Sunday, February 8, 2026

Q3 Results Next Week: Titan, M&M, HUL, ONGC, Coal India Earnings in Focus

By Blogger February 08, 2026 No comments

Q3 Results Next Week: Titan, M&M, BSE, HUL, ONGC, Coal India and Other Key Earnings to Watch

The upcoming week is set to be a busy one for investors as several heavyweight companies are scheduled to announce their financial results for the quarter ended December 31, 2025 (Q3 FY26). Earnings from sectors such as FMCG, automobiles, oil & gas, metals, pharmaceuticals, infrastructure, and financial services will offer important cues on corporate performance and market direction.

Stocks like Titan Company, Mahindra & Mahindra, Hindustan Unilever, ONGC, Coal India, BSE, and many others will be closely tracked by market participants for insights into demand trends, margin pressures, and management outlook.

Key Companies Announcing Q3 Results Next Week

A diverse set of companies, ranging from large-cap leaders to mid- and small-cap players, will release their earnings. Apart from headline names, results from companies such as Grasim Industries, Britannia Industries, Divi’s Laboratories, Hindalco Industries, Hindustan Aeronautics, and Info Edge India are also expected to influence sectoral sentiment.

Investors will be particularly focused on:

FMCG companies for rural demand recovery and margin stability
Automobile makers for volume growth and export trends
Oil & gas PSUs for realizations, subsidies, and global crude impact
Metals and mining firms for commodity price movements
Pharma companies for US market performance and regulatory updates

Q3 Results Schedule: Day-Wise List

February 9, 2026

Key companies reporting results include BSE, Zydus Lifesciences, Aurobindo Pharma, GlaxoSmithKline Pharmaceuticals, KPR Mill, Navin Fluorine International, Cholamandalam Financial Holdings, Amber Enterprises India, The Ramco Cements, Pfizer, Bata India, and several others.

February 10, 2026

Major names scheduled include Titan Company, Eicher Motors, Britannia Industries, Grasim Industries, Samvardhana Motherson International, Oil India, Apollo Hospitals Enterprises, United Breweries, Jubilant FoodWorks, Escorts Kubota, and more.

February 11, 2026

This day will see results from Mahindra & Mahindra, Divi’s Laboratories, Ashok Leyland, LG Electronics India, Lenskart Solutions, Patanjali Foods, Bayer CropScience, Amara Raja Energy & Mobility, among others.

February 12, 2026

Important earnings announcements include Hindustan Unilever, ONGC, Coal India, Hindalco Industries, Hindustan Aeronautics, Muthoot Finance, Bharat Forge, Lupin, Biocon, CRISIL, and several additional companies.

February 13, 2026

Companies such as Torrent Pharmaceuticals, Alkem Laboratories, NBCC (India), Ipca Laboratories, BASF India, KFin Technologies, Indigo Paints, and others will declare their Q3 numbers.

February 14, 2026

The earnings season concludes with results from Ahluwalia Contracts India, Lux Industries, PTC India, Pennar Industries, Rane Holdings, Shriram Properties, and a host of small-cap firms.

What Investors Should Watch

With a packed earnings calendar, market volatility may increase in individual stocks. Investors should focus on revenue growth, operating margins, profit trends, and management commentary to assess the sustainability of earnings and future growth prospects.

Long-term investors may look for fundamentally strong companies delivering consistent performance, while short-term traders may track result-based price movements.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

NSE Board Approves IPO via OFS Route, Key Details for Investors

By Blogger February 07, 2026 No comments

NSE Board Clears IPO via Offer-for-Sale Route: What It Means for Investors

The board of the National Stock Exchange (NSE), India’s largest stock exchange by trading volumes and transaction count, has approved its long-awaited initial public offering (IPO). This landmark decision marks a significant step toward listing one of the country’s most influential financial market institutions.

According to the board’s decision, the NSE IPO will be executed entirely through the offer-for-sale (OFS) route. This means that no fresh equity will be issued by the exchange, and the offering will instead allow existing shareholders to partially dilute their holdings by selling shares to the public.

