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Bank earnings rise 20% in Q2 as lower provisions, healthy income growth support performance: Kotak
Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.
Japanese investors sell foreign bonds for seventh time in eight weeks
Japanese investors sold 537.6 billion yen ($3.36 billion) in foreign long-term bonds for the seventh time in eight weeks, reflecting caution over US inflation and Federal Reserve rate expectations. They also withdrew from overseas equities. Meanwhile, foreign investors continued buying Japanese long-term bonds, marking their sixth consecutive week of net purchases.
Kalyan Jewellers shares jump 15% in 2 days as target prices go up to Rs 900. Should you buy?
Kalyan Jewellers shares have rallied sharply over the two sessions after brokerages raised their target prices following strong Q2 earnings and healthy festive demand. With Jefferies seeing a potential upside to Rs 900, investors are weighing the company's growth prospects against margin pressures, gold-price volatility and the stock's sharp recent gains.
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone Idea
Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life insurance companies and Tata Power reported notable quarterly earnings results. HDFC Life and LIC showed healthy premium growth, while Tata Power recorded a record profit in Q2 FY27. Other companies like Cupid and Mishra Dhatu Nigam also reported impressive profit increases during the quarter.
CoreWeave stock today: Why CRWV shares jumped over 16% before market open after earnings beat and what analysts expect next
CoreWeave stock surged more than 16% in premarket trading after the company reported 168% revenue growth and raised its 2026 forecast. The upbeat results lifted investor sentiment, but its $709 million quarterly loss, heavy interest expenses and mounting financing needs continue to raise questions about the AI infrastructure company's future.
Rentomojo revenue rises 53% to Rs 142 crore in Q2
The company's live subscribers rose 42.5% YoY to 3.24 lakh in Q2, while the number of live itemsincreased 44% to 10.5 lakh. Average occupancy improved to 85.9% from 85.3% a year earlier, indicating better utilisation of its furniture and appliance inventory, per its investor deck.
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Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore. Despite a 12% rise in revenue to Rs 1,249 crore, higher expenses weighed on profitability. The company also announced an interim dividend of Rs 3 per share.
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollars
Blackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals include investments by Carlyle and Advent International in housing finance firms. The demand for credit in India is growing, with NBFCs playing a crucial role in accessing underserved markets. Foreign investments in the financial sector have exceeded $20 billion since 2025, reflecting confidence in stability.
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.
Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?
The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such as IT and pharmaceuticals showed weakness amid inflationary pressures. Automobile sector leaders like Maruti Suzuki and Bajaj Auto reported significant growth in sales and exports. L&T's orders surged, while the cement sector faced challenges with fluctuating prices.
NCLT approves Ashdan Properties' resolution plan for Sunblink Real Estate
The National Company Law Tribunal approved Ashdan Properties' resolution plan for Sunblink Real Estate, which involved significant creditor dues. Sunblink Real Estate's insolvency proceedings were initiated over a default related to financial obligations. The properties in question include sea-facing buildings in Mumbai's Worli area, acquired previously from entities linked to Iqbal Mirchi. The resolution plan allocates Rs 143 crore to the secured financial creditor Piramal Finance over several instalments.
Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. Kotak Mahindra Bank, Bharat Electronics, Indian Hotels, Adani Ports and Eternal feature among their picks, backed by earnings visibility, strong balance sheets and structural growth opportunities. Their target prices suggest further upside potential.
Enough of COP Jamborees
Falling solar and battery costs have made renewable energy commercially competitive with coal in India. As COP31 begins in Turkiye, the focus should shift to accelerating electrification of transport, promoting agrivoltaics, investing in transmission and grid stability, and ensuring reliable payments by discoms to sustain the country's green transition.
NBFCs eye rate hikes, higher fees to offset insurance income hit
Non-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustment aims to offset potential income losses from caps on insurance distribution. Companies such as Bajaj Housing Finance and Home First Finance are considering changing their product mix and increasing fees. The Insurance Regulatory and Development Authority of India has proposed stringent commission cuts on credit-linked insurance products.
Mahindra & Mahindra shares gain 3% after Q2 profit jumps 25% to Rs 4,588 crore, revenue grows 25%
Mahindra & Mahindra shares rose after the company reported a 25% year-on-year jump in consolidated Q2 net profit to Rs 4,588 crore. Revenue also grew 25.4% to Rs 57,515 crore. Total expenses increased 25.9% to Rs 51,845 crore.
