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Aequs reports 51% jump in revenue growth
Karnataka-based Aequs reported a 51% revenue jump to Rs 326.2 crore in Q3FY26, driven by strong aerospace performance and consumer demand. Despite a rise in net loss due to investments and listing expenses, the company's EBITDA significantly increased. Aequs also announced its entry into UAV manufacturing and received PLI approval for electronics components.
Mastercard profit exceeds expectations, set to lay off 4% globally; shares nudge up
Mastercard exceeded fourth-quarter profit expectations due to resilient consumer spending, particularly in travel and essentials. The company announced plans to lay off approximately 4% of its global workforce, impacting over 1,400 employees, to reallocate investments. This strategic restructuring is expected to incur a $200 million charge in the current quarter.
Bulk deal: Goldman Sachs trims Manappuram Finance stake; CLSA offloads Sunteck Realty shares
Goldman Sachs offloaded over 65.27 lakh shares in Manappuram Finance for approximately Rs 190 crore, with Morgan Stanley as the buyer. In a separate transaction, CLSA sold 71.61 lakh shares of Sunteck Realty for Rs 269 crore, with Goldman Sachs and Morgan Stanley acquiring them.
Gold price plunges 4% after rallying to record highs; silver drops 6%
The price of gold tumbled more than five percent Thursday as traders reassessed the market after recent record highs for the precious metal seen as a safe-haven investment. Silver plunged more than eight percent, while copper and nickel prices also fell.
Nasdaq profit beats estimates; CEO touts IPO pipeline
Nasdaq reported strong fourth-quarter profits, exceeding expectations due to market volatility. The company saw a significant rise in new listings, with a promising outlook for accelerated initial public offerings in 2026. Nasdaq's revenue from data and listing services increased, and its financial technology and index businesses also showed robust growth. The exchange operator is expanding its services beyond trading.
Cupid net triples in Q3, to issue 4:1 bonus shares
Income more than doubled to 104 crore (51 crore) in the quarter under review. EBITDA was more than doubled to 34 crore
US weekly jobless claims fall slightly; prior week's data revised up
The number of Americans filing new applications for unemployment benefits fell slightly last week, still consistent with a relatively low level of layoffs, though lackluster hiring is stoking anxiety among households over the labor market.
Hindustan Zinc launches Zinc Moolya a live rupee pricing module on Vedanta Metal Bazaar
It enables businesses across India, particularly MSMEs and small-volume buyers, to view, book and lock transparent, real-time metal prices in the rupee
Allied Blenders and Distillers Q3 PAT up 11 pc at Rs 63.74 cr
Allied Blenders and Distillers Ltd on Thursday reported an 11 per cent rise in consolidated profit after tax at Rs 63.74 crore in the third quarter ended December 31, 2025, aided by lower expenses.
US software stocks slide after SAP, ServiceNow results fuel AI disruption fears
U.S. software stocks fell on Thursday after SAP's cautious cloud outlook and a post-earnings drop in ServiceNow shares reinforced investor concerns about mounting competition from artificial intelligence-related companies.
Market Trading Guide: Buy Oil India and ABB on Friday for up to 14% potential upside
Nifty posted a third straight gain, led by financials and energy, while autos and IT capped upside. Technicals remain positive above the 50 EMA, with resistance near 25,500. Analysts recommend buying Oil India and ABB India on bullish setups.
Rising prices of maize-based ethanol 11.7% per year failed to shift paddy farmers
Price signals boost maize, but pulses and crop diversity suffer
SAP's 2026 cloud forecasts disappoint, shares drop 17%, biggest daily loss since 2020
German software company SAP's 2026 cloud revenue forecast failed to meet market expectations on Thursday and the company's shares fell by 15%, marking their steepest one-day decline since October 2020.
Dixon Technologies Q3 profit hit by smartphone slowdown as mobile revenues slide
Dixon Technologies reported a sharp Q3 slowdown as mobile segment revenues fell 27% and operating profit dropped 26% amid weak smartphone demand and rising memory costs. Overall revenue grew marginally, while net profit jumped on a one-time stake sale gain.
Big Tech results show investor demand for payoffs from heavy AI spending; Meta shares surge 9%
Big Tech earnings so far this week have sent a clear warning: investors are willing to overlook soaring spending on artificial intelligence if it fuels strong growth, but are quick to punish companies that fall short.
