15 C 
Protean eGov Technologies reports 13% revenue growth in Q3
Posts EBITDA of 46 crore, up 34 per cent from the same quarter last year
Bodhi Tree Multimedia reports 124% revenue surge in Q3
Bodhi Tree produced approximately 200 hours of original content during the quarter for platforms including Colors, JioStar, Zee, Dangal and Shemaroo
Infosys ADRs plunge over 7%, Wipro down 5% as tech turbulence deepens on Wall Street
Infosys American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipros ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
Ahead of Market: 10 things that will decide stock market action on Friday
Market sentiment weakened amid heavy IT selling and strong US jobs data dampening rate-cut hopes. Nifty struggled near 26,000 and may consolidate between 25,500 and 26,000. Analysts advise selective stock picking, with buying interest in select counters despite negative breadth.
US Stocks: Burger King-parent beats sales estimates on international demand, value push
Restaurant Brands International reported fourth-quarter sales above estimates on Thursday, driven by strength in its international Burger King outlets, even as it tackles stiff competition for its value menus and higher commodity costs in the United States.
US Stocks: AI cloud firm Nebius posts surge in capex on GPU, data center expenses
Nebius Group reported a sharp rise in quarterly capital spending on Thursday, driven by purchases of artificial intelligence processors and growing data center investments, as the AI cloud firm rushes to secure capacity to meet soaring demand.
Q3 Results Today, 12th Feb 2026 Updates: Find all the latest Q3 results 2026 updates
IT stocks plunge 5.5% as AI disruption fears grip markets; Nifty sheds 147 points at 25,807
Nifty IT index plunges 5.5% to a 10-month low; Tech Mahindra slumps 6.4%
AI phobia, US jobs data wipe out 4 trillion for IT shareholders in six weeks
A combination of higher-for-longer US interest rates and the rapid evolution of autonomous AI agents has triggered a massive sell-off in Indian IT, with TCS and Infosys bearing the brunt.
IHCL posts Q3 revenue of Rs 2,842 crore, PAT at Rs 954 crore
Tata Group-backed IHCL reported strong Q3 growth with higher revenue and net profit, aided by exceptional gains and robust hotel performance. The company marked its fifteenth straight record quarter, expanded its portfolio to 617 hotels and maintained healthy margins and cash reserves.
Muthoot Finance raises FY26 growth view after profit surge
Muthoot Finance lifted its FY26 growth guidance to 4445% as strong gold loan demand and regulatory easing boosted momentum. Q3 standalone profit nearly doubled, aided by lower provisions and higher income. Assets under management and gold loans posted robust year-on-year growth.
RBI proposes ban on intimidation, abusive calls by loan recovery agents
RBI said neither the banks employee, nor the recovery agent should engage in any harsh methods to recover dues. Use of abusive language, sending inappropriate messages either on mobile or through social media, or excessively calling or calling outside the prescribed hours would be considered harsh.
Petition against WeWork India IPO withdrawn
Agarwal had challenged aspects of disclosures in WeWork prospectus, asserting that certain regulatory complaints were not fully reflected in the documents
India switches FY27 maturity bonds with central bank, issues 2040 paper
India's central bank said on Thursday that the government has bought back bonds maturing in next fiscal year and issued longer-dated 2040 securities as part of a switch operation with it.
5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?
DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from 1 lakh to 5 lakh in 2020. In 2025, a proposal to increase it was considered.
Market Trading Guide: Shriram Finance and Max Health offer up to 13% upside in near term
Nifty posted a second straight loss amid IT-led selling but stayed above its 20-day moving average, keeping recovery hopes alive. Analysts see resistance near 26,000 and support around 25,75025,500. Shriram Finance and Max Healthcare are recommended as tactical buy opportunities.
US Stocks: US weekly jobless claims fall less than expected; labor market stabilizing
The number of Americans filing new applications for unemployment benefits decreased less than expected last week, but the decline was consistent with economists' view that the labor market was stabilizing after hitting a soft patch last year.
