On the daily chart, the Nifty has bounced back from close to the 50-day SMA after four sessions of losses. Chartists said that the 14-day RSI at 50.33 is falling and remains below its 9-day EMA, indicating that the momentum is weakening.
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding
HDFC Bank Q2 Results: India’s largest private lender HDFC Bank on Saturday reported a net profit of Rs 19,509 crore for the second quarter of
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