Business
Travellers warned of bank holiday disruption
Getty ImagesMillions of people in the UK face travel disruption this bank holiday weekend, contending with busy roads, a rail strike and engineering works.
There is likely to be significant disruption on the rail network on CrossCountry routes from Aberdeen to Cornwall because of a strike by the RMT union over pay, safety and staffing.
The weather is looking to be mostly dry across the three-day weekend, with large crowds expected at festivals being held across the country.
Meanwhile, ferry passengers at the Port of Dover on Friday faced queuing times of almost two hours.
Ferry operator DFDS said at 13:00 on Friday that waits at check-in desks were around 40 minutes and it was taking more than an hour to clear border control.
Earlier on Friday, the Gatwick Express service was disrupted due to a signalling fault.
The RAC has also warned roads will be busy on Friday, with three million getaway journeys planned, and particularly heavy traffic on the M5 between Bristol and Devon.
Crowds are expected at events including London’s Notting Hill Carnival, the Reading and Leeds festivals, the Emerge festival in Belfast, the Edinburgh Fringe closing weekend, the Creamfields festival in Cheshire and the Women’s Rugby World Cup openers.
Monday is a bank holiday in England, Wales and Northern Ireland, making this the last long weekend before Christmas for those regions.
Will there be rail delays?
Network Rail has advised all passengers to check their journeys before travelling this weekend due to strikes and rail works.
There will be no CrossCountry services on Saturday due to strikes, and service alterations and cancellations are to be expected on Sunday.
A second strike on Monday will limit services on all CrossCountry lines between 08:00 and 18:00.
Trains between Birmingham, Reading and the south coast will not run, and nor will services between Leicester, Cambridge and Stansted airport.
There will only be a very limited service to the south-west and north of York.
On the East Coast Main Line, LNER will have no direct trains between London King’s Cross and Peterborough on Sunday due to engineering works. A bus replacement service will also run between Newcastle and Edinburgh.
In the West Midlands, buses will replace trains on some routes from Birmingham New Street due to engineering works.
Avanti West Coast will operate a reduced service from London Euston, and trains will be diverted from Birmingham New Street and Birmingham International.
London Northwestern services will run to and from Birmingham International only.
Network Rail said the “vast majority” of services would run, but some engineering works were “unfortunately unavoidable”.
How will traffic be?
Around 17.6 million holiday trips are expected to be made by car across the UK between Friday and the bank holiday on Monday, the RAC said.
It says the busiest times to drive will be between 10:00 and 19:00 on Friday, 09:00 and 17:00 on Saturday and 11:00 and 18:00 on Monday.
Transport analytics firm Inrix says the M5 between Bristol and Devon will probably bear the brunt of traffic, with the stretch from J15 north of Bristol to J23 for Bridgwater likely to see some of the worst delays.
The M20 in Kent could also suffer afternoon hold-ups on Friday, from J7 near Maidstone to J3 westbound and J1 at Swanley to J5 at Aylesford eastbound.
“We’re expecting major roads to airports and coastal destinations to be extremely busy, especially the south-east and south-west regions which could end up bearing the brunt of most holiday hold-ups,” Nick Mullender, the RAC’s mobile servicing and repairs team leader, said.
“Anyone planning routes through these areas should set off as early as possible or be prepared to spend longer in traffic.”
What will the weather be like?
Saturday will be dry but rather cloudy for many, although with a few sunny spells.
The north of Scotland and the far south-west will see the best of the sunshine.
Northern Ireland and Wales will see a few showers develop, and later Northern Ireland and the Hebrides will see some patchy rain arrive from the west with light winds.
Sunday will be warmer, with sunny spells and patchy cloud cover. Most parts will be dry, but a little rain will cross the north and west of Scotland.
Bank Holiday Monday will be warmer still, even very warm for parts of England and Wales with highs of 27C.
There will be a good deal of sunshine for most, but the south-easterly winds will strengthen in the far west with the chance of some showery rain across Northern Ireland later.
Will shops be open?
Major supermarkets will remain open during the bank holiday weekend, so there’s no need to rush off for a big shop to get you through.
There will be reduced hours, particularly on Sunday, so it’s best to check the opening times of your local as hours will vary shop-to-shop.
Businesses that will close on the Monday bank holiday include (you guessed it) banks, post offices and some other government services.
Benefit payments are due to be paid out on Friday ahead of the bank holiday weekend.
Business
80% Stocks Already In Bear Market; Should You Buy The Dip Or Run For Safety?
Last Updated:
India’s Sensex and Nifty correct 6-7%, with 80% of stocks in bear territory. Monarch AIF reports 64% of stocks over Rs 1,000 crore market cap has fallen 30%.

