Latest news with #GIFTNifty
Business Standard
8 hours ago
- Business
- Business Standard
Stock to Watch today, July 23: Dixon Tech, Paytm, Hyundai Motor, JSW Infra, Infosys
Stock Market today: Benchmark equity indices are expected to open on a flat tone with a slight positive bias, as the ongoing earnings season for the first quarter of financial year 2025-2026 (Q1FY26) keeps investor sentiment in a 'wait and watch' mode. At 7:20 AM, GIFT Nifty futures were trading at 25,157 level, up by 73 points or 0.29 per cent, signalling a flat start. While earnings remain the primary focus for D-Street, prevailing uncertainty around the India-US trade deal is keeping the overall sentiment cautious. In the Asia-Pacific region, markets witnessed a strong uptrend. Nikkei was trading over 1,000 points higher or up by 2.65 per cent, quoting 40,830.97 after Trump announced a 'massive' trade deal with Japan. Hang Seng was also trading in green, up 147 points or 0.59 per cent, quoting 25,279.66. However, South Korea's Kospi remained in red, trading at 3,163.32, down by 0.21 per cent or 6 points. CATCH STOCK MARKET LATEST UPDATES LIVE Global market remained flat, albeit with a positive bias. The Dow Jones Industrial Average was up by 179 points or 0.4 per cent, and settled at 44,502.44. The S&P 500 concluded the trading session at 6,309.62 level, up by just 4 points. Q1FY26 earnings today All eyes will remain on the earnings of IT giant Infosys. Besides the IT major, companies such as Tata Consumer Products, Dr. Reddy's Laboratories, Bajaj Housing Finance, Persistent Systems, Oracle, Coforge, Aditya Birla Estate and PCBL Chemicals are set to announce their results for the quarter ended June 30, 2025. Meanwhile, Bikaji Foods International, Aditya Birla Foods International, Sapphire Foods India, Syrma SGS Technology, Force Motors, Borosil Renewables, Bajaj Steel Industries and HMT are also scheduled to release their earnings today. Here is a list of stocks to watch today: One97 Communications (Paytm): The company reported a consolidated profit of ₹123 crore, compared to a loss of ₹840 crore in the corresponding period of the previous fiscal year. Revenue from operations for the quarter under review stood at ₹1,918 crore, up by 28 per cent from ₹1,502 crore reported in the first quarter of FY25. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins for the quarter ending June 30, 2025, stood at 4 per cent. Dixon Technologies: The company reported a robust rise of 95 per cent in its revenue from operations figure in Q1FY26 to ₹12,835 crore from ₹6,579 crore recorded in the corresponding quarter of the previous fiscal year. Consolidated net profit for the quarter under review stood at ₹280 crore as against ₹140 crore reported in the same period of FY25, marking a 100 per cent rise. The company's Ebitda figure also witnessed a healthy surge of 89 per cent year-on-year (Y-o-Y) to ₹484 crore in the first quarter of FY26. Dalmia Bharat: The cement manufacturing company reported a triple-digit rise of 172.4 per cent in its consolidated profit after tax (PAT) of ₹395 crore during the quarter ending June 30, 2025, up from ₹145 crore reported in the corresponding period of the previous fiscal year. Ebitda also rose to ₹883 crore in Q1FY26, up 31.9 per cent from ₹669 crore recorded in the first quarter of FY25. However, sales volume took a hit and declined by 5.8 per cent Y-o-Y to 7 million tonnes. JSW Infra: The company's consolidated net profit stood at ₹389.57 crore for the quarter ending June 30, 2025, up 31 per cent from ₹296.55 crore reported in the same period of the last fiscal year. However, on sequential basis, the profit figure was down by 24.4 per cent. Revenue from operations also declined to ₹1,223.85 crore in the quarter, from ₹1,283.18 crore recorded in the previous quarter. United Breweries: The alcobev company's revenue from operations figure for the quarter ending June 30, 2025, stood at ₹5,380.7 crore, a slight decline from ₹5,811.2 crore reported in the same period of the previous financial year. The company's consolidated profit for Q1FY26 stood at ₹184 crore, up by just 6.4 per cent from ₹173 crore recorded during the first quarter of FY25. Colgate Palmolive: The FMCG firm reported a decline in net profit for the quarter ending June 30, 2025, to ₹320.62, indicating a decline of over 11.8 per cent from ₹363.98 crore recorded in the corresponding period of the previous fiscal year. The management cited weak urban demand levels and intensified competition as the reason behind the decline in profit. Revenue from operations for the quarter stood at ₹1,433 crore as against ₹1,496.71 crore reported in the same period of the previous financial year. Schloss Bangalore: The luxury hotel chain reported a consolidated PAT of ₹8.7 