IPO Structure and Key Highlights

The approval by the NSE board brings clarity to the structure of the proposed public issue, which has been under discussion for several years. By choosing the OFS route, the exchange aims to provide liquidity to current investors without altering its capital base.

The IPO will be a pure offer-for-sale with no fresh issue component.
Proceeds from the IPO will go to selling shareholders, not the exchange.
The move is expected to enhance transparency and corporate governance.

Market participants view this development as a major milestone for India’s capital markets, as the listing of the NSE could unlock significant value and broaden investor participation.

Major Shareholders in the NSE

At present, the shareholding structure of the NSE is dominated by large institutional investors. Life Insurance Corporation of India (LIC) is the single largest shareholder, holding around 10% stake in the exchange. This is followed by the SBI group, which collectively owns approximately 7.6%.

Several other domestic and foreign institutional investors also hold minority stakes. The OFS-based IPO is expected to give some of these shareholders an opportunity to monetize part of their investments after years of limited liquidity.

Five-Member Panel to Oversee IPO Process

To ensure smooth execution of the listing process, the NSE board has constituted a dedicated panel comprising board members and senior leadership. This committee will oversee regulatory coordination, appointment of intermediaries, and overall preparedness for the public issue.

The panel includes:

Tablesh Pandey
Srinivas Injeti
Mamata Biswal
Abhilasha Kumari
G Sivakumar
Ashishkumar Chauhan

The committee’s formation signals the exchange’s intent to move decisively toward listing, subject to regulatory approvals and market conditions.

Why the NSE IPO Matters

The listing of the NSE is expected to be a transformational event for Indian financial markets. As a market infrastructure institution, the exchange plays a central role in equity, derivatives, and debt trading across the country.

For retail investors, the IPO could provide a rare opportunity to invest in a core financial institution with a strong market position and robust trading ecosystem. From a broader perspective, the listing may also improve governance standards and public disclosure practices at the exchange.

While timelines and valuation details are yet to be disclosed, investor focus will remain on regulatory clearances, market sentiment, and the final offer size.

RBI Keeps Repo Rate at 5.25%, Maintains Neutral Stance Amid Growth Optimism

By Blogger February 06, 2026 No comments

RBI Keeps Repo Rate Unchanged at 5.25%, Maintains Neutral Policy Stance

Monetary Policy Decision for FY26

The Reserve Bank of India (RBI) on Friday decided to keep the policy repo rate unchanged at 5.25%, as the six-member Monetary Policy Committee (MPC) concluded its final bi-monthly meeting for the financial year 2025–26. The central bank also retained its neutral policy stance, signaling a balanced approach amid evolving economic conditions.

This decision was largely in line with market expectations, as policymakers continue to monitor inflation trends, global developments, and domestic growth indicators before taking further action.

Policy to Be Guided by Revised Inflation Data

RBI Governor Sanjay Malhotra stated that monetary policy decisions for the full financial year beginning April will be guided by new inflation data based on the revised GDP series, which is expected to be released later this month.

According to the Governor, the upcoming data will provide a clearer picture of price behavior and macroeconomic conditions, enabling the central bank to better assess inflationary pressures and growth dynamics.

Focus on Data-Driven Decisions

Malhotra emphasized that the revised data will help the RBI fine-tune its future policy actions. The central bank remains cautious and prefers to rely on updated economic indicators before making any changes to interest rates.

Optimism on Growth Outlook

Striking an optimistic tone, the RBI Governor highlighted positive developments on the trade front. He noted that recent and upcoming international trade agreements are expected to support India’s economic momentum.

“With the signing of the India–EU trade deal and the US trade agreement in sight, growth momentum is likely to be sustained for a longer period,” Malhotra said, indicating confidence in the medium-term growth outlook.

Liquidity Management Remains a Priority

The RBI reaffirmed its commitment to proactive liquidity management. The Governor stated that the central bank would continue to ensure adequate liquidity in the banking system to support productive sectors of the economy.

This approach aims to balance credit availability with financial stability, especially at a time when investment demand and consumption trends are closely linked to broader global conditions.

Stability in Government Bond Yields

The MPC also observed that government security (G-sec) yields have shown signs of stability over the past eight months. These yields have broadly tracked global bond market trends, reflecting improved alignment between domestic and international financial conditions.

