Financial Summary: Wednesday, February 11, 2026
Financial news summary and key insights from Wednesday, February 11, 2026. Browse summaries by category below.
Companies
CSL shares fell 17% following CEO Paul McKenzie's resignation and a disappointing earnings report.
Lyft's stock dropped 15% after reporting disappointing fourth-quarter results and a decline in rider numbers.
Moderna's application for an experimental flu shot was rejected by the FDA, contradicting earlier feedback.
DuPont raised its price target after a solid performance following the spin-off of its electronics business.
Titan Company reported a 61% year-on-year increase in Q3 profit, driven by strong jewellery demand.
Samvardhana Motherson's shares rose 5% after a strong Q3 profit increase, with analysts optimistic about growth.
Ashiana Housing's stock surged 16% after reporting a 420% year-on-year increase in Q3 net profit.
Eicher Motors shares hit a record high after reporting in-line Q3 results, reflecting strong investor confidence.
Jubilant FoodWorks reported a nearly 69% rise in Q3 net profit, boosting its store count to 3,594 outlets.
Mahindra & Mahindra's net profit jumped 32.62% to Rs 3,931.30 crore in Q3 FY26.
TVS Supply Chain Solutions reported a turnaround with a net profit of Rs 10.72 crore in Q3 December 2025.
Avantel's stock rose 4.95% after securing a Rs 123 crore order from NewSpace India.
SBI surpassed TCS to become the fourth most valued firm in India, with a market capitalization of ₹10.92 trillion.
Lenskart reported a staggering 6,983% increase in net profit for Q3, reaching ₹131 crore.
General
Yale University has suspended David Gelernter from teaching amid an ongoing review of his emails related to Jeffrey Epstein.
Tech
xAI faces a leadership crisis as co-founder Jimmy Ba becomes the sixth founding member to leave the company.
Coforge launches CodeInsightAI, an AI platform aimed at modernizing legacy systems through automation.
Investor Orlando Bravo warns that many software companies are struggling with profitability, indicating potential stock overvaluation.
Markets
Gold prices increased as investors anticipate potential rate cuts from the Federal Reserve, boosting demand for the metal.
Wealth-manager stocks fell sharply due to disappointing retail sales, negatively impacting major financial indexes.
Apollo Hospitals shares surged 6% following strong Q3FY26 profitability, positively impacting the healthcare sector.
The Indian rupee declined 14 paise to close at 90.70 against the US dollar amid rising dollar demand and geopolitical tensions.
HDFC Bank shares continued to decline for the fifth consecutive session, reflecting a broader trend in the banking sector.
Nifty ended flat but showed bullish signals, with analysts recommending Craftsman Automation and Laurus Labs for potential gains.
BHEL's offer for sale experienced strong demand, leading to the decision to exercise the oversubscription option.
Select small-cap stocks, including MRPL and Craftsman Automation, reached 52-week highs despite a flat market.
Indian benchmark indices showed mixed results, with Nifty gaining for the fourth consecutive day while Sensex declined.
Morgan Stanley and Goldman Sachs acquired shares in Ather Energy through block deals worth Rs 233 crore, indicating strong interest in the stock.
U.S. Treasury yields rose sharply following a stronger-than-expected January jobs report, indicating mixed signals in the labor market.
The Investing Club raised price targets on three data center buildout stocks, reflecting optimism in the tech infrastructure sector.
India
Sebi has mandated credit rating agencies to maintain additional net worth for rating unlisted securities to enhance market synergies.
India's tax department is issuing notices to foreign venture capital and private equity firms following a Supreme Court ruling.
The Maharashtra government has been ordered to pay ₹691 crore to IDRCL in a tollway arbitration case.
Indian banks are slowing down hiring as automation and AI reduce the need for large staff increases.
The Reserve Bank of India has introduced new measures aimed at enhancing the financial health of cooperative banks.
The PM GatiShakti Network Planning Group has assessed infrastructure projects totaling Rs 16.10 Lakh Crore to boost development.
India's overnight indexed swaps indicate the end of the central bank's rate-cut cycle, with expectations of higher inflation.
The RBI has proposed draft amendments to lending norms for Urban Cooperative Banks, including doubling the unsecured advances ceiling.
Raghav Chadha has urged the Indian government to legalize Virtual Digital Assets (VDAs) like cryptocurrencies and NFTs.
The RBI has issued draft directions to exempt certain non-banking financial companies (NBFCs) from mandatory registration.
India's petroleum and liquid fuel consumption is projected to rise to 5.92 million barrels per day by 2026.
World
Centrica warns that UK electricity prices are set to rise significantly by 2030, exceeding post-Ukraine invasion levels.
China's consumer inflation rose less than expected in January, while producer prices continue to decline, highlighting economic challenges.
Hong Kong is advancing plans to issue stablecoin licenses, promoting cryptocurrency innovation despite concerns from Beijing.
The FAA has lifted its flight halt in El Paso after the Department of Defense disabled cartel drones.
UK Chancellor Reeves calls for faster integration with the EU amid ongoing political challenges.