Canara Bank plans to raise Rs 4,000 crore via tier-2 bonds
In a strategic move, Canara Bank will raise ₹4,000 crore through tier-2 bonds by the end of March, aiming to support a promising 13% increase in fiscal year advances. With board approval for a more ambitious fundraising strategy, the bank also plans to reinvest profits to boost its expansion efforts.
A ‘non-event Budget’ for stock market: Is that good news for Nifty which fell 1,000 points in January?
As Budget 2026 approaches, analysts expect a low-impact event for equities amid muted expectations. With Nifty already down sharply in January, a non-event Budget may help stabilise sentiment rather than trigger volatility in a cautious, range-bound market.
Stock Market Holiday: Are NSE, BSE and MCX open for trading on Sunday for Budget 2026?
Indian stock markets NSE and BSE, along with MCX and NCDEX, will remain open on Sunday, February 1, for Budget 2026. Investors can trade during live sessions as the Finance Minister presents the Budget, enabling real-time market reaction amid cautious sentiment and muted expectations.
Oil hovers near six-month high as investors track US-Iran tensions
Oil prices held near six-month highs Friday, nudged by lingering U.S.-Iran tensions, though gains paused amid prospects of dialogue and a potential ceasefire. While U.S. sanctions were issued, a stronger dollar and rising crude output also pressured prices. Analysts anticipate prices to hover around $60 this year, balancing oversupply fears with geopolitical risks.
US stocks fall, as investors fret over Trump’s Fed nominee, earnings, inflation
Wall Street indexes closed lower Friday as investors reacted to President Trump’s nomination of Kevin Warsh to lead the Federal Reserve, viewing it as a hawkish choice. Concerns over inflation, potential government shutdown, and mixed earnings reports also weighed on the market. The Dow, S&P 500, and Nasdaq all saw declines.
Wall Street Week Ahead: Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Investors brace for a significant week as major companies like Alphabet and Amazon release earnings. A key US jobs report is also due. Following Microsoft’s earnings miss, market watchers are keen to see if other tech giants can meet high expectations. The Federal Reserve’s stance on interest rates will also be closely observed.
Rupee at Nadir But RBI Keeps it from Cliff Edge
The Indian rupee faced a turbulent Friday, marking a grave closing low and inching closer to 92 against the dollar. However, the Reserve Bank of India’s prompt measures acted as a safety net, preventing it from breaching this crucial milestone before the weekend’s budget.
NTPC Q3 Results: Cons PAT jumps 8% YoY, revenue rises 2%; Rs 2.75/share dividend announced
NTPC posted over 8% growth in December-quarter profit on modest revenue gains and lower expenses, with sequential improvement in earnings. The state-run power major also declared a second interim dividend for FY26.
Sebi removes letter of confirmation requirement, allows direct credit of securities to demat accounts
The Securities and Exchange Board of India, SEBI, is simplifying investment processes. A Letter of Confirmation for credit of securities will no longer be required. Instead, securities will be directly credited to investors’ demat accounts. This change aims to speed up the process significantly. The new system will be effective from April 2, 2026.
Sebi approves 7 IPOs in one go as listing pipeline builds up for 2026. Check details
Sebi has cleared seven IPOs, signalling a strong start to the 2026 listing pipeline. Approvals include HD Fire Protect, Xtranet Technologies, Parijat Industries, Rotomag Enertec, CSM Technologies, Eldeco Infrastructure and AITMC Ventures, with issues spanning fire safety, IT services, real estate, energy solutions and diversified manufacturing.