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NSE:IOB 17 December 2025 - 14 January 2026

Sensex slips again, Nifty ends below 25,700 as tariff worries bite — Infosys earnings land after the bell

Sensex slips again, Nifty ends below 25,700 as tariff worries bite — Infosys earnings land after the bell

Indian shares fell Wednesday, with the Nifty 50 down 0.26% and Sensex losing 0.29%, marking seven losses in eight sessions. Foreign investors have pulled $2 billion from Indian stocks this month. State-run banks outperformed, with Union Bank of India up 7.9% after a 9% profit rise, while IT stocks lagged. Markets will close Thursday for Maharashtra municipal elections.
Indian Overseas Bank OFS on Dec 17, 2025: Government Sells Up to 3% Stake at ₹34 Floor Price; Retail Bidding Opens Dec 18

Indian Overseas Bank OFS on Dec 17, 2025: Government Sells Up to 3% Stake at ₹34 Floor Price; Retail Bidding Opens Dec 18

India’s government launched a two-day Offer for Sale in Indian Overseas Bank on Dec. 17, offering up to 3% equity at a floor price of ₹34 per share. IOB shares fell 3–4% intraday as the discounted sale opened for non-retail investors. The government aims to raise up to ₹1,964 crore if the full 3% is sold. The Centre currently holds 94.61% in IOB.
17 December 2025

Stock Market Today

  • Alphabet Q1 Earnings Surpass Expectations Led by Strong Cloud Growth
    April 29, 2026, 4:29 PM EDT. Alphabet reported better-than-expected first-quarter revenue of $109.9 billion, exceeding analyst estimates of $107.2 billion, driven by robust Google Cloud sales which reached $20.02 billion versus $18.05 billion forecast. Earnings per share came in at $5.11, though comparability to the $2.63 analyst estimate remains unclear. YouTube advertising revenue fell slightly short at $9.88 billion compared to $9.99 billion expected. Traffic acquisition costs were slightly lower at $15.22 billion, below the $15.3 billion estimate. Alphabet's solid cloud performance signals sustained growth amid mixed advertising results, underscoring its diversified revenue streams as reported Wednesday after market close.

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Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

29 April 2026
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million, up 11%, and non-GAAP earnings of 26 cents per share, both above estimates. The company forecast Q4 revenue of $330–$335 million, topping FactSet’s $326.9 million estimate. SaaS annual recurring revenue rose 28.6% to $236.4 million. Net income climbed to $10.6 million from $3.5 million a year earlier.
Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

29 April 2026
Wall Street’s April rally paused Wednesday as the Fed held rates steady in a split decision and oil surged, with Brent crude up 7.34%. The Dow fell 0.56%, S&P 500 slipped 0.04%, and Nasdaq edged up 0.05%. The Fed’s vote was its most divided since 1992, with eight officials backing the hold and one calling for an immediate cut. Investors awaited earnings from Microsoft, Alphabet, Amazon, and Meta.
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