CORPORATE PROFITS
Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance
Indian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance amid Q2 earnings and corporate developments. Nifty faces immediate resistance at 25,150–25,200.
Zara owner Inditex commits $50 million to fund low-cost loans for suppliers going green
Zara owner Inditex has committed $50 million to an IFC-led fund that aims to raise $400 million to provide low-cost loans to suppliers investing in energy efficiency and cleaner energy. The initiative seeks to help smaller businesses, particularly in developing countries, transition to net-zero operations as the fashion industry faces pressure to reduce emissions.
Up to 12,000% growth! 181 companies more than doubled profits in Q2 earnings boom for India Inc
India Inc witnessed a strong earnings recovery in Q2 FY27, with 181 companies more than doubling their net profits year-on-year, according to Ace Equity data. Gains spanned banking, metals, energy, pharmaceuticals and consumer sectors. From Indian Oil and JSW Steel to Paytm and Lenskart, here are the biggest profit gainers and what drove their growth.
Global brokerages turn bullish on Indian equities as market rebounds
Global brokerages HSBC, Citigroup, and Jefferies have upgraded their outlook on Indian equities. They cite improving earnings prospects and attractive valuations as key factors for this optimism. Recent foreign fund inflows and reduced oil prices further support this positive sentiment. Citigroup anticipates significant growth in the Nifty 50 by the end of 2027. Overall, Indian equities are poised for a sharp recovery in the coming years.
Human, all too human: More than whether Jensen Huang can survive the scandal, can Nvidia survive Jensen Huang?
Nvidia's co-founder Jensen Huang has acknowledged an extramarital affair which has raised security concerns. He reportedly engaged with a Chinese businesswoman who may have influenced his lobbying efforts. Nvidia has initiated an independent investigation regarding these allegations and their implications. Although personal scandals might impact reputation, Huang's leadership is currently deemed important for the company's future. Nvidia's board maintains confidence in Huang as they navigate this challenging situation.
India risks losing tax revenue by delaying global minimum tax rollout
India’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countries, according to the article. It cites Apple’s FY2026 tax disclosure to show how Singapore’s 15% minimum tax has helped it collect additional revenue while retaining investment incentives.
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European shares muted as investors assess AI outlook; banking stocks rally
European shares were subdued as investors assessed the fallout from last week's technology selloff and uncertainties surrounding AI investments. Banking stocks gained on merger developments and upbeat earnings, while mining shares advanced on higher precious metal prices.
HSBC, Citi turn bullish as Indian stocks draw record inflows
Global banks are turning more positive on Indian stocks, indicating potential for continued growth and record foreign inflows. Recent data shows that India’s benchmark index surged nearly 8% this month, marking its best performance since mid-2022. As foreign investors shift back to Indian equities, analysts expect significant inflows and improved earnings growth in the coming fiscal years. Falling oil prices are also projected to support corporate profits and economic stability.
How rising bond yields and interest rates are putting pressure on stock market valuations
Higher yields boost safer investments’ appeal, pressuring equity valuations despite earnings recovery. Equities are riskier than sovereign bonds. If a virtually risk-free government bond pays 7.4%, investors won’t settle for the same return from volatile stocks they accepted when bonds yielded 5% or 6%.
Bumper returns is the call! How can investors make money in Samvat 2083 after a year of stagnation?
After a rough year marked by heavy FPI outflows, geopolitical tensions and soaring crude prices, Indian equities staged a sharp pre-Diwali recovery. Easing oil prices, renewed foreign buying and improving corporate earnings have revived hopes for Samvat 2083. However, concerns over midcap and smallcap valuations, global uncertainty and uneven earnings growth could make the recovery challenging.
NSE looks beyond transaction fees to drive growth
NSE reported a sequential decline in revenue and profit in the September quarter from previous results. The drop resulted from a 16% fall in transaction charges and reduced trading activity. NSE plans to enhance market activity through amendments to its Closing Auction Session framework expected in December. Additionally, the exchange is diversifying its offerings into commodity derivatives and digital gold products.
Stocks in news: M&M, BHEL, Adani Enterprises, Wipro, Tata Steel, Siemens and Divi's Labs
Indian equity markets ended marginally lower on Sunday, breaking a seven-session winning streak. The NSE Nifty 50 decreased by 44 points, closing at 24,986. Several companies, including Adani Enterprises and Tata Steel, announced important corporate developments and new investments. Wipro appointed a new CEO for its Americas unit, while various firms reported their quarterly earnings. Overall, investors remain cautious as they monitor these announcements and future market movements.
Will Nifty's winning streak light up Muhurat trading? Check strategy and stock picks for festive gains
Muhurat Trading Stock picks 2026: Indian equities are experiencing a significant rally ahead of the Diwali Muhurat trading session on November 8. Analysts are highlighting opportunities in sectors such as banking, automobiles, pharmaceuticals, and largecap stocks. The recent surge in the Nifty marks a substantial recovery after a challenging financial year. Investors are advised to adopt a long-term investment strategy during the ceremonial trading session.
Karnataka ethanol row: DK Shivakumar alleges excessive blending, promises evidence and documents on Monday
Karnataka Chief Minister DK Shivakumar has backed allegations of excessive ethanol blending in petrol sold in the state, claiming levels exceed the approved E20 limit. He said samples had been collected from 67 locations and an investigation was underway, with a minister set to present evidence and documents on Monday.
