The US economy is surprisingly strong, with significant corporate spending projected. In contrast, global investors are cautious about India, underweighting its market due to an earnings slowdown. However, a turnaround is anticipated with expected rate cuts, GST reductions, and PSU pay hikes. Improved corporate earnings are seen as the key to attracting foreign investment back to India.

India Inc’s Q2 FY26 earnings are outperforming expectations, led by oil & gas, capital goods, and technology sectors. Motilal Oswal notes modest Nifty EPS upgrades as midcaps continue to outperform largecaps, margins expand 170 bps YoY, and the earnings cycle shows signs of bottoming out for sustained growth.

Billionbrains Garage Ventures (Groww) raised Rs 2,984 crore in its Rs 6,632 crore IPO anchor round, drawing top domestic MFs, global sovereign funds, and tech investors like GIC, ADIA, and SCGE.

A study identifies 22 debt-free small-cap companies with rising FII stakes and solid FY25 profits above ₹100 crore. CarTrade Tech, FIEM, eClerx, Swaraj Engines, and NBCC (India) lead gains with up to 103% returns.

Adani Enterprises Q2 Results: ​​The company s revenue from operations for the quarter stood at Rs 21,249 crore, down 6% from Rs 22,608 crore in the corresponding quarter of the previous financial year.

Global brokerage firm Bernstein has initiated coverage on India’s leading e-commerce platforms, Eternal and Swiggy, assigning an ‘Outperform’ rating to both, with target prices of Rs 390 and Rs 570, respectively.

Mahindra & Mahindra announced strong financial results for the July-September quarter. The company saw a significant rise in profit after tax. Revenue from operations also increased substantially. M&M maintained its leadership in key vehicle segments like SUVs and Light Commercial Vehicles. The Farm and Services segments also contributed positively to the overall performance, showcasing robust execution across the group.

SBI Q2 Results: State Bank of India (SBI) reported a 10% year-on-year rise in standalone Q2 net profit to Rs 20,160 crore, beating Street estimates. Brokerages had expected up to a 17% decline, but higher interest income of Rs 1,19,654 crore, up 5% YoY, helped offset pressures, showcasing resilience in the lender’s core operations.

Sun Pharma is expected to report modest Q2 FY26 earnings growth, with PAT likely up 2% YoY and revenue rising 7%. Analysts cite Leqselvi launch costs, weak Taro performance, and high R&D spend as margin drags, even as domestic and specialty segments continue to drive overall growth.

Shares of 3M India surged 13% to Rs 34,700 after reporting a 43% year-on-year rise in Q2FY26 profit to Rs 191 crore. Revenue grew 14%, led by broad-based sales across all segments. ICICI Securities raised its target to Rs 35,700, citing strong auto demand and government-led infrastructure momentum.