Asian markets traded higher on Monday on optimism over US-China trade talks.

US stock market ended higher on Friday, with all three major stock indexes recording all-time closing highs, after cooler-than-expected inflation data and upbeat corporate earnings lifted sentiment.

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

Source: Equitymaster

At present, the BSE Sensex is trading 266 points higher, and the NSE Nifty is trading 81 points higher.

Reliance, Bharti Airtel, and Tata Steel are among the top gainers today.

Infosys, Kotak Mahindra, and Sun Pharma, on the other hand, are among the top losers today.

The BSE Midcap index is trading 0.4% higher, and the BSE Smallcap index is trading 0.1% higher.

Sectoral indices are mixed today, with stocks in the realty sector and the metal sector witnessing buying. Meanwhile, stocks in the IT sector and the healthcare sector witnessed selling pressure.

The rupee is trading at Rs 87.6 against the US dollar.
 

Kotak Mahindra Bank Q2 Results

Shares of Kotak Mahindra Bank came into focus after the company reported its Q2 FY26 results.

The bank's net interest income (NII) increased by 4% year over year to Rs 72.1 billion (bn) in Q2FY26 from Rs 70.2 bn in Q2FY25.

Its cost of funds was 4.7%, and its net interest margin (NIM) for the quarter was 4.54%.

Net advances increased 16% year over year to Rs 4,626.8 bn in Q2FY26, compared to Rs 3,995.2 bn during the same period of the previous fiscal year.

Operating expenses increased by 1% year over year to Rs 46.3 bn in Q2FY26 from Rs 46.1 bn in Q2FY25. In the meantime, Q2FY26 operating profit climbed to Rs 52.7 bn, up 3% YoY from Q2FY25's Rs 50.9 bn.

As of 30 September 2025, total assets under management were worth Rs 7,605.8 bn up 12% year-over-year from Rs 6,808.3 bn on the same date in 2024.

As of 30 September 2025, the Domestic MF Equity AUM had grown by 14% year over year to Rs 3,662.9 bn.

The bank's net profit for the quarter ending 30 September 2025 (Q2FY26) was Rs 32.5 bn, down 2.7% from Rs 33.4 bn during the same period last year.
 

Ola Electric Approved Fundraise Via Securities

Shares of Ola Electric came into focus after the company's board has approved raising up to Rs 150 bn through an issue of securities, the company said in an exchange filing on Saturday.

Ola Electric, an electric vehicle manufacturer based in Bengaluru, announced that its board has given its approval to a plan to raise money through the issuance of shares or convertible securities, like warrants.

The company may employ strategies such as a private placement, qualified institutional placement, rights issue, or any other legally permitted course of action. Up to Rs 15o bn will need to be raised in total.
 

Coforge Q2 Results

Shares of Coforge came into focus after the company reported its Q2 FY26 results.

During the quarter under review, its revenue from operations witnessed an 8.05% QoQ growth at Rs 39.8 bn, compared to Rs 36.8 bn in the first quarter of the same fiscal year.

Its operating profit, or EBITDA, for the September quarter of FY26 was Rs 7.2 bn, a 15.3% QoQ increase from Rs 6.3 b in the first quarter of FY26.

Its EBITDA margin expanded by 115 basis points (bps) to 18.3% during the quarter, as against 17.1% in the June quarter of FY26.

The IT company reported that it had 34,896 employees and an attrition rate of 11.4%.

Coforge's board has announced a second interim dividend of Rs 4 per share, each having a face value of Rs 2. The company has set 31 October 2025, as the record date to determine eligible shareholders for this dividend.

The company inked five significant agreements in North America and Asia Pacific during the second quarter of FY26. Additionally, its order executable was Rs 135.3 bn, representing a 26.7% YoY increase.

The firm's consolidated net profit rose 18.4% from the previous quarter to Rs 3.7 bn, belonging to the company's shareholders.

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