๐ฎ๐ณ India Daybook ~ Stocks in News
Published: 2026-02-10 08:15 IST | Category: Markets | Author: Abhi
Positive Buzz
- IREDA: The Board has approved a fundraise of โน29.94 billion via a Qualified Institutional Placement (QIP). The governmentโs stake is expected to see a minimal reduction of not more than 3.76%.
- RailTel Corporation: Shares are in focus after the company secured a fresh series of work orders in the telecommunications and signaling sectors, strengthening its digital infrastructure order book.
- Axiscades Technologies: The company announced bagging a significant new contract, which is expected to bolster its aerospace and defense vertical.
- State Bank of India (SBI): Continues to see momentum after hitting a record high following upbeat Q3 results and optimistic management guidance.
- Kalyan Jewellers: Reported a stellar Q3 performance with revenue jumping 42% YoY to โน103.4 billion, driven by strong festive demand.
- Atul Auto: The stock is buzzing after reporting an 18% YoY rise in consolidated revenue for the December quarter, reaching โน2.3 billion.
- IndusInd Bank & Grasim: Technical analysts have flagged these stocks for potential upside; IndusInd Bank is showing strength above key averages, while Grasim has signaled a breakout from its consolidation range.
Neutral Developments
- Q3 Earnings Heavyweight Calendar: A massive lineup of earnings is scheduled for today, including Titan Company, Grasim Industries, Eicher Motors, Britannia Industries, Samvardhana Motherson, Apollo Hospitals, United Breweries, and Jubilant Foodworks.
- Oil India: The Board will meet today to announce Q3 results and consider a second interim dividend for FY 2025-26. Analysts expect a recovery in net profit due to stabilized crude realizations.
- Hindustan Aeronautics (HAL): Slated to declare its financial results today along with an equity dividend of โน4.00 per share.
- AMFI Data: The Association of Mutual Funds in India (AMFI) will release the monthly inflow/outflow data for January today, which will provide cues on domestic liquidity trends.
- IPO Watch: Mainboard IPOs of Fractal Analytics and Aye Finance enter their second day of bidding, while the SME IPOs of Biopol Chemicals and PAN HR Solutions close for subscription today.
Negative News
- Volatility Warning: Despite the positive bias, the India VIX has edged higher to 12.20, suggesting that intraday volatility could persist during the heavy earnings season.
- Power Grid & ITC: These stocks were among the top laggards in the previous session and may face continued selling pressure as investors rotate capital into high-growth sectoral themes.
- Global Cues: While US markets ended higher, European indices showed mixed signals, which might limit sharp directional gains in the early part of the domestic session.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex