HDFC Bank collected the highest amount among private lenders at Rs 1,798.14 crore, followed by Axis Bank at Rs 1,081.33 crore.
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HDFC Bank collected the highest amount among private lenders at Rs 1,798.14 crore, followed by Axis Bank at Rs 1,081.33 crore.

Phoenix Mills shares fell as much as 5% despite reporting a 23.2% rise in Q1 net profit and 12.8% revenue growth, as investors weighed mixed brokerage views

Ambuja Cement began Q1 FY27 on a strong footing, delivering meaningful cost savings despite industry-wide inflation in energy, diesel, and packaging costs driven by geopolitical disruptions, adds Nirmal Bang.

South Korea resumed trading after a temporary halt as investors weighed renewed geopolitical tensions and awaited signals from the Federal Reserve.

L&T shares rose over 3% to Rs 3,961.90 following the earnings report, with the stock up nearly 13% over the past year despite a year-to-date decline, amid ongoing discussions on nuclear energy partnerships.

Swiggy shares rose nearly 4% after the company appointed former Myntra CEO Nandita Sinha as Instamart CEO following Amitesh Jha's resignation.

Nifty IT led sectoral gains, rising 1.8%. Nifty Auto gained 0.97%, while Nifty Metal and Nifty FMCG advanced 0.85% and 0.83%, respectively. Nifty Realty fell 0.56%, while Nifty Oil and Gas declined 0.1%.

The sharp increase was aided by exceptional gains of Rs 79.42 crore, including Rs 11.74 crore from the sale of a 50% stake in its wholly owned subsidiary to Teknor Apex B.V. and Rs 67.68 crore from the sale of surplus land at Mokila village related to its Bioseed business.

Suzlon delivered 506MW, its highest-ever first quarter deliveries, with 10% to 20% of deliveries deferred on account of temporary supply chain and logistics disruptions arising from geopolitical tensions in West Asia.

Renewed brokerage optimism has also sparked broad-based buying across the sector. The Nifty IT index was up 3% intraday, with Coforge leading the rally with gains over 4%, following by Infosys and Larsen & Toubro.