The rupee pared initial gains and settled for the day 6 paise lower at 90.29 (provisional) against the US dollar on Wednesday, as the likely central bank intervention was negated by a strong dollar, foreign outflows from capital markets, and elevated crude oil prices.Read More

The benchmark BSE Sensex slipped 245 points, or 0.29%, to end at 83,382.71, while the NSE Nifty 50 fell 66.7 points, or 0.26%, to 25,665.60. The decline marked the seventh loss in eight sessions for both indexes, reflecting fragile investor sentiment despite pockets of sectoral strength.Read More

India’s GDP growth may look strong, but earnings and valuations will drive the markets going ahead. GV Giri, President and Head of Research of IIFL Capital says FY27 could see 16–17% Nifty earnings growth, led by banks, NBFCs and select sectors, even as India remains relatively expensive compared with global peers.Read More

Groww has partnered with US-based State Street Global Advisors, which will invest up to Rs 580 crore in Groww AMC through primary and secondary shares. The deal, involving up to 23% stake dilution, strengthens Groww’s mutual fund business, supporting expansion, global collaboration, and enhanced product offerings for Indian investors.Read More

HDFC AMC Q3 Results: HDFC AMC announced a robust financial performance, with its third-quarter net profit surging 20% year-on-year to Rs 770 crore. Revenue from operations also saw a healthy 15% increase, reaching Rs 1,074 crore. For the nine months ending December, profit after tax climbed to Rs 2,236 crore, showcasing strong growth momentum.Read More

Union Bank of India shares jumped more than 8% after the state-owned lender reported a stronger December-quarter performance, marked by easing slippages, lower bad loans and a 9% rise in net profit. The results reassured investors on asset quality and capital strength, triggering a sharp rally in the stock.Read More

Flipkart is set to more than double its investment in Shadowfax as the logistics firm prepares for its IPO next week. With a 14.8% stake, Flipkart’s holding could fetch Rs 929 crore at the top price band, generating a pre-exit gain of over Rs 600 crore while retaining future upside.Read More

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Nifty shows early signs of bottoming near 25,500 as buying emerges at lower levels, says Nagaraj Shetti, Technical & Derivative Analyst , HDFC Securities. While volatility persists, technical charts point to a possible rebound towards 26,200–26,300. Metals and oil refinery stocks show strength, with MRPL, SAIL and Tata Steel leading sectoral momentum.Read More

European stocks recovered their poise on Wednesday after a modest dip a day earlier, as a surge in shares of energy firms RWE ‌and SSE ‌drove the utility index higher.Read More