Stable bond yields are seen as a positive signal for financial markets, helping contain borrowing costs and supporting orderly market functioning.

Key Takeaways for Investors

Repo rate remains unchanged at 5.25%
RBI continues with a neutral monetary policy stance
Future decisions to depend on revised inflation and GDP data
Positive outlook on growth driven by trade agreements
Liquidity support and stable bond yields remain focus areas

Overall, the RBI’s latest policy decision reflects a cautious yet optimistic approach, balancing inflation management with growth support as the economy navigates a changing global environment.

Regulator Orders Probe into IndiGo Over Unfair Business Practices

By Blogger February 05, 2026 No comments

CCI Orders Probe into IndiGo Over Alleged Unfair Business Practices

India’s aviation sector is under regulatory scrutiny after the Competition Commission of India (CCI) ordered a detailed investigation into alleged unfair business practices by IndiGo. The decision comes nearly two months after the airline carried out large-scale flight cancellations following non-compliance with mandated pilot flying time norms.

The regulator has formed a prima facie view that IndiGo holds a dominant position in India’s domestic passenger aviation market and that certain actions taken by the airline may have adversely impacted both consumers and competition.

Why the CCI Ordered the Investigation

The case originated from a complaint filed by a Bengaluru-based passenger whose flight scheduled in early December last year was abruptly cancelled. According to the complaint, while alternative flights were available, they were offered only at significantly higher fares. The passenger alleged that this amounted to overcharging enabled by IndiGo’s dominant market position.

IndiGo challenged the allegations and also questioned whether the competition regulator had jurisdiction over the matter. However, the CCI rejected this argument at the preliminary stage and ordered a comprehensive probe.

Market Dominance Under the Lens

In its detailed order, the CCI highlighted several factors supporting its view that IndiGo enjoys a dominant position in the relevant market. These include its consistently high market share, extensive route network, and significantly larger fleet size compared to competitors.

64% domestic market share in 2025
Exclusive operations on over 330 routes
Fleet size of more than 400 aircraft

By comparison, the Air India group accounted for around 27% of the domestic market with a fleet of approximately 191 aircraft. Smaller carriers such as Akasa and other regional airlines together held less than 10% market share.

Concerns Over Flight Cancellations

The regulator took a serious view of IndiGo’s decision to cancel thousands of flights, which represented a substantial portion of scheduled capacity. According to the CCI, this move may have effectively reduced supply in the market during periods of high demand.

The order observed that such cancellations could create an artificial scarcity of seats, limiting consumer access to air travel. For passengers with existing bookings, last-minute cancellations left little choice but to either accept refunds or book alternative flights at much higher prices.

Impact on Passengers and Competition

The CCI noted that IndiGo’s dominant position meant passengers were effectively “locked in” and lacked viable alternatives when disruptions occurred. This situation, the regulator said, could amount to restricting the provision of services and may have caused an appreciable adverse effect on competition in India.

As a result, the Commission concluded that there is sufficient ground to believe that provisions of competition law may have been violated, warranting a deeper investigation by its Director General.

What This Means for the Aviation Sector

The probe is being closely watched by investors and industry participants, as it could have wider implications for pricing practices, capacity management, and consumer protection in India’s rapidly consolidating aviation market. Any adverse findings could lead to penalties or directives that may influence how airlines manage operations during disruptions.

For now, the investigation marks a significant regulatory intervention in the airline industry, reinforcing the message that market dominance comes with added responsibility toward consumers and fair competition.

IT Stocks Slide as AI Competition Triggers Global Tech Selloff

By Blogger February 04, 2026 No comments

IT Stocks Tumble as AI Competition Fears Trigger Global Tech Selloff

Indian IT sector mirrors Wall Street weakness

Indian information technology stocks witnessed a sharp selloff in early trade on February 4, tracking a steep decline in global technology shares. Concerns that rapid advances in artificial intelligence could intensify competition and disrupt traditional software and services businesses rattled investor sentiment across markets.

