by ET Markets | February 2, 2026 5:05 pm | Indian Stocks, Market, News
The rebound came despite proposals to raise transaction taxes on derivatives and the absence of fresh measures aimed at drawing foreign investment. The BSE Sensex rose 943.5 points, or 1.17%, to close at 81,666.46, while the Nifty 50 advanced 261 points, or 1.06%, to...
by ET Markets | February 2, 2026 5:04 pm | Indian Stocks, Market, News
Power Grid shares saw a sharp surge on Monday after the PSU raised its FY26 capex guidance to Rs 32,000 crore and increased capitalisation targets, signalling strong execution visibility. The company posted an 8% YoY rise in Q3 net profit to Rs 4,185 crore, with...
by ET Markets | February 2, 2026 4:07 pm | Indian Stocks, Market, News
Zerodha founder Nithin Kamath criticised the STT hike on equity derivatives, saying it won’t curb speculation as most activity is in options. He warned higher taxes could hurt futures volumes, liquidity and price discovery, and suggested suitability norms as a better...
by ET Markets | February 2, 2026 4:06 pm | Indian Stocks, Market, News
Union Budget 2026 outlines a confident and fiscally disciplined growth roadmap, with emphasis on sunrise sectors, infrastructure, digital capacity and inclusive development. The Budget aims to deepen capital markets, strengthen manufacturing, empower women...
by ET Markets | February 2, 2026 4:06 pm | Indian Stocks, Market, News
Gold and silver prices extended a sharp correction after a speculative, momentum-driven rally, pressured by profit-taking, a stronger dollar, rising US yields and higher global margins. Analysts say the broader trend remains bullish, with current declines seen as...
by ET Markets | February 2, 2026 4:05 pm | Indian Stocks, Market, News
Sovereign Gold Bond prices plunged on the NSE after the government withdrew capital gains tax exemption for bonds bought in the secondary market. The Budget 2026 move restricts tax-free gains only to original RBI subscribers holding SGBs till maturity, triggering...
by ET Markets | February 2, 2026 3:09 pm | Indian Stocks, Market, News
Hyundai Motor Q3 Results: Auto major Hyundai Motor India reported a 6.3% YoY jump in its December quarter consolidated net profit at Rs 1,234 crore compared to Rs 1,161 crore reported in the year ago period.
by ET Markets | February 2, 2026 3:09 pm | Indian Stocks, Market, News
Hyderabad-based Marri Retail has filed its DRHP with Sebi for an IPO comprising a Rs 522-crore fresh issue and a promoter OFS. The company plans to use the proceeds for debt reduction, new store expansion and capex. Marri Retail currently operates 34 stores across...
by ET Markets | February 2, 2026 3:07 pm | Indian Stocks, Market, News
Safe-haven euro zone government bond yields were steady on Monday as a rout in precious metals gripped markets at the start of a week that will also see an interest rate decision from the European Central Bank. Silver and gold extended last week’s declines,...
by ET Markets | February 2, 2026 3:06 pm | Indian Stocks, Market, News
Veteran investor Raamdeo Agrawal warns that recent derivatives trading cost hikes may reduce strategy profitability and temporarily impact market liquidity. While the budget is praised, the timing of these increased costs adds to market jitters amid moderating...
by ET Markets | February 2, 2026 3:05 pm | Indian Stocks, Market, News
FIIs reversed their two-quarter selling streak by raising stakes in several beaten-down smallcap stocks, signalling renewed confidence despite sharp one-year declines.
by ET Markets | February 2, 2026 3:05 pm | Indian Stocks, Market, News
SBI Securities has identified five stocks that could benefit from the capex focused Union Budget 2026, which raised government spending to Rs 12.2 lakh crore. The brokerage sees upside of up to 17%, driven by infrastructure push, banking growth and global demand...
by ET Markets | February 2, 2026 3:04 pm | Indian Stocks, Market, News
Raamdeo Agrawal hails the government’s 100% tax holiday for data centres until 2047 as a “transformational” policy. This move is expected to significantly boost India’s participation in the global AI infrastructure race, leveraging cost...
by ET Markets | February 2, 2026 2:07 pm | Indian Stocks, Market, News
Bitcoin fell below $76,000 and Ethereum hovered near $2,200 as nearly $2 billion in liquidations triggered a broad crypto selloff. Major altcoins slid sharply, global market cap dropped over 4%, and analysts warned that thin liquidity, ETF outflows and rising macro...
by ET Markets | February 2, 2026 2:06 pm | Indian Stocks, Market, News
Gold, silver and equities tumbled together in a rare cross-asset slide, with leveraged unwinding, a stronger dollar and expectations around Kevin Warsh’s Fed outlook triggering a sharp selloff. Analysts warn against chasing rallies, suggesting disciplined asset...
by ET Markets | February 2, 2026 2:05 pm | Indian Stocks, Market, News
India’s Union Budget prioritizes continuity amid global uncertainty, with fiscal discipline largely achieved. While borrowing targets raise concerns, the focus shifts to proactive liquidity management to ensure fiscal discipline translates into lower borrowing...
by ET Markets | February 2, 2026 2:05 pm | Indian Stocks, Market, News
Bitcoin slid to a 10 month low in Asian trading as market sentiment weakened amid broader asset volatility. The cryptocurrency has logged four consecutive monthly declines, its longest losing streak since 2018, with investors rattled by global market turmoil and...
by ET Markets | February 2, 2026 2:04 pm | Indian Stocks, Market, News
India’s budget received cautious optimism, but reversing foreign investor outflows remains uncertain. While capital expenditure plans align with expectations, higher taxation on derivatives and a significant premium over other emerging markets deter FIIs....
by ET Markets | February 2, 2026 1:05 pm | Indian Stocks, Market, News
Prashant Jain said Union Budget 2026–27 ticks all the right boxes and offers a reasonable investment opportunity over the next three to four months despite market volatility. He believes large-cap stocks are fairly valued, long-term returns should track nominal GDP...
by ET Markets | February 2, 2026 1:04 pm | Indian Stocks, Market, News
Temasek Holdings and Life Insurance Corporation of India are poised to be major sellers in the National Stock Exchange of India’s potential $2.5 billion IPO. State Bank of India and SBI Capital Markets are also expected to participate in the offering, which will...
