HUL Q3 Results: The company’s revenue from continuing operations stood at Rs 16,441 crore, up 5.6% YoY from Rs 15,556 crore in the corresponding quarter of the previous financial year, HUL said in a regulatory filing.
Bill Ackman’s Pershing Square has taken a major new position in Meta, investing $2 billion on the confidence that AI adoption will unlock long-term value. The hedge fund exited Hilton, arguing Meta remains undervalued despite recent volatility, and sees AI boosting recommendations, advertising efficiency and future engagement across Meta’s platforms.
The benchmark Nikkei 225 Index was up 0.4% at 57,874.61 after rising as high as 58,015.08 earlier in the day, as trading resumed after a holiday. So far in 2026, the Nikkei has surged 15%. The broader Topix climbed 0.8% to 3,884.16 on Thursday.
“RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock price.
Gold and silver futures opened lower on Thursday as a stronger US dollar, fueled by robust jobs data, dampened interest rate cut expectations. Investors now await US inflation figures for Federal Reserve policy clues. Experts advise buying gold and silver on dips, citing near-term volatility due to dollar fluctuations and geopolitical tensions.
Foreign institutional investors are cautiously returning to Indian stocks after a significant exodus, driven by a strengthening rupee and an interim trade deal with the US. However, a sustained comeback hinges on improving corporate earnings, which have remained a concern, posing a key risk to continued foreign inflows.
Gold prices have surged, nearly doubling in the past year, with a 60% year-on-year rise in the December quarter. While festive demand remained strong, driven by consumers locking in prices, jewellery volumes dropped significantly.
Indian benchmark indices Sensex and Nifty traded lower on Thursday, impacted by a sharp selloff in IT stocks and investor caution following stronger-than-expected U.S. jobs data. This data dampened hopes of near-term Federal Reserve rate cuts, while domestic market support is expected from earnings growth in other sectors.
Indian IT services stocks have seen a significant selloff driven by AI concerns. However, experts believe AI will enhance efficiency and boost profit margins, not harm the sector. Platform companies are highlighted as a decade-long opportunity. The jewellery sector shows strong consumer demand. Current IT valuations offer attractive entry points for investors.
Twelve Nifty500 stocks closed above their 200-day moving averages on 11 February 2026, according to StockEdge.com data. The move is widely tracked by traders as a sign of strengthening momentum and potential trend reversal, with stocks above the 200 DMA generally viewed as being in a sustained uptrend.
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