IITians get shocked when they learn a paani puri seller has Rs 4.5 lakh per month in profit: ‘He works for six hours…’
A group of IITians was astonished to learn that someone earning more than Rs 1.2 lakh a month lacked a degree from IIT or any other university. He was a modest paani puri vendor, and this income originated from merely one stall.
LIC to step up focus on non-par savings, protection products
Life Insurance Corporation of India is enhancing its focus on non-participating savings and protection products. This strategy aims to continue improving profitability amid weak equity market sentiment impacting ULIP sales. The non-participating savings segment saw a significant margin increase, contributing to overall growth.
Bosch announces 1:5 stock split, 3:1 bonus issue. What this means for investors?
Bosch announced its first-ever 1:5 stock split and 1:3 bonus issue alongside Q2 FY27 results. The company reported a 19% YoY rise in consolidated net profit to Rs 839 crore and a 28% jump in revenue to Rs 7,655 crore during the Sept quarter. Here's how the twin corporate actions will affect shareholders' holdings and share price.
China's rising yuan squeezes exporters, raises concerns over jobs and growth
China's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic growth. Beijing faces a policy dilemma as international pressure to let the currency appreciate clashes with domestic manufacturers' need for a competitive exchange rate.
Berger Paints Q2 profit lags revenue growth on higher costs
Berger Paints India recorded a consolidated net profit of ₹217.1 crore for the September quarter. Revenue from operations increased by 13.2% to ₹3,200.4 crore during the same period. The profit growth was affected by rising raw material costs and increased advertisement spending, leading to squeezed margins. Consolidated earnings before interest, tax, depreciation and amortisation rose to ₹370.7 crore. The company implemented staggered price hikes to address ongoing raw material inflation.
LIC net profit jumps 20% YoY to Rs 12,076 crore on higher premiums
Life Insurance Corporation of India reported a 20% year-on-year increase in net profit for the September quarter. Net premium income rose by 16.2% to ₹1.47 lakh crore during the same period. Despite investment challenges, the company's profit growth remained strong due to higher premium income. The value of new business also increased significantly, reflecting improved margins across product categories.
Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and Astral
Indian equity markets continued their upward trend, highlighted by the Nifty 50 gaining 576 points. Bharti Airtel, LIC, and Titan Company reported strong profit increases for the September quarter. ONGC also posted a substantial rise in consolidated profit compared to last year. In contrast, Glenmark Pharmaceuticals faced a significant decline in net profit this quarter. Overall, corporate developments are influencing investor sentiment as markets react to earnings reports.
ONGC Q2 Results: Consolidated PAT jumps 47% YoY to Rs 18,535 crore; co declares interim dividend Rs 8/share
ONGC reported a 46.9% YoY rise in consolidated Q2 FY27 profit to Rs 18,534.82 crore, while revenue grew 25.6%. The company declared an Rs 8 interim dividend and approved a Rs 10,000 crore loan to ONGC Videsh.
Life Insurance Corp of India reports higher premium income in H1, net profit rises around 22%
Life Insurance Corporation of India reported a 21.52% increase in net profit for the first half of FY27. Total premium income rose by 11.64%, reaching Rs 2,74,269 crore during this period. Individual new business premium income increased by 14.86%, while renewal premium income grew by 4.68%. LIC sold approximately 70.97 lakh individual policies, reflecting a minor decrease from last year.
Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco
Indian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impressive growth, sparking optimism for a breakout beyond 24,000. Companies like Lenskart, Aurobindo Pharma, and BSE are in the spotlight as they report positive earnings. Experts advise keeping an eye on the support levels as the bullish trend persists.
China Services PMI slows to three-month low; what lies ahead for Chinese stocks?
China’s services sector expanded at its slowest pace in three months as rising costs and intense competition squeezed margins. The weaker PMI and declining business confidence may weigh on Chinese equities, although sustained growth in export orders offers some support.
Diwali 2026: Will Sensex, Nifty reclaim their peaks or scale new highs? Analysts map the road ahead
Market analysts are tentatively optimistic about Indian equity markets seeing a resurgence in the next financial year. Expectations suggest that both the Sensex and Nifty may rise to their past peak levels by Diwali 2027, driven by improving corporate profitability. While favorable valuations and steady domestic investments bolster this outlook, global uncertainties like inflation, interest rates, and oil prices could pose challenges.
Minda Corp Q2 Results: Net profit jumps 68% to Rs 143 crore on strong revenue growth
Minda Corporation Ltd has reported a significant 68.2% year-on-year increase in consolidated net profit for Q2. Revenue from operations also increased by 42.6% year-on-year, reaching Rs 2,189 crore. The company's Chairman highlighted continued progress in their growth strategy across key vehicle segments. Electric vehicle-related products contributed around 35% of new order wins during this quarter. Minda plans to enhance its product offerings and invest in R&D and manufacturing capabilities.
Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp
The Indian stock market continues its upward momentum, with the Nifty 50 showing a robust rally and hitting significant resistance levels. Major players like NSE and SBI have posted remarkable quarterly results, illustrating their strong profitability and revenue growth. Firms such as Happiest Minds Technologies and the Multi Commodity Exchange of India contributed positively to the market's performance.
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma
Indian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC faced a decline in consolidated net profit, impacted by the cigarette business, despite revenue growth. Marico saw a significant rise in net profit and expanding EBITDA margins during the quarter. Container Corporation of India reported a subdued performance with a slight decline in net profit compared to last year.
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