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Q1 results today: HDFC, ICICI Bank, Reliance Power, 18 others on July 19
Q1 results today: HDFC, ICICI Bank, Reliance Power, 18 others on July 19

Business Standard

timea day ago

  • Business
  • Business Standard

Q1 results today: HDFC, ICICI Bank, Reliance Power, 18 others on July 19

HDFC Bank, ICICI Bank, JK Cement, Reliance Power, Punjab & Sind Bank and Union Bank of India are scheduled to announce their earnings report for the first quarter (Q1) of the financial year 2025-26 (FY26). Among other companies expected to declare their Q1 results are Central Bank of India, AU Small Finance Bank, Yes Bank Ltd, High Energy Batteries India Ltd, India Cements Ltd, and RBL Bank Ltd. Q1 preview for HDFC Bank Analysts at Kotak Institutional Equities (KIE) project HDFC Bank's net interest income (NII) to rise 5.3 per cent year-on-year (Y-o-Y) to ₹31,408.4 crore in Q1FY26, citing loan growth trailing the industry average. On a sequential basis, this would mark a 2.1 per cent decline from ₹32,065.8 crore in the previous quarter. The bank is working to improve its loan-to-deposit ratio (LDR), which has now reached nearly 95 per cent. Analysts at Motilal Oswal Financial Services expect a steady quarter for HDFC Bank, projecting mid-to-high single-digit growth in both NII and net profit. According to their estimates, HDFC Bank could post an NII of ₹31,900 crore in the June quarter, up 6.9 per cent Y-o-Y from ₹29,837.1 crore in Q1FY25. With other income estimated at ₹12,160 crore, the bank's total revenue for Q1FY26 is expected to reach ₹44,060 crore. Markets end lower amid volatility on July 18 Indian equity benchmark indices ended sharply lower on July 18 after a volatile trading session, weighed down by losses in Axis Bank, Kotak Bank, and Bharti Airtel. Weak investor sentiment was further impacted by FII selling, global uncertainty over US Fed policy, and rising crude oil prices. The BSE Sensex declined 501.5 points, or 0.61 per cent, to close at 81,757.73, while the Nifty50 dropped 143 points, or 0.57 per cent, to settle at 24,968.4. In the broader market, the Nifty Midcap 100 slipped 0.7 per cent and the Nifty Smallcap 100 lost 0.82 per cent. Follow the latest market updates here: Market News List of firms releasing Q1 FY26 results on July 19 ATV Projects India Ltd AU Small Finance Bank Ltd Can Fin Homes Ltd Central Bank of India Continental Securities Ltd EPACK Durable Ltd Gowra Leasing & Finance Ltd HDFC Bank Ltd High Energy Batteries India Ltd ICICI Bank Ltd India Cements Ltd JK Cement Ltd Punjab & Sind Bank RBL Bank Ltd Rossari Biotech Ltd Reliance Power Ltd Seshasayee Paper and Boards Ltd Union Bank of India Vanta Bioscience Ltd Vintage Coffee And Beverages Ltd Yes Bank Ltd

Sensex falls 650 pts, Nifty below 25k: Why are stock markets falling today?
Sensex falls 650 pts, Nifty below 25k: Why are stock markets falling today?

Business Standard

time2 days ago

  • Business
  • Business Standard

Sensex falls 650 pts, Nifty below 25k: Why are stock markets falling today?

Stock market today: Equity benchmark indices continued to trade lower for the second straight day as D-street analysts raised banners of 'caution' amidst heightened uncertainty on the macro front. At 11:30 AM, the Sensex was down by 486 points or 0.59 per cent, quoting at 81,769.09. The index hit an intra-day low of 81,608 down by 651 points. Whereas, NSE Nifty was trading below the key psychological 25,000 level, down by 140 points or 0.56 per cent. The 50-scrip index hit an intra-day low of 24,918.65. Nearly all stocks from the Sensex pack were trading in red, with Axis Bank, Bharti Airtel, Kotak Bank, Adani Ports and Bharat Electronics (BEL) among the top laggards. Axis Bank failed to impress D-street investors in first quarter earnings for the financial year 2025-2026 (Q1FY26) as net profits declined 3.8 per cent year-on-year (Y-o-Y) to ₹5,806 crore. Axis Bank shares were trading at ₹1,111.10, down by over 6 per cent on Friday. On the other hand, Tata Steel, Bajaj Finance, Infosys, Tata Motors and PowerGrid managed to trade in green. Even broader markets failed to showcase positive momentum. The Nifty Midcap 100 was trading at 59,255, down by 0.44 per cent. The Nifty Smallcap index followed suit, and was down by 0.43 per cent, quoting 19,034.75. Almost all sectors were in red with the Nifty private bank among the worst-performing indices, declining 1.32 per cent, trading at 27,575. However, Nifty Media was up by 0.17 per cent, quoting at 1,757. Nifty Metal also remained in green, up by 0.21 per cent, trading at 9,443. Here's why stock markets are down today: FII selling Indian markets have so far (in July) underperformed global markets. Analysts believe that the selling spree of foreign institutional investors (FIIs) has been a key contributor to this downward trend. While FIIs were net buyers earlier this year, the elevated valuation of the Indian market as compared to peer markets prompted them to switch gears. In the previous trading session (Thursday), FIIs remained net sellers in the market, offloading equities worth ₹3,694 crore. While domestic institutional investors (DIIs) were net buyers in the market, purchasing equities worth ₹2,820 crore. "Along with selling in the cash market FIIs have been increasing short positions in the derivatives market too, which reflect a bearish outlook. Elevated valuations in India and cheaper valuations in other markets will continue to influence FII activity," said VK Vijayakumar, chief investment strategist at Geojit Investments. Trump tariffs While speculations around a prospective trade deal between the US and India continue to linger, keeping investor sentiment on edge, there has been no solidified development on trade tariffs as of now. However, hopes remained high ahead of the August 1 tariff deadline. President Trump even said that the US is "very close" to striking a deal with India. "We are very close to a deal with India where they open it [the market] up," Trump told reporters at the White House earlier this week. Weak Q1 earnings by Axis Bank, IT stocks So far, the Q1FY26 earnings season has failed to surprise D-street investors. IT giants, including Tata Consultancy Services (TCS) and HCL Tech, reported subdued results for the quarter. This has kept market movement largely muted. However, for the coming weeks, D-street analysts believe that markets will trade range-bound. "Going forward, markets are likely to remain in consolidation mode, with focus on ongoing earnings and progress in US-India trade negotiations," said Siddhartha Khemka, head of research, wealth management, Motilal Oswal Financial Services.

