# NSE reports 23% profit jump, SBI net rises 14% in Q2 results

2026-11-04T04:42:52+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 3 independent outlets

National Stock Exchange of India posted a 23% year-on-year rise in consolidated net profit to ₹2,578 crore for Q2FY27, its first quarterly earnings since its stock market debut in September 2026. State Bank of India reported a 14% growth in standalone net profit to ₹23,038 crore for the same quarter. Multi Commodity Exchange of India saw net profit jump 130% to ₹454.57 crore. Bata India logged a 28.6% net profit rise to ₹18 crore, while Awfis Space Solutions reported a 93.7% jump to ₹31 crore. Chambal Fertilisers posted a 2.6% net profit decline to ₹632 crore. V-Mart Retail widened its net loss to ₹16 crore. Indian Energy Exchange said electricity traded volume grew 16.5% in October. GIFT Nifty traded around 23,718, down 0.17%, signalling a weak opening on Wednesday, 4 November. Results are due from Apollo Hospitals, Nykaa, Lenskart, Dabur India and others on Wednesday.

## Indian Opinion Analysis

All three outlets published near-identical market-opening notes and earnings summaries, reflecting their reliance on exchange filings and wire copy. NDTV Profit led with NSE’s 23% profit jump and its first quarterly report since its listing, while both Livemint and Business Standard carried the same NSE figures, 23% (Livemint) and 22.8% (Business Standard), a minor rounding difference typical of source material. Livemint added the GIFT Nifty opening signal and the previous session’s Sensex and Nifty closing levels, giving context absent from the others. Business Standard included global market cues and oil prices, broadening the macro picture. None of the three outlets displayed a discernible slant. The coverage is uniformly straight-report, with each outlet padding out the same corporate results with slightly different framing details. Readers can trust the core numbers, differences are editorial selection of which results to list, not factual disagreements.

## Coverage

Coverage: 3 sources, 3 neutral
- ndtvprofit.com (neutral report) <https://www.ndtvprofit.com/markets/stocks-to-watch-today-nse-bata-india-mcx-iex-m-k-sons-fine-jewels-dabur-india-more-12278797#publisher=newsstand>
  Led with NSE earnings, neutral listing of results
- livemint.com (neutral report) <https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-bse-nykaa-nse-sbi-iex-shares-in-focus-on-wednesday-4-nov-full-list-11793755813757.html>
  Added market opening context, neutral results compilation
- business-standard.com (neutral report) <https://www.business-standard.com/markets/news/stocks-to-watch-nse-bata-india-hindustan-zinc-nykaa-ask-automotive-126110400118_1.html>
  Included global cues and oil, neutral earnings round-up

This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry.

Tags: Bata India, Chambal Fertilisers, IEX, MCX, NSE, SBI
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
