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Benchmark Nifty fell sharply for a second day amid tariff and geopolitical worries. Technicals stay bearish near oversold levels as the index drifts toward 200-DMA, while analysts flag fragile support and selective stock opportunities ahead now.
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BNP Paribas acquired 35.43 lakh Tata Motors Commercial Vehicle shares via a Rs 152 crore block deal from Goldman Sachs. Shares slipped post-deal, while the company reported a quarterly loss despite revenue growth and margin improvement.
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CreditAccess Grameen swung to a Rs 252 crore Q3 profit from a year-ago loss, aided by sharply lower provisions. Operating profit rose, assets grew, and management cited stabilising asset quality despite a higher gross NPA ratio across geographies this quarter.
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Retail chain Shoppers Stop on Tuesday reported a decline of 69.13 per cent in its consolidated net profit at Rs 16.12 crore in the December quarter of FY26, citing factors such as a shift in the festival period and uneven consumption trends.
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IndiaMART InterMesh posted strong December quarter results with profit up 56% year on year to Rs 188 crore, revenue rising 13%, robust collections growth, healthy deferred revenue, stable margins, and improving cash flows despite modest sequential topline growth trends overall.
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Moderna and Merck said on Tuesday their ⁠experimental personalized vaccine continued to cut the risk of death or recurrence of the most deadly skin cancer five years after the treatment started.
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EAAA India Alternatives, an arm of Edelweiss Financial Services, has filed preliminary papers with markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).
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Indian markets stayed cautious amid uncertainty over US tariff rulings, persistent FII outflows, rising global bond yields and a weaker rupee. Nifty technicals stayed bearish near 200-DMA, with mid and small caps underperforming ahead of earnings and global cues developments.
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Adani Power plans to raise Rs 7,500 crore via non-convertible debentures, targeting institutional investors to refinance debt and fund operations. The company operates 18 gigawatts of thermal capacity and aims to expand to 42 gigawatts by 2032.
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Persistent Systems posted steady Q3FY26 growth, with revenue up 17% YoY and PAT rising 18%. Sequential profitability moderated due to labour code impact, while demand for data, cloud, and digital engineering services remained robust.
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