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
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
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
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
Asian stocks are outperforming US markets as fears of AI-driven business disruption hit American tech firms. Investors are shifting towards Asian chipmakers, crucial hardware suppliers for AI, like Samsung and TSMC. This focus on infrastructure, rather than software pioneers, is boosting regional markets, with memory chip prices also contributing to gains.Read More
On Friday, oil prices remained stable, marking a likely second consecutive weekly decline. Tensions surrounding a conflict with Iran have subsided, leading analysts to predict that this year, oil supply will surpass global demand. Gains made earlier in the day wilted after remarks from President Donald Trump cast doubt on a possible agreement with Iran.Read More
Friday brought a pleasant uplift for gold and silver prices, thanks to savvy bargain hunters jumping in. After dipping to a one-week low earlier, the market responded positively to robust U.S. employment statistics, reshaping expectations about potential interest rate cuts. Now, eyes are on the forthcoming inflation report, which may clarify the Federal Reserve’s next...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
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