Vedanta Group’s Hindustan Zinc Ltd (HZL) posted a consolidated profit after tax of Rs 2,649 crore in Q2 FY26, up 19% sequentially, driven largely by silver, which contributed nearly Rs 1,060 crore or 40% of total profits. Silver revenue rose 10% QoQ to Rs 1,706 crore, highlighting HZL’s strategic edge in precious metals alongside its...Read More

Hindustan Zinc (HZL) reported a 14% YoY rise in Q2 net profit to Rs 2,649 crore, with revenue up 3.5% at Rs 8,282 crore. Zinc and lead sales drove growth, while silver and wind energy segments also contributed, boosting margins and overall profitability.Read More

Shares of Yes Bank dropped nearly 5% to Rs 22.05 after SMBC clarified it has no immediate plans to raise its stake beyond 24.99%. SMBC’s India head Rajeev Kannan said the bank will focus on contributing to Yes Bank’s board as its largest shareholder and will not take on an executive role, citing ongoing areas...Read More

Ace investor Vijay Kedia urged investors to look beyond bullion gains, calling gold and silver “lifeless money” without creativity. Amid record rallies, he stressed equity investing as a path to value creation, while reshuffling his Rs 1,292 crore portfolio with selective additions and trims.Read More

BSE member Ramesh Damani says India’s shift to state-directed capex — from defence and rare earths to shipbuilding and urban redevelopment — will form the next decade’s profit pools. He urges active stock picking, long-term equity bets for grandchildren, and selective exposure to pharma and strategic PSUs as Samvat 2082 investment themes.Read More

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Indian markets ended at 52-week highs on Friday led by FMCG, auto, and banking stocks. Adani Power, Ola Electric, and Whirlpool surged on positive developments, while Yes Bank, Wipro, and Infosys declined after mixed news and earnings updates.Read More

IndusInd Bank is likely to post up to 82% YoY fall in Q2 FY26 profit as higher provisions, weak treasury income, and margin pressure weigh on performance. Brokerages see muted loan and deposit growth amid asset-quality concerns.Read More

The Indian Rupee weakened by 7 paise to close at 88.03 against the US Dollar on Friday. Trade tensions and global uncertainties impacted the currency. However, foreign fund inflows and lower crude oil prices provided some support. The domestic equity market saw significant gains.Read More

HSBC on Friday raised its 2025 average gold price forecast by $100 to $3,455 per ounce, citing geopolitical tensions, economic uncertainty, and a weakening U.S. dollar, and projected prices could reach $5,000 in 2026.Read More