Latest Updates Around The World
Mumbai: Hindujas-promoted lender IndusInd Bank on Friday reported a sharp 91% decline in third-quarter net profit to ₹128 crore as asset quality deteriorated and provisions rose. But the bank swung to a profit after posting a loss of ₹437 crore in the second quarter, after accelerated microloan disbursements and the lingering impact of prolonged misreporting […]
Bharat Petroleum Corporation Limited (BPCL) reported an 89% increase in consolidated net profit in the December quarter at Rs 7,188 crore, compared to Rs 3,806 crore in the same period last year. The profit after tax (PAT) is attributable to the owners of the company.Revenue from operations stood at Rs 1.36 lakh crore in Q3FY26, […]
A dramatic tripling in silver prices over the past year has propelled Hindustan Zinc Ltd to the top of India’s metals pack in terms of market capitalization. The rally has boosted the company’s valuation to around Rs 3.2 lakh crore, helping it overtake several major competitors, including its parent company, Anil Agarwal-led Vedanta.Shares of Hindustan […]
IndusInd Bank is expected to report a sharply weaker Q3FY26, with brokers noting a 78%-99% year-on-year decline in profit after tax (PAT), against the backdrop of subdued loan growth, margin pressure and higher credit costs. Net profit is in a wide range between Rs 13 crore and 313 crore, as per the estimates of four […]
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 […]
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 […]
Markets traded dull for the second straight session on Wednesday, ending marginally lower, indicating continued consolidation after the recent surge. Analysts maintain a positive bias amid the ongoing consolidation in the index and continue to recommend a buy-on-dips approach as long as the Nifty maintains its prevailing uptrend.“For renewed momentum, stronger participation from the banking […]
Shares of IndusInd Bank fell 1.2% to their intraday low of Rs 837.60 on the BSE on Friday, December 26, following fresh developments related to a probe by the Serious Fraud Investigation Office (SFIO). The bank announced that it has received a formal letter from SFIO requesting information in connection with an ongoing investigation into […]
Shares of HDFC Bank will be in focus on Tuesday, December 16, after the Reserve Bank of India (RBI) approved group entities of the bank to acquire an aggregate stake of up to 9.50% in IndusInd Bank.The RBI, through its letter dated December 15, 2025, the bank announced, approved the proposal submitted by HDFC Bank […]
Markets regulator Sebi has given in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements in the next six months, an official statement said on Friday.As part of the process to secure final registration, RIIT will have […]
