Jio Financial Services posted mixed Q3FY26 results, with revenue surging 106% to Rs 901 crore but net profit falling 9% YoY to Rs 269 crore. Sequentially, profitability weakened sharply, even as AUM grew 4.5x YoY to Rs 19,049 crore and interest income and fee income recorded strong double- and triple-digit growth.Read More
FY26 has exposed sharp divergences within the microcap space. While benchmarks remain resilient, several microcap stocks have seen steep value erosion, with select names crashing up to 64%, highlighting the risks of chasing returns in volatile segments.Read More
Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, growth prospects, and leadership in value e-commerce.Read More
LTTS reported a 6% YoY profit decline in Q3 despite 10% revenue growth, strong deal wins above $200 million for fifth straight quarter, stable margins, and momentum in AI-led engineering, sustainability and recovering mobility businesses supported by large global contracts.Read More
HDFC Life Insurance on Thursday reported a muted bottomline growth in December quarter, with standalone profit after tax rising just 1% year-on-year to Rs 421 crore, compared with Rs 415 crore in the same period last year.Read More
Japan’s Nikkei share average retreated from a record high as a stronger yen impacted exporters and technology stock momentum waned. The benchmark Nikkei 225 fell 0.4%, while the broader Topix achieved a new all-time closing high. This mirrored a Wall Street trend where tech shares dragged down markets, with currency movements adding headwinds for Japanese...Read More
European markets extended their rally on Thursday, buoyed by encouraging economic data and robust corporate earnings. Strong results from TSMC propelled ASML to record highs, while Swedbank and Richemont also saw significant gains. Positive economic indicators from Britain and Sweden further bolstered investor confidence, suggesting a resilient regional economy.Read More
ASML shares have reached a record high. The Dutch chipmaking equipment maker’s market value has crossed $500 billion. This makes ASML Europe’s most valuable company. The surge was driven by strong results from TSMC. This news has boosted semiconductor stocks across Europe. ASML shares saw a significant increase.Read More
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