In Q3FY25, the company's revenue from operations grew by 10.6 per cent year-on-year (Y-O-Y) to Rs 278.7 crore, up from Rs 252 crore reported in the same quarter of the previous fiscal year
Shares of Aegis Logistics, JK Lakshmic Cement, Mastek, Deepak Fertlisers and Karur Vysya Bank are looking weak on the technical charts; hence may witness a downward trend in the near-term.
The BSE Sensex has near key support at 75,150, below which a dip towards 74,400 seems likely. Technical chart shows the Nifty 50 index seems headed towards the 20-month moving average.
The NSE500 is up just 2.9 per cent and the midcaps have returned a meagre 2.5 per cent return in the same period, while the smallcaps are down 3.3 per cent
Some legal experts believe the case may indicate the need for a review of Sebi's takeover norms
Stock markets are expected to be driven by global trends and FPI trading activity this week after the conclusion of the earnings season, analysts said. Unabated foreign fund outflows, lower-than-expected quarterly earnings and global trade war fears hit market sentiments last week, where the benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. "With the conclusion of the Q3 earnings season, now focus will be on global developments amid a turbulent market environment on account of Donald Trump's trade policies," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. Moreover, the rupee-dollar trend and movement of Brent crude, the global oil benchmark, will also be tracked by investors. "With the earnings season behind us, market focus will shift to trends in FII (Foreign Institutional Investors) flows and currency movements for further cues. Additionally, speculation regarding US tariffs a
Donald Trump's reciprocal tariff plan on India and other countries coupled with persistent FII selling dragged the Sensex, Nifty lower for the eight straight trading session on Friday.
Analysts at Elara Capital analysed market breadth cycles in India stock markets in the last few years and highlighted the worrying points that are developing for the first time in five years.
India records the highest FPI equity sales among EMs
Closures outpace new additions
Healthcare and life sciences are emerging as key sectors for private capital, with significant deal flow and exits
Stock prices aligned better with foreign portfolio investors (FPIs) than individual investors during the December quarter
However, recover over a per cent from the day's low thanks to a recovery in global markets
Analysts expect the markets to remain volatile in the immediate short-term in the backdrop of tepid corporate earnings, Rupee movement and Donald Trump's tariff threats.
The PE sector is expecting a higher number of deals this year, especially in financial services, IT and healthcare sectors
Technical chart suggest that Muthoot Finance, Manappuram Finance and IIFL may witness some downward pressure in the near-term, and dip up to 17%; check key levels to track here.
Foreign institutional investors open interest in Nifty futures has increased by 4.8% since the start of February series, while the total OI in Nifty Feb futures dipped by 1.1%; shows NSE F&O data.
Trump's threat to impose 25% tariffs on all steel, aluminium imports unsettles investors
Lockups on FirstCry operator BrainBees Solutions Ltd., Ceigall India Ltd., Ola Electric Mobility Ltd. and Unicommerce eSolutions Ltd. end today
Solar Industries, NCC, Phoenix Mills, Page Industries and Trent stock futures witnessed short build-up in recent days, shows NSE derivative data. Manappuram Finance in F&O ban on Monday.