Page 2315 - Markets News

HCL Tech to announce Q1 result today; here's what brokerages expect

HCL Tech, according to ICICI Securities, is expected to report 8 per cent quarter-on-quarter (QoQ) dip in dollar revenues to US$2339 million

Market Ahead, July 17: Top factors that could guide markets today

A total of 32 companies including Britannia Industries, HCL Tech, and ICICI Lombard are scheduled to announce their quarterly results

Britannia Q1 preview: Revenue may rise up to 22% on strong volume growth

The net profit of the company is estimated to jump up to 62 per cent year-on-year (YoY) owing to lower tax rate benefit.

HDFC Bank Q1 preview: Moratorium to contain slippages; recovery trends eyed

For the Q1FY21, the bank is expected to report around 20 per cent year-on-year (YoY) growth in net profit. Besides, asset quality is seen stable owing to the moratorium being provided by the RBI

Buy calls increase for RIL shares on the back of big-ticket announcements

Ambani said the Aramco deal had not progressed according to the timeline because of unforeseen circumstances and Covid-19

Infosys soars 10% after Q1 showing; Sensex ends 419 points higher

M&M, Nestle India, IndusInd Bank, Kotak Bank, HCL Tech, Bajaj Finance and Axis Bank were the other gainers, spurting up to 3.81 per cent

Mega deals see global funds grab lion's share of PE, VC investment in India

The bulk of the $9.5 billion invested in Jio Platforms until June 30, for instance, was from global investors, including sovereign wealth funds

Strong metro rail orders, indigenisation initiatives bode well for BEML

New project wins and other segments will strengthen the already strong revenue visibility of 3.5 years

Hope rally in diagnostic stocks may fizzle on disruption in OPD services

Lower surgeries and rising costs also likely to impact earnings; valuations too are rich

Equity schemes with sizeable cash holdings likely to see limited gains

According to data sourced from primemfdatabase.com, as many as eleven small-cap schemes held 7 per cent of their asset base in cash at the end of June

JM Financial's Atul Saraogi settles insider trading case with Sebi

During November 2013 to December 2016, the Sebi had conducted an investigation in case of alleged insider trading by Saraogi

Sebi imposes Rs 5 lakh fine on Edelweiss Financial's compliance officer

Renganathan was the compliance officer and company secretary of EFSL during the investigation period, according to the Sebi order.

P-notes investment in capital market climbs to Rs 62,138 cr till June

The figure at March-end was the lowest level of investment since October 2004, when the total value of P-note investments in the Indian markets stood at Rs 44,586 crore

Market Wrap, July 16: Here's all that happened in the markets today

Benchmark indices ended Thursday's volatile session on a positive territory, led by a rally in Infosys and select financial counters

MARKET WRAP: Sensex up 420 pts as Infosys rallies 10%, Nifty ends at 10,740

All that happened in the markets today

Bajaj Consumer Care zooms 20% on healthy operational performance in Q1

In Q1FY21, EBITDA (earnings before interest, taxes, depreciation, and amortization) margins came at 30.42 per cent against brokerage estimate of around 20.5 per cent.

Aditya Birla Fashions' rights entitlement shares tumble 39%

The dealings in the REs for Renunciation of Aditya Birla Fashion and Retail Ltd were permitted on BSE with effect from the July 8, 2020 and will close on July 17, 2020

DMart slips 15% in 4 days, hits over 3-month low on weak Q1 earnings

The stock has fallen below its QIP issue price of Rs 2,049 per share

ICICI Securities hits fresh all-time high; stock surges 38% in a month

Elara Capital expects the company's broking revenue to go up 11 per cent QoQ and 40 per cent YoY in 1QFY21

Infosys, Wipro, TCS: Charts suggest more upside potential for IT stocks

For Nifty IT, the immediate support comes in at 16,400 levels on a closing basis and the rally should move towards 17,500 and 17,700 levels.