Day

January 29, 2026
Karnataka-based Aequs reported a 51% revenue jump to Rs 326.2 crore in Q3FY26, driven by strong aerospace performance and consumer demand. Despite a rise in net loss due to investments and listing expenses, the company’s EBITDA significantly increased. Aequs also announced its entry into UAV manufacturing and received PLI approval for electronics components.
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Domestic markets rebounded strongly, ending higher on optimism from the Economic Survey projecting robust FY27 growth and anchored inflation. Metals outperformed, FMCG, IT and autos lagged. Nifty stayed above the 50 EMA, with resistance at 25,500 and support near 25,200.
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Nasdaq reported strong fourth-quarter profits, exceeding expectations due to market volatility. The company saw a significant rise in new listings, with a promising outlook for accelerated initial public offerings in 2026. Nasdaq’s revenue from data and listing services increased, and its financial technology and index businesses also showed robust growth. The exchange operator is expanding...
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The price of gold tumbled more than five percent Thursday as traders reassessed the market after recent record highs for the precious metal seen as a safe-haven investment. Silver plunged more than eight percent, while copper and nickel prices also fell.
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Goldman Sachs offloaded over 65.27 lakh shares in Manappuram Finance for approximately Rs 190 crore, with Morgan Stanley as the buyer. In a separate transaction, CLSA sold 71.61 lakh shares of Sunteck Realty for Rs 269 crore, with Goldman Sachs and Morgan Stanley acquiring them.
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Mastercard exceeded fourth-quarter profit expectations due to resilient consumer spending, particularly in travel and essentials. The company announced plans to lay off approximately 4% of its global workforce, impacting over 1,400 employees, to reallocate investments. This strategic restructuring is expected to incur a $200 million charge in the current quarter.
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Nifty posted a third straight gain, led by financials and energy, while autos and IT capped upside. Technicals remain positive above the 50 EMA, with resistance near 25,500. Analysts recommend buying Oil India and ABB India on bullish setups.
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U.S. software stocks fell on Thursday after SAP’s cautious ‍cloud outlook and a ​post-earnings drop in ServiceNow shares reinforced investor concerns ⁠about mounting competition from artificial intelligence-related companies.
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Allied Blenders and Distillers Ltd on Thursday reported an 11 per cent rise in consolidated profit after tax at Rs 63.74 crore in the third quarter ended December 31, 2025, aided by lower expenses.
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The number of Americans filing new applications for unemployment benefits fell slightly last week, still consistent with ‍a relatively low level of layoffs, though lackluster ​hiring is stoking anxiety among households over the labor market.
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