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Buy or sell: Vaishali Parekh recommends three stocks to buy despite Trump's tariff on India
Buy or sell: Vaishali Parekh recommends three stocks to buy despite Trump's tariff on India

Mint

time31-07-2025

  • Business
  • Mint

Buy or sell: Vaishali Parekh recommends three stocks to buy despite Trump's tariff on India

Buy or sell stocks: The key benchmark indices of the Indian stock market extended their corrective phase for the second consecutive session on Wednesday, following the recent steep sell-off. The Nifty 50 index opened on a firm note but faced resistance near the 24,900 mark, triggering profit booking that dragged the index to an intraday low of 24,772 during the mid-session. However, a late-stage recovery helped the index pare losses settle at 24,855, registering a modest gain of 34 points or 0.14%. On the sectoral front, pressure was evident in media, auto, and realty counters, which declined between 0.5% and 1%. Conversely, selective buying interest was observed in IT and FMCG pockets, with both indices ending marginally in the green, up around 0.3%. Broader market performance remained muted — the Nifty Midcap 100 ended flat, while the Nifty Small Cap 100 slipped by 0.5%, reflecting underlying caution among participants. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is cautious as the Nifty 50 index faces a hurdle at 24,900. After Trump's tariff announcement, the mood is expected to remain cautious. If the Nifty 50 sustains above 24,500, then we can expect some relief. Otherwise, there can be some panic selling if the key benchmark index slips below 24,500. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index witnessed a sluggish session with a rangebound movement for most of the session, finding resistance near the important 50-DEMA zone at the 24,900 level and would need a decisive breach above the 25,000 zone to improve the bias and expect further rise. On the downside, as mentioned earlier, the index has the crucial support at the 24,500 level, which needs to be sustained to maintain the overall trend intact." The Bank Nifty index witnessed a narrow range-bound session, with the 56,000 level sustained as critical support, and is awaiting the Fed's outcome to trigger a fresh directional move in the coming days. As said earlier, the index needs a decent revival to break past the vital hurdle at the 57,400 zone to trigger a fresh upward move in the coming days. In contrast, the 50-DEMA level near the 56,000 zone continues to act as an essential support zone, which needs to be sustained to maintain the bias intact," said Parekh. Parekh said the Nifty 50 index's immediate support is 24,700, while the resistance is 25,000. The Bank Nifty's daily range is 55,700 to 56,800. Regarding stocks to buy today, Vaishali Parekh recommended these three buy-or-sell stocks: VETO, FACT, and Havells India. 1] VETO: Buy at ₹ 127, Target ₹ 135, Stop Loss ₹ 123; 2] FACT: Buy at ₹ 965, Target ₹ 1000, Stop Loss ₹ 950; and 3] Havells India: Buy at ₹ 1525, Target ₹ 1585, Stop Loss ₹ 1500. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Q1 results today: Cipla, SAIL, Bank of Baroda among 85 firms on July 25
Q1 results today: Cipla, SAIL, Bank of Baroda among 85 firms on July 25

