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Nifty and Sensex surged to 52-week highs on Friday, led by large-cap stocks, with Max Healthcare and Radico Khaitan showing strong bullish momentum and potential upside of 4–8%.
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Jammu and Kashmir Bank on Saturday said its net profit fell 11 per cent to Rs 494.11 crore in July-September quarter of the current financial year, while earnings for the first half increased slightly to Rs 978.95 crore.
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After maintaining a tight monetary policy stance for nearly two years to contain inflation, the Reserve Bank of India has begun easing rates in 2025 as price pressures moderate and growth momentum stabilizes.
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In a strategic move, Meesho, the dynamic e-commerce player, has filed an updated draft for its upcoming IPO, aiming to secure an impressive Rs 4,250 crore. This funding will be sourced from the issuance of new shares alongside the sale of existing shares from seasoned backers, including the notable Elevation and Peak XV.
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India’s stock market is delivering the ultimate festive gift. With Nifty scaling fresh 52-week highs and the Sensex rocketing over 1,900 points in just three sessions, investors are entering the holiday week riding a wave of renewed confidence.
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Realty firm Signature Global has secured Rs 875 crore through non-convertible debentures. This funding will be used to clear existing debt and fuel business growth. The company aims to strengthen its financial position and expand its operations. Signature Global is a prominent real estate developer in India.
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Punjab National Bank has reported a stellar performance for the September quarter of FY26, reporting a 14 percent increase in standalone net profit, which now stands at Rs 4,904 crore. The bank also highlighted significant year-on-year growth in operating profit and total income. An encouraging trend can be seen in financial ratios, with both gross...
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IndusInd Bank reported a net loss of Rs 437 crore in the second quarter of FY26, a significant reversal from a profit of Rs 1,331 crore in the prior year. Net Interest Income also saw a decline of 17.6% year-on-year, with net interest margins falling to 3.32% from 4.08%.
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ICICI Bank announced a 5.2% year-on-year profit growth to Rs 12,359 crore for Q2FY26, driven by a 7.4% increase in net interest income to Rs 21,529 crore. The bank also reported a 6.5% rise in core operating profit to Rs 17,078 crore, with a net interest margin of 4.30%.
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