JANA SMALL FINANCE BANK LTD Q3 RESULTS
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBI
Indian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven by key industries like automobiles. Operating profit growth also jumped across major sectors, improving margins. Companies faced elevated input costs, which impacted raw material expenses. However, improved pricing power helped absorb these higher costs effectively.
ETMarkets Smart Talk | Time to rotate from expensive smallcaps to large caps? Saurabh Prasad weighs in
In an interaction with Kshitij Anand of ETMarkets, Saurabh Prasad, Head – Research Centre at Mirae Asset Sharekhan, said large caps are now more reasonably valued relative to growth stocks, while the premium commanded by small caps may be difficult to sustain given their more volatile earnings momentum.
ICICI Prudential AMC shares decline 7% in two days as promoter plans 2% stake sale
ICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareholding requirements. The sale will reduce promoter holding to 85.6%. Shares of ICICI Prudential AMC have gained over 22% in 2026, while Q1 net profit rose 23% year-on-year to Rs 965 crore.
ETMarkets Smart Talk | Two-year market consolidation may set stage for next bull run: UTI AMC’s Ajay Tyagi
Tyagi, however, remains cautious on pockets of the mid- and small-cap universe, where valuations are above long-term averages. He sees large caps as relatively more attractive on valuations, while advocating selective, bottom-up stock-picking in the broader market. Edited Excerpts
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger deposit growth and are gaining market share. This trend raises concerns about funding sustainability for state-owned lenders. Abundant system liquidity currently cushions the impact of these shifts.
Zerodha’s growth stalls; IT’s new deal model
Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
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ETMarkets Smart Talk | Large caps look better for next 24 months, but hidden gems remain in smallcaps: Divam Sharma
Sharma sees a stronger case for large caps over the next 24 months, particularly given the steep valuation premium commanded by small caps.

Federal Bank falls 3% on report of Jana Small Finance Bank stake acquisition
Federal Bank shares fell nearly 3% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could involve buying Jana Holdings’ 16.9% stake followed by an open offer. Jana Holdings is seeking to sell its stake to meet bond repayment obligations by December 2026.

RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISME
FISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt working-capital finance for MSMEs. The industry body said revolving credit helps small businesses manage cash-flow gaps, as they can draw funds when needed, pay interest only on the amount used and restore their credit limit after repayment.

Axis Bank bets on data centres to gold loans to outpace industry credit growth
Axis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowers seeking gold loans. This credit boom is projected to boost the bank's overall earnings significantly. Axis Bank is also preparing key businesses for potential public listings. The bank aims for sustained credit growth while managing lending margins effectively.

Q1 earnings show resilience, but downside risks still loom. HSBC explains why
Indian companies delivered better-than-expected Q1FY27 earnings, with around 70% of firms meeting or beating HSBC’s estimates. Mid- and small-cap companies led growth, while financials drove earnings upgrades. However, HSBC flagged risks of downgrades in coming quarters as elevated commodity prices persist and the benefits of GST cuts and inventory gains fade.

Two Trades for Today: A small private bank for a 7.7% rise, a large-cap NBFC stock for a gain of 7%
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.

India's house price growth slows to 3.6% in Q1 FY27: RBI
In the first quarter of this year, the growth rate of house prices in India decelerated to 3.6 percent compared to the previous year, down from 4.5 percent in the last quarter. However, there was a quarterly increase of 1.1 percent in the All-India House Price Index, primarily thanks to notable contributions from cities like Chandigarh and Lucknow. This trend signifies a general slowing of annual price growth by June.

NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%
Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getting a single name wrong is more expensive than usual. A focused bet at a high valuation, on a company that then runs into a rule change or some other trouble, hurts a great deal.Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.

India’s new service price gauge shows mixed Q1 trends; Air (Passenger) Service Price Index up 32%
Air passenger service prices jumped nearly thirty-two percent year-on-year in the first quarter of FY27. Other services showed mixed price trends, with banking and securities transactions declining. Management of pension funds and railway services recorded modest price increases during this period. This new Service Producer Price Index offers an early view of producer-level price movements. The index currently covers only seven selected services across India.

‘Crypto today is where mutual funds were in 1995’: BitDelta India CEO on digital assets and their role in your portfolio
Vikaas M. Sachdeva, CEO of BitDelta India, talks to Abhinav Kaul about his journey from mutual funds and PMS to crypto, and where digital assets fit in an investor’s portfolio.

