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Indian equity markets closed on a strong note on October 17, 2025, with benchmark indices posting impressive gains. The BSE Sensex climbed 470 points to settle near the 85,000 mark, while the NSE Nifty 50 surged to 25,700, crossing a key psychological threshold and signaling renewed bullish momentum. Sectoral Rally: FMCG, Auto, and Banks Lead the Charge The rally was broad-based, with notable strength in: FMCG stocks, driven by festive demand and improving rural sentiment. Read More
Eternal Ltd, the parent company of Zomato, reported its Q2 FY26 earnings today, revealing a sharp decline in profitability despite robust revenue growth. The company posted a net profit of ₹65 crore, down 63% year-on-year from ₹176 crore in Q2 FY25. This steep drop in earnings triggered a 4% decline in the stock price during intraday trade, reflecting investor concerns over margin pressures. Financial Highlights Net Profit: ₹65 crore, down 63% YoY, but up 160% Read More
Indian equity markets witnessed a strong rally on October 16, 2025, with the Sensex climbing 862 points to close above the 85,000 mark and the Nifty settling above 25,550. The uptrend was broad-based, supported by firm global cues, strong corporate earnings, and sustained buying across sectors. Key Index Movements Sensex closed at 85,142, up 862 points or 1.02 percent Nifty 50 ended at 25,563, up 248 points or 0.98 percent Nifty Bank gained 0.75 percent, Read More
Axis Bank released its Q2 FY26 earnings on October 15, 2025, reporting a significant decline in profitability that fell short of market expectations. The private sector lender posted a 26% year-on-year drop in net profit, coming in at ₹5,090 crore, compared to ₹6,918 crore in the same quarter last year. Key Financial Highlights Net Profit: ₹5,090 crore, down 26% YoY Total Income: ₹37,595 crore, up 1% YoY Net Interest Income (NII): ₹13,744 crore, up 2% Read More
On October 15, 2025, Indian equity benchmarks closed sharply higher, supported by strong buying in financials, consumer stocks, and positive global cues. The Sensex jumped 575 points to settle at 82,605, while the Nifty 50 reclaimed the 25,300 mark, ending the session at 25,328, up 183 points. Key Drivers of the Rally Bajaj Finance and Bajaj Finserv led the gains, rising up to 4 percent after posting strong quarterly earnings and improved credit growth outlook. Read More