NEW DELHI – Finance Minister Nirmala Sitharaman is set to create history today, Sunday, February 1, 2026, by presenting her ninth consecutive Union Budget. This milestone not only cements her position as the longest-serving Finance Minister in continuous tenure but also marks a rare departure from parliamentary tradition, as it is the first time the […]
MUMBAI – The Indian metals sector faced a “Black Sunday” as shares of Vedanta Ltd and its subsidiary, Hindustan Zinc Ltd (HZL), extended their brutal decline during a special Budget Day trading session on February 1, 2026. Despite reporting record-breaking quarterly earnings earlier in the week, the two mining giants were caught in the crosshairs
MUMBAI – Shares of Tata Motors Limited plummeted over 4% on Friday, January 30, 2026, as investors reacted to a complex third-quarter (Q3FY26) report. While the company achieved a robust double-digit jump in revenue, the consolidated net profit saw a staggering 48% year-on-year (YoY) decline, falling to ₹705 crore. The sharp drop in profit has
NEW DELHI – REC Limited, the Maharatna public sector power financier, reported a stable yet muted third-quarter (Q3FY26) performance on Thursday, January 29, 2026. While the company maintained its streak of rewarding shareholders with a third interim dividend, its bottom line faced a “plateau” effect, with net profit remaining virtually flat year-on-year (YoY) and witnessing
MUMBAI – Shares of South Indian Bank (SIB) plummeted over 14% on Friday, January 30, 2026, marking the stock’s steepest single-day decline in nearly eight years. The massive sell-off was triggered by the sudden announcement that the bank’s Managing Director and CEO, PR Seshadri, will not seek reappointment when his current term expires on September
MUMBAI – In a dramatic reversal of fortune, shares of billionaire Anil Agarwal’s flagship, Vedanta Limited, plunged as much as 8.34% on Friday, January 30, 2026. The sharp decline snapped a six-day winning streak and saw the stock hit an intraday low of ₹702.40 on the National Stock Exchange (NSE). The crash comes as a
BENGALURU – Hyperlocal delivery giant Swiggy Limited reported a challenging third quarter on Thursday, January 29, 2026, as its consolidated net loss remained above the ₹1,000 crore mark for the second consecutive quarter. While the company achieved a massive 54% surge in revenue, the heavy cost of scaling its quick-commerce arm, Instamart, continues to weigh
MUMBAI – Domestic brokerage powerhouse Motilal Oswal Financial Services (MOFSL) has reiterated its “Sell” rating on India Cements Ltd (ICL), setting a revised target price of ₹370. The downgrade follows a turbulent third quarter (Q3FY26) for the South-based cement major, where a fragile recovery was derailed by a return to consolidated losses, sparking concerns about
MUMBAI – Shares of SBI Life Insurance Company, India’s largest private life insurer, declined as much as 4.05% on Thursday, January 29, 2026, hitting an intraday low of ₹1,970 on the National Stock Exchange (NSE). The sharp drop comes despite a steady top-line growth, as investors reacted to rising operating expenses and a slight compression
MUMBAI – Shares of Hyderabad-based Gland Pharma surged over 9% on Thursday, January 29, 2026, hitting an intraday high of ₹1,849 on the National Stock Exchange (NSE). The vertical rally follows the company’s strongest quarterly performance in its history, characterized by a sharp rebound in its core U.S. business and a long-awaited operational turnaround in
MUMBAI – In an unprecedented move that has rewritten the history of Indian commodity markets, silver futures on the Multi Commodity Exchange (MCX) breached the psychological barrier of ₹4,00,000 per kilogram on Thursday, January 29, 2026. The “white metal” surged over ₹22,000 in a single session, outshining gold and delivering a staggering 73% return in
MUMBAI – Shares of state-owned Hindustan Copper Limited (HCL) skyrocketed nearly 18% on Thursday, January 29, reaching a fresh 52-week high of ₹745 on the National Stock Exchange (NSE). The explosive rally in the PSU miner comes as international copper prices hit an all-time high, coupled with the company’s strategic win of a massive new
