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Debaroti Adhikary

Senior Sub Editor, Moneycontrol

Q3 results impact: LIC soars 8% on higher new business value, margins; Kaynes Tech falls 8% as profit misses estimates

BUSINESS

Q3 results impact: LIC soars 8% on higher new business value, margins; Kaynes Tech falls 8% as profit misses estimates

LIC shares jumped around 8 percent to hit a 11-week high of Rs 905 apiece. Kaynes Tech shares meanwhile plunged nearly 8 percent to Rs 3,337 apiece, extending losses for the second day.

Bank Nifty below 60,000 after RBI rate decision; IndusInd, PNB lead losses: Check key trading levels

BUSINESS

Bank Nifty below 60,000 after RBI rate decision; IndusInd, PNB lead losses: Check key trading levels

While announcing the decisions taken during the MPC meeting, RBI Governor Sanjay Malhotra said that the central bank has decided to maintain status quo on the repo rate at 5.25% and retain stance at 'Neutral'.

IT stocks fall for 3rd day as AI jitters deepen; Coforge, TCS decline up to 4%

BUSINESS

IT stocks fall for 3rd day as AI jitters deepen; Coforge, TCS decline up to 4%

Jefferies said Anthropic’s Cowork plug-ins highlight how AI could erode application services revenue, which accounts for 40–70% of IT firms’ topline.

Silver ETFs tumble up to 8% as white metal falls below $70; gold ETFs down 3%: What lies ahead?

BUSINESS

Silver ETFs tumble up to 8% as white metal falls below $70; gold ETFs down 3%: What lies ahead?

A dramatic unwind which hit gold and silver markets recently has erased a chunk of their record breaking January gains.

Q3 Results impact: Suzlon Energy shares fall 6%, Godrej Properties down 4% after revenue drops 49%

BUSINESS

Q3 Results impact: Suzlon Energy shares fall 6%, Godrej Properties down 4% after revenue drops 49%

Suzlon Energy reported a 15% YoY rise in consolidated net profit to Rs 445.28 crore for the third quarter of the ongoing financial year 2026.

Bank Nifty falls below 60k a day ahead of RBI MPC rate decision; IndusInd, Kotak lead losses: Check key trading levels

BUSINESS

Bank Nifty falls below 60k a day ahead of RBI MPC rate decision; IndusInd, Kotak lead losses: Check key trading levels

Nifty Bank: The banking index had gained more than 3% in the past three sessions.

Infosys, HCLTech, other IT stocks extend decline led by Anthropic's AI tool; Jefferies sees 'more pain ahead'

BUSINESS

Infosys, HCLTech, other IT stocks extend decline led by Anthropic's AI tool; Jefferies sees 'more pain ahead'

IT stocks: Jefferies sees 'more pain ahead' for IT sector as Anthropic’s Cowork plug-ins highlight how AI could erode application services revenue, which accounts for 40–70% of IT firms’ topline.

QSR stocks: Devyani up 9% despite wider Q3 loss; Westlife Foodworld jumps 11% post-Dec quarter results; here's why

BUSINESS

QSR stocks: Devyani up 9% despite wider Q3 loss; Westlife Foodworld jumps 11% post-Dec quarter results; here's why

Devyani International, which operates KFC and Pizza Hut outlets in India, saw its shares rally around 9% to a three-week high.

Hindustan Zinc, Vedanta, NALCO, other metal stocks tumble up to 7%: Here are 3 reasons

BUSINESS

Hindustan Zinc, Vedanta, NALCO, other metal stocks tumble up to 7%: Here are 3 reasons

The Nifty Metal index fell nearly 3 percent to 11,726 in the early trading hours of Thursday, snapping a three-day gaining streak.

Silver ETFs drop up to 18% as white metal's futures drop 11% on MCX; gold ETFs down 5%

BUSINESS

Silver ETFs drop up to 18% as white metal's futures drop 11% on MCX; gold ETFs down 5%

This came after gold and silver prices were rebounding for the last two sessions following a sharp slump earlier.

Tata Power Q3 Results: Net profit declines 25% to Rs 772 crore, revenue falls 9%

BUSINESS

Tata Power Q3 Results: Net profit declines 25% to Rs 772 crore, revenue falls 9%

The company reported an one-time exceptional expense of Rs 78 crore due to the new labour codes which took effect last year.

