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Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October

Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…

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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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Indian smartphone shipments grow 5.6% in Q3 2024, Vivo leads the market

Indian smartphone shipments recorded a growth of 5.6% in Q3 2024, marking the fifth consecutive qua…

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Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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Axis Bank Q2 net profit rises 10 pc to Rs 5,863 crore

Private sector lender Axis Bank on Wednesday reported a 10 per cent rise in net profit at Rs 5,863 …

PTI   


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Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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Axis Bank Q3 net profit rises to ₹6,071 crore

rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …

PTI   


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Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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4 trends to watch this bank earnings season

JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …

Kaja Whitehouse   


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ICICI Bank net profit jumps 25.7 pc to ₹11,053 cr in Q3

The bank's core net interest income was up 13.4 per cent to Rs 18,678 crore, on the back of net…

PTI   


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Sensex, Nifty climb in early trade on buying in IT, bank stocks

Equity benchmark indices rallied in early trade on Tuesday amid buying in IT and bank stocks along …

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Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2

Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…

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SBI posts 9.13% rise in consolidated net profit to Rs 16,099 crore in Q2

On a standalone basis, it posted a net profit of Rs 14,330.02 crore as against Rs 13,264.52 cro…

PTI