India Financial News

06.02 / 03:59

markets UPS Target security Analysis Trade reports I-Sec maintains Hold on Bajaj Electricals, lowers target price to Rs 760

hold call on Bajaj Electricals Ltd. with a target price of Rs 760 (earlier Rs 900). The current market price of Bajaj Electricals Ltd. is Rs 720.05. Bajaj Electricals, incorporated in 1938, is a Mid Cap company with a market cap of Rs 8285.64 crore, operating in the Consumer Durables sector.

06.02 / 03:59

markets Mobile Analysis Trade Experts performer Features Ola Electric shares in focus on foray into motorcycle segment with 5 variants

Ola Electric shares are likely to remain in focus on Thursday, February 6, after the company announced its entry into the motorcycle segment by introducing five variants of Roadster X series, with an introductory price of Rs 74,999. “Ola Electric, India's largest pure-play EV company, today announced its entry into the EV motorcycle segment with the launch of its Roadster X series to redefine motorcycling with impressive performance and a thrilling riding experience,” said the company in an exchange filing.

06.02 / 03:59

markets Target Manufacturing Analysis Trade Experts innovations Azad Engineering shares in focus after signing long-term deal with Rolls-Royce for aircraft engine components

Azad Engineering shares will be in focus on Thursday after the firm signed a long-term agreement with Rolls-Royce PLC, London, to manufacture and supply critical civil aircraft engine components. «We hereby inform you that Rolls-Royce PLC, London- United Kingdom inks deal with AZAD Engineering Limited, Hyderabad- India to produce Civil Aircraft Engine Components in AZAD, India to supply on a long-term basis super critical complex machined parts for a period of life of the Engine Program,» the company said in an exchange filing.

06.02 / 03:59

markets Analysis Research trends Trade Experts travelers Fund Manager Talk | Mirae's Siddhant Chhabria raising allocation in discretionary consumption stocks

Following the Rs 1 lakh crore boost to consumption via income tax relief, Siddhant Chhabria, Research Analyst & Fund Manager at Mirae Asset, is incrementally looking to further increase allocation in the discretionary sector. «We have been overweight consumer discretionary and underweight staples as the discretionary sector can grow at 1.5-2x GDP growth while staples have the potential to grow at ~1x GDP. Both sectors are trading at similar valuation, hence we prefer discretionary given the growth opportunity,» says the fund manager of Mirae Asset Great Consumer Fund.

06.02 / 03:33

UPS Target Analysis Food Trade Experts reports Swiggy shares in focus after Q3 loss widens to Rs 799 crore. Should you buy, sell, or hold?

Swiggy shares will be in focus on Thursday, February 6, after the company reported a consolidated loss of Rs 799 crore for the December quarter, widening from Rs 574 crore in the same period last year. However, revenue from operations for Q3FY25 stood at Rs 3,993 crore, marking a 31% increase from Rs 3,049 crore in the corresponding quarter of the previous financial year.

06.02 / 03:33

Citi Target Analysis trends Trade Experts performer Page Industries shares in focus after Q3 PAT rises 34% YoY. Should you buy?

Page Industries will remain in focus on Thursday, February 6, after the company announced on Wednesday a 34.4% YoY increase in its net profit for the third quarter, which ended December 2024. The same was reported at 204.7 crore, driven by improved operating margins.

06.02 / 03:33

markets Digital Strategy economy Experts PAM RBI to cut rates tomorrow? Sitharaman has a message for the Monetary Policy Committee

Nirmala Sitharaman has a message for the Monetary Policy Commission which began deliberations on Wednesday. The Reserve Bank had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis following the outbreak of the Covid pandemic and subsequent lockdown.

06.02 / 03:33

UPS Target Analysis Bill Trade Experts Info Edge shares in focus after Q3 net profit jumps 60% YoY. What should investors do?

Info Edge will remain in focus on Thursday after the company posted a net profit of Rs 242.59 crore for the third quarter ending December 2024, up 60.6% year-over-year from Rs 151.09 crore a year earlier. The company’s revenue from operations for the third quarter grew 15.2% YoY to Rs 722.39 crore, compared to Rs 627.12 crore in the year-ago quarter.

06.02 / 03:33

markets Target Booking Analysis Trade Experts reports Buy Sona BLW Precision Forgings, target price Rs 725: JM Financial

buy call on Sona BLW Precision Forgings (Sona Comstar) with a target price of Rs 725. The current market price of Sona BLW Precision Forgings is Rs 505.05. Sona BLW Precision Forgings, incorporated in 1995, is a Small Cap company with a market cap of Rs 31140.36 crore, operating in the Auto Ancillaries sector. Sona BLW Precision Forgings' key products/revenue segments include Other Auto Components, Scrap, Export Incentives, Other Services, Other Operating Revenue and Royalty Income for the year ending 31-Mar-2023.

