Today's buying activity was buoyed by M&M Financial Services' strong Q1FY27 numbers, with consolidated net profit rising 75 per cent Y-o-Y to ₹927 crore, aided by higher NIMs and lower provisions.
Bandhan Bank Q1 results: The bank's management lowered its FY27 exit RoA guidance to 1.2-1.4 per cent from 1.6-1.8 per cent earlier.
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.
According to Chandan Taparia of MOFSL, option data suggests a broader trading range between 23,800 and 24,600, while the immediate range is between 24,000 and 24,400
Vinay Rajani of HDFC Securities has said that Nifty faces immediate resistance at 24,530, while 24,000 remains a key support. For trading, he has recommended buying L&T Finance and HAL stocks today.
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.
Share price of Diamond Power Infra hit a new high of ₹269.35, surging 10% on the BSE in Tuesday's intra-day deals.
Infosys Q1 results expectations: Brokerages expect Infosys to maintain its guidance range of 2-3.5 per cent Y-o-Y CC growth for FY27E.
Gujarat Fluorochemicals: The stock price of the specialty chemicals maker traded higher for the third straight day, surging 12 per cent during the period.
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.
In the past month, Balrampur Chini Mills outperformed the market by surging 21 per cent, against a 0.5 per cent rise in the BSE Sensex.
CMPDI is a wholly-owned mine planning and consultancy subsidiary of Maharatna PSU Coal India Limited (CIL).
Amid the ongoing West Asia linked supply issues the company has initiated pricing interventions and operating cost optimisation measures to mitigate operational pressures.
Tamilnad Mercantile Bank, ESAF Small Finance Bank, Equitas Small Finance Bank and CSB Bank were up in the range of 2% to 5% on the BSE in an otherwise tepid market on Tuesday.
In the two sessions, post announcement of its Q1 results on Saturday (July 18), HDFC Bank shares have lost nearly 7 per cent. The sharp decline has erased around ₹80,000 crore from its market cap.
The trading volume at the Karur Vysya Bank counter jumped nearly 10-fold versus the average volume, with a combined 17.5 million shares changing hands on the NSE and BSE till 09:41 AM on Tuesday.
Alpine Texworld share price today: Alpine Texworld shares debuted at par with the issue price on the bourses today. On the BSE, its shares opened at ₹105 versus the IPO issue price of ₹105.
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.
Tata Consumer Products Q1 result preview: Brokerages expect 11-12 per cent revenue growth in the quarter under preview, driven by strong volume growth in beverages, salt and international tea business
Tech analysts see immediate support for Nifty at 24,100, below which strong support is expected around the 24,000-mark.