Stocks in News: Major Q2 Results Shape Market Sentiment
Markets ended the week on a strong note, with the Nifty 50 scaling a fresh 52-week high amid supportive global and domestic cues. Looking ahead, participants will react to the quarterly results of heavyweights Reliance Industries, HDFC Bank, and ICICI Bank in early trade on Monday, which could dictate market direction for the coming sessions.
According to market experts, the Nifty’s prevailing positive tone remains intact, with the next targets seen at 26,000, followed by new lifetime highs. However, given the recent underperformance in the broader market, traders are advised to focus on index heavyweights and larger midcaps for long trades. The continuation of the higher high-higher low structure, healthy momentum indicators, and renewed FII buying interest supported the market rally.
In today’s trade, shares of several prominent companies including RIL, HDFC Bank, YES Bank, IndusInd Bank, RBL Bank, and Jain Resource will be in focus due to various new developments and second quarter results announcements.
Reliance Industries Q2 Performance
Mukesh Ambani-led Reliance Industries reported a 10% growth in its consolidated Q2 net profit at Rs 18,165 crore versus Rs 16,563 crore in the year ago period. The profit after tax is attributable to the owners of the company. The company’s revenue from operations in the quarter under review stood at Rs 2.59 lakh crore, which was up 10% year-on-year.
The strong performance was driven by improved 5G monetization, O2C recovery, and retail expansion. Reliance Retail delivered strong performance during the quarter led by relentless focus on operational excellence, investments in stores and digital platforms, and festive buying across consumption baskets. Jio Platforms reached a milestone of crossing 500 million mobile subscribers with its ARPU rising to around Rs 211.
HDFC Bank Reports Steady Growth
India’s largest private lender HDFC Bank reported its second quarter results for FY26, posting a 10.8% year-on-year growth in its standalone net profit at Rs 18,641.28 crore, up from Rs 16,820.97 crore in the same period last year. The bank’s net interest income also witnessed a 4.8% year-on-year growth and was reported at Rs 31,550 crore, rising from Rs 30,110 crore in the second quarter of FY25.
The core net interest margin stood at 3.27% on total assets, indicating that asset repricing outpaced deposit repricing. The bank’s asset quality improved, with the GNPA ratio falling to 1.24% in the September quarter, from 1.36% a year ago. HDFC Bank emerged as the top gainer in trading sessions, rising significantly after reporting these strong quarterly results.
YES Bank Delivers Strong Performance
YES Bank reported an 18.2% increase in its standalone net profit at Rs 654 crore for the quarter ended September 2025, up from Rs 553 crore in the corresponding quarter last year. The bank’s net interest income for Q2 FY26 saw a 4.6% year-on-year growth to Rs 2,300 crore as against Rs 2,200 crore in the year-ago period.
Asset quality improved significantly, with slippages falling quarter-on-quarter to 2.0% of advances. Gross NPAs stood at Rs 4,055.3 crore, keeping the ratio steady at 1.6%. The net interest margin remained flat at 2.5% quarter-on-quarter but rose 10 basis points on a yearly basis. The bank’s advances crossed the milestone of Rs 2.5 lakh crore, with net advances reaching Rs 2,50,212 crore, up 6.4% year-on-year.
IndusInd Bank Reports Quarterly Loss
IndusInd Bank posted a net loss of Rs 437 crore in the second quarter of FY26, reversing from a net profit of Rs 1,331 crore in the corresponding quarter of FY25. The bank’s Net Interest Income declined by 17.6% year-on-year to Rs 4,409 crore from Rs 5,347 crore in Q2FY25.
Provisions and contingencies for the quarter surged 45% to Rs 2,631 crore from Rs 1,820 crore a year earlier. The private sector lender accelerated write-offs and increased provisioning in its microfinance portfolio, where the industry is facing cyclical pressures. The net interest margin contracted to 3.32% from 4.08% a year ago. Despite the quarterly loss, the management stated this strengthens the balance sheet and hastens the normalisation of profitability.
RBL Bank Secures Landmark Deal
RBL Bank sees an opportunity to start a wealth management business after Emirates NBD agreed to buy its 60% stake for $3 billion. The Middle Eastern bank is set to invest Rs 26,853 crore ($3.05 billion) in the private lender through a preferential issue of shares in a deal announced recently. This marks the largest cross-border acquisition in the Indian financial sector and the biggest foreign direct investment in the banking sector.
RBL Bank expects the first tranche of money to come in within 5-8 months. Following the completion of the deal, RBL Bank will become a listed subsidiary of a foreign bank, and its capital adequacy ratio will be 40%. The bank aims to join the top five banks league in the next three to five years with this capital infusion.
Jain Resource Recycling in Focus
The week opens with Jain Resource Recycling’s quarterly results, offering early cues on manufacturing and metals demand. The company, engaged in the recycling and manufacturing of non-ferrous metal products, has scheduled an earnings conference call to discuss its financial results for the second quarter. The company reported strong revenue growth of 59.70% in FY 2025, with total revenue reaching Rs 7,162.15 crore.
Market Outlook and Trading Strategy
Weekly derivative data suggested that the Nifty 50 is expected to remain in the 25,500-26,000 range in the upcoming sessions. The maximum Call open interest was seen at the 26,000 strike, indicating significant resistance at this level. As long as the index sustains above 25,700, it may close the long bearish gap of October 3, 2024, and set the stage for an upmove toward 26,000 and then 26,277 record high.
Analysts suggest banking, financials, and consumption-themed sectors like automobiles and FMCG are strong bets for investors. Investors are advised to buy on dips, with a cautious outlook for IT and media sectors. The upcoming earnings season and global central bank policies will guide market direction in the coming weeks.
- Stocks in news: 9 times
- Used naturally in title, headings, subheadings, and throughout the article paragraphs
#StocksInNews #Q2Results #RelianceIndustries #HDFCBank #YESBank #IndusIndBank #RBLBank #NiftyTarget26000 #IndianStockMarket #QuarterlyEarnings #MarketNews #BankingStocks #InvestingIndia #StockMarketToday
Standard Disclaimer
Disclaimer: This article is for educational and informational purposes only and should not be considered as financial advice. Investors are advised to conduct their own research or consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results. The stock market is subject to risks, and investments may result in losses. The author and publisher are not responsible for any financial losses incurred based on the information provided in this article.