Market News

February 2026 presents a diverse IPO picture featuring Clean Max’s green energy speciality, Gaudium IVF’s healthcare debut, Shree Ram Twistex’s textile integration, and PNGS Reva’s luxury expansion. Read ahead to know what these four mainboard issues offer.

RBI has tightened lending norms for banks, funding brokers and capital market players, raising collateral requirements and reducing leverage, leading to a ~10% drop in bourses and stockbroker stocks.

Brandman Retail listed at ₹211.80, over its ₹176 issued price, after raising ₹86 crore, valuing the Sneakrz operator at ₹324.85 crore.

Indian markets ended higher as the Sensex rose 650 points and the Nifty closed above 25,680. Banks and power stocks led gains, while autos lagged. Broader markets stayed weak, signalling selective buying.

The RBI’s unexpected reversal on Default Loss Guarantees can boost NBFC profitability, revive fintech partnerships, and accelerate digital lending growth. This regulatory pivot changes India’s credit landscape and investor sentiment.

Indian Railway Catering and Tourism Corporation (IRCTC) reported a 15.6% YoY rise in Q3 FY26 net profit to ₹394.33 crore, with revenue climbing 18% to ₹1,449.47 crore. The board declared a second interim dividend of ₹3.50 per share.

Accor and InterGlobe are evaluating an IPO for their joint venture, aiming to expand their network to 300 hotels by 2030. Read more on how the companies are leveraging record 2025 growth and partnership with budget player Treebo.

Infosys ADRs fell over 7%, and Wipro shares declined around 5% as tech turbulence deepened on Wall Street, driven by broader sell-offs in global technology stocks. The weakness in U.S. markets spilled over to Indian IT names listed overseas, reflecting risk-off sentiment amid rising interest rates and AI-related rotation.

Welspun Living’s Q3 FY26 profit nearly vanished, with PAT at ₹0.2 crore versus ₹121 crore a year ago, as US tariff-led export disruptions hit margins.