5 result(s) for “Corporate Earnings”
Reliance Industries posted its strongest September quarter yet on November 2, 2026, boosting the oil to chemicals business and Jio Platforms and triggering a sharp rally in Indian equities. The results shifted market sentiment, drew renewed analyst upgrades and highlighted the growing dominance of energy and digital services in India’s largest conglomerate.
Jio Platforms, backed by Reliance Industries, moves to list on Indian exchanges on October 28 after a blockbuster Rs 30,213 crore IPO that was subscribed more than 22 times. The allotment process has closed and refunds and demat credits are being processed, testing market appetite and liquidity ahead of a high‑profile listing.
A rotation out of global AI names and renewed central bank support for the rupee lifted Indian markets on October 17, sending IT shares and benchmark indices to their strongest weekly performance in months and drawing fresh attention to corporate earnings and a busy IPO calendar.
Provisional government data show headline consumer price inflation rose to 5.54 percent in September 2026, driven by a sharp jump in food costs led by onions and other vegetables. The rise complicates the Reserve Bank of India’s path on rates and will squeeze household budgets ahead of winter.
Government borrowing costs have climbed sharply across major economies, with the US 10-year Treasury yield reaching 5% and G7 yields rising to levels not seen since the global financial crisis era.