Naha says that fears of a recession are less of a concern for India than the developed markets and that domestic equities are likely to remain more insulated to global macro challenges.
Stocks to Watch today: Britannia Industries, GAIL, Adani Enterprises, LIC Housing Finance, and Dabur India will be on the radar ahead of their Q1 results.
The Indian rupee has reversed its slide amid a weakening in the US dollar index, and a halt in foreign investors' selling spree. Find out the sectors that can benefit the most from the current trend
Whether the recent strength in the currency will sustain or not depends on the monetary policy trajectory of the Reserve Bank of India, foreign flows, and crude oil prices, experts said.
Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.
Stocks to Watch today: Cigarettes-to-hotels major ITC on Monday reported a 33.98 per cent year-on-year (YoY) jump in its consolidated net profit, which came in at Rs 4,389.76 crore
Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.
Analysts are wary of companies majorly focused in the low-margin milk segment as they believe firms with a strong market share in value-added products (VAPs) are more likely to sustain in the industry
It has reported an Ebitda (earnings before interest, tax, depreciation and ammortisation) of Rs 2,884 crore (including other operating revenues), with the Ebitda margin at 26.8 per cent.
Cipla Q1 results preview: Analysts attribute the likely dull performance due to the high base of last year, and the reduction in revenue contribution from Covid-19 therapies in the recent quarter.
Sun Pharma Q1FY23 results: Prabhudas Lilladher foresees the company's net profit to rise 27 per cent year-on-year (YoY) to Rs 1,786 crores from Rs 1,445 crores in the year-ago quarter.
Dr Reddy's Labs Q1 results preview: Analysts said that despite pricing pressures in the US, the company is likely to have recorded steady growth in this segment due to a ramp-up of new products.
Tata Motors Q1 results preview: The likely subdued performance would be led by chip shortage woes at UK subsidiary JLR, cost input pressures, and negative operating leverage, said analysts
The Q1 results of IT companies were disappointing as the profitability margins came lower than estimated. With a US recession on the horizon, are there reasons to worry about the IT sector's health?
Benchmark indices soared over 4% last week. Return of foreign investors and easing in commodity prices breathed a new life into the Indian equities. Know more about this bull run
While analysts feel the fundamental backdrop has not drastically changed, a combination of domestic and global factors have lowered investors' apprehension.
Notwithstanding soaring input costs and supply snags, market has been bullish on fertiliser companies, thanks to the govt's subsidy support. But why are analysts cautious on fertiliser companies?
Fertiliser Stocks: The risk of a breach of the government's fiscal deficit target could play a spoilsport for the sector as it could prompt the Centre to cut back on subsidy support, analysts believe
HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.
On the flipside, the company's Ebit margins are expected to decline by up to 108 bps to 16.9 per cent over the preceding quarter due to elevated attrition.