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Indian government bonds fell on ‍Friday, ending a three-day winning ​streak, as traders feared the market may struggle ⁠to absorb fresh state debt supply next week.
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Seven BSE 200 stocks, including Hindustan Zinc and Vedanta, hit fresh 52-week highs on Friday despite a market slump, extending their strong 1-month rallies of up to 17%.
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The ‍Indian rupee fell to ​a record low on Friday and posted its steepest ⁠weekly decline in six months, weighed by sustained foreign outflows and hedging by importers.
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Adani Green Q3 Results: Adani Green reported a net loss of Rs 41 crore in the December quarter, a shift from last year’s profit. Despite this, total income climbed 8% year-on-year to Rs 2,837 crore. The company’s power supply segment saw robust growth, with revenue up 21% and EBITDA by 23%, fueled by significant greenfield...
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Cipla shares dropped 5% after reporting a 57% year-on-year decline in net profit to Rs 676 crore, impacted by a fall in gRevlimid sales. Revenue remained flat at Rs 7,074 crore, with EBITDA also declining. The company plans upcoming launches to offset revenue decline and drive future growth.
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Strong December quarter results highlight a powerful smallcap rally, with many firms posting over 25% profit growth. Several stocks delivered 50–150% returns, including multibaggers, underscoring how earnings momentum, scale, and execution are translating into sustained shareholder wealth creation.
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JM Financial’s Venkatesh Balasubramaniam says Indian equity valuations remain stretched despite recent correction, with real opportunities emerging gradually in smallcaps and microcaps. He advises staggered investing over 6–12 months, expects limited upside from largecaps in 2026, sees Budget as non-market-moving, and prefers consumer, auto, NBFC, hotel and real estate stocks while staying cautious on banks,...
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Shares of Anil Agarwal-led Vedanta Ltd rallied as much as 3% to their fresh 52-week high of Rs 699 on the BSE on Friday after copper prices bounced back to inch closer to its fresh high of $13,407 on the London Metal Exchange. Zinc prices also edged higher by about a percent.
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