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IIFL Finance shares dropped nearly 18% after the Income Tax Department ordered a special audit, overshadowing the company's strong Q3 financial results and improved asset quality.
Indian benchmark indices Nifty and Sensex experienced a sharp decline, wiping out over ₹7 lakh crore in investor wealth due to persistent FII selling and global uncertainty.
Thangamayil Jewellery reports a 119% surge in Q3 net profit to ₹105 crore, driven by a 112% rise in revenue to ₹2,406 crore for the quarter ending December 2025.
Eternal Ltd reports a 72.9% year-on-year rise in Q3 FY26 net profit to ₹102 crore and a 201.8% revenue surge, alongside the resignation of CEO Deepinder Goyal.
The Indian rupee fell to a historic low of 91.72 against the US dollar, driven by persistent foreign capital outflows, geopolitical tensions, and stalled US trade talks.
Senores Pharmaceuticals is set to surpass its FY26 growth guidance, driven by strong quarterly performance, the Apnar Pharma acquisition, and robust emerging market revenues.
Eternal Limited reports a 73% rise in Q3 net profit to Rs 102 crore, alongside the major announcement of founder Deepinder Goyal's resignation as CEO.
Persistent Systems' CEO Sandeep Kalra reaffirms the company's ambitious revenue targets, aiming for $2 billion by FY27 and $5 billion by FY31, driven by AI-led strategies.
ABB CEO Morten Wierod reveals plans to elevate India to its third-largest global market before 2030, driven by electrification, automation, and strategic manufacturing.
Dhanlaxmi Bank's shares surged 8% after reporting a strong 20.76% year-on-year growth in total business to ₹31,933 crores for the third quarter of FY26.
Jindal Stainless reports a 26.6% year-on-year increase in Q3 net profit to ₹828.8 crore, alongside a dividend declaration and improved operating margins.
Indian stock markets face a severe downturn as Sensex and Nifty fall sharply due to persistent FII selling, global rate hike fears, and weak corporate earnings.
Global markets plunge as President Trump's tariff threats over Greenland trigger a rare 'Sell America' trade, with investors simultaneously dumping US stocks, bonds, and the dollar.
Indian stock markets witnessed a sharp sell-off with the Sensex plunging over 1,000 points, wiping out nearly ₹6 lakh crore in investor wealth due to global uncertainties and heavy FII outflows.
Hindustan Zinc reported record-breaking revenue and profit for Q3 FY26, driven by strong metal prices and operational efficiency, causing its stock to surge to a new 52-week high.
Indian equity markets faced a sharp sell-off, with the Sensex falling over 1,000 points and Nifty dropping below 25,000 amid weak global cues and persistent FII outflows.