Mahindra & Mahindra, a leading automaker, is expected to report strong results for the third quarter with a 45% rise in net profit and 18% increase in revenue. This is driven by robust performance in the auto segment, which saw a 11.1% increase in sales volume, and better realizations in both auto and farm segments. Analysts predict continued growth in the auto sector.

Banking stocks and positive global cues led to a strong rally in the Indian stock market on Feb 13, with Sensex closing 0.68% higher and Nifty gaining 0.59%. NHPC announced an interim dividend, while Bharat Forge reported a slide in future growth. Union Bank, NMDC, BHEL all saw profit booking after being included in the MSCI index. GR Infraprojects' Q3 profits fell 25%.

Inflection Point Ventures, an angel investment platform, will invest Rs 150-200 crore in startups this year. In 2023, they had a total investment of Rs 750 crore with average IRR of 61%. They made 56 investments and had 14 exits, with one exit at 40 times multiple. The company will continue to invest in potential startups in India, especially in drone, sports, health, and fintech sectors.

The Pune real estate market experienced a 46% increase in property registrations in January 2024 compared to the previous year. The most popular price range for residential units was between Rs 50 lakh and Rs 1 crore, with properties priced at Rs 1 crore and above gaining a larger market share. Apartments within the range of 500 to 800 sq ft were the most sought after.

Bosch India saw a 62.5% increase in third-quarter profit due to high demand for its automotive parts. Revenue from the "automotive products" segment, which includes auto components and powertrain business, accounted for over 86% of total revenue. The surge was driven by a 21% rise in vehicle production and a 13% increase in revenue from the automotive products segment.

The pound strengthened against the euro, reaching its highest level in six months, after British wage growth slowed less than expected. This has caused investors to back off predictions of rate cuts by the Bank of England. Despite a decrease in wage growth, inflation data will be closely watched to determine if spring rate cuts are still possible.

Capital Small Finance Bank's stock is expected to have a muted debut on February 14, as the IPO received a subdued response and its GMP was wiped out. The bank plans to expand its branch network across India but some experts believe it is aggressively priced and may not offer much upside to investors. The IPO was subscribed 4.17x and the funds will be used for augmenting the bank's capital base.

Anamika Jaiswal, one of the petitioners in the Adani-Hindenburg case, has filed a review of the SC's judgment which declined to set up an SIT to investigate the allegations. The petition claims that there are errors in the judgment and provides new evidence for a review. It also challenges court's conclusion on SEBI's duties and alleges that there has been a failure in regulating the Adani group.

Recent struggles of leading edtech company Byju's have prompted investors and board members to reevaluate their fiduciary responsibilities. According to venture capitalist Michael Moe, this experience serves as a necessary wake-up call for increased caution and diligence in adhering to established protocols. Despite the challenges faced by the edtech sector, GSV Ventures.

GNIDA has launched a scheme to allot eight group housing builder plots in Greater Noida, with a deadline of March 1, 2024. These plots are located near important connections like Yamuna Expressway, Eastern Peripheral Expressway, and the upcoming Noida International Airport. The plots range from 13,938.5 sqm to 38,771 sqm, with prices ranging from Rs 36,500 per sqm to Rs 48,300 per sqm

Shares of Hero MotoCorp ended higher at Rs 4,744 on February 13 despite a 4% drop the previous day due to valuation concerns. Analysts attribute the company's 51% Y/Y increase in net profit to reduced input costs, operational leverage, and increased average selling prices. While Hero's current valuations reflect a cyclical recovery, analysts caution about disruption risk and elevated valuations.

Arvind Fashions reported a slowdown in revenue growth during the holidays and expects improvement in the first quarter. Its profit from ongoing operations rose, but its shares fell 9%. Demand remains weak for retailers due to consumer cutbacks. Premium brands like Calvin Klein and Tommy Hilfiger saw an increase in sales while kids' wear sales jumped by 15%.

On Tuesday, benchmark equity indices saw gains as financials rebounded and domestic inflation eased. IT stocks also contributed to the rally ahead of a key US inflation report. The Sensex rose 0.68% and Nifty surged 0.59%. This week, focus will be on US CPI and PPI reports. ICICI Bank, Axis Bank, Wipro, and Kotak Bank were top gainers. Paytm shares fell 10% after brokerage downgrade.

Indian equity market rebounds with Nifty above 21,700 after favourable macroeconomic data. Banking stocks lead the gains, while Hindalco and Grasim Industries are top losers on Nifty. December IIP growth rises to 3.8% and January CPI inflation eases to 5.10%. UPL, Axis Bank, and SBI Life Insurance are among the top gainers, while Coal India and ICICI Bank also see strong performance.

In the stock market, most public sector undertakings (PSUs) such as banking and railway firms rebounded after a recent correction, offering investors a good opportunity. However, caution is advised due to high multiples in certain stocks. Railway and PSU bank stocks are expected to perform well, while defence and railway stocks may see value in the medium to long term.