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US Federal Reserve holds rates steady amid sticky inflation, resilient jobs market
The Federal Reserve held interest rates steady, citing a tight labor market and inflation above its target. This decision occurs amidst political pressure from US President Donald Trump and concerns over the Fed's independence.
CSB Bank Q3 profit stays flat at Rs 153 crore amid higher slippages
CSB Bank reported flat Q3 profit as higher provisions and sharp slippages offset strong loan and deposit growth. Shares fell sharply amid earnings disappointment and whistleblower allegations, even as management expressed confidence over asset quality and margin stability.
Cochin Shipyard Q3 Results: Cons PAT falls 18% YoY, revenue up 18%. Rs 3.50/share dividend announced
Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global expansion through a JV and acquisition highlight strategic initiatives.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets rose on optimism from the India-EU free trade agreement and supportive global cues. Sensex and Nifty extended gains, led by metals, financials, and energy sectors, while broader market participation reflected strong investor confidence.
Winter storm to cause billions of dollars in insured losses, UBS estimates
A major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at brokerage UBS said in a note.
Lodha Developers Q3 net profit at Rs 960 crore, revenue at Rs 4,670 crore
Lodha Developers reported robust Q3 results with net profit rising slightly and revenue up 14% year-on-year. Record pre-sales, expansion into new projects, and strategic balance sheet management strengthened growth and market presence.
Satin Creditcare Q3 profit jumps fivefold to Rs 72 crore on lower provisions, growth
Satin Creditcare Network posted a fivefold rise in Q3 net profit, driven by lower provisions, strong business growth, and disciplined lending, marking 18 consecutive profitable quarters despite sectoral challenges.
Indias urea imports top 8 million tonnes as domestic sales rise 4% in April-December 25
Shipments into the country up 85% as domestic output slips 3%, says Fertiliser Association of India
Fed crisis tool could be weaponised, Harvard economist says
A key tool used by the U.S. central bank to stabilise global financial markets in times of crisis could be weaponised by the Trump administration, Kenneth Rogoff, a former IMF chief economist said, when asked if that was a possibility.
Lodha Developers reports strong Q3 revenue, highest pre-sales
Lodha Developers recorded its best-ever quarterly pre-sales or sales bookings of 5,620 crore in the third quarter of 2025-26, up 25% from a year ago.
eClerx Services announces 1:1 bonus issue, reports 40% YoY Q3 PAT growth
eClerx Services approved a 1:1 bonus share issue alongside robust Q3FY26 results. Net profit rose 40% year-on-year, while revenue grew strongly, supported by steady execution, higher USD revenues, and resilient operating performance despite marginal margin compression.
Dollar slump lifts precious metals complex to fresh high
Gold, silver extend record rally, analysts warn of overbought risks
S&P 500 crosses 7,000 points for the first time, lifted by AI optimism
The S&P 500 breached the 7,000-point mark for the first time on Wednesday, driven by unrelenting optimism over artificial intelligence and expectations of strong Big Tech earnings as well as monetary policy easing.
US stocks rise ahead of Fed rate decision, Big Tech earnings
The S&P 500 opened at 7,000 mark on Wednesday, while the Nasdaq inched towards a record high, fueled by a gain in chip stocks and as investors geared up for a Federal Reserve rate decision as well as a slew of Big Tech earnings.
HT Media Q3 loss at 23.7 crore on new labour codes
HT Media Ltd reported a consolidated net loss of 23.70 crore for the December quarter, influenced by provisions for new labour codes. Despite this, revenue rose to 496.61 crore and profit before exceptional items increased to 13.33 crore, reflecting operational progress.
SSL introduces StockFin 2.0 to power India's next wave of retail investors
StockHolding Services Ltd (SSL), a wholly owned subsidiary of StockHolding Corporation of India Ltd on Wednesday announced the launch of StockFin 2.0 app to cash in on growing stock market participation.
Is a Hiba valid for gifting property to unborn grandchildren?
Hiba made in favour of unborn children is invalid. A key principle that governs Hiba is the fact that Hiba can be effected inter vivos or among living persons. When a Hiba is made to a child in the womb, it would stand valid only if the child is born alive within 6 months from the date the Hiba.
