Q2 Results LIVE Updates: RIL shares up nearly 4%; RBL Bank stock surges 8.5%
CNBC TV18
Q2 Results LIVE Updates: The earnings season, which picked up over the weekend, will now witness a pause as the country celebrates Diwali over the next few days. However, multiple stocks are reacting to their numbers reported over the weekend. Reliance Industries, HDFC Bank, RBL Bank, ICICI Bank, IndusInd Bank, PNB, Federal Bank, REC, Bank of India, JSW Energy, L&T Technology Services, Crisil, India Cements,Yes Bank, Tejas Networks are among the companies reacting to their quarterly earnings today. In addition to these, a whole host of broader market names will also be reacting to results. CLSA has downgraded Dixon Technologies to outperform, AU Small Finance Bank has received upgrades from Citi and Nomura, while HSBC has upgraded Rallis India to hold. RBL Bank will also be reacting to the big Emirates-NBD deal, resulting in a fund infusion of over $3 billion. The stock though, has entered the F&O ban, which would mean no new positions on the stock.