Synopsis: The Nifty IT index extended its brutal February sell-off on Tuesday, February 24, 2026, plunging 4.75% to hit a fresh 10-month low of 30,048.05. Driven by intensifying fears over AI-led disruption and a sharp correction in US tech stocks, the Indian IT sector has now seen over ₹5.05 lakh crore in market value eroded […]
Synopsis: One MobiKwik Systems Ltd (MOBIKWIK) stock rises to 12.5% in intraday trading on February 24, 2026. The rally follows a major regulatory milestone where the company’s subsidiary received final approval from the BSE to commence stock broking operations, marking a pivotal expansion into wealth management. MobiKwik Stock Rises 12.5% The fintech ecosystem witnessed a
Synopsis: NBCC (India) Limited (NSE: NBCC) has secured a significant work order worth ₹76.27 crore (excluding GST) from Dharanidhar University in Keonjhar, Odisha, on February 23, 2026. The fact is that the project, executed under the Project Management Consultancy (PMC) model, includes the construction of new academic and hostel buildings along with essential campus infrastructure
Synopsis: Morepen Laboratories Limited (NSE: MOREPENLAB) shares zoomed as much as 16% to reach an intraday high of ₹45.40 on Monday, February 23, 2026. The “Zero-Minute” fact is that the rally was triggered by the company securing a massive multi-year global contract worth approximately ₹825 crore ($91 million) for its high-growth Contract Development and Manufacturing
Synopsis: UPL Shares Crashed 13% today February 23, 2026, hitting an intraday low of ₹650.40. The crash follows the announcement of a complex group reorganisation and a cautious “Hold” rating from brokerages, as investors weigh potential dilution against long-term value unlocking. Why UPL Shares Crashed 13% Today Shares of agrochemical major UPL Limited faced intense
Synopsis: Gaudium IVF and Women Health Limited’s ₹165 crore IPO achieved full subscription on Monday, February 23, 2026, the second day of bidding. The “Zero-Minute” fact is that the issue reached 1.52x overall subscription, with the retail category leading at 2.16x, signaling strong conviction in India’s first pure-play listed fertility services provider. On Monday, February
Synopsis: Clean Max Enviro Energy Solutions Ltd, India’s largest C&I renewable energy provider, opened its ₹3,100 crore Initial Public Offering (IPO) for subscription today, February 23, 2026. With a price band of ₹1,000–₹1,053, the issue is a strategic play for investors looking to tap into the corporate green energy transition. Clean Max Enviro Energy Solutions,
Synopsis: IDFC First Bank Limited has uncovered a massive “unauthorized and fraudulent” scheme involving approximately ₹590 crore (approx. $65 million) across accounts linked to the Haryana government. The bank has suspended four employees at its Chandigarh branch and initiated a forensic audit to track the diverted funds. In a significant regulatory filing on February 22,
Synopsis: RailTel Corporation of India, in partnership with Ashoka Buildcon, has secured a massive ₹1,136.18 crore Letter of Intent (LoI) from the Maharashtra government. The five-year contract focuses on the digital modernization of the Inspector General of Registration (IGR) offices across the state. The RailTel-led consortium achieved a significant regulatory milestone on February 21, 2026,
Synopsis: In a swift response to a US Supreme Court setback, President Donald Trump signed a proclamation on February 20, 2026, imposing a 10% temporary import surcharge on all nations. For India, this move ironically lowers the effective tariff rate from the recently negotiated 18% to a uniform 10% starting February 24. The global trade
Synopsis: GIFT Nifty witnessed a massive relief rally on February 21, 2026, surging nearly 1.9% to cross the 25,880 mark. The spike follows a landmark US Supreme Court decision striking down President Donald Trump’s broad global tariffs, a move expected to significantly ease trade pressures for Indian exporters. The GIFT Nifty index, a key early
Synopsis: Gaudium IVF and Women Health Ltd saw a steady start on its opening day, February 20, 2026, reaching an overall subscription of 0.90 times. While institutional activity remained muted, retail investors led the momentum, fully booking their reserved portion within the first few hours of the issue. The ₹165 crore initial public offering (IPO)