India puts quantitative limit, minimum price, 20% duty on apple imports from EU
Indian apples will attract zero duty over 5-7 years when imported by any EU country, opening a premium segment for the domestic growers
US Fed expected to hold rates steady as pause phase begins
The Federal Reserve is expected to hold interest rates steady on Wednesday in a pause that investors see lasting beyond U.S. central bank chief Jerome Powell's final meetings in March and April, with his successor expected to take office by the summer and policymakers split over whether more reductions in borrowing costs are warranted.
GRSE Q3 Results: Profit jumps 74% YoY to Rs 171 crore; co declares Rs 7.15 dividend
Garden Reach Shipbuilders posted robust December quarter results, with profit up 74% and revenue rising 49% year-on-year, driven by strong execution, operating leverage, and a healthy order book supporting sustained growth along with interim dividend announcement and solid balance sheet.
Gold Outlook: Where is gold price headed?
Gold/Silver ratio indicates that silver can continue outperform and there is limited upside for gold from here
Domestic aluminium prices jumped to a record on MCX, tracking sharp gains on global exchanges. A weakening US dollar, supply constraints, and rising demand from EVs, renewables, and infrastructure supported bullish momentum and strengthened the near-term technical outlook.
Hindustan Zinc OFS sees strong demand, non-retail portion subscribed 1.42 times on Day 1
Hindustan Zincs OFS drew strong institutional interest, with the non-retail portion subscribed 142%. Vedantas discounted stake sale reassured markets, lifted stock prices, and reinforced confidence in Hindustan Zincs cash flows, scale, dividends, and long-term investment appeal.
S&P Global upgrades Biocon Biologics ratings
S&P Global Ratings on Wednesday upgraded Biocon Biologics ratings with a stable outlook.
Sensex surges 487 points as defence, PSU stocks rally on Budget optimism
Bharat Electronics, ONGC and Coal India were the top performers on the Nifty50
8 midcapcap stocks post 50%+ EBITDA growth in December quarter
Eight midcap stocks posted over 50% EBITDA growth in the December quarter, signalling stronger profitability and improved operational performance.
Larsen & Toubro Q3 Results: Engineering and construction major Larsen & Toubro (L&T) reported a 4.3% YoY decline in its December quarter consolidated net profit at Rs 3,215 crore compared to Rs 3,359 crore reported in the year ago period.
MCX India among 5 financial services stocks that hit 52-week high; rally up to 17% in a month
Five financial services stocks, including MCX India, SBI and Axis Bank, hit fresh 52-week highs as strong market momentum sparked monthly gains of up to 17%.
Gainers & Losers: BEL and Vedanta among 7 stocks in focus on Wednesday. Heres why
Indian equity benchmarks extended gains on Wednesday. CSB Bank, BEL, Vedanta, Hindustan Zinc, CarTrade Tech, Hindustan Copper and Shadowfax Technologies remained in focus.
CSB Bank shares tumbled 14% on Wednesday after the lender reported a flat Q3 profit and a sequential rise in gross and net NPAs. While NII and operating profit saw strong double-digit growth, asset-quality pressures weighed on sentiment. Management said overall business momentum remains strong, with improvements expected in the current quarter.
US stock index futures rise as Wall Street braces for big-tech earnings
U.S. stock index futures rose on Wednesday, helped by gains in chip stocks, while investors geared up for quarterly earnings results of some of the so-called Magnificent Seven companies and a Federal Reserve rate decision.
Gold hits record above $5,280 as Trump dollar comments aid rally
US President Donald Trump says he is not concerned about a drop in the value of the dollar that has dragged the worlds premier reserve currency to its weakest level in nearly four years
MFs trim stakes in 11 smallcap stocks over two quarters; shares tumble up to 55%
Mutual funds trimmed stakes in 148 small-cap stocks over two quarters, with 11 names crashing up to 55% in six months. Data shows sustained selling pressure as fund managers reassess exposure amid weak price performance and shifting market trends.