US stocks mixed as markets digest Big-Tech AI splurge, Fed rate pause
Wall Street opened mixed on Thursday, as investors waded through mega-cap tech results that showcased another surge in AI spending, while the Federal Reserve held rates steady as widely expected.
Canara Bank Q3 Results: Net profit rises 26% to Rs 5,155 crore on advance growth
Canara Bank posted a 26% rise in Q3 net profit to Rs 5,155 crore, supported by 14% advance growth, higher operating income, and improving asset quality, with gross and net NPAs declining significantly year-on-year.
Colgate-Palmolive India Q3 net profit rises 2.3%, sales up 1.4%
Colgate-Palmolive India reports Q3 net profit growth of 2.3% and sales increase of 1.4%, reflecting positive market trends.
Cupid announces a 4:1 bonus issue; Q3 PAT soars 196%
Cupid announced a 4:1 bonus issue alongside stellar Q3 results, with profit surging 196% and income doubling. Record EBITDA margins, strong export demand and FMCG growth marked its strongest-ever quarter, reflecting confidence in long-term expansion and wider retail participation.
Paytm Q3 Results: Profit skyrockets 971% QoQ to Rs 225 crore
Paytm Q3 Results: Financial services technology platform Paytm on Thursday reported a consolidated net profit of Rs 225 crore in the third quarter. This compares with a loss of Rs 208 crore in the year-ago period. On a sequential basis, profit jumped 971% from Rs 21 crore posted in the preceding September quarter.
ITC Q3 Results: Cons PAT flat at Rs 4,931 crore, revenue up 7%; Rs 6.50 per share dividend announced
ITC Q3 Results: FMCG major ITC's December quarter consolidated net profit stood at Rs 4,931 crore, flat compared to Rs 4,935 crore reported in the year ago period.
Dabur Q3 Results: Cons PAT grows 7% YoY to Rs 560 crore, revenue up 6%
Dabur India posted a 7% rise in Q3 profit and 6% revenue growth, led by FMCG expansion, strong India market share gains and double-digit international growth. Sequential profits jumped sharply, underscoring resilient demand, brand strength and broad-based category performance.
KPIT Tech Q3 Results: Net profit plunges 29% to Rs 133 crore; revenue up 9% to Rs 1,617 crore
Mobility and automotive solutions company KPIT Technologies on Thursday reported a 28.7 per cent decline in consolidated net profit to Rs 133.30 crore for the December quarter, primarily weighed down by a one-time statutory impact related to new labour codes.
Voltas Q3 Results: Profit slumps 35% to Rs 84 crore, revenue dips marginally
Leading air-conditioning maker and engineering services provider Voltas Ltd on Thursday reported a 35.4 per cent decline in its consolidated net profit to Rs 84.46 crore for the December quarter of FY26.
Gainers & Losers: Hindustan Copper, Vedanta among 6 stocks in focus on Thursday
Indian markets rose for a third day, led by financials and energy. Hindustan Copper hit a record, L&T and Vedanta gained, eClerx jumped on results, while BEL slipped on brokerage views and Five-Star fell after earnings pressure elsewhere persisted modestly.
Piramal Pharma Q3 Results: Co reports loss as CDMO slowdown drags revenue
Piramal Pharma swung to a Rs 136 crore Q3 loss as revenue fell 3%, hit by CDMO destocking, weak US biopharma funding, trade uncertainty and regulatory delays. Management sees recovery signs, cost controls cushioning EBITDA, and expects a stronger Q4.
Hindustan Zinc OFS sees strong retail subscription of 2.3 times on Day 2
Hindustan Zincs OFS drew strong interest, with the retail portion subscribed 2.3 times on Day 2 as investors bid for 1.10 crore shares against 47.58 lakh on offer. This followed a robust 142% non-retail subscription on Day 1, underscoring solid demand at the Rs 685 floor price despite the stock trading higher.
IEX Q3 Results: Cons net profit jumps 11% YoY to Rs 119 crore; co declares interim dividend
Indian Energy Exchange posted an 11% YoY rise in consolidated Q3 profit to Rs 119 crore, driven by stronger revenue and higher trading volumes. The company declared a Rs 1.50 interim dividend. Revenue grew 14% YoY to Rs 183 crore, while power prices softened and IGX reported steady growth in gas-trading volumes.
