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U.S. construction spending increased more than expected in October, likely reflecting ‍home renovations, with activity elsewhere ​weak.
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The Indian rupee hit a record low as global risk aversion, yen carry trade unwinding, and foreign outflows pressured markets, while the RBI stayed absent, allowing losses to deepen amid rising Japanese yields and selling in local stocks and bonds.
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U.S. ​stocks staged ⁠a modest recovery on Wednesday after ‌the ‌sharpest equities ‌selloff in three months, as investors digested President ​Donald ​Trump’s speech at Davos, ‌including ‍a ‍fresh push to acquire ‌Greenland.
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SEBI reprimanded Ankur Jain of Winway Research for multiple regulatory breaches, including routing client funds through employee accounts, charging overlapping fees, failing to maintain call records, and not resolving SCORES complaints, rejecting his defense explanations.
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Indian markets fell for the third consecutive session as financials and consumer stocks faced selling pressure. Eternal, MRPL, CreditAccess Grameen, and IndiaMart gained sharply, while Kalyan Jewellers and Tata Communications declined despite strong quarterly earnings.
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HPCL reported a sharp rise in Q3 profit on stronger refining margins, higher crude throughput and steady fuel sales growth. Revenue also increased sequentially, supported by record refinery utilisation and network expansion across retail outlets and LPG distribution.
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Nasdaq-listed online travel service provider, MakeMyTrip Ltd on Wednesday reported a 14.47 per cent rise in adjusted net profit to USD 51.4 million in the third quarter ended December 2025.
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Jindal Stainless on Wednesday posted 26 per cent year-on-year growth in consolidated net profit to Rs 828 crore in December quarter FY26, driven by increased sales.
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Vedanta has created one of India’s widest employee-wealth programmes, generating Rs 2,500 crore in benefits over five years through ultra-low-priced ESOPs. Its latest Rs 500 crore grant brings 1,200 employees—many freshers—into the shareholder fold. With 40% workforce coverage.
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