crore for the quarter ending June 30, 2025. The company had incurred a loss of ₹75 crore for the corresponding quarter of the previous financial year. The company's total revenue for the quarter stood at ₹301 crore as compared to ₹240 crore in the first quarter of FY 26, indicating a rise of 25 per cent. Hyundai Motor: The automobile major has received an order from the CGST Department in Tamil Nadu, confirming a demand for ₹258.67 crore as GST Compensation Cess, along with an equal penalty. The demand pertains to an alleged short payment of GST Compensation Cess on certain SUV models for the period from September 2017 to March 2020. BrainBees Solutions: The parent company of FirstCry, announced in its latest exchange filing that the Bombay High Court has set aside the income tax reassessment notices issued for the assessment years 2018-19 to 2021-22. The Court found that the notices were issued without proper jurisdiction. This comes after the company filed a Writ Petition and had earlier received interim relief staying the reassessment proceedings. Panache Digilife: The firm, in a recent exchange filing, announced that its subsidiary, Panache Newage Tech Pvt. Ltd., has received a work order for geographic information system (GIS) and related services. The project is set to be executed over a period of approximately 36 months, with a total order value of ₹1,184 Lakh.
Business Standard
8 hours ago
- Business
- Business Standard
GIFT Nifty hints towards positive start; Trump announces 'massive' trade deal with Japan
GIFT Nifty: GIFT Nifty August 2025 futures were trading 37 points higher in early trade, suggesting a positive opening for the Nifty 50. Institutional Flows: Foreign portfolio investors (FPIs) sold shares worth Rs 3,548.92 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,239.77 crore in the Indian equity market on 22 July 2025, provisional data showed. Global Markets: Markets in Asian traded in the green, with Nikkei leading the gains, after President Donald Trump announced the signing of a "massive trade deal with Japan. The deal includes reciprocal tariffs of 15% on the countrys exports to the U.S., with auto duties reportedly being lowered to that level as well. Japanese Prime Minister Shigeru Ishiba reportedly said that he needed to examine the deal before commenting. Additionally, the news that Washington had reportedly achieved agreements with the Philippines and Indonesia encouraged investors, giving them hope that other nations may also reach arrangements to avoid the worst of the US president's levies. The announcements boosted hopes that other deals could be in the pipeline, though talks with the European Union and South Korea reportedly remain elusive for now. Equity markets have been rising in recent weeks on hope that countries will eventually sign trade deals with the US. This is despite the fact that there haven't been many agreements reached with Trump, despite the deadline of 01 August 2025. On Wall Steet, the Dow Jones Industrial Average and other indexes eased off the day's highs while the S&P 500 set another new high in the final minutes of trading Tuesday, as investors grinded though countless quarterly financial results. According to media reports, the S&P 500 companies are expected to report a 7% increase in earnings on average for the second quarter, with technology heavyweights driving much of that gain. Meanwhile, U.S. trade policy remains a major point of uncertainty for investors and companies as Trump's self-imposed 01 August deadline for many countries to reach agreements with the White House approaches. On Tuesday, GM tumbled after the automaker reported a $1 billion hit from tariffs to its quarterly results, adding more fuel to investor concerns about U.S. President Donald Trump's global trade policy. The recent rally in Wall Streets most valuable companies has been fueled by the optimism about heavy spending on artificial intelligence. Following the mixed economic data released last week, reports suggest that the market has trimmed its expectations about interest-rate cuts from the U.S. Federal Reserve at next week's policy meeting. The market now expects about a 60% chance of a reduction in rates at the September meeting. Domestic Market: Domestic equity benchmarks closed mostly flat today, registering slight losses as investor sentiment remained cautious. Market participants continued to grapple with uncertainty ahead of the August 1 deadline for a potential U.S. trade agreement. The Nifty index settled just below the 25,100 mark. All sectoral indices on the NSE ended in the red, with PSU banks and realty stocks experiencing notable declines. The S&P BSE Sensex declined 13.53 points or 0.02% to 82,186.61. The Nifty 50 index fell 29.80 points or 0.12% to 25,060.90.
