Ankit Gohel

The healthcare service provider posted a consolidated net profit of Rs 192.2 crore in the quarter ended September 2026, a growth of 27.6% from Rs 150.6 crore in the year-ago period.

Biocon's consolidated revenue from operations in Q2FY27 grew 2.2% to Rs 4,389 crore from Rs 4,296 crore, year-on-year (YoY).Biosimilars revenue increased 3% YoY to Rs 2,809 crore and Generics revenue grew 10% YoY Rs 774 crore.

The Multi Commodity Exchange of India (MCX) on Tuesday reported a 130% year-on-year (YoY) jump in its consolidated net profit to Rs 454.57 crore in the second quarter of FY27.

Emcure Pharmaceuticals reported its earnings for the September quarter on November 3, with double-digit revenue growth and operating profit.

Kotak Institutional Equities, Jefferies, B&K Securities and Emkay Global have maintained or initiated Buy ratings on the stock, with target prices ranging from Rs 2,050 to Rs 2,200.

According to Bernstein, the implementation of MDR on UPI transactions appears imminent and could provide a meaningful boost to earnings, with an estimated pre-tax profit (PBT) impact of Rs 10 billion in FY28.

Barring Nifty IT, all other sectoral indices ended in the green, led by Nify Media, Nifty Metal, Nifty Realty, Nifty FMCG, Nifty Oil & Gas and Nifty Auto indices.

Asian markets traded mixed, while the US stock market closed mostly higher overnight, amid a rebound in AI heavyweights ahead of midterm election results.

The pharma major's revenue from operations during the September quarter grew 13.6% to Rs 726.86 crore from Rs 642.34 crore, year-on-year (YoY).

Zerodha has also extended the availability of its instant withdrawal facility. Customers can now access the service between 9 AM and 6 PM, including weekends and market holidays.

Sectorally, Nifty FMCG, Nifty Realty, Nifty Auto and Nifty Private Bank indices were in the green, while Nifty Metals, Nifty IT and Nifty Pharma were led the losses.

SBI Research estimates that abolishing LTCG tax could result in a revenue shortfall of around Rs 40,000-50,000 crore in FY28, equivalent to approximately 0.1-0.2% of GDP. It believes the government could accommodate this within its fiscal framework.

The infrastructure engineering and construction company, KEC International, reported an 81.6% year-on-year (YoY) plunge in Q2FY27 consolidated net profit to Rs 29.7 crore, while its revenue fell 10.2% to Rs 5,468 crore.

Marico reported a 31% year-on-year (YoY) rise in its consolidated net profit to Rs 550 crore for the second quarter of FY27. The company's revenue from operations in Q2FY27 rose 13% YoY to Rs 3,897 crore.

Among the four lenders, ICICI Bank and Kotak Mahindra Bank have witnessed the strongest earnings upgrade momentum, while Axis Bank and HDFC Bank have lagged

JPMorgan estimates an adverse impact of Rs 1,820 crore on the bank's FY27 profit and loss account, alongside a decline of around 240 basis points in its Common Equity Tier-1 (CET-1) capital ratio to approximately 11.4%.

Asian markets traded lower, while the US stock market ended mixed overnight, with tech stock leading the losses. However, sentiment may improve after a sharp plunge in crude oil prices.

Speaking to NDTV Profit, Englander said he expects markets to overcome some of the current uncertainties surrounding AI and that the technology will eventually benefit both its producers and users.

The programme will expand its manufacturing network across the East, West and North, building on its current 113.5 MTPA pan-India cement capacity across 24 integrated plants and 24 grinding units.

In its Diwali stock picks, Religare Broking has identified eight companies across pharmaceuticals, technology, automobiles, hospitality, financial services, power and infrastructure where it sees identifiable business drivers supporting the potential for stronger performance.