The Economic Times – Markets

Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty Signals a Positive Start; Asian Shares Trade Mixed

India’s equity markets opened on a positive note on Monday, with the GIFT Nifty jumping 0.73% to 25,753.50, signaling a gap‑up for the domestic session. The Nifty 50 climbed 116.90 points to 25,571.25 and the Sensex added 316.57 points, while the...

Kiaasa Retail Launches Rs 70 Crore IPO on BSE SME

Indian fashion brand Kiaasa Retail announced a Rs 70 crore fresh-issue IPO of 54.90 lakh shares priced between Rs 121-127 per share, opening for subscription on Monday, Feb 23 2026. The issue, with a 0% GMP, allocates 56.03% to retail...

US Supreme Court Ruling on Tariffs: Why Emkay Sees India as Beneficiary Amid Trump's Flip-Flops

The U.S. Supreme Court nullified President Trump’s reciprocal tariffs imposed under the International Emergency Economic Powers Act, prompting the administration to replace them with a blanket 15% tariff under Section 122. This shift lowers the average U.S. tariff rate to about...

How to Trade Newgen and Netweb Shares This Week? Anand James Shares His Playbook

Newgen Software and Netweb Technologies posted strong weekly gains, rising 16% and 17% respectively, placing them among the top performers in the Nifty 500. Both stocks saw delivery volumes spike dramatically—Newgen’s volume up nearly nine‑fold and Netweb’s three‑fold versus their...

FIIs Turn Buyers in February with Rs 16,912 Crore Worth of Equity Inflows. Is This a Sign of Trend Reversal?

Foreign institutional investors turned net buyers in February 2026, channeling roughly Rs 16,912 crore into Indian equities. This marks a sharp reversal from January’s Rs 35,962 crore outflows and a year‑to‑date net outflow of Rs 19,050 crore. The buying was uneven across sectors, with IT stocks...

Sweeping Tariffs Gone but Trump's 10% Global Tariffs On. What to Expect From Markets on Monday?

The U.S. Supreme Court struck down President Trump’s sweeping Section 232 tariffs, removing the 18% duty on many Indian exports. Hours later Trump announced a 10% global tariff on all imports, effective immediately. Indian exporters in gems, textiles, pharma and auto...

F&O Talk | What the Current Long-Short Ratio Tells About FII Positioning? Sudeep Shah on Ola, Newgen, 4 More Top...

India’s equity markets closed higher on Feb 21, with the Nifty up 0.46% to 25,571 and the Sensex up 0.38% to 82,815. Analyst Sudeep Shah sees the Nifty trapped in a tight 512‑point range, likely to trade sideways but could open...

CleanMax Secures Rs 921 Crore Anchor Round From Temasek, Tata Investment Ahead of IPO

CleanMax announced an anchor round of Rs 921 crore as part of its upcoming IPO, with strategic investors Temasek and Tata Investment among the backers. The funding will support the company's growth and preparation for the public offering.

Clean Max, PNGS Reva Lead Rs 4,300 Cr IPO Rush of Nine Companies Next Week

Nine Indian firms, including Clean Max and PNGS Reva, are set to launch IPOs next week, collectively targeting about Rs 4,300 crore in proceeds. The flurry of listings underscores strong market appetite for new capital raises.

Google Bigger than India GDP? Sanjeev Bikhchandani Exposes the Flaw in that Viral Claim

A viral post claimed Google’s $4 trillion market capitalisation exceeds India’s GDP, prompting entrepreneur Sanjeev Bikhchandani to debunk the analogy. He explained that market cap is a stock measure reflecting investor expectations, while GDP is a flow metric tracking annual economic...

Why Global Capital Is Looking at India Differently This Year

India’s economy is gaining traction through robust digital public infrastructure and maturing regulatory frameworks, positioning it as a distinct asset class for global investors. The latest Union Budget underscores this shift by offering a 20‑year tax holiday and a flat...

