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Latest Stock Market News

Axis Bank s March quarter net profit remained flat at Rs 7,117.5 crore, slightly exceeding estimates. Net interest income rose 5.5% to Rs 13,810.5 crore, with NIM improving to 3.97%. The bank s balance sheet grew 9% YoY, driven by deposit and advance growth, while asset quality improved with GNPA at 1.28%.

Indian stock markets ended a 7-day rally amid global cues. Stocks like JK Cement, AstraZeneca Pharma, and GlaxoSmithKline Pharma showed strong momentum, with analysts suggesting bullish targets and key support levels.

Despite Sensex slipping 315 points, seven BSE smallcap stocks hit 52-week highs on Thursday, driven by strong monthly gains and investor optimism around price momentum and sector-specific growth.

To facilitate ease of doing business for Small and Medium REITs (SM REITs), markets regulator Sebi has standardised disclosures in draft scheme offer document and simplified public issue processes for such schemes.

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India Inc s revenue growth will remain flat at about 5-6 per cent in the March quarter, but profitability will widen, a domestic rating agency said on Thursday.

Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President Donald Trump s tariffs made it more important for the central bank to diversify its reserves.

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