Larsen & Toubro shares fell after reports said that Kuwait may cancel oil project tenders worth $8.7 billion. The decline followed news that Kuwait Oil Company is reviewing its capital expenditure after bids exceeded budget estimates, putting major tenders—where L&T was the lowest bidder for over $4.5 billion—at risk.Read More

Amagi Media Labs’ IPO opened to a muted response on Day 1, with overall subscription at just 4% in early trade. A modest grey market premium reflects cautious investor sentiment amid volatile markets and heightened scrutiny of tech valuations.Read More

Quant, fintech and diversified PMS strategies topped December’s charts with gains of up to 8%, even as several small-cap and thematic portfolios saw steep declines. The month underscored sharp dispersion in India’s PMS market, with systematic and sector-focused approaches outperforming while small-cap strategies faced significant selling pressure.Read More

Indian equities saw a sharp intraday reversal on Tuesday as early gains evaporated, dragging the Sensex down 933 points from its peak and pushing the Nifty over 1% lower. Nearly Rs 3 lakh crore in market value was erased as selling intensified despite positive global cues and early IT earnings support.Read More

Tata Consultancy Services maintained its EBIT margin at 25.2% in the December quarter. This stability was achieved despite significant exceptional costs. Management highlighted productivity gains and operational efficiencies as key drivers. The company continues to invest in AI and future-ready skills. Workforce optimisation efforts are ongoing. TCS remains focused on long-term strategic priorities.Read More

Debt mutual fund AUM fell 6.5% in December as advance tax-related redemptions triggered sharp outflows, particularly in short-term categories. Despite an RBI rate cut, rising bond supply pushed yields higher, keeping investors cautious on duration strategies. Analysts say redemptions were largely tactical, driven by liquidity needs rather than credit concerns.Read More

TCS posts mixed Q3 with margins under pressure, while HCL Technologies beats expectations with AI-driven growth. Sector sentiment is cautious after Rs 75,000-crore FII selloff, with brokerages suggesting stock-specific execution and AI traction will guide performance.Read More

Ixigo shares saw a significant jump after a brokerage upgrade. Analysts believe the stock is undervalued following a recent correction. Strong long-term growth drivers in India’s travel sector are expected to benefit Ixigo. The company’s expansion in hotels is also seen as a positive. Future growth rates are anticipated to normalize after a high base...Read More

Bitcoin retreated toward $90,000 after failing to sustain levels above $92,000 following Donald Trump’s announcement of a 25% tariff on countries trading with Iran. Geopolitical concerns, safe-haven rallies in gold and silver, and over $650 million in ETF outflows weighed on sentiment, keeping BTC and ETH locked in a tight range.Read More

CLSA has reiterated its “Outperform” rating on HDFC Bank, setting a target price of ₹1,200 and implying over 27% upside from current levels despite recent stock weakness. The brokerage views concerns over deposit growth and margins as temporary and expects FY27 to be a bounce-back year.Read More