Share Market News

Bajaj Finance Ltd’s consolidated net profit was reported to reach ₹4,066 crore in Q3 FY26. This is a 6% decrease compared to last year. This dip is due to increased provisions and some one-time costs related to labour changes, which had an impact on earnings.

Indian markets enter Wednesday after a broad rally on Tuesday that saw benchmarks rise over 2% amid strong sectoral participation and supportive global cues.

Post-Budget 2026, how your gold or silver is held matters as much as how it performs, with different tax rules for SGBs, ETFs, digital and physical metals. Changes to exemptions, holding periods and entry routes can sharply alter final returns, turning tax structure into a key part of the investment decision.

On 3 February 2026, Indian markets extended their rally, with the Sensex and Nifty climbing over 2.5% each as risk sentiment improved following news of a potential India-US trade deal and tariff rate cuts. Global cues supported domestic equities, leading to broad buying across banking, auto, and financials.

Hyundai Motor India saw a 6.35% increase in after-tax profit, reaching ₹1,234.4 crore in the December quarter. This growth was aided by strong demand within India and better operational performance. Even with margin pressure and market competition, these results show the company’s steady yield profile and continued relevance in India’s passenger vehicle market.

A Boeing 787-8 operated by Air India has been grounded after a pilot reported a possible fault in a cockpit fuel control switch, a critical component governing engine fuel flow. The development has drawn regulatory attention, resurfacing concerns around these switches after last year’s fatal Dreamliner crash in India.

India’s white-collar hiring rose 3% year-on-year in January 2026, marking a steady start to the year, according to the Naukri JobSpeak Index. Growth was driven mainly by non-IT sectors such as BPO/ITES, hospitality, insurance, and healthcare, while IT hiring stayed flat. Fresher recruitment also expanded, reflecting broader demand across industries.

Fractal Analytics is coming up with a blockbuster IPO, raising ₹2,833.9 crore. With global high revenue, a sharp profit turnaround and renowned investors, this listing is worth watching closely.

RailTel’s Q3 earnings reveal a narrative of strong sales momentum but falling margins, as rising costs cut into profitability. While short-term pressure persists, good nine-month growth and a large order book keep the long-term story intact.

Ather Energy achieved its best Q3 due to festive season demand with record delivery numbers. The company achieved better financial results through increased operational volume, enhanced profit margins, and reduced operational expenses, but the ongoing market competition together with its need for funding made it uncertain whether this progress would become a permanent business recovery.

The US has reduced tariffs on Indian goods from 25 per cent to 18 per cent, a move announced by President Donald Trump and welcomed by Prime Minister Narendra Modi.

US President Donald Trump has announced Project Vault. It is a $12 billion plan to create a strategic stockpile of critical minerals, backed by a $10 billion EXIM Bank loan and $2 billion in private funding.

Bajaj Housing Finance reported a 21% YoY rise in Q3 profit to ₹665 crore, driven by a 15% increase in net interest income and strong loan growth. The results show better asset quality together with high profit margins, which help the housing finance company to maintain its earnings growth.

Power Grid's share price increased by 7% after the PSU increased its FY26 capex guidance to ₹32,000 crore. The market responded to the optimism surrounding greater growth potential, stronger execution visibility, and an attainable borrowing plan, reflecting market expectations of rapid additions to the company’s assets and medium-term growth in earnings.

The government is considering a stake sale in LIC through a Follow-on Public Offer (FPO) in the next financial year to raise funds and enhance stock liquidity. This move follows earlier divestment steps and aims to broaden public ownership while supporting fiscal goals.

UBL Ltd reported Q3 profit falling 43% to ₹490 crore due to a high base in the prior year. The earnings decline reflects weaker margins and industry challenges, leading to a notable drop in net profit for the quarter.

GAIL plans to add 85 CNG stations over the next two years, signalling continued expansion even as December-quarter profit came under pressure.

Indian markets recovered part of Sunday’s Budget-day losses on Monday as buying in heavyweights and a firmer rupee helped stabilise sentiment. Sensex Jumps 943 Pts, Nifty at 25,088.

Defence stocks are on edge as India’s Budget 2026 hikes capex by 22%, boosting aircraft, naval, and modernisation spending. While long-term growth looks promising, investors are advised to pick carefully amid lofty valuations.

The National Stock Exchange (NSE) is moving closer to a long-awaited public listing, with major early investors preparing to sell part of their stakes. The proposed $2.5 billion IPO is expected to be a pure secondary sale.

Budget 2026 announced that foreign companies can fund manufacturing equipment in India without exposing themselves to tax liability, a move widely viewed as a win for Apple’s local manufacturing strategy. The policy is expected to boost investment in production assets by global device makers and improve India’s appeal as a manufacturing hub.

After a sharp sell off on Budget Day, Indian markets staged a rebound on 2 February 2026. The upward movement in the market has been accompanied by renewed inflow of foreign (and domestic) capital, supportive international markets and decreasing price volatility, although investors are still cautious ahead of important earnings reports and macroeconomic indicators

Shares of India's downstream oil marketing companies rose after global crude oil prices fell by approximately 4% following a peaceful resolution to the United States-Iran conflict. The price correction has improved fuel retailers' short-term profit margins, which has led investors to review their predictions for the energy sector.

Gold and silver prices fell sharply after the Union Budget FY27, triggered by aggressive futures selling, risk-off sentiment, and unchanged import duties. After recent record highs, bullion corrected steeply amid broader market weakness, with analysts expecting near-term stabilisation around key technical support levels.

Indian government bonds opened the week on shaky ground. Traders reacted swiftly to the Union Budget’s borrowing numbers, pushing the benchmark 10-year yield to levels not seen in almost a year.

Budget 2026 has made tourism into a market darling. With tax cuts, infrastructure push and medical tourism plans, travel stocks are rallying—and investors may be seeing the early stages of a long-term growth story.

PSU bank stocks slid sharply after the Union Budget 2026, with key names falling up to 9% as higher government borrowing, yield-spike fears, dividend extraction concerns, and a derivatives STT hike hit sentiment. Profit-taking and algorithmic selling amplified losses across the broader market.

Budget 2026 reshapes your wallet and your assets. From cheaper travel, healthcare, and gadgets to costlier alcohol and trading, here’s how the latest tax revisions will impact consumers, businesses, and investors

The rupee is hovering near 92 per dollar, with analysts expecting further weakness after the Budget due to a strong dollar, foreign outflows and limited measures to attract fresh capital.