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Hindustan Zinc OFS sees strong retail subscription of 2.3 times on Day 2

by ET Markets | January 29, 2026 6:05 pm | Indian Stocks, Market, News

Hindustan Zinc’s OFS drew strong interest, with the retail portion subscribed 2.3 times on Day 2 as investors bid for 1.10 crore shares against 47.58 lakh on offer. This followed a robust 142% non-retail subscription on Day 1, underscoring solid demand at the Rs 685...

IEX Q3 Results: Cons net profit jumps 11% YoY to Rs 119 crore; co declares interim dividend

by ET Markets | January 29, 2026 6:05 pm | Indian Stocks, Market, News

Indian Energy Exchange posted an 11% YoY rise in consolidated Q3 profit to Rs 119 crore, driven by stronger revenue and higher trading volumes. The company declared a Rs 1.50 interim dividend. Revenue grew 14% YoY to Rs 183 crore, while power prices softened and IGX...

Gold and silver soar as U.S. trust frays, warns Aswath Damodaran

by ET Markets | January 29, 2026 6:04 pm | Indian Stocks, Market, News

Aswath Damodaran argues 2025 market moves reflect a deep trust deficit in US institutions. Bonds stayed calm, the dollar weakened, gold and silver surged, while bitcoin failed to act as a haven, trading like a risky equity throughout the year.

Tata Motors (CV) Q3 Results: Cons PAT plunges 48% YoY to Rs 705 crore, but revenue jumps 16%

by ET Markets | January 29, 2026 5:09 pm | Indian Stocks, Market, News

Tata Motors (CV) Q3 Results: Tata Motors Limited (TMCV) reported a 48% decline in its December quarter consolidated net profit at Rs 705 crore compared to Rs 1,355 crore reported in the year ago period.

‘Easy money era’ after 2008 made Indian stock market very expensive: CEA Nageswaran

by ET Markets | January 29, 2026 5:07 pm | Indian Stocks, Market, News

India’s Chief Economic Adviser V Anantha Nageswaran on Thursday delivered a sharp warning on financial markets, saying years of ultra-loose monetary policy have resulted in stretched asset valuations, rising concentration risks, and a growing reliance on less...

Rupee hits record low, RBI intervention averts fall past 92

by ET Markets | January 29, 2026 5:06 pm | Indian Stocks, Market, News

The Indian rupee hit ‍a record low against the dollar ​on Thursday, pressured by dollar demand linked to the maturity ⁠of non-deliverable forward positions and corporate hedging, while the central bank likely intervened to hold it above the psychologically significant...

Mahindra Holidays Q3 profit plummets on one-time charge, slow membership growth

by ET Markets | January 29, 2026 5:05 pm | Indian Stocks, Market, News

Mahindra Holidays and Resorts India reported a ‍94% plunge in third-quarter ​profit on Thursday, dragged by a one-time ⁠charge following the roll-out of India’s new labour codes and slower membership growth.

Deepak Fertilisers Q3 profit falls on softer chemical demand, high costs

by ET Markets | January 29, 2026 5:05 pm | Indian Stocks, Market, News

India’s Deepak Fertilisers and Petrochemicals reported a ‍43.6% fall in ​third-quarter profit on Thursday, as softer agrochemicals ⁠demand and rising input costs squeezed margins.

Vedanta Q3 Results: Profit surges 61% YoY to Rs 5,710 crore; revenue advances 37%

by ET Markets | January 29, 2026 5:04 pm | Indian Stocks, Market, News

Vedanta reported a significant 61% year-on-year profit jump to Rs 5,710 crore in the third quarter, driven by a 37% revenue increase to Rs 23,369 crore. The company achieved its highest-ever quarterly EBITDA of Rs 15,171 crore, with a strong operational performance...

Swiggy Q3 Results: Cons loss widens YoY to Rs 1,065 crore, but revenue jumps 54%

by ET Markets | January 29, 2026 4:12 pm | Indian Stocks, Market, News

Food delivery giant Swiggy’s consolidated net loss widened to Rs 1,065 crore in Q3FY26, an increase from the previous year’s Rs 799 crore. Despite the higher loss, the company saw significant revenue growth, with operations generating Rs 6,148 crore, a 54%...