06.02 / 03:33

markets Target Digital Strategy economy PAM New RBI Governor set to begin interest rate cuts as global risks escalate

interest rate cut in his first policy meeting, shifting the focus to boosting economic growth as global risks escalate.

06.02 / 03:33

markets IPO FIVE Analysis Trade Experts band Hexaware Technologies IPO to open for subscription on February 12, price band fixed at Rs 674-708 per share

Hexaware Technologies will launch its Rs 8,750-crore initial public offering (IPO) on February 12, with a price band of Rs 674-708 per share. The IPO is a pure Offer for Sale (OFS), with promoter Carlyle offloading its stake. Post-IPO, Carlyle's stake will drop to 74.1% from the current 95%.

06.02 / 02:07

Analysis economy Trade President Experts War Gold firms near record peak as trade war concerns linger

Gold prices inched higher on Thursday to hover near an all-time high hit in the last session, as Sino-U.S. tariff war concerns boosted safe-haven demand, while investors awaited the payrolls data for clues about the health of the world's largest economy.

06.02 / 02:07

markets JPMorgan Analysis trends Trade President Experts Traders see tariffs, inflation as 2025's biggest market movers, survey shows

The bank said 51% of its 4,233 respondents named inflation and tariffs together as the top potential developments likely to dominate markets this year. Last year, inflation was also a top concern, but only for 27% of the interviewees.

06.02 / 02:07

markets Analysis Trade President Experts show reports Wall Street ends higher as investors digest earnings, rate cut prospects

Alphabet earnings and weighed the prospect of future interest rate cuts from the U.S. Federal Reserve. Google-parent Alphabet dropped 7.3% after posting downbeat cloud revenue growth on Tuesday and earmarking a higher-than-expected $75 billion investment for its AI buildout this year.

06.02 / 01:37

Election show rights Mint Quick Edit | Is the BJP set to oust AAP in Delhi?

Subscribe to enjoy similar stories. Exit polls after Assembly elections were held in Delhi on Wednesday show the Bharatiya Janata Party (BJP) winning power. To be sure, such polls have been way off the mark in recent times and sampling errors in India are common.

06.02 / 00:51

markets COST UPS CEO country voice Interviews AI belongs to everybody, says Sam Altman, CEO of ChatGPT maker OpenAI

Subscribe to enjoy similar stories. The pace of change in the field of artificial intelligence (AI) is “unbelievably more powerful than Moore's Law", Sam Altman, CEO of ChatGPT creator OpenAI said in an interview on Tuesday, when he was in India as part of a larger tour of several countries. The tour comes barely a fortnight after the release of China's DeepSeek R1 shook the market values of some of the world's biggest tech and AI firms.

06.02 / 00:51

markets Target Booking Action trends testing recommendations Stock recommendations: Raja Venkatraman picks these three stocks for today — 6 February

Subscribe to enjoy similar stories. On February 5, strong winds of bearishness continued to curb any revival in the Nifty. We have to wait for global cues to settle downso we can handle the positive signs that are emerging slowly.

06.02 / 00:51

markets IPO Provident Digital Aware Sify reports Sify’s data centre unit hires bankers for a ₹3,000 crore IPO

Subscribe to enjoy similar stories. Sify Infinite Spaces, the data centre business of Nasdaq-listed Sify Technologies Ltd., is looking to tap capital markets in India to raise ₹3,000 crore through an initial public offering (IPO), according to three people aware of the matter. “The firm has appointed investment banks to help it with the process," the first person cited above said on the condition of anonymity.

06.02 / 00:51

markets UPS Target Sustainability performer recommendations Stocks to buy: Ankush Bajaj recommends three stocks for today—6 February

Subscribe to enjoy similar stories. On 5 February, the market closed flat, with bulls attempting to take control initially. However, in the second half, bears regained dominance, leading to a decline.

06.02 / 00:51

markets UPS Analysis economy Research President Retail vs institutional investors: Who best read the consumption tea leaves?

Subscribe to enjoy similar stories. India's economic engine, consumer spending, has stumbled, placing immense pressure on the Union Budget 2025-26 to reignite growth. The budget delivered a headline-grabbing tax relief for the middle class, fueling hopes of a consumption revival.

06.02 / 00:51

UPS Extreme Fighting Southern Research track Mint Primer: Are we spending enough to fight climate change?

Subscribe to enjoy similar stories. This January, Prime Minister Modi launched Mission Mausam, a project to forecast climate change and extreme weather events. The government has now earmarked ₹1,329 crore in FY26 for this initiative in the Union budget.

what's happening in India

What is the current situation in India?

In India, the spotlight is on major events that spark public discussion.

Where can I find reliable news about India?

We publish verified updates about the situation in India, based on information from official representatives.

What shapes the media agenda in India?

The news landscape of India is shaped by major cultural and social events, reflecting its specific characteristics.