US Market | Credit Concerns Mount: Blue Owl Shake-Up Weighs on US Financial Stocks

Blue Owl Capital announced the sale of $1.4 billion of assets across three credit funds and permanently halted redemptions in one fund to return capital and reduce leverage. The announcement triggered a broad sell‑off in listed alternative‑asset managers such as Apollo,...

Rupee Declines 27 Paise to 90.95 Against US Dollar in Early Trade

The Indian rupee slipped to 90.95 per U.S. dollar in early Friday trade, down 27 paise from its previous close. The decline was driven by a firmer dollar, higher Brent crude at $71.77 a barrel, and escalating U.S.-Iran tensions. Domestic...

Omnitech Engineering to Float Rs 583 Cr IPO on Feb 25

Omnitech Engineering announced an IPO priced at Rs 216‑227 per share, seeking to raise Rs 583 crore and valuing the company at over Rs 2,800 crore. The issue opens on February 25, closes on February 27, with anchor bidding on February 24 and a stock‑market debut scheduled for...

Global Market | Japan’s Tightening Cycle Could Redraw the Map of Global Market Liquidity

The Bank of Japan has ended its ultra‑easy stance, pushing policy rates to the highest level in decades and pricing in another hike. Higher domestic yields are likely to trigger repatriation of Japanese savings, cutting the flow of low‑cost funding...

UPL to Spin Off Crop Protection Arm Into a Separate Listed Entity

UPL announced plans to spin off its crop protection division into a separate listed company, aiming to create a focused entity for the crop protection market. The spin‑off will be listed independently, though details on valuation and timeline were not...

SEBI Approves IPOs for Integris Medtech, Alpine Texworld, Anjali Labtech and Others

India's securities regulator SEBI has approved four initial public offerings, including Integris Medtech, Alpine Texworld and Anjali Labtech, clearing the path for their upcoming listings.

Omnitech Engineering to Float Rs 583 Cr IPO on Feb 25

Omnitech Engineering announced an IPO to raise Rs 583 crore, with a price band of Rs 216‑227 per share. The offering includes a fresh issue of Rs 418 crore and an offer‑for‑sale of Rs 165 crore, open to the public from Feb 25 to Feb 27, with anchor bidding...

Manilam Industries Announces IPO with Price Band and Subscription Details

Manilam Industries has filed for an initial public offering, releasing details on the global minimum price (GMP), price band, and subscription process. The IPO is slated for the near term, and investors can review the offering particulars on the stock...

Milky Mist Targets 2026 IPO, CEO Confident Amid Market Jitters

Milky Mist, the Indian dairy brand, announced that it remains on track to launch its initial public offering in 2026 despite recent market volatility. The company's CEO expressed confidence in the firm's growth prospects and readiness for the listing. No...

US Stocks: Trump Adviser Hassett Suggests New York Fed Researchers Be Punished for Tariffs Argument

Kevin Hassett, former Trump economic adviser, blasted a New York Fed research paper that argued tariffs mainly hurt American consumers, calling it "shoddy scholarship" and the worst paper in Fed history. He urged that the authors be disciplined for their...

Market Trading Guide: Bank of India Among 2 PSU Bank Stocks Offering up to 8% Upside

The Nifty 50 logged a third straight gain, breaking above the 25,500 support and 25,800 resistance as consumer, financial and metal stocks led the rally. Bank of India and Bank of Maharashtra each posted decisive breakouts from consolidation zones, prompting...

9 Large-Cap Stocks Where DIIs Are Trimming Their Stakes in Q3

Domestic Institutional Investors (DIIs) trimmed their stakes in nine NSE large‑cap stocks during the December 2025 quarter, marking a quarter‑on‑quarter decline across the board. Bharat Petroleum’s DII share fell to 19.99% from 22.24%, the steepest drop, while State Bank of India’s...

SBI Funds Management IPO: India’s Top Asset Manager Said to File Papers for $1.5 Billion Issue in March

US Market | Inflation, AI and Hiring Trends in Focus as Fed's Mary Daly Outlines Policy Priorities

San Francisco Fed President Mary Daly warned that while artificial intelligence could eventually lift productivity, the Federal Reserve must still ensure inflation moves sustainably lower. She highlighted the limited macro evidence of an AI‑driven productivity surge and cautioned that narrow...