US Stocks: Zebra Tech shares surge 17% on upbeat 2026 forecast, $1 billion stock buyback plan
Zebra Technologies forecast 2026 sales and profit above Wall Street estimates on Thursday, banking on robust demand for its barcode scanners and communication devices, sending shares of the company up more than 17%.
Global Stocks: LSEG to build blockchain-friendly digital settlement platform
LSEG said on Thursday it plans to build an on-chain settlement service for institutional investors called the LSEG Digital Securities Depository, which will connect traditional and digital securities markets.
US Stocks Today: US stocks rise as markets assess jobs, economic data
Wall Street's main indexes inched higher on Thursday, a day after robust jobs growth and a dip in unemployment eased concerns around the U.S. economy, while investor attention turned to a slew of corporate earnings.
Govt's 5% stake sale in BHEL subscribed 1.34 times
The government's 5 per cent stake sale in BHEL closed with 1.34 times over-subscription after receiving enthusiastic response from retail and institutional investors.
Bulk, block deals dip 11% on weak market sentiments
Bulk and blocks in this fiscal (up to January), at 5.32 lakh crore have already exceeded the 5.23 lakh crore recorded in the entire FY25, according to data sourced from primebbdatabase.com.
Bharat Forge Q3 Results: Net profit rises 28% to Rs 273 crore
Bharat Forge on Thursday posted a 28 per cent increase in its consolidated net profit to Rs 273 crore for the third quarter ended December 2025.
Coal India Q3 results: State-owned Coal India on Thursday reported a 16% year-on-year (YoY) decline in its consolidated net profit at Rs 7,166 crore in the third quarter. The company has declared third interim dividend at Rs 5.5 per share for the financial year 2026.
SEBI eyes lower cost of capital, compliance reforms to boost competitiveness
CEA-led panel to shape impact assessment framework as regulator reviews economic cost of rules
India's NSE appoints Rothschild as independent advisor for IPO
The National Stock Exchange of India on Thursday said that it has appointed Rothschild & Co as an independent advisor to oversee its long-awaited initial public offering.
UK picks HSBC as platform provider for its digital bond pilot issuance
The UK has chosen HSBC's blockchain platform to run the country's pilot issuance of tokenised or digital government bonds, the bank said on Thursday, a move that puts Britain ahead of its G7 peers in exploring blockchain-based sovereign debt.
India bonds rise on short covering after inflation data
Indian government bonds rose on Thursday, as traders unwound their short positions after a January inflation reading that was lower than the market had feared. The 10-year 6.48% 2035 bond yield settled at 6.6833%, compared with 6.7088% on Wednesday.
Housing sales flat at Rs 1.48 lakh cr last yr in 15 tier-II cities, 10pc dip in volumes: PropEquity
Housing sales fell 10 per cent last year across 15 tier-II cities to 1.56 lakh units while remained flat in value terms at Rs 1.48 lakh crore, according to PropEquity.
Hindalco Industries Q3 Results: Cons PAT slumps 45% YoY to Rs 2,049 crore despite 14% revenue uptick
Hindalco Q3 Results: Aditya Birla Group's flagship metal company Hindalco reported a 45% decline in its December quarter consolidated net profit at Rs 2,049 crore compared to Rs 3,735 crore posted in the year ago period.
Spring House sets up 1,200-seater coworking centre in Noida
Realty firm Spring House Workspaces has set up a new co-working centre in Noida, comprising 1,200 desks across 60,000 sq ft area, to meet rising demand of flexible managed office spaces from corporates.
Smartworks rents 1.82 lakh sq ft office space in Mumbai to set up co-working centre
Realty firm Smartworks Coworking Spaces Ltd has taken on lease 1.81 lakh sq ft office space in Mumbai to expand its portfolio amid rising demand for prime workspaces from corporates.
