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Larsen & Toubro Q3 Results: Cons PAT drops 4% YoY to Rs 3,215 crore, but revenue grows 10%

by ET Markets | January 28, 2026 6:06 pm | Indian Stocks, Market, News

Larsen & Toubro Q3 Results: Engineering and construction major Larsen & Toubro (L&T) reported a 4.3% YoY decline in its December quarter consolidated net profit at Rs 3,215 crore compared to Rs 3,359 crore reported in the year ago period.

FII exposure in Nifty stocks retreats from peak after Rs 1.6 lakh crore exodus in 2025. Where’s money flowing?

by ET Markets | January 28, 2026 6:06 pm | Indian Stocks, Market, News

Foreign institutional investors have reduced exposure to Nifty 50 stocks, with holdings dropping to 25.5% by December 2025 amid global risk aversion. However, FIIs are selectively increasing positions in mid and smallcaps. Meanwhile, rising DII ownership continues to...

CSB Bank shares plunge 14% on flat Q3 PAT, deterioration in asset quality. Here’s what management said

by ET Markets | January 28, 2026 6:05 pm | Indian Stocks, Market, News

CSB Bank shares tumbled 14% on Wednesday after the lender reported a flat Q3 profit and a sequential rise in gross and net NPAs. While NII and operating profit saw strong double-digit growth, asset-quality pressures weighed on sentiment. Management said overall...

US stock index futures rise as Wall Street braces for big-tech earnings

by ET Markets | January 28, 2026 6:04 pm | Indian Stocks, Market, News

U.S. stock index futures rose on Wednesday, helped by gains in chip stocks, while investors geared up for quarterly earnings results of some of the so-called “Magnificent Seven” companies and a Federal Reserve rate decision.

MFs trim stakes in 11 smallcap stocks over two quarters; shares tumble up to 55%

by ET Markets | January 28, 2026 6:04 pm | Indian Stocks, Market, News

Mutual funds trimmed stakes in 148 small-cap stocks over two quarters, with 11 names crashing up to 55% in six months. Data shows sustained selling pressure as fund managers reassess exposure amid weak price performance and shifting market trends.

Pine Labs Q3 Results: Co swings to black with cons PAT of Rs 42 crore versus YoY loss; revenue rises 24%

by ET Markets | January 28, 2026 5:04 pm | Indian Stocks, Market, News

Pine Labs swung to a consolidated profit of Rs 42 crore in Q3FY26 after a loss last year, driven by 24% revenue growth and strong platform volumes. EBITDA rose 59% YoY, while GTV hit Rs 4.5 lakh crore. Transaction growth stayed robust, though operating cash flow...

Rupee lags Asian peers as NDF maturities, month-end dollar bids pinch

by ET Markets | January 28, 2026 5:04 pm | Indian Stocks, Market, News

The Indian rupee ‍closed marginally weaker on Wednesday, ​lagging Asian peers, on dollar demand linked to maturing ⁠non-deliverable forwards positions and month-end importer demand, while positive cues from a broad-based decline in the greenback capped...

Elon Musk planning world’s largest IPO: What investors need to know about the once-in-a-generation SpaceX listing

by ET Markets | January 28, 2026 4:03 pm | Indian Stocks, Market, News

Elon Musk’s SpaceX may be heading for a record-breaking IPO, potentially raising $50 billion. From reusable rockets to Starlink’s recurring revenue, the listing could reshape global markets while testing investor appetite for future technologies.

SBI Life Q3 Results: Profit rises 5% YoY to Rs 577 crore; net premium income jumps 22%

by ET Markets | January 28, 2026 4:03 pm | Indian Stocks, Market, News

SBI Life Q3 Results: SBI Life announced a 5% rise in net profit to Rs 577 crore for the third quarter. Net premium income saw a 22% increase. Growth was driven by industry momentum and higher policy volumes. The company maintained its leadership in individual rated...

