Latest Stock Market News

SBI Q3 Results 2025: The profit exceeded Street estimates of Rs 16,219 crore. The interest income in Q3FY25 stood at Rs 1,17,427 crore, up 10% over Rs 1,06,734 crore reported in the corresponding quarter of the last financial year.

The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial monetary policy decision.

Indian markets closed lower as consumer stocks dragged. Castrol India surged 9% post-Q3 results, while Trent fell 8.3%. Pharma stocks gained, BSE declined ahead of earnings, and REC dipped despite profit growth.

Bharti Airtel Q3 Results: Telecom major Bharti Airtel reported multifold growth in its reported net profit at Rs 14,781 crore in the third quarter. However, on an adjusted basis (before the exceptional item), the PAT growth was 121% year-on-year (YoY) at Rs 5,514 crore.

Atul Suri of Marathon Trends - PMS asserts that the long-term bull market remains intact despite corrections, viewing them as part of market cycles.

Rahul Singh, Fund Manager at Tata Asset Management, states the market has become balanced with stock-specific opportunities for generating alpha, despite potential modest returns at the Nifty or index level. The focus has shifted to urban discretionary consumption and selective investment in the power sector and banking space, driven by valuation considerations and potential fiscal policies.

Indian benchmark indices ended in the red on Thursday, paring early gains, driven by losses in heavyweight consumer stocks, as caution prevailed in the market ahead of Reserve Bank of India s monetary policy decision later this week and amid global trade war concerns.

REC Q3 Results: The company reported total revenue from operations of Rs 41,033.01 crore for the quarter ended December 31, 2024, marking a 17.81% YoY increase from Rs 34,827.57 crore. Additionally, its total income, including other income, rose to Rs 41,085.66 crore from Rs 34,864.57 crore in 2023, highlighting the company s continued financial growth and stability.

Lenders with a larger share of fixed-rate assets and floating-rate borrowings are likely to gain the most, as lower borrowing costs would reduce expenses while their income from existing fixed-rate loans remains unaffected. Additionally, unsecured lenders, vehicle financiers, and gold financiers are expected to benefit from the rate cut, as it would make borrowing cheaper for customers.