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IIT professor’s entrepreneurial bet pays Rs 1,000 crore, students too strike IPO riches

by ET Markets | February 26, 2026 1:06 pm | Indian Stocks, Market, News

An entrepreneurial leap by IIT-Bombay professor Shashikanth Suryanarayanan has turned into a windfall as his stake in Sedemac Mechatronics is valued at nearly Rs 1,000 crore ahead of its IPO. Former students-turned-cofounders are also set to reap significant gains as...

Smallcap AI shares locked in 20% upper circuit on US transport agency deal

by ET Markets | February 26, 2026 1:05 pm | Indian Stocks, Market, News

Shares of XTGlobal Infotech hit the 20% upper circuit at Rs 33.18 on the BSE after the company secured an AI Enablement for Engineering Services contract from a US-based state transportation agency. The six-month engagement is valued at about $796,900. Managing...

Global Markets | Australian shares hit record high for second day; miners, health, tech fuel rally

by ET Markets | February 26, 2026 1:04 pm | Indian Stocks, Market, News

Australian stocks hit a fresh record high for the second day, driven by strong performances from miners, healthcare, and tech sectors amid a robust earnings season and rising commodity prices. Miners, in particular, saw significant gains, with BHP and Rio Tinto...

Liraglutide still a ‘decent market’ despite Novo’s price moves: Siddharth Mittal, Biocon

by ET Markets | February 26, 2026 1:04 pm | Indian Stocks, Market, News

Biocon CEO Siddharth Mittal outlines the company’s strategy in the competitive GLP-1 market. Focusing on liraglutide’s launch in the US and Europe, he highlights opportunities in emerging markets. While semaglutide is a longer-term play, Biocon is actively...

NSE is said to invite banks to pitch for $2.5 bllion IPO

by ET Markets | February 26, 2026 12:05 pm | Indian Stocks, Market, News

National Stock Exchange of India Ltd. has invited banks to pitch for roles in its long-delayed IPO, signalling fresh momentum for one of India’s biggest potential listings. The exchange, guided by Rothschild & Co., is moving to appoint advisers as it revives plans...

Waaree, Premier Energies shares rise 2% as brokers brush off US CVD fears

by ET Markets | February 26, 2026 12:05 pm | Indian Stocks, Market, News

Indian solar energy stocks saw gains on Thursday. Brokerages reassured investors, downplaying the impact of new US import duties. Companies like Waaree Energies and Premier Energies are expected to remain largely unaffected. This is due to their sourcing strategies...

Tejas Networks shares rocket 10%, snap 4-day losing streak. What’s triggering the massive surge?

by ET Markets | February 26, 2026 12:04 pm | Indian Stocks, Market, News

Shares of Tejas Networks rose sharply after the company sealed a major agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios. MIMO (Multiple-Input Multiple-Output) is a wireless technology that enhances data speeds and signal reliability by...

Rupee stuck in range, missing tech and commodity lift for EM peers

by ET Markets | February 26, 2026 11:07 am | Indian Stocks, Market, News

The Indian rupee is showing slight strength today, aided by a weaker dollar. However, it continues to lag behind other emerging market currencies this year. Investors are currently favoring global markets with strong tech, export, and commodity sectors, leading to...

Nykaa shares’ 64% rally crowns it as internet leader, but do rich valuations justify the risk-reward?

by ET Markets | February 26, 2026 11:06 am | Indian Stocks, Market, News

Nykaa’s parent company, FSN E-Commerce Ventures, has seen its shares surge by 64% over the past year. This rally follows strong operational performance and robust profit growth. Despite the impressive comeback, experts are divided on whether the current stock...

Did Angel One shares really crash 90%? Here’s why you should ignore the massive plunge

by ET Markets | February 26, 2026 11:06 am | Indian Stocks, Market, News

Angel One shares appeared to crash 90% on Thursday, but the sharp fall was due to a 1:10 stock split adjustment on the record date. The stock opened at Rs 251 compared to the previous close of Rs 2,489.90 and was down about 1% in early trade.

