EBIT margin of the company is expected to decline 140 bps QoQ to 12.2 per cent while EBITDA margin is seen falling 139 bps to 14.5 per cent, say analysts at Prabhudas Lilladher.
According to media reports, SpiceJet and IndiGo will add close to 50 aircraft over the next few months to fill up the capacity shortage caused by the crisis in Jet Airways
Reports also suggested that founder Naresh Goyal has withdrawn from the bidding process.
The stock hit a 6-month high of Rs 2,149, up 2 per cent on Tuesday, extending its Monday's 5 per cent rally on the BSE.
Goldman Sachs raised the price target on the stock to Rs 492 from Rs 451 and maintained 'buy' rating
For Wipro, Rising channel pattern resistance falls at Rs 310 levels. A Golden Crossover on Mindtree chart lead to Rs 1080
On Monday, the stock of Metropolis Healthcare, a diagnostics company, settled nine per cent higher compared to the issue price on its stock market debut.
As per the Elliot Wave Theory, we are in the fifth wave of an immediate trend and the third wave of the Big Bull Run.The corrective phase within the wave count includes low of 4,531 and 6,821
The domestic unit declined by 25 paise to close at 69.42 on Monday as forex traders turned cautious in a holiday-truncated week.
Here's a look at the top stocks that may remain in focus today -
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
All eyes will be on Wipro on Tuesday as the IT major reports its FY19 March quarter results.
The fund house seeks to differentiate itself in the 41-player MF industry
Predictions for below-average rain by a private forecast earlier this month has raised the specter of increasing food costs combining with higher oil prices
Anticipation of rise in operating costs and further pressure on margins may drag sentiment around the stock
Sebi has approved a proposal to allow MFs, regulations for which are being prepared
Nifty, Bank Nifty, Infosys, HDFC Bank and Coal India
The Nifty has run to recent highs above 11,700 after it broke out beyond 11,000 a month ago
These passive investment vehicles have assets under management (AUMs) of $286 billion