Nuvama Alternative & Quantitative Research anticipates significant shifts in AMFI’s upcoming stock reclassification in January 2026. Several companies, including HDFC AMC and Bosch, are expected to ascend to large-cap status, while others like Info Edge and Lupin may transition to mid-cap. These reclassifications prompt fund managers to realign their portfolios, reflecting the dynamic nature of market capitalization.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
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