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The Supreme Court on Wednesday eased the firecracker ban in Delhi-NCR for Diwali, permitting the use of green crackers on the day before Diwali and on Diwali day, Live Law reported. The court said the crackers can be burst only in designated areas and within fixed time slots — between 6 AM and 7 AM, and again from 8 PM to 10 PM.

Shares of Indian Renewable Energy Development Agency (IREDA) fell 2.6% to their intraday low of Rs 153.35 on the BSE, retreating from the day’s high of Rs 157.45. The dip comes a day after the public sector power financier announced its Q2 FY26 results, which showed robust earnings but also triggered profit booking among investors.The stock had surged 4% on Tuesday, touching a high of Rs 155.85 following the earnings announcement, but Wednesday’s decline erased all those gains.IREDA’s market capitalization, around 10 am, stood at Rs 43,262 crore.IREDA posted a consolidated net profit of Rs 549.33 crore for Q2 FY26, marking a 41.5% year-on-year (YoY) jump from Rs 388 crore in the same quarter last year. Revenue from operations also climbed 26.2% YoY to Rs 2,057 crore compared to Rs 1,629.55 crore in Q2 FY25.On a sequential basis, the performance was even more striking. Net profit more than doubled, rising 122% from Rs 247 crore in Q1 FY26, while revenue rose 5% from Rs 1,960 crore.Despite the upbeat financials, investors appeared to lock in gains, leading to a price correction. A total of 4.54 lakh shares were traded on the BSE during the day, reflecting heightened activity.Operational metrics:Gross NPAs improved to 3.97% from 4.13% in Q1.Net NPAs improved to 1.97% from 2.06%.Loans sanctioned surged 86% YoY to Rs 33,148 crore as of September 30, 2025.Disbursements rose 54% YoY to Rs 15,043 crore.Loan book outstanding stood at Rs 84,445 crore, up 31% YoY.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

CoinDCX, India’s leading crypto exchange, has announced that Coinbase has agreed to invest in CoinDCX. The completion of funding, which is subject to regulatory approvals and other customary closing conditions, is an extension to the last fundraise, and once completed, the company's valuation will stand at $2.45 billion post-money. This new capital infusion reinforces CoinDCX’s strong position in India’s digital asset space and strengthens its commitment to making crypto accessible in a simple, secure, and compliant manner. Also Read | Mutual funds increase cash allocation by Rs 1,139 crore to nearly Rs 2 lakh crore in September The company has expanded into the Middle East and North Africa (MENA) region through the acquisition of BitOasis in 2024. The fresh capital will be used to fuel product innovation, drive user growth, expand into new geographies, and deepen educational initiatives.“India and the Middle East are among the most dynamic regions for crypto adoption and innovation. We’re excited to support CoinDCX’s continued growth and look forward to expanding our partnership in the months ahead,” said Shan Aggarwal, Chief Business Officer, Coinbase."Coinbase has been an investor in CoinDCX since 2020. Its decision to infuse more capital is a strong validation of CoinDCX’s long-term vision and responsible growth strategy. Coinbase is globally recognized for building compliant-first crypto businesses. We see strong synergies with Coinbase in building a compliant and regulatory-friendly crypto ecosystem in India, MENA and beyond," said Sumit Gupta, Co-founder, CoinDCX. Coinbase is a leading platform for the global onchain economy, empowering millions of users in 100+ countries to access, trade, and manage digital assets. With a mission to increase economic freedom worldwide, Coinbase provides secure and trusted products and infrastructure for individuals, institutions, and developers to engage with crypto assets and build the future of finance.Also Read | Gold vs Silver: Which one deserves a place in your portfolio this Diwali?CoinDCX is backed by world’s leading investors including Polychain, Bain Capital, Jump Capital, Pantera, Steadview, Kingsway, Draper Dragon, R Capital, Kindred, Block.One, and Cadenza amongst others. The company also boasts a talent base of over 400 employees. Additionally, CoinDCX is the first exchange to be FIU registered and is ISO 27001:2022 certified.

