SML Mahindra, UltraTech Cement, Karur Vysya Bank and BlueStone Jewellery among top stocks slated to post their Q1 results today.
The 30-share BSE Sensex jumped 803 points or 1.04 per cent to make an intraday high of 77,989.44. The 50-share NSE Nifty made a high of 24,288.90, up 216 points or 0.90 per cent.
Gifty Nifty indicated a flat start as Brent crude remained elevated at around $85.34 per barrel. In the global market Dow Jones and the S&P 500 ended 0.20 per cent and 0.51 per cent lower.
According to NSE data, several institutional investors bought shares of Laser Power & Infra through open-market transactions after its listing on Thursday.
SBI Funds Management IPO allotment status is expected today (Friday, July 17). Investors can check their allotment on the registrar Kfin Technologies' website, as well as on the BSE and NSE websites.
Brokerages expect Reliance Industries to deliver healthy performance in the June quarter of FY2027, with strength across O2C, Retail and Jio.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.41 per cent and 0.1 per cent down, respectively
The renewable energy company's revenue declined to ₹1,590 crore. Meanwhile, net profit rose 69% to ₹54.2 crore from ₹32 crore on a year-on-year basis.
Today's rally came after Abakkus Investment Managers Pvt Ltd, owned by ace investor Sunil Singhania, acquired 29,39,588 shares of Mrs Bectors Food Specialities through a bulk deal.
ICICI Pru Life had announced its Q1 results on Wednesday, reporting a 27.8 per cent Y-o-Y rise in net profit to ₹386.2 crore for the first quarter of FY27
Swiggy shares spiked post company's entry into on-demand LPG delivery via Instamart. Analysts said the HPCL partnership expands Swiggy's quick commerce offerings, expands cross-selling opportunities.
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
Gains in IT index were led by large-cap IT stocks, with HCLTech, LTIMindtree and Persistent Systems among the key contributors
Axis Bank's results will likely focus on earnings momentum amid pressure on net interest margins. Analysts expect the bank to continue reporting healthy loan growth, supported by corporate lending.
As per NSE data, MRPL shares have outperformed the Nifty 50 index over the past year, having gained 19.24 per cent.
Jio Financial Q1 today: Analysts largely expect Jio Financial to see continued expansion in its lending and asset management businesses, though some impact on profit is likely.
HDFC AMC has reported 12% Y-o-Y growth in consolidated PAT at ₹837.13 crore for Q1. Its revenue from operations grew by 13.6% Y-o-Y to ₹1,099.72 crore, while AUM stood at ₹9.35 trillion.
HDFC Life Insurance shares fell despite reporting a strong June quarter, with net profit rising 12 per cent year-on-year and premium income growing 14 per cent.
Laser Power share price: Shivani Nyati of Swastika Investmart has advised existing shareholders to stay invested for the medium to long term, while suggesting fresh accumulation on dips.
AM Karthik of ICRA Ltd said that NBFCs slow down disbursements, tighten their credit norms and prioritise collections and loan quality over loan growth when macroeconomic headwinds intensify.