Hello and welcome to our live coverage of Indian stock markets.
Indian equity benchmarks erased opening losses. The BSE Sensex rose 700 points from day's low and the NSE Nifty 50 rose 0.2% to trade near 25,800. The trade deal has set the main cue for markets after months of FPI outflows.
On Tuesday, investors wealth rose by more than Rs 12 lakh crore after Indian stocks posted their best single-day rise in nine months after India signed a trade deal with the United States on Feb. 2. Financial stocks led the move, and export-focused shares helped lift the wider market after the deal eased a key source of uncertainty for domestic assets.
Q3 Results Live: Godrej Agrovet, Anup Engineering, Rubicon Research Shares React To Earnings Announcements
Godrej Agrovet Q3 (Cons, YoY)
- Stock rose 1.9% to Rs 559
- Revenue up 11.0% at Rs 2,718 crore versus Rs 2,450 crore
- Ebitda up 10.0% at Rs 242 crore versus Rs 220 crore
- Ebitda Margin down 10 bps at 8.9% versus 9.0%
- Net Profit up 3.0% at Rs 115 crore versus Rs 111 crore
The Anup Engineering Q3 (Cons, YoY)
- Stock fell 7% to Rs 1,924
- Revenue up 20.5% at Rs 206.9 crore versus Rs 171.7 crore
- Ebitda up 12.9% at Rs 44.1 crore versus Rs 39.1 crore
- Ebitda Margin down 146 bps at 21.3% versus 22.8%
- Net Profit down 15.5% at Rs 25.5 crore versus Rs 30.2 crore
Rubicon Research Q3 (Cons, YoY)
- Stock rose 5.9% to Rs 764.55
- Revenue up 51.7% at Rs 475.5 crore versus Rs 313.4 crore
- Ebitda up 54.6% at Rs 108.1 crore versus Rs 69.9 crore
- Ebitda Margin up 43 bps at 22.7% versus 22.3%
- Net Profit up 91.2% at Rs 72.8 crore versus Rs 38.1 crore
Bajaj Finance Q3 (Cons, YoY)
- Stock rose 0.1% to Rs 965.20
- Calculated NII grew 21% at Rs 11,318 crore YoY.
- Net Profit down 6.3% at Rs. 3,978 crore vs Rs. 4,247 crore YoY.
JK Lakshmi Cement Q3 (Cons, YoY)
- Stock fell 5.7% to Rs 719.15
- Revenue up 6.1% at Rs 1,588 crore versus Rs 1,497 crore
- Ebitda up 1.7% at Rs 205 crore versus Rs 202 crore
- Ebitda Margin down 60 bps at 12.9% versus 13.5%
- Net Profit down 24.0% at Rs 56.9 crore versus Rs 74.9 crore
Nazara Technologies Q3 (Cons, YoY)
- Stock fell 2.2% to Rs 278.35
- Revenue down 24.1% at Rs 406.1 crore versus Rs 535.1 crore
- Ebitda up 84.0% at Rs 67.7 crore versus Rs 36.8 crore
- Ebitda Margin up 980 bps at 16.7% versus 6.9%
- Net Profit down 35.4% at Rs 8.8 crore versus Rs 13.7 crore
Q3 Results Live: TCI Express, Mankind Pharma, Aditya Birla Capital React To Earnings Announcements
TCI Express Q3 FY26 (Cons, YoY)
- Stock rose 6% to Rs 573.50
- Revenue up 5.9% at Rs 314.1 crore versus Rs 296.5 crore
- Ebitda up 12.3% at Rs 32.5 crore versus Rs 28.9 crore
- Ebitda Margin up 50 bps at 10.3% versus 9.8%
- Net Profit up 14.8% at Rs 22.0 crore versus Rs 19.2 crore
Mankind Pharma Q3 (Cons, YoY)
- Stock fell 2.3% to Rs 2,102.30
- Revenue up 11.5% at Rs 3,567 crore versus Rs 3,199 crore
- Ebitda up 12.7% at Rs 919 crore versus Rs 816 crore
- Ebitda Margin up 30 bps at 25.8% versus 25.5%
- Net Profit up 7.6% at Rs 409 crore versus Rs 380 crore
Aditya Birla Capital Q3 (Cons, QoQ)
- Stock rose 0.2% to Rs 346.15
- Total Income up 13.1% at 12,002 crore QoQ.
- Profit up 10.5% at Rs. 945 crore vs Rs. 855 crore QoQ.
