Day

January 28, 2026
Eight midcap stocks posted over 50% EBITDA growth in the December quarter, signalling stronger profitability and improved operational performance.
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S&P Global Ratings on Wednesday upgraded Biocon Biologics ratings with a stable outlook.
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Hindustan Zinc’s OFS drew strong institutional interest, with the non-retail portion subscribed 142%. Vedanta’s discounted stake sale reassured markets, lifted stock prices, and reinforced confidence in Hindustan Zinc’s cash flows, scale, dividends, and long-term investment appeal.
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Mutual funds trimmed stakes in 148 small-cap stocks over two quarters, with 11 names crashing up to 55% in six months. Data shows sustained selling pressure as fund managers reassess exposure amid weak price performance and shifting market trends.
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U.S. stock index futures rose on Wednesday, helped by gains in chip stocks, while investors geared up for quarterly earnings results of some of the so-called “Magnificent Seven” companies and a Federal Reserve rate decision.
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CSB Bank shares tumbled 14% on Wednesday after the lender reported a flat Q3 profit and a sequential rise in gross and net NPAs. While NII and operating profit saw strong double-digit growth, asset-quality pressures weighed on sentiment. Management said overall business momentum remains strong, with improvements expected in the current quarter.
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Elon Musk’s SpaceX may be heading for a record-breaking IPO, potentially raising $50 billion. From reusable rockets to Starlink’s recurring revenue, the listing could reshape global markets while testing investor appetite for future technologies.
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The Indian rupee ‍closed marginally weaker on Wednesday, ​lagging Asian peers, on dollar demand linked to maturing ⁠non-deliverable forwards positions and month-end importer demand, while positive cues from a broad-based decline in the greenback capped losses.
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Pine Labs swung to a consolidated profit of Rs 42 crore in Q3FY26 after a loss last year, driven by 24% revenue growth and strong platform volumes. EBITDA rose 59% YoY, while GTV hit Rs 4.5 lakh crore. Transaction growth stayed robust, though operating cash flow remained negative due to festive-driven working capital needs.
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Japan’s Nikkei ‍share average ended slightly ​higher on Wednesday, buoyed in the final half-hour ⁠of trade by stronger-than-expected orders at Dutch chip equipment maker ASML.
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