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Indian benchmark indices Sensex and Nifty opened higher on Wednesday, extending their gains for a fourth consecutive session. Strong buying in auto, IT, metal, and FMCG stocks fueled the early trade, with the Nifty 50 reclaiming the 26,000 mark. However, the broader market experienced profit booking.
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Eicher Motors reported a strong December quarter, led by robust profit growth, solid revenue expansion and healthy operational performance. Royal Enfield’s capacity expansion plans and improved performance at VE Commercial Vehicles supported optimism. The stock remains technically strong, trading above key averages with neutral momentum.
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Apollo Hospitals announced impressive third-quarter earnings. Net profit surged 35% year-on-year to Rs 502 crore. Revenue grew 17% to Rs 6,477 crore. All business segments showed strong growth. The company continues to invest in advanced clinical capabilities. Citi maintains a Buy rating with a target price of Rs 9,600.
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MSCI’s February 2026 index review sees Aditya Birla Capital and L&T Finance added to the Global Standard Index, while IRCTC is removed. India’s overall weight remains steady, but the number of companies in the Standard Index rises. The Small Cap Index, however, experiences significant removals.
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Titan Company shares are in focus after a strong Q3FY26 performance. Robust festive demand fueled growth across segments. Net profit rose 61% year-on-year. The jewellery segment was the main driver, with revenues up 42%. Watches and Wearables also saw strong festive traction. EyeCare delivered steady growth. The company remains focused on brand equity and sustainable...
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Fifteen Nifty 500 stocks closed above their 200-day moving average on February 10, 2026, signalling potential bullish momentum. Eleven of them gained over 2%, according to StockEdge technical data. The 200 DMA remains a widely tracked indicator for identifying long-term uptrends in individual stocks.
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Grover Jewells shares will list on the NSE SME platform on February 11. Grey market indicators suggest a flat debut. The Rs 34 crore IPO saw strong investor demand, subscribed 19.16 times. The company manufactures wholesale gold jewellery and operates showrooms in Delhi. IPO proceeds will fund working capital and general corporate needs. Listing performance...
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Wednesday brought a notable increase in gold and silver prices, coinciding with falling U.S. Treasury bond yields. The retail sales figures for December revealed a slowdown, suggesting economic softness. As investors gear up for key job reports, there’s a burgeoning interest in gold ETFs among Indian investors this January, reflecting a strategic shift in investment...
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Brandman Retail’s shares are poised for their NSE SME debut on February 11. Grey market indicators suggest a positive listing with a potential upside. The Rs 86 crore IPO saw strong investor demand, subscribed over 114 times. The company distributes and retails international sports and lifestyle brands in India. Financials show improved profitability.
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