Full replacement of Russian crude appears infeasible in near term, says Moody’s Analytics
India has agreed to phase out its imports of Russian crude oil and replace them with US and Venezuelan crude, according to US officials | Photo Credit: iStockphoto Moody’s Analytics has emphasised that turning away from Russian oil will push up domestic energy prices. However, an immediate halt of the geopolitically-sensitive commodity by New Delhi […]
Mcap of 6 of top-10 valued firms erodes by ₹3 lakh cr; TCS, Infosys biggest laggards
Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Infosys, and Life Insurance Corporation of India. The combined market valuation of six of the top 10 valued firms eroded by more than ₹3 lakh crore last week, […]
PhonePe sharpens lending, insurance play ahead of IPO as segment drives growth
PhonePe, which built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, is leveraging payments as a distribution layer rather than a primary revenue engine. | Photo Credit: SAMYUKTA LAKSHMI Walmart-backed fintech major PhonePe is sharpening its financial services play ahead of its proposed public listing, as lending and insurance […]
From software to real estate, US sectors gripped by AI scare trade
Wall Street is grappling with mounting fears that rapid advances in artificial intelligence could disrupt multiple industries, triggering a sweeping stock selloff. The downturn began in software stocks but quickly spread to financial brokerages, data analytics firms, insurers, real estate services and logistics companies. | Photo Credit: Brendan McDermid/Reuters Wall Street is in the grip […]
Stock Market Live Feb 13: Sensex down nearly 800 points, Nifty slips below 25,560 amid IT selloff
Q3 Results 13th Feb Live: Torrent Pharma, Siemens Energy, Alkem Lab, Fortis Healthcare, Ipca Lab, KFin Tech, BASF, Tilaknagar Ind, Azad Engineering, Shakti Pumps to announce Q3 results, HAL, HUL, Hindalco, ONGC, IRCTC, Coal India, Lupin, Muthoot, Vedant Fashions, Biocon shares in focus Q3 Results Today, 13th Feb 2026 Live Updates: Find all the latest […]
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 […]
