BUSINESS
Indian IT stocks: CLSA says AI fears overdone, but cuts target prices amid valuation de-rating; picks top bets
CLSA said that despite debate around AI-led disruption in Indian IT stocks, client spending behaviour, deal structures and service mix have not yet changed meaningfully. However, valuation remain under pressure, reflecting concerns over medium- to long-term growth visibility.
BUSINESS
Nifty top gainers, losers today: Adani Ports, Kotak Bank lead; IT stocks Wipro, Infosys drag as market trims gains
Benchmark indices Sensex and Nifty were trading modestly higher, paring early gains. The indices saw profit booking after last week’s relief rally linked to the US Supreme Court striking down President Donald Trump’s tariffs. The Nifty IT index was down 1.6 percent, marking its fourth consecutive session of losses, while defensives such as FMCG and pharma traded in the green.
BUSINESS
Adani Ports shares jump 2.5% to top become Nifty gainer today on iron ore MoU with NMDC, Vale Brazil
Adani Ports stock jumped as much as 3.5 percent intraday, after the company announced an MoU with NMDC Ltd and Vale SA to develop an iron ore blending and export ecosystem at Gangavaram Port. The stock has gained nearly 45 percent over the past one year.
BUSINESS
Silver ETFs jump over 6%, gold ETFs gain 2% as Trump tariff ruling, softer dollar lift bullion
Silver ETFs rose sharply by as much as 6 percent on Monday, as safe haven demand rose after the United States Supreme Court struck down President Donald Trump's broad tariffs. Gold ETFs also rose by over 2 percent, tracking the underlying bullion prices.
BUSINESS
Dixon Tech shares fall 2% as CLSA downgrades rating, cuts target price; AI supercycle hurting outlook
CLSA downgraded Dixon Technologies rating to 'Hold' from 'Outperform', cutting its target price to Rs 12,100. The brokerage highlighted a sharp rise in memory prices, warning that higher costs could pose a risk to smartphone demand, especially in the lower-end consumer segment.
BUSINESS
Kalyan Jewellers Q3 net profit nearly doubles YoY to Rs 416 crore, aided by sales growth
Kalyan Jewellers India announces fiscal third quarter earnings: Check net profit, revenue, growth, EBITDA, margin, other details
BUSINESS
RBI Policy Highlights: MPC holds repo rate steady at 5.25%, stance ‘neutral’; growth raised, inflation benign
RBI Monetary Policy Feb 2026 Highlights: The Reserve Bank of India kept the repo rate unchanged at 5.25 percent, with the MPC unanimously retaining a neutral stance. Governor Sanjay Malhotra said inflation remains benign, growth momentum strong, and liquidity in surplus.
BUSINESS
Mukesh Ambani says JioBlackRock aims to turn Indians' decades-old savings into long-term earnings
Mukesh Ambani said Indians have saved steadily for decades, but much of that capital has not been deployed efficiently to generate long-term returns. The core opportunity for JioBlackRock lies in encouraging savers to become investors and convert idle savings into income-generating assets.
BUSINESS
Mukesh Ambani says India could see 100 new Reliances; 'startup ecosystem excites me the most'
Reliance Industries Chairman and Managing Director Mukesh Ambani said the startup ecosystem was the aspect of India’s growth story that excited him the most. He added that the startup industry can spawn 100 new Reliances.
BUSINESS
BlackRock CEO Larry Fink backs 'era of India' for long-term wealth creation; asks investors to look beyond noise
Larry Fink said that excessive focus on near-term market movements, headlines and capital flows often distracts investors from the real opportunity -- investing alongside the long-term growth of an economy. India’s growth story presents a compelling opportunity for investors willing to adopt a patient approach.
BUSINESS
Hyundai Motor India Q3 net profit rises 6% YoY to Rs 1,234 crore, aided by GST, festive demand; revenue up 8%
Hyundai Motor India reported a 6.3 percent year-on-year rise in Q3 FY26 consolidated net profit to Rs 1,234 crore, while revenue from operations grew 8 percent to Rs 17,974 crore, aided by festive demand and strong export growth. EBITDA rose 7.6 percent on-year.
