Gold and silver suffered their worst selloff in over a decade as a stronger dollar and Kevin Warsh’s Fed chair nomination triggered profit-taking after record highs, slamming MCX prices, ETFs and global bullion markets amid extreme volatility and margin pressure.
Meesho reported a 13-fold jump in Q3 losses to Rs 491 crore after its December listing, even as revenue rose 32% year-on-year, driven by aggressive user acquisition, higher advertising spends and continued investments to fuel long-term growth.
Cigarette maker Godfrey Phillips India Ltd on Friday reported an 8.7 per cent rise in its consolidated net profit to Rs 343.29 crore for the December quarter of FY26.
Sebi has cleared seven IPOs, signalling a strong start to the 2026 listing pipeline. Approvals include HD Fire Protect, Xtranet Technologies, Parijat Industries, Rotomag Enertec, CSM Technologies, Eldeco Infrastructure and AITMC Ventures, with issues spanning fire safety, IT services, real estate, energy solutions and diversified manufacturing.
Bajaj Auto Q3 Results: Two-wheeler major Bajaj Auto on Friday reported 19% year-on-year (YoY) growth in its consolidated net profit at Rs 2,503 crore. Revenue from operations to rose 19% YoY to 15,220 crore, driven by record quarterly volumes and a richer mix.
SBI General Insurance reported strong financial performance in 9M FY26, with gross direct premium growth of 14.5% and PAT of Rs 522 crore. Improved loss ratio and healthy solvency underscore operational strength and disciplined risk management.
CARE noted that while the AGR deferral significantly reduces near-to-medium-term cash outflows, spectrum-related dues are likely to increase sharply from FY28 onwards. The company’s ability to meet these obligations will depend on the timely execution of network capex, tariff hikes, and operating leverage-led improvement in cash flows.
Market expert Sandip Sabharwal expressed caution on high-valuation EMS stocks like Dixon Technologies, questioning earnings quality and growth sustainability. He offered a tactical view on oil stocks such as ONGC, citing cheap valuations, and maintained a guarded stance on Paytm due to structural challenges and low-PE business models.
Nestle India announced an interim dividend of Rs 7 per share after reporting a 45% jump in December-quarter net profit, driven by broad-based volume growth, revenues, strong category performance, and benefits from capacity investments, advertising push, and GST-led market recovery.
Silver’s record-breaking rally hit a sudden pause as March futures plunged nearly Rs 37,000, slipping below Rs 4 lakh after a 74% surge this month. Analysts say momentum remains bullish but warn of extreme overbought conditions, rising volatility, and elevated risks, prompting investors to weigh profit-booking against staying invested.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.