Market Wrap: Sensex jumps 411 pts, Nifty tops 25,800 as Reliance, HDFC Bank rally post-earnings
Indian stock markets saw gains for the fourth consecutive session on Monday. The Sensex and Nifty both closed higher, driven by strong performances from Reliance Industries and HDFC Bank. These companies saw a boost following their recent financial results. However, profit-taking in ICICI Bank limited the overall market surge. Investors reacted positively to the corporate […]
Diwali Samvat 2082: 11 leading brokerages suggest stocks for 106% upside
As investors step into Samvat 2082, here are the top 11 stocks across sectors, handpicked by 11 leading brokerages. These stocks, featuring high-conviction picks with strong growth potential, solid fundamentals, and favourable sector dynamics, offer promising investment opportunities.
Nifty eyes new highs as Bank Nifty leads market rally
Indian markets are experiencing a cheerful mood. Nifty has broken out of its consolidation phase, indicating potential for new highs. Bank Nifty is already in uncharted territory. Analysts suggest a ‘buy on dip’ strategy. IndusInd Bank and Dr Reddy’s are highlighted as stock recommendations with good risk-reward potential. Investors can look forward to further market […]
HDFC Bank a value play, but growth catch-up could take quarters: Digant Haria
Market expert Digant Haria observes India’s financial sector’s mixed performance. IndusInd Bank is consolidating post-turbulence, while life insurers are entering a market-linked returns phase. Reliance Industries faces limited upside due to scale and stake sales, and HDFC Bank needs more quarters to regain growth momentum.
Polycab India shares rise over 3% as Q2 profit jumps 56% YoY. Should you buy, sell or hold?
Polycab India shares surged after reporting strong Q2 FY26 results, with consolidated net profit up 56% and revenue rising nearly 18% YoY. Analysts remain positive, citing robust growth in wires and cables and FMEG segments, strong exports, and margin expansion. The stock has gained over 40% in six months.
JSW Energy shares decline 5% as Q2 PAT falls 17% YoY. Should you buy, sell or hold?
JSW Energy shares fell over 5% to Rs 514.15 on the BSE after reporting a 17% YoY decline in consolidated PAT to Rs 705 crore for Q2 FY26, compared with Rs 853 crore a year ago. Revenue, however, rose 60% YoY to Rs 5,177 crore, supported by renewable capacity additions and contributions from the Mahanadi […]
IDFC First Bank shares rally 3% as Q2 profit surges 75%. Should you buy, sell or hold?
IDFC First Bank shares surged following a robust 75.5% year-on-year profit increase for the second quarter of FY26. This growth was fueled by strong business expansion and better operating leverage. Loans and customer deposits saw significant year-on-year increases. Asset quality remained stable. The bank’s management expressed confidence in sustaining this positive trend.
PNB shares rise 2% after Q2FY26 profit climbs 14% YoY. Brokerage raises target price to Rs 122
Shares of Punjab National Bank gained 1.7% after the lender posted a 14% year-on-year rise in profit after tax for Q2FY26, supported by improved asset quality and steady business growth. Despite a slight dip in net interest income, operating profit and key financial ratios strengthened, with GNPA and NNPA levels improving and the Provision Coverage […]
Dixon Technologies shares fall 3% after Q2 results. Should you buy, sell or hold?
Dixon Technologies shares fell on Monday despite posting a strong Q2 results, with net profit up 81% YoY to Rs 746 crore. Analysts at Motilal Oswal and JM Financial remain positive on long-term growth, citing strong mobile and EMS performance, but caution near-term margin pressure due to component ramp-up and cost integration.
Federal Bank, DCB and South Indian Bank shares rise up to 16% on strong Q2 results. Check details
Shares of Federal Bank, DCB Bank, and South Indian Bank surged up to 16.5% on Monday after the lenders announced their Q2 FY26 results. Federal Bank’s profit dipped 9.6% YoY but hit record NII and fee income, while DCB Bank posted an 18.3% rise in profit backed by better margins and asset quality. South Indian […]