The dispute stems from the RBI-led reconstruction plan for Yes Bank in March 2020, under which AT1 bonds worth more than ₹8,300 crore were written down.

In freefall! Yes Bank crashes 20% after SC ruling on AT-1 bond write-off

Business Standard

VK Vijayakumar said that the strength in the IT stocks follows the results of HCL Tech and the optimism surrounding that will hold the IT index strong.

Stock market rally today

The total stake sale approved in IDBI Bank to Canada-based Fairfax Holdings is ₹52,878 crore, with Life Insurance Corporation of India (LIC) and the government selling a combined 60.72 per cent stake

Divestment

Nestle India on Thursday reported a 36.3% YoY growth in Q2FY27 net profit at ₹1,026.70 crore, backed by a 20.5% YoY surge in sales to ₹6,782.17 crore.

Nestle India stock tumbled 9% in Thursday's intraday trade post Q2 results.

Jio IPO GMP today: On Thursday morning, Jio Platforms shares traded at ₹1,319 in the grey market, implying a premium of ₹200 per share, or 17.87 per cent over the upper end of the price band.

Jio IPO GMP today

Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a negative open for the Nifty50. Asian markets slumped in early deals

stock market highlights

Analysts said higher sugar prices and input cost inflation could weigh on FMCG stocks in the near term, with the impact varying across companies depending on their product mix and pricing power.

sugar inflation in india

Analysts believe premiumisation, rising disposable incomes, housing demand, and low penetration of appliances have kept the consumer durables segment on FPI radar.

Consumer Durables

Consumption recovery has been gradually strengthening and, while the market has started pricing in an improvement, the outlook remains dependent on the durability of demand

Consumption stocks: Bet now or wait for post-sales data to confirm recovery?

The monsoon shortfall raises concerns over farm incomes, and price increases by manufacturers add to the cost of vehicle ownership

Two-wheeler stocks: Can the onset of festive demand offset weak monsoon?

Stay updated with the latest stock market news and live updates. Get real-time insights on Sensex Today, Nifty Live, stock market today, IPO news and more on Business Standard.

Share Market Today | Latest Stock Market News, Sensex Today and Nifty Live Updates

Stay updated with the latest stock market news and live updates. Get real-time insights on Sensex, Nifty, stock market today, IPO news, mutual funds, and more on Business Standard.

Deep Dive | Consumption Bets

Inflation puts FMCG firms' margins at risk; analysts back Marico, Nestle

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