Mumbai: A rush to purchase stock market debutant LG Electronics India in opening trades on Tuesday seems to have led to an amusing twist.As investors scrambled to buy LG early to ride the listing pop, some ended up mistakenly scooping up shares of a similarly named company: LG Balakrishnan and Bros, a Coimbatore-based auto component maker founded in 1937.Brokers said some investors, in a hurry to execute 'buy' trades in LG Electronics, would have erroneously punched the orders in LG Balakrishnan, a relatively thinly-traded stock with a market value of ₹4,372 crore at the end of trading on Tuesday.The total traded volumes on BSE and NSE were 684,105 shares, compared with the two-week daily average of 31,400. The stock zoomed to a high of ₹1,600 on NSE in early trades on Tuesday, nearly 15% above its previous day's closing price of ₹1,390. It gave up the gains and ended 1.6% lower at ₹1,367.60, as investors probably realised the mistake and wound up their positions.Trade mix-ups caused by mistaken identities are not very uncommon in the stock market. Brokers said such instances happened often in Tata Motors and Tata Motors' Differential Voting Rights (DVR) shares, especially during news-heavy days when retail investors rushed to buy Tata Motors shares but ended up buying DVRs by mistake.The DVR shares saw outsized intra-day spikes in volume and price, often reversing later in the day once traders realised the error.One of the most striking global examples of mistaken identity in markets occurred during the early months of the Covid pandemic, when investors confused Zoom Technologies, a defunct Chinese mobile firm, with Zoom Video Communications, the popular video conferencing platform. As retail investors rushed to capitalise on the surge in videoconferencing demand, many inadvertently bought shares of Zoom Tech instead of Zoom Video. The frenzied purchases sent the wrong stock soaring nearly 1,800% in a matter of weeks, forcing US regulators to step in and temporarily suspend trading in Zoom Technologies.

Mumbai: LG Electronics India made a strong debut on the Indian bourses on Tuesday, with shares of the consumer durables manufacturer listing at a 50% premium - the best listing performance for a ₹10,000 crore-plus IPO in recent years.The sizzling opening also ensured that the company's market value exceeded that of its Korean parent.The company's market capitalisation on Tuesday was ₹1,14,223 crore, or $12.8 billion, compared with its Korean parent LG Electronics Inc's $9.3 billion.LG's Indian arm clocked a revenue of ₹24,367 crore in FY25, while the Korean giant reported a rupee equivalent revenue of around ₹82,500 crore in 2024, according to ETIG.Shares of LG India opened at ₹1,710 compared with its offer price of ₹1,140. The stock ended slightly lower at ₹1,682.8."The listing gains for LG Electronics India were better than expected, and the stock now trades close to our long-term price target of ₹1,850," said Vaqarjaved Khan, senior fundamental analyst at Angel One.124564976Khan said the company continues to deliver stronger margins, returns and earnings compared to domestic peers such as Blue Star and Voltas, but the valuation comfort seen before the IPO has now moderated.Three brokerages - Motilal Oswal Financial Services (₹1,800), PL Capital (₹1,780) and Emkay (₹2,050) - have initiated coverage on the stock with a 'Buy' rating, implying upsides of 6-22% from current levels."We believe LG Electronics India is fairly valued around ₹1,850 in the near term, with limited upside from current levels," said Aakash Fadia, vice-president - Consumer Durables, Institutional Equities Research, Yes Securities. "Investors who received IPO allotments may consider booking profits, while fresh investors could look to enter on dips, particularly around the second-quarter results, which may be impacted by softer primary sales," he said.Echoing Fadia, Khan too said investors, who received allotment in the IPO, could consider booking profits as the stock moves higher over the next few days, and look for re-entry opportunities after the second-quarter results. "For new investors, a correction toward the ₹1,600-1,630 range would offer a more attractive risk-reward setup," he said.