Brokers Call: Hindustan Foods (Buy)
Systematix Institutional Equities
Gainers & Losers: TCS, Vodafone among 6 stocks in limelight on Thursday
Indian benchmark indices closed lower on Thursday, dragged by heavy selling in IT stocks. Nifty and Sensex fell amid AI disruption concerns and fading US rate-cut hopes. Coforge, TCS and Infosys led losses, while Lenskart and Hindustan Copper gained on strong triggers.
Sensex, Nifty, Share Prices: Sensex settled 558.72 points or 0.66% lower at 83,674.92, and Nifty 50 depreciated by 146.65 points or 0.57% to 25,807.20 amid lingering concerns over AI-driven disruption and diminishing expectations of a near-term US Federal Reserve rate cut that dampened investor sentiment.
SAIL, Sharda Cropchem among 4 commodities stocks that hit 52-week high; rally up to 55% in a month
Four commodity stocks SAIL, Sharda Cropchem, Jindal Steel and JSW Steel hit fresh 52-week highs, rallying up to 55% in just one month despite a weak broader market.
Mamaearth Q3 Results: Cons PAT jumps 93% YoY to Rs 50 crore, revenue rises 16%
Mamaearth Q3 Results: The company's revenue from operations stood at Rs 602 crore in Q3FY26, recording a 16% growth versus Rs 518 crore in the October-December period of FY26.
Institutions trim stakes in these 10 largecap stocks in Q3. Are you still holding?
Institutions trimmed stakes in 10 major largecaps in Q3, signalling selective profit-taking and portfolio rebalancing across sectors.
Who imagined this? SBI overtakes TCS, Infosys in Mcap amid PSU banks' turnaround: Gurmeet Chadha
SBI has overtaken TCS and Infosys in market valuea feat unimaginable five years ago, says Gurmeet Chadha. The surge reflects PSU banks sharp turnaround driven by better risk management and digitisation, even as IT stocks face heavy AI-led selling. Nifty IT has dropped 21% in a year, while PSU banks soar.
Multibaggers: 6 stocks held by over 100 MFs in January, surge up to 130% in a year
2 top stock recommendations from Rajesh Bhosale
Indian stock markets are trading in a tight range. The Nifty index is finding it difficult to move past the 26,000 mark. Experts are advising investors to focus on specific stocks. Bajaj Finance and Hero MotoCorp are recommended for buying. Hindustan Unilever's outlook is cautious. Selective stock picking offers opportunities amidst consolidation.
EMS roars with 30% growth: Amber and Syrma lead charge as margins expand, says Praveen Sahay
India's electronics manufacturing sector is booming with 30% growth. Companies like Amber and Syrma are leading the charge. The industry is shifting towards higher-value industrial and automotive products. This trend is boosting profits and creating exciting investment opportunities. Investors are looking for companies with strong order books and margin improvement.
HAL declares first interim dividend of Rs 35 per share, sets record date
Hindustan Aeronautics Ltd (HAL) has announced a first interim dividend of 35 per share for FY26, with February 18, 2026 set as the record date and payment due by March 14. The company also reported strong Q3 results, with consolidated net profit rising 30% year-on-year to 1,867 crore and revenue from operations growing 11% to 7,699 crore.
IT selloff deepens as Sensex drops over 450 points in midday trade
IT stocks faced ongoing selling pressure for the second straight session, with TCS leading the decline, falling 5.35% to 2,754.00
Vodafone Idea shares slips 4% after JPMorgan downgrade; check target, downside
JPMorgan also views Vodafone Ideas target of a threefold increase in cash EBITDA over three years as aggressive, as it assumes market share gains against Bharti Airtel and Reliance Jio, which the brokerage finds uncertain.
US Stocks Today | SoftBank posts fourth straight quarterly profit of $1.6 billion on OpenAI gains
Japan's SoftBank Group said on Thursday it logged a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, boosted by the rising valuation of its investment in OpenAI.
