Latest Stock Market News

IndusInd Bank reported a Q2 FY26 net loss of Rs 437 crore, reversing a Rs 1,331 crore profit a year ago, as NII and fee income fell and asset quality pressures persisted. CASA deposits formed 31% of total deposits. Brokerages remain cautious, with Morgan Stanley at Equal-weight and Elara Capital at Sell, citing muted growth and strategic challenges under new management.

Yes Bank shares: The private lender reported an 18.3% YoY rise in Q2FY26 profit to ₹654.47 crore, with NII up 4.5% to ₹2,300.88 crore. Advances crossed ₹2.5 lakh crore, growing 6.4% YoY on robust disbursements across segments.

RBL Bank shares surged to a 52-week high following its September quarter earnings and a landmark investment agreement with Emirates NBD. The Dubai-based bank will acquire a 60% stake for Rs 26,853 crore, marking the largest FDI in India s financial services sector. This strategic partnership is set to significantly bolster RBL Bank s capital and expand its growth prospects.

PTC Industries and Bharat Dynamics have signed an MoU to form a joint venture for manufacturing propulsion systems, guided bombs, and aero-engines for missiles and UAVs. This collaboration aims to boost the Make in India initiative by reducing foreign dependence and strengthening domestic capabilities in strategic engine technologies.

The Nifty 50 is reaching new heights driven by large companies. However, many smallcap stocks are not participating in this rally. Investors are cautious due to high valuations and tight liquidity in the smallcap segment. Experts suggest patience and selectivity for potential future gains as the market may rotate towards smaller companies.

Indian markets closed higher last week. Axis Securities anticipates the uptrend to continue. The brokerage has identified three stocks with potential for significant returns. Bharti Airtel, Adani Ports, and Privi Speciality Chemicals are recommended for investors. These picks suggest a positive outlook for select counters in the coming weeks.

The Indian Rupee strengthened significantly against the US Dollar today, reaching a one-month high. This appreciation was driven by substantial foreign fund inflows into the domestic stock market. Lower crude oil prices also contributed to the positive sentiment. The stock market saw sharp gains, further bolstering the rupee.

As oil prices slip, a burgeoning global supply takes the spotlight. The escalating trade friction between the U.S. and China brings worries of a looming economic dip. Expectations of softer energy demand resonate throughout the industry. The approaching meeting between U.S. and Russian officials compounds the unpredictability of this situation.

With Sanae Takaichi on the cusp of the prime minister s office, the yen has experienced a decline. Global optimism has seeped into the currency markets, further amplified by easing trade tensions between China and the US. Investors are keenly monitoring the situation for potential easing. The Australian dollar rallied, yet the recent Chinese economic statistics went largely unnoticed by traders.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources: