Business

03

Feb

By The Press Editor

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Business

Upper circuit alert: FMCG stock volatile amid high trading volume, check share price

The stock's 14-day relative strength index (RSI) is 35.89. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of fast-moving consumer goods (FMCG) Elitecon International Ltd hit a 5 per cent upper circuit in the opening trade as stock market rally amid strong global cues and as India and the United States agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from current 25 per cent. The stock opened gap up with a gain…

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03

Feb

By The Press Editor

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Business

BSE-listed IT stock gains post update on AI-enabled preventive health screening at Madgaon railway station

According to BSE Analytics, the stock has yielded a return of 535.14 per cent in 10 years and 3.05.71 per cent in five years. Mumbai: Shares of BSE-listed company Blue Cloud Softech Solutions gained on Tuesday, February 3, 2026, as the company shared related information about an AI-enabled preventive health screening platform in a live railway operation environment. Following this update, the stock started the trading session in the green at Rs 20.54 against the previous close of Rs 19.05 on the BSE. This represents a gain of 7.82 per cent. Last seen, the stock was trading at Rs 19.90…

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03

Feb

By The Press Editor

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Business

Metal stock in focus as company records highest-ever monthly sales in January, check share price

While the stock has gained 978.57 per cent in five years, it has corrected 53.81 per cent in two years and 40.10 per cent in one year. Mumbai: Shares of Rathi Steel and Power Ltd (RSPL) are on investors' radar as the company stated that it has recorded its highest-ever monthly sales in January 2026. According to the information shared with exchanges, sales from the company's Ghaziabad unit on a standalone basis stood at around Rs 77.45 crore. Post this update, the stock started the trading session at Rs 23.30 against the previous close of Rs 23 on the BSE.…

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03

Feb

By The Press Editor

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Business

Just 6% work left: Delhi–Mumbai expressway almost ready, govt confirms 2026 launch

Once the last segment of the project is opened, it will ensure smooth travel from the heart of Delhi to the expressway network. New Delhi: The connectivity between Delhi and Mumbai is set to receive a major boost, with the crucial section linking central Delhi to the Delhi-Mumbai Expressway expected to be operational by June 2026. The government has confirmed that significant steps are being taken towards completing India’s longest expressway. In what comes as a crucial update, Union Road Transport Minister Nitin Gadkari, in a written reply to the Lok Sabha, has said that the work on the DND-Faridabad-Sohna…

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03

Feb

By The Press Editor

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Business

Bihar Budget 2026: Finance Minister tables Rs 3.47 lakh crore budget in Assembly

Bihar Finance Minister Bijendra Yadav said that this year's budget of Rs 3.47 lakh crore is significantly more than last year's Rs 3.17 lakh crore. Patna: Bihar Finance Minister Bijendra Yadav has tabled the Budget 2026-27 in the state Assembly. While presenting the Budget, the Finance Minister said that this year's budget of Rs 3.47 lakh crore is significantly more than last year's Rs 3.17 lakh crore. Of this, Rs 7,724 crore has been allocated to social welfare schemes. Yadav also said that tax revenue for the 2026-27 financial year is expected to be around Rs 65,800 crore. In keeping…

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03

Feb

By The Press Editor

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Business

Shares of Hyderabad-headquartered company trades in green post this update, check details

According to BSE Analytics, the stock has yielded a return of 4130.77 per cent in five years and 232.33 per cent in three years. Mumbai: Shares of smallcap company in the industrial manufacturing sector, MIC Electronics, surged 5 per cent to hit upper circuit of Rs 44.86 on the BSE as the company announced that has received its first commercial order for its GPS Location-based Public Address and Passenger Information System (PAPIS). The stock opened gap with a gain of around 5 per cent from the previous close of Rs 42.73. Last seen, it was trading at Rs 44.32 with…

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03

Feb

By The Press Editor

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Business

From capex to connectivity: How budget 2026 positions infrastructure as real estate’s primary demand driver

A key structural reform announced in the Budget is the proposed Infrastructure Risk Guarantee Fund, aimed at moving infrastructure projects from announcement to execution. New Delhi: The Union Budget 2026 has positioned infrastructure as the primary growth engine for the real estate sector, with the government maintaining a strong public capital expenditure outlay of Rs 12.2 lakh crore. While the Budget stopped short of announcing direct tax incentives or housing-specific sops, developers say the emphasis on sustained infrastructure investment sends a clearer and more durable signal for demand creation. From urban transport and connectivity to large-scale public works, the continued…

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03

Feb

By The Press Editor

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Business

National Expressways explained: How many of them are there in India? Find out here

National Expressways can even exceed the speed of 120 kilometres per hour. Notably, the speed of most of the national expressways is around 130 to 140 kilometres per hour. New Delhi: In a significant development, the National Highway Authority of India recently designated Bihar's only road between Patna and Purnia districts as a National Expressway. While we have heard a lot about highways and expressways, are we exactly aware of what a National Expressway is? When does a road receive the status of being a National Expressway? Let’s delve deeper into this story to unlock some of these queries. The…

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03

Feb

By The Press Editor

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Business

Smallcap EV stock gains 7.63% as Sensex trades over 2,500 points higher, check details

Technically, the stock trades higher than the 20-day and 50-day moving averages but lower than the 5-day, 100-day and 200-day moving averages. Mumbai: Shares of smallcap EV stock Mercury Ev-Tech rose by nearly 8 per cent amid strong market sentiment on Tuesday, February 3, 2026, after India and the United States agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Amid this rally, the stock opened gap up with a gain of 7.42 per cent at Rs 40 against the previous close…

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03

Feb

By The Press Editor

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Business

Gold gains 3,18%, silver up by Rs 21,219 on MCX | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price was up by 4.04 per cent to approximately USD 4,840.7 per troy ounce. Mumbai: Rates of precious metals in futures trade rebounded on Tuesday, February 3, 2026, amid a rally in the international bullion prices. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 4,009 at Rs 1,48,000 per 10 grams against the previous close of Rs 1,43,991. It gained further to hit the high of Rs 1,49,485, a jump of Rs 5,494 or 3.81 per cent. Last…

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