Nifty Below 24,350; Indian Energy Exchange Down 6%

Asian markets traded mixed on Monday as US-Iran tensions rose.

US stock futures slipped on Monday after an escalation in US-Iran tensions over the weekend and an ongoing standoff in the Strait of Hormuz.

On Friday, the US stock market ended higher, with the S&P 500 and Nasdaq each rallying to their third record close in a row.

Here's a table showing how US stocks performed on Friday:

Source: Equitymaster

At present, the BSE Sensex is trading 20 points lower, and the NSE Nifty is trading 21 points lower.

SBI, ICICI Bank, and Trent are among the top gainers today.

Eternal, M&M, and HDFC Bank, on the other hand, are among the top losers today.

The BSE 150 Midcap index is trading 0.6% lower, and the BSE 250 SmallCap index is trading 0.6% lower.

Sectoral indices are trading mixed today, with stocks in power and banking witnessing buying. Meanwhile, stocks in the real estate sector and the auto sector witnessed selling pressure.

The rupee is trading at Rs 92.8 against the US dollar.

HDFC Bank Q4 Results

Shares of HDFC Bank are in focus today after the company reported its Q4 FY26 results.

Its profit rose by 9% to about Rs 192.21 billion (bn), compared to Rs 176.16 bn in the same period last year.

The bank's overall business also grew, with average deposits reaching around Rs 28,500 bn, up from Rs 25,200 bn a year ago and Rs 27,500 bn in the previous quarter. Total revenue increased modestly by 5% to Rs 462.80 bn.

Its core earnings from lending, known as net interest income, went up slightly by 3.2% to Rs 330.80 bn. Profitability from lending remained stable, with margins in the range of about 3.38% to 3.53%. Meanwhile, the bank set aside Rs 26.10 bn as provisions for potential risks or bad loans.

Also, the bank declared a final dividend of Rs 13 per share for FY26, with 19 June 2026 as the record date. It had also paid a special interim dividend of Rs 2.5 per share earlier in August 2025.

YES Bank Q4 FY26 Results

Shares of YES Bank came into focus after the company reported its Q4 FY26 results.

The bank's profit rose to about Rs 10.68 bn, compared to Rs 7.39 bn a year earlier. Its lending profitability improved slightly, with net interest margin increasing to 2.7% from 2.5%.

Total income saw only a small increase, reaching around Rs 93.81 bn versus Rs 93.56 bn last year. Asset quality improved a bit, although the bank set aside Rs 3.41 bn as a one-time provision.

Loan growth picked up to 10.7% year-on-year, higher than the previous quarter's 5.2%, mainly due to stronger corporate lending. Deposits also grew by 12.1%.

Core income from lending (net interest income) increased slightly to about Rs 76.50 bn from Rs 76.16 bn a year ago. Overall, the bank's results show gradual improvement with better profitability and growth.

Network18 Media & Investment Q4 Results

Shares of Network18 Media & Investment came into focus after the company reported its Q4 FY26 results.

Its operating revenue increased by 9.7% to about Rs 6.16 bn, while operating profit rose to Rs 0.30 bn from Rs 0.19 bn a year ago. As a result, operating margin improved to 4.9% from 3.4%.

This growth came even though overall TV news advertising demand dropped by more than 10% during the quarter. In contrast, the company managed to increase its ad inventory usage by 4.5%, allowing it to outperform the broader industry.

For the full year, revenue grew by 4.7% to around Rs 21.21 bn, though growth was affected by a high base last year due to heavy election-related advertising.

On the digital side, the company remained India's largest digital news network, reaching over 360 million users every month, including on social media platforms.