Early election trends in West Bengal showing a strong lead for the BJP sparked a sharp surge in Kolkata-linked stocks. Baazar Style Retail, Senco Gold and CESC jumped as investors bet on higher consumption and improved economic activity. But market watchers caution the impact may be short-lived if political momentum doesn’t translate into lasting results.
Equitas Small Finance Bank shares rallied about 7% after the lender reported a 406% jump in fourth-quarter net profit for FY26 to Rs 213 crore. The strong showing was linked to business expansion, better asset quality, and faster growth in advances and disbursements, alongside an uptick in profitability metrics including net interest margin.
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