Shadowfax Technologies lists at 9% discount, closes 12% below issue price
Shares close at 109.18 on NSE
Pine Labs swung to a consolidated profit of Rs 42 crore in Q3FY26 after a loss last year, driven by 24% revenue growth and strong platform volumes. EBITDA rose 59% YoY, while GTV hit Rs 4.5 lakh crore. Transaction growth stayed robust, though operating cash flow remained negative due to festive-driven working capital needs.
Rupee lags Asian peers as NDF maturities, month-end dollar bids pinch
The Indian rupee closed marginally weaker on Wednesday, lagging Asian peers, on dollar demand linked to maturing non-deliverable forwards positions and month-end importer demand, while positive cues from a broad-based decline in the greenback capped losses.
Elon Musks SpaceX may be heading for a record-breaking IPO, potentially raising $50 billion. From reusable rockets to Starlinks recurring revenue, the listing could reshape global markets while testing investor appetite for future technologies.
SBI Life Q3 Results: Profit rises 5% YoY to Rs 577 crore; net premium income jumps 22%
SBI Life Q3 Results: SBI Life announced a 5% rise in net profit to Rs 577 crore for the third quarter. Net premium income saw a 22% increase. Growth was driven by industry momentum and higher policy volumes. The company maintained its leadership in individual rated premium. Assets under management grew 16%. The financial position strengthened with a 15% rise in net worth.
Lessons from the Binny Bansal ruling: Dubai or Singapore not an easy NRI tax arbitrage
Recent rulings in the Binny Bansal and Tiger Global cases signal that day counts and paper relocations are no longer enough. Tax authorities are looking for real overseas substance before granting non-resident status or treaty benefits.
BEL shares rally 10%, hit 52-week high as Q3 net profit rises 21% to Rs 1,580 crore
Bharat Electronics Ltd. shares surged to a 52-week high following robust December quarter results. The defence major reported a 21% year-on-year jump in net profit to Rs 1,580 crore and a 24% revenue increase to Rs 7,154 crore. This strong performance, driven by defence indigenisation and a growing order book, signals continued momentum for BEL.
ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%
ACC Q3 Results: ACC's net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of Rs 404 crore. However, its revenue from operations showed growth, increasing by 22 percent to Rs 6,391 crore. This performance reflects a mixed financial outcome for the Adani Group firm during the period.
Adani Electricity Mumbai secures sovereign-grade rating after years of deleveraging
Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with Indias sovereign credit profile. The upgrade reflects regulatory support, declining leverage and improved operating performance following a turnaround since its acquisition in 2018.
European shares pause after two-day rally; ASML bucks weakness
European shares took a breather on Wednesday after two consecutive days of gains as investors parsed through a string of earnings updates and executive commentary, while ASML hit a record high.
Japan's Nikkei escapes losses as tech share gains offset drag from strong yen
Japan's Nikkei share average ended slightly higher on Wednesday, buoyed in the final half-hour of trade by stronger-than-expected orders at Dutch chip equipment maker ASML.
Maruti Suzuki Q3 Results: Standalone PAT rises 4% YoY to Rs 3,794 crore; revenue jumps 29%
Maruti Suzuki Q3 Results: Maruti Suzuki reported a 4% year-on-year rise in net profit to Rs 3,794 crore for the December quarter, driven by a 29% increase in revenue to Rs 49,891 crore. However, lower export proceeds and a one-time provision impacted profitability, leading to a smaller-than-expected quarterly profit. The results saw the company's shares recover slightly from their day's low.
BEL Q3 Results: Net profit rises 21% YoY to Rs 1,580 crore, revenue grows 24%
State-owned defence electronics major Bharat Electronics Ltd (BEL) announced a strong performance for the December quarter, with consolidated net profit surging 21% year-on-year to Rs 1,580 crore. Revenue from operations also saw a significant jump of 24% YoY, reaching Rs 7,154 crore, indicating robust growth for the company.
Shadowfax is at the forefront of India's last-mile logistics evolution. The company is experiencing strong growth driven by e-commerce and quick commerce. Aggressive expansion into new areas and technology are key. Shadowfax is improving efficiency and profitability. The company is set to play a significant role in the country's logistics future.