BUSINESS
Markets attempt cautious rebound after Budget shock; Sensex up 220 pts, Nifty above 24,850
The cautious rebound in Sensex and Nifty today comes after the benchmark indices suffered steep losses on Budget Sunday. Volatility stayed elevated. Global cues are mixed, and FII flows are still fragile.
BUSINESS
Nifty Bank falls 1.3% post Budget 2026, PSU banks lead losses as merger, borrowing concerns weigh
All 12 constituents of the PSU Bank index were trading in the red after Budget 2026. Private lenders also saw losses, though to a lesser extent. Market participants pointed to Budget-linked concerns weighing disproportionately on PSU banks.
BUSINESS
Opening Bell: Sensex, Nifty trade flat at open ahead of Budget 2026 as markets brace for policy cues
India's share markets entered Budget Day after ending lower in the previous session, with investors wary of global uncertainty. Volatility remained elevated as markets prepared for sharp intraday swings once the Budget announcements begin.
BUSINESS
Bajaj Auto stock outlook: Brokerages mostly positive post Q3, but flag valuation discomfort; should you buy?
Brokerages broadly agreed that Bajaj Auto’s operational momentum remains strong post Q3 results, which fuels medium-term confidence in the stock outlook. But views diverge on how much upside remains at current valuation levels.
BUSINESS
Nestle India Q3 results get mixed brokerage reviews; should you buy or sell the stock? Check target prices
Brokerages were split on Nestle India Ltd after its Q3 FY26 results, with analysts balancing strong volume-led growth and aggressive brand investments against near-term margin pressure and expensive valuations. Nomura maintained a Buy with an upside target, CLSA and Jefferies retained Hold ratings.
BUSINESS
Aditya Birla Group plans $6 billion upstream metals investment; Hindalco set to anchor capex
The Aditya Birla Group plans to invest around $6 billion over the next five years to expand aluminium and copper upstream capacities in India, marking a pivot back to primary metals as economic and industry conditions turn favourable. Group firm Hindalco is expected to anchor the investment cycle.
BUSINESS
Adani group stocks rebound up to 5% after Friday’s rout; Adani Enterprises, Adani Ports among top Nifty gainers
Adani Enterprises shares rose nearly 5 percent, while Adani Ports and SEZ gained over 4 percent, after a turbulent end to last week. Adani Enterprises informed stock exchanges that it is not a party to the legal proceedings referenced in recent media reports.
BUSINESS
Sensex, Nifty edge up, erase losses even amid tariff jitters, FII outflows; focus on EU trade deal, Budget
Sensex, Nifty turned into moderate gains from losses with the help of buying in metal, infra and PSU stocks, even as sentiment remained fragile amid persistent FII selling and uncertainty around global trade developments.
BUSINESS
Axis Bank shares jump nearly 4% today after Q3 results, brokerages bullish; check target prices
Axis Bank stock outlook: Brokerages were largely bullish on the private sector lender, citing improving credit cost visibility, resilient profitability metrics and attractive valuations.
BUSINESS
IndiGo share price falls nearly 2% in early trade after Q3 results, even as analysts bullish on stock
Today's 2 percent fall in InterGlobe Aviation (IndiGo) shares comes after the airline disclosed a sharp year-on-year fall in reported net profit for the December quarter, weighed down by sizeable one-time exceptional items.
BUSINESS
Should you buy or sell IndiGo shares after Q3 profit hit by one-offs? Brokerages bullish; check target prices
InterGlobe Aviation (IndiGo) reported a sharp fall in Q3 net profit due to implementation of new labour codes and operational disruption. But brokerages said that excluding exceptional items and forex impact, underlying profitability remained healthy.
BUSINESS
Sensex, Nifty rebound sharply today as trade-war fears ease; short-covering lifts markets after 3-day fall
The sharp rebound in Sensex and Nifty today was driven by strong gains on Wall Street, a relief rally across Asian markets and aggressive short-covering after the indices slipped close to key long-term support levels in the previous session.
BUSINESS
Dr Reddy’s stock jumps over 4% today as brokerages turn bullish after Q3 results beat estimates
Brokerages said Dr Reddy's Laboratories Q3 FY26 earnings beat was driven largely by the domestic and emerging markets portfolio, which helped offset weakness in the US.