Business Standard

time25-07-2025

  • Business
  • Business Standard

Q1 results today: Cipla, SAIL, Bank of Baroda among 85 firms on July 25

Q1 FY26 company results, July 25: Bajaj Finserv, Shriram Finance, Reliance Infrastructure, Orient Cement, and ACME Solar will also release their April-June quarter earnings reports today New Delhi Cipla, Bank of Baroda, Steel Authority of India (SAIL), Bajaj Finserv, Shriram Finance, and Reliance Infrastructure are scheduled to announce their earnings report for the first quarter (Q1) of the financial year 2025-26 (FY26) on Friday. A host of other companies, including ACME Solar Holdings, Orient Cement, Mahindra Lifespace Developers, Tata Chemicals, New Delhi Television (NDTV), and Petronet LNG, are also expected to declare their Q1 results today. Cipla Q1FY26 preview: Revenue to rise, profit growth likely muted Cipla is expected to report moderate year-over-year growth in revenue and profit for the April–June 2025 quarter (Q1FY26), despite a slight dip in quarterly profit due to pressure in the US market. According to estimates compiled by Business Standard, Cipla's revenue is likely to rise 5.6 per cent year-on-year (Y-o-Y) to ₹7,071 crore, up from ₹6,694 crore in Q1FY25. Sequentially, the topline is projected to grow 5 per cent from ₹6,730 crore in the March quarter. However, profit after tax (PAT) is expected to rise only 2.6 per cent Y-o-Y to ₹1,208 crore, from ₹1,178 crore a year ago. Compared to the previous quarter's PAT of ₹1,222 crore, this implies a marginal decline of 1.12 per cent. Earnings before interest, tax, depreciation, and amortisation (Ebitda) are estimated to fall 1.3 per cent Y-o-Y to ₹1,693 crore from ₹1,716 crore in Q1FY25. On a sequential basis, however, Ebitda is likely to improve by 10 per cent from ₹1,538 crore in Q4FY25. Bank of Baroda Q1 preview: Profit likely to dip on weak interest income Bank of Baroda is set to announce its financial results for the April–June quarter of FY26 on Friday. Analysts expect the public sector lender to post a subdued performance, citing muted interest income and limited treasury gains as key drags on earnings. The weak revenue profile could result in a high single-digit decline in net profit on a year-on-year basis, and a sharper, double-digit fall sequentially, they added. Market highlights from July 24 Indian equity markets closed lower on Thursday, weighed down by stock-specific moves as investors assessed June quarter earnings from companies including Infosys, Dr Reddy's Laboratories, IEX, Coforge, and Tata Consumer Products. The BSE Sensex ended 542.47 points, or 0.66 per cent, lower at 82,184.17. The NSE Nifty50 slipped 157.8 points, or 0.63 per cent, to settle at 25,062.1. The session also marked the weekly expiry of F&O contracts. In the broader market, the Nifty MidCap 100 index declined 0.58 per cent, while the Nifty SmallCap 100 fell 1.09 per cent. Market overview for July 25 Q1 earnings, forex data for the week ended July 18, progress on the India-UK trade deal, global market cues, institutional flows, and primary market activity are likely to guide sentiment on the benchmark Sensex and Nifty indices in Friday's session. 15 Digicontent Ltd 16 Dhabriya Polywood Ltd 17 Dhani Services Ltd 18 Dhruva Capital Services Ltd 19 Prataap Snacks Ltd 20 Duncan Engineering Ltd-$ 21 Future Consumer Ltd 22 Garware Synthetics Ltd 23 Global Infratech & Finance Ltd 24 Gujarat Lease Financing Ltd 25 Gujarat Mineral Development Corporation Ltd 26 G N A Axles Ltd 27 Grindwell Norton Ltd 28 Growington Ventures India Ltd 29 GRP Ltd 30 HFCL Ltd 31 Home First Finance Company India Ltd 32 Hybrid Financial Services Ltd 33 Indiabulls Enterprises Ltd 34 Indo City Infotech Ltd-$ 35 Intellect Design Arena Ltd 36 Jammu & Kashmir Bank Ltd 37 Sai Silks (Kalamandir) Ltd 38 Kapil Raj Finance Ltd 39 KCD Industries India Ltd 40 Kreon Finnancial Services Ltd 41 Laurus Labs Ltd 42 LKP Securities Ltd 43 Mahindra Lifespace Developers Ltd 44 Manorama Industries Ltd 45 Menon Bearings Ltd-$ 46 Mid India Industries Ltd 47 New Delhi Television Ltd 48 Omkar Overseas Ltd 49 Omnitex Industries India Ltd 50 Orient Cement Ltd 51 Orient Electric Ltd 52 Orosil Smiths India Ltd- 53 Oscar Global Ltd 54 Paras Defence and Space Technologies Ltd 55 Petronet LNG Ltd 56 Poonawalla Fincorp Ltd 57 Regis Industries Ltd 58 Reliance Infrastructure Ltd 59 Rose Merc Ltd 60 RPG Life Sciences Ltd 61 Sacheta Metals Ltd 62 Saffron Industries Ltd 63 Sagarsoft (India) Ltd 64 Steel Authority of India Ltd 65 Satchmo Holdings Ltd 66 SBI Cards and Payment Services Ltd 67 Schaeffler India Ltd 68 SG Mart Ltd 69 Sharda Cropchem Ltd 70 Shree Ganesh Biotech (India) Ltd 71 Shriram Finance Ltd 72 Sigachi Industries Ltd 73 Sobha Ltd 74 Solara Active Pharma Sciences Ltd 75 Spright Agro Ltd 76 Sterlite Technologies Ltd 77 Sudarshan Chemical Industries Ltd 78 Suraj Estate Developers Ltd 79 Tata Chemicals Ltd 80 The Investment Trust Of India Ltd 81 Tamilnad Mercantile Bank Ltd 82 Tamil Nadu Newsprint & Papers Ltd 83 TV Today Network Ltd 84 Vakrangee Ltd-$ 85 Vardhman Special Steels Ltd

Indian markets close higher on global cues and Q1 earnings; rupee ends weaker
Indian markets close higher on global cues and Q1 earnings; rupee ends weaker

