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Jio Platforms is finally entering the stock market with one of India's largest IPOs in years, raising ₹30,213 crore at a price band of ₹1,065 to ₹1,119 per share. The numbers look impressive on the surface: 533 million subscribers, 51.9% EBITDA margins, and free cash flow that jumped from ₹1,449 crore to ₹42,071 crore in just two years. But dig into the prospectus and questions emerge. Today we break down the tax accounting, the asset life extension that boosted profits by ₹1,841 crore, and why return on equity trails its closest rival. Get the full market picture on askfuzz.ai.
India's stock market opens nearly flat this Monday, but don't let the quiet start fool you. The banks just reported, and the results are moving in different directions. ICICI Bank posted a 20% profit jump with falling bad loans, Axis Bank surged 35.6%, but HDFC Bank came in below estimates. The Indian stock market today is all about earnings over index moves. Bajaj Finance, UltraTech, and L&T Technology also report. Global tech weakness hit the Nasdaq 2.15% lower, which could cool last week's 18-year high run in Indian IT. Get the full market picture on askfuzz.ai.
Polycab India, one of the biggest names in the Indian stock market, got dragged into insolvency proceedings over a debt that was just 0.35% of its quarterly profit. A small aluminium supplier filed a petition at the NCLT Ahmedabad after a ₹34.16 crore transaction left a ₹2.78 crore gap that Polycab disputed but couldn't fully prove. This episode walks through how provisional billing, missing debit notes, and unresolved reconciliation gave the tribunal enough reason to admit the case and trigger CIRP. It also covers the NCLAT's swift interim relief just two days later. This is a stock market story about how even giants can get caught by process. Get the full market picture on askfuzz.ai.
Indian IT just pulled off its biggest weekly comeback in months, dragging the entire stock market higher to close out the week on a strong note. Nifty ended at 23,146, up 0.65%, while the Sensex gained 414 points. IT stocks added a staggering Rs 2.7 lakh crore in market cap in just five sessions. Tech Mahindra led the charge with an 8.49% jump after strong Q2 results and a Jefferies upgrade. Wipro rallied 6% on 9% revenue growth. The Yes Bank AT-1 bond Supreme Court verdict also shook the stock market today, declaring a Rs 8,415 crore write-off illegal. Get the full market picture on askfuzz.ai.
The Indian stock market is flashing green today, but the headline number is hiding a fierce tug-of-war underneath. Nifty IT is up 3.2% while banking, FMCG, and midcaps are all sliding, and a handful of earnings results are driving every bit of that split. Tech Mahindra sparked the IT rally with a strong Q2 beat, a Rs 15 dividend, and a 1:1 bonus share, sending the stock up 8.5%. Wipro is up nearly 6% despite weak Q3 guidance, while Persistent Systems drops 5% on a profit miss. On the other side of the stock market, Nestle India crashed nearly 8% after its Q2 results disappointed and brokerages cut targets. Get the full market picture on askfuzz.ai.
Adani Group tried to shift 265 of Mumbai airport's 770 weekly international slots to the new Navi Mumbai airport, and the entire industry said no. Airlines called it forceful, IATA warned it would damage connectivity to India's financial capital, and the government stepped in to defer the plan to March 2027. This stock market story matters beyond aviation. The episode covers why Terminal 1 demolition forced Adani's hand, what ₹20,000 crore in Phase 1 investment means for EBITDA, and why airline slot rights made this a stock market flashpoint. Get the full market picture on askfuzz.ai.
The Indian stock market to set to open on a cautiously positive note this Friday. Gift Nifty is pointing to an open about 87 points higher, but the gap is slim at 0.38%, so watch the first 15 minutes before reading too much into the direction. Wall Street closed green overnight, Asia is following, and Brent crude is easing slightly, all of which sets a constructive backdrop for the stock market today. Wipro faces selling pressure after Q2 net profit missed expectations, while IRFC draws attention on a 10.2% profit jump and a dividend announcement. Bharat Dynamics is in focus after Rs 4,106 crore defence contracts. Get the full market picture on askfuzz.ai.
India's stock market is running in the opposite direction from Asia today. Korea's Kospi triggered a circuit breaker and Japan's Nikkei plunged nearly 5%, but Nifty is up 1.52% and Sensex has surged 1,200 points. The engine is IT, with the Nifty IT index up over 2% as global investors rotate out of AI-heavy names into traditional Indian IT services. HCL Tech's 21% profit jump sparked the move, and TCS, Infosys, and Tech Mahindra are all climbing. But this Indian stock market rally isn't clean. IDBI Bank has crashed 7% on its stake sale news, metals and PSU banks are in the red, and midcaps are flat. Get the full market picture on askfuzz.ai.
The Indian stock market is heading into a tricky Thursday. Gift Nifty is just 49 points above Wednesday's close, signalling a flat to marginally positive open, but the calm surface hides real tension underneath. Sensex expiry today means volatility could spike hard through the session. US inflation came in at 3.7%, above estimates, sending the Nasdaq down 1.88% and reviving Fed rate hike fears. The Nikkei crashed 4.36% overnight. In the stock market today, Jio Platforms filing its IPO red herring prospectus puts Reliance in focus, while a Cabinet-cleared Rs 52,878 crore IDBI Bank stake sale to Fairfax at Rs 81 per share is the sharpest corporate story of the morning. Get the full market picture on askfuzz.ai.
Wednesday looked set to extend Tuesday's rally, but crude oil had other plans. Brent jumped to $107 after Houthi attacks targeted a Saudi Aramco building, and that single move rippled through the Indian stock market, stoking inflation fears and rupee pressure. The Sensex closed down 252 points, Nifty at 22,622. BHEL was the standout story, hitting a record high after Q2 profit surged 120% year-on-year to Rs 810 crore. Pharma dragged the market down 1.30%, while IT and FMCG held firm. Jio's Rs 30,000 crore IPO filing also loomed over today's stock market mood. Get the full market picture on askfuzz.ai.
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