Shares of HDFC Bank Ltd. and ICICI Bank Ltd. moved in opposing directors after India’s two largest lenders declared their quarterly results. HDFC Bank clocked a net profit growth of 11% YoY in July-September 2025, while ICICI Bank could muster about half of that. (Reuters) HDFC Bank’s share price rose as much as 1.75% over […]
Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking history. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) On Monday, RBL Bank share price rose as much […]
India’s stock market is set to open higher today on bank earnings and positive global cues on easing US-China trade tensions. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) Gift Nifty futures were trading at 25,979.00 points as of 8:49 am, indicating that the benchmark Nifty 50 will open above Friday’s one-year […]
Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in India’s financial services sector. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) The middle-eastern bank will invest ₹26,853 […]
India’s stock market opened higher today, driven by gains in private banks after Axis Bank Ltd. reported its quarterly results on Wednesday. A man enters a branch of Axis Bank in New Delhi, India. (Reuters) At 10:03 am, the 30-share S&P BSE Sensex rose 0.52% to 83,031.83 points even as the wider NSE Nifty 50 […]
Adani Properties is seeking court approval to acquire 87 properties including hotels and malls from Sahara Group, in a move that could bolster the Gautam Adani-led conglomerate’s real estate holdings. Adani Group Chairman Gautam Adani. (Bloomberg) Sahara Group, founded by the late Subrata Roy, is seeking to sell its hotels, shopping centres, and residential and […]
Here are the latest updates on how India’s stock market as well as equity benchmarks Sensex and Nifty are moving today. Source link
Nifty Bank emerged as the biggest loser among indices, dragging Nifty 50 down by as much as 0.25%. Elsewhere, the WeWork India IPO is now open for subscription. Source link