JSW Steel reported a 113 per cent y-o-y jump in consolidated profit for the first quarter to ₹4,651 crore. The steel giant's revenue increased 9.8 per cent on an annual basis.
Share price of Gabriel India hit an all-time high of ₹1,453.60, surging 9% on the BSE in Monday's intra-day trade in an otherwise weak market.
Post Q1 results, JM Financial has upgraded YES Bank to 'Reduce' from 'Sell', citing a gradual improvement in underlying fundamentals.
Tatva Chintan Pharma: The stock price of the specialty chemicals hit a 52-week high of ₹1,714.10, and rallied 43% thus far in July.
PNB Bank reported a jump in standalone profit for the first quarter to ₹5,253 crore on a year-on-year basis. The PSU lender's operating profit rose to ₹7,519 crore for June quarter.
HDFC Bank reported a 5 per cent increase in standalone profit for the first quarter to ₹19,060 crore on a year-on-year basis. Total deposits increased 14.7 per cent Y-o-Y to ₹31.71 trillion
HDFC Bank and Axis Bank were down 5 per cent each, while Yes Bank and Kotak Mahindra Bank from the Nifty Bank index were down 4 per cent each in intra-day deals on Monday.
Post results, brokerage firm Motilal Oswal Financial Services has reiterated its 'Neutral' stance on Axis Bank with a target price of ₹1,500.
The 30-share BSE Sensex jumped 803 points or 1.04 per cent to make an intraday high of 77,989.44. The 50-share NSE Nifty made a high of 24,288.90, up 216 points or 0.90 per cent.
Gifty Nifty indicated a flat start as Brent crude remained elevated at around $85.34 per barrel. In the global market Dow Jones and the S&P 500 ended 0.20 per cent and 0.51 per cent lower.
Share price of ICICI Bank hit a 11-month high, gaining 2.2% at ₹1,450 on the BSE in Friday's intra-day deals ahead of its Q1FY27 earnings on Saturday.
At 01:59 PM on Friday, the Nifty Midcap 100 and Nifty Smallcap 100 indices were down 0.6 per cent each, as against 0.7 per cent rise in the Nifty 50 index.
Central Bank of India reported a 13.3% YoY growth in net profit, backed by 3.1% increase in total income. However, the bank's NPA jumped by 31.1%.
According to NSE data, several institutional investors bought shares of Laser Power & Infra through open-market transactions after its listing on Thursday.
However, despite recovery from lows, the Nifty IT index underperformed the market by falling 22 per cent, as against a 7.2 per cent decline in the Nifty 50 thus far in CY2026.
Polycab India traded with a loss of 4% on Friday despite reported upbeat Q1 earnings. Analysts at JM Financial maintain a 'Buy', while Equirus assign an 'Add' rating on the stock.
Thus far in the calendar year 2026, RIL underperformed the market by falling 16 per cent, as compared to 8.7 per cent decline in the BSE Sensex.
Analysts at ICICI Securities have a 'Buy' rating on BHEL stock with a fair value of ₹575 as they expect revenue and PAT to grow at a CAGR of 30.5 per cent and 90 per cent over FY26-FY28E.
Brokerages expect Reliance Industries to deliver healthy performance in the June quarter of FY2027, with strength across O2C, Retail and Jio.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.41 per cent and 0.1 per cent down, respectively