Q3 Results impact: Bharat Coking Coal, Kansai Nerolac Paints shares fall up to 7%, Sheela Foam rallies 20%

BUSINESS

Q3 Results impact: Bharat Coking Coal, Kansai Nerolac Paints shares fall up to 7%, Sheela Foam rallies 20%

Bharat Coking Coal on February 3 reported a net loss of Rs 23 crore for the October-December quarter of the ongoing FY26, as against a net profit of Rs 425 crore in corresponding quarter of the previous financial year.

Sigachi Industries shares rally 20% after CEO gets bail in factory blast case

BUSINESS

Sigachi Industries shares rally 20% after CEO gets bail in factory blast case

Sigachi Industries share price: After hitting a 52-week high of Rs 59.59 apiece in June last year, the stock tumbled more than 68% in around eight months to hit a fresh 52-week low of Rs 18.92 apiece day before yesterday.

SaaSapocalypse: What about Anthropic's new AI tool is spooking investor sentiment towards software firms?

BUSINESS

SaaSapocalypse: What about Anthropic's new AI tool is spooking investor sentiment towards software firms?

The software collapse has broadened with 'nowhere to hide' as the AI rate-of-change has extrapolated in both 'logical and illogical ways', said JPMorgan.

Info Edge, eClerx, other BPO stocks plunge up to 10% after Anthropic's new AI tool launch

BUSINESS

Info Edge, eClerx, other BPO stocks plunge up to 10% after Anthropic's new AI tool launch

This comes amid a broader tech selloff triggered by Anthropic’s launch of a new legal AI tool.

IT stocks fall up to 8%: How big a threat is Anthropic's AI tool for Indian IT firms? Here's what analysts say

BUSINESS

IT stocks fall up to 8%: How big a threat is Anthropic's AI tool for Indian IT firms? Here's what analysts say

The Nifty IT index was down more than 7% to record its worst day since March 2020. Infosys and LTI Mindtree shares plunged more than 8% each.

Gold, silver ETFs surge up to 9% as precious metals extend rebound: What lies ahead?

BUSINESS

Gold, silver ETFs surge up to 9% as precious metals extend rebound: What lies ahead?

Despite the ongoing rebound, gold and silver, along with their respective ETFs are yet to scale back to their lifetime highs which they hit in late January this year.

Strong market debut: Accretion Nutraveda shares list at 48% premium to SME IPO price

BUSINESS

Strong market debut: Accretion Nutraveda shares list at 48% premium to SME IPO price

The company debuted with a market capitalization of Rs 144.80 crore.

Infosys, TCS, other IT stocks plunge up to 8% after global tech selloff led by Anthropic's AI tool

BUSINESS

Infosys, TCS, other IT stocks plunge up to 8% after global tech selloff led by Anthropic's AI tool

The heavyweight IT stocks led losses on benchmark indices Sensex and Nifty, closing as the top losing sectoral index on the markets.

Bharat Coking Coal Q3 Results: Firm posts net loss of Rs 23 crore, shares fall up to 4%

BUSINESS

Bharat Coking Coal Q3 Results: Firm posts net loss of Rs 23 crore, shares fall up to 4%

Bharat Coking Coal’s production fell around 11 percent YoY to Rs 8.90 million tonners, missing its target of 11.27 million tones.

Bajaj Finance Q3 Results: Net profit falls 6% to Rs 3,978 crore on higher provisions, NII up 21%

BUSINESS

Bajaj Finance Q3 Results: Net profit falls 6% to Rs 3,978 crore on higher provisions, NII up 21%

The firm’s assets under management (AUM) grew 22 percent to Rs 4,85,883 crore during Q3 FY26, from Rs 398,043 crore in Q3 FY25.

Eternal shares rise up to 10% on addition to Jefferies' India model portfolio

BUSINESS

Eternal shares rise up to 10% on addition to Jefferies' India model portfolio

Eternal share price: The shares of the Zomato and Blinkit-parent have gained more than 9.5 percent in the past five days, and fell over 1 percent in the past one month.

Rupee rises to highest level in three weeks on India-US trade deal

BUSINESS

Rupee rises to highest level in three weeks on India-US trade deal

The rupee logged its best rally against the US dollar in more than seven years.

India-US trade deal impact: Goldiam, Rajesh Exports, other gems & jewellery stocks rally up to 20%

BUSINESS

India-US trade deal impact: Goldiam, Rajesh Exports, other gems & jewellery stocks rally up to 20%

Several of these companies have strong exposure to US markets, deriving a major portion of their revenue from exports to the country.

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