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Shares of legal software firms and data service companies saw a sharp decline on Tuesday. This downturn followed the release of a new AI automation tool by Anthropic. Investors fear this tool could significantly impact the core businesses of these companies. Major players like RELX Plc and Wolters Kluwer NV experienced substantial drops.
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News and Media
Fractal Analytics announced dates for its Rs 2,834 crore IPO, billed as Indias first pure-play AI listing. The issue includes fresh shares and an offer-for-sale, funding global expansion, AI products and acquisitions, amid improving profitability and rising investor interest globally.
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News and Media
Aditya Birla Capital posted a strong Q3FY26 with profit rising 33% and revenue up 27%, led by robust lending, insurance and asset management growth, improving asset quality and higher disbursements across businesses.
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News and Media
Gold and silver surged on Tuesday, marking their strongest single-day rebound since last weeks historic sell-off. Gold rose above Rs 1,51,000, while silver also recovered sharply. Analysts attribute the bounce to technical oversold conditions, short covering, and safe-haven demand, with US economic data and Fed policy likely to influence near-term volatility.
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News and Media
Eternal shares surged9% after global brokerage Jefferies added it to its India model portfolio, citing strong growth and improving margins. Jefferies highlighted Eternal's quick commerce success and set a street-high target price, anticipating significant upside. The company's Q3 results showed robust profit and revenue growth, with food delivery demand recovering.
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News and Media