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NSE:SIB 21 October 2025

South Indian Bank Stock Soars to Record High on Q2 Earnings – Will ₹50 Be Next?

South Indian Bank Stock Soars to Record High on Q2 Earnings – Will ₹50 Be Next?

South Indian Bank shares hit a record ₹38.44 on October 21, 2025, after strong Q2 earnings and a surge in trading volumes. Net profit rose 8.2% to ₹351.6 crore, while gross NPA fell to 2.93%. High-net-worth investor Aditya Kumar Halwasiya bought a 0.76% stake during the rally. Brokerages raised targets to ₹42, citing improved fundamentals and steady loan growth.

Stock Market Today

  • Nasdaq's Tokenization Plan Gains SEC Approval, Integrating Blockchain with Wall Street
    March 20, 2026, 1:40 PM EDT. The SEC's approval of Nasdaq's tokenized securities framework marks a significant move towards integrating blockchain technology into the U.S. equity market. This initiative allows certain stocks and ETFs to be issued and settled as blockchain-based tokens, which can be held in digital wallets with clearing handled by the Depository Trust & Clearing Corporation (DTCC). While this enables near-instant settlement and potential 24/7 trading, Nasdaq's approach maintains traditional financial system controls, keeping tokenized stocks within a permissioned environment that uses blockchain mainly as an alternative record. Experts highlight the benefits for global investors, although they caution that without broader onchain liquidity and non-custodial trading, efficiency gains will be more incremental than transformative.
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