Markets Today Highlight: FMCG and PSU Bank shares bore the brunt of the selling on Friday after RBI, as expected, announced a 25 bps rate cut. Mid- and Small-cap indices finished on a mixed note.

BSE, stock market, sensex

In its December 2024 Monetary Policy Committee meeting, the RBI kept the repo rate unchanged at 6.5 per cent for the eleventh consecutive meeting

Reserve Bank of India Governor Sanjay Malhotra delivers the Monetary Policy statement on February 7, 2025. (PTI photo)

RBI Governor Sanjay Malhotra

RBI Monetary Policy Highlights: RBI Governor Sanjay Malhotra announced a 25 bps cut in the repo rate -- from 6.5% to 6.25%

Sanjay Malhotra, RBI

The profit fell to Rs 104 crore ($11.95 million) for the three months ended Dec. 31, 2024, from Rs 140 crore a year earlier

Q3 result

Mahakumbh 2025, which commenced on Paush Purnima (January 13, 2025), is the world's largest spiritual and cultural gathering, attracting devotees from across the globe

Modi, Narendra Modi

Solarium Green Energy on Tuesday said it has set the price band at Rs 181-191 per share for its Rs 105 crore initial share sale, which will hit capital markets for public subscription on February 6.
The public issue will close on February 10 and the shares of the firm will be listed on BSE's SME platform. Investors can bid for a minimum of 600 shares and in multiples thereof, the company said in a statement.
The initial public offering (IPO) is entirely a fresh issue of 55 lakh equity shares. At the upper end of the price band, the company will fetch up to Rs 105.04 crore from the IPO.
The net proceeds from the IPO are to meet working capital requirements and to address general corporate purposes.
"The funds raised through this IPO will enhance our working capital, ensuring seamless project execution and positioning Solarium to capitalise on emerging opportunities in the renewable sector," Ankit Garg, Chairman & Managing Director of Solarium Green Energy, said.
Solarium Green ...

IPO rush, market

Experts feel that funding freeze may not move the needle much; but some projects will be in limbo

USAID

A decade of prioritising national ambitions over implementation has destroyed Kejriwal's chance of emerging as the progressive alternative to Modi

AAP, Kejriwal, Arvind Kejriwal

India will come on his radar soon, but while we wait for Mr Trump's other disruptive shoes to drop, taking a helicopter view of his actions serves us better than reacting in a knee-jerk fashion

The upside of Trump's disruptions

Airtel targeting 80 million potential postpaid users, will not be early mover on GPU as a service

Gopal Vittal, Gopal

On the growth front, the need for monetary support remains high

Sanjay Malhotra, M Rajeshwar Rao, Swaminathan Janakiraman,  T Rabi Sankar

Steve Smith hit his 36th century and shared an unbeaten 239-run partnership with Alex Carey as Australia powered to 330-3 at stumps on day two of the second Test against Sri Lanka in Galle on Friday.
With a lead of 73 runs and seven first-innings wickets in hand, the tourists are in control.
Smith anchored the innings with a sublime 120 not out off 239 balls, while Carey took the attack to Sri Lanka with a fluent 139 not out off 156. It was Smith's second ton of the series, while Carey notched up only his second Test hundred in style.
Australia had slumped to 37-2 before Smith and Usman Khawaja (36) steadied the innings with a crucial 54-run stand for the third wicket. Khawaja, who got a double hundred in Australia's huge win in the first test of the two-match series, looked solid against spin. However, an ill-judged pull shot saw him trapped leg before wicket to off-spinner Nishan Peiris, (2-70 off 21 overs) cutting short his promising start.
Smith, too, took time to settle and ha

Steve Smith

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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SL vs AUS: Steve Smith hits 36th Test century as Australia dominate hosts

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Stock Market Highlights: Rate cut fails to cheer D-St; Sensex ends 198 pts lower, Nifty at 23,560

RBI MPC cuts repo rate by 25 bps to 6.25%, continues with 'neutral' stance

RBI MPC 2025 Highlights: Endeavour of RBI to provide as much as liquidity as required, says RBI Guv

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