Bank of Baroda will likely report a mixed bag of results for Q1FY27 earnings. The June quarter is expected to register a decline in operating profit
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a gap-down open for the Nifty50 index. Most Asian markets advanced, tracking overnight gains on Wall Street
Brokerage firm JM Financial noted that Adani Green's reduced arbitrage potential from its merchant and BESS portfolio could lower Ebitda by 3-5 per cent going forward.
Key constituents of Nifty Metal index, steel stocks face a challenging earnings season amid diverging domestic pricing trends and mounting global risks from China and tighter EU import restrictions.
The state-owned refiner's Q1FY27 results came under pressure due to a net loss of ₹12,264 crore in Q1FY27, compared to a profit of ₹4,110 crore in Q1FY26.
The company's net profit grew to ₹38.61 crore in Q1FY27 from ₹6.31 crore in Q1FY26.
Brokerage firm Elara highlighted Eternal's strong Q1FY27 result with healthy execution across food delivery and quick commerce despite LPG -led disruption in the food business.
Infosys, InterGlobe Aviation, Mahindra Lifespace Developers, Meesho, Ujjivan Small Finance Bank among top stocks slated to post their Q1 results today.
The Sensex touched a low of 76,722.21, down 748 points, or 0.96 per cent. Likewise, the Nifty 50 hit an intraday low of 23,973.70, down 214 points or 0.88 per cent.
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty indicated a negative open for the Nifty50 index. Most Asian markets advanced, tracking overnight gains on Wall Street
The tug-of-war between the bulls and bears continue as the market lacks direction, suggests the ADX index, which needs to cross the 25-mark for a directional move, says Ajit Mishra of Religare Broking
Brokerage firm Nomura noted that weak quarterly results were led by private label slowdowns and rising overhead expenses.
Eternal, Nestle India, BPCL, JSW Energy, Adani Power, IndusInd Bank and Dr Reddy's among top stocks slated to post their Q1 results today.
TVS Motor reported a 51 per cent increase in net profit for the first quarter to ₹1,174 crore on a year-on-year basis. Revenue for the quarter was up 38 per cent to ₹13,896 crore.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.3 per cent and 0.53 per cent higher, respectively.
Canara HSBC Life reported a 20.15 per cent increase in net profit for the first quarter to ₹28.14 on a year-on-year basis. Net premium income rose 23.83 per cent.
Amid the ongoing West Asia linked supply issues the company has initiated pricing interventions and operating cost optimisation measures to mitigate operational pressures.
UltraTech Cement reported a 16.8 per cent increase in net profit for the first quarter to ₹2,599.3 on a year-on-year basis. Revenue for the quarter was up 15.9 per cent to ₹24,648.20 crore.
For the world's third-largest oil importer and consumer, India, a falling rupee presents unique challenges: a weaker economy, wary foreign investors, and declining earnings quality.
Tech analysts see immediate support for Nifty at 24,100, below which strong support is expected around the 24,000-mark.