Euro zone bond yields fall as ECB signals euro strength could prompt rate cuts
Short-end euro zone bond yields fell on Wednesday after European Central Bank policymaker Martin Kocher warned that further euro strength could force them to resume interest rate cuts.
Mindspace REIT Q3 profit up 33 pc to Rs 180 cr
Realty firm Mindspace Business Parks REIT on Tuesday reported a 33 per cent increase in consolidated net profit to Rs 180.09 crore in the December quarter of this fiscal year on higher income.
Why did you just buy five books when you needed two?
From false scarcity to hidden fees, digital platforms are engineered to extract maximum value. Here are the psychological weapons used against your wallet.
TVS Motor Q3 Results: Cons PAT zooms 49% YoY to Rs 841 crore; revenue jumps 34%
TVS Motor Q3 Results: The companys revenue from operations stood at Rs 14,756 crore in Q3FY26, up 34% from Rs 11,034 crore reported in the corresponding period of the previous financial year.
Value hunting back on the table as markets navigate global flux
Indian investors are seeking value amidst global market volatility, with expert Punita Kumar Sinha advising a selective approach. While commodities and real estate show promise, equities remain dominant, especially for those with limited overseas investment options. Sinha emphasizes stock-specific opportunities over broad sector calls, particularly in IT and capital expenditure cycles.
Shriram Finance shares nearly double in a year. Will the stock sustain its strong momentum?
Shriram Finance shares have nearly doubled in a year, driven by strong AUM growth, improving margins and MUFGs strategic investment. Analysts remain positive on fundamentals but warn of near-term consolidation as momentum indicators signal overbought levels.
Why Gold soars past $5,250, silver hits 4 lakh?
Market analysts attribute the bullion rally to multiple factors including safe-haven demand amid geopolitical tensions and trade uncertainty
ONGC, Hindalco, Coal India, Eternal and Bharat Electronics led the gainers, while Tata Consumer Products, Asian Paints, Eicher Motors, Maruti and Infosys were major laggards
Silver futures hit record 3.83 lakh/kg; gold at fresh peak of 1.62 lakh/10g
Rallying for the fourth consecutive day, silver futures for March delivery climbed 26,821, or 7.53% to hit another record of 3,83,100 per kilogram on MCX
India currently has five listed REITs, four of which are focused on office assets and one on the retail segment. The next phase of growth is expected to be driven by greater diversification across asset classes
Swiggy Q3 Preview: Losses to widen as Instamart investments weigh; revenue may jump 47% YoY
Swiggy is expected to post strong revenue growth of about 47% YoY in Q3FY26, led by steady food delivery demand and a sharp rise in quick commerce. However, continued investments in Instamart, rising competition, and dark store expansion costs are likely to widen losses, with brokerages estimating a Q3 loss in the range of Rs 8041,045 crore.
CarTrade Tech shares slide 11% as investors look past Q3 revenue growth, margin expansion
CarTrade Tech shares slid sharply after the company reported strong December-quarter profit growth and a significant expansion in margins, with investors focusing instead on a slowdown in revenue growth compared with the prior quarter.
Budget, earnings revival crucial to lure FIIs back to India: Punita Kumar Sinha
As India braces for budget week, market watchers are seeking catalysts to lure back cautious foreign institutional investors. Persistent outflows and concerns over earnings trajectory and valuations have weighed on sentiment. However, strategist Punita Kumar Sinha believes pessimism is overdone, highlighting potential positive triggers like the EU trade deal and budget announcements.
Shadowfax Technologies shares gain 6% after weak debut at 9% discount. Should you buy, sell or hold?
Shadowfax Technologies shares rebounded 6% to Rs 119.5 after a discounted listing at Rs 124. The IPO saw a 2.8x subscription, with institutional investors driving demand. Analysts advise caution for fresh investors, recommending a hold for allottees with strict stop losses due to valuation concerns.
Vietnam raises $323.8 mln in government bond auction
Vietnam's State Treasury secured 8.44 trillion dong from its latest government bond auction, a dip from the previous week's 12 trillion dong offering. While 58% of bonds were sold, the auction saw no uptake for 5- and 30-year maturities. This brings the year's total government bond sales to 24.4 trillion dong, crucial for funding public investments and economic growth.