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Business Standard
12 hours ago
- Business
- Business Standard
Stock to Watch today, July 23: Dixon Tech, Paytm, Hyundai Motor, JSW Infra
Stock Market today: Benchmark equity indices are expected to open on a flat tone with a slight positive bias, as the ongoing earnings season for the first quarter of financial year 2025-2026 (Q1FY26) keeps investor sentiment in a 'wait and watch' mode. At 7:20 AM, GIFT Nifty futures were trading at 25,157 level, up by 73 points or 0.29 per cent, signalling a flat start. While earnings remain the primary focus for D-Street, prevailing uncertainty around the India-US trade deal is keeping the overall sentiment cautious. In the Asia-Pacific region, markets witnessed a strong uptrend. Nikkei was trading over 1,000 points higher or up by 2.65 per cent, quoting 40,830.97 after Trump announced a 'massive' trade deal with Japan. Hang Seng was also trading in green, up 147 points or 0.59 per cent, quoting 25,279.66. However, South Korea's Kospi remained in red, trading at 3,163.32, down by 0.21 per cent or 6 points. Global market remained flat, albeit with a positive bias. The Dow Jones Industrial Average was up by 179 points or 0.4 per cent, and settled at 44,502.44. The S&P 500 concluded the trading session at 6,309.62 level, up by just 4 points. Q1FY26 earnings today All eyes will remain on the earnings of IT giant Infosys. Besides the IT major, companies such as Tata Consumer Products, Dr. Reddy's Laboratories, Bajaj Housing Finance, Persistent Systems, Oracle, Coforge, Aditya Birla Estate and PCBL Chemicals are set to announce their results for the quarter ended June 30, 2025. Meanwhile, Bikaji Foods International, Aditya Birla Foods International, Sapphire Foods India, Syrma SGS Technology, Force Motors, Borosil Renewables, Bajaj Steel Industries and HMT are also scheduled to release their earnings today. Here is a list of stocks to watch today: One97 Communications (Paytm): The company reported a consolidated profit of ₹123 crore, compared to a loss of ₹840 crore in the corresponding period of the previous fiscal year. Revenue from operations for the quarter under review stood at ₹1,918 crore, up by 28 per cent from ₹1,502 crore reported in the first quarter of FY25. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins for the quarter ending June 30, 2025, stood at 4 per cent. Dixon Technologies: The company reported a robust rise of 95 per cent in its revenue from operations figure in Q1FY26 to ₹12,835 crore from ₹6,579 crore recorded in the corresponding quarter of the previous fiscal year. Consolidated net profit for the quarter under review stood at ₹280 crore as against ₹140 crore reported in the same period of FY25, marking a 100 per cent rise. The company's Ebitda figure also witnessed a healthy surge of 89 per cent year-on-year (Y-o-Y) to ₹484 crore in the first quarter of FY26. Dalmia Bharat: The cement manufacturing company reported a triple-digit rise of 172.4 per cent in its consolidated profit after tax (PAT) of ₹395 crore during the quarter ending June 30, 2025, up from ₹145 crore reported in the corresponding period of the previous fiscal year. Ebitda also rose to ₹883 crore in Q1FY26, up 31.9 per cent from ₹669 crore recorded in the first quarter of FY25. However, sales volume took a hit and declined by 5.8 per cent Y-o-Y to 7 million tonnes. JSW Infra: The company's consolidated net profit stood at ₹389.57 crore for the quarter ending June 30, 2025, up 31 per cent from ₹296.55 crore reported in the same period of the last fiscal year. However, on sequential basis, the profit figure was down by 24.4 per cent. Revenue from operations also declined to ₹1,223.85 crore in the quarter, from ₹1,283.18 crore recorded in the previous quarter. United Breweries: The alcobev company's revenue from operations figure for the quarter ending June 30, 2025, stood at ₹5,380.7 crore, a slight decline from ₹5,811.2 crore reported in the same period of the previous financial year. The company's consolidated profit for Q1FY26 stood at ₹184 crore, up by just 6.4 per cent from ₹173 crore recorded during the first quarter of FY25. Colgate Palmolive: The FMCG firm reported a decline in net profit for the quarter ending June 30, 2025, to Rs 320.62, indicating a decline of over 11.8 per cent from ₹363.98 crore recorded in the corresponding period of the previous fiscal year. The management cited