India backs carbon capture push to shield steel exports from EU carbon tax
Minister H.D. Kumaraswamy says subsidies and a domestic carbon market could help secure EU recognition under CBAM, though analysts warn the allocation may offer limited near-term relief.
Pavna Industries reports 297% jump in Q3 profit on strong demand
The Aligarh-based firm signed a memorandum of understanding with the Uttar Pradesh government to invest 250 crore over three to five years for expanding manufacturing capacity
GST rate cut benefits begin reflecting in HUL Q3 numbers: Kaustubh Pawaskar
Hindustan Unilever Ltd (HUL) reported quarterly revenues largely in line with expectations, while its margins surprised investors by exceeding forecasts. This upside in profitability was attributed to improving trends in key segments and the gradual impact of GST rate cuts, offering some comfort amid a challenging consumption environment.
Post-pandemic change: Hindi film viewers now seek diverse content, not just action and spectacle
The 2025 box office report shows a significant change in audience preferences when it comes to Hindi films, with multiple genres scoring big hits and signalling a healthier, more resilient industry.
Kotak Alts secures record 3,900 crore first close for private credit fund
The sector-agnostic fund targets cash-flow-positive assets in mid to large-sized enterprises with strong governance practices
IT stocks TCS, Wipro, Infosys fall 5% as AI disruption fears drag index down
Major IT names led the decline, with Wipro, TCS, Coforge, LTIMindtree, Infosys and Oracle Financial Services Software among the top losers on the index
US visa fee hike to cost $100-250 million for IT companies: Moody's
Moodys estimates that higher US H-1B visa fees could raise costs for Indian IT majors by $100 million to $250 million, or about 1% of revenues. While large firms can absorb the impact due to strong margins and cash reserves, smaller companies may face pressure amid rising AI investments.
Indian benchmark indices fell sharply as stronger U.S. jobs data dampened hopes of near-term Fed rate cuts, triggering a risk-off mood. The Nifty IT index plunged nearly 4%, wiping out Rs 1.3 lakh crore in market value after Anthropics new AI tool stoked fears of deeper disruption across Indias tech sector.
US crude oil imports to India in 2025 likely to hit second highest on record
US crude grades may replace some volumes from West Africa, such as Nigeria, which supplies light sweet crudes such as Bonny Light
Sushovan Nayak sees short-term AI jitters, long-term opportunities for IT giants
Indian IT stocks face pressure from global AI advancements and China's innovation, triggering sentiment-driven selling. While short-term pain is expected, experts believe the sector's long-term fundamentals remain strong due to its implementation and customization expertise in cloud and data services.
TCS m-cap falls below Rs 10 lakh crore as stock hits 52-week low amid Anthropic AI shock
Tata Consultancy Services' stock has plunged, pushing its market value below Rs 10 lakh crore. Fears of artificial intelligence disrupting the IT sector are growing. Stronger-than-expected US jobs data also dampened investor sentiment. This has led to a broad sell-off in the Nifty IT index. Experts suggest the Indian IT sector will continue to face challenges.
New income-tax rules may revive interest in old regime for high-income salaried taxpayers
The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas.
Global Markets: Japan's Nikkei hits 58,000 as yen, JGBs rally on election fallout
Japan's Nikkei share average surpassed 58,000 for the first time. Government bonds and the yen also saw gains. This rally follows Prime Minister Sanae Takaichi's election victory. Markets are reacting to her fiscal policy commitments. Strong earnings and the LDP's win are boosting domestic shares. Investors are watching for potential overheating and profit-taking movements.
US-India trade deal revives FII interest, but AI threat clouds earnings and jobs: Saurabh Mukherjea
Foreign institutional investors are returning to India following the US-India trade agreement, but concerns over earnings growth persist. Artificial intelligence is emerging as a significant risk, impacting jobs and business models, particularly in white-collar industries and IT services, leading to potential consolidation and job reductions.
