Ola Electric Mobility reported a narrower net loss for Q3 FY26, supported by improved operating metrics and margin expansion. However, revenue declined sharply year-on-year due to weaker volumes. The company highlighted a structural reset, completed capex cycle, and improved cost efficiencies as it shifts focus towards long-term profitability and scaling revenues.Read More
BSE shares are set for attention. The exchange secured Sebi’s nod for new derivative contracts on its Focused Midcap Index. This expansion aligns with a new single weekly expiry rule for exchanges. The Focused Midcap Index tracks top mid-sized companies. BSE will offer monthly futures and options on this benchmark.Read More
Manappuram Finance shares are in focus after the RBI granted final approval for Bain Capital affiliates to acquire up to 41.66% stake. Bain Capital will invest approximately Rs 4,385 crore, initially acquiring 18% and triggering a mandatory open offer for an additional 26% stake. This partnership aims to accelerate growth and strengthen investments in technology and risk management.Read More
Wipro and Infosys IT stocks are in focus after a rebound. A recent sell-off wiped out significant market value. Concerns arose from AI tools automating legal tasks. However, analysts see value in beaten-down IT stocks. They highlight the indispensable role of IT services firms. The sector is adapting to new business models and AI-led development.Read More
Asian equities traded mixed as subdued US inflation data bolstered expectations of Federal Reserve interest rate cuts this year. Markets saw fluctuations in Japan, with the yen weakening, while Australian shares remained flat. This comes as the region braces for Lunar New Year holidays and US markets observe Presidents’ Day.Read More
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