Day

February 12, 2026
Restaurant Brands International reported fourth-quarter sales ​above estimates on Thursday, driven by ​strength in its international Burger King outlets, even as it ​tackles stiff competition for its value menus and higher commodity costs in the United States.
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Market sentiment weakened amid heavy IT selling and strong US jobs data dampening rate-cut hopes. Nifty struggled near 26,000 and may consolidate between 25,500 and 26,000. Analysts advise selective stock picking, with buying interest in select counters despite negative breadth.
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Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
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Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
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Nifty posted a second straight loss amid IT-led selling but stayed above its 20-day moving average, keeping recovery hopes alive. Analysts see resistance near 26,000 and support around 25,750–25,500. Shriram Finance and Max Healthcare are recommended as tactical buy opportunities.
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India’s central bank said on Thursday ​that the government has ​bought back bonds maturing in next ​fiscal year and issued longer-dated 2040 securities as part of a switch operation with it.
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Muthoot Finance lifted its FY26 growth guidance to 44–45% as strong gold loan demand and regulatory easing boosted momentum. Q3 standalone profit nearly doubled, aided by lower provisions and higher income. Assets under management and gold loans posted robust year-on-year growth.
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Tata Group-backed IHCL reported strong Q3 growth with higher revenue and net profit, aided by exceptional gains and robust hotel performance. The company marked its fifteenth straight record quarter, expanded its portfolio to 617 hotels and maintained healthy margins and cash reserves.
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Budget carrier SpiceJet reported a consolidated net loss of Rs 261.38 crore in the December-ended quarter compared to a net profit of Rs 20.43 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the holding company.
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Nebius Group reported a sharp rise ​in quarterly capital spending on Thursday, ​driven by purchases of artificial intelligence processors and growing ​data center investments, as the AI cloud firm rushes to secure capacity to meet soaring demand.
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