World will soon run short of copper amid rising AI data centres, power demand: Economic Survey

by ET Markets | January 29, 2026 4:11 pm | Indian Stocks, Market, News

Economic Survey 2025-26 warns rising AI data centres and green energy will strain copper supplies, amid mine outages, trade barriers and volatile prices. Surging demand could keep copper elevated, reshaping metals markets, inflation trends, and India’s resilience...

Market Wrap: Sensex adds 222 points, Nifty above 25,400 as D-St recovers from early dip

by ET Markets | January 29, 2026 4:11 pm | Indian Stocks, Market, News

Indian markets reversed early losses to end higher on Thursday, with the Sensex and Nifty rebounding after a sharp morning selloff. Gains were supported by an upbeat economic survey and firm global cues, even as elevated crude, record gold prices and U.S.–Iran...

Gold price rise hits jewellery demand in India, volumes fell 24% in 2025: World Gold Council

by ET Markets | January 29, 2026 4:10 pm | Indian Stocks, Market, News

India’s gold jewellery demand by volume fell sharply in 2025 as record prices curbed buying, with consumption dropping 24% year-on-year to 430.5 tonnes, according to the World Gold Council. However, higher prices pushed the value of India’s jewellery demand to a...

FPIs flow remained volatile in FY26 on global uncertainty, capital shift towards AI-hubs: Eco Survey

by ET Markets | January 29, 2026 4:09 pm | Indian Stocks, Market, News

Foreign Portfolio Investment (FPI) flows in FY26 remained volatile, leading to a net outflow of USD 3.9 billion as of December 2025, driven by elevated uncertainty and increased capital allocation towards AI-centric markets such as the US, Taiwan, and Korea, the...

China reportedly drops rules that sparked property crisis, developer shares surge

by ET Markets | January 29, 2026 4:06 pm | Indian Stocks, Market, News

Chinese property developers are no longer required to report monthly data related to the country’s “three red lines” policy, local media said on Thursday, an apparent end to rules which triggered a major debt crisis that continues to this day.

Brent oil price tops $70 on Trump’s Iran threats

by ET Markets | January 29, 2026 4:06 pm | Indian Stocks, Market, News

Brent crude oil topped $70 per barrel Thursday for the first time since September as US President Donald Trump ramped up geopolitical tensions by threatening military strikes on Iran. In London morning deals, international benchmark oil contract Brent North Sea crude...

European shares rise as miners, energy stocks lift sentiment

by ET Markets | January 29, 2026 4:05 pm | Indian Stocks, Market, News

European shares rebounded on Thursday, lifted by higher prices of oil and precious metals, shaking off the gloom from weaker luxury ‌earnings the ‌day before.

Nestle Q3 Results Preview: Strong volumes to drive up to 11% YoY revenue growth; input costs to cap PAT upside

by ET Markets | January 29, 2026 4:04 pm | Indian Stocks, Market, News

Nestle India is expected to post steady Q3 revenue growth of about 10–11%, driven by healthy domestic volumes. However, higher input costs may weigh on margins, keeping profit growth modest despite continued focus on volume-led expansion and brand investments.

UK 10-year gilt yields rise to 2-month high after US Fed hold

by ET Markets | January 29, 2026 4:04 pm | Indian Stocks, Market, News

Ten-year British government bond ‍yields rose ​to their highest since ⁠November 20 on Thursday, tracking a modest upward move in U.S. Treasury yields after ‌the Federal ‌Reserve kept interest rates unchanged on Wednesday.

Euro zone bond yields steady as ECB euro strength concerns persist

by ET Markets | January 29, 2026 3:09 pm | Indian Stocks, Market, News

Euro zone bond yields held steady ‍on Thursday as concerns ​persisted over the strength of the euro ⁠and whether it might prompt the European Central Bank to cut interest rates, while the U.S. Federal Reserve kept rates unchanged.
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