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Infosys Q2 Results: Infosys announced strong financial results for the second quarter of FY26. Net profit saw a 13% year-on-year increase to Rs 7,364 crore. Revenue from operations grew by 9% to Rs 44,490 crore. The company also declared an interim dividend of Rs 23 per share. Infosys revised its FY26 revenue guidance upwards.

Indian Overseas Bank posted a 58% YoY rise in Q2 net profit to Rs 1,226 crore, driven by lower provisions and improved margins. Asset quality strengthened, with gross NPA falling to 1.83% and net NPA to 0.28%.

Waaree Energies reported a robust 133% surge in consolidated Q2 net profit, reaching Rs 842 crore compared to Rs 362 crore in the previous year. The company s revenue also saw a significant 70% jump to Rs 6,066 crore. This strong performance was driven by substantial growth in both net profit and revenue on a sequential basis as well.

India s markets regulator aims to boost institutional participation in the country s agriculture and non-agriculture commodity markets to make them more attractive for hedging, Chairman Tuhin Kanta Pandey said on Thursday.

Nifty and Sensex ended sharply higher on Thursday, led by banking and auto stocks as Nifty crossed 25,500. Analysts see potential for further rally, recommending Jindal Stainless, Sona BLW, and Navin Fluorine for short-term gains.

Eternal, Ola Electric, BLS International, Nestle, TAC InfoSec, and Tata Investment were top movers on Thursday amid earnings updates, new contracts, and product launches, driving significant volatility on D-Street.

US stocks rise as TSMC results renew AI optimism

Updated at : 2025-10-16 21:15:01

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Wall Street s main indexes opened higher on Thursday, driven by an upbeat quarterly update from TSMC that added to investor optimism around AI and extended a rally in chip stocks.

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