Berger Paints climbed 5 per cent to Rs 352 after the company posted a better-than-expected 31 per cent year-on-year (YoY) growth in consolidated net profit at Rs 164 crore in Q1FY20
The company reported a healthy 41 per cent growth in consolidated net profit at Rs 189 crore in June quarter on strong performance by packaging film business.
As the market breadth turns negative, only sideways consolidation or V-shape recovery can revive the positive sentiment.
Here's a look at the top stocks that may remain in focus today.
Trade war worries hit global equities again on Monday, while stoking a rally in safe-haven assets including the Japanese yen, core government bonds and gold
Analysts say while the decision to slash duty on EVs is a step in the right direction, the proposal to hike registration and renewal charges will hurt the already ailing auto sector
Investors will keenly follow the Kashmir situation, corporate earnings, and global cues for market direction today.
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
Analysts say double-digit earnings growth necessary to sustain pricey stock valuations
Combined market cap of listed firms down Rs 14.8 trillion
The increase in tax surcharge, introduction of the buyback tax and a lack of stimulus to boost economic growth have left investors disappointed
In terms of traded volume, 22.03 lakh shares were traded on the BSE and over 1.97 crore shares on the NSE during the day
India, European biz underperformed, but the firm has maintained its FY20 revenue guidance
Scrapping of Kashmir autonomy, China yuan devaluation trigger fresh risk-off bets
While oil & gas and zinc segments may provide some cushion to earnings, declining base metal prices will keep sentiment subdued
Wants them to strengthen due-diligence processes
Ajay Tyagi said Sebi would take up regulations which can be followed straight away by the PSUs
The rankings are part of the World's Most Influential People in Market Structure, also known as The Exchange Invest 1000
Soon, we will be releasing a consultation paper on fiduciaries, which includes auditors,says Sebi chairman
Move will improve supervision and bring cases violations to the notice of Sebi