core business fundamentals. However, institutional interest persists — Van ECK Associates increased its stake by 58.3% in the third quarter of 2025 to over 3 million shares.

GameStop’s next earnings report is expected around March 24 or 31, 2026, depending on scheduling, with investors watching for updates on cash deployment, store rationalization and any progress on strategic initiatives. The board previously approved a performance-based stock option award for Cohen in January 2026, contingent on shareholder approval at a special meeting likely in March or April, tying his compensation to ambitious long-term goals.

The stock’s 52-week range spans $19.93 to $35.81, with the high reached in May 2025 during earlier volatility. Recent trading has stayed in a tighter band around $23-$25, reflecting a stabilization after the January-February surge.

Broader market context includes steady U.S. equity gains in early 2026, though meme stocks remain highly volatile and sentiment-driven. GameStop’s ability to decouple somewhat from the pack underscores evolving narratives: from pure speculation to a cash-rich entity potentially pivoting under Cohen’s leadership.

Short interest data has not shown extreme levels recently, tempering squeeze fears, but retail enthusiasm on platforms like StockTwits and Reddit keeps the name in focus. Traders note that any confirmed acquisition news could trigger sharp moves, while continued silence might lead to drift.

As GameStop navigates its post-meme era, the stock’s performance in March 2026 illustrates resilience amid uncertainty. With earnings approaching and acquisition rumors lingering, volatility is likely to persist for shareholders.

The Newcastle firm has its main manufacturing base in Yorkshire, as well as significant operations overseas

Radiator company Stelrad saw its operating profit almost halve as revenues fell and it incurred costs in some of its overseas operations.

The Newcastle company, which has its main manufacturing base in South Yorkshire, has released interim full-year results for 2025. They show that revenue fell slightly to £279.6m but operating profit went down by 44% to £17.5m.

But Stelrad said that it was well-placed for growth and that its adjusted operating profit increased slightly to £32.5m. The company recognised exceptional costs of £14.9m relating to restructuring in its Turkish and Danish facilities and an impairment charge on the assets of Radiators SpA in Italy.

The company said it was driving growth in its higher-margin products and continuing to make efficiencies. But continued economic uncertainty in core territories of UK and Ireland and mainline Europe resulted in a 3.8% decline in overall revenues, it said.

Stelrad said it had successfully renewed its £100m loan facility with existing banking partners last December to reduce future borrowing costs. It increased its recommended dividend to 5.05p, saying that was “reflecting the board’s ongoing confidence in Stelrad’s future prospects, the strength of the group’s balance sheet and cash conversion.”

Chief executive officer Trevor Harvey said: “2025 demonstrated once again our ability to deliver adjusted operating profit growth through the market cycle while continuously improving our operations and positioning as we optimise our business for further progress. There remains a level of uncertainty around the timing of a wider market recovery, however, we remain confident in the opportunities that a market recovery offers for a stronger, simplified and more operationally efficient Stelrad.

“Our leadership positioning across the range of markets where we operate provides us with a platform from which to build and positions the group well to continue to drive the adoption of higher-margin, value-added products, including increasing the penetration of premium panel and higher heat output ranges in key markets.

“The board remains confident in delivering further progress during 2026. Our operational excellence initiatives, underpinned by our competitive advantages and market positioning, mean that Stelrad remains well-placed to outperform its peers in the near term and benefit from any medium-term market recovery.”

In its statement to the Stock Exchange, Stelrad said that it had market leadership in six of the 10 countries in which it operated and was seeing significant growth in products that reflected the transition to net zero. It said current trading was in line with expectations but that it expected market conditions to remain “subdued” this year.

Stelrad, which dates back to the 1930s, has its headquarters in Newcastle with manufacturing and other facilities in Mexborough, South Yorkshire, and in Turkey, Italy, the Netherlands, Denmark and Poland. It listed on the London Stock Exchange in 2021.