Upstox is prioritizing profitability and diversification over an immediate IPO, aiming for a 2.3x profit jump to 500 crore by FY26. The brokerage is expanding into commodities, MTF, and mutual funds to offset regulatory impacts and build resilience in a challenging market environment.
Following an exceptional December quarter, Navin Fluorine International witnessed a significant leap in its stock prices. The firm announced a noteworthy surge in both net profit and revenue, highlighting enhanced operational performance marked by elevated EBITDA and improved margins. Growth was particularly notable across High-Performance Products, Specialty Chemicals, and CDMO markets.
As of February 9, 2026, 21 stocks from the Nifty500 universe closed above their 200-day moving average (DMA). From this group, we have highlighted 11 stocks that gained more than 3%, based on technical scan data from StockEdge.com. The 200-day moving average is widely tracked by traders as a key indicator of a stocks long-term trend. When a stock trades above its 200-day DMA on a daily chart, it is generally considered to be in a broader uptrend. Heres a closer look.
While Indiana officials play up their efforts to lure the Chicago Bears across the border for a new stadium, Gov. JB Pritzker said Monday that he and his staff have made "progress" to incentivize the football team to stay in Illinois.
Actis LLP is making a move to buy back Sprng Energy from Shell. This clean energy platform was originally set up by Actis. Other major players like Aditya Birla Group and KKR are also in the race. Final bids are expected soon. The deal could value Sprng Energy at up to $2 billion.
Gold jewellers stocks saw significant gains on Monday. This rally was driven by a US-India trade deal that reduced tariffs on jewellery exports. Strong financial results from companies like Kalyan Jewellers and P N Gadgil also boosted investor confidence. Demand from the wedding season is expected to continue this positive trend into the next quarter.
State Bank of India shares surged over 7%, marking its biggest single-day gain in 19 months following stronger-than-expected December quarter results. Analysts cited robust loan growth and outperformance against peers, leading to price target upgrades and bullish derivative positions, suggesting further upside potential.
Gold and silver ETFs rebounded strongly on Monday, recovering from significant losses incurred last week. Despite market volatility, wedding-related demand persists, with consumers in smaller cities accelerating purchases to hedge against future price increases. Long-term investors continue to favor gold for its consistent returns.