Investors urged to wait for Budget before making big bets, says Sunil Subramaniam
Market experts advise investors to delay significant moves until the Union Budget is presented, despite positive sentiment from the India-EU trade deal. Sunil Subramaniam suggests waiting for the budget to reassess opportunities, highlighting banking, IT, and consumption as key sectors to watch for earnings.
India bonds inch up as RBI moves up debt buying after sell-off
Indian sovereign bonds saw a slight increase as the Reserve Bank of India advanced its open market purchases by a week, prompting some traders to reduce bearish positions. The benchmark 10-year bond yield hovered around 6.7083%. However, concerns about future supply and a potentially larger borrowing plan for the next fiscal year are expected to temper further gains.
Paytm is expected to post another profitable Q3, driven by festive-led demand in payments and financial services. Brokerages forecast a return to year-on-year profitability, around 6% sequential growth, and continued margin expansion, with revenue seen rising up to 22% YoY to about Rs 2,1872,225 crore.
How Union Budget 2026 could impact corporate bond yields and investor returns
Union Budget 2026 will heavily influence bond markets as its fiscal strategy shapes borrowing levels, yield stability and investor confidence. With consolidation expected to keep long-term yields anchored, corporate bond spreads may remain tight, supporting steady returns for fixed-income investors, including those on online bond platforms.
Oil India shares jump nearly 10%, extend gains for second session. Whats behind the surge?
Oil India shares saw a significant jump on Wednesday. This rise followed a sharp increase in global crude oil prices, reaching a four-month peak. Geopolitical tensions, including concerns over US-Iran and Russia-Ukraine conflicts, along with supply disruptions, fueled the market sentiment. Analysts suggest a positive technical outlook for the stock.
Japanese bonds rally as 40-year auction shows resilient demand before election
Japanese government bonds rallied as yields near record highs attracted strong demand at a super-long-term debt auction. The 40-year JGB yield fell following the sale, while the benchmark 10-year yield also decreased. This comes amid expectations of further debt-funded stimulus and a potential snap election.
Suzlon Energy shares rally over 3% after securing 248.85 MW wind order from ArcelorMittal
Suzlon Energy shares climbed over 3% after the company secured a 248.85 MW wind power order from ArcelorMittal. The deal strengthens Suzlons green steel portfolio and reinforces its leadership in Gujarats wind energy market.
Pre-Budget Expectations 2026: What Indias commodity derivatives market needs now
Indias commodity derivatives market is poised for transformation if the Budget 2026 addresses key reforms. Lower CTT, tax clarity, wider institutional participation, stronger physicalderivatives linkages, and advances in options, margins, technology and regulatory stability can unlock liquidity, improve hedging efficiency and position India as a global commodity risk-management hub.
Crypto markets cautious as Bitcoin nears $89,000, Ethereum eyes $3,000
Bitcoin and Ethereum showed cautious optimism, nearing $89,000 and $3,000 respectively, as buyers re-entered key support zones ahead of the Federal Reserve's rate decision. While major altcoins saw significant gains, Bitcoin and Ethereum are expected to trade within consolidation ranges until a clear macro trigger emerges.
Tata Consumer shares slide over 5% after Q3 results
The company reported a 38% year-on-year rise in net profit for the third quarter, aided by lower tea prices and GST cuts that boosted consumption demand
Hindustan Copper shares rally 15% in 2 days. What's behind the surge?
Hindustan Copper shares surged nearly 15% in two sessions after the state-owned miner emerged as the preferred bidder for a new copper block in Madhya Pradesh, reinforcing investor optimism amid a strong global metals rally and bullish technical signals.
Digital Real Estate: How Budget 2026 can revive affordable housing, Anuj Puri decodes
Indias housing market risks deepening inequality as affordable supply collapses despite booming luxury sales. With EMIs surging, demand unmet and developers abandoning low-margin projects, Budget 2026 must revive incentives, expand infrastructure, update affordability norms and strengthen subsidies to restore balance and make homeownership achievable for the middle class.