Hundreds of midcap and smallcap companies have quietly lost significant value.
India’s benchmark indices may not show it, but a large part of the market is already in deep correction. According to a report by Monarch AIF, while the Sensex and Nifty have corrected only about 6-7 per cent from their record highs, nearly 80 per cent of listed stocks are already in bear market territory.
The data highlights a sharp divergence between headline indices and the broader market.
Majority of Stocks Deep In Correction
The report analysed companies with a market capitalisation above Rs 1,000 crore.
It found that over 64 per cent of these stocks have fallen more than 30 per cent from their all-time highs. Nearly 78 per cent have declined over 20 per cent.
In simple terms, most stocks in the market have already seen a brutal correction even though benchmark indices remain relatively elevated.
This unusual divergence has been playing out for the past 18 months.
Why Indices Are Still Holding Up
According to the report, Indian markets are witnessing a rare phase of simultaneous time and value correction.
A narrow set of large-cap stocks has kept the benchmark indices elevated. Meanwhile, hundreds of midcap and smallcap companies have quietly lost significant value.
This has created a misleading picture where the indices appear stable but the broader market has been under sustained pressure.
Now A New Shock: Middle East War
The situation has become more complicated after the recent escalation in West Asia.
Following US-Israel strikes on Iran, global markets have turned volatile and crude oil prices have surged.
Amid these developments, the Sensex recently fell over 1,000 points, while the Nifty slipped below the 24,900 level.
For investors, the challenge is that a market already weakened by months of selling is now facing geopolitical risks and a potential oil shock.
Should Investors Buy Or Wait?
Aakash Shah, Technical Research Analyst at Choice Equity Broking, advised caution. “Amid persistent global uncertainties and elevated volatility, market participants are advised to maintain discipline and adopt a selective approach, focusing on fundamentally strong stocks during corrective phases. Fresh long positions should ideally be considered only after a decisive and sustained breakout above the 25,000 mark on the Nifty, which would signal improving sentiment and confirm the development of a stronger bullish structure,” he said.
Key Risk For India: Rising Oil
V K Vijayakumar, chief investment strategist at Geojit Investments, said the biggest concern for India is rising crude prices.
“With the war escalating and crude rising, markets are going into a period of heightened uncertainty. Nobody knows how long this conflict will go on and what will be the extent of the havoc it could wreck. From the perspective of India, which relies on imports for around 85% of her oil requirements, the real concern is the potential inflation and its consequences on economic growth. From the market perspective, the impact of potentially widening trade deficit, depreciating currency, higher inflation and perhaps lower growth is the real issue. If this fear materialises, corporate earnings will be impacted,” he said.
However, he added that the impact may be temporary if the conflict ends quickly.
“If it ends in, say 3 to 4 weeks, things will be back to normal,” he said.
Don’t Panic, Use Corrections
Despite the volatility, Vijayakumar advised investors not to panic. “Experience tells us that panicking and getting out of the market during uncertain times like these is not the right thing to do. Markets have an uncanny ability to surprise and climb all walls of worries,” he said.
According to him, investors with a long investment horizon and higher risk appetite can gradually accumulate quality stocks during corrections.
He added that sectors such as banking, pharmaceuticals, automobiles and defence may offer attractive long-term opportunities.
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March 04, 2026, 13:39 IST
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Asia stocks fall for third day, oil edges up as markets track Iran war
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Business
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 4
Last Updated:
Petrol, Diesel Price On March 4: Check City-Wise Rates Across India Including In Delhi, Mumbai and Chennai.

Petrol, Diesel Prices On March 4.
Petrol and Diesel Prices on March 4, 2026: OMCs update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.
Petrol Diesel Price Today In India
Check city-wise petrol and diesel prices on March 4:
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Key Factors Behind Petrol and Diesel Rates
Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central and several state governments.
Oil Marketing Companies (OMCs) update fuel prices daily at 6 am, adjusting for fluctuations in global crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.
Key Factors Influencing Fuel Prices in India
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Crude Oil Prices: Global crude oil prices are a primary driver of fuel prices, as crude is the main input in petrol and diesel production.
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Exchange Rate: Since India relies heavily on crude oil imports, the value of the Indian rupee against the US dollar significantly affects fuel costs. A weaker rupee typically translates to higher prices.
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Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.
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Refining Costs: The cost of processing crude oil into usable fuel impacts retail prices. These costs can fluctuate depending on crude quality and refinery efficiency.
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Demand-Supply Dynamics: Market demand also influences fuel pricing. Higher demand can push prices up as supply adjusts to consumption trends.
How to Check Petrol and Diesel Prices via SMS
You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.
Follow News18 on Google. Join the fun, play games on News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
March 04, 2026, 07:33 IST
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