HDFC AMC announces its first-ever 1:1 bonus issue, doubling shareholders’ equity and enhancing stock liquidity. The move rewards long-term investors. The company posted a 24.6% YoY rise in Q2 FY26 net profit to Rs 718.43 crore in earnings announced on Wednesday.Read More

Axis Bank Q2 Results: Axis Bank’s standalone net profit experienced a significant 25% year-on-year decline, falling to Rs 5,090 crore in the second quarter. This decrease occurred despite a marginal 2% rise in net interest income, which reached Rs 13,744 crore during the same period.Read More

HDFC Life Q2 Results: HDFC Life Insurance Company announced its Q2 results. Net profit saw a 3% year-on-year increase to Rs 448 crore. Net premium income grew by 14% to Rs 18,871 crore. The company also reported strong performance in its first half results, with profit after tax rising 9%.Read More

Indian stock markets saw a strong rebound on Wednesday. The Sensex and Nifty both climbed, ending a two-day losing streak. Investors showed renewed confidence. This optimism was fueled by expectations of a U.S. Federal Reserve interest rate cut. Hopes for a corporate earnings rebound also boosted market sentiment. The Sensex closed higher by 575 points.Read More

The Indian rupee soared to post its best one-day gain in nearly four months on Wednesday, powered by firm central bank intervention supporting the currency while traders also cited unwinding of bearish wagers on the currency.Read More

Specialty chemicals manufacturer Prasol Chemicals has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through an initial public offering (IPO).Read More

The Indian Rupee saw a significant recovery, gaining 75 paise against the US Dollar. This surge was driven by likely Reserve Bank of India intervention and a strong performance in domestic stock markets. Optimism surrounding India-US trade talks also boosted investor sentiment. A weaker US Dollar and falling crude oil prices further supported the Rupee’s...Read More

Rohit Srivastava of Strike Money Analytics says Indian markets are set for a breakout as Nifty eyes 26,300. He expects earnings growth to pick up on policy support and liquidity infusion, urging investors to avoid defensives like IT and FMCG and focus instead on financials, autos, metals, power, and real estate.Read More

LG Electronics India debuted at a 50% premium after a record-breaking Rs 11,607 crore IPO, sparking FOMO among investors. Despite near-term caution due to stretched valuations, brokerages like Emkay and Motilal Oswal remain positive on long-term growth prospects.Read More

IRFC Q2 Results: Indian Railway Finance Corporation (IRFC) reported a 10% year-on-year growth in its September quarter net profit, reaching Rs 1,777 crore. However, total revenue from operations declined by 8% to Rs 6,372 crore compared to the previous year. The company also announced an interim dividend of Rs 1.05 per share.Read More