The US stock market witnessed a decline on Wednesday, with the Nasdaq falling 1% and the S&P 500 down 0.61%. Indian IT giant Infosys saw its American Depositary Receipts spike after announcing its Q3 results and upgrading revenue guidance for fiscal 2026.
Bharat Coking Coal Ltd’s (BCCL) initial public offering (IPO) is set to enhance the value of India’s coking coal assets, with the parent firm Coal India Ltd pocketing the proceeds from the offer for sale (OFS).
The Bharat Coking Coal IPO has garnered significant interest, with subscription levels reaching 33.67 times on the first day, driven largely by non-institutional investors.
One 97 Communications Ltd. or Paytm witnessed continued institutional participation in the December quarter, reflecting sustained confidence in the company’s long-term growth trajectory and improving fundamentals.
TCS and HCLTech reported their Q3 financial results, marking the beginning of the IT earnings season. Despite trimmed profits, the excitement for the season remains high.
Get the latest stock market updates and expert advice on whether to buy, sell or hold shares of RIL, Bajaj Finance, Kalyan Jewellers, NHPC, and Zydus Lifesciences.
The Nifty 50 remains at a cautious juncture, with buy on dips and sell on rallies being the ideal strategy for day traders. Get the latest trade setup and analysis for January 13.
Amagi Media Labs Ltd. has raised Rs 804 crore from its pre-IPO anchor allocation round, with mutual funds being the major contributors. Get the latest updates on the Indian stock market and IPO news.
Get the latest updates on the Q3 earnings season, including estimates for ICICI Lombard and Tata Elxsi, and their potential impact on the Indian stock markets.
The ongoing face-off between the Trump administration and the Federal Reserve has sparked a ‘Sell America’ trade, with investors losing faith in the US economy and opting for safe-haven assets like gold.