Latest Updates Around The World
According to industry experts, the consumer discretionary sector continues to show mixed performance across segments, driven by gold prices, festive shifts and evolving consumer behavior.Jewelry and shoes lead to growthGaurav Jogani of JM Financial Institutional Securities, in an interview with ET Now, highlighted that the jewelery segment witnessed significant growth, largely due to the 65% […]
February 12, 2026 Image source: ChatGPT Benchmark indices Sensex and Nifty opened lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve. In the broader market, the Nifty MidCap […]
FMCG major Patanjali Foods reported a 60% rise in its consolidated net profit for the quarter ended December at Rs 594 crore, compared to Rs 371 crore reported in the previous year period. Operating income from operations showed a growth of 17% at Rs 10,484 crore in Q3FY26, compared to Rs 8,997 crore in the […]
Mumbai: India’s red-hot IPO market in 2025 was driven less by companies bringing in growth capital and more by existing shareholders using high valuations to cash out. Of the 103 motherboard listings that raised ₹1,75,901 crore, ₹1,11,495 crore, or 63.4% of the total proceeds, was sent to existing shareholders through the OFS route. In contrast, […]
Newly listed eyewear retailer Lenskart, in its first quarterly results as a listed company, reported a 21% year-on-year increase in operating revenues to ₹2,096 crore for July-September.The improvement in operational performance led to a 20% increase in net profit to ₹103 crore. The Gurgaon-based company reported earnings before interest, taxes, depreciation and amortization (Ebitda) at […]
Markets moved higher on Thursday to hit a new record high, supported by favorable global cues. In addition to strength in US markets, optimism around possible rate cuts and easing in crude oil prices continued to support buying sentiment.“We expect the positive momentum to continue, with the Nifty gradually moving towards the 26,500 mark. On […]
Indian markets remain choppy, but investor opportunities continue to emerge in banking, auto, consumer and select digital stocks, said Sudip Bandyopadhyay, group chairman, Inditrade Capital. In an interview with ET Now, he outlined where he sees clear value – and where caution is needed. IndusInd Bank: Buy now, but wait a year Bandyopadhyay remains bullish […]
After nearly four months of back-to-back public offerings that have helped Indian companies raise record capital in the primary market, the week ahead will be noticeably quieter. No new motherboard IPOs are planned, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will […]
A week of heady quotes met a harsh dose of reality on Wednesday as three of Dalal Street’s most watched newcomers, PhysicsWallah, Lenskart and Groww, fell sharply to 10% in volatile trading. The pullback, driven by profit-taking and a dramatic short-seller boom in Groww, forced investors to reassess how much heat these newly listed stocks […]
The gray market premium (GMP) for eyewear retailer Lenskart Solutions has fallen to zero, negating all the excitement ahead of its market debut on Monday. The GMP, which had peaked at Rs 108, implying a listing population of over 25% before the IPO announcement, has now collapsed, indicating that the counter could see a flat […]
