Page 38 - Indian Markets

Foldable devices market to grow 4x by 2025 in ultra-premium segment: Report

Foldable smartphones market share in the ultra-premium segment, priced above Rs 45,000 apiece, is expected to grow more than four times to 35 per cent in India, Counterpoint Research said on Friday. Foldable smartphones market share in the first half of 2023 stood at about 8 per cent, the market research firm said. "In 2023 (till June), Foldables constituted 8 per cent of ultra-premium (over Rs 45,000) Android smartphone shipments, a number projected to surge to 35 per cent by the end of 2025," Counterpoint Research said in a report. According to the research firm's estimate India's Foldable Smartphone accounts for only about 1 per cent of the overall mobile market in India. The report said clamshell smartphones among the foldable designs are particularly favoured by female users, accounting for 82 per cent of total foldable shipments in the first half of 2023 due to their affordability. "Localisation of manufacturing, exemplified by flagship devices like Samsung Z Fold 5 and Flip

Sensex trims losses, ends 107 pts down; Nifty below 19,650; NTPC soars 4%

CLOSING BELL ON JULY 28, 2023: NTPC and PowerGrid were the major gainers among the Sensex 30 stocks, while Bajaj Finserv and HDFC Bank declined up to 2 per cent on Friday.

BEL hits record high on strong Q1 results; stock up 32% so far in 2023

The state-owned company saw 12.5 per cent YoY revenue growth to Rs 3,446 crore in Q1FY24, whereas total expenses climbed 9.4 per cent YoY to Rs 2,948 crore

Maruti Q1 revenue likely to be flat QoQ; high RM costs may contract margins

On the bourses, shares of Maruti Suzuki surged 16 per cent so far this calendar year (CY23), as against a 9 per cent jump in the S&P BSE Sensex

Intellect Design soars 15% as total income rises 19% YoY in Q1FY24

So far this calendar year (CY23), Intellect Design has rallied 47 per cent, as against 9 per cent jump in the S&P BSE Sensex

Sensex drops 440 pts on Thursday; Nifty ends July F&O series 3.6% higher

CLOSING BELL ON JULY 27, 2023: Sectorally, auto and energy shares bore brunt of the selling, while pharma and realty stocks ended with smart gains on Thursday.

Tech Mahindra falls 5% as Q1 disappoints Street; brokerages turn cautious

In the recently concluded quarter, the company's revenue declined 4.1 per cent quarter-on-quarter (QoQ) to Rs 13,159 crore, as against Street estimate of flat QoQ growth

Nestle India cracks 3% as Q2 volume growth came below Street estimates

So far this calendar year, Nestle India has gained over 16 per cent, as against a 9 per cent surge in the S&P BSE Sensex

Sensex snaps 3-day losing streak, ends 351 pts up; L&T, RIL, ITC shine

CLOSING BELL ON JULY 26, 2023: The NSE Nifty rallied 98 points to 19,778; IT and bank stocks gained ground, while M&M and Bajaj twins slipped on Wednesday.

Sensex ends flat in choppy trade; Metals gain; Asian Paints dips 4%, ITC 2%

CLOSING BELL ON JULY 25, 2023: The NSE Nifty ended 8 points higher; Tata Steel and JSW Steel were the major gainers on Tuesday.

L&T Q1 preview: Buyback, special dividend and other things to know

So far in this calendar year (CY23), shares of L&T surged 24 per cent, as against 9.1 per cent gain in the S&P BSE Sensex

Sensex falls for 2nd day, slips 299 pts; ITC sheds 4%; auto stocks gain

CLOSING BELL ON JULY 24, 2023: The NSE Nifty ended with a loss of 73 points; Reliance down 2% was the other major laggard on Monday.

JLR volumes may aid Tata Motors Q1 margins; demand outlook eyed: Analysts

So far this calendar year (CY23), shares of Tata Motors jumped 61 per cent, as against a 9.6 per cent surge in the S&P BSE Sensex

PSU shares in demand: SJVN, NHPC, RVNL, RITES hit fresh lifetime highs

At 12:45 pm; the S&P BSE PSU and S&P BSE CPSE index were up 1 per cent each, as against 0.10 per cent decline in the S&P BSE Sensex.

Higher vols may drive Bajaj Auto's Q1 revenue; margins to expand: Analysts

So far this calendar year (CY23), shares of Bajaj Auto rose 34 per cent, as against 9.6 per cent gain in the S&P BSE Sensex, during the same period

Bears crush Nifty's 20,000-mark dream, send Sensex 888 pts down; here's why

The S&P BSE Sensex crashed over 1,000 points to hit day's low of 66,534 levels, while Nifty50 crashed 279 points to day's low of 19,700 levels

Stocks to watch: RIL, Infosys, HUL, Ultratech Cement, Union Bank, L&T, DLF

Stocks to watch on July 21, 2023: From Reliance Industries to Infosys, check out the top stocks to watch in Friday's trading session

Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee

Stocks to watch on July 20, 2023: From Reliance Industries to Hindustan Unilever, check out the top stocks to watch in Thursday's trading session

HUL Q1 revenue may rise up to 9% YoY; soft RM costs to aid margin: Analysts

HUL Q1FY24 preview: As per brokerages, earnings before interest, tax, depreciation, and amortisation (Ebitda) margins is likely to expand up to 63 basis points (bps) YoY to 23.4 per cent

Stocks to watch: L&T Tech, Paytm, Rallis India, Piramal Pharma, NMDC

Stocks to watch on July 19, 2023: From Paytm to Piramal Pharma, here are the top stocks to watch in Wednesday's trading session