The Economic Times

AWL Agri Business Ltd, formerly known as Adani Wilmar, on Tuesday posted 35 per cent drop in consolidated net profit at Rs 269 crore for December quarter 2025-26 on higher expenses.

JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters, as the bank looks to satisfy a growing appetite for riskier and more diversified high-yield debt.

Indus Towers expects revenue growth from 5G expansion, rising data usage and overseas forays in Africa and the UAE. Management said customer payment issues have stabilised, tenancy additions are improving, and long-term tower demand remains strong despite moderated rollout pace.

A surge in the price of gold is driving demand for so-called tokenized gold, a fast-growing niche of the digital asset market, which experts warn carries custody and regulatory risks that are not always apparent to investors.

Indian mutual funds will likely continue selling government bonds, after record sales in January, as demand-supply dynamics outweigh U.S. trade-deal optimism for debt investors, according to five fund managers.

Indian government bonds rose on Tuesday after the U.S.-India trade-pact sparked fresh buying, but gains were capped as the news created a rare opportunity for profit-taking in a supply-heavy market.

The number of Global Capability Centres (GCCs) in India is estimated to rise to about 2,400 by 2030 while their market size is projected to reach USD 110 billion, according to a report by FIICI and Anarock.

Realty firm TREVOC Group has partnered with Canonicus Capital to set up a Rs 500 crore last-mile funding and execution platform for near-completion real estate projects in Delhi-NCR.

Indian markets surged after the India-US trade deal boosted investor sentiment across sectors. Reliance, HDFC Bank, Adani stocks and chemicals led gains, while select stocks like PB Fintech and Bharat Coking Coal lagged despite broader market strength.

The India-US trade truce calms markets with tariff relief, but Trumps terms suggest steep concessions for India on energy, imports and geopolitics. Unclear safeguards, leverage-linked tariffs and silence on services raise concerns over an imbalanced, America-first agreement.

Bajaj Finance Q3 Results: Bajaj Finance on Tuesday reported a 6% year-on-year (YoY) decline in its consolidated net profit for the third quarter at Rs 4,066 crore. The drop in bottomline was mainly due to an accelerated ECL provision and one-time charge of new labour codes.

The IndiaUS trade deal has restored market confidence, improving exporter sentiment through tariff clarity and a more competitive rupee, says JPMorgans Sanjay Mookim. While the policy shift boosts manufacturing prospects, he cautions that earnings upgrades wont be automatic and maintains that large-caps remain a safer strategic bet than small-cap exporters.

Bharat Coking Coal posted a Q3FY26 net loss as revenue fell sharply year-on-year. Sequential improvement, lower expenses and post-IPO interest offered some relief, though shares slipped on weak earnings despite broader market strength after strong listing and heavy investor demand.

A sharp rally in Indian equities pushed the Sensex up nearly 2,072 points, lifting market sentiment. The broader momentum drove six BSE 100 stocks to fresh 52-week highs, signalling strong bullish momentum. Such breakouts are seen as positive technical indicators, suggesting potential for further upside in select frontline stocks.

Gold and silver surged on Tuesday, marking their strongest single-day rebound since last weeks historic sell-off. Gold rose above Rs 1,51,000, while silver also recovered sharply. Analysts attribute the bounce to technical oversold conditions, short covering, and safe-haven demand, with US economic data and Fed policy likely to influence near-term volatility.

Thirteen NSE midcap companies reported record quarterly net profits over the past ten quarters, reflecting strong earnings momentum, operational improvements and favourable market conditions. The trend highlights improving fundamentals, supports investor confidence and signals the potential for sustained growth across select midcap stocks.

Chemical stocks surged as the US-India trade deal lowered export tariffs to 18%, boosting margins, volumes and competitiveness. Brokerages cite operating leverage, China-plus-one benefits and rupee strength as key drivers supporting a sharp sector-wide rally.

Reliance and Adani Group stocks surged after the India-US trade deal slashed tariffs and opened access to Venezuelan crude, triggering a massive short-covering rally. Adani Group firms emerged as the top gainers, while Reliance stands to benefit from heavier crude imports. Analysts say improved trade clarity could revive FPI flows and strengthen market sentiment.

India's Varun Beverages reported a higher quarterly profit on Tuesday as higher sales volumes and lower borrowing costs supported margins, sending shares up 4.9% in afternoon trade.

Indias listed REITs and InvITs surged in 2025, outperforming Nifty50 and G-Secs. REITs led on leasing-driven yields, power InvITs stayed resilient, while road InvITs lagged. Strong cash flows and rate dynamics reinforced trusts as preferred yield investments for investors nationwide.

Adani Enterprises Q3 Results: Adani Enterprises reported a 97 times jump in its December quarter consolidated net profit at Rs 5,627 crore compared to Rs 58 crore reported in the year ago period. The profit after tax (PAT) includes one time gain of Rs 5,632 crore on AWL stake sale.

Jefferies revamped its India model portfolio after the India-US trade deal, boosting metals, adding Eternal, and trimming IT, while flagging auto ancillaries, chemicals, textiles, renewables and Adani Group firms as key beneficiaries of lower US tariffs.

Euro zone government bond yields rose on Tuesday, taking the lead from U.S. Treasuries as markets assessed how Kevin Warsh, tapped to be the next Federal Reserve chair, could shape the Fed's policy trajectory.

Aditya Birla Lifestyle Brands Ltd has reported a 14.42 per cent year-on-year increase in its consolidated net profit to Rs 69.01 crore for the December quarter of FY26.

Fintech firm One Mobikwik clocked a consolidated profit of Rs 4 crore for December quarter 2025 as compared to loss a year ago, mainly on account of reduction in payment processing charges, lending operational business and cost optimization.

European shares hit a record high on Tuesday, as a global rout in commodity markets appeared to stabilize, while the focus shifted to corporate earnings from the likes of Amundi and Siltronic.

The Indian stock market surged, nearing all-time highs following the announcement of a significant India-US trade deal. This agreement, which includes tariff reductions on Indian imports, is expected to boost exports, accelerate corporate earnings, and strengthen the rupee, signaling the start of a potential economic boom.

Adani Ports Q3 results: The company's revenue from operations stood at Rs 9,704 crore in Q3FY26, up 22% over Rs 7,963 crore posted in the corresponding period of the last financial year.

The Union Budget 2026 brings new tax rules for investors and businesses. Accident compensation interest is now tax-free. Retail investors will see simpler Form 15G/15H filings. Small businesses get an extended tax deadline. Dividend income deductions are withdrawn. Sovereign Gold Bond tax benefits are restricted. Share buybacks are now taxed as capital gains, benefiting individual investors.

Japan's Nikkei share average climbed nearly 4% to close at a record high on Tuesday, rebounding from a decline posted in the previous session, after the sell-off of precious metals paused.

Reliance Industries shares rose after a new IndiaUS trade deal cut tariffs to 18% and opened the possibility of Venezuelan crude resuming to India. Reliances heavy crude processing capacity positions it as a key beneficiary amid shifting global oil sourcing.

Veteran investor Ashish Kacholia sees Indias smallcap bear market ending after the India-US trade deal. Following tariff cuts and clarity on trade ties, Indian equities, the rupee, and bonds rallied sharply, with the Nifty surging up to 5%, highlighting renewed investor confidence and potential inflows into smallcap and midcap stocks.

Eternal shares surged9% after global brokerage Jefferies added it to its India model portfolio, citing strong growth and improving margins. Jefferies highlighted Eternal's quick commerce success and set a street-high target price, anticipating significant upside. The company's Q3 results showed robust profit and revenue growth, with food delivery demand recovering.

Former RBI Deputy Governor R Gandhi backs the Union Budget 2026's long-term economic vision. He highlights tax stability as key for investor confidence. Gandhi also explains the Securities Transaction Tax hike aims to curb speculation, not hinder price discovery. This approach supports India's Viksit Bharat 2047 goals, fostering a sustainable investment climate.

