Market Bizzz

HDFC Bank announced a dividend of Rs 22 per share for eligible shareholders, setting June 27, 2025, as the record date. The bank’s Q4 results for FY25 revealed a 6.7% YoY increase in net profit, reaching Rs 17,616 crore, alongside a 10.3% YoY rise in net interest income to Rs 32,070 crore.

ICICI Bank, India’s second largest private lender, today declared an 18% year-on-year (YoY) surge in its Q4FY25 PAT, which stood at Rs 12,630 crore at the end of the quarter, while its net interest income (NII) rose 11% YoY to Rs 21,193 crore in the same time period.

HDFC Bank Results 2025: India’s largest private lending bank, HDFC Bank on Saturday, reported its fourth quarter results for FY25, wherein its profit after tax was reported at Rs 17,616 crore, up by 6.7% YoY while its net interest income (NII) was up by 10.3% YoY to Rs 32,070 crore.

With most markets closed for Easter, the MSCI emerging markets index rose on Friday, taking its weekly advance to 2.2%. Currencies of commodity-linked countries including South Africa outperformed this week, sending the benchmark near a six-month high.

In the grip of the tariff fallout, 90 of the top 100 best-performing exchange-traded funds of last year are down in 2025, with an average loss of 13%, according to Bloomberg Intelligence. At the same time, dormant trades of all sorts have staged a comeback: Nine of the 20 worst-performing equity mutual funds of 2024 are posting positive returns this year.

These and other planned initiatives follow a directive by finance and corporate affairs minister Nirmala Sitharaman to take swift remedial measures amid complaints of delay in transfers, according to people familiar with the matter.

Stock exchanges will be closed on Good Friday, marking the end of April’s market holidays. The next trading breaks are scheduled for Maharashtra Day, Independence Day, and Ganesh Chaturthi. The past week saw a strong market rally fueled by positive economic factors and favorable forecasts, leading to sector- and stock-specific investment strategies.

Gensol Engineering faces a corporate governance crisis as independent directors Harsh Singh and Kuljit Singh Popli resigned following promoters’ offer to step down. SEBI barred the promoters from the securities market, alleging financial misconduct, including misuse of loans and diversion of funds for personal luxuries.

The performance of Infosys in the March quarter on the revenue front was worse compared with peers Tata Consultancy Services (TCS) and Wipro.

This intervention led to a softening in market rates. The 10-year government bond yield declined by 15 basis points (bps) to 6.58% in March from 6.73% in February.