HDFC Bank Q1 result preview: Q1 could be a mixed quarter for the lender, with analysts expecting flat NIMs. Asset quality is likely to remain steady, while loan growth may stay in double digits
On the overall market set-up, Ajit Mishra, SVP - Research at Religare Broking reckons to maintain a 'Buy-on-dips' approach, with a preference for relatively stronger stocks across sectors.
ICICI Prudential Life reported strong June quarter performance, with growth in premiums, new business profitability and assets under management.
The downgrade stems from growing near- and medium-term challenges in the solar industry, with the sector entering a consolidation phase, UBS said.
Banking and financial stocks led the market rally on Wednesday, ahead of upcoming Q1FY27 results from major private lenders, including HDFC Bank, Axis Bank and ICICI Bank, due over the weekend.
Tube Investments of India, Ashok Leyland were among the major laggards. Both counters fell over 3 per cent as the Brent price surged to $85 per barrel mark, adding pressure on auto stocks.
The Nifty Midcap 50 and Smallcap 50 have gained 21 per cent and 29 per cent thus far in FY27 led by strong gains in BHEL, Laurus Labs, Prestige Estates, Aegis Logistics and Welspun Corp.
Among the Nifty constituents, TCS, Infosys, and HCL Technologies emerged as the top gainers, while Grasim Industries and Tata Steel ended among the top losers.
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.4 per cent and 1.55 per cent higher, respectively
On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.38 per cent and 1.8 per cent higher, respectively
Why market is down today: US President Donald Trump said that the interim agreement with Iran is "over" but he will allow talks to continue.
Indian market are likely to trade on a cautious note after fresh US strikes on Iran; key support for Nifty seen at 24,300 and 24,200, says Ponmudi R of Enrich Money.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.3 per cent and 0.55 per cent down, respectively
Virat Jagad, technical analyst at Bonanza says HDFC Bank displays a positive price action, with key momentum oscillators favourably placed. The analyst expects the stock to target ₹880 levels.
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.45 per cent and 0.75 per cent higher, respectively
India VIX dropped to a 4-month low as fears of the geopolitical tensions between the US and Iran subsided leading to a rebound in global and Indian stock markets, says Sudeep Shah of SBI Securities.
Here's why Nandish Shah technical research analyst of HDFC Securities recommends a 'Bull Spread' strategy on Nifty and Shriram Finance.
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a positive open. Asian markets declined as investors unwound bets in chip stocks
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.34 per cent and 0.36 per cent higher, respectively