The company recorded a strong growth in the affordable segment both in value and volume terms and continues to enjoy comfortable liquidity position
Corporate results indicate that consumption may be softer than hoped-for and analysts are predicting downgrades for second-half earnings
A Rs 400-billion bond-purchase announcement by the Reserve Bank of India (RBI) helped ease liquidity concerns
With a weakening rupee and a high current account deficit, export-oriented sectors look attractive, says Nimesh Shah
The company has partnered with gold refiner MMTC-PAMP for Paytm Gold
The major indices are all trading below their respective 200-day moving averages (200-DMA)
PAT up 12% to Rs 5.73 bn in the quarter; bad loans stable
Nifty, Bank Nifty, Bharti Airtel, Tata Steel , Larsen & Toubro
While topline grew by 8% and net profit by 11% in Q2, margin expansion was muted despite benign input costs
The strong momentum is likely to continue, led by biosimilars and steady show of other segments
Stock soars 11% post strong Q2; analysts say improving asset quality and rising share of low-cost deposits enhance earnings potential
Analysts at Edelweiss say the high share pledging is not only the risk for promoters but also to non-banking finance companies (NBFCs) that lend money with shares as collateral
On BSE, 1,815 stocks advanced, while 775 declined and 163 remained unchanged
Broader market, too, participated in the rally with the S&P BSE MidCap and Small-Cap indices gaining 2.80 per cent and 2.06 per cent, respectively.
On Wednesday, InterGlobe Aviation, which runs India's largest budget airline IndiGo, reported its first-ever quarterly loss of Rs 6.52 billion since its listing in November 2015.
SBI, Bank of India, Indian Bank, Union Bank, Oriental Bank of Commerce, Bank of India, Union Bank of India, Punjab National Bank, Bank of Baroda and Syndicate Bank were up in the range of 6% to 12%.
Net interest income rose 12.4 per cent to Rs 64.18 billion in September 2018, compared with Rs 57.09 billion in the year-ago quarter.
Nifty PSU Bank index post sharpest single-day gain in past one year, surging 8 per cent led by Oriental Bank of Commerce and Canara Bank.
The stock moved higher by 13% to Rs 503 on the BSE in intra-day trade on Monday, after hitting four-year low of Rs 437 on Friday.
If the standoff with the government gets any worse, a test of the central bank's dire warning could come soon