Dilip Buildcon Shares Rally 4% as Lowest Bidder for Rs 702 Crore Gujarat Flood Control Project

Dilip Buildcon was named the lowest bidder (L‑1) for Gujarat's ₹702 crore flood‑control project on the Narmada River. The EPC‑based contract spans 24 months and adds a significant order to the company's pipeline. Shares rallied about 4% after the announcement, trading...

India’s AIF Industry Crosses Rs 15 Lakh Crore as Domestic Capital & Liquidity Reshape Private Markets

India’s alternative investment fund (AIF) sector has crossed the ₹15.05 lakh crore mark, underscoring rapid scale and emerging maturity. Equity‑oriented AIFs have delivered roughly 8.7 % alpha over the BSE Sensex across multiple cycles, highlighting consistent outperformance. Domestic investors now contribute about 55 %...

Infosys Shares in Focus on AI-First Framework to Capture $400 Bn Services Opportunity. What Are Brokerages Saying?

Infosys unveiled its AI‑first value framework, Topaz, aimed at capturing a $300‑$400 billion services opportunity by 2030. The platform is already embedded in 90 % of its top 200 clients, contributing 5.5 % of revenue, and supports new partnerships such as Infosys‑Cognition and...

LIC's Rs 17.5 Lakh Crore Portfolio Goes Against the Wind: IT Stocks in, Banks Out

Life Insurance Corporation of India (LIC), the nation’s largest domestic institutional investor, dramatically re‑balanced its ₹17.83 lakh crore portfolio in the December quarter. It poured roughly ₹5.4 billion into top IT names – TCS, HCL Technologies and Coforge – lifting IT holdings from...

Netweb Tech Shares Jump 4% After Launch of ‘Make in India’ AI Supercomputing Systems Powered by NVIDIA

Netweb Technologies India announced its ‘Make in India’ AI supercomputing portfolio, featuring the desktop‑sized Tyrone Camarero Spark and the larger GB200 system built on NVIDIA’s Blackwell‑Grace architecture. The Spark delivers 1 petaflop of AI performance with 128 GB unified memory, while the...

India's State Debt Sale Draws Strong Demand, Boosting Bond Market

India's bond market rallied after a state debt sale attracted robust demand, pushing yields lower. The strong appetite for the newly issued bonds underscores investor confidence in Indian sovereign and sub‑sovereign debt.

SBI Funds Management to Launch $1.5B IPO in March

India's top asset manager, SBI Funds Management, announced plans to file for an initial public offering in March, targeting a $1.5 billion raise. The filing is expected to be submitted in March, marking a significant expansion of the company's capital base.

Supreme Court Clears Aakash Educational Services to Proceed with Rights Issue

The Supreme Court has permitted Aakash Educational Services to move forward with a rights issue, enabling the company to raise additional capital from existing shareholders. The approval removes a regulatory hurdle and sets the stage for the fundraising, though the...

Carlsberg Considering Listing of India Business to Unlock Shareholders Value: Group CEO

Carlsberg’s Group CEO Jacob Aarup‑Andersen confirmed the company is actively exploring an initial public offering of its Indian business, though no final decision has been made. The move aims to unlock shareholder value as the subsidiary posted high single‑digit volume...

IPO-Bound Kissht's NBFC Arm Gets Crisil Rating Upgrade on Strong Growth

Kissht’s NBFC subsidiary Si Creva Capital Services received a CRISIL rating upgrade, moving its long‑term rating to A‑/Stable and short‑term to A1. The upgrade follows a surge in assets under management, which climbed to Rs 5,533 crore by September 2025, driven by rapid expansion...

S45 Introduces AI-Based Platform for IPO Execution

S45 has launched India’s first AI‑enabled investment‑banking platform to streamline IPO execution. The system replaces manual spreadsheets with real‑time demand analytics, eligibility checks, and regulatory tracking. In a pilot covering 26 listings, the platform helped raise Rs 1,120.8 crore and achieved an...

