Bandhan Bank shares fell sharply on Wednesday after the lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit. Motilal Oswal downgraded the stock to ‘Neutral’, citing pressure on margins and earnings. The brokerage also lowered its FY27 and FY28 earnings estimates despite lower provisioning supporting quarterly profit.

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto.

Vedanta Oil & Gas share slipped on Wednesday after the company disclosed two legal matters involving the Directorate General of Hydrocarbons and ONGC. While DGH has sought about $35 million plus interest over OALP blocks, ONGC is pursuing enforcement of a $37 million arbitral award before the Delhi High Court.

SBI Funds Management shares fell after their market debut, but brokerages remain bullish, with Emkay and Equirus citing strong fundamentals, SBI’s distribution strength and long-term growth prospects while assigning target prices of up to Rs 750.

Triveni Engineering shares appeared to fall sharply after trading ex-demerger, but the decline reflected a technical price adjustment following the separation of its power transmission business rather than selling pressure.

BlueStone Jewellery shares have surged nearly 29% in two sessions after the company swung to profit in Q1 FY27 and delivered strong revenue and EBITDA growth. While Systematix reiterated its Buy rating with a target price of Rs 832, investors are assessing whether the rally has more room to run.

Government debt in developed nations will reach $75.8 trillion by 2026. This debt burden represents 104% of gross domestic product for these countries. Major global shocks and rising spending pressures contribute to this significant increase. Higher borrowing costs and defense budgets also add to the growing debt. Artificial intelligence may offer economic growth but also…

US exchange operators begin quarterly earnings season this week. Strong trading activity is expected to offset regulatory concerns and competition. New cryptocurrency derivatives pose a challenge to established market players. Analysts anticipate management discussions on evolving market dynamics and strategies. Mixed financial results are projected due to challenging year-on-year comparisons.

The US House approved a temporary funding bill to keep government agencies operational. This measure extends federal funding through December 4, averting a shutdown. Republicans advanced the legislation early to manage their legislative calendar. Democrats largely opposed the bill, citing a lack of bipartisan negotiation. The move aims to allow more time for appropriations and…

Shree Balaji (Mala) Textiles IPO: The issue is a fresh sale of 27 lakh equity shares priced at ₹66-70 apiece. The IPO was commanding a grey market premium (GMP) of about 21.4%, indicating positive investor sentiment. Retail investors need to apply for a minimum of 4,000 shares, translating into an investment of ₹2.8 lakh at…