SpiceJet reported a Rs. 261.38 crore net loss for Q3FY26, a shift from last year’s profit, despite a 14% revenue increase. Elevated costs like fuel and fleet expenses impacted results. However, sequential losses narrowed significantly. The airline is expanding its fleet and seeking a National Stock Exchange listing, with its shares showing oversold technical indicators.Read More
Defence giant HAL reported a robust third quarter with net profit surging 30% to Rs. 1,867 crore, alongside a Rs. 35 per share interim dividend. Revenue climbed 11% to Rs. 7,699 crore, with healthy execution across defence programs boosting pre-tax profit. Despite recent stock pressure, five LCA Mk1A fighter jets are ready for delivery.Read More
Infosys and Wipro shares faced heavy selling pressure after their ADRs plunged, driven by concerns that Anthropic’s new AI product could automate professional tasks. This development reignited fears that artificial intelligence might erode the profitability and competitive advantages of traditional IT services firms, leading to a broader market downturn.Read More
Coal India’s net profit saw a 16% year-on-year drop in Q3FY26, reaching Rs 7,166 crore, with revenue also declining. Despite this, the company declared a Rs 5.5 per share interim dividend. Foreign investors boosted their stake, while mutual funds reduced theirs. The stock’s technical indicators suggest neutral momentum.Read More
Hindustan Unilever reported a 30% drop in Q3 FY26 net profit from continuing operations to Rs 2,188 crore, despite a 5.6% revenue increase. The company anticipates a stronger FY27, driven by portfolio optimization and channel transformation, with early signs of consumption recovery observed.Read More
Unilever reported a modest annual profit increase after spinning off its ice cream division, including Ben & Jerry’s. The company’s net profit from retained brands rose 4.6% to $6.8 billion last year. Despite anticipating slower market conditions for 2026, Unilever expressed confidence in its focused strategy and disciplined execution.Read More
Asian markets saw a dip from record highs. Concerns over artificial intelligence’s impact on technology sectors caused a sell-off in US stocks. Investors sought safety in US Treasuries. Despite this, early Asian trading showed signs of stabilization. Gold steadied after a sharp fall, and Bitcoin edged higher. This cross-asset weakness highlighted investor caution.Read More
Indian markets closed lower on Thursday due to a sharp correction in IT stocks. Despite supportive global and domestic factors, the IT pack’s weakness temporarily impacted investor sentiment. Analysts suggest limited downside potential due to strength in other sectors. Key companies like SpiceJet, TCS, Infosys, Coal India, and Hindalco were in focus due to their...Read More
Indian markets are poised for a range-bound trading session with a focus on individual stock performance as the Q3 earnings season concludes. Investors will monitor global and domestic inflation, trade developments, and FII flows, while AI-related disruptions may introduce volatility. The Nifty traded within a narrow range, and the India VIX saw a slight increase.Read More
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