New Indian Express

time23-07-2025

  • Business
  • New Indian Express

Indian markets close higher on global cues and Q1 earnings; rupee ends weaker

CHENNAI: Indian stock markets ended higher on Wednesday, July 23, tracking strength in global equities and positive sentiment around ongoing corporate earnings for the June quarter (Q1FY26). The BSE Sensex rose 539.83 points, or 0.66%, to close at 82,726.64, while the NSE Nifty50 gained 159 points, or 0.63%, to settle at 25,219.90. Markets witnessed broad-based buying, led by gains in financials, autos, and metal stocks. Investor confidence was further supported by upbeat earnings from large-cap companies. Sectoral performance was largely positive on Wednesday with Nifty Auto advanced 0.85%, Nifty Financial Services (up 0.76%) Nifty Bank (up 0.80%), and Nifty Metal (up 0.48%). However, Nifty Realty was the notable laggard --down 2.6%. In the broader markets, the Nifty MidCap 100 index gained 0.34%, while the Nifty SmallCap 100 closed flat. On the earnings front, several key companies reported results: Infosys posted a 9% year-on-year rise in net profit to ₹6,921 crore, with revenue up 8% to ₹42,279 crore. JSW Steel reported a 158% jump in consolidated net profit to ₹2,184 crore. Indian Overseas Bank recorded a 75.6% rise in net profit to ₹1,111 crore. Tech Mahindra saw a 34% increase in net profit despite some pressure on revenue from the Americas. Jio Financial Services reported a 3.8% rise in net profit, with a 47% surge in revenue year-on-year. Rupee The Indian rupee ended slightly weaker at ₹86.41 against the US dollar, compared to the previous close of ₹86.36. Market sentiment was also influenced by global developments, with investors closely tracking geopolitical cues and trade policy signals, including the potential impact of proposed US tariffs on key sectors. With the earnings season in full swing, market participants are expected to remain stock-specific in the near term, while global trends and macroeconomic data continue to guide broader direction, say analysts.

Sensex today rises 300 points, extends rally to 4th day; Nifty above 25,600; OMCs outperform
Sensex today rises 300 points, extends rally to 4th day; Nifty above 25,600; OMCs outperform

Mint

time27-06-2025

  • Business
  • Mint

Sensex today rises 300 points, extends rally to 4th day; Nifty above 25,600; OMCs outperform

Stock market today: Indian equities ended higher for the fourth straight day on Friday, June 27, largely led by select heavyweights including Reliance Industries, ICICI Bank, and Bharti Airtel, which pushed the frontline indices another step closer to their September peaks. A strong handover from Wall Street, coupled with a rebound in overseas inflows, helped the Nifty 50 to stay higher during Friday's session, gaining 93 points, or 0.36%, to finish the session at 25,642, while the Sensex rose 300 points, or 0.36%, to settle at 84,055. Both indices concluded the week with solid gains of over 2% each, as easing tensions in the Middle East helped shrug off concerns about a potential global economic impact and triggered a sharp decline in crude oil prices, bringing renewed optimism to Dalal Street. Meanwhile, the broader markets have also ended the week with healthy gains despite valuation concerns, with Nifty Midcap 100 and Nifty Small Cap 100 closing with 2.44% and 4.35%, respectively. As the 90-day reciprocal tariff suspension announced by U.S. President Donald Trump in April nears its end, market attention has turned to whether the deadline will be extended. Trump had suspended certain tariffs for 90 days, and that window expires on July 9. Separately, the European Union faces a July 9 deadline to finalize a trade deal before the U.S. imposes 50% duties on imports from the bloc. However, White House Press Secretary Karoline Leavitt downplayed the urgency of the deadline, saying on Thursday that the cutoff dates are "not critical," according to a CNBC report. "Perhaps it could be extended, but that's a decision for the president to make," Leavitt was quoted as saying. Meanwhile, other media reports indicate that New Delhi and Washington are still negotiating a mini trade deal as part of a scaled-down Bilateral Trade Agreement (BTA), which is likely to be finalized by September. Amid hopes of an extension to the tariff suspension, expectations have also grown that the U.S. economy could see an acceleration in interest rate cuts. This follows speculation that President Trump is contemplating naming a replacement for Federal Reserve Chair Jerome Powell as early as September or October, well ahead of the typical three- to four-month transition period.

10 large-cap stocks to bet across sectors that may gain up to 32% in H2CY25
10 large-cap stocks to bet across sectors that may gain up to 32% in H2CY25

Business Standard

time27-06-2025

  • Business
  • Business Standard

10 large-cap stocks to bet across sectors that may gain up to 32% in H2CY25

Bharti Airtel, DMart, Adani Enterprises, Eternal among 10 large-cap stocks that look technically strong on charts and can deliver double-digit returns in the next six months. Rex Cano Mumbai Listen to This Article Large-cap stocks have outperformed the broader market in the first-half of the calendar year 2025. As we draw curtains to June 2025, the National Stock Exchange (NSE) Nifty 50 index has gained the most, and is up 8.1 per cent, while the large-cap index - the Nifty 100 has gained 6.6 per cent. In comparison, the Nifty MidCap 100 and the Nifty SmallCap 100 are up 3.5 per cent and 0.2 per cent, respectively. Analysts believe that the underperformance of small-and mid-cap stocks in H1 was on account of tepid corporate earnings and uncertain global environment. READ

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