The management said the performance is expected to normalize during upcoming quarters
Platts Analytics sees oil prices struggling to go beyond the mid-$40s/bbl mark by the end of calendar year 2020 (CY20) before creeping up to $50/b by end-2021
Here's a look at the stocks that may trade actively in today's session.
A total of 45 companies, including Indiabulls Ventures, and Eveready Industries are scheduled to announce their June quarter earnings today
It would be advisable to remain bearish in the market unless Nifty surpasses the resistance of 11,585
Q1 was better than estimates, but the 44 per cent drop in billing points to a weak revenue and margin outlook
Higher share of patented products, scope for margin improvement and chronic portfolio are key positives
Major global indices have all gained 37 per cent to 75 per cent since their respective March 2020 low
'Markets have generally been more expensive than the historical averages for some time now', said Parekh
Rs 900-crore share sale gets bids worth Rs 720 crore from institutional investors; retail portion to be auctioned on Wednesday
The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22
Open-ended schemes' outflows have surpassed Rs 2,480 crore outflows seen in July-their first after over four years
Benefits will be restricted to Rs 2 crore per exporter from Sep 1 to Dec 31, and may be discontinued from Jan 1, 2021
Crude futures in London, on Tuesday, fell below $40 a barrel for the first time since June 25
While corporate loans shall be restructured, retail and SME loans are at lenders' discretion
Management commentary regarding asset quality and restructuring for the September quarter earnings would be a key monitorable
Among individual stocks, Bharti Airtel traded lower for the fourth straight day on Tuesday. The stock hit a four-month low during the trade
All that happened in the markets today
In the past four trading days, shares of the company have underperformed the market by falling 10 per cent, as compared to a 2 per cent decline in the S&P BSE Sensex.
On September 7, Gautam Gopikishan Makharia bought 197,950 equity shares, representing 0.64 per cent of total equity, of Shree Pushkar Chemicals at price of Rs 104.18 per share on the NSE