Tag: quarter results

The Indian markets were off to a volatile start today(25th Oct.2021) as investors assessed the September quarter results of index heavyweights. Meanwhile, the choppy Asian market mood also rubbed off on investor sentiment back home. At 9.30 am, Sensex was down 115 points at 60,706 while Nifty was below the 18,100 mark, down 60 points. Nifty Realty was the worst sectoral performer, followed by Pharma, IT, and FMCG. The banking and financial sectors held ground in an otherwise weak market. Broader markets tumbled in tandem with benchmarks, while the volatility index, India VIX, spiked 5%. Read more

Indian equities hit fresh lifetime highs today(13th August 2021) despite subdued global cues. The S&P BSE Sensex claimed a new record high of 55,138 while the Nifty50 index zoomed to 16,462. Tata Consumer Products, Hindalco, TCS, Bajaj Auto, ITC, and BPCL were the top Nifty gainers In the broader markets, the BSE MidCap and SmallCap index were up 0.3 percent and 0.5 percent, respectively. Shares of Globus Spirits were locked in the upper circuit for the fifth straight trading day, up 5 percent at Rs 941, also its new high on the National Stock Exchange (NSE) today after the promoter and institutional investors bought a stake in the company through the open Read more

The Indian benchmark indices were up by over 0.5 percent today (2nd August 2021) mainly due to hopes of strong June quarter results, supported by a firm global set-up. Japan's Topix index rose 1.5 percent, Australia's S&P/ASX 200 Index rose 0.1 percent and South Korea's Kospi index gained 0.3 percent in Asia. The S&P BSE Sensex rallied 330 points in early deals to trade at 52,916 levels while the Nifty50 hovered around the 15,850-mark, up 92 points. In the broader markets, small-cap stocks outperformed the frontline indices. In terms of sectoral rotation, investors moved away from metals towards auto stocks. Forty-nine companies HDFC, Punjab National Bank, and Varun Beverages are among the 49 companies slated to report their June quarter results today.

Indian equity markets opened lower for the second straight day today(20th July 2021) as investors turned pessimists over the rising Delta variant of Covid-19 cases globally, fear of possible lockdown, and the impact of rising inflation on economic recovery. The S&P BSE Sensex quoted at 52,351 levels in early deals, down 202 points while the Nifty was at 15,715, down 37 points. In the broader markets, the BSE MidCap and SmallCap indices were mixed. In global markets, equities fell in Japan, Australia, and South Korea on Tuesday but the drops were orderly. Japan’s Topix index fell 1%, Australia’s S&P/ASX 200 index fell 0.9% and South Korea’s Kospi index fell lost 0.4%. S&P 500 and Nasdaq futures, meanwhile, gained 0.4% each. Thirty-three companies, including Asian Paints, Bajaj Finance, Crisil, and Network 18 are slated to post their June quarter results today.

Due to concerns about the impact of elevated inflation and Covid-19 outbreaks on economic prospects weighs on sentiment, Dalal Street clocked a gap-down start today(19th July 2021). The benchmark S&P BSE Sensex declined 360 points in early deals to trade at 52,781 levels while the Nifty50 started with a 100-pts cut at 15,823. The BSE MidCap and SmallCap indices slipped 0.4 percent and 0.3 percent in the broader market, respectively. All the key sectoral indices were in the red. The Nifty Bank index was the top loser, down 1.5 percent. Twenty-five companies including ACC, HCL Technologies, HDFC Life, Indian Bank, and Mastek are slated to post their June quarter numbers today. Read more

The markets in India made a strong start to today's(11th June 2021) session, with the benchmark indices logging fresh record highs in the early deals. The S&P BSE Sensex was up 250 points, or 0.48 percent, at 52,550 levels and the Nifty50 index topped the 15,800-mark. PowerGrid (up 2%) was the top Sensex gainer, followed by Reliance Industries and ONGC trading 1 percent, each. The Nifty sectoral indices were painted green, led by the Nifty Metal index, up 1.5 percent. The S&P BSE MidCap and SmallCap indices traded 0.6 percent and 0.8 percent higher in the broader markets, respectively. Fifty-seven companies, including BEML, BHEL, CG Power, Cochin Shipyard, DLF, and Sun TV are scheduled to announce their March quarter results today.

The Indian benchmark indices traded flat with a positive bias in early deals today(26th May 2021) on the back of mixed global cues. The S&P BSE Sensex hovered around 50,680 levels, up 40 points and the Nifty50 was holding above the 15,250-mark. All the Nifty sectoral indices, except Nifty Metal index (down 1.5 per cent), traded in the green. Fifty-two companies including Berger Paints, BPCL, Burger King India, and Pfizer are slated to report their March quarter results today.

Automobile maker Tata Motors released their quarterly results and it has beaten the street estimates. Net profit for the December quarter of the financial year 2020 stood at Rs 1,738.30 crore against a loss of Rs 26,992.54 crore in the corresponding quarter of the previous financial year.