Latest Stock Market News

IDFC First Bank CEO V Vaidyanathan says the microfinance stress is behind and expects margins to improve beyond 5.8% in FY26 as deposit costs ease. With deposits at ₹2.7 lakh crore, strong CASA, and stable asset quality, he sees a steady rise in ROA and growth momentum in coming quarters.

Infosys, Wipro, and LTIMindtree posted steady Q2FY26 growth, signaling early demand stabilisation, according to Goldman Sachs. However, the brokerage cautioned that AI-driven productivity gains and weak discretionary spending may cap valuations, even as operational efficiency and cost discipline supported margins across India’s top IT firms.

The Sensex rose 411 points as PSU bank stocks surged, with five major banks hitting 52-week highs. Indian Bank, Bank of Baroda, Bank of India, SBI, and PNB saw monthly gains of 5–16%, reflecting strong investor interest and bullish market sentiment in the banking sector.

WeWork India addressed multiple governance concerns raised by InGovern, clarifying issues on IPO structure, profitability route, promoter litigation, lease accounting, related-party transactions, and brand licensing. The company affirmed compliance with SEBI norms and maintained strong operational performance and transparency.

Developers expect record festive-season demand in both premium metro and Tier-2 housing markets, driven by cultural beliefs, attractive financing, and improved market sentiment. Buyers are motivated by auspicious timings, rising urbanization, and lifestyle amenities, making Diwali a key period for property investments in India.

HDFC AMC’s MD and CEO Navneet Munot says Indian markets remain resilient, driven by disciplined SIP investors and robust domestic flows. In Samvat 2082, he expects an earnings-led recovery, stable macro fundamentals, and growing financial inclusion. Active management, balanced portfolios, and long-term patience will define India’s next phase of wealth creation.

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 updates.

Brokerages highlight nine technical stock picks for Diwali Samvat 2082, projecting up to 28% upside across banking, infrastructure, metals, and IT counters.

CEAT Ltd shares surged to a 52-week high after reporting strong Q2 results, with net profit up 54% and revenue rising 12% YoY. EBITDA margins improved, aided by GST reductions and robust domestic demand. Growth was driven by replacement and OEM segments, with strong performance across PV, two-wheeler, and farm tyres.

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 gains.