IndiGo shares trim most of early losses, end nearly 1% lower
Shares of InterGlobe Aviation ended nearly 1 per cent lower on Thursday after the Competition Commission ordered a detailed probe against IndiGo for unfair business practices.
RVNL Q3 Results: Profit rises 4% YoY to Rs 324 crore; co declares Rs 1 dividend
RVNL posted modest Q3FY26 profit growth despite weak margins, as expenses rose faster than revenue. Net profit increased 4% year-on-year to Rs 324 crore, while revenue grew 3%. Higher project costs kept profit before tax largely flat during the quarter.
Blackstone appoints bankers for Piramal Glass IPO
Blackstone is preparing PGP Glass for a public listing. Axis Capital, Bank of America, and HSBC are appointed as lead bankers. The company aims to raise between $400 million and $500 million. PGP Glass is a global specialist in glass packaging solutions. It serves customers in cosmetics, spirits, and pharmaceuticals. The company has operations in […]
MF Tracker: Can this 3 and 5 year top performer PSU fund extend its winning streak?
SBI PSU Fund has emerged as the top performing equity mutual fund over three and five years, riding a strong rally in public sector stocks. Experts assess whether earnings momentum, sector re rating and government support can sustain returns amid post Budget 2026 volatility and rising valuation concerns.
Hindustan Copper Q3 Results: Cons PAT soars 149% YoY to Rs 156 crore; interim dividend declared
Hindustan Copper Q3 Results: Hindustan Copper reported a 149% YoY jump in Q3 net profit to Rs 156 crore, with revenue doubling to Rs 687 crore. Sequentially, profit dipped 16% on softer topline. The company declared a Re 1 interim dividend with February 13 as the record date for the payout.
No immediate steps planned to regulate equity derivatives: Tuhin Kanta Pandey
Sebi chairperson Tuhin Kanta Pandey stated no immediate regulations are planned for equity derivatives, with the current framework to continue. He also indicated that a US-India trade deal would boost investments by removing regulatory overhang and trade frictions. Separately, Sebi proposed exempting market makers’ algorithmic orders from penalties under the order-to-trade ratio framework.
Sebi to ease ‘fit and proper person’ criteria
Sebi proposes to revise ‘fit and proper person’ criteria for market intermediaries, including stockbrokers, to ease compliance burdens. The regulator suggests removing automatic disqualification upon filing of an FIR or charge sheet in economic offense cases, advocating for case-by-case assessment of conduct and investor risk.
Motilal Oswal urges balanced portfolio mix as India-US trade deal lifts sentiment
Motilal Oswal Private Wealth recommends a balanced investment strategy, suggesting 50% allocation to large-cap and hybrid funds, 40% to mid and small-caps, and 10% to global markets. Investors are advised to make immediate lump-sum investments in large caps and hybrids, while staggering mid and small-cap allocations over the next few months. Partial profit-booking in silver […]
IT companies tumble on Anthropic shock; some feel its a short alarm
Indian IT stocks saw a significant fall on Wednesday. This decline followed a sell-off in US counterparts after Anthropic launched new AI tools. Market watchers fear these automation tools could replace outsourced IT services, potentially pressuring margins for Indian IT firms. Experts suggest long-term investors monitor deal trends for AI’s impact.
Asian stocks fall after tech selloff, gold gains
Asian stocks mirrored Wall Street’s tech sell-off, with South Korea’s Kospi leading losses amid concerns over high valuations and spending. While tech giants like Alphabet and Arm Holdings saw declines, futures for US gauges rose, suggesting easing selling pressure. Gold and silver advanced, continuing their rebound from a recent plunge.