Today: 18 June 2026
Browse Category

BSE:FEDERALBNK 17 January 2026

Federal Bank share price jumps on Q3 beat — what to watch when India markets reopen

Federal Bank share price jumps on Q3 beat — what to watch when India markets reopen

Federal Bank shares surged 9.5% to ₹270.35 on Friday after reporting a December-quarter net profit of ₹1,041.21 crore and improved asset quality. The stock saw heavy trading, peaking at ₹278.40 on the NSE. Net interest margin rose to 3.18%, while gross NPA dropped to 1.72%. Management signaled plans to keep loan and deposit growth in the high teens.

Stock Market Today

  • Wolfspeed Stock Surges 8% After Sharp June Decline
    June 17, 2026, 8:15 PM EDT. Wolfspeed Inc. (NYSE:WOLF) shares rose 8.2% to $48.69 on Wednesday, rebounding from a 32.5% decline earlier in June. Investors engaged in bargain hunting following the steep drop. The rally reflects optimism about Wolfspeed's role in artificial intelligence and electric vehicle sectors. Last week, Wolfspeed unveiled its fifth-generation Silicon Carbide (SiC) MOSFET technology, boasting a 27% efficiency improvement over competitors. This innovation aims to reduce EV costs, enhance safety, increase mileage, and improve charging infrastructure. Wolfspeed highlighted applications beyond automotive, including industrial power supplies. Despite the stock's potential, some analysts suggest other AI-related stocks may offer higher upside with lower risk.

Latest articles

Wall Street Slips After Hours, Fed Flags Rate Risk

Wall Street Slips After Hours, Fed Flags Rate Risk

18 June 2026
S&P 500 plunged 1.2%, Nasdaq 1.3%, and Dow 507 points after the Fed held rates steady but signaled a possible hike, raising its 2026 rate forecast to 3.8% and PCE inflation projection to 3.6%; all 11 S&P sectors fell, megacap tech stocks slumped, and after-hours index ETFs stayed lower as traders face a shortened week before Juneteenth.
Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

18 June 2026
Meta plunged 5.5% to $567.58, underperforming the Nasdaq, after the Federal Reserve signaled possible future rate hikes and a key Meta executive tied to AI-agent work departed, raising pressure on Meta to prove its costly AI investments can deliver returns as higher rates threaten future profit values.
Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

18 June 2026
Microsoft plunged 3.8% to $378.91—outpacing the Nasdaq’s 1.3% drop—as investors reacted to a possible 2026 Fed rate hike and mounting scrutiny over Microsoft’s soaring AI spending, with capex projected at $190 billion for 2026 and a shareholder lawsuit alleging inadequate Azure growth disclosures adding further pressure.
Go toTop