Yes Bank has reported a remarkable thirty-four percent surge in net profit for the first quarter, driven by robust loan growth and enhancing net interest margins. The bank’s loan portfolio expanded by eighteen percent, especially within corporate advances, while commercial banking loans rose by seventeen percent. The management is optimistic that this trend of positive...Read More

Kotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attributed to a significant decline in provisions that bolstered the bank’s financial results. Additionally, net interest income rose by nine percent, while operating profit saw a ten percent increase.Read More

For the June quarter, the Mumbai-headquartered private sector bank’s standalone net profit stood at ₹7,114 crore compared with ₹5,806 crore a year ago. Its pre-provision operating profit increased to ₹11,659 crore.Read More

Axis Bank on Saturday reported a 23% year-on-year increase in standalone quarterly net profit, aided by lower provisions, even as its pre-provision operating profit grew just 1.3%.Read More

These stocks were identified using specific filters: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum average trading volume of 5 lakh shares.Read More

The Q1 FY27 earnings season gathers momentum this week, with 256 companies scheduled to announce their April-June quarter results. Key names include Infosys, Eternal, Bajaj Auto, UltraTech Cement, Nestlé India, Adani Power, Paytm and TVS Motor. Investors will closely track corporate earnings and management commentary for cues on business performance, demand trends and the broader...Read More

South Korea has announced plans to enhance global acceptance of its currency by allowing foreign financial institutions to borrow won. Additionally, these institutions will be permitted to utilize won-denominated bonds as collateral. Furthermore, the dollar-won market trading hours have been expanded to twenty-four hours, seeking to integrate South Korea’s currency into the wider international markets.Read More

Dalal Street ended the week on a strong note, with the Sensex and Nifty gaining over 1% on Friday. Investors will track six key market triggers this week, including the peak of the Q1 earnings season, the escalating Iran-US conflict, surging crude oil prices, the global tech selloff, rupee movement and FII flows. Analysts remain...Read More

Nifty ended a five-week consolidation with strong Friday gains as Q1 earnings from IT majors and select private banks boosted sentiment. SBI Securities’ Sudeep Shah tells ETMarkets that a Bollinger Band squeeze and falling ADX point to a big directional move ahead, with 24,550 the key level to watch as earnings from Reliance, HDFC Bank,...Read More