Riya Alex

Revenue from operations jumped 25.4% to Rs1,175 crore for the quarter ended on September 30, 2026 from Rs937 crore in the last quarter.

Nasdaq 100 advanced 668 points, or 2.4%, to 28,409.49 and S&P 500 gained 79.78 points, or 1.06%, to 7,600.71, while, the Dow Jones Industrial Average traded marginally lower at 52,181.16.

AI expenditure marks one of the largest capital spending cycles in history, with average annual capex estimated at around 3.6% of US GDP over 202532, more than the 1.1% during the 2000 dotcom cycle and 2.2% during the 19th-century railroad boom.

The surge in net profit comes as Tata Power saw a one time gain of Rs 119 crore in the quarter, while its revenue from operations jumped 26.3%.

Government sources said that AI bubble was bound to burst at some point, while the Indian IT sector is likely to gain after the Nvidia episode.

Nvidia shares advanced 5.28% during the pre-market session, trading at $177.7 apiece by 3:44 pm IST. On Tuesday, November 10, Nvidia shares closed 5.53% lower.

Tata Power, Garden Reach Shipbuilders & Engineers, Hindustan Copper, Triveni Turbine, Power Mech Projects were among the companies that announced September quarter earnings today.

The global AI sell-off has made India an attractive destination for India, while the country's strong earnings growth and valuations of large-cap stocks have further impressed investors.

Anthropic will raise $26 billion through a private placement deal with investors such as Alphabet's Google, Microsoft, Nvidia, Broadcom and Advanced Micro Devices.

Dow Jones Industrial Average futures rose 0.3% to 52,656, S&P futures advanced marginally to 7,576.25, while Nasdaq futures slipped 0.31% to 27,929.

Brent crude futures fell 3.3%, to $89.3 a barrel on Tuesday, while US West Texas Intermediate crude futures declined 2.6% to settle at $84.1. Crude prices have witnessed massive drop this month, with prices tumbling from the six-month high reached at the end of October.

Kalyan Jewellers India, MRF, Cochin Shipyard, and Avanti Feeds are among the 44 companies scheduled to announce their Q2 FY27 results. Track the latest earnings announcements, financial performance, management commentary and stock market reaction live on NDTV Profit.

French Foreign Minister Jean-Nol Barrot said the attack was conducted by the Islamic Revolutionary Guard Corps of Iran.

Dow Jones Industrial Average rose 1.2% or 700 points at open to 51,870, while S&P 500 rose 0.9% to 7,457. The tech-heavy Nasdaq Composite gained 0.8%.

One key number that will determine the amount of arrears is the fitment factor, a multiplier that revises an employee's existing basic pay into a new, revised basic pay structure.

Consumer Price index, Producer Price Index and Fed minutes will likely impact gold and silver prices in the coming days.

Nvidia shares declined 4.78% to $177.71 a piece by 4:05 am EST.

Both BSE and NSE will remain closed for trading on Tuesday, November 10, 2026.

The central bank designates bank holidays in various parts of the country typically to observe national, religious and regional occurrences. In addition to such observances, banks are closed on the second and fourth Saturdays, along with Sundays of every month.

The Sensex slipped 28.62 points, or 0.04%, to 80,999.40, while the Nifty declined 43.95 points, or 0.18%, to 24,986.40.