Trade Setup for January 2: Nifty ends near flat but charts hint at breakout above 26,200
The Nifty opened 44 points higher but spent most of the day consolidating in a narrow range. The intraday high low span was limited to about 85 points.
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Olectra Greentech begins commercial operations at Hyderabad EV facility
Olectra Greentech Limited began Phase I operations at its Hyderabad electric vehicle plant, boosting annual capacity to 2500 buses and advancing its expansion in electric mobility.
RailTel Corporation secures ₹567 crore order from Assam Health Infrastructure for HMIS project
The order pertains to the procurement, implementation, and maintenance of a Hospital Management Information System (HMIS) and is awarded by a domestic entity. The estimated size of the order is ₹567 crore. The project is scheduled to be executed by…
Punjab & Sind Bank Q3 Update: Total business up 12% to ₹2.49 lakh crore
Total deposits rose to ₹1,39,203 crore at the end of December 2025, up 2.58% from the previous quarter and 9.27% higher than a year earlier. CASA deposits increased to ₹43,182 crore, registering a 4.99% sequential growth and an 8.77% rise…
Aurobindo Pharma subsidiary acquires Khandelwal Laboratories’ non-oncology prescription business for ₹325 cr
Auro Pharma Ltd acquires Khandelwal Laboratories’ non-oncology prescription business, adding 23 brands and 470 staff, boosting its pain management and anti-infective portfolio in India. Shares of Aurobindo Pharma Ltd ended higher on Thursday, January 1, by 1.18% at ₹1,197.00 on…
South Indian Bank Q3 results: Advances up 11%, deposits rise 12%; CASA ratio improves
South Indian Bank reported double-digit growth in advances and deposits for December 2025, with CASA deposits up 14.65% and shares closing 0.86 percent lower at ₹37.99.
Tobacco stocks tumble; Godfrey Phillips plunges 17%
Shares of cigarette and tobacco product makers tumbled on Thursday, with Godfrey Phillips slumping 17%, after the government notified February 1 as the date from which additional excise duty on tobacco products, and a health cess on pan masala, will…
MOIL revises manganese ore prices for January 2026, ferro grades up 3%
According to the company, all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been increased by 3% over prices prevailing since December 1, 2025. Shares of MOIL Ltd ended at ₹368.95, up by ₹0.40, or…
Vodafone Idea faces ₹638 crore GST demand, penalty from CGST Ahmedabad
“The maximum financial impact is to the extent of tax demand, interest and penalty levied,” the company said in its filing. Vodafone Idea added that it does not agree with the order and will take appropriate legal action(s) against the…
Indian Bank reports 13.4% growth in Q3 FY26 total business
Indian Bank reported 13.4% business growth in Q3 FY26, with advances at ₹6.40 lakh crore and deposits at ₹7.90 lakh crore. Shares of Indian Bank ended marginally lower on Thursday, January 1, by 0.45% at ₹833.50 on the NSE.