Bajaj Finance Q1 Results: PAT grows 22% YoY to Rs 4,765 crore, NII jumps 22%
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
34 minutes ago
- Economic Times
IDFC First Bank Q1 results: PAT declines 32% YoY, NII rises by 5.5%
IDFC First Bank has reported a 32% YoY decline in its profit after tax (PAT) at Rs 463 crore in the first quarter of the financial year 2026, while the net interest income (NII) witnessed a growth of 5.1% YoY to Rs 4,933 crore in the same period. ADVERTISEMENT The NII is comparable to Rs 4,695 crore in the first quarter of the last financial year. However, on a quarter-on-quarter basis, the PAT grew 52.1%. The bank's Net Interest Margin (NIM) on AUM dropped by 24 basis points quarter-on-quarter, falling from 5.95% in Q4 FY25 to 5.71% in Q1 FY26. This decline was mainly due to the impact of repo rate changes, a shift in the asset mix, including a sharp fall in the microfinance segment, and lower investment yields. Operating profit (excluding trading gains) declined by 6.2% YoY, from Rs 1,858 crore in Q1 FY25 to Rs 1,744 crore in Q1 FY26. However, on a sequential basis, it rose by 7.8%. (You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
34 minutes ago
- Economic Times
NephroPlus files DRHP with Sebi, to raise Rs 353 crore via fresh issue
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Economic Times
34 minutes ago
- Economic Times
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel, the index shows signs of fatigue despite holding above its 20-week moving average. Traders should remain cautious, focusing on stock-specific strategies and protecting gains, as a decisive breakout is needed for a clear directional move. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Nifty traded in a largely range-bound manner through the week, oscillating within a well-defined band and ending the week on a negative note. After a strong opening, the index saw selling pressure at higher levels, remaining under check within a narrow range of 25246–24806 spanning 440 points before settling slightly lower. Meanwhile, the India VIX declined modestly by 1.03% on a weekly basis, closing at the week, Nifty ended with a minor loss of 131.40 points, or (-0.53%.) The index continues to face strong overhead resistance as it struggles near the upper edge of a rising channel formation. Despite recently reclaiming ground above the 20-week moving average, Nifty is showing signs of fatigue as it approaches the upper Bollinger price behavior signals that the broader structure remains cautiously buoyant but not decisively trending. The recent rally is slowing, and unless a breakout occurs above the rising trendline resistance, the index may remain vulnerable to mean-reverting moves. The zone of 25150–25200 continues to be a critical resistance area, while 24600–24450 becomes an important near-term support range.A decisive move beyond either of these levels may trigger a directional move. Heading into the coming week, markets may see a cautious or flat opening unless there is a strong global trigger. Uncertainty persists around the US trade deal, with the August 1 deadline approaching the upside, resistance is likely to be found at the 25150 and 25400 levels, while supports are expected at 24600 and weekly RSI stands at 54.98 and remains neutral, showing no divergence against price. The weekly MACD remains in a buy mode, trading above the signal line, indicating residual bullish momentum. No significant candlestick reversal pattern is observed on the weekly a pattern perspective, Nifty continues to oscillate within a rising channel that began in March 2023. While it briefly breached the lower edge in late April, it has since reclaimed that trendline and is now testing the upper bounds. The price remains above its 20-, 50-, and 100-week moving averages, reinforcing the intermediate until a breakout above the channel occurs, the index is likely to witness rotational or sideways movement with the mentioned levels acting as the current structure and lack of a decisive breakout, traders should stay selective and avoid aggressive positioning. The prudent approach would be to protect existing gains and avoid chasing prices near resistance. A stock-specific strategy with tight stop losses would work better in the current scenario. The broader approach for the coming week should be one of cautious participation, staying mindful of key levels and awaiting a confirmed directional our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks. Relative Rotation Graphs (RRG) show that the Nifty Realty, Media, Metal, Midcap 100, and PSU Bank Indices are inside the leading quadrant. This group is likely to continue to outperform the broader markets Financial Services, Energy, Bank Nifty Index is inside the weakening quadrant. The FMCG, Consumption, Healthcare, and Pharma Indices are inside the laggingquadrant. However, except FMCG, the rest are showing improvement in their relative IT Index is seeing a slowdown in its relative momentum while staying inside the Improving quadrant. The Auto Index is located inside this quadrant, along with theConsumer Durable Index, which has just moved into the improving Note: RRGTM charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals. Milan Vaishnav, CMT, MSTA, is a Consulting Technical Analyst and founder of and and is based in Vadodara. He can be reached at