weak urban demand levels and intensified competition as the reason behind the decline in profit. Revenue from operations for the quarter stood at ₹1,433 crore as against ₹1,496.71 crore reported in the same period of the previous financial year. Schloss Bangalore: The luxury hotel chain reported a consolidated PAT of ₹8.7 crore for the quarter ending June 30, 2025. The company had incurred a loss of ₹75 crore for the corresponding quarter of the previous financial year. The company's total revenue for the quarter stood at ₹301 crore as compared to ₹240 crore in the first quarter of FY 26, indicating a rise of 25 per cent. Hyundai Motor: The automobile major has received an order from the CGST Department in Tamil Nadu, confirming a demand for ₹258.67 crore as GST Compensation Cess, along with an equal penalty. The demand pertains to an alleged short payment of GST Compensation Cess on certain SUV models for the period from September 2017 to March 2020. BrainBees Solutions: The parent company of FirstCry, announced in its latest exchange filing that the Bombay High Court has set aside the income tax reassessment notices issued for the assessment years 2018-19 to 2021-22. The Court found that the notices were issued without proper jurisdiction. This comes after the company filed a Writ Petition and had earlier received interim relief staying the reassessment proceedings. Panache Digilife: The firm, in a recent exchange filing, announced that its subsidiary, Panache Newage Tech Pvt. Ltd., has received a work order for geographic information system (GIS) and related services. The project is set to be executed over a period of approximately 36 months, with a total order value of ₹1,184 Lakh. Aster DM Healthcare: The Bangalore-based healthcare services provider has received approval from the Ministry of Corporate Affairs for the incorporation of its wholly-owned subsidiary, 'Aster DM Super-Specialty Hospital (Sarjapur) Pvt. Ltd.' The company has invested ₹10 lakh in the new entity, acquiring 1,00,000 equity shares at ₹10 each.
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Business Standard
13 hours ago
- Business
- Business Standard
Stock Market LIVE: GIFT Nifty up; Nikkei up 2.5% on US trade deal; Infosys, Paytm, Dixon Q1 eyed
Sensex Today | Stock Market LIVE on Wednesday, July 23, 2025: At 6:30 AM, GIFT Nifty futures were trading 33 points lower at 24,999, indicating a negative start for the bourses. 6:55 AM Stock Market LIVE Updates: Asian markets pops on US-Japan trade deal Stock Market LIVE Updates: Asian markets pops on US-Japan trade deal -- Nikkei up about 2.5 per cent -- Topix up 2.51 per cent -- ASX 200 jumps 0.42 per cent
Business Standard
a day ago
- Business
- Business Standard
Indices may open lower on mixed global cues
GIFT Nifty: GIFT Nifty August 2025 futures were trading 39.50 points lower in early trade, suggesting a negative opening for the Nifty 50. Institutional Flows: Foreign portfolio investors (FPIs) sold shares worth Rs 1,681.23 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,578.43 crore in the Indian equity market on 21 July 2025, provisional data showed. According to NSDL data, FPIs have sold shares worth Rs 10476.30 crore in the secondary market during July 2025. This follows their purchase of shares worth Rs 8466.77 crore in June 2024. Global Markets: Asian stocks traded mixed on Tuesday as investors turned cautious ahead of the looming August 1 deadline for potential US trade tariffs. Japanese stocks, in particular, saw sharp swings after Prime Minister Shigeru Ishibas ruling coalition lost its majority in the upper house. Wall Street offered little direction, with US indices closing mostly flat overnight despite hitting fresh intraday records. The spotlight this week remains firmly on corporate earnings, with Tesla and Alphabet set to report on Wednesday. By the close in New York, the Dow slipped 0.04%, the S&P 500 inched up 0.14%, and the Nasdaq rose 0.38%. Domestic Market: The domestic equity benchmarks ended higher Monday, reversing a two-day decline. Gains were driven largely by robust Q1 earnings from major private lenders HDFC Bank and ICICI Bank, which helped offset persistent global trade challenges. The Nifty closed above the 25,050 level, buoyed by private banks, financial services, and metals. The S&P BSE Sensex advanced 442.61 points or 0.54% to 82,200.34. The Nifty 50 index added 122.30 points or 0.49% to 25,090.70.
