The upcoming week is poised to be eventful for the stock market, influenced by a multitude of factors. Investors will closely monitor Q1 corporate earnings from major companies, US market trends, and various corporate actions like dividends and bonus issues.
The Trump administration has announced new flight restrictions from Mexico, potentially ending the Delta-Aeromexico partnership in response to Mexico’s limits on flights into Mexico City. Transport Secretary Sean Duffy cited unfair advantages for Mexican carriers due to the redirection of flights to Felipe Angeles International Airport.
HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced a bonus issue and dividend, with net profit rising 12.2%. ICICI Bank’s net profit grew by 15.4%, driven by income growth, while both lenders expressed caution regarding margin pressures and…
HDFC Bank announced its first-ever 1:1 bonus issue and a special interim dividend of Rs 5 per share alongside its Q1FY26 results. The bank reported a 12% year-on-year increase in standalone net profit, reaching Rs 18,155 crore. The record date for the bonus issue is August 27, 2025, and for the dividend, it’s July 25,…
The European Union has implemented its 18th package of sanctions against Russia, targeting oil revenues and financial networks due to the Ukraine war. Key measures include a lower price cap on Russian oil, restrictions on the ‘shadow fleet’ of tankers, and a ban on transactions related to Nord Stream gas pipelines.
The Indian government has officially approved hallmarking standards for 9 karat gold to stimulate consumer interest amidst soaring gold prices. This decision, driven by a significant drop in gold sales, aims to make gold jewellery more accessible, especially in rural areas and among younger consumers.
Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a consolidated net loss of Rs 272 crore for Q1 FY26, a reversal from last year’s Rs 66 crore profit. The loss is attributed to declining revenue and lower refining margins, with revenue dropping to Rs 20,988 crore. Refinery throughput also decreased, though MRPL achieved a record for…
Union Bank of India reported a 12% increase in net profit, reaching Rs 4,116 crore for Q1 FY26, driven by higher interest income. While net interest income saw a slight dip, asset quality improved significantly, with gross and net NPAs declining. The bank’s provision coverage ratio also rose, contributing to a stronger financial performance overall.
ICICI Bank announced a robust 15.9% YoY increase in consolidated net profit, reaching Rs 13,558 crore for the June 2025 quarter. Core net interest income also saw a rise of 10.6%, climbing to Rs 21,635 crore. The bank’s asset quality improved, with the gross non-performing assets ratio falling to 1.67%.
India’s stock market position declines to fourth in Asia Pacific investment destinations. Japan, Taiwan, and South Korea are now preferred. Only 10% of fund managers heavily invest in India. Semiconductor sector revival benefits other markets. India’s IT services sector faces headwinds. Market awaits triggers for a breakout. Foreign investors show caution despite recent buying. Consumption…
