Latest Updates Around The World
The Indian market ended higher on Friday, with the Sensex and Nifty rising decisively, after a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to new intraday highs, overturning recent caution and setting a bullish tone for the […]
Private sector Federal Bank on Friday reported a 9% rise in third-quarter net profit at Rs 1,041 crore, compared to Rs 955 crore in the year-ago period, supported by rising operating and core revenues.The bank’s net interest margin for the quarter improved sequentially to 3.18%, compared to 3.06% in the previous quarter. Net interest income […]
Private loans made up 55% of customer assets, corporate loans made up 34%, while commercial loans made up the rest Private sector lender Federal Bank on Friday reported a 9 per cent year-on-year increase in net profit for the quarter ended December at ₹1,041 crore, led by steady growth in core income and asset quality. […]
The Federal Bank on Friday reported strong financial performance for the third quarter of FY26, with a net profit of Rs 1,041.21 crore, growing 8.98% year-on-year (year-on-year) and up 9% sequentially (QoQ).The strong increase in operating income was driven by higher core revenues, stable margins and continued operating leverage, as the lender maintained its momentum […]
Shares of Manappuram Finance fell 10% intraday to hit the day’s low of aRs 278.55 on the NSE, following a Reuters report saying India’s banking regulator has raised objections to Bain Capital’s plan to acquire a majority stake in the company.The Reserve Bank of India has expressed reservations, saying the U.S. company has a controlling […]
The quarterly rebalancing of the Nifty Indices, which will take place on December 30, is expected to lead to notable portfolio adjustments in several frontline indices including the Nifty 50 and Nifty Bank.This exercise, which involves aligning index constituents with updated free-float weights and revised methodologies, is likely to result in measurable inflows and outflows […]
The domestic market witnessed sharp volatility on the monthly expiration day, driven by a weakening rupee and continued FII outflows. Caution prevailed as investors waited for clarity on a possible rate cut at the upcoming FOMC meeting and progress on the India-US trade deal, despite some improving signs.This is how analysts read the market pulse:Analysts […]
The stock markets closed on a decline as Nifty indices failed to survive above the key threshold of 26,000. Investor sentiment remained cautious, anticipating the risk of major events such as delays in the finalization of the US-India interim trade deal.The Sensex ended the session down 331 points or 0.39% at 84,900.71, and the Nifty […]
Shares of Federal Bank rose as much as 3.4% to a record high of Rs 235.20 on the BSE on Monday, extending Friday’s rally after Blackstone announced a $705 million investment for a 9.9% stake in the private lender. The move positions the US private equity giant as Federal Bank’s largest shareholder and underlines the […]
Top investor Rekha Jhunjhunwala, custodian of one of India’s most influential investment portfolios, has increased her stake in Titan Company by buying another 15 lakh shares, or about 0.2%, in the second quarter of FY26, according to the latest BSE filings. With this acquisition, its total stake in the Tata Group company now stands at […]
