The Indian market ended lower on Friday, with benchmark indices Sensex and Nifty retreating from recent highs as investors turned defensive ahead of the Union Budget this weekend. By the end of the session, the benchmarks had pared some losses, with the Sensex down 296.59 points or 0.36% at 82,269.78, while the Nifty fell 98 […]
India’s stock market was lower at the opening bell today, after a bruising selloff in the previous session, tracking global peers convulsed by US President Donald Trump’s tantrums on Greenland. The Bombay Stock Exchange building in Mumbai. (Reuters) The 30-share S&P BSE Sensex fell as much as half a percent while the wider Nifty 50 […]
HDFC Bank Ltd. posted better-than-expected results on healthy loan growth, signaling that India’s biggest private sector lender is beginning to recapture ground it had ceded to rival ICICI Bank Ltd. for most of last year. HDFC Bank expects loans to expand faster than the overall banking system in FY27. (Reuters) Mortgage demand and loan expansion […]
An employee of ICICI Lombard General Insurance Co. inadvertently uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release. ICICI Lombard General Insurance is a unit of India’s second largest private lender ICICI Bank. (Reuters) The designated person, who broadcast the information after market hours on Friday, […]
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 […]
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 […]