NIFTY crosses 25,850 mark, SENSEX jumps 465 points in noon deals; SBI, Vi, JK Tyre, PFC, REC among buzzing stocks

The NIFTY50 climbed 0.62% to 25,853.75, while SENSEX jumped 465 points, or 0.56%, to 84,046 at 12:13 pm.

On the other hand, Max Healthcare, ITC, ICICI Bank, Nestle India, ONGC, Infosys, NTPC, Coal India, HDFC Bank, Bajaj Finance, PowerGrid, Bajaj Finserv, HUL and Tata Consumer Products were among the laggards.

State Bank of India

The bank's core net interest income (NII) on a standalone basis advanced 9.04% to ₹45,190 crore in Q3 FY26 from ₹41,446 crore in the year-ago period due to 15.14% loan growth and a 0.03% compression in the domestic net interest margin at 3.12%.

Vodafone Idea

Of this, he acquired 2.21 crore shares on January 30 at an average price of ₹10.95 per share. He brought another 1.88 crore shares on February 1 at the average price of ₹11.13 per share.

JK Tyre

JK Tyre & Industries recorded a more than three-fold increase in consolidated profit after tax at ₹208 crore in the reporting quarter, led by strong performance in the domestic market. It had posted a net profit of ₹53 crore for the October-December period of FY25.

Its revenue from operations climbed 14.94% to ₹4,223 crore for the quarter under review as against ₹3,674 crore in the year-ago period.

The company's board also approved capacity expansion of Truck & Bus Radial (TBFR) tyres, All Steel Light Truck Radial (ASLTFt) tyres and Passenger Car Radial (PCR) tyres for ₹1,130 crore.

Kalyan Jewellers

Shares of Kalyan Jewellers India soared 12.26% to ₹426.9 per unit on the NSE after the jewellery retailer reported a 90.36% rise in consolidated profit after tax to ₹416.29 crore for the third quarter ended December 2025.

The company had recorded a net profit of ₹218.68 crore in the year-ago period, Kalyan Jewellers said in a statement.

Its revenue from operations grew 42.11% in Q3 FY26 to ₹10,343.41 crore as against ₹7,278.09 crore in the year-ago period.

PFC and REC

After the merger, PFC will continue to be a 'government company'.

Earlier, pursuant to the 'In Principle' nod of the Cabinet Committee on Economic Affairs, PFC acquired 52.63% of the government's holding in REC for ₹14,500 crore in March 2019.

Accordingly, REC has been operating as a subsidiary firm of state-owned PFC. "The Board of Directors of PFC took note of the budget announcement and accorded its in-principle approval for restructuring in the form of a merger of PFC and REC, while ensuring that, post-merger, PFC continues to remain as a 'Government Company' under the Companies Act, 2013, and other applicable laws," according to the regulatory filing.