Gold and silver soar as U.S. trust frays, warns Aswath Damodaran
Aswath Damodaran argues 2025 market moves reflect a deep trust deficit in US institutions. Bonds stayed calm, the dollar weakened, gold and silver surged, while bitcoin failed to act as a haven, trading like a risky equity throughout the year.
Record high prices pull India gold demand down 11% in 2025: WGC
In 2024, the overall gold demand stood at 802.8 tonne
Global gold demand crosses 5,000 tonne in 2025: WGC
Total gold demand hit a new all-time high of 5,002 tonne in 2025, up from 4,961.9 tonne in the previous year, as the investment demand surged to 2,175.3 tonne compared to 1,185.4 tonne in 2024
Metal stocks power Sensex to new highs as rupee hits record low against dollar
Rupee breached the 92-mark against the dollar for the first time
Tata Motors (CV) Q3 Results: Cons PAT plunges 48% YoY to Rs 705 crore, but revenue jumps 16%
Tata Motors (CV) Q3 Results: Tata Motors Limited (TMCV) reported a 48% decline in its December quarter consolidated net profit at Rs 705 crore compared to Rs 1,355 crore reported in the year ago period.
Easy money era after 2008 made Indian stock market very expensive: CEA Nageswaran
Indias Chief Economic Adviser V Anantha Nageswaran on Thursday delivered a sharp warning on financial markets, saying years of ultra-loose monetary policy have resulted in stretched asset valuations, rising concentration risks, and a growing reliance on less regulated sources of capital.
Rupee settles near all-time low at 91.96 against US dollar
Forex traders said the rupee hit its all-time intra-day low of 92 against the US dollar amid geopolitical uncertainty and foreign outflows
Rupee hits record low, RBI intervention averts fall past 92
The Indian rupee hit a record low against the dollar on Thursday, pressured by dollar demand linked to the maturity of non-deliverable forward positions and corporate hedging, while the central bank likely intervened to hold it above the psychologically significant 92 level.
Mahindra Holidays Q3 profit plummets on one-time charge, slow membership growth
Mahindra Holidays and Resorts India reported a 94% plunge in third-quarter profit on Thursday, dragged by a one-time charge following the roll-out of India's new labour codes and slower membership growth.
Deepak Fertilisers Q3 profit falls on softer chemical demand, high costs
India's Deepak Fertilisers and Petrochemicals reported a 43.6% fall in third-quarter profit on Thursday, as softer agrochemicals demand and rising input costs squeezed margins.
Anup Upadhyay, fund manager at SBI Mutual Fund, said about 70% of the SBI Flexi Cap Fund is now in large caps, up from 55% a year ago. In an interview with Mint, he also spoke about his outlook for the market, sectoral bets, and structural changes in the SBI Flexi Cap Fund.
Vedanta Q3 Results: Profit surges 61% YoY to Rs 5,710 crore; revenue advances 37%
Vedanta reported a significant 61% year-on-year profit jump to Rs 5,710 crore in the third quarter, driven by a 37% revenue increase to Rs 23,369 crore. The company achieved its highest-ever quarterly EBITDA of Rs 15,171 crore, with a strong operational performance across most businesses, particularly in aluminium production.
Swiggy Q3 Results: Cons loss widens YoY to Rs 1,065 crore, but revenue jumps 54%
Food delivery giant Swiggy's consolidated net loss widened to Rs 1,065 crore in Q3FY26, an increase from the previous year's Rs 799 crore. Despite the higher loss, the company saw significant revenue growth, with operations generating Rs 6,148 crore, a 54% year-on-year increase.
World will soon run short of copper amid rising AI data centres, power demand: Economic Survey
Economic Survey 2025-26 warns rising AI data centres and green energy will strain copper supplies, amid mine outages, trade barriers and volatile prices. Surging demand could keep copper elevated, reshaping metals markets, inflation trends, and Indias resilience through coming years.
