Markets trade lower in early trade
The Hindu
The 30-share BSE benchmark index fell 385.38 points to 61,413.65 in early trade
Equity benchmarks Sensex and Nifty declined in early trade on Friday amid weak trends in global markets and sell-off in IT counters.
The 30-share BSE benchmark index fell 385.38 points to 61,413.65 in early trade. The broader NSE Nifty declined 115.35 points to 18,299.55.
From the Sensex pack, Tata Consultancy Services, Wipro, HCL Technologies, Infosys, ITC, Kotak Mahindra Bank, and Mahindra & Mahindra were the major laggards. Larsen & Toubro, Reliance Industries, Power Grid, Bharti Airtel, Axis Bank and UltraTech Cement were among the winners.
Elsewhere in Asia, equity markets in Seoul, Tokyo, and Shanghai were trading lower, while Hong Kong was quoted in the green.
The U.S. markets had ended sharply lower on Thursday.
The BSE benchmark Sensex had tanked 878.88 points or 1.40% to settle at 61,799.03 on Thursday. The Nifty plummeted 245.40 points or 1.32% to end at 18,414.90.
International oil benchmark Brent crude dipped 0.05% to $81.17 per barrel.
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IDBI Bank's Q3 net profit rises slightly to ₹1,935 crore, with total income and interest income declining.
HDFC Bank Ltd., India’s largest private sector bank, reported 11.5% growth in net profit for the quarter ended 31 December 2026 at ₹18,654 crore compared with ₹16,735.5 crore a year ago.
When Union Minister for Road Transport and Highways, Nitin Gadkari, recently spoke about the transformative potential of Vehicle-to-Vehicle (V2V), a technology for autonomous driving in India, he framed it as a critical lever for safer roads, smarter traffic management and future-ready mobility. That vision is already finding concrete expression inside Samsung Electronics-owned HARMAN Automotive’s India operations, which are emerging as a global hub for software-defined and connected vehicle technologies, says Krishna Kumar, Managing Director and Automotive Head, HARMAN India.
Instituting production-linked incentive (PLI) schemes to curtail import dependency on critical components in the longer-term, and rationalising import duties for support in the short term, forms the core of the wind energy producers’ wish list in the upcoming Union Budget.
ICICI Bank Ltd., the second largest private sector bank, for the third quarter ended 31 December 2025 reported 4% drop in net profit to ₹11,318 crore as compared to ₹ 11,792 crore in the year ago period on account of making additional standard asset provision of ₹1,283 crore during the quarter as per direction of the Reserve Bank of India (RBI).
HDFC Bank's Q3 profit rises 12% to ₹19,807 crore, driven by increased net interest and non-interest income.