Failure to exit a trade may create disparity on the breakout strategy.
The quarterly results announcement by Reliance Industries and HDFC will be the major market mover today. Analysts expect a dent in RIL's retail and energy verticals in the June quarter
The Sensex closed at 38,071, down 422 points, or 1.1 per cent. Nearly 4 per cent decline in RIL accounted for 57 per cent of the losses
Shipments of the raw material from India more than doubled to 20 million tonne in the six months through June from a year earlier, according to China's Customs data
Normalising US and India sales likely to drive earnings in FY21
The decision has been taken in view of the prevailing situation due to the Covid-19 pandemic and partial lockdowns in various areas of the country
News date set at Sept 15; Sebi has also extended compliance deadline for submission of annual system audit and redressal of investor grievances
The period from March 23 till September 30 shall be excluded for computing the existing timelines for compliance, Sebi said in the circular
The company said closure of scheduled operations till May 24, 2020 and lower capacity deployment thereafter on account of Covid-19 significantly impacted the quarterly results
Besides the impact of Covid-19, sluggish loan growth due to merger integration, moratorium and delay in the resolution of NCLT accounts are some of the factors that are likely to dent earnings
Maruti posts 1st quarterly consolidated loss in 15 yrs; stock ends over 1.5% lower. IndiGo reports Q1 loss at Rs 2,844 crore
The company sold 76,599 vehicles in Q1FY21, down 81 per cent from 4,02,600 units sold in Q1FY20
Analysts at Centrum Broking estimate the airline to clock a net loss of Rs 2,672.6 crore driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs
All that happened in the markets today
The company's consolidated revenues rose 15 per cent to Rs 4,418 crore, mainly due to growth in US formulations
UCO Bank, Central Bank of India and Bank of Maharashtra surged more than 5%, while Bank of India, Union Bank of India, PNB, IOB, Bank of Baroda and SBI were up in the range of 2% to 4% on the NSE
JK Lakshmi Cement, UltraTech Cement, HeidelbergCement India, Dalmia Bharat and JK Cement were up in the range of 2 per cent to 4 per cent on the BSE
Global markets have bounced back sharply from their 2020 lows. And they may not be done yet if the 'equity risk-love' indicator is to go by
Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic
The company reported an 11.14 per cent increase in net profit at Rs 486.60 crore for the quarter ended June 2020, helped by an increase in sales.