Today: 9 April 2026
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NSE:UJJIVANSFB 5 January 2026

India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

CSB Bank shares jumped 7.8% to a record high after reporting 21% deposit growth and a 29% rise in gross advances for the December quarter. Financial stocks rallied, with the BSE Financial Services index and major lenders like State Bank of India and Bank of Baroda hitting new highs. Ujjivan Small Finance Bank also posted strong deposit and loan growth, while its gross NPA ratio improved. Indian benchmark indexes were little changed overall.

Stock Market Today

  • Nasdaq 100 Movers: Marvell Up 3.6%, Zscaler Drops 7%
    April 9, 2026, 10:57 AM EDT. Marvell Technology (MRVL) led gains in early Nasdaq 100 trading Thursday, rising 3.6%, extending its year-to-date gain to 39.5%. Zscaler (ZS) fell 7.0%, marking the biggest decline among Nasdaq 100 components for the session and deepening its year-to-date loss to around 43%. Axon Enterprise (AXON) also declined 5.0%, while Texas Instruments (TXN) climbed 2.0%. These moves underscore mixed sentiment across tech stocks on the index.

Latest article

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

9 April 2026
SoFi Technologies shares fell 1.9% to $16.18 Thursday after KBW and Wells Fargo cut price targets ahead of first-quarter results due April 29. The moves follow Muddy Waters’ short position and claims of accounting issues, which SoFi denies. Affirm and LendingClub also traded lower. Barclays and other banks have trimmed targets as concerns mount over credit quality and sector valuations.
Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

9 April 2026
Tesla is developing a smaller, cheaper electric SUV to be built first in Shanghai, sources said. The new model would cost less than the Model 3 and be smaller than the Model Y. Tesla produced 408,386 vehicles but delivered only 358,023 in Q1, as U.S. demand weakened and competition increased. Shares fell 0.8% Thursday.
Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

9 April 2026
Grab Holdings launched 13 new AI-powered products in Jakarta, including a “Group Ride” feature that can cut fares by up to 40% for shared routes. CEO Anthony Tan said the tools aim to offset rising fuel costs and support demand as households tighten spending. The company’s 2026 revenue and profit forecasts remain below analyst expectations. Grab’s $600 million deal to buy Foodpanda Taiwan is pending regulatory approval.
Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

9 April 2026
Nokia was named a Leader and Outperformer in GigaOm’s 2026 Radar for data center switching for the fifth year in a row, competing with Cisco, Arista, and HPE Juniper. Shares fell 1.05% in Helsinki ahead of Thursday’s annual meeting, where board changes and a dividend of up to 14 euro cents per share will be considered.
American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

9 April 2026
The FAA proposed a $255,000 civil penalty against American Airlines, alleging the carrier allowed 12 flight attendants who tested positive for drugs or alcohol to return to safety-sensitive duties before completing required follow-up tests. The alleged violations occurred from May 2019 to December 2023. American has 30 days to respond. The airline said it is reviewing the notice.
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