Latest Updates Around The World
Indian mutual funds are showing concentration in their investment strategy, with 50% of all equity inflows in calendar year 2025 so far having been deployed in just 19 stocks such as Eternal, Swiggy, SBI and Reliance Industries. Of the total Rs 2,67,500 crore that flowed into mutual funds in calendar year 2025, the concentration is […]
The Indian market ended higher on Thursday, in a session that saw the Sensex and Nifty record 52-week highs and move closer to their all-time highs, buoyed by optimism around an earnings rebound and renewed foreign inflows. Investor sentiment was further improved by expectations that strong holiday demand, recent tax cuts and policy support will […]
Indian shares rose for a fourth session on Monday, with the Sensex rising 0.5% and the Nifty closing above 25,800, while heavyweights Reliance Industries and HDFC Bank rose on optimism after the results. Gains were partly offset by profit-taking at ICICI Bank, which limited the broader rally. The S&P BSE Sensex rose 411.18 points, or […]
Mumbai: Private sector lender Axis Bank on Wednesday reported a 26% decline in net profit for the September quarter to ₹5,090 crore due to a one-time impact on standard asset provision. A poll of analysts by Bloomberg had estimated net profit at ₹5,838 crore. The lender had reported a net profit of ₹6,918 crore in […]
The lender’s net interest income (NII) or core income grew 2 percent year-on-year to ₹13,745 crore | Photo credit: Private sector major Axis Bank on Wednesday kicked off the Q2 2026 earnings season for the banking sector, reporting a 26 per cent year-on-year decline in net profit to ₹5,090 crore, due to one-time provisioning for […]
Private lender Axis Bank is likely to post a 19% year-on-year decline in profit after tax (PAT) for the September quarter, according to the average of six broker estimates, as higher funding costs, subdued loan yields and higher operating costs weigh on performance. The lender’s net interest income (NII) – a key measure of core […]
Indian benchmark indices Sensex and Nifty advanced on Friday, lifted by gains in financial heavyweights on renewed inflows from foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat mood, although Tata Consultancy Services (TCS) limited broader gains after posting weaker-than-expected September quarter results. The […]
