Morning Cuppa 16th Feb: Indian Markets, Global Markets and Commodity Update

Market Snapshot

Nifty- 25,471 (-1.30%)
Sensex- 82,626 (-1.25%)
FII: -7395 Cr
DII: +5553 Cr
GIFT nifty 25,520

Bond Market

10Y G-sec remained flat and closed at 6.68%
Urban India may account for 70% of GDP in FY26: Dun & Bradstreet report
India’s forex reserves drop $6.7 billion to $717 billion, gold reserves dip, reveals RBI data

Corporate Updates

Lodha Developers acquires Pune-based Solidrise Realty for ₹300 crore
Anupam Rasayan Q3 profit rises 12% despite margin pressure; revenue jumps 31%
Fortis Healthcare Q3 profit falls despite strong revenue growth; Hospital biz up 14%
Torrent Pharma Q3 net profit surges 26% on strong revenue growth, declares ₹29 dividend

Currency Market

USD/INR at 90.64
DXY at 96.92
EUR/USD at 1.1869
GBP/USD at 1.3649
USD/JPY at 152.70

Global Markets

US: Dow +0.10%, S&P 500 +0.05%, Nasdaq -0.22%
Europe: FTSE +0.42%, DAX +0.25%, CAC -0.35%
Asia: Nikkei -1.21%, Hang Seng -1.72%, Shanghai -1.26%

Commodities

Brent $67.75/bbl (+0.34%), Gold $5,043/oz (+2.50%)
Oil prices settle slightly higher as optimism around US inflation data outweighs OPEC supply concerns
Gold rises over 2% as soft inflation data rekindles Fed rate-cut hopes