Sensex falls 500 pts, Nifty below 25k: Here's why markets are trading lower
Sensex falls 500 pts, Nifty below 25k: Here's why markets are trading lower

Business Standard

time2 days ago

  • Business
  • Business Standard

Sensex falls 500 pts, Nifty below 25k: Here's why markets are trading lower

Stock market today: Equity benchmark indices continued to trade lower for the secont straight day as D-street analysts raised banners of 'caution' amidst heightened uncertainty on the macro front. At 11:30 AM, the Sensex was down by 486 points or 0.59 per cent, quoting at 81,769.09. The index hit an intra-day low of 81,628.26, down by over 500 points. Whereas, NSE Nifty was trading below the key psychological 25,000 level, down by 140 points or 0.56 per cent. The 50-scrip index hit an intra-day low of 24,925.25. Nearly all stocks from the Sensex pack were trading in red, with Axis Bank, Bharti Airtel, Kotak Bank, Adani Ports and Bharat Electronics (BEL) among the top laggards. Axis Bank failed to impress D-street investors in first quarter earnings for the financial year 2025-2026 (Q1FY26) as net profits declined 3.8 per cent year-on-year (Y-o-Y) to ₹5,806 crore. Axis Bank shares were trading at ₹1,111.10, down by over 6 per cent on Friday. On the other hand, Tata Steel, Bajaj Finance, Infosys, Tata Motors and PowerGrid managed to trade in green. Even broader markets failed to showcase positive momentum. The Nifty Midcap 100 was trading at 59,255, down by 0.44 per cent. The Nifty Smallcap index followed suit, and was down by 0.43 per cent, quoting 19,034.75. Almost all sectors were in red with the Nifty private bank among the worst-performing indices, declining 1.32 per cent, trading at 27,575. However, Nifty Media was up by 0.17 per cent, quoting at 1,757. Nifty Metal also remained in green, up by 0.21 per cent, trading at 9,443. Here's why stock markets are down today: FII activity Indian markets have so far (in July) underperformed global markets. Analysts believe that the selling spree of foreign institutional investors (FIIs) has been a key contributor to this downward trend. While FIIs were net buyers earlier this year, the elevated valuation of the Indian market as compared to peer markets prompted them to switch gears. In the previous trading session (Thursday), FIIs remained net sellers in the market, offloading equities worth ₹3,694 crore. While domestic institutional investors (DIIs) were net buyers in the market, purchasing equities worth ₹2,820 crore. "Along with selling in the cash market FIIs have been increasing short positions in the derivatives market too, which reflect a bearish outlook. Elevated valuations in India and cheaper valuations in other markets will continue to influence FII activity," said VK Vijayakumar, chief investment strategist at Geojit Investments. Trade tariffs While speculations around a prospective trade deal between the US and India continue to linger, keeping investor sentiment on edge, there has been no solidified development on trade tariffs as of now. However, hopes remained high ahead of the August 1 tariff deadline. President Trump even said that the US is "very close" to striking a deal with India. "We are very close to a deal with India where they open it [the market] up," Trump told reporters at the White House earlier this week. Weak Q1 earnings So far, the Q1FY26 earnings season has failed to surprise D-street investors. IT giants, including Tata Consultancy Services (TCS) and HCL Tech, reported subdued results for the quarter. This has kept market movement largely muted. However, for the coming weeks, D-street analysts believe that markets will trade range-bound. "Going forward, markets are likely to remain in consolidation mode, with focus on ongoing earnings and progress in US-India trade negotiations," said Siddhartha Khemka, head of research, wealth management, Motilal Oswal Financial Services.

