Top 10@10—CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights—delivered at 10 pm.

Top Stories: Iran cautions Gulf oil hubs, domestic equities steady, Reliance Jio IPO update and more

Top 10@10—CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights—delivered at 10 pm.

The US–Israel–Iran conflict has entered day 19, with fresh military strikes intensifying the regional crisis. Israel has claimed the killing of a top Iranian intelligence chief, while Iran has warned civilians to stay away from key oil and gas facilities in Saudi Arabia, the UAE, and Qatar, citing the risk of imminent attacks.

The warning comes as the US carried out strikes on Iranian missile sites near the Strait of Hormuz using 5,000-pound bunker buster bombs. Meanwhile, US equities slipped after a higher-than-expected producer price index reading, with investors awaiting the Federal Reserve’s policy decision for further direction.

Back home, Indian equities extended gains for a third consecutive session, though momentum remained measured, while the rupee weakened to a record low against the dollar, reflecting global uncertainty and pressure on emerging market currencies. In corporate developments, Reliance Jio Platforms has reportedly appointed 17 banks for its IPO, expected to be structured as an offer-for-sale, with a draft prospectus likely by the end of March.

Iran warns of possible strikes on oil sites in Saudi, UAE, Qatar; urges people to leave areas

Iran has issued an urgent public warning asking people to stay away from key oil and gas facilities in Saudi Arabia, the United Arab Emirates and Qatar, signalling the risk of imminent strikes amid the escalating regional conflict.

Also Read: Israel claims killing of Iran intelligence chief as strikes on top leaders intensify

Reliance Jio appoints 17 banks for IPO, DRHP filing likely by March-end: Reports

Reliance Jio Platforms has appointed as many as 17 banks to manage its much-awaited IPO, which is expected to be structured entirely as an offer-for-sale (OFS), according to a Reuters report citing sources familiar with the matter. This means no fresh capital will be raised, with existing investors instead paring stakes through the public issue.

US drops 5,000-pound 'bunker buster' bombs on Iran missile sites near Strait of Hormuz: What is it

The US hit Iranian missile sites near the Strait of Hormuz, the critical waterway, with some of the most powerful bombs in the American arsenal.

Nifty extends recovery for third day led by M&M, RIL; Rupee falls to new low

Indian equity benchmarks ended higher for the third consecutive session on Wednesday, although they pared gains from intraday highs amid a mixed undertone.

Also Read: Rupee hits all-time low against dollar: Key drivers explained

Dow, S&P 500, Nasdaq slip as PPI inflation heats up ahead of Fed policy decision

Stocks edged lower on Wednesday after a higher-than-expected producer price index reading, even as investors awaited the Federal Reserve’s rate decision later in the day.

Airlines to allocate at least 60% seats for free, says Aviation Ministry

The Ministry of Civil Aviation has proposed a series of passenger-centric measures aimed at enhancing convenience, transparency, and accessibility in air travel. As part of the proposed framework, airlines may be required to allocate a minimum of 60% of seats on domestic flight free of charge, ensuring fair access and reducing the burden of additional seat selection fees on passengers.

Also Read: Airlines likely to meet 60% free seat rule by offering middle and back seats for free

India weighs widening content takedown powers beyond IT ministry, sources say

The government is considering extending powers to order online content takedowns beyond the IT ministry to other ministries, sources told CNBC-TV18.

Urban Company shares surge 18% after SBI MF increases stake with ₹600 crore purchase

Shares of recently listed Urban Company Ltd. surged as much as 14% on Wednesday, March 18, after SBI Mutual Fund increased its stake in the company by buying shares in the block deal that took place on Tuesday.

Delhi Palam fire: 3 children among 9 dead; rescue ops underway, CM orders magisterial probe

At least nine people are feared dead after a major fire broke out in a residential building in southwest Delhi’s Palam area on the morning of Wednesday, March 18.

Also Read: Delhi LG chairs DDMA meet, orders citywide fire audit; reviews flood plan and fuel supply

Trump rants against NATO allies over lack of support in Iran war, says the US does not need anyone’s help

US President Donald Trump said the United States has been informed by most NATO allies that they do not want to get involved in its military operation against Iran, despite agreeing that Tehran should not be allowed to have a nuclear weapon.

We will see you on Thursday with another engaging Top 10@10!