Kotak Mahindra Bank shares lead Nifty 50 gainers after Q2 results, brokerages lift targets

On 26th October 2026, the Q2 results of numerous Indian companies were announced, causing fluctuations in the stock market. Paytm reported a net profit increase of 6.2% year-on-year, while Tata Consumer Products saw a significant rise of INR 4.69 billion for the quarter. However, Infosys' shares declined to INR 1,107 on the NSE, with a revenue miss and a further guidance cut.

Ather Energy reported a loss of INR 651 million for the quarter, followed by a loss in major sectors such as hi-tech and retail, while energy and life sciences showed sharp growth. Tata Motors reported a net income of INR 12.6 billion, reversing a previous loss. Notably, Shriram Finance saw a remarkable 59% increase in net income to INR 36.77 billion.

The market responded accordingly, with Sensex falling by 414.35 points or 0.57% to 72,709.48 and Nifty 50 depreciating by 147.30 points or 0.65% to 22,452.70.