Market Wrap: Sensex adds 222 points, Nifty above 25,400 as D-St recovers from early dip
At the close, the Sensex was higher by 222 points, or 0.27%, to 82,566.37, and the Nifty gained 76 points, or 0.3%, to end at 25,418.90.
Hindustan Copper surges 20% to hit fresh 52-week high as copper prices rally
Over the past six months, Hindustan Copper shares have skyrocketed 190 per cent
Gold price rise hits jewellery demand in India, volumes fell 24% in 2025: World Gold Council
Indias gold jewellery demand by volume fell sharply in 2025 as record prices curbed buying, with consumption dropping 24% year-on-year to 430.5 tonnes, according to the World Gold Council. However, higher prices pushed the value of Indias jewellery demand to a record $49 billion.
SAMHI Hotels Q3 profit surges 111% profit to 48 crore despite GST headwinds
However, the companys shares fall 4 per cent on Thursday
China reportedly drops rules that sparked property crisis, developer shares surge
Chinese property developers are no longer required to report monthly data related to the country's hree red lines policy, local media said on Thursday, an apparent end to rules which triggered a major debt crisis that continues to this day.
Brent oil price tops $70 on Trump's Iran threats
Brent crude oil topped $70 per barrel Thursday for the first time since September as US President Donald Trump ramped up geopolitical tensions by threatening military strikes on Iran. In London morning deals, international benchmark oil contract Brent North Sea crude jumped 2.4 percent to $70.06 per barrel.
European shares rise as miners, energy stocks lift sentiment
European shares rebounded on Thursday, lifted by higher prices of oil and precious metals, shaking off the gloom from weaker luxury earnings the day before.
Nestle India is expected to post steady Q3 revenue growth of about 1011%, driven by healthy domestic volumes. However, higher input costs may weigh on margins, keeping profit growth modest despite continued focus on volume-led expansion and brand investments.
UK 10-year gilt yields rise to 2-month high after US Fed hold
Ten-year British government bond yields rose to their highest since November 20 on Thursday, tracking a modest upward move in U.S. Treasury yields after the Federal Reserve kept interest rates unchanged on Wednesday.
Euro zone bond yields steady as ECB euro strength concerns persist
Euro zone bond yields held steady on Thursday as concerns persisted over the strength of the euro and whether it might prompt the European Central Bank to cut interest rates, while the U.S. Federal Reserve kept rates unchanged.
Gillette India profit jumps on demand for grooming products
Gillette India's third-quarter profit jumped about 37% on Thursday, as demand stayed robust for its staple men's grooming products, including shaving razors and creams.
Adani Power Q3 Results: Cons profit falls 19% YoY to Rs 2,480 crore, revenue down 9%
Adani Power has announced its December quarter results. The company's consolidated net profit saw a significant 19% increase. This rise in profit is a positive development for the energy giant. However, revenue from operations experienced a slight decrease. Investors will be watching closely for future performance trends.
From multibaggers to laggards: 12 FY25 stars plunge up to 55% in FY26
Here are the stocks that standout as multibaggers in FY25rallying more than 100%but have since slipped into the laggards camp in FY26.
Rupee punches below its weight as fundamentals clash with global headwinds, economic survey says
The Economic Survey 202526 says the rupee is undervalued and punching below its weight despite Indias strong growth, controlled inflation and solid balance sheets. While the currency hit a record low near Rs 92 per dollar amid foreign outflows and global uncertainty.
Q4 earnings, Budget and trade deals seen as key market triggers: Aman Chowhan
Indian markets are waiting for a boost as recent earnings met expectations but did not attract foreign investors. The upcoming March quarter earnings will be crucial for growth trends. The Union Budget and global trade talks are also key factors. Midcap stocks are showing improved risk-reward. Sectors like pharma, chemicals, and export-oriented companies are poised for growth.
Budget 2026 and your portfolio: Track but retain long-term focus
The budget 2026 is just one stop on your investment journeyit does not change your destination.
Economic Survey: Economic Survey urges strengthening of Indias long-term capital markets
The Survey noted that the corporate bond markets were shallow and illiquid, securitisation was limited, municipal bonds were underdeveloped, and pension and insurance funds remain conservative investors due to regulatory and cultural inertia
Canara Bank Q3 Results: Profit rises 26% YoY to Rs 5,155 crore; NII up 1%
Canara Bank Q3 Results: Canara Bank posted a strong operational performance in the quarter, with operating profit rising 16% year-on-year to Rs 9,119 crore. Business growth remained healthy, as global business, deposits and advances each grew 13%. Credit expansion was driven by retail, agriculture and MSME segments, with retail loans up 31%.