FIIs turn buyers in IT, telecom stocks in second half of October ahead of Diwali
Technology stocks in India are seeing increased interest from foreign institutional investors as Diwali approaches. After struggling in the first half of October, the IT and telecom sectors have gained attention. Foreign portfolio investors made significant net purchases of Indian equities in late October. This upward trend follows substantial selling earlier in the month. The shift highlights a renewed focus on technology investments within the Indian market.
Muthoot Microfin Q2 profit jumps 3.6 times to Rs 111 crore
Muthoot Microfin reported a 3.6-fold year-on-year rise in Q2 net profit to Rs 111 crore, supported by secured lending growth and improved asset quality. Total income increased 27% to Rs 733 crore, while gross NPAs declined to 3.38%.
M&M Q2 Results: Profit rises 25% YoY to Rs 4,588 crore, revenue grows 25%
M&M Q2 Results: Revenue from operations grew 25.4% YoY to Rs 57,514.98 crore in Q2FY27, against Rs 45,885.40 crore reported in the year-ago period.
Pills are paying off! Pharma stocks lead 2026 rally with up to 112% return
In 2026, India's pharmaceutical stocks are making headlines with impressive year-to-date gains. This surge is driven by strong domestic demand alongside enhanced profitability from new product launches. Notable players like Laurus Labs and Gland Pharma have recorded remarkable returns, topping 100%. Amid challenges faced by other sectors, the pharmaceutical field demonstrates resilience. Analysts are optimistic but advise exercising caution regarding potential market volatility and the durability of this sector's performance.
Aptus Value Housing Finance Q2 profit rises 18% to Rs 267 cr
Aptus Value Housing Finance India achieved a remarkable net profit of Rs 267 crore in the second quarter, signifying strong financial growth. The total income surged to Rs 634 crore, up from Rs 554 crore the year prior. Additionally, interest income climbed to Rs 551 crore from Rs 472 crore.
Middle class spending boom in India comes with growing debt bill
Consumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh illustrate the financial burdens incurred from loans that have become widespread among the populace. As interest rates increase, many consumers face a heightened risk of default on their debts. Reports show that borrowing against gold and informal loans has also intensified in recent years.
Loan growth, fall in provisions help SBI profits in Q2
State Bank of India reported a 14% year-on-year rise in Q2 FY27 net profit to Rs 23,038 crore, driven by 18% loan growth, higher net interest income, lower deposit costs and reduced loan loss provisions.
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.
NBFCs redesign lending models ahead of revolving credit curbs
Non-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim to limit revolving credit facilities, prompting firms to develop term loans. Bajaj Finance has already begun launching new term loan variants, while Tata Capital is testing modified flexi-loan products. Other NBFCs are reviewing their positions on revolving credit exposure ahead of the final regulations.
SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS Setty
Speaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth despite concerns over rising borrowing costs and competition for deposits.
Fusion Finance swings to Rs 86.5 crore profit as asset quality improves
Fusion Finance reported a net profit of Rs 86.5 crore in Q2, reversing a year-ago loss of Rs 22.1 crore. Gross NPAs improved to 1.6%, AUM grew 14%, and NIM expanded to 12.5%.
ESAF Small Finance Bank posts Rs 160 crore Q2 profit as asset quality improves
ESAF Small Finance Bank reported a net profit of Rs 160 crore in Q2, reversing a Rs 116 crore loss in the year-ago period. Improved margins, lower provisions and stronger asset quality supported the turnaround, while advances and deposits grew 25% and 24%, respectively.
Piramal Pharma cutting China exposure to manage supply-chain resilience, says Nandini Piramal
In a strategic move to enhance risk management, Piramal Pharma has drastically cut its reliance on Chinese raw materials to under 10%. The company is actively diversifying its supply chains to provide greater flexibility against geopolitical challenges while broadening its manufacturing footprint to locations like India, the UK, and the US.
Icra sees bank credit growth slowing to 15-16% in FY27 as rates rise
Credit growth is projected to ease to 15-16% for FY27, impacted by hardening policy rates. Fresh slippages for public sector banks are estimated to increase to ₹1 lakh crore in FY27. Private banks may experience fresh slippages amounting to ₹1.3 lakh crore. While banks' asset quality may deteriorate slightly, net interest margins should improve. The overall banking sector faces challenges amid these credit growth expectations and market conditions.
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