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Shares of Muthoot Finance Ltd ended at ₹4,060.00, up by ₹126.85, or 3.23%, on the BSE.

Welspun Living’s revenue declined 9% YoY in Q3 FY26 and margin narrowed sharply amid weakness in textile and flooring segments.

The Nifty Bank index edged lower by 6 points to 60,740. The Midcap index declined 284 points to 60,471, though select midcap counters saw stock-specific action.

Lumax Auto Technologies shares gained after Q3 profit surged 83% year-on-year, supported by 40% revenue growth and improved operating margins. The company also approved a ₹30 crore channel financing support proposal.

Abneesh Roy, Executive Director, Institutional Equities, said he continues to have high conviction on Britannia Industries, Nestlé India and Titan Company, and expects the strong demand trend to continue for these companies in the January-March 2026 (Q4FY26) quarter.

Navneet Damani, Head of Commodity and Currency Research at Motilal Oswal Financial Services, said silver demand remains linked to sectors such as solar and AI-driven industrial usage, but price direction will also depend heavily on global currency movement.

Gujarat Fluoro’s December quarter results declined across parameters. Its net profit was down 18.3% at ₹103 crore in the third quarter compared to 126 crore in the previous year.

Redtape’s December quarter earnings gained across parameters, with its margins expanding as well. The company reported a net profit of ₹104.5 crore, up 43.2% from the previous year’s ₹73 crore.

Astra Micro’s net profit was down 1.3% at ₹46.8 crore compared to ₹47.4 crore in the previous year.

From tractors to logistics, Mahindra’s businesses are delivering across the board. Group CEO and MD Anish Shah speaks to CNBC-TV18 on whether any one can emerge as the clear standout.