Day: July 18, 2026

PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 crore reported in the preceding three months.

Yes Bank Q1 Results: The private lender’s net interest income, which is the difference between interest earned and interest expenses, rose around 17.5% YoY to Rs 2,786,46 crore during the first quarter of the ongoing financial year, as against Rs 2,371.47 crore in the year-ago period.

Axis Bank Q1 Results: Axis Bank reported a 22.5% YoY rise in Q1 FY27 standalone net profit to Rs 7,114 crore, while net interest income increased over 8% to Rs 14,646 crore, beating estimates. Asset quality remained stable, with the lender reporting strong balance sheet growth, robust deposit mobilisation and healthy loan expansion.

Kotak Mahindra Bank Q1 Results: Net interest income (NII) rose 9% YoY to Rs 7,928 crore in Q1 FY27, from Rs 7,259 crore reported in the same period last year. The bank’s net worth, meanwhile, rose over 14% YoY to Rs 1.4 lakh crore.

Gold prices saw an increase on Friday, driven by escalating U.S.-Iran tensions. These geopolitical events fueled energy prices and inflation concerns, impacting market sentiment. Higher inflation fears reinforced expectations of potential U.S. interest rate hikes by the Federal Reserve. While gold is a hedge against inflation, higher rates typically pressure the non-yielding metal. Other precious…

Axis Bank Q1 Results: The private lender’s net interest income (NII), meanwhile, rose more than 8% YoY to Rs 14,646 crore during the first quarter of the ongoing financial year 2027, from Rs 13,560 crore reported in the same period last year.

Gold prices are experiencing their steepest weekly decline in six weeks. This drop has encouraged investors to return to the yellow metal. Consumers are also returning to jewelry stores after recent price reductions. Investors are showing caution towards silver, reducing their exposure. Gold remains a preferred core portfolio asset for many investors.

European stocks edged lower Friday, influenced by a global tech sell-off and Middle East tensions. Investors await the European Central Bank meeting and corporate earnings reports next week. Rising oil prices and subdued reactions to strong results complicated the market backdrop. Tech stocks experienced a significant decline this week, impacting major AI beneficiaries. Utilities and…

The IPO market will remain active next week with five public issues opening for subscription, including mainboard offerings from Xtranet Technologies and Cube Highways Trust InvIT. Investors will also watch four listings, led by SBI Funds Management, as strong demand and healthy grey market premiums keep primary market sentiment buoyant.

Xtranet Technologies will launch its Rs 166.8 crore IPO on July 23 at a price band of Rs 120-127 per share. The issue, comprising a fresh issue of 1.31 crore shares, will fund debt repayment, capital expenditure and working capital, with listing scheduled on July 30.