Market News

SEBI has proposed changes that could make it easier for mutual fund investors who hold units in demat accounts to withdraw or transfer money on a fixed schedule.

The governing board of the National Stock Exchange has approved its initial public offering through an offer for sale after receiving a no-objection certificate from SEBI. The IPO is expected to raise ~$2.5 billion.

AI-led automation is reshaping India’s IT services model, pressuring large players like TCS and Infosys that rely on labour-heavy delivery. As repetitive work gets automated, margins and headcount face strain. Meanwhile, niche and mid-tier AI-focused firms are gaining deal wins, pricing power and faster growth.

The RBI kept the repo rate unchanged at 5.25% and maintained a neutral stance, pausing after cumulative rate cuts of 125 basis points since February 2025.

Bharti Airtel's Q3 FY26 results demonstrated strong revenue growth, which improved operating performance through increased ARPU and higher earnings before tax. The reported profit after exceptional items decreased because of a high base effect.

Sensex and Nifty snapped a three-day rally on Thursday, closing sharply lower as weak global cues and caution ahead of the RBI policy decision led investors to pare risk.

LIC reported higher profit and strong premium growth in Q3 FY26, driven by the stable demand within the individual and group insurance sectors. The performance was also indicative of great improvement in new business value and financial measures in the quarter.

Suzlon Energy shares fell nearly 6% after the company reported its Q3 results, as investors reacted cautiously despite growth in revenue and profits. The stock saw selling pressure amid concerns over margins, execution risks, and broader market sentiment around renewable energy stocks.

RVNL’s Q3 FY26 results show steady profit growth and a dividend boost despite rising costs, highlighting resilience in India’s rail infrastructure push while reminding investors that margins and execution remain key watchpoints.

Mazagon Dock Shipbuilders reported a 9% year-on-year rise in Q3 FY26 profit on strong revenue growth, though higher costs led to softer operating margins during the quarter.

Nykaa reported Q3 profit surging 142% year-on-year to ₹63 crore, driven by strong revenue growth, which climbed about 27%. The results reflect improved demand across its beauty and fashion segments, supporting healthy earnings expansion for the lifestyle retailer.

India and the US are set to finalise the first tranche of their trade agreement in the coming days, a move that will lead to a sharp cut in US tariffs on Indian exports to 18% from 50%.