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The Indian rupee rose 38 paise to 90.40 per US dollar, driven by foreign portfolio inflows, RBI liquidity, and calm global cues, despite risks from Brent crude, geopolitics, and US–India trade.

Morgan Stanleysaid growth volatility over the last two quarters has reinforced its view that the predictability of growth in the paints sector is waning.

Physicswallah Ltd sees 71.7 million shares freed for trading as lock-in ends. Shares worth ₹766.83 crore now eligible for trading. Stock debuted strong but is 34% below its 52-week high of ₹161.99.

Underlying volume growth came in at 4%, higher than the CNBC-TV18 poll estimate of 2% to 3%. The company reiterated its focus on volume-led growth.

JPMorgan believes the recent outperformance in the stock is overdone, as the company still awaits bank funding to drive the next leg of its capex cycle.

Black Box DO BRASIL INDÚSTRIA E COMÉRCIO LTDA will acquire 2S Inovações Tecnológicas for ₹275 Crores. The deal is expected to close by March 2026. Black Box shares rose over 2 percent to ₹582.15.

On Wednesday, February 10, sources told CNBC-TV18 that the promoters of Netweb Technologies were to sell up to a 3% stake in the firm via block deals.

Shares of HDFC Life, SBI Life, ICICI Prudential Life, and ICICI Lombard fell after RBI draft rules aimed at curbing mis-selling in bancassurance; final guidelines expected by July 1, 2026.

LG Electronics India attributed the weakness to lower-than-expected post-festive demand, particularly in compressor-led products.

Ed Yardeni, President of Yardeni Research, said investors are shifting towards so-called “AI immunity” stocks in traditional sectors such as energy and industrials, a trend he believes makes sense.