Apollo Hospitals has announced robust quarterly results. Revenue surged by 17% to ₹6,477 crores, with net profit climbing 35% to ₹502 crores. The hospital segment saw a 14% revenue increase. Expansion plans are on track, with new beds opening soon. The pharmacy network is the largest in India. Profitability across segments is strong.
Indian markets are rallying, fueled by trade deals. Expert Sudip Bandyopadhyay sees sustained momentum in 2026, led by sectors like BFSI, specialty chemicals, and agrochemicals. Foreign investors are increasing exposure, starting with large-cap stocks. Investors should focus on quality stocks in strong sectors for long-term gains. This period promises broad-based market strength.
Indian benchmark indices Sensex and Nifty opened higher on Wednesday, extending their gains for a fourth consecutive session. Strong buying in auto, IT, metal, and FMCG stocks fueled the early trade, with the Nifty 50 reclaiming the 26,000 mark. However, the broader market experienced profit booking.
Despite overall equity offloading, Foreign Institutional Investors (FIIs) selectively increased their holdings in 10 Nifty50 stocks during Q3. Companies like Bharti Airtel, Asian Paints, and Tata Motors saw notable gains in FII ownership, indicating a cautious yet targeted investment approach.
US wealth management and brokerage stocks sold off sharply after an AI-driven tax-planning tool raised fears that automation could disrupt advisory revenues. Investors worried about fee pressure and weakened business moats, though analysts argue established firms retain advantages, and the reaction may be overdone.
Gold and silver futures opened higher on Wednesday, driven by expectations of a more accommodative Federal Reserve following soft U.S. data. Weakening consumer spending and growth concerns bolstered safe-haven demand for precious metals, with both gold and silver prices advancing in domestic and international markets.
The rupee weakened by 6 paise to 90.62 against the US dollar amid geopolitical tensions and importer demand. Fresh concerns arose from a US fact sheet detailing tariff reductions on Indian industrial and agricultural goods, impacting investor sentiment. Higher crude oil prices also add pressure on the Indian currency.
Grover Jewells shares will list on the NSE SME platform on February 11. Grey market indicators suggest a flat debut. The Rs 34 crore IPO saw strong investor demand, subscribed 19.16 times. The company manufactures wholesale gold jewellery and operates showrooms in Delhi. IPO proceeds will fund working capital and general corporate needs. Listing performance will depend on fundamentals.
Jubilant FoodWorks has celebrated an impressive leap in net profits for the December quarter of FY26, witnessing a remarkable surge of over 68 percent. This robust financial growth was bolstered by a 13 percent increase in revenue from its operations, stemming from enhanced operational efficiencies and strategic store expansions.
IIFL Finance plans a retail bond issuance of Rs 2,000 crore next week to support its business growth that more than doubled in a year, backed by a spurt in lending against gold jewellery.
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