Bitcoin climbs to $67K as strong US jobs data keeps rate-cut hopes in check
Bitcoin bounced back to $67,000 mark after dipping to $65,000 yesterday. Strong U.S. jobs data reduced expectations of an early interest rate cut. Major altcoins saw mixed movements. Bitcoin and Ethereum experienced slight declines. Institutional demand through ETFs continues to support prices. Investors are watching upcoming inflation data for further market direction.
SBI still offers value, CV cycle looking strong; IT volatility a concern: Neeraj Dewan
Market expert Neeraj Dewan remains constructive on PSU banks, citing strong earnings and reasonable valuations, suggesting SBI is a buy-on-dips opportunity. He is optimistic about the commercial vehicle sector due to improving capex trends. However, Dewan advises caution on the IT sector due to volatility and potential structural impacts from AI.
India bonds dip as US yields rise; inflation data awaited
Indian government bonds saw a slight dip early Thursday. This move followed a rise in U.S. Treasury yields. Investors are now keenly awaiting India's inflation data later today. The 10-year bond yield is expected to hover around 6.75% levels. This comes after stronger than expected U.S. jobs numbers. India's consumer inflation is projected to reach 2.4% in January.
US Stocks Today | Ackmans Pershing Square bets big on Meta, exits Hilton on AI optimism
Bill Ackmans Pershing Square has taken a major new position in Meta, investing $2 billion on the confidence that AI adoption will unlock long-term value. The hedge fund exited Hilton, arguing Meta remains undervalued despite recent volatility, and sees AI boosting recommendations, advertising efficiency and future engagement across Metas platforms.
Beyond the comfort of groups: Why individual health insurance still matters
Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.
Gold slips on firmer dollar after strong US jobs data
Gold down 0.3% after more than 1% gain on Wednesday
HUL Q3 Results: Cons PAT drops 30% YoY to Rs 2,118 crore; revenue rises 6% YoY
HUL Q3 Results: The companys revenue from continuing operations stood at Rs 16,441 crore, up 5.6% YoY from Rs 15,556 crore in the corresponding quarter of the previous financial year, HUL said in a regulatory filing.
The Federal Reserve held policy rates steady in January, citing a resilient labor market and inflation above its 2% target. This decision revealed a split within the FOMC, with some officials prioritizing growth and employment concerns while others emphasize continued vigilance against persistent inflation before considering further rate cuts.
Lenskart shares jump 13% after blockbuster Q3 earnings
The stock reached a 52-week high of 527.30 on the NSE in early trading and was at 510.10 at 10 am, up from the previous close of 467.60
Rs 1.3 lakh crore shock! Why TCS, Infosys, other IT stocks fell up to 5%
Indias IT sector plunged on Thursday as the Nifty IT index fell over 4%, erasing Rs 1.3 lakh crore in market value amid AI-driven disruption fears. TCS, Infosys and Wipro hit fresh lows as Anthropics new automation tools triggered panic selling, widening concerns over shrinking moats, pricing pressure and weakening global demand.
Crude oil futures gain as markets monitor US-Iran developments
Total motor gasoline inventories increased by 1.2 million barrels from last week, and distillate fuel inventories decreased by 2.7 million barrels last week
Rupee rises 38 paise to 90.40 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 90.55 against the US dollar, then gained momentum and touched 90.40, registering a rise of 38 paise over its previous close
LG Electronics India shares tumble over 8% after weak Q3
The stock fell over 8% to 1,392 in early trading and was down 3% at 1,479.80 by 9:47 am, compared to the previous close of 1,518.80
Shriram Finance stands out as Niftys only multibagger in a year. Can the party continue?
Shriram Finance has doubled investors wealth over the past year, outperforming the Nifty and hitting fresh 52-week highs. Trading well above key moving averages, the stock remains in an uptrend, supported by strong AUM growth, steady asset quality and upbeat brokerage targets, further boosted by MUFG Banks proposed 20% stake purchase.