The selloff dragged the Nifty IT index down nearly 6% to around 36,393.70 in early trading, making it the worst-performing sectoral index on the benchmarks. Heavyweight IT stocks were among the top losers on both the Sensex and the Nifty during the morning session.

Major IT stocks see deep cuts

Several frontline and mid-tier IT companies faced heavy selling pressure. Shares of Persistent Systems, LTI Mindtree, Coforge, and Infosys declined by more than 6% each in early trade. Other large-cap names such as Tata Consultancy Services, HCL Technologies, Tech Mahindra, and Mphasis were down close to 6%.

Wipro also slipped over 4%, while Info Edge, the parent company of a leading online recruitment platform, dropped nearly 5% amid renewed worries about job demand and spending in the technology services space.

What triggered today’s IT stock crash?

The sharp fall in Indian IT shares followed a weak overnight session on Wall Street, where technology stocks ended significantly lower. Investor concerns resurfaced after a leading artificial intelligence developer introduced new tools that expand the capabilities of its AI chatbot into professional domains such as legal work, sales, marketing, and data analysis.

Market participants fear that such developments could accelerate automation across knowledge-based services, increasing competition and putting pressure on traditional software and IT service providers. These sectors were earlier seen as long-term beneficiaries of the AI boom, but sentiment has now turned cautious.

Analysts believe the launch signals intensifying competition in areas that have historically driven revenue growth for software and IT services companies. This perception has led investors to reassess valuations, especially for firms trading at premium multiples.

Global tech stocks under pressure

The weakness was not limited to Indian markets. Several global technology heavyweights also saw notable declines. Shares of leading chipmakers and software giants fell between 1% and 3%, while enterprise software and digital services firms recorded losses of up to 7% in a single session.

The tech-heavy Nasdaq index declined over 1.4%, reflecting broad-based selling across the sector. The pullback came ahead of key earnings announcements from major global technology companies, adding to short-term volatility.

Outlook for Indian IT stocks

Market experts caution that Indian IT stocks may remain under pressure in the near term. High valuations, coupled with uncertainty around global technology spending and the disruptive impact of AI, could limit the scope for a sharp rebound.

Some strategists note that while artificial intelligence presents long-term opportunities, the transition phase may be challenging as clients reassess budgets and vendors adapt to new competitive dynamics. As a result, investors may prefer to stay selective and focus on companies with strong balance sheets, diversified revenue streams, and clear AI strategies.

For now, global cues and developments in the AI space are likely to continue driving sentiment in IT stocks, keeping volatility elevated.

Finance Ministry May Raise FDI Limit in Public Sector Banks to 49%

By Blogger February 03, 2026 No comments

Finance Ministry Considers Raising FDI Limit in Public Sector Banks to 49%

The Finance Ministry is evaluating a proposal to raise the foreign direct investment (FDI) limit in public sector banks (PSBs) to 49%, up from the current cap of 20%. The move is aimed at strengthening the capital base of state-owned lenders and supporting their long-term growth plans.

According to officials, discussions are currently underway, with inter-ministerial consultations in progress. The proposal reflects the government’s broader strategy to ensure that public sector banks remain well-capitalised as credit demand expands across the economy.

Why the FDI Cap Matters for PSBs

At present, public sector banks face a much lower FDI ceiling compared to their private sector counterparts. While private banks are allowed to receive up to 74% foreign investment, PSBs are restricted to just 20%. This difference limits the ability of state-run banks to tap global capital pools.

If approved, the proposed hike to 49% would bring PSBs closer to private banks in terms of investment flexibility, potentially attracting long-term foreign investors and easing pressure on government finances.

FDI Rules: Public vs Private Banks

Public sector banks: Current FDI cap at 20%, proposal to raise it to 49%
Private sector banks: FDI up to 49% through the automatic route
Beyond 49% to 74%: Requires government approval in private banks

Capital Raising and Government Shareholding

Officials noted that the Union government’s shareholding in 12 public sector banks has not reduced in terms of the number of shares since 2020. However, the percentage holding has declined in some lenders due to capital raised through fresh share issuance.

Collectively, PSBs have raised around Rs 45,000 crore through various routes such as qualified institutional placements (QIP) and offers for sale. Looking ahead, banks are expected to mobilise an additional Rs 45,000–50,000 crore in the next financial year, in line with their growth trajectory.

