Hyundai Motor India reported a 14.3% YoY rise in Q2 FY26 net profit to Rs 1,572.3 crore, driven by strong exports, robust SUV sales, and cost optimisation. Revenue grew 1.2% to Rs 17,460.8 crore, while EBITDA margins improved to 13.9%.Read More
Bank of America acquired a Rs 44 crore stake in Reliance Industries through a block deal at Rs 1,475.5 per share, slightly below market price. Meanwhile, RIL reported a 10% YoY profit rise to Rs 18,165 crore and announced free Google AI Pro access for Jio users.Read More
Motilal Oswal Financial Services reported a 68% YoY decline in consolidated profit to ₹362 crore, while revenue fell 35% to ₹1,849 crore. However, asset management and private wealth units posted strong double-digit growth, lifting AUM to ₹1.77 lakh crore.Read More
United Breweries reported a 3% year-on-year decline in Q2 sales volume and value, hit by an “unusual monsoon” that flooded three breweries and hurt demand in key states like Karnataka, Odisha, and Telangana. Premium brands, however, grew 17%.Read More
Despite the Sensex slipping 593 points to 84,404 on Thursday, 11 stocks from the BSE 100 Index, including SBI, L&T, and Hindalco, hit fresh 52-week highs, signaling strong bullish momentum across select sectors and renewed investor confidence.Read More
Sebi has extended the deadline for implementing new eligibility norms for derivatives on non-benchmark indices like Bank Nifty to October 30, 2025. This allows for a phased adjustment of constituent weights, with Bank Nifty rebalancing until March 31, 2026. Additionally, Sebi has postponed the timeline for Qualified Stock Brokers to implement optional T+0 settlement systems,...Read More
Wall Street’s main stock indexes opened lower on Thursday after mixed earnings reports from large technology firms and comments from Federal Reserve Chair Jerome Powell sowed doubts about further rate cuts this year.Read More
Meta Platforms Inc. is targeting at least $25 billion in a bond sale, Bloomberg news reported on Thursday citing people familiar with the matter.Read More
Capital markets regulator Sebi on Thursday decided to extend the timeline for Qualified Stock Brokers (QSBs) for putting in place the necessary systems for implementation of optional T+0 settlement cycle.Read More
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