Firstsource Solutions Q3 (Cons, QoQ)
- Stock fell 0.6% to Rs 307.95
- Revenue up 6.6% at Rs 2,467 crore versus Rs 2,315 crore
- EBIT up 17.4% at Rs 316 crore versus Rs 269 crore
- EBIT Margin up 118 bps at 12.8% versus 11.6%
- Net Profit down 33.0% at Rs 120 crore versus Rs 180 crore
Action Construction Equipment Q3 (Cons, YoY)
- Stock rose 1.1% to Rs 876.15
- Revenue down 2.3% at Rs 854.6 crore versus Rs 875.1 crore
- Ebitda down 3.9% at Rs 129.7 crore versus Rs 134.9 crore
- Ebitda Margin down 23 bps at 15.2% versus 15.4%
- Net Profit up 4.2% at Rs 116.4 crore versus Rs 111.7 crore
Stock Market Live: Lloyds Metals Extends Rally For Third Day, Stock Soars 14%
Shares of Lloyds Metals & Energy Ltd. extended gains for the second consecutive trading session. The stock rose as much as 13.5% to Rs 1,324.50. Trading volume was 33 times its 30-day average, according to Bloomberg data. All the four analysts tracked by Bloomberg have a 'buy' rating on the stock. The analysts consensus price target tracked by Bloomberg was 1,733, implying a potential upside of 34% from the last regular trade.
Stock Market Live: Dishman Carbogen Slumps Over 10%, Stock Halts Two-Day Rally
Shares of Dishman Carbogen Amcis snapped its two-day rally and fell as much as 11.4%. Trading volume was 19 times its 20-day average, according to Bloomberg data. The stock has declined 19% in the past one month.
Stock Market Live: Sensex, Nifty Erase Opening Losses
Sensex gains 700 points from day's low and Nifty rose 0.2% to trade near 25,800
Stock Market Live: IT Stocks Decline, Persistent Systems, LTIMindtree Falls Over 6%
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Stock Market Live: Sensex, Nifty Decline In Opening Trade
- Sensex fell over 450 points at the open and Nifty fell 0.2% to below 25,700
- Broader markets too decline. The NSE Nifty Smallcap 250 fell 0.1% while the NSE Nifty MidCap 250 fell 0.2%.
Stock Market Live: Rupee Weakens, Bonds Fall
- The Indian rupee weakened at open against the US dollar. The local currency depreciated as much as 0.16% to 90.41 against the greenback.
- The yield on the 10-year note rose by one basis point to 6.71%
Stock Market Live: Sensex, Nifty Decline In Pre Market
Sensex falls over 600 points in pre-market trade while the Nifty fell 20 points to trade near 25,700.
S Jaishankar Meets Marco Rubio, Scott Bessent After Trade Deal Win
Stock Market Live: Gold, Silver Rise, Bullions Show Higher Local Rates
Gold and silver prices rose on Wednesday after the sharp fall over the past two days. Silver increased to Rs 2.67 lakh per kg, while gold rose to Rs 1.53 lakh per 10 grams.
In early Wednesday trade, gold held near $4,950 an ounce after it recovered part of its earlier decline. The metal built on a rise of more than 6% in the previous session. By Tuesday’s close, gold still sat about 12% below the Jan. 29 record, but remained nearly 15% higher for the year. Silver also steadied.
Stock Market Live: REC, PFC Shares In Focus After Merger Talks Report; Firm Issues Clarification
REC and PFC shares are in focus after a clarification on reports of a merger between the two lenders.
The company said the merger news is not based on details available with it. Finance Minister Nirmala Sitharaman had announced restructuring of the lenders on Sunday.
Stock Market Live: Your F&O Trade Setup For The Day
- Nifty February futures rose 2.71% to 25,823.10, a 95-point premium.
- In Nifty options for the Feb. 10 expiry, the highest call open interest stood at 27,000, while the highest put open interest was at 24,000.
Stock Market Live: Bharat Coking Coal In Focus After Q3 Swings To Loss
Bharat Coking Coal Q3 Results Highlights (Standalone, YoY)
- Revenue down 24.5% at Rs 2,783 crore versus Rs 3,689 crore
- Ebitda down 94.0% at Rs 33.7 crore versus Rs 566 crore
- Ebitda margin down 1410 bps at 1.2% versus 15.3%
- Net Loss at Rs 23.0 crore versus Profit of Rs 425 crore
Stock Market Live: Key Events To Watch Today
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RBI's monetary policy committee meeting starts, and the interest rate decision will be announced on Friday.
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Prime Minister Narendra Modi to reply on president's address in the Lok Sabha
- External Affairs Minister S. Jaishankar in Washington.
Stock Market Live: Infosys, Wipro ADRs Slide After Anthropic Tool Launch
New York-listed shares of Infosys Ltd. and Wipro Ltd. fell more than 5% after Anthropic released an AI automation tool that investors worry could cut into their core businesses.
Anthropic added a legal tool to its website and said it can automate work such as contract review and legal briefings. The website said, “All outputs should be reviewed by licensed attorneys.”
Stock Market Live: Oil Rises After US Downs Iranian Drone Near Carrier
Crude prices rose on Wednesday after the United States shot down an Iranian drone near a US aircraft carrier in the Arabian Sea. President Donald Trump said diplomatic channels remain open, and the White House said US-Iran talks are still scheduled for Friday, as per reports.
Brent rose nearly 1.6% to $67.33 a barrel, while West Texas Intermediate moved towards $64. Brent is up nearly 11% month to date amid Middle East tensions.
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