Page 44 - Markets News
YES Bank falls 4% after Q1; JM Financial upgrades to 'Reduce' from 'Sell'
Post Q1 results, JM Financial has upgraded YES Bank to 'Reduce' from 'Sell', citing a gradual improvement in underlying fundamentals.
 "YES Bank falls 4% after Q1; JM Financial upgrades to 'Reduce' from 'Sell'")
Motilal Oswal sector of the week: Cement; check top bets, target here
According to Motilal Oswal, the cement sector presents an improving medium-term outlook and opportunities for investors
 "Motilal Oswal sector of the week: Cement; check top bets, target here")
RIL stock tests 100-DMA post Q1 results; tech analysts flag key levels
Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.
 "RIL stock tests 100-DMA post Q1 results; tech analysts flag key levels")
Mukul Agrawal portfolio stock Tatva Chintan Pharma zooms 20%; here's why
Tatva Chintan Pharma: The stock price of the specialty chemicals hit a 52-week high of ₹1,714.10, and rallied 43% thus far in July.
 "Mukul Agrawal portfolio stock Tatva Chintan Pharma zooms 20%; here's why")
PNB gains 6% post Q1; brokerages retain bullish view, see up to 22% upside
PNB Bank reported a jump in standalone profit for the first quarter to ₹5,253 crore on a year-on-year basis. The PSU lender's operating profit rose to ₹7,519 crore for June quarter.
 "PNB gains 6% post Q1; brokerages retain bullish view, see up to 22% upside")
Bajaj Auto Q1 preview: Volume growth to lift earnings; margins under watch
Brokerages expect Bajaj Auto to report strong Q1FY27 revenue growth, driven by volume expansion, export momentum, currency tailwinds, and a better product mix
 "Bajaj Auto Q1 preview: Volume growth to lift earnings; margins under watch")
HDFC Bank shares fall nearly 5% post Q1 results; analysts bullish
HDFC Bank reported a 5 per cent increase in standalone profit for the first quarter to ₹19,060 crore on a year-on-year basis. Total deposits increased 14.7 per cent Y-o-Y to ₹31.71 trillion
 "HDFC Bank shares fall nearly 5% post Q1 results; analysts bullish")
Nifty Bank index tanks 2%; HDFC Bank, Axis Bank plunge 5% post Q1 results
HDFC Bank and Axis Bank were down 5 per cent each, while Yes Bank and Kotak Mahindra Bank from the Nifty Bank index were down 4 per cent each in intra-day deals on Monday.
 "Nifty Bank index tanks 2%; HDFC Bank, Axis Bank plunge 5% post Q1 results")
Axis Bank falls 5% as analysts cut estimates post Q1 show; buy, sell, hold?
Axis Bank share price fell 5% after Q1FY27 results, as margin pressure and higher credit costs weighed on Street sentiment.
 "Axis Bank falls 5% as analysts cut estimates post Q1 show; buy, sell, hold?")
ICICI Bank shares jump 2.5% on Q1 beat; brokerages see up to 25% upside
ICICI Bank share price jumped 2.5 per cent in early trade on Monday after better-than-expected Q1 results. Brokerages see up to 25 per cent upside for the stock.
 "ICICI Bank shares jump 2.5% on Q1 beat; brokerages see up to 25% upside")
Reliance Industries gains 1% after Q1 results; should you take a fresh bet?
Reliance Industries reported better-than-expected earnings for the April-June quarter (Q1FY27), aided by stronger revenue and margins in its oil-to-chemicals (O2C) and digital services businesses
 "Reliance Industries gains 1% after Q1 results; should you take a fresh bet?")
RIL Q1FY27 results get brokerages' thumbs-up; here's what they said
Digital Services is likely to remain the biggest growth driver, contributing ~85 per cent to RIL's incremental consolidated EBITDA over FY26-28, wrote analysts at Motilal Oswal in a post results note.
 "RIL Q1FY27 results get brokerages' thumbs-up; here's what they said")
India FX traders eye oil prices, RBI defence; bonds bulls await index call
The rupee closed at 96.28 per dollar on Friday, down about 1% on the week, its steepest drop since May, the month in which the currency hit its all time-low of 96.96
 "India FX traders eye oil prices, RBI defence; bonds bulls await index call")
Stocks to Watch today: RIL, Vi, HDFC Bank, ICICI Bank, Axis Bank, JSW Steel
SML Mahindra, UltraTech Cement, Karur Vysya Bank and BlueStone Jewellery among top stocks slated to post their Q1 results today.
 "Stocks to Watch today: RIL, Vi, HDFC Bank, ICICI Bank, Axis Bank, JSW Steel")
Looking to buy? These 3 stocks deserve a spot in your portfolio; check why
Aakash Shah of Choice, has recommended buying shares of India Cements, Asian Paints, and CDSL
 "Looking to buy? These 3 stocks deserve a spot in your portfolio; check why")
Nifty outlook: Buy the dips, says Angel One; prefers PTC Ind, Zydus Life
Hitesh Rathi of Angel One recommends adopting a buy on dips approach for the Nifty, near key support zones in the benchmark indices
 "Nifty outlook: Buy the dips, says Angel One; prefers PTC Ind, Zydus Life")
Asian shares hesitant as oil prices climb, tech earnings come into focus
Brent crude climbed above $90 as the Gulf conflict intensified, reviving inflation worries and rate-hike bets ahead of earnings from major technology companies including Alphabet, Tesla and Intel
 "Asian shares hesitant as oil prices climb, tech earnings come into focus")
Trading ideas today: Piramal Pharma, Authum Investment, Vaibhav Global
Kunal Kamble of Bonanza has recommended three stocks to buy today - Piramal Pharma, Authum Investment, Vaibhav Global
 "Trading ideas today: Piramal Pharma, Authum Investment, Vaibhav Global")
Gross equity MF flows hit ₹4 trillion in H1CY26 despite slump in NFOs
Investors opted for proven schemes as the market turmoil continued, say experts
 "Gross equity MF flows hit ₹4 trillion in H1CY26 despite slump in NFOs")
IFSCA plans wider distribution of funds, to expand eligible jurisdictions
IFSCA proposes widening eligible jurisdictions for fund distribution in GIFT IFSC, allowing retail investors access to a broader range of global investment products
 "IFSCA plans wider distribution of funds, to expand eligible jurisdictions")