Januarys stronger-than-expected U.S. payroll gains give the Federal Reserve room to keep rates steady, even as major revisions reveal that job growth nearly stalled through 2025. With unemployment edging down and productivity rising, policymakers remain cautious, balancing firmer recent data against concerns about a weakening labor market and delayed rate cuts.
AI won't kill IT services: Ashi Anand on why market overreacted to tech selloff
Indian IT services stocks have seen a significant selloff driven by AI concerns. However, experts believe AI will enhance efficiency and boost profit margins, not harm the sector. Platform companies are highlighted as a decade-long opportunity. The jewellery sector shows strong consumer demand. Current IT valuations offer attractive entry points for investors.
Indian gems and jewellery sector lauds India-US Interim Trade Agreement
Exporters anticipate sharp recovery in volumes as cost of doing business with US drops significantly
High gold prices: Should you buy jewellery, jewellery stocks or just the yellow metal?
Gold prices have surged, nearly doubling in the past year, with a 60% year-on-year rise in the December quarter. While festive demand remained strong, driven by consumers locking in prices, jewellery volumes dropped significantly.
Q3 Results Today, 12th Feb 2026 Live Updates: Find all the latest Q3 results 2026 updates
Is the $21 billion FII exodus ending? One major risk still stands in the way
Foreign institutional investors are cautiously returning to Indian stocks after a significant exodus, driven by a strengthening rupee and an interim trade deal with the US. However, a sustained comeback hinges on improving corporate earnings, which have remained a concern, posing a key risk to continued foreign inflows.
Gold and silver futures opened lower on Thursday as a stronger US dollar, fueled by robust jobs data, dampened interest rate cut expectations. Investors now await US inflation figures for Federal Reserve policy clues. Experts advise buying gold and silver on dips, citing near-term volatility due to dollar fluctuations and geopolitical tensions.
Divi's Laboratories among 5 stocks showing bullish RSI upswing
RSI trending up means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock price.
Global Market Today: Japan's Nikkei rises past 58,000 for first time on Takaichi trade
The benchmark Nikkei 225 Index was up 0.4% at 57,874.61 after rising as high as 58,015.08 earlier in the day, as trading resumed after a holiday. So far in 2026, the Nikkei has surged 15%. The broader Topix climbed 0.8% to 3,884.16 on Thursday.
Banking, auto lead earnings surprise; consumer durables show early recovery signs: Amit Premchandani
India's banking and auto sectors are exceeding expectations, with loan growth reviving and vehicle sales accelerating. Consumer durables show promising signs of a turnaround, poised to benefit from real estate deliveries. Urban consumption is also picking up, particularly in discretionary items. UTI Mutual Fund is targeting underpenetrated sectors for investment.
Rupee bias mildly on upside after limited impact from US payroll surprise
The 1-month non-deliverable forward indicated the rupee will open in the 90.66-90.70 range versus the US dollar, having settled 0.14% weaker at 90.70 on Wednesday
Infosys, Wipro shares down 2-3% as US-listed ADRs tumble up to 5%
Indian IT stocks like Infosys and Wipro saw significant drops following a sharp decline in their US ADRs. Investor concerns are mounting over AI's potential to disrupt legal services and other sectors, leading to fears of increased competition and margin pressure for IT firms.
Indian government bonds may surrender some recent gains as US yields rebound after jobs data
The 10-year benchmark 6.48% 2035 bond yield is likely to move in the range of 6.70%-6.75%, according to a trader with a private bank
As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.
Patanjali Foods shares in focus as Q3 net profit jumps 60% YoY to Rs 594 crore
Shares of Patanjali Foods drew attention after the company reported robust Q3FY26 results, with profit and revenue rising sharply. FMCG and edible oil segments delivered broad-based growth, margins remained stable, and exports expanded. Management expects a strong FY26 finish, supported by macro tailwinds, easing inflation, resilient rural demand, and nationwide GST-related consumption boosts.
