Technical analysts at ICICI Securities expect the stock to maintain positive bias and head towards Rs 171 levels in the coming sessions
The bank's Q4 net zoomed 134 per cent to Rs 802.62 crore from Rs 342.73 crore in the year ago period.
Adani Total Gas and Ambuja Cements are scheduled to announce their Q4FY23 results today. Adani Wilmar will announce its Q4FY23 numbers on May 3; Adani Enterprises on May 4; and Adani Power on May 5
The company will also announce its March quarter and FY23 earnings on Thursday.
Stocks to Watch on May 02: On the earnings front, Ambuja Cements, Adani Total Gas, PSB, Tata Steel and Uco Bank are likely to be on investors radar on Tuesday.
According to the technical analyst, traders are highly recommended to accumulate the Nifty and its underlying constituents during any dips, preferably near the support levels
Capital markets regulator Sebi has slapped a fine of Rs 10 lakh on brokerage firm Angel Broking Ltd for alleged violation of regulatory norms
Financial institutions, including banks, accounted for the highest mobilisation at Rs 4.2 trillion, up 12 per cent over FY22
Here are five mid- and small-cap stocks that have the potential to gain the most if this rally sustains
Sebi may exercise info-sharing rights under IOSCO, MoUs with nations
The company is scheduled to announce its earnings for the March quarter on Thursday
Markets regulator Sebi has cancelled the registration of brokerage house CNB Commodities for participating in illegal 'paired contracts' launched by the now defunct National Spot Exchange Ltd (NSEL)
That highlights the risk of mispricing in short-term interest rates market, which are pricing in one to two quarter-point rate cuts by the end of this year
Weighing on risk sentiment on Monday was the unexpected contraction in China's manufacturing activity in April
There will be no trading at the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today
Sources said Sebi has been writing to various regulators in several jurisdictions over the past few weeks regarding the Adani issue
The broking community is on the edge as the new penalty structure on intraday margin shortfall comes into effect on May 2
Global economy was once again beginning to stare at the possibility of economic slowdown as fears re-emerged over the possibility of economic recession in the US owing to another banking crisis
The moderation in valuation, following a near-10 per cent correction between December and March, also made investors look at India more favourably
Global investment firm Blackstone-sponsored Nexus Select Trust will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT initial public offering (IPO)