Market News

SpiceJet reported a Q3 net loss of ₹261 crore despite a 14% rise in revenue, weighed down by rising fuel costs and higher operating expenses. The results highlight ongoing financial and operational challenges for the airline.

Coal India reported a 15.8% drop in Q3 FY26 net profit, with revenue down 5%, while declaring a ₹5.50 interim dividend.

India’s auto industry posted record January 2026 wholesales, with passenger vehicles, two-wheelers and three-wheelers reporting strong double-digit growth in domestic sales and exports, according to SIAM data.

Sensex plunged over 1,000 points amid a global tech sell-off, dragging broader markets lower and lifting volatility, while gold and silver prices rebounded after the previous session’s decline.

Flipkart is exploring entry into online food delivery with a Bengaluru pilot planned by mid-2026, evaluating standalone and ONDC models, as India’s $9 billion market remains dominated by Zomato and Swiggy.

Q3 FY26 auto volumes recorded strong growth, with January 2026 registrations reaching 2.72 million units, up 17.6% year-on-year. The growth was mainly driven by GST reclassification.

Mahindra’s ₹196 crore investment in Chennai isn’t just an expansion, but it’s a strategic move to turn India into a global EV and automotive innovation hub. This will generate 2,000 jobs and indicate long-term value for investors.

India's palm oil imports increased 51% m/m in January to 766,384 metric tonnes, the highest since four months ago, as refiners reoriented buying following a pricing discount versus soyoil.

Investors can expect a cautious and largely range-bound trading session on Thursday, as market participants remain selective amid mixed cues. Rather than a strong directional move in the broader indices, stock-specific action is likely to dominate.

Investors on Wall Street are increasingly dumping stocks of companies seen as vulnerable to AI disruption, not just buying AI leaders, triggering sharp sell-offs in firms viewed to be in AI’s crosshairs.

AI, defence, and the energy transition are expected to drive India’s next wave of capital expenditure, according to Chetan Ahya. Investment in these sectors will support long-term economic growth, productivity, and strategic self-reliance.

Ashok Leyland reported a 4.5% YoY rise in Q3 FY26 net profit to ₹796 crore on 22% revenue growth, supported by strong volume momentum across MHCV, LCV, and exports.