Market & Banking
The financial landscape of India has seen considerable activity. HDFC Bank's Q3 net profit rose to Rs 18,653.75 crore, even though its shares traded in the
red. RBL Bank's net profit surged 5.5x to Rs 214 crore, while Yes Bank saw a 55.4% year-on-year increase in net profit, reaching Rs 952 crore. PNB's net profit rose by 11.6% year-on-year to Rs 5,189.8 crore. ICICI Bank reported a 4% year-on-year drop in net profit, totaling Rs 11,317.86 crore, causing investors to engage in profit booking. The stock market experienced a decline, with the Sensex dropping by 324 points, and the Nifty reaching 25,586.
Taxation Insights
Significant changes are coming to India's tax system. A new income tax regime is set to be effective from April 1, aiming to simplify provisions for taxpayers. Experts suggest ways to make the new tax regime more attractive. There's also the possibility of joint tax filing for married couples. Taxpayers are advised on actions to take if their ITR refunds are delayed, including checking the reasons for delays and the rules regarding interest. The income tax department monitors online spending and digital activity to some extent. Additionally, the Union Budget 2026 is expected to bring clarity on taxes and faster dispute resolution, with the real estate industry calling for tax relief and stable policies.
Real Estate Sector
The real estate market shows signs of growth and regulatory changes. In 2025, India's industrial and warehousing demand increased by 16%. Gurugram attracted Rs 86,588 crore in real estate investments in 2025, with RERA clearing 131 projects. Capital inflows into India's real estate sector surged by 25% to a record $14.3 billion in 2025. A new flat scheme is anticipated in an NCR city. A new order in Bengaluru changes rules about possession. Office occupancy in Delhi-NCR is expected to surpass 80% by 2027. The real estate sentiment stabilized in Q4 2025, aided by office demand and funding outlook.
IPOs & Investments
The IPO market is active, and there are various investment opportunities. The Bharat Coking Coal IPO opened, with strong subscription numbers; the GMP (Grey Market Premium) indicated potential gains. Coca-Cola plans a $1 billion IPO of its Indian bottling arm HCCB in 2026. Avana Electrosystems IPO had a strong subscription rate, with the GMP at 22%. Investors in Sovereign Gold Bonds received a 315% return as the RBI announced early redemption for this SGB series. HDFC Securities recommends specific stocks for SIPs in 2026. The NSE IPO nears regulatory clearance. The SEBI chief's visit to Tirupati was seen as a positive sign for IPOs.
Gold, Silver, & Banks
The prices of precious metals and banking operations saw several fluctuations. Gold and silver prices showed volatility. Some financial experts discussed factors expected to boost bullion prices. Karur Vysya Bank launched a capital gains account for tax relief. The RBI launched an Integrated Ombudsman Scheme in 2026, with grievance redressal going live from July 1. Banks might face closures for multiple days, and employees called for a strike demanding a five-day work week. Banks have revised card benefits, especially for airport lounge access. HDFC Bank updated its debit card lounge access rules.
Other Financial News
Other financial developments include IndiGo shares jumping 3.5% despite a record fine of Rs 22 crore. A new salary account for government staff offers free insurance up to Rs 2 crore and cheaper loans. Refund delays have caused concern, and guidance is available on whom to contact if an ITR refund hasn't been received. It has also been reported on the steps to take if a notice has been received from the Income Tax Department. Additionally, there were articles on bulk and block deals and how they can change a stock's price overnight.
