๐ฐ India Business Brief: Top Headlines for February 09, 2026
Published: 2026-02-09 08:30 IST | Category: Markets | Author: Abhi
Business Standard
- Aye Finance IPO Opens: The micro-lender Aye Finance launches its โน1,010 crore initial public offering today with a price band set at โน122โโน129 per share. The issue, which includes a fresh issue of โน710 crore, aims to bolster the NBFCโs capital base for lending to micro-enterprises.
- Leadership Change at Dutch-Bangla Bank: Md Ahteshamul Haque Khan officially takes charge as the Managing Director and CEO of Dutch-Bangla Bank PLC, following a six-year tenure as Deputy Managing Director.
- Global Monetary Watch: Markets are tracking the US Federal Reserveโs closed-door meeting scheduled for today, where officials are expected to review and determine advance and discount rates, potentially signaling future interest rate directions.
Economic Times
- Budget 2026 Tax Overhaul: Analysts are decoding the new equity tax regime which shifts the burden of buyback taxes from companies to shareholders. While retail investors may see a reduced burden compared to the previous dividend-based system, promoters face additional levies to ensure tax uniformity.
- Adani Enterprises Q3 Results: Adani Enterprises is in focus as it releases its Q3 FY26 financial results today. Early indicators suggest a focus on infrastructure expansion and green energy milestones.
- Precious Metals Slump: Silver ETFs and spot prices for both gold and silver have witnessed a sharp correction in early Monday trade, tracking a broader global sell-off in commodities.
- Valuation Debate: A new report highlights the growing competition between Bajaj Finance and the recently listed Tata Capital, questioning whether Tata Capital's premium valuation over the industry heavyweight is sustainable.
Mint
- Market Volatility & Trump Tariffs: The Nifty enters the week of February 09 after experiencing its widest weekly swing since 2024. Sentiment has been bolstered by US President Donald Trumpโs announcement to cut reciprocal tariffs on Indian goods from 25% to 18%, though aggressive profit-booking continues at higher levels.
- Sectoral Performance: The IT sector remains under pressure due to shifting AI growth outlooks, while the banking and auto sectors show resilience following the US tariff news.
- Weekly Stock Picks: Technical analysts have identified Bajaj Finance and Larsen & Toubro as top recommendations for the trading week, citing strong support levels and positive momentum indicators.
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