Gold, silver ETFs jump up to 4% as precious metals rise: What lies ahead?
This comes despite a muted sentiment in global commodity prices on a firm dollar ahead of key US inflation data that could influence the Federal Reserve's interest rate-cutting trajectory.
Yotta Data Services to spend $2 billion on Nvidia chips
Yotta Data Services currently operates over 10,000 Nvidia GPUs, with another 8,000 set to go live next quarter, and plans to scale beyond 80,000 GPUs by FY27 as India expands its AI infrastructure footprint.
Kiaasa Retail IPO to open on February 23, plans to fund stores expansion
Kiaasa Retail IPO | The company is valued at Rs 231.50 crore at the upper price band. The offer comprises of entirely fresh issue of 54.90 lakh equity shares.
Dr. Reddy’s preps semaglutide pill launch in FY27, as GLP‑1 market opens up in India
“We are ready with all formats, including the oral,” says M.V. Ramana, CEO of Branded Markets (India & Emerging Markets). Semaglutide is already approved by India’s Subject Expert Committee (SEC), and Dr. Reddy’s is now awaiting the final nod from the national drug regulator, the CDSCO.
Upcoming IPOs: Clean Max Enviro's GMP falls below 1%, Gaudium IVF's GMP indicates decent listing
Clean Max Enviro IPO will open on February 23, while that of Gaudium IVF will open on February 20.
Fractal Industries IPO subscribed 5.13 times on final day; listing likely next week
Fractal Industries IPO | Investors have put in bids for 83.28 lakh shares against offer size of 16.23 lakh shares via 3,270 applications during February 16-18.
Kwality Wall's shares jump 5%, snap two-session losing streak
Kwality Wall’s share price: On its debut day, the stock had gained around 5% to Rs 31.29 apiece, the highest level seen by it so far.
L&T shares rise 1% after firm teams with Nvidia to build India's largest Gigawatt-scale AI factory
L&T share price: At the ongoing India AI Summit, L&T announced a proposed venture under the India AI Mission to build sovereign, scalable GW-scale NVIDIA AI factory infrastructure.
Carmakers line up Rs 1 lakh crore expansion plan as GST tailwinds drive 65% capacity surge
From a current production capacity of around 5.5 million passenger vehicles annually, Indian carmakers are preparing to scale up to nearly 9 million units per annum — a 65% increase, or an additional 3.5 million units
Aurobindo Pharma shares fall up to 5% as US FDA flags nine issues at Telangana unit
Aurobindo Pharma share price: The US FDA reportedly found that the equipment was not cleaned for years at the plant, with presence of E. Coli and bird droppings in systems.
Markets rise for 3rd day: Sensex settles nearly 300 pts higher, Nifty ends above 25,800; five reasons behind gains
Newly listed Kwality Wall’s shares, along with Tata Steel and ITC were the top gainers on the indices.
ITC, Godfrey Phillips shares surge up to 20% amid reports of cigarette price hikes: Here's what UBS says
UBS has a ‘Buy’ call on the shares of ITC, with a target price of Rs 395 apiece, implying an upside potential of more than 29% from the stock’s previous closing price.
Infosys, Persistent Systems, Wipro, other IT stocks fall up to 3% after two days of gains: Here's why
IT stocks: Anthropic on Tuesday introduced Claude Sonnet 4.6, calling it its most capable Sonnet model yet.
Ola Electric shares jump 5% after Bombay HC stays arrest warrant against CEO Bhavish Aggarwal
District Consumer Commission of South Goa had issued the bailable warrant against the founder of Ola Electric after he allegedly failed to appear before it despite being served a notice.
XED files papers for $12 million IPO; GIFT City IFSC's first issue to open in early March
XED Executive Development IPO | The public issue will be open to eligible investors under the IFSCA framework, including non-resident Indians, foreign portfolio investors, institutional investors, and other permitted overseas participants.
Shree Ram Twistex fixes price band at Rs 95-104 per share for its Rs 110-crore IPO
Shree Ram Twistex IPO | The company is raising Rs 110.24 crore at the upper price band via initial public offering.
Uncertain Runway: Traffic slide at Dabolim intensifies Goa’s two-airport debate
The Dabolim airport in Goa is one of the few profit-making airports for AAI. During FY25, the airport's profits nearly doubled to Rs 120 crore as against Rs 64.88 crore recorded in FY24
SRF shares fall 4% as promoter Kama Holdings set to sell 3% stake in open market
SRF share price: Kama Holdings said the stake disposal will be completed by March 2027, and will result in the promoter’s stake falling below the 50% threshold.
Maruti Suzuki launches first EV e Vitara SUV with battery rental scheme, shares rise 1%
Maruti Suzuki announced that it has commenced its sales of e VITARA BEV at an introductory Battery-as-a-service price of Rs 10.99 lakh.
Bank Nifty trades above 61,000 as BoB, PNB, other stocks gain up to 4%: Check key trading levels
Bank Nifty: The index has now risen nearly 2 percent (around 1,055 points) in two consecutive sessions of gains.
IT index rises nearly 3% on Nandan Nilekani, Anthropic CEO's remarks; Infosys leads gains: Here's what they said
Infosys share price: These comments come after the IT stocks saw a significant decline earlier this month amid disruption concerns following Anthropic's launch of a legal AI tool for its Claude AI chatbot.
Software isn’t dead, but its cozy business model might be
Companies must rethink their charging policy to reflect tasks completed rather than number of users
Ola Electric shares plunge 5% to fresh all-time low: Citi slashes target price by 51%, downgrades to 'Sell'
Ola Electric share price: The stock is currently down more than 64% from its IPO price of Rs 76 apiece, and around 83% lower than its all-time high of Rs 157.40 apiece which it had hit in August 2024 after debut.
Hindustan Copper, NALCO, other stocks fall up to 4% as metals decline; index down 2%
Metal stocks: Hindustan Copper shares were the top loser on the index, falling more than 4% to trade at Rs 551.25 apiece. This came as copper futures with February expiry fell around 2% on MCX.
Hindustan Zinc shares fall 2% as silver prices drop, precious metal ETFs down up to 3%
Hindustan Zinc share price: The fall in gold and silver prices may have been driven by easing geopolitical tensions, which in turn may have dampened the sentiment for safe-haven assets like the precious metals.
