Latest Updates Around The World
India’s benchmark indices rose on Monday after the US Supreme Court struck down President Donald Trump’s sweeping global tariffs on Friday. The 30-share Sensex rose over 670 points to hit an intraday high of 83,486 before paring gains at 83,294.66, up 480 points or 0.6%. The Nifty also advanced 142 points to close at 25,713.Meanwhile, […]
Shares of IDFC First Bank ended Monday’s session 16% lower after the private lender discovered fraudulent activities by its employees at one of its branches in Chandigarh. This was the worst one-day drop for banking stocks since March 2020.Shares of IDFC First Bank closed at Rs 70.09 apiece on Monday. Earlier in the day, the […]
India’s benchmark indices recovered on Monday, breaking their recent losing streak amid strong gains in financial and energy stocks, with additional support from pharmaceutical and healthcare stocks. The Nifty ended its two-day decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered from a three-session decline to settle at […]
Kotak Mahindra Bank on Monday announced the resignation of its Chief Technology Officer (CTO) Bhavnish Lathia, citing personal reasons. The bank said Lathia’s resignation had been accepted and he completed his last day of work on February 9. In his resignation letter, Lathia said, “I have to return to the US due to personal reasons. […]
India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Indian stock markets continue to struggle for direction as foreign investor outflows dominate sentiment, even as underlying business performance does not appear as weak as market movements suggest. According to market expert Sandip Sabharwal, the current phase is driven more by momentum-based global asset reallocation than by deteriorating fundamentals.“Most of the active funds of foreign […]
Adani Group companies, including Adani Power, Adani Enterprises, Adani Ports and Adani Green Energy, issued a statement through an exchange filing on Saturday in response to recent media reports claiming that the US Securities and Exchange Commission (US SEC) is seeking court approval to serve legal summons on Adani Group Chairman Gautam Adani and his […]
Private lender Kotak Mahindra Bank has reported a 4% year-on-year (YoY) increase in its standalone net profit, reported at Rs 3,446 crore for Q3FY26, compared to Rs 3,305 crore in the same period last year.Further, the bank’s net interest income (NII) also saw a 5% YoY growth to Rs 7,565 crore from Rs 7,196 crore […]
Kotak Mahindra Bank is expected to report stable Q3 2026 numbers, with modest earnings growth and operating metrics, supported by healthy loan growth, stable margins and favorable asset quality trends. The private lender is likely to report a 1%-3% year-on-year increase in net profit in the December quarter, ranging from Rs 3,340 crore to Rs […]