LT Foods reports 24% revenue growth in nine months despite tariff pressures
For the third quarter alone, the New Delhi-based FMCG company posted revenue of 2,812 crore, up 23 per cent year-on-year
ABB gives confident outlook for 2026, launches $2 billion buyback
Swiss engineering group ABB reported fourth-quarter earnings exceeding forecasts and announced a new $2 billion share buyback, expressing confidence for 2026. The company is benefiting from the AI boom, strong demand in rail and marine sectors, and achieved record full-year orders and revenue. ABB aims for further growth and margin improvement by 2026.
Microsoft shares fall 6% in Frankfurt after results
Microsoft shares slid over 6% in Frankfurt after record AI spending and slower-than-expected cloud growth rattled investors.
Markets pare early losses to trade marginally lower at midday as capital goods, banking stocks gain
Capital goods and metal stocks led the recovery, with Larsen & Toubro emerging as the top gainer on the Nifty50, rising 3.43% to 3,924.00
Indonesia financial regulator says it will impose 15% stock free float requirement
Indonesia's financial watchdog is boosting the free float requirement for listed companies to 15% to address MSCI's transparency concerns, which triggered significant market sell-offs. The Financial Services Authority is also enhancing supervision timeliness and effectiveness. Authorities view MSCI's feedback positively and are awaiting a response to proposed solutions, aiming for resolution by March.
Japan's short-dated bonds fall on Fed hold; superlong bonds gain
Japanese government bonds showed mixed movements on Thursday, with shorter-dated notes declining in line with U.S. peers. Longer-dated securities, however, continued to benefit from strong demand at a recent 40-year JGB auction. Investors remain cautious about potential fiscal stimulus following upcoming snap elections.
Realty stocks tumble up to 28% in January ahead of Budget 26; can sops lift the laggards?
Within these five years, January 2025 marked the sectors steepest decline, as the Nifty Realty index plunged 12.45%. Other years were also weak, with declines of 4.69% in 2023, 0.81% in 2022, and 2.61% in 2021. The lone outlier was 2024, when the index posted gains of over 9%.
NSDL posts 15.4% income growth in Q3, market share jumps
NSDL strengthened its position in the unlisted market, with 4,446 companies admitted in Q3 FY26, achieving an overall equity market share of 72.5 per cent compared to 71.4 per cent in Q3 FY25
Why Gold explodes past $5,600, silver nears $120?
Gold soared to $5,626 and surpassed 1.80 lakh in India, while silver broke the 4 lakh barrier, marking a 30% gain for gold and a 66% surge for silver year-to-date
Bitcoin holds near $88,000 as Fed pause, weak ETF flows weigh on $2.98T crypto market
Bitcoin hovered near $88,000 after the Fed held rates steady, with macro caution and weak ETF flows weighing on the market, pushing the global crypto market cap to $2.98 trillion. In the last 24 hours, Bitcoin fell 0.9%, and Ethereum dropped 1.59%.
Bollywood films wait in the wings as box office uncertainty, crowded calendars play havoc
Bollywood studios are delaying major releases as volatile box office returns and crowded calendars raise the risk of underperformance. Many are doubling down on quality and avoiding big-ticket clashes, even as streaming economics make release timing more strategic than ever.
Sagility shares slide 5% after Q3 results, JM Financial stays bullish
The stock fell 5% to 49.10 on the NSE after opening higher at 52.74, compared with the previous close of 51.70
Defence sector set for strong growth amid anticipated Budget boost
India's defence sector anticipates a significant expansion in the upcoming fiscal year, with budget proposals hinting at a 20-25% increase in allocations. Analysts foresee a positive industry outlook driven by government spending and policy reforms, though challenges like working capital and R&D investments remain crucial for sustained growth.
Investors are looking for a Budget that encourages growth without weakening fiscal stability. A focus on productive capex, selective incentives and realistic revenue planning usually enhances confidence. The interplay between market-friendly policy choices and fiscal pressures will shape the overall response.
