Market News

Coal imports used for blending by power plants fell over 54% year-on-year in April–December as domestic coal output and plant inventories improved and the government withdrew blending advisories. Higher stocks reduced reliance on seaborne coal, cutting import dependence, easing cost volatility for utilities, and softening demand in the regional coal market.

Indian equity markets faced a sharp reality check as the 3-day rally came to an abrupt end. Read more about the BSE Sensex and NSE Nifty 50 declining, weighed down by a high sell-off in heavyweight stocks and a tech-led decline.

Tata Power reported a marginal rise in Q3 net profit to ₹1,194 crore, with revenue declining year-on-year amid challenges. The company’s EBITDA increased, and growth in renewables and other segments supported overall performance.

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

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.

Adani Enterprises reported a consolidated PAT of ₹ 5,627 crore in Q3 FY26, which is almost a 97-fold YoY jump due to a one-time gain from a stake sale. Revenue rose by 8-9% YoY as compared to previous years to approximately ₹ 24,820 crore, with operating measures improving moderately.