Nilesh Jain of Centrum Broking expectss the banking index to potentially surpass the 60,000 mark in the upcoming Samvat year.
In the long run, we believe that RIL should benefit from a tilt in Indian households’ spending mix towards premiumization and higher adoption of digitization
Despite stake sale, Delhivery shares rallied 4.15 percent to Rs 465.35 with above-average volumes.
Reliance Q2 Earnings: Consolidated EBITDA registered 14.6 percent year-on-year growth, reflecting agile business operations, a domestic-focused portfolio and structural growth in the Indian economy, while Jio subscriber base crossed the milestone of 500 million with a total subscriber base of 506 million.
The Global Metals & Mining Index has crossed its 2008 highs — a key resistance level breached for the first time since 2022 — suggesting further upside in the sector.
For the year so far, FIIs have been net sellers of shares worth Rs 2.40 lakh crore, while DIIs have net bought shares worth Rs 6.02 lakh crore.
Reliance Jio Q2 results: Revenue from operations rises 15% to Rs 36,332 crore
Reliance Industries said broad-based growth in consumer businesses, together with improved refining margins and continued thrust on domestic fuel retailing operations, helped deliver a robust consolidated performance during the fiscal second quarter.
Data from PMS Bazaar indicates that Aequitas India Opportunities PMS led the one-month performance tables with a 9.3% gain, followed by Moat UpperCrust Wealth PMS, which rose 6.8% in the same period.
The investments come through a secondary share purchase ahead of Lenskart’s SEBI-approved IPO, which includes a Rs 2,150-crore fresh issue and an offer for sale by existing shareholders.
Companies that harness AI to improve efficiency and boost earnings could be a big wealth-creation theme in India, he said
Sify Infinit Spaces IPO | The Sifty Technologies-promoted company proposed to issue fresh shares worth Rs 2,500 crore, while investors Kotak Data Center Fund, and Kotak Special Situations Fund will be offloading shares worth Rs 1,200 crore via offer-for-sale.
Weekly derivative data suggested that the Nifty 50 is expected to remain in the 25,500–26,000 range in the upcoming sessions.
Samir Arora of Helios Capital said that the recent phase of relative under-performance has largely run its course and that multiple supportive triggers could restore momentum.
Gross NPA stood at 3.01 per cent as of Q2 FY26, compared to 4.59 per cent in the year-ago period, registering an improvement of 158 basis points.
Tata Technologies Q2 Results: 'While we may see some short-term, tactical challenges in Q3, we remain confident in a solid rebound in Q4,' said the firm's CEO Warren Harris.
In Europe, the benchmark STOXX 600 slipped 1.5 percent. France’s CAC 40 fell 1 percent and Germany’s DAX declined 2.1 percent.
Nifty Bank touched fresh record high of 57,830.20, intraday, rising nearly 10,000 points from its March 11, 2025 low of 47,853.95.
Dalal Street's benchmark indices Nifty 50 and Sensex closed the week with gains of roughly two percent each, while extending their winning streak to the third session.
JSW Steel Q2 Results: Sequentially, the net profit however declined around 26 percent from the Rs 2,184 crore net profit reported in Q1 FY26.
Provisions were Rs 235 crore in Q2FY26, a 57 per cent growth over Rs 150 crore provisioned for in Q2FY25.
Catch Lovisha Darad in conversation with Milan Vaishnav, ChartWizard FZE and Gemstone Equity Research and Kruttika Prabhudesai, Mirae Asset ShareKhan
Hindustan Zinc Q2 Results: Its net profit margin improved to 31% in Q2 FY26, from 29% in the same period last year.
Market participants attribute largecaps outperformance over midcaps and smallcaps to signs of foreign institutional investors (FIIs) turning buyers in the secondary market after months of sustained selling.
Motilal said that Samvat 2082 is beginning on a positive note, thanks to a combination of fiscal and monetary tailwinds.