ACC reported a five-fold surge in its second-quarter net profit, driven by a significant tax write-back. The cement manufacturer also saw its highest-ever September quarter revenue and sales volume, anticipating further demand growth due to GST reductions and improved economic sentiment.

Mortgage firm Aptus Value Housing Finance India on Friday reported a 24 per cent rise in net profit to Rs 227 crore for the second quarter ended September, supported by business growth.

The S&P 500 and the Nasdaq opened higher on Friday after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes suffered their sharpest drop in more than three weeks.

Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.

United Spirits’ MD Praveen Someshwar said strong Q2 sales were driven by urban demand and premium brands, but warned of a challenging second half due to regulatory disruptions in Maharashtra and Andhra Pradesh, despite efforts to optimize its value chain.

Motilal Oswal Financial Services reported a 68% YoY decline in consolidated profit to ₹362 crore, while revenue fell 35% to ₹1,849 crore. However, asset management and private wealth units posted strong double-digit growth, lifting AUM to ₹1.77 lakh crore.

Indian government bonds rose by close of trade on Friday as the central bank sold lesser debt than scheduled at a weekly auction, providing some relief in a bearish market.

Euro zone government bond yields were on track for a second straight weekly rise following a hawkish signal from the Federal Reserve and an uneventful European Central Bank meeting.

On Friday, the benchmark Sensex declined by around 465 points, settling at 83,938. Despite the broader market weakness, six PSU banking stocks from the BSE PSU Bank Index scaled fresh 52-week highs, indicating strong momentum in the sector. Indian Bank, Bank of India, and Canara Bank led the rally, posting one-month gains of up to 14%.

BPCL posted a 170% YoY surge in consolidated net profit to Rs 6,191 crore in Q2FY26, driven by higher refining margins and lower expenses. Revenue rose 3% to Rs 1.21 lakh crore, while the PSU announced a Rs 7.5 interim dividend.