HDFC Bank Q2 results: Q2-FY24 will be the first quarter post the merger and, thus, there is likely to be a fair degree of volatility over estimates, analysts said
The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction. The activities of Foreign Institutional Investors (FIIs) will be important, given their recent consistent selling streak," Santosh Meena, Head of Research, Swastika Investmart Ltd. Foreign investors have pulled out nearly Rs 9,800 crore from Indian equities this month so far owing to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. It was a tumultuous week in the market, marked by significant events and high volatility. Despite this, the market closed on a positive note, largely attributed to strong domestic liquidity. Last
Brokerages see profit growth at 19.6%, slower than Q1
Both benchmark indices at fresh highs
Closing Bell on August 14, 2023: In the broader markets, the BSE MidCap and SmallCap indices underperformed the benchmarks as they fell 0.5 per cent each
CLOSING BELL ON AUGUST 11, 2023: 14 out of the Sensex 30 stocks declined over a per cent each, while HCL Tech gained 3 per cent on Friday.
CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.
CLOSING BELL ON AUGUST 08, 2023: The NSE Nifty 50 ended 26 points lower at 19,571. Tech Mahindra, Wipro and Bajaj twins bucked the trend and finished with notable gains on Tuesday.
Closing Bell on August 7: Among sectors, Nifty Healthcare, Nifty Pharma, and Nifty IT indices emerged as the top leaders, gaining up to 2 per cent
The combined net sales of all companies in the sample were up just 7.3 per cent YoY in Q1FY24, the lowest in the past 10 quarters
Stocks to Watch today, August 4: 2023: Food aggregator platform Zomato turned profitable for the first time ever in Q1FY24
Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business
The Dow Jones Industrial Average rose 0.11%, to 35,499.78, the S&P 500 was little changed at 4,582.45 and the Nasdaq Composite added 0.07%, to 14,326.87
Stocks to Watch on Monday, July 31: Adani Green, Adani Transmission, GAIL India, Go Fashion (India), and Maruti Suzuki are among top companies due to report their Q1FY24 earnings today
The stock of the public sector bank hit its highest level since August 2018
The 271 companies in our sample together spent Rs 21,183 crore on interest expenses in Q1FY24 up from Rs 15,552 crore a year ago and Rs 20,498 crore in Q4FY23
Cipla Q1 preview: The company's domestic business can grow 15 per cent quarter-on-quarter (QoQ), while US business could contract by up to 4 per cent QoQ to $195 million
ICICI Bank Q1FY24 results: At the bourses, shares of ICICI Bank hit a new 52-week high of Rs 1,008 on the BSE, rising 1 per cent in the intra-day trade
ICICI Bank: Net profit is estimated to come in the range of Rs 8,654.9 crore to Rs 9,200 crore, down up to 5 per cent QoQ
Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates