TCS, Wipro, Infosys stocks fall 5% as AI fears drag Nifty IT index down
IT stocks came under heavy selling pressure on Thursday in line with Wall Street peers. The Nifty IT index declined sharply by 5.5 per cent as investor concerns mounted over the potential impact of artificial intelligence-led disruption on software services earnings, as the new advanced AI models could automate several traditional IT services, potentially impacting […]
Stock Market Live Feb 12: Sensex, Nifty likely to open steady as investors eye US trade deal and corporate earnings
On Feb 11, the Auto and Auto Ancillaries space delivered a strong positive breakout. The BSE Auto index surged, with multiple stocks hitting fresh 52-week highs or all-time highs amid robust Q3 earnings, improving demand (especially rural & CV), premiumization trends, EV adoption, and regulatory tailwinds on safety & emissions. This isn’t random. India’s auto […]
Broker’s Call: Star Cement (Buy)
Target: ₹295 CMP: ₹219.20 Star Cement reported healthy growth across financial parameters led by robust year-on-year volume growth of 21.5 per cent. Revenue/EBITDA/PAT grew 22.4 per cent/94.3 per cent/720.3 per cent to ₹880 crore/₹203 crore/₹74 crore respectively. PAT saw significant jump, primarily on low base, from about ₹9 crore to ₹74 crore. The company’s capex […]
Govt to sell up to 5% in BHEL at ₹254/share; OFS opens Wednesday
The government holds 63.17 per cent in BHEL. | Photo Credit: SHIV KUMAR PUSHPAKAR The government will sell up to 5 per cent stake in Bharat Heavy Electricals Ltd (BHEL) via an offer-for-sale (OFS) beginning on Wednesday at a floor price of ₹254 a share. “Government offers to disinvest 3 per cent equity in the […]
BSE shares surge 5% as brokerages raise target price on strong Q3 performance
FILE PHOTO: A man walks out of the Bombay Stock Exchange building in Mumbai | Photo Credit: HEMANSHI KAMANI BSE Ltd shares jumped 5.17 per cent to ₹3,139.30 in morning trade on Monday, extending gains after the stock exchange operator reported better-than-expected third-quarter results on the last trading day. The stock touched a fresh 52-week […]
Q3 Results 09th Feb Highlights: BSE, Zydus Lifesciences, Aurobindo Pharma, Linde India, Axiscades Tech, GlaxoSmithKline Pharma, Navin Fluorine Intl, Cholamandalam Financial Holdings, Ramco Cements, Amber Enterprises, Trident, Graphite India, Bata to announce Q3 results
Q3 Results Today, 09th Feb 2026 Highlights: Find all the latest Q3 results 2026 updates here Source link
Rupee could strengthen in near-term on back of India-US trade deal
Analyst says the 89.80–90.00 zone has now emerged as a strong support base for the rupee against the US dollar. The rupee could find short-term support in the wake of India and the US reaching a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade, with market experts seeing the Indian currency strengthening […]
IPO-bound PhonePe targets growth in payments, merchants, new platforms
Walmart-backed PhonePe, which aims to float its initial public offering (IPO) in April, plans to deepen its presence in India’s digital payments market while expanding into financial services and new consumer platforms. In its draft papers, the company said digital payments will remain the core driver of growth, supported by investments to expand its user […]
SBI’s wealth management service AUM to grow to ₹15 lakh crore by 2030: Chairman Setty
State Bank of India (SBI) Chairman Challa Sreenivasulu Setty State Bank of India (SBI) is expecting the assets under management (AUM) of its wealth management business to grow almost five times to ₹15 lakh crore by 2030 from ₹2.83 lakh crore as at March-end 2025 in the wake of increasing financialisation of savings. Challa Sreenivasulu […]
Never say die attitude, not for naive F&O retail investors
F&O trading is a zero-sum game in which one participant’s loss is another’s gain Year 2026 is going to be even more challenging for F&O (futures & Options) traders, apart from routine known risks. While presenting the Budget on February 1, Finance Minister Nirmala Sitharaman announced an increase in the securities transaction tax (STT), stating […]