Latest Stock Market News

Investors wealth eroded Rs 7.68 lakh crore in four days of market slump as foreign fund outflows and fresh tariff concerns unnerved market sentiment. In the past four days, the BSE benchmark Sensex tumbled 1,272.01 points, or 1.61 per cent.

Rate this item

(1 Vote)

Satin Creditcare reported an 87% YoY drop in Q3 net profit to ₹14 crore due to rising credit costs. Revenue grew 15%, but provisions surged, raising GNPA to 3.9%. The company emphasizes returning to fundamentals for recovery.

Asia Index Private, a subsidiary of BSE, has launched five new indices to capture the performance of Indian companies ranging from large cap to micro-cap. These indices include BSE 1000, BSE NEXT 500, BSE 250 MICROCAP, BSE Next 250 MICROCAP, and BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%), aiming to provide a comprehensive coverage of India s equity market.

Benchmark indices fell as Sensex dropped 548 points and Nifty50 slipped below 23,400, driven by metal stock weakness after US tariff hikes. Key movers included Redington, Varroc, Avanti Feeds, and steel stocks.

The Indian rupee weakened to its all-time low on Monday in the wake of U.S. President Donald Trump announcing fresh tariff plans, which drove regional currencies lower, while persistent portfolio outflows remained a sore point for the local unit.

Stock market update: Nifty IT index falls 0.76%

Updated at : 2025-02-10 17:50:02

Rate this item

(1 Vote)

The Nifty IT index closed 0.76 per cent down at 42596.55.

Rajesh Jejurikar, CEO of Mahindra & Mahindra’s Auto & Farm sector, shares insights on the company s remarkable growth in the SUV and tractor markets. Despite overall industry sluggishness, M&M has seen strong demand due to successful launches like the Thar, XUV700, and Scorpio N. In tractors, positive rural factors have maintained strong performance with a 44% market share.

Amid the volatility, five stocks from the Nifty 500 index hit fresh 52-week highs and lows.

Eureka Forbes Q3 profit up 52.5 pc to Rs 35 cr

Updated at : 2025-02-10 16:25:02

Rate this item

(1 Vote)

Eureka Forbes Ltd, a health and hygiene products maker, on Monday reported a 52.5 per cent increase in its consolidated net profit to Rs 35.03 crore in the December quarter.

RBI’s 25-bps rate cut, its first in five years, pressures private banks NIMs while public banks remain stable. NBFCs may see funding relief, but liquidity challenges persist. Analysts predict a shallow rate-cut cycle with regulatory shifts benefiting financial institutions.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.