Sensex rallies over 300 points in early trade; Nifty tops 15,400
The Hindu
Global cues are positive with the U.S. economy showing a rise in jobs indicating sharp economic recovery.
Equity benchmark Sensex rallied over 300 points in early trade on Friday tracking gains in index majors Reliance Industries, HDFC twins and ICICI Bank amid positive cues from global markets. The 30-share BSE index was trading 306.57 points or 0.60% higher at 51,421.79, and the broader NSE Nifty surged 101.15 points or 0.66% to 15,439. ONGC was the top gainer in the Sensex pack, jumping over 3%, followed by Reliance Industries, SBI, IndusInd Bank, HDFC, ICICI Bank and Axis Bank.
China's economy grew 5% in 2025, fueled by strong exports, despite challenges from Trump tariffs and slowing growth in Q4.
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India's power distribution utilities reported a ₹2,701 crore profit in FY25, reversing years of losses and improving performance indicators.
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Mercedes-Benz India CEO advocates for rationalizing customs duties on luxury cars to boost demand and tax revenue in India.
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.