Sensex opens 100 points lower, Nifty below 25,100; Wipro jumps 3%
Sensex opens 100 points lower, Nifty below 25,100; Wipro jumps 3%

India Today

time2 days ago

  • Business
  • India Today

Sensex opens 100 points lower, Nifty below 25,100; Wipro jumps 3%

Benchmark stock market indices opened lower on Friday as stocks from private bank and heavyweight financials sectors dragged the market S&P BSE Sensex lost 199 points to 82,060.24, while the NSE Nifty50 was down by 40.50 points to 25,070.95, as of 9:28 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that in July, so far, India has been underperforming most markets, with a dip of 1.6% in Nifty."A significant contributor to the decline is the selling by FIIs. There is a clear pattern in FII activity this year so far. They were sellers in the first three months. For the next three months they turned buyers. And in the seventh month the trends so far indicate further selling unless some positive news reverse the downtrend in the market," he the top gainers in early trade were Power Grid Corporation, which rose by 1.47%, followed by Tata Steel gaining 1.22%. Mahindra & Mahindra was also up by 1.17%, while Tata Consultancy Services added 0.48% and Larsen & Toubro gained 0.43%.However, on the losing side, Axis Bank saw the biggest drop, falling by 4.54%. Bharti Airtel was down 1.28%, Kotak Mahindra Bank slipped by 0.87%, Eternal saw a cut of 0.67%, and Tech Mahindra dropped 0.53%.advertisementThe Nifty Midcap100 gained 0.10% while Nifty Smallcap100 rose 0.05%, but India VIX fell 0.06%.Among the sectoral indices, several showed positive momentum with Nifty Metal leading at 0.71%, followed by Nifty Auto at 0.55%, Nifty Financial Services at 0.45%, Nifty Realty at 0.44%, Nifty Media at 0.38%, Nifty Oil & Gas at 0.26%, Nifty IT at 0.22%, and Nifty PSU Bank at 0.13%. Nifty Private Bank faced the biggest decline at 1.15%, followed by Nifty Healthcare which dropped 0.31%. Nifty FMCG fell 0.22%, Nifty Pharma declined 0.08%, and Nifty Consumer Durables slipped 0.01%."Along with selling in the cash market FIIs have been increasing short positions in the derivatives market too, which reflect a bearish outlook," said Vijayakumar. "Elevated valuations in India and cheaper valuations in other markets will continue to influence FII activity," he added. (Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends

Stocks to buy under ₹100: Experts recommend three shares to buy today — 18 July 2025
Stocks to buy under ₹100: Experts recommend three shares to buy today — 18 July 2025

Mint

time2 days ago

  • Business
  • Mint

Stocks to buy under ₹100: Experts recommend three shares to buy today — 18 July 2025

Stocks to buy under ₹ 100: On a weekly expiry session on Thursday, the Indian stock market ended lower on profit-booking after a positive opening. The Nifty 50 index ended 100 points lower at 25,111, the BSE Sensex shed 375 points and closed at 82,259, whereas the Bank Nifty index finished 340 points lower at 56,828. Tata Consumers, Tata Steel, and Hindalco showcased significant strength, emerging as the top performers on the Nifty. Conversely, Tech Mahindra, Indusind Bank and Infy concluded the session as major losers. Trading volumes on the NSE cash market were slightly higher by 0.5% compared to yesterday. The broader market also experienced profit booking, mirroring the benchmark indices. The Nifty Midcap 100 fell by 0.17%, while the Nifty Smallcap 100 declined by 0.12%. Market breadth turned marginally negative, with declining stocks slightly outnumbering advancing ones on the BSE, as indicated by an advance-decline ratio of 0.99. Amongst the sectoral indices, Realty, Metal, and Consumer Durables managed to end up as major gainers, showcasing some resilience. However, the Nifty IT and Banking sectors faced steep declines, contributing to the overall market fall. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Markets are likely to remain in consolidation mode, with focus on ongoing earnings and progress in US-India trade negotiations. Key results on Friday include Reliance Industries, JSW Steel, and L&T Finance." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Having recently displayed a weak bounce back from near the support of the 25K mark, the chances of Nifty revisiting the said support are high in the short term. However, the upper area of 25250 is likely to be a strong overhead hurdle, and the lower area of 25000-24900 levels could be crucial support for the near term." Askeda bout the outlook of the Bank Nifty index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, 'The Bank Nifty index continues to move within a narrow range for quite some time, once again halting near the 57,300 zone, finding resistance and having the important support near the 56,600 level, would be awaiting the important result outcome of the major frontline banking stocks like HDFC Bank and ICICI Bank, which is due in the coming sessions. The index would need to sustain the crucial support positioned near the 56,000 level, below which the overall bias would turn weak.' Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended three intraday stocks under ₹ 100: NMDC, Filatex India, and Balaji Telefilms. 1] NMDC: Buy at ₹ 69.56, Target ₹ 74, Stop Loss ₹ 68. 2] Filatex India: Buy at ₹ 58.40, Targets ₹ 61.20, ₹ 63, Stop Loss ₹ 56.70. 3] Balaji Telefilms: Buy at ₹ 95.50, Target ₹ 105, Stop Loss ₹ 92.

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