Hawkish MPC, West Asia conflict cloud rupee, bond yield outlook
In light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears uncertain. However, record forex inflows offer a cushion for the central bank, allowing it to manage currency pressures effectively. Analysts expect the rupee to fluctuate between 95.50 and 96.00, with interventions from the central bank.

FPI return to India may be tactical, not structural yet: HSBC MF’s Venugopal Manghat
Foreign investors are cautiously returning to Indian equities, but a durable FPI reallocation remains unconfirmed. HSBC Mutual Fund’s Venugopal Manghat highlights improving earnings, stable domestic demand and manufacturing growth, while stressing valuation discipline. Sustained foreign inflows will depend on earnings delivery, rupee stability, global liquidity, and India’s relative emerging-market valuations.

ETMarkets Smart Talk | India’s diverse earnings story could bring FIIs back: Bandhan Life’s Avinash Agarwal
While foreign institutional investors (FIIs) have remained net sellers over the past two years amid India’s premium valuations and an earnings slowdown, Avinash Agarwal, Senior Vice President & Head – Equity at Bandhan Life, believes the tide could turn as India offers a diverse pool of large companies with consistent growth and greater earnings visibility.

Up to 8.50% interest rate on senior citizen FD: This bank revises rates on fixed deposit; check new rates and returns on Rs 1 lakh investment
Suryoday Small Finance Bank has made changes to its fixed deposit interest rates Senior citizens can benefit from an attractive rate of 8.50% for a 5-year fixed deposit, while general customers can enjoy a rate of 8.25%. Additionally, for those opting for a 30-month fixed deposit, general customers will earn 8.10% interest.

India bonds hang tight before supply as oil stalls
On Friday morning, Indian government bonds found stability as oil prices leveled off. The market reacted to hawkish minutes from the central bank and a sudden spike in crude prices. Later today, a major debt sale will gauge investor interest in bonds. As retail inflation surpassed the Reserve Bank of India's target, rising oil prices and global yields will influence the upcoming market direction.

Aston Martin crash in Hyderabad: Who is Jana Sena Rajya Sabha MP Lingamaneni Ramesh' son Lingamaneni Sanjush?
The death of 26-year-old Bharati Mukhi in an Aston Martin crash outside Hyderabad’s Inorbit Mall has brought 21-year-old Lingamaneni Sanjush into focus. Police have named him in the case and served notices, but no arrest has been made. Sanjush, son of Jana Sena Rajya Sabha MP Lingamaneni Ramesh, is linked to two energy-sector companies and studied computer science.

ETMarkets Smart Talk | India’s next growth leaders? Bajaj Alts’ Jitendra Gohil bets on electronics, solar, defence
He also sees opportunities in defence, shipbuilding, infrastructure and aerospace, though he cautions investors about demanding valuations.

Power Finance Corporation and REC shares fall up to 3% after Morgan Stanley downgrade
PFC and REC shares fell on Thursday after Morgan Stanley downgraded both stocks to Equal-Weight and cut their target prices. The brokerage flagged slower loan growth and lowered earnings estimates for FY28 and FY29. The downgrade comes ahead of the proposed PFC-REC merger, with both stocks already under pressure.

Strong Q1 results spark stock-picking rush: 50 top ideas for investors to buy
The impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking avenues. Investors are encouraged to seek out firms showcasing strong earnings and solid financial fundamentals. A collective effort from various brokerages has resulted in the identification of fifty prime stock options, covering diverse industries such as banking, automotive, and defense. The market is now pivoting towards an earnings-led cycle with an emphasis on quality companies.

Picture perfect quarter? Nifty profit growth hits a 10-quarter high, but 5 stocks do the heavy lifting
Nifty firms have recorded their most impressive profit growth in a decade, boasting significant contributions from five leading companies, ONGC and Reliance among them, which accounted for sixty percent of this spike. Key sectors like metals and oil have made remarkable profit recoveries during this time, and broader market segments, particularly mid and small caps, also shone with strong earnings.

FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
Fixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks which is giving such high interest rate on FDs. Also know about when you can prevent TDS deduction from FD using Form 15H (senior citizens only).

Equitas to take cautious steps towards universal bank license
Equitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers faced regulatory hurdles. This upgrade offers easier lending and capital norms for the institution. Transitioning would also reduce priority sector lending targets significantly. Equitas will take its time to study and apply for this aspiration.
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