Man Industries (India) Ltd shares surged after Q3FY26 net profit jumped 61.8% to ₹55 crore, with improved margins and a ₹4,005 crore order book boosting revenue visibility.
The broader Nifty PSU Bank index surged 3.6% intraday to hit a fresh record high of 9,193, surpassing its previous peak of 9,175.55 recorded on January 29, 2026.
Research Richard Yetsenga, Group Chief Economist at ANZ Research says the US Federal Reserve will cut rates only gradually, as solid growth is offset by a weakening labour market and sticky inflation.
London Stock Exchange Group’s forex trading platform in India faced technical issues, affecting spot dollar rupee trades. LSEG is RBI-authorized but did not comment on the disruption.
Jefferies has a “hold” recommendation on Whirlpool of India, with a target price of ₹1,030 per share.
Kalyan Jewellers reported manipulative trading and unverified rumours to Sebi, seeking F&O suspension after its share price fell 41 percent in January 2025 despite strong Q3 results.
Tokyo’s Nikkei 225 hit a record after Sanae Takaichi’s LDP won a supermajority. Asian markets surged, Wall Street rallied, and bitcoin rebounded above $70,000. Gold and silver also rose.
CLSA said that execution on growth in the EMS business, commissioning and ramp-up of new projects such as OSAT and PCB, and a reduction in working capital will be key triggers for a rerating of the stock.
As many as 53.6 lakh shares, or 1.48% equity, of Patanjali Foods, worth ₹272 crore changed hands at an average of ₹509 per share via block deals on Monday.
JK Tyre MD Anshuman Singhania said that raw material costs are expected to remain range-bound in Q4, and any decision on price hikes will depend on raw material trends.