Strong Growth Outlook for Public Sector Banks

The growth outlook for PSBs remains robust. Public sector banks are projected to double their asset size over the next five years, supported by improved balance sheets and rising credit demand.

As of the end of September 2025, the combined assets of public sector banks stood at approximately Rs 261 lakh crore, highlighting their critical role in India’s financial system.

IDBI Bank Disinvestment Update

On the strategic disinvestment front, the government is moving ahead with the privatisation of IDBI Bank. Financial bids are expected to be invited soon as part of the sale of a 60.72% stake.

This includes 30.48% held by the government and 30.24% owned by a public sector financial institution. The divestment process has already seen multiple expressions of interest, with prospective bidders receiving regulatory clearances.

Need for Large, Globally Competitive Banks

On sector consolidation, officials reiterated that India requires three to four large banks capable of supporting the country’s expanding economy. Stronger capital bases and selective consolidation are seen as key to building globally competitive lenders.

If implemented, the proposed FDI limit hike could mark a significant step toward strengthening public sector banks and reducing the government’s future capital infusion burden.

US Cuts Tariffs on India to 18%, India to End Russian Oil Imports

By Blogger February 03, 2026 No comments

US Cuts Tariffs on India to 18% as New Trade Deal Reshapes Energy and Markets

The United States and India have reached a significant trade agreement that reduces US tariffs on Indian goods to 18%, down sharply from earlier elevated levels. The deal marks a major reset in bilateral trade relations and is expected to have wide-ranging implications for Indian exporters, global energy flows, and financial markets.

Key Highlights of the US–India Trade Agreement

Under the newly announced arrangement, Washington has agreed to roll back punitive duties imposed on Indian imports, while New Delhi has committed to easing trade barriers and restructuring its crude oil sourcing strategy.

US tariffs on Indian goods reduced to 18%
Removal of an additional 25% punitive duty linked to Russian oil purchases
India to significantly scale down imports of Russian crude
Increased purchases of energy, technology, and agricultural goods from the US

Energy Shift: India to Move Away from Russian Oil

A crucial element of the agreement involves India ending its dependence on discounted Russian oil. Over the past few years, India had increased Russian crude imports to reduce costs, especially after global sanctions disrupted traditional supply chains.

As part of the new understanding, India will instead source oil from the United States and may also explore supplies from Venezuela. This shift is aimed at diversifying energy imports while aligning more closely with US strategic interests.

Recent data already indicates a slowdown in Russian oil purchases. Imports, which were around 1.2 million barrels per day in January, are projected to fall to nearly 1 million bpd in February and further to 800,000 bpd in March.

Massive Import Commitments from the United States

Beyond energy, India has committed to buying over $500 billion worth of goods from the US over time. These purchases are expected to span multiple sectors, including:

Energy products such as crude oil and gas
Advanced technology and defense-related equipment
Agricultural commodities and food products

This commitment is likely to deepen economic ties between the two nations while providing US exporters with long-term demand visibility.

Stock Markets React Positively

Financial markets responded swiftly to the announcement. US-listed shares of major Indian companies surged, reflecting renewed investor confidence after months of trade-related uncertainty.

Technology and banking stocks led the rally, while India-focused exchange-traded funds also posted strong gains. The positive reaction comes after Indian equities had suffered sustained foreign investor outflows, making them among the weakest performers in emerging markets this year.

Why This Deal Matters for India

India relies on imports for nearly 90% of its crude oil needs. While cheaper Russian oil had helped contain costs, escalating trade pressure from the US created risks for exports and capital markets.

The new agreement offers immediate tariff relief for Indian manufacturers and exporters, potentially improving competitiveness in the US market. At the same time, it signals a strategic realignment in energy sourcing that could influence global oil trade dynamics.

Outlook Ahead

The US–India trade deal represents a turning point after months of tense negotiations. Lower tariffs, stronger trade flows, and renewed investor confidence could provide a much-needed boost to Indian markets. However, the long-term impact will depend on how smoothly India manages its energy transition and executes its large-scale import commitments.

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