Latest Updates Around The World
With markets showing mixed signals, experts are advising investors to make big moves until the Union Budget is unveiled. While the recent trade deal between India and the EU has improved sentiment, patience remains key. On whether it’s time to go value hunting, mArket expert, Sunil Subramaniam said, “No, not yet. The EU deal has […]
IDBI Bank on Saturday reported a 1.4% rise in December standalone net profit at Rs 1,935 crore, compared to Rs 1,908 crore reported in the year-ago period. However, profit after tax fell 47% on a sequential basis, compared to Rs 3,627 crore in the second quarter of FY26.The lender earned an interest income of Rs […]
Despite rising geopolitical tensions and continued uncertainty around global rates, market participants may be reading too much into the apparent weakness of major indices, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. While the Nifty has fallen below recent record highs and Bank Nifty has retreated above the 60,000 mark, Srivastava believes the […]
Indian stock markets have spent almost eighteen months in a sideways move, and according to Ashi Anand, founder and CEO of IME Capital, this consolidation phase has been shaped by a mix of headwinds: weak growth, high interest rates and geopolitical uncertainty. But the story gradually gets better. Anand notes that growth indicators have strengthened […]
European shares closed higher on Friday, capping a strong weekly gain and ending the month on a robust note, supported by optimism over possible US rate cuts. The pan-European STOXX 600 closed 0.23% higher at 576.34, posting its longest monthly winning streak since March 2024. Stocks in Germany and France added 0.25% and 0.3% respectively. […]
Banks expect stable credit growth and margins and sustainable asset quality, boosting confidence in the sector’s resilience, according to an assessment of the BFSI sector’s performance by the rating agency. | Photo credit: Getty Images According to CareEdge Ratings, the Indian banking sector is poised for stronger performance in the second half (H2) of FY26, […]
IndusInd Bank is expected to report a sharp decline in Q2FY26 profits as brokers foresee pressure on margins, weak state revenues and high provisioning from the microfinance and commercial vehicle segments. Estimates from four brokerages put net profit at between Rs 240 crore and Rs 796 crore, implying a year-on-year decline of up to 82% […]
The Indian banking sector may be close to turning a corner to make a corner, according to Pranav Gundlapalle, senior research analyst at Sanford C Bernstein. After months of slower credit growth and margin pressure, he believes that both growth and profitability can start to improve compared to the second half of the current financial […]
Nifty 50 recovered the 25,000 Mark last week. Technical analysts indicate that market sentiment and the index show signs from gradual movement to 25,500. On the other hand, there are immediate supports between 24,900 and 24,700. Analysts expect that banks, financial data, cars, consumption themes and metals will perform better. Dharmesh Shah Vice President, Head […]
State Bank of India (SBI) launched her Center of Excellence (COE) for MSMEs (Micro, Small and Medium Enterprises) on Thursday at the State Bank Academy (SBA), Gurugram. The center was established with the aim of strengthening the MSME ecosystem through capacity building, research and industrial cooperation, which contributes to the vision of India to become […]
