Asian markets traded mostly lower on Friday, following overnight losses on Wall Street as technology stocks slipped on fears about artificial intelligence (AI) disruption.
US stock market ended lower on Thursday, weighed down by a selloff in technology stocks and as investors were cautious ahead of US inflation data.
Here's a table showing how US stocks performed on Thursday:
| Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
| Alphabet | 309.37 | -1.87 | -0.60% | 316.48 | 308.15 | 350.15 | 142.66 |
| Apple | 261.73 | -13.77 | -5.00% | 275.72 | 260.18 | 288.61 | 169.21 |
| Meta | 649.81 | -18.88 | -2.82% | 676.00 | 645.28 | 796.25 | 479.80 |
| Tesla | 417.07 | -11.54 | -2.69% | 436.23 | 414.00 | 498.82 | 214.25 |
| Netflix | 75.86 | -3.77 | -4.73% | 79.15 | 75.23 | 134.12 | 75.23 |
| Amazon | 199.60 | -4.60 | -2.25% | 203.96 | 197.56 | 258.60 | 161.43 |
| Microsoft | 401.84 | -2.53 | -0.63% | 406.20 | 398.01 | 555.45 | 344.79 |
| Dow Jones | 49451.98 | -669.42 | -1.34% | 50447.01 | 49420.28 | 50512.79 | 36611.78 |
| Nasdaq | 24687.61 | -513.65 | -2.04% | 25310.56 | 24643.73 | 26182.10 | 16542.20 |
Source: Equitymaster
At present, the BSE Sensex is trading 682 points lower, and the NSE Nifty is trading 214 points lower.
Bharti Airtel, SBI, and Axis Bank are among the top gainers today.
Infosys, TCS, and HCL Tech, on the other hand, are among the top losers today.
The BSE Midcap index is trading 3.4% higher, and the BSE Smallcap index is trading 4.5% higher.
Sectoral indices are trading negatively today, with stocks in the IT sector and the realty sector witnessing selling pressure.
The rupee is trading at Rs 90 against the US dollar.
Coal India Q3 FY26 Results
Shares of Coal India came into focus after the company reported its Q3 FY26 results.
Consolidated revenue from operations declined 4.7% year-on-year to Rs 308.2 billion (bn), compared with Rs 323.6 bn in the year-ago period. However, revenue improved 14.5% on a quarter-on-quarter basis.
EBITDA fell to Rs 102.9 bn from Rs 137.5 bn a year earlier. EBITDA margins narrowed to 29.44%, reflecting a contraction of 800 basis points year-on-year.
The company reported a consolidated net profit of Rs 71.7 bn, down from Rs 84.9 bn in the same quarter last year.
Infosys Partners ExxonMobil for AI Cooling
Infosys has expanded its strategic partnership with ExxonMobil to help develop and deploy advanced data center cooling solutions using ExxonMobil's Data Center Immersion Fluids. These fluids are designed to improve energy efficiency and make better use of available power in data centers.
The collaboration combines ExxonMobil's cooling technology with Infosys Topaz, its AI-first platform powered by generative AI, and Infosys Cobalt, its cloud services platform. Together, they aim to build high-efficiency cooling systems capable of supporting the growing power demands of AI and high-performance computing (HPC) workloads.
Infosys Topaz will help optimize cooling operations in real time, enabling smarter energy consumption, predictive maintenance, and more reliable and sustainable infrastructure. Meanwhile, Infosys Cobalt will provide the cloud foundation needed to securely deploy and scale these solutions across data center and enterprise environments.
The joint solutions will target hyperscalers, large enterprises, and public sector organizations across industries such as financial services, telecom, manufacturing, energy, and government.
Indraprastha Gas Q3 FY26 Results
Shares of Indraprastha Gas came into focus after the company reported its Q3 FY26 results.
Revenue from core operations rose 8.3% to Rs 44.9 bn during the October-December quarter of FY26, up from Rs 41.4 bn a year ago.
Total expenses for the quarter increased 6.2% year-on-year to Rs 41.5 bn, compared with Rs 39.1 bn in the corresponding quarter of the previous financial year.
State-run gas distributor Indraprastha Gas reported an 11% year-on-year increase in consolidated net profit to Rs 3.9 bn in the third quarter, compared to Rs 3.5 bn in the same period last year.
The company's board has also approved a dividend of Rs 3.25 per share for shareholders. The record date to determine eligible shareholders has been fixed as 19 February 2026.
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