Gold demand to fall in 2026 as jewellery slump offsets investment rise
Domestic gold prices surged 76.5 per cent in 2025, while Indias benchmark Nifty 50 has risen 10.5 per cent in 2025
MCX shares soar nearly 20% in 3 sessions! Whats behind the sharp surge?
Multi Commodity Exchange of India shares surged on Thursday. The company reported a significant 151% year-on-year jump in net profit for the quarter ended December 31, 2026. This bullishness was further fueled by rising gold and silver prices. Higher trading volumes directly boosted MCX revenues and operational performance. The exchange also saw substantial growth in trading activity across segments.
India bonds slip as rupee slide blunts RBI bond-buy positivity
Indian government bonds experienced a downturn as the rupee hit a new low, raising concerns that central bank liquidity injections might be negated by efforts to stabilize the currency. Despite supportive domestic growth, weak foreign inflows and increased hedging demand pressured the rupee. Traders are also wary of record government borrowing plans.
SBI Life Insurance shares swing after Q3 results
Morgan Stanley maintained an outperform rating on the stock at a target price of 2,550. It raised its VNB forecasts, flagged upside risks to annualised premium equivalent growth and margins, and said continued valuation re-rating is likely
Explained: What made gold price jump 9% in one day to beat silver
Gold prices skyrocketed 9% on MCX after global investors rushed to safe-haven assets amid falling trust in paper currencies, Fed independence concerns, geopolitical tensions, and a weakening dollar. Silver also rallied, but gold outshone due to stronger safe-haven demand, central bank buying, and shifting market preference toward hard assets.
Indian equities experienced a sharp decline on Thursday, erasing recent gains as caution set in ahead of the Union Budget. Investors locked in profits and pivoted from global trade optimism to domestic policy risks, leading to a broad-based selloff. Market strategists suggest the recent rally was tactical, with foreign institutional investors maintaining a 'sell India' strategy.
Lodha posts record 5,620 crore quarterly sales, expands to Delhi NCR
Lodha adds five new projects during the quarter with a combined gross development value of 33,800 crore, its largest quarterly business development achievement
Indias growth story and the road ahead: Experts share insights ahead of Budget 2026
India's economy experienced unexpected robust growth and low inflation in 2025, a 'Goldilocks year'. Experts anticipate a cautious Union Budget 2026, emphasizing continuity and fiscal restraint. While cyclical factors boosted growth, policy innovation and strategic investment, particularly in state capex and FDI, are crucial for sustained stellar performance.
Capex vs refinancing: What Budget 2026 must do to revive private investment
The Union Budget FY27 pivots to a debt-anchoring framework, aiming for fiscal consolidation amidst slowing domestic consumption. With fading tax buoyancy, the government will increasingly rely on non-tax revenues and expenditure compression. Capex is normalizing, with a shift towards off-budget spending and state-led initiatives.
Maruti Suzuki shares down 3.5% as Q3 performance disappoints, brokerages trim target prices
The company posted a 4% increase in consolidated net profit of 3,879 crore for the third quarter
GE Vernova T&D shares jump 9% after stellar Q3 results, brokerages lift targets
GE Vernova T&D Indias profit jumped to 290.80 crore in Q3 FY26 from 142.68 crore in the year-ago period
Q3 Results Live Updates: Vedanta, Adani Power & TaMo to announce Q3FY26 results today
Explained: Why Hindustan Zinc shares are down 2% despite silver prices soaring to Rs 4 lakh
Hindustan Zinc shares have fallen about 2% over the last two sessions despite silver prices hitting a record Rs 4 lakh, reflecting a disconnect between the commodity rally and the stock. The decline is not due to fundamentals but is driven by short-term supply pressure from promoter Vedantas ongoing OFS, which has added fresh shares to the market through a base sale and a greenshoe option.
eClerx Services rallies 4% after Q3 profit surge; bonus issue nod
eClerx shares surged following a robust quarterly performance. The company's board approved a 1:1 bonus share issue. Net profit rose 40% year-on-year to Rs 192 crore for the December quarter. Revenue from operations also saw a significant increase. The bonus shares will be issued from retained earnings. The company expects to credit bonus shares by March 2026.
