Markets News

Here's why Power Grid Corporation share price rose 4% in trade on Feb 2

Power Grid further announced a second interim dividend of ₹3.25 per equity share of ₹10 each (32.5 per cent of paid-up capital) for FY25-26

Stock Market LIVE Updates: Sensex up 600 pts; Nifty nears 25k; realty, auto indices up 1%

Sensex Today | Stock Market LIVE Updates, February 2, 2026: The Nifty Midcap100 and Nifty Smallcap100 indices were trading lower by 1.1 per cent and 1.5 per cent, respectively

MCX Gold, Silver crash up to 44% from record highs; is the rally over?

At current levels, MCX Gold prices have retraced up to 38.2 per cent, and Silver up to 50 per cent, highlights Aamir Makda Commodity & Currency Analyst of Choice Broking.

Shriram Finance down 5% as company receives GST penalty order from tax dept

Shriram Finance informed stock exchanges that it has received an order from the Office of the Commercial Tax Officer, Chennai South (Tamil Nadu) levying a penalty of ₹46,91,115 for FY 2022-23

FMCG index hits 52-week low; Patanjali, Godrej Cons, HUL, ITC down up to 3%

Thus far in the calendar year 2026, the BSE FMCG index has underperformed the market by falling 7 per cent, as against 4.8 per cent decline in the BSE Sensex.

Budget 2026 playbook: Brokerages identify 5 sectors that will benefit most

FM Sitharaman announced a tax holiday until 2047 for foreign companies providing global cloud services from India, provided services to Indian customers are routed via an Indian reseller

Shilchar Technologies jumps 10% after posting Q3 results; PAT up 22% YoY

In Q3, Shilchar Technologies posted consolidated net profit of ₹42.34 crore, as compared to ₹34.77 crore year-on-year (Y-o-Y), up 22 per cent.

Budget 2026: Mid, smallcap indices fall 4% in 2 days as STT hike takes toll

Small and mid-cap stocks (SMIDs) extended their slide on Monday as Budget 2026's proposal to double STT on F&O trades triggered liquidity concerns.

ITC, Godfrey Phillips, VST Ind slip up to 6% in 2 days on new cigarette tax

In two sessions, ITC shares declined over 5 per cent, Godfrey Phillips over 6 per cent and VST Industries over 3 per cent

Silver, gold ETF rout deepens as metals' historic plunge continues

In the global market, spot gold and silver prices were lower by 6 per cent and 11.8 per cent, respectively. From their record highs, gold and silver are down 13.5 per cent and 32 per cent

Tata Motors PV rises 3% on Jan sales nos; intl biz sales jumps 251% YoY

Tata Motors PV reported total sales of 71,066 units in January 2026, up 47.1 per cent from 48,316 units in January 2025, according to the exchange filing

Nifty PSU Bank index slips 8% in 2 days; Indian Bank, BOB down up to 11%

Despite the past two days decline, the Nifty PSU Bank index has outperformed the market by surging 21%, as against 1% rise in the Nifty 50 in the past five months.

Motilal Oswal picks Maruti Suzuki in OEMs, sees promise in M&M and TVS

According to MOFSL, the demand for vehicles has picked up across segments, buoyed by GST rationalisation, and remains strong even post the festive season

Nifty Metal sheds 9%, Hind Zinc 20% in 2 days; what should investors do?

Drumil Vithalani, technical analyst at Bonanza decodes trading strategy in Nifty Metal, as the index slumps over 9 per cent in two trading sessions.

Bank of Baroda shares fall as analysts downgrade stock after Q3 results

The lender's net profit rose 4.5 per cent year on year (Y-o-Y) to ₹5,055 crore in Q3 FY26, aided by lower provisioning and a marginal rise in non-interest income

Latent View Analytics rallies 8%, trades higher for 3rd day; here's why

The Data & Analytics industry is positioned for continued robust growth, driven by organizations' increasing recognition of data as a critical competitive advantage.

Delhivery up 5% in 2 days post Q3; analysts see strong growth outlook

In the December quarter, the company reported profit after tax (PAT) for Q3 at ₹40 crore, as compared to ₹25 crore a year ago

E2E Networks, Anant Raj surge up to 10% on tax holiday for cloud services

In comparison, the benchmark NSE Nifty50 was trading almost flat at 24,832.95 levels.

Crypto rout deepens as ETF outflows, geopolitical tensions rattle investors

Until macro stability returns and ETF inflows resume, crypto markets, analysts believe, are likely to remain defensive

From Jefferies to Goldman Sachs: Brokerages decode Budget 2026 fine print

Jefferies' industry discussions indicate up to 5 per cent volume impact, and estimate a 5 per cent decline in ADTO/orders for BSE/GROWW could result in 4 per cent earnings impact