Power Grid shares rose sharply, extending their two-day rally after the PSU raised its FY26 capex and capitalisation guidance. Strong Q3 results, higher government investment plans, and bullish technical indicators have boosted investor sentiment, with the stock trading above key moving averages and showing further upside potential.

Former Finance Minister P Chidambaram has strongly criticized the Union Budget 26. He stated the budget lacks a clear economic strategy. Key concerns include India's manufacturing sector remaining stagnant, a persistent unemployment crisis, and a slow pace of fiscal consolidation. Chidambaram also pointed out a significant cut in capital expenditure and a widening trade deficit with China.

Zerodha's trading platform Kite experienced significant disruptions on Tuesday, with users reporting forced logouts, login failures, and inaccurate portfolio data. These issues occurred during a period of heightened market activity, preventing traders from capitalizing on a sharp rally in Indian equities following an India-US trade deal. Zerodha acknowledged the problems and stated its teams were investigating.

Cryptocurrencies are showing signs of recovery after a sharp weekend decline. Bitcoin has stabilized near $78,800, while Ethereum and several major altcoins have seen significant gains. The global cryptocurrency market capitalization has also increased. Experts note that thin liquidity and global macro developments influenced recent price movements. Sentiment remains cautious, but buyers are defending lower levels.

A landmark India-US trade deal has sent the Sensex and Nifty soaring. This agreement is expected to bring back foreign institutional investors, reversing significant outflows. Several sectors, including auto ancillaries, chemicals, textiles, and IT services, are poised to benefit. The deal enhances earnings visibility and strengthens India's position as a safe haven.

Bajaj Housing Finance shares rose sharply on Tuesday after the company reported a strong Q3 show. Its net profit soared 21% YoY to Rs 665 crore, signalling strong growth momentum. Strong NII growth, a 23% rise in AUM, and robust asset quality supported sentiment, though technical indicators pointed to cautious short-term momentum.

Trent is poised for a strong December quarter. Brokerages anticipate robust revenue and profit growth. Investors will focus on demand trends and store productivity. Commentary on margins will also be crucial. The Tata Group company will announce its Q3 earnings soon. Analysts have provided their estimates for key financial metrics.

Indian government bonds rallied early Tuesday following a U.S.-India trade deal, sparking hopes of increased foreign inflows due to a stronger rupee. However, profit-taking limited major moves as investors await the central bank's monetary policy decision. The benchmark 10-year bond yield eased after being pressured by high borrowing projections.

Adani Group shares surged up to 13% on Tuesday, led by Adani Green and Adani Enterprises, following the announcement of a trade deal between PM Modi and US President Trump.

India and the US have finalized a significant trade deal, slashing tariffs on Indian exports to the US from 50% to 18%. This agreement has boosted renewable energy stocks like Waaree Energies and Premier Energies, with analysts expecting improved competitiveness and demand for Indian products in the US market.

Aditya Birla Capital and Aditya Birla Housing Finance approved a Rs 2,750-crore capital infusion from Advent Internationals Indriya entity, valuing ABHFL at Rs 19,250 crore. The funding will support its rapid AUM growth, strong asset quality and expansion plans as Indias housing finance sector benefits from structural policy tailwinds and rising demand.

Following the Union Budget 2026, Choice Equity Broking identifies four stocks exhibiting improved technical structures and trend stabilization. These picks, including Varun Beverages, Power Finance Corporation, Data Patterns, and Larsen & Toubro, show potential trading opportunities based on breakouts and supportive indicators.

India's financial markets surged Tuesday following a trade deal that slashed U.S. tariffs on Indian goods. The Nifty 50 index jumped nearly 5%, and the rupee climbed over 1% against the dollar. This development is expected to alleviate investor concerns and attract foreign capital back into Indian assets.

Indias trade truce with the US has prompted Jefferies to rejig its India model portfolio, boosting metals and adding US-exposed beneficiaries while paring IT. Lower US tariffs make Indian exports more competitive, aiding autos, chemicals, textiles, solar and Adani Group companies, with portfolio shifts favouring Hindustan Zinc, JSW Steel and Eternal.