Asian markets traded lower on Thursday amid concerns about overvaluations of technology shares and ongoing US-Iran war in the Middle East.
US stock market ended higher on Wednesday as softening inflation data lifted investor sentiment.
Here's a table showing how US stocks performed on Wednesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 370.21 | 12.88 | 3.60% | 372.14 | 355.67 | 404.44 | 181.50 |
Apple | 327.50 | 12.64 | 4.01% | 328.73 | 317.32 | 328.73 | 201.50 |
Meta | 681.31 | 20.27 | 3.07% | 686.08 | 656.66 | 796.25 | 520.26 |
Tesla | 394.46 | -1.72 | -0.43% | 406.59 | 390.66 | 498.82 | 297.82 |
Netflix | 73.68 | 0.15 | 0.20% | 75.06 | 73.13 | 127.75 | 70.86 |
Amazon | 254.96 | 7.47 | 3.02% | 256.48 | 249.75 | 278.56 | 196.00 |
Microsoft | 395.63 | 10.70 | 2.78% | 398.96 | 386.40 | 555.45 | 349.20 |
Dow Jones | 52658.64 | 150.37 | 0.29% | 52823.95 | 52428.54 | 53289.30 | 43340.68 |
Nasdaq | 29502.60 | -83.69 | -0.28% | 29771.89 | 29192.89 | 30762.20 | 22669.37 |
Source: Equitymaster
At present, the BSE Sensex is trading 220 points higher, and NSE Nifty is trading 54 points higher.
HCL Tech, M&M, Tech Mahindra among the top gainers today.
HDFC Bank, Axis Bank, Eternal on the other hand is among the top losers today.
The BSE 150 Midcap index is trading 0.1% lower, and the BSE 250 SmallCap index is trading 0.1% lower.
Sectoral indices are trading mixed today, with stocks in the oil & gas sector and IT sector witnessing buying. Meanwhile, stocks in the realty sector and financial services sector witnessed selling pressure.
The rupee is trading at Rs 96.3 against the US dollar.
HDFC AMC Q1FY27 Performance
HDFC AMC reported a 12% year-on-year increase in net profit to Rs 8.37 bn for the quarter ended June 30, 2026, compared with Rs 7.48 bn in the corresponding quarter last year.
Revenue grew 14% year-on-year to Rs 11 bn in Q1 FY27 from Rs 9.68 bn a year earlier.
Meanwhile, total expenses increased 27% year-on-year to Rs 2.71 bn during the quarter.
Exide Industries Invests Further in Energy Subsidiary
Exide Industries has invested Rs 1 bn in its wholly owned subsidiary, Exide Energy Solutions (EESL), through a rights issue.
Following the latest infusion, the company's total investment in EESL has increased to Rs 49.02 bn. The transaction does not result in any change in Exide Industries' shareholding in EESL.
Exide stands as a leading player in battery manufacturing and energy solutions. The company offers a wide range of energy storage solutions across automotive, industrial, and infrastructure segments.
Exide has built a strong circular economy model through its battery recycling operations, helping reduce dependence on virgin raw materials and lower its environmental footprint.
HDB Financial Services Q1 Business Update
HDB Financial Services reported a 38% year-on-year increase in net profit to Rs 7.85 bn for the quarter ended June 30, 2026, driven by healthy loan demand and improving asset quality. Net profit stood at Rs 5.68 bn in the corresponding quarter last year.
Net interest income (NII) rose 20% year-on-year to Rs 25.09 bn in Q1 FY27 from Rs 20.92 bn a year earlier, while total income increased 17% to Rs 31.85 bn from Rs 27.26 bn.
Assets under management (AUM) grew 11.3% year-on-year to Rs 1,220.48 bn as of June 30, 2026, compared with Rs 1,096.90 bn a year ago. Gross loan book also expanded 11.4% to Rs 1,218.46 bn from Rs 1,093.42 bn over the same period.
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