Bajaj Finance delivered a robust operational performance in Q2 FY26, with Assets Under Management surging 24% year-on-year to Rs 4,62,250 crore. The company expanded its customer base to 110.64 million, adding over 4 million new customers, while new loan bookings jumped 26%. This strong growth follows a 22% profit increase in Q1, underscoring consistent financial strength and retail traction.
Markets recovered last week. Nifty and Sensex gained nearly one percent. RBI kept the repo rate unchanged. GDP growth estimates were upgraded. Bank Nifty showed outperformance. Analyst Sudeep Shah provided an outlook. Nifty faces resistance at 25,050-25,100. Bank Nifty targets 56,200 and 57,000. DIIs supported markets amid FII outflows. Banking and PSU sectors lead.
SEBI introduced "Validated UPI handles" and a "SEBI Check" facility to combat cyber fraud. A unified investor app and voluntary trading account freezing were also launched. These steps, with mandated fund upstreaming and finfluencer monitoring, enhance market integrity and investor protection.
Kotak Mahindra Bank announced strong provisional financial results for the second quarter ending September 30. The bank reported a 14.4% year-on-year growth in average total deposits, reaching Rs 5,10,138 crore, and a 14.6% increase in average net advances. Period-end net advances rose 15.8%, while CASA balances grew 11.2%. Following the announcement, the bank's shares closed 1.8% higher.
Foreign Institutional Investors have pulled out Rs 1,98,103 crore from Indian equities in 2025. September alone saw Rs 27,163 crore exit. This selling trend has continued for nearly two years, totaling Rs 3,19,313 crore over 21 months. Analysts point to valuation concerns and global allocation shifts. Outflows may slow as valuations stabilize and corporate earnings improve.
The Reserve Bank of India now permits banks to finance domestic company mergers and acquisitions. This reform updates capital market exposure guidelines. It aligns Indian banking with global standards. This opens new credit opportunities for banks. They can reclaim market share from non-bank lenders. Banks must develop specialized M&A advisory and underwriting skills. This policy change supports India's corporate growth.
Avenue Supermarts reported strong revenue growth for Q2 FY26. DMart's standalone revenue increased by 15.4 percent year-on-year. It reached 16,218.79 crore rupees for the quarter ending September 30, 2025. This marks the highest Q2 revenue in four years. The company now operates 432 DMart stores. The board will meet on October 11 to approve financial results.
