Axis Bank reported a 23% jump in Q1 FY27 net profit to ₹7,114 crore, driven by 8% growth in net interest income, improved asset quality, robust loan growth, and a strong capital position. Here's a detailed look at the bank's June quarter performance.
Read More
Axis Bank reported a 23% jump in Q1 FY27 net profit to ₹7,114 crore, driven by 8% growth in net interest income, improved asset quality, robust loan growth, and a strong capital position. Here's a detailed look at the bank's June quarter performance.
The SBI Funds Management IPO allotment status is expected to be announced after the issue was subscribed 41.73 times. Here's how to check your allotment online, along with the latest GMP, estimated listing price, refund process, and key IPO details.
Jio Financial Services shares surged after the company delivered strong Q1 FY27 results. Triple-digit profit growth, rising interest income, expanding lending operations, and continued growth in payments, insurance, and asset management boosted investor sentiment.
Bharat Heavy Electricals Ltd (BHEL) reported a strong Q1 FY27 performance, returning to profitability with a net profit of ₹378 crore and a 40.3% year-on-year revenue growth. Improved EBITDA, higher margins, and strong Power segment performance drove the earnings recovery.
Jio Financial Services reported a strong Q1 FY27 performance with consolidated net profit rising 156% year-on-year to ₹830 crore. The company saw robust growth in lending, payments, asset management, and insurance businesses, strengthening its position in India's financial services sector.
Tech Mahindra reported a strong Q1 FY27 performance with higher revenue, improved margins, strong deal wins above $1 billion for the third consecutive quarter, and better attrition levels. Shares gained 1.13% after the results announcement.
The National Stock Exchange (NSE) will launch derivatives on the Nifty India FPI 150 Index from August 12 after receiving SEBI approval. The new futures and options contracts are expected to strengthen risk management, improve market liquidity, and provide foreign investors with a diversified benchmark for Indian equities.
Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.
Sensex and Nifty ended nearly flat after recovering from sharp early losses. A strong rally in TCS, HCL Tech, and the IT sector offset weakness in FMCG, metals, and defence stocks amid geopolitical concerns and higher crude oil prices.
South Korea’s KOSPI index plunged 8.95% as semiconductor giants SK hynix and Samsung Electronics led a sharp market sell-off. The decline was driven by AI valuation concerns, geopolitical tensions, rising oil prices, and investor profit booking after SK hynix’s US ADR debut.
The National Stock Exchange (NSE) will launch derivatives on the Nifty India FPI 150 Index from August 12 after receiving SEBI approval. The new futures and options contracts are expected to strengthen risk management, improve market liquidity, and provide foreign investors with a diversified benchmark for Indian equities.
Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.
Sensex and Nifty ended nearly flat after recovering from sharp early losses. A strong rally in TCS, HCL Tech, and the IT sector offset weakness in FMCG, metals, and defence stocks amid geopolitical concerns and higher crude oil prices.
South Korea’s KOSPI index plunged 8.95% as semiconductor giants SK hynix and Samsung Electronics led a sharp market sell-off. The decline was driven by AI valuation concerns, geopolitical tensions, rising oil prices, and investor profit booking after SK hynix’s US ADR debut.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
