Market News

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.

Indian markets ended lower as IT stocks slumped sharply, while financials offered support. Traders now may eye sector rotation, banking strength, and possible IT stabilisation amid cautious, range-bound sentiment.

After RERA’s 2016 launch, the Supreme Court signalled deep dissatisfaction with its functioning, asking states to reassess the regulator’s purpose.

Mamaearth’s parent Honasa stunned Dalal Street with 93% profit growth, 30% volume surge, and margins doubling in Q3 FY26. This indicates a sharp turnaround and rising strength of India’s rising beauty market.

India’s January 2026 retail inflation printed at 2.75% under the new CPI base year 2024, with food inflation at 2.13%, rural 2.73%, urban 2.77%, and the basket expanded to 358 items.

PNGS Reva Diamond Jewellery’s ₹380 Cr. IPO, a pure fresh issue, launches on 24 February 2026. Priced between ₹367 and ₹386, the proceeds focus on aggressive retail expansion and brand-exclusive stores. Learn more about how this listing aims to capitalise on India’s booming diamond market.

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.

Chief Economic Advisor V Anantha Nageswaran said the new CPI series will improve data quality for monetary and fiscal policy decisions. The NSO has released the CPI with Base 2024=100, updating the inflation basket by adding new items and removing outdated ones.

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.