The second quarter earnings season is underway and as many as 182 companies will declare their results this week. Some of the marquee names include ICICI Bank, YES Bank, ITC, Bajaj Housing Finance, HUL, Ultratech Cement, Bajaj Finance, Bajaj Finserv, IndiGo, Paytm, and Zomato among others. Here are the key earnings to watch out next … Read more
“I think the broader call one will have to take only post getting the clarity on the earnings picture. But my overall view is that the Nifty or the largecap companies by and large should hold out. I do not see a reason for a significant downward correction as far as the Nifty and the … Read more
The initial public offering (IPO) of Western Carriers was fully subscribed at 4.83 times as on day 2, receiving over 10 crore consolidated share bids as on Monday, 5 pm, against 2,08,68,467 crore shares available for subscription. The retail portion received a solid response and was booked 7.32 times. The non-institutional investors (NIIs) subscribed the … Read more
The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, … Read more
Aimed at the trinity of fiscal prudence, investment, and growth momentum, the Union Budget saw the introduction of employment incentives and a simplified income tax regime, which should boost consumption. Investors were, however, caught off guard due to the increase in LTCG and STCG tax rates, leading to a knee-jerk reaction on D-Street. “While the … Read more
Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners. In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent. The 30-share BSE Sensex jumped 1,720.8 … Read more
Equity indices ticked higher for the fourth straight session on Wednesday, helped by positive trend in global equities. The 30-share Sensex climbed 114 points to settle at 73,852 and the Nifty advanced 34 points. Stocks that were in focus included names like SAIL, which rose 7.36%, MCX, which was down 4.63%, and HUL, whose shares … Read more
Equity indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. Stocks that were in focus included names like ABFRL, which rose 9.24%, Tata Consumer, which was flat, and HUL, whose shares increased … Read more
Apr 21, 2024, 10:24:26 AM IST The past week saw block deals across large, mid and smallcap companies. Among these, 15 were largecap stocks including companies like Zomato, Jio Financial and Infosys. Nuvama reports a detailed list of these deals. ETtech With a block count of 14 and nearly 57.6 lakh of share quantity, a … Read more
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies. Other big players across sectors, like HUL, Indian Hotels, OFSS, … Read more