Asian stock market traded lower on Friday, following overnight losses on Wall Street, amid renewed concerns over artificial intelligence (AI) boom and elevated in crude oil prices.
Wall Street's benchmark indices ended Thursday, October 8, on a mixed note as investors assessed several developments, including rising bond yields, remarks by US President Donald Trump and higher crude oil prices.
Here's a table showing how US stocks performed on Monday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 348.97 | 1.11 | 0.32% | 352.66 | 347.16 | 404.47 | 240.75 |
Apple | 340.97 | 4.33 | 1.29% | 342.63 | 337.6 | 345.34 | 243.42 |
Meta | 742.96 | 24.29 | 3.38% | 752.24 | 727.64 | 779.82 | 520.26 |
Tesla | 378.03 | -4.67 | -1.22% | 382.7 | 377.58 | 498.82 | 297.38 |
Netflix | 70.61 | 0.31 | 0.44% | 71.55 | 70.56 | 124.86 | 65.1 |
Amazon | 259.53 | -2.9 | -1.11% | 263.7 | 259.27 | 287.16 | 196 |
Microsoft | 541.15 | 6.08 | 1.14% | 542.74 | 535.7 | 553.72 | 349.2 |
Dow Jones | 51850.55 | 195.6 | 0.38% | 51928.1 | 51718.6 | 54744.33 | 45057.28 |
Nasdaq | 30664.7 | -218.45 | -0.71% | 30813.96 | 30618.65 | 31361.37 | 22841.42 |
Source: Equitymaster
At present, the BSE Sensex is trading 263 points higher, and NSE Nifty is trading 75 points higher.
HCL Tech, Bandhan Bank and Ircon International are the top gainers today.
Ola Electric, RBL Bank and Hitachi Energy on the other hand is among the top losers today.
Sectoral indices are trading mixed today with stocks in healthcare sector and telecommunication sector witnesses selling pressure. Meanwhile, stocks in financial sector and IT sector witnessed buying.
The rupee is trading at Rs 95.23 against the US dollar.
HCL Technologies Q2 FY27 Results
Shares of HCL Technologies came into focus after the company reported its Q2 FY27 results.
HCL Technologies reported a 21% year-on-year increase in consolidated net profit after tax (PAT) to Rs 51.32 billion (bn) in Q2 FY27, compared with Rs 42.36 bn in Q2 FY26.
Revenue from operations rose to Rs 356.20 bn from Rs 319.42 bn in the year-ago quarter.
The company's EBIT margin improved to 18.2%, marking a sharp 131 basis-point increase in quarter-on-quarter.
The board approved an interim dividend of Rs 12 per equity share, with a face value of Rs 2 each. This marks the company's second interim dividend for FY27.
The record date for the dividend is October 16, 2026, while the payment date is October 26, 2026.
RBL Bank Q2 FY27 Results
Shares of RBL Bank came into focus after the company reported its Q2 FY27 Results.
RBL Bank, a subsidiary of Emirates NBD, reported a 2.7-fold year-on-year increase in net profit to Rs 4.82 bn in Q2 FY27, compared with Rs 1.79 bn in Q2 FY26 and Rs 2.54 bn in the preceding quarter.
Net interest income (NII) rose 37% year-on-year and 29% quarter-on-quarter to Rs 21.31 bn, supported by robust growth in advances. Other income increased 16% year-on-year and 12% sequentially to Rs 10.77 bn.
The bank's net interest margin (NIM) improved to 4.61%, expanding 48 basis points sequentially from the previous quarter. It stood at 4.51% in the year-ago period.
Provisions increased 53% year-on-year and 28% quarter-on-quarter to Rs 7.665 bn during the quarter.
RBL Bank's total advances grew 42% year-on-year and 22% sequentially to Rs 1.42 trillion in Q2 FY27.
Retail advances increased 32% year-on-year and 24% quarter-on-quarter, while wholesale advances rose 56% year-on-year to Rs 628.49 bn. Commercial banking advances recorded 47% year-on-year growth.
On the liabilities side, total deposits increased 34% year-on-year to Rs 1.56 trillion. Current account and savings account (CASA) deposits grew 14% year-on-year.
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