Non-banking financial company (NBFC) Aye Finance has reported an impressive financial performance for the fourth quarter ended March 31, with net profit more than doubling to ₹86 crore.

SBI Cards and Payment Services [SBICARD] announced a significant 14% year-on-year rise in net profit for Q4 FY26, reaching ₹609 crore, alongside a 6% revenue increase. Despite these robust figures, the company's shares experienced minor losses post-announcement.

UltraTech Cement [ULTRACEMCO] announced impressive Q4 FY24 results, with consolidated net profit surging by 20% year-on-year. The company also declared a significant dividend of ₹240 per share for its shareholders.

Market expert Amit Khurana shares his views on Sun Pharma's strategic acquisition, Paytm's core business resilience, and contrasting outlooks for banking and NBFC sectors, identifying opportunities in consumption.

Global financial giants Jefferies and Goldman Sachs have issued optimistic outlooks for the Indian steel industry, pinpointing robust growth prospects for key players like JSW Steel [JSWSTEEL].

Zomato [ZOMATO] is set to unveil its Q4 performance, with analysts forecasting a substantial surge in revenue and profit, largely propelled by its quick commerce arm, Blinkit.

Paytm shares saw an initial dip after RBI's Paytm Payments Bank licence cancellation but quickly recovered as Jefferies, Goldman Sachs, and Bernstein maintained positive ratings, citing limited financial impact on the core business.

Nilesh Shah, MD of Kotak Mahindra AMC, describes the current Indian market as a 'kangaroo market' due to global uncertainties, advising selective investment in adaptable companies, particularly in IT and consumer goods.

Reliance Industries is facing pressure from rising input costs in its Oil to Chemicals (O2C) segment, even as its diverse consumer businesses, including retail and telecom, demonstrate mixed yet resilient growth.

Japan's benchmark Nikkei 225 index achieved a historic milestone, closing above 60,000 points for the first time ever, driven by robust corporate earnings and optimism surrounding the artificial intelligence sector.

Australian equities recorded their fifth consecutive day of declines, as stalled U.S.-Iran talks weighed heavily on global risk sentiment, impacting sectors like financials.

Despite overall smallcap market declines, a recent analysis reveals that foreign institutional investors (FIIs) and retail investors significantly increased their holdings in 10 BSE-listed smallcap stocks, which have subsequently delivered returns of up to 105%.

The Reserve Bank of India (RBI) has officially cancelled the license of Paytm Payments Bank. While this entity winds down, the core Paytm app services operated by One97 Communications [PAYTM] will continue to function under a separate license.

Varun Beverages [VBL], a prominent PepsiCo bottler, reported a strong first-quarter performance with consolidated net profit surging by 20% year-on-year, alongside an 18% rise in revenue.

RBL Bank [RBLBANK] reported a remarkable threefold increase in Q4 net profit, yet its shares saw a significant decline. Investors appear concerned by weakening margins, overshadowing the strong headline earnings.