Indian equities ended lower as Nifty and Sensex snapped gains amid broad selling led by financials, autos and IT. Analysts see consolidation, with key supports intact, resistance capping rebounds, and stock-specific opportunities until RBI policy cues emerge in near term.Read More
Kennametal India saw revenue climb 16 percent to Rs 334 crore in the December quarter of FY26. Net income rose 9 percent to Rs 24 crore. Strong demand for hard metal and hard metal products drove these gains. The company’s diversified portfolio and customer focus contributed to the improved performance. Expenses also increased, reflecting higher...Read More
Two-wheeler major Hero MotoCorp reported a 14% jump in its December quarter consolidated net profit at Rs 1,268 crore compared to Rs 1,108 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.Read More
India’s markets regulator on Thursday proposed allowing Infrastructure Investment Trusts to retain projects beyond their initial operating tenure, as part of a package of rule changes aimed at boosting capital flows into the investment vehicles.Read More
Hiking the tax on futures and options trade is like “throwing sand in the wheels” to ensure that trading does not happen in extremes, Niti Aayog member Arvind Virmani has said.Read More
Wall Street’s main indexes opened lower on Thursday as investors fretted over Alphabet’s spending plans and Qualcomm’s downbeat forecast.Read More
India is talking to cryptocurrency exchanges to assess evolving trading activity as it seeks oversight over newer crypto products, according to a top tax official.Read More
Markets regulator Sebi on Thursday decided that calendar spread margin benefits will no longer be available on the day of expiry for single-stock derivative contracts expiring on that day, aligning their treatment with existing norms for index derivatives.Read More
Markets regulator Sebi on Thursday proposed allowing alternative investment funds (AIF) to retain limited funds beyond scheme life to ease the winding-up process and facilitate surrender of registration.Read More
Shares of InterGlobe Aviation ended nearly 1 per cent lower on Thursday after the Competition Commission ordered a detailed probe against IndiGo for unfair business practices.Read More
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