Dalal Street Week Ahead: Volatility to stay elevated, traders urged to stay nimble

Markets experienced a sharp corrective move, with Nifty ending lower after a volatile week and breaking below key technical levels. India VIX surged, signaling increased risk perception. Despite a potential technical rebound due to oversold conditions, volatility is expected to remain elevated, especially with F&O expiry.

Adani Group clarifies on US SEC summons report; says no allegations against company

Adani Group companies clarified via stock exchange filings that they are not parties to any US SEC legal proceedings. Reports indicated the SEC sought court approval to serve summons to Gautam Adani and Sagar Adani via email after Indian authorities denied previous requests. The group reiterated no allegations are against the company.

Kotak Mahindra Bank Q3 net profit up 4%, slightly below estimates; asset quality improves

Kotak Mahindra Bank reported a consolidated PAT of ₹3,446 crore for Q3 FY26, up 4.3% YoY, slightly below estimates. Net interest income rose 5.1% to ₹7,564 crore. Asset quality improved with gross NPA at 1.30% and net NPA at 0.31%. Consolidated customer assets grew 15% YoY to ₹598,780 crore, and domestic MF AUM rose 20% to ₹586,610 crore.