BEL shares rally 10%, hit 52-week high as Q3 net profit rises 21% to Rs 1,580 crore

by ET Markets | January 28, 2026 4:02 pm | Indian Stocks, Market, News

Bharat Electronics Ltd. shares surged to a 52-week high following robust December quarter results. The defence major reported a 21% year-on-year jump in net profit to Rs 1,580 crore and a 24% revenue increase to Rs 7,154 crore. This strong performance, driven by...

ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%

by ET Markets | January 28, 2026 4:01 pm | Indian Stocks, Market, News

ACC Q3 Results: ACC’s net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of Rs 404 crore. However, its revenue from operations showed growth, increasing by 22 percent to Rs 6,391 crore. This...

Adani Electricity Mumbai secures sovereign-grade rating after years of deleveraging

by ET Markets | January 28, 2026 4:01 pm | Indian Stocks, Market, News

Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with India’s sovereign credit profile. The upgrade reflects regulatory support, declining leverage and improved operating performance following a turnaround...

European shares pause after two-day rally; ASML bucks weakness

by ET Markets | January 28, 2026 3:06 pm | Indian Stocks, Market, News

European shares took a breather on Wednesday after two consecutive days of gains ‌as ‌investors parsed through a string of earnings updates and executive commentary, ‌while ASML hit a record high.

Japan’s Nikkei escapes losses as tech share gains offset drag from strong yen

by ET Markets | January 28, 2026 3:06 pm | Indian Stocks, Market, News

Japan’s Nikkei ‍share average ended slightly ​higher on Wednesday, buoyed in the final half-hour ⁠of trade by stronger-than-expected orders at Dutch chip equipment maker ASML.

Maruti Suzuki Q3 Results: Standalone PAT rises 4% YoY to Rs 3,794 crore; revenue jumps 29%

by ET Markets | January 28, 2026 3:05 pm | Indian Stocks, Market, News

Maruti Suzuki Q3 Results FY26: Maruti Suzuki reported a 4% year-on-year rise in net profit to Rs 3,794 crore for the December quarter, driven by a 29% increase in revenue to Rs 49,891 crore. However, lower export proceeds and a one-time provision impacted...

BEL Q3 Results: Net profit rises 21% YoY to Rs 1,580 crore, revenue grows 24%

by ET Markets | January 28, 2026 3:04 pm | Indian Stocks, Market, News

State-owned defence electronics major Bharat Electronics Ltd (BEL) announced a strong performance for the December quarter, with consolidated net profit surging 21% year-on-year to Rs 1,580 crore. Revenue from operations also saw a significant jump of 24% YoY,...

Shadowfax bets big on e-commerce and quick commerce as scale, tech and automation drive profitability

by ET Markets | January 28, 2026 3:04 pm | Indian Stocks, Market, News

Shadowfax is at the forefront of India’s last-mile logistics evolution. The company is experiencing strong growth driven by e-commerce and quick commerce. Aggressive expansion into new areas and technology are key. Shadowfax is improving efficiency and...

Euro zone bond yields fall as ECB signals euro strength could prompt rate cuts

by ET Markets | January 28, 2026 2:10 pm | Indian Stocks, Market, News

Short-end euro zone bond yields fell on ‍Wednesday after European Central ​Bank policymaker Martin Kocher warned that further ⁠euro strength could force them to resume interest rate cuts.

Mindspace REIT Q3 profit up 33 pc to Rs 180 cr

by ET Markets | January 28, 2026 2:06 pm | Indian Stocks, Market, News

Realty firm Mindspace Business Parks REIT on Tuesday reported a 33 per cent increase in consolidated net profit to Rs 180.09 crore in the December quarter of this fiscal year on higher income.

TVS Motor Q3 Results: Cons PAT zooms 49% YoY to Rs 841 crore; revenue jumps 34%

by ET Markets | January 28, 2026 2:06 pm | Indian Stocks, Market, News

TVS Motor Q3 Results: TVS Motor Company achieved its highest-ever quarterly sales, revenue, and profits in the December quarter. Consolidated net profit surged 49% year-on-year to Rs 841 crore. Revenue from operations rose 34% to Rs 14,756 crore. Overall two-wheeler...
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