The S&P 500 opened largely flat and the Dow marginally higher on Wednesday, following upbeat results from Eli Lilly and Super Micro Computer, while investors avoided big bets on software and cloud stocks after a bruising selloff in the previous session.Read More
The National Stock Exchange board will meet on February 6 to begin its initial public offering process. This follows regulatory clearance from Sebi. A special committee will be formed to oversee the listing. The exchange’s financial results will also be reviewed. This marks a significant step after a decade of delays.Read More
Nykaa is poised for a strong performance in the December quarter. Robust festive demand and sustained momentum in its Beauty and Personal Care segment are expected to drive significant profit growth. Brokerage estimates project a substantial surge in net profit and revenue. The company is set to announce its earnings on Thursday, February 5.Read More
Devyani International Ltd announced a net loss of Rs 109.78 crore for the December quarter of FY26. This marks an increase from the previous year’s loss. However, the company saw its revenue from operations rise by 11.31 percent. Its Biryani by Kilo business reached breakeven. Devyani International is a major franchisee for KFC and Pizza...Read More
Carlsberg reported a 5% rise in full-year operating profit, exceeding forecasts, and is considering an initial public offering for its Indian operations. The brewer also projected 2-6% profit growth for the current year, despite a challenging consumer environment. The potential Indian IPO could significantly reduce the company’s debt.Read More
Mukesh Ambani urged Indians to shift savings from gold and silver into capital markets, arguing that precious metals, though safe, do not create wealth in a fast-growing economy. Speaking at a JioBlackRock event, he said productive investments offer compounding returns, unlike bullion imports that sit idle outside the formal financial system.Read More
Indian government bonds rose for a second straight session as expectations of continued RBI bond purchases supported sentiment ahead of record FY27 borrowing. The 10-year yield eased to 6.6972%, while markets await the RBI’s policy decision and liquidity outlook. Traders expect no further rate cuts but continued growth-supportive OMO operations.Read More
Carlsberg reported a 5% rise in full-year operating profit, exceeding forecasts, and is considering an initial public offering for its Indian operations. The brewer also projected 2-6% profit growth for the current year, despite a challenging consumer environment. The potential Indian IPO could significantly reduce the company’s debt.Read More
Mukesh Ambani urged Indian households to shift savings from physical assets like gold to capital markets for productive wealth creation. He emphasized simplifying investment access, drawing a parallel to Jio’s impact, to democratize participation and fuel economic growth as India enters a powerful expansion phase.Read More
BlackRock CEO Larry Fink said the next 20–25 years will be the “era of India,” driven by rising domestic investment and rapid technological adoption. Speaking with Mukesh Ambani at a JioBlackRock event, he highlighted deeper household participation in markets and India’s growing role as a core pillar of BlackRock’s long-term strategy.Read More
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