In the Nifty Smallcap 100 basket, Ola Electric Mobility was the top loser, falling more than 4 per cent to ₹35.68. NBCC was down over 3 per cent
Indus Towers has consistently traded above all its significant EMAs, reflecting a positive market sentiment, and Policybazaar has also demonstrated a consistent performance
PB Fintech shares rose after the company reported a strong September quarter (Q2FY26) performance, driven by robust growth in its insurance segment.
PB Fintech Q2 results preview: Management commentary on the impact of the change in goods and services tax (GST) rate to nil on individual life and health insurance on take rate will be keenly watched
Ambit analysts see HDFC Bank benefiting from accelerating credit growth, normalisation in cost of funds, and focus on high-yield segments like MSME, gold, and unsecured retail loans.
With GST on individual life and health policies (and reinsurance) reduced to zero, the focus has shifted to input tax credit (ITC)
This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place
The decline in PB Fintech's share price followed the news that the Insurance Regulatory and Development Authority of India (IRDAI) has levied a penalty of ₹5 crore on the company
PB Fintech's co-founders Yashish Dahiya and Alok Bansal divested a little over 1 per cent stake in the company for Rs 920 crore through open market transactions. PB Fintech's chief executive Dahiya and Vice Chairman Bansal sold a total of 50.50 lakh shares or 1.09 per cent stake in the company. PB Fintech is the parent of insurtech platform Policybazaar and fintech platform Paisabazar. According to the block deal data on the NSE, Ashish Dahiya offloaded a total of 34 lakh shares in two tranches, amounting to a 0.74 per cent stake in PB Fintech. In addition, Alok Bansal sold 16.50 lakh shares or 0.36 per cent holding in Gurugram-based PB Fintech, as per the data. The combined transaction was valued at around Rs 919.86 crore, executed at an average price of Rs 1,821.50 apiece. After the stake sale, Dahiya's holding in PB Fintech declined to 3.57 per cent from 4.31 per cent, and Bansal's stake fell to 1.04 per cent from 1.40 per cent. Meanwhile, the shares were picked up by a domes