PhonePe IPO at $15 Billion: Can the Marquee Valuation Trigger a Re-Rating for Its Rival Paytm?

Gaudium IVF and Women Health's Rs 165 Cr Public Issue to Open on Feb 20; 1st IPO in Fertility Care...

Stocks to Buy in 2026 for Long Term: IGL, Siemens Energy Among 5 Stocks that Could Give 10-40% Return

Brokerage houses have highlighted five Indian equities that could deliver 10‑40% returns by 2026. Motilal Oswal sees Indraprastha Gas (IGL) rising 41% to ₹235 and Siemens Energy up 31% to ₹3,600. Citi maintains a Buy on Lupin with a 15% upside,...

Market Quote of the Day by Sir John Templeton | “The Time of Maximum Pessimism Is the Best Time to...

Sir John Templeton’s adage that the best buying opportunities arise at peak pessimism is highlighted as a timeless investing principle. The article notes that widespread fear compresses valuations, allowing strong companies to be bought at discounts, while emphasizing the need...

Carlsberg Brews IPO for India as Sales Keep Rising

PhonePe Announces $15B IPO

PhonePe, the Indian digital payments platform, is planning an initial public offering with a target valuation of $15 billion. The IPO, announced in February 2026, could reshape the competitive landscape with rival Paytm and trigger a sector re‑rating. The filing signals...

Gaudium IVF and Women Health to Launch Rs 165 Crore IPO on Feb 20

Gaudium IVF and Women Health announced a Rs 165 crore public issue, marking the first IPO in India's fertility care sector. The offering is set to open on February 20, 2026, providing investors with exposure to the growing fertility market.

Carlsberg to Launch IPO for Its Indian Operations

Carlsberg announced plans to list its Indian business via an initial public offering, aiming to capitalize on rising sales in the market. The IPO, slated for later this year, will raise capital to fund further expansion, though the valuation and...

RBI Issues Draft Norms for Reporting on Forex Derivative Transactions Involving Rupee

The Reserve Bank of India released draft norms requiring Authorised Dealer Category‑I banks to report all rupee‑denominated foreign‑exchange derivative transactions undertaken by their related parties worldwide. This follows earlier steps that mandated primary dealers and banks to disclose rupee interest‑rate...

Goldman Sachs Doubles Down on Aye Finance Despite Muted Debut; BofA Picks up Stake in EIL in Rs 100 Crore...

Goldman Sachs increased its stake in Aye Finance by buying 16.8 lakh shares for about Rs 22 crore, bringing its total exposure to roughly Rs 91 crore. The NBFC’s IPO was 97 % subscribed, yet the shares opened flat at Rs 128.80, just 0.16 % below the issue...

Torrent Pharma, Indus Towers Among 9 Stocks that Hit 52-Week Highs & Rallied up to 20% in a Month

The benchmark Sensex jumped roughly 650 points to end the session above 83,000, sparking a broad market rally. Nine BSE 200 constituents—spanning steel, banking, telecom infrastructure, pharmaceuticals and finance—each breached their 52‑week highs, marking the strongest yearly performance for these stocks....

Kwality Wall's to List on Indian Exchanges on Feb 16 After HUL Secures Approvals

Hindustan Unilever Ltd received listing and trading approvals for its demerged ice‑cream business, allowing Kwality Wall's (India) to debut on the BSE and NSE on Feb 16, 2026. The spin‑off gives HUL shareholders one Kwality Wall's share for each HUL share held,...

Infosys ADRs Surge 4%, Wipro's Rise over 2% Despite Weak Wall Street Trade

Infosys ADRs rebounded on Friday, jumping 4% to a intraday high of $14.77, while Wipro ADRs rose 2.2% to $2.33 despite a weakening Nasdaq and soft domestic IT trading. The broader U.S. market slipped, with the Nasdaq down 0.9% and...