Dipan Mehta bets on NBFCs, says cleaned-up books signal fresh upside

by ET Markets | February 26, 2026 11:05 am | Indian Stocks, Market, News

Dipan Mehta of Elixir Equities offers a selective outlook, favoring NBFCs and pharma while cautioning on metals and avoiding certain largecaps. He sees strength in diversified NBFCs and potential in solar despite current underperformance, but advises patience in real...

Sanofi Consumer Healthcare shares zoom 14% after Q4 profit jumps 50%; declares dividend of Rs 75

by ET Markets | February 26, 2026 11:04 am | Indian Stocks, Market, News

Sanofi Consumer Healthcare shares surged over 14% following a robust 50% year-on-year net profit increase to Rs 66.5 crore in Q4. Driven by product relaunches and strong export growth, the company reported a 47% revenue jump. Full-year profit rose 33%, prompting a Rs...

Global Market | Japan’s hawkish turn? BOJ’s Takata warns of inflation overshoot

by ET Markets | February 26, 2026 10:15 am | Indian Stocks, Market, News

Bank of Japan board member Hajime Takata is urging a shift from fighting deflation to preventing inflation overshoot, advocating for gradual interest rate hikes. He believes Japan has met its inflation target and emerged from stagnation, warning that global economic...

Frightful February for IT stocks: How Anthropic’s 6 AI tools sparked a multi-billion dollar meltdown in 4 weeks

by ET Markets | February 26, 2026 10:14 am | Indian Stocks, Market, News

Indian IT stocks have seen a sharp downturn in February, with the Nifty IT index dropping 21%. This decline was triggered by new AI launches and capabilities from startup Anthropic, raising investor concerns about potential disruptions to the sector. Major IT firms...

Rupee rises 6 paise to 90.85 against US dollar in early trade

by ET Markets | February 26, 2026 10:14 am | Indian Stocks, Market, News

The rupee strengthened by 6 paise to 90.85 against the US dollar in early trade on Thursday, driven by a weaker greenback and FII inflows. Positive domestic equity market sentiment also supported the local unit, though rising crude oil prices and geopolitical...

US Stock Market | Fed policy in wait-and-watch mode as markets eye next rate move

by ET Markets | February 26, 2026 10:12 am | Indian Stocks, Market, News

St. Louis Fed President Albert Musalem believes current U.S. policy rates strike a good balance between economic risks, with inflation nearing the 2% target and a stabilizing labor market. Meanwhile, Kansas City Fed President Jeffrey Schmid highlights inflation as a...

The cash is real: Asit Bhandarkar stays underweight IT, goes bullish on smallcaps

by ET Markets | February 26, 2026 10:11 am | Indian Stocks, Market, News

Asit Bhandarkar of JM Financial Mutual Fund advises investors to temper IT sector concerns, advocating for a disciplined approach. He suggests a slight underweight in IT, urging against panic selling. Instead, focus shifts to smallcap stocks exhibiting strong earnings...

25 stocks that survived AI crash reveal what themes could work within Indian IT space

by ET Markets | February 26, 2026 10:10 am | Indian Stocks, Market, News

Indian IT stocks experienced a significant downturn due to AI concerns, with the Nifty IT index falling 21% in February. However, 25 select stocks defied the slump, showing positive returns by focusing on AI infrastructure, integration, and specialized engineering,...

US Stock Market | Investor rush sparks historic scramble for new bond issuances

by ET Markets | February 26, 2026 10:10 am | Indian Stocks, Market, News

The U.S. primary credit market is experiencing record-breaking competition as investor demand for new corporate bonds surges. This heightened demand has led to tighter allocations for individual investors and increased trading activity in the secondary market....

Sensex, Nifty off to a positive start as IT stocks spark surge

by ET Markets | February 26, 2026 10:09 am | Indian Stocks, Market, News

Indian stock markets are on the rise for a second day. The Sensex opened higher by over 140 points. The Nifty is trading above 25,500. Technology stocks are leading the gains, following their Wall Street counterparts. Major IT firms like Tech Mahindra and Infosys are...
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