SpaceX weighs June 2026 IPO at $1.5 trillion valuation: Report
SpaceX is reportedly exploring a mid-June 2026 IPO that could raise up to $50 billion at a massive $1.5 trillion valuation, according to the Financial Times.
Fed signal sparks Yen bounce, but joint FX firepower still missing
The New York Federal Reserve's recent action has lowered the bar for Japan to intervene in currency markets. This has led to a strong rebound in the yen after a period of weakness. However, coordinated intervention by Japan and the United States is not expected soon. This development has kept currency markets watchful.
Budget 2026: Why rock the boat? Swaminathan Aiyar urges caution amid global storm
India enjoys a rare 'Goldilocks moment' with strong growth and low inflation, according to Swaminathan Aiyar. He urges the Finance Minister to prioritize stability over radical reforms, warning against disrupting this balance. Aiyar also expresses skepticism about budget-driven job creation, advocating for sustained economic strength and suggesting a rethink on Chinese investment to boost growth and leverage.
ONGC shares surge over 6% after signing shipbuilding contracts with Samsung
Through joint ventures with Japans Mitsui O.S.K. Lines, ONGC will own and operate the vessels, each with a cargo capacity of 100,000 cubic meters, to transport 600 KTPA of ethane for subsidiary OPaL from the US to India.
PC Jeweller shares fall 4% despite strong Q3 show
Alongside the earnings announcement, the board approved an expansion strategy, clearing plans to open up to 100 large franchise showrooms over the next 1218 months as part of its future growth roadmap
Fed likely to pause rate cuts as inflation risks and political pressure loom
The US Federal Reserve is expected to hold interest rates steady after recent cuts, as economic growth remains stable and inflation, though easing, stays above target. Policymakers face a balancing act between employment and inflation. Political pressure from the White House and upcoming leadership changes add complexity to the Fed's outlook.
Rupee rises 11 paise to 91.57 against the US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 91.60 against the US dollar, then gained some ground to 91.57, registering a gain of 11 paise over its previous close
Tata Consumer Products shares tumble 5% after Q3. What should investors do?
Tata Consumer Products shares dropped significantly on Wednesday. This occurred even as the company reported a 38% year-on-year profit jump and 15% revenue increase for the December quarter. Analysts from Morgan Stanley, Motilal Oswal, and JM Financial provided their views on the stock. Their recommendations range from Overweight to Buy and ADD, with varying price targets.
Wall Street pins hopes on Fed independence as Donald Trump eyes new chair
Global markets find reassurance in the Federal Reserve's independence. Despite President Trump's concerns about appointing aligned Fed chairs, bankers believe future leaders will prioritize economic data over politics. Institutions are preparing for various economic scenarios. Confidence in the Fed's autonomy remains crucial for market stability and inflation control.
Crude oil futures gain as US winter storm hits output
At 9.58 am on Wednesday, April Brent oil futures were at $66.91, up by 0.48%, and March crude oil futures on WTI were at $62.76, up by 0.59%
Markets open higher on budget optimism; ONGC surges 7%, Asian Paints tumbles 6%
Foreign institutional investors (FIIs) continued their selling spree with cash market selling of 3,068 crores in the previous session, while domestic institutional investors (DIIs) provided support with aggressive buying worth 8,999 crores
ITC Q3 results preview: Revenue to grow up to 8.4% YoY on cigarette volume growth. 6 things to watch
ITC is expected to report moderate revenue and profit growth in Q3, supported by cigarette volume recovery and margin expansion. However, brokerages remain divided on profit estimates amid concerns over pricing pressures and potential cigarette tax hikes.
Asian Paints shares slide over 6% after Q3 results, brokerages mixed on outlook
The paint major posted a standalone net profit of 1,414.89 crore for the quarter ended December 2025, down 4% from 1,476.22 crore a year earlier.
Reliance's EU exports in limbo as Russian crude rules sow confusion: Nomura
Reliances refined product exports to Europe face rising uncertainty as EU rules on Russian crude create compliance confusion. Tanker diversions and inconsistent enforcement across member states add pressure, while limited Venezuelan crude supplies complicate Indias shift away from Russian oil. RIL shares have fallen amid these concerns.