BSE Gets Sebi Nod to Launch 'Focused Midcap Index' Futures and Options Contracts

The Bombay Stock Exchange (BSE) has secured SEBI approval to roll out cash‑settled futures and options on its new Focused Midcap Index, which tracks the top 20 mid‑cap companies by free‑float market capitalisation. The contracts will be monthly, expiring on...

Morgan Stanley Said to Consider $500 Million India Fund, Shifts some Assets

Morgan Stanley Investment Management is exploring a $500 million continuation fund focused on India, intending to transfer eight healthcare‑related assets, including Omega Hospitals and RG Scientific, into the new vehicle. The move signals the firm’s effort to provide existing investors an...

Duroflex, Premier Industrial Corporation, 3 More Companies Get Sebi Nod to Launch IPO

Securities and Exchange Board of India (SEBI) cleared IPO filings for five companies spanning manufacturing, pharma, nutrition, power EPC and sleep solutions. Premier Industrial Corporation and Duroflex will issue mixed fresh and offer‑for‑sale (OFS) shares, while Virupaksha Organics proposes a...

Wipro, Infosys, TCS and 9 Other Stocks Hit 52-Week Lows and Slip up to 20% in a Month

A wave of weakness hit India’s blue‑chip segment as the Sensex slumped nearly 1,048 points, pushing nine BSE 200 stocks to fresh 52‑week lows. Leading IT giants Wipro, L&T Technology Services, TCS and Infosys each fell between 14% and 19% over...

EIL Q3 Profit Soars over 3x YoY to Rs 302 Crore

Engineers India Ltd (EIL) posted a net profit of Rs 302 crore for Q3 FY2025‑26, more than three times its profit a year earlier. The surge was driven by a dramatic rise in turnkey contract earnings, which jumped to Rs 273.68 crore from Rs 18.92 crore,...

India Bond Traders Seek Buybacks as Yields Climb Despite Switch

Indian bond traders are pressing the government for buybacks as 10‑year yields climb despite a recent debt‑switch operation. The benchmark 10‑year yield rose to 6.6878%, up about five basis points after the Treasury swapped ₹755 billion of FY27 bonds for longer‑term...

Gainers & Losers: TCS, SpiceJet & Bajaj Finance Among 6 Top Movers on Friday

Indian markets closed sharply lower on Friday, with the Nifty slipping 1.3% to 25,471 and the Sensex dropping 1.25% to 82,627. The sell‑off was led by consumer, IT and energy stocks, as the Nifty IT index fell 1.4% amid heightened...

Senco's Stellar Q3 Topline Growth Driven by Gold Price Rally; Likely to Close FY with ₹8,000 Cr Revenue: MD

Senco Gold & Diamonds reported a 39% same‑store sales surge in Q3, driven primarily by a 65% rally in gold prices over the past year. Despite the topline boost, Q3 volumes slipped 3% YoY and nine‑month volumes fell 10%. EBITDA...

Kwality Wall's Listing Date Announced as HUL Gets Trading Approval for Demerged Entity

Hindustan Unilever Ltd received BSE and NSE approvals to list its de‑merged ice‑cream arm, Kwality Wall’s, on February 16, issuing 2.34 billion shares. The spin‑off creates India’s first pure‑play listed ice‑cream company, with a one‑for‑one share allocation to HUL shareholders as of...

Ola Electric Q3 Results: Loss Narrows YoY to Rs 487 Crore; Revenue Falls 55%

Ola Electric reported a narrower Q3 FY26 loss of Rs 487 crore versus Rs 564 crore a year earlier. Revenue from operations plunged 55% year‑on‑year to Rs 470 crore, driven by a steep decline in automotive sales. Unit deliveries fell to about 32,680, down from 84,029,...

Five Indian Companies Secure SEBI Clearance for Upcoming IPOs

Sebi granted observation letters to Duroflex Limited, Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition and Om Power Transmission, clearing them to launch their initial public offerings. The firms span manufacturing, pharma, nutrition, power EPC and sleep solutions, with fresh issue...