The key support for the BSE Sensex stands at 76,300; whereas, the NSE Nifty 50 index could test 23,300 or dip to 23,150 levels; suggests technical chart.
Markets Today Highlight: FMCG and PSU Bank shares bore the brunt of the selling on Friday after RBI, as expected, announced a 25 bps rate cut. Mid- and Small-cap indices finished on a mixed note.
Aadhar Housing reported a gained of 17 per cent year-on-year (Y-o-Y) to Rs 239.34 crore in consolidated profit as compared to Rs 204.27 crore
Consumer staple companies such as Britannia, Hindustan Unilever and Nestle India have had to contend with inflation in key commodities such as palm oil, cocoa and sugar
Akums Drugs reported a decline of 66 per cent year-on-year (Y-o-Y) to Rs 65.18 crore as compared to Rs 193.7 crore
Bharti Hexacom reported an increased on 23 per cent year-on-year (Y-o-Y) to Rs 260.9 crore as compared to Rs 212.7 crore
Post Q3, the brokerages maintained their positive stance on ITC stock but most cut target price and EPS estimates given the demerger of hotel business
Markets Today Highlight: Broader markets also mirrored benchmarks, with Nifty Midcap100, and Nifty Smallcap100 ending down by 1.26 per cent and 0.30 per cent, respectively
On Thursday thus far, Nifty Bank, Nifty PSU Bank and Nifty Financial Services quoted with losses up to 0.8% in a slippery market; technical charts hint up to 8% potential upside on these indices.
The company's Q3 profit increased 16 per cent year-on-year (Y-o-Y) to Rs 360.78 crore as compared to Rs 310.98 crore
Page Industries reported a bigger-than-expected rise in its third-quarter profit to Rs 205 crore for the quarter ended December 31, 2024, compared with Rs 152 crore a year ago
The report showed Welspun Corp's consolidated net profit increased 181 per cent at Rs 674.7 crore as compared to Rs 291.86 crore a year ago
CCL Products' consolidated net profit was flat at Rs 63.04 crore as compared to Rs 63.28 crore a year ago
Technical charts show that shares of Infosys, ICICI Bank, Dr. Reddy's, Eicher Motors and Shriram Finance can potentially rally up to 15% from here on as Nifty attempts a pullback towards its 100-DMA.
In Q3, Swiggy's consolidated loss widened to Rs 799 crore as compared to Rs 574.4 crore a year-ago period
Analysts and investors will keep an eye out for management's commentary on FMCG, cigarette business growth outlook
During a board meeting today, Info Edge's board approved stock split. As per the filing, stock split will be of the existing 1 equity share having face value of Rs 10, into 5 equity shares
The report showed Force Motors' January sale of small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV) and sports utility vehicles (SUV) increased 20.34 per cent
Technically, a RSI reading above 70 is considered overbought for the stock, which could mean the stock may consolidate or correct in the near-term; but not necessarily fall.
Lemon Tree Hotels' revenue for the third quarter stood at Rs 355.2 crore as compared to Rs 290.2 crore a year ago implying an increase of 25 per cent year-on-year (Y-o-Y).