Indian Equities Under Pressure as Key Stocks See Developments Amid Rising Oil Prices

Indian equities faced pressure on March 5, 2026, amid rising crude oil prices and geopolitical tensions in the Middle East, impacting investor sentiment and market momentum. Key stocks in focus included MRF, which signed a Rs 5,300 crore investment MoU with Tamil Nadu for a new tyre plant, IndiGo, which canceled over 500 flights due to airspace restrictions, and Gujarat Gas, issuing force majeure notices over R-LNG shortages. Other notable developments involved Shriram Finance securing co-financing, Glenmark Pharma receiving FDA approval, and Ramky Infrastructure winning a major contract.