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Mortgage lender Can Fin Homes on Saturday reported a 6% year-on-year rise in net profit at ₹212 crore for the quarter ending December 2024. The lender had posted a net profit of ₹200 crore in the year-ago period. Net interest margin contracted to 3.72% against 3.92% over the same period. Total income from operations stood at ₹986 crore for the quarter, up 9.3% YoY from ₹902 crore earlier.

Kotak Mahindra Bank reported a 10% rise in December quarter net profit to ₹3,305 crore from the year earlier on the back of steady interest income growth. Analysts tracked by Bloomberg had estimated profit after tax of ₹3,338 crore. The private lender had reported a profit of ₹3,005 crore in the same period last year. Growth in loans and deposits exceeded those of banks that have announced their earnings thus far.

Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances. The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock splits, and bonus shares. Investors must ensure their shares are reflected in their demat accounts on or before this date to qualify.

By and large, the Trump trade that has happened will reverse in the coming weeks. The reason for that is two things. First is Trump on tariffs. While the rhetoric and the talk has been very high, implementation of those tariffs would lead to a spike in inflation for US consumers, that is not something Mr Trump will want. So, he will be more pragmatic about it, says Sunil Subramaniam. ET Now: Should Indian equity investors brace for impact at the top of the next week or do you think more or less we have priced in already what Trump could do?

Indian equity market has been witnessing a steady decline over the past four months. After reaching a new all-time high on September 27, 2024, the benchmark Nifty 50 index has fallen by 11.5%. This correction is because of several factors, like weaker-than-expected GDP growth and lower-than-expected quarterly earnings, which have dampened investor sentiment. As a result, there has been a notable shift in investor sentiment from a «risk-on» to a «risk-off» approach, favoring defensive sectors over aggressive ones. This sentiment shift is reflected in the performance of sectoral indices since the Nifty 50's peak. Defensive indices such as Nifty IT, Nifty Pharma, Nifty Healthcare, and Nifty FMCG have demonstrated resilience, with comparatively smaller drawdowns during the broader market decline.

The yen was poised for its strongest weekly performance in over a month as expectations for a Bank of Japan rate hike next week grow, putting the dollar on the back foot.

Shrini Viswanath, Co-Founder of Upstox, embarked on a transformative 100-day fitness journey inspired by a deeply personal milestone—becoming a father. Balancing his roles as a parent and leader of a fast-growing company, Shrini redefined his approach to health and wellness.

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents, or 0.6%, at $80.79 per barrel, but gained 1.3% this week. U.S. West Texas Intermediate crude futures lost 80 cents, or 1%, at $77.88 a barrel, having climbed 1.7% for the week.

Gold prices were pressured by an uptick in the U.S. dollar on Friday, but remained on track for a weekly gain as uncertainties around incoming President Donald Trump's policies and renewed bets of further rate cuts lifted bullion above the key $2,700 level. Spot gold eased 0.4% to $2,701.03 per ounce by 03:10 p.m. ET (2010 GMT), while U.S. gold futures settled 0.1% lower to $2,748.70.

Axis Bank's shares dropped by over 4% on Friday after the lender posted weaker-than-expected earnings in its December quarter. The stock ended 4.4% lower to close at ₹992. The Bank Nifty index ended 1.5% lower on Friday. Out of the 12 stocks in the Bank Nifty Index, nine declined and three advanced.

sanctions on Russian oil, OPEC+ production curbs, and increased heating demand due to extremely cold winter in Western countries have aided the surge in prices. Last week, the US imposed fresh sanctions against Russia’s energy industry, including blocks on two major Russian oil producers and insurance companies, along with sanctions on an unprecedented number of oil-carrying vessels. This move has threatened to crimp global oil markets supplies, which were already tightened due to OPEC+ production cuts.

They added that Jio's low (1.3 million net) mobile user additions despite it not raising tariffs for feature phone users last July was a «negative surprise».

Domestic demand for C&W products remains robust, fuelled by rapid electrification, infrastructure development, and growth in sectors such as power transmission and distribution (T&D), real estate, and transportation. This demand is projected to drive an 11-13% CAGR in the domestic market from FY24 to FY27.

Reliance Industries gained 2.6% on bourses amid weakness in the broader market on Friday following better than expected performance in the third-quarter driven by the retail and O2C segments. On the retail front, the company continued to add stores on a net basis but the area declined reflecting focus on profitable growth. After a festive demand pull, the growth rates for the retail segment are expected to normalise in the fourth quarter. The O2C segment may face pressure given weaker oil and polymer cracks at the beginning of the March quarter. The digital segment is expected to show normalisation in the net subscriber additions, which may limit the average revenue per user (ARPU) expansion.

Infosys shares tumbled close to 6% on Friday as the company's muted outlook after its third-quarter results prompted investors to cut their bets. «While Infosys reported decent numbers, the management expects a muted fourth quarter which led to the slide in the stock,» said Dharmesh Kant, head of research, Cholamandalam Securities.

India growth story, you cannot ignore rural India. As the urban-rural consumption gap narrows, rural India is a strong driver in propelling the country’s growth.

The S&P 500 and Dow Industrials registered their biggest weekly percentage gains since early November and the Nasdaq recorded its best since early December. Data this week allayed fears that inflation would resurge while expectations have grown that the Federal Reserve will bump up the timing and magnitude of rate cuts this year.

Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies has been stumbling. Shares of smaller U.S. companies have been under pressure, with the small-cap Russell 2000 last week marking a 10% correction from its November highs. The S&P 500, the benchmark for large-cap companies, declined less than 3% in that time.

The U.S. dollar strengthened against major peers after four days of declines, while benchmark U.S. Treasury yields — after a three-session drop — hit a two-week low before reversing course.

Gujarat State Fertilizer & Chemicals Ltd.(up 7.36%), The Fertilisers and Chemicals Travancore Ltd.(up 4.79%), Southern Petrochemicals Industries Corporation Ltd.(up 3.07%), Rashtriya Chemicals & Fertilizers Ltd.(up 2.90%), Madras Fertilizers Ltd.(up 2.62%), Nagarjuna Fertilizers and Chemicals Ltd.(up 2.50%), Paradeep Phosphates Ltd.(up 2.49%), Zuari Agro Chemicals Ltd.(up 2.44%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 2.18%) and Krishana Phoschem Ltd.(up 1.81%) stood among the top gainers.

The company aims to raise Rs 40 crore entirely through a fresh issue of 31.25 lakh shares, and its stock will get listed on the NSE SME platform on January 22.