Stocks

The S&P 500 Index fell 0.7% at 11:23 a.m. in New York, extending declines for a second-straight day and putting the benchmark on track for its first back-to-back decline of the year. The tech-heavy Nasdaq 100 Index dropped 1.3%, also adding to losses from Tuesdays session.

L&T Technology Services' net profit may increase 3.3% to Rs 340 crore from Rs 329 crore in the previous quarter.

Nasdaq traded 1.01% or 247.94 points lower at 23,471.77, S&P 500 traded 0.61% or 42.20 points lower at 6,916.62, and Dow Jones traded 0.29% or 140.59 points lower at 49,051.40.

Analysts also shared insights on the share price of Natco Pharma.

ICICI Prudential AMC logged a total income of Rs 1,624 crore in the third quarter, marking an 8.9% sequential jump.

Its deposit growth came at 3.36%, also much lower than the banking system's growth. The non-interest income for the reporting quarter increased 2.82% to Rs 4,541 crore.

Consolidated net profit fell nearly 10% to Rs 6,654 crore in the October-December quarter, compared to the preceding quarter.

NDTV Profit brought you all the latest December quarter results on Wednesday.

India's second-largest IT major Infosys declared Q3FY26 earnings results

CEO Abhishek Bansal says rising online retail penetration, improving profitability and automation-led expansion will shape the company’s next phase.

At the interbank foreign exchange, the rupee opened at 90.26 and touched the intra-day low of 90.30 and a high of 89.94 against the greenback.

ICICI Lombard aims to maintain a growth trajectory 100–200 bps ahead of the industry.

ICICI Lombard, Tata Elxsi, Endurance Tech, NLC India, Paytm and Just Dial are some of the important stocks to watch today.

Total traded volume so far in the day stood at 2.49 times its 30-day average.

Executive Centre India is one of the early international brands to lead the offering of premium flexible workspace solutions amongst the flexible workspace operators currently operating in India.

RR Kabel is seeing a shift in demand drivers, with new sectors shaping its growth outlook.

Groww reported a bottom line of Rs 547 crore, accounting for gains of up to 16.13% compared to the previous quarter.

The reduction in the workforce is attributed to an efficiency program by reducing fixed costs and streamlining structures.

Citigroup Inc. analysts upgraded their forecasts this week for gold and silver to $5,000 per ounce and $100 an ounce, respectively, in the next three months.

While Vedanta and Hindustan Zinc rose over 6%, Hindustan Copper and NACL Industries were up nearly 5%.