Latest news with #NiftySmallcap100
India Today
5 hours ago
- Business
- India Today
Sensex gains 442 points, Nifty ends above 25,000; Eternal jumps over 7%
Benchmark stock market indices recovered early losses to close higher on Monday, as heavyweight financials and private sector bank stocks surged later in the S&P BSE Sensex gained 442.61 points to close at 82,200.34, while the NSE Nifty50 added 122.30 points to end at 25, Nair, Head of Research, Geojit Investments Limited, said that positive results from banking majors supported the market to rebound after many days of consolidation.'The market remains highly reactive to earnings, indicating that investors remain focused on the earnings front to aid valuation. The manufacturing segment gained today as the government is reviewing the scope of expanding the infrastructure spending to support growth,' he biggest gainer of the day on Sensex was Eternal, which jumped 5.38%, followed by ICICI Bank with a 2.76% rise. HDFC Bank also performed well, climbing 2.19%. Mahindra & Mahindra gained 1.75%, while Bharat Electronics Ltd (BEL) rose 1.37%.The market saw sharp falls in some well-known stocks. Reliance Industries was the biggest loser, dropping 3.29%. HCL Technologies fell 1.21%, Hindustan Unilever was down 1.20%, Tata Consultancy Services slipped 0.99%, and ITC declined 0.59%.advertisementThe Nifty Midcap 100 gained 0.62% while Nifty Smallcap 100 fell 0.01%, and India VIX dropped 1.66%. Among the sectoral indices, several showed positive momentum with Nifty Oil & Gas leading at 1.09%, followed by Nifty Metal at 1.03%, Nifty Auto at 0.67%, Nifty Realty at 0.64%, Nifty Consumer Durables at 0.56%, Nifty Private Bank at 4.26%, Nifty Financial Services at 1.37%, and Nifty Media at 0.16%. Nifty FMCG faced the biggest decline at 0.50%, followed by Nifty IT which dropped 0.30%. Nifty Pharma fell 0.27%, Nifty Healthcare declined 0.23%, and Nifty PSU Bank slipped 0.62%.(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
Mint
6 hours ago
- Business
- Mint
Top Gainers and Losers on July 21: Mastek, Eternal, Apar Industries, UPL, NALCO among top gainers today
Indian equities concluded Monday's trading session (July 21) on a positive note, with strong gains in banking heavyweights including HDFC Bank and ICICI Bank, along with a rally in select auto stocks, helping the Nifty 50 reclaim the 25,000 mark. The index ended at 25,079 points, up 0.44% from Friday's closing level. The gains could have been higher if Reliance Industries, the largest heavyweight among Nifty constituents, had not crashed nearly 4%, following its June quarter performance. Meanwhile, the S&P BSE Sensex ended the session at 82,194, rising 0.53% over the previous close. Broader markets were mixed, with the Nifty Midcap 100 index climbing 0.60%, while the Nifty Smallcap 100 index slipped marginally by 0.06%. Among individual stocks, HDFC Bank and ICICI Bank ended with gains of up to 2.9% as investors reacted positively to their June quarter results, which were released over the weekend. Meanwhile, Eternal (formerly Zomato) shares closed with a solid 7% gain after the company reported a 70% YoY jump in revenue and a net profit of ₹ 25 crore, compared to a loss of ₹ 250 crore in the same period last year. The Street appeared to be particularly encouraged by the strong performance of its quick-commerce division, which reported revenue of ₹ 2,400 crore, up from ₹ 942 crore a year ago. Looking at other developments, the potential mini trade deal between India and the US is expected to be finalized soon. US President Donald Trump recently said that a deal with India was "very close," ahead of the August 1 deadline, when duties on most US imports are set to rise again. Recent reports also suggest that India and the UK are likely to seal a long-awaited free trade agreement this week, which could grant Indian textiles and electric vehicles duty-free access to the UK market while easing the entry of British whisky, cars, and food exports into India. Meanwhile, overseas investors continue to pull funds from Indian exchanges. So far in July, they have sold Indian stocks worth ₹ 10,775 crore, although they remain invested in the primary markets—an indication that they see stock valuations in the secondary market as stretched.
India Today
11 hours ago
- Business
- India Today
Sensex opens flat, Nifty below 25,000; RIL falls 2%
Benchmark stock market indices opened flat on Monday as IT sector and PSU banking stocks fell in early trade. RIL shares also fell nearly 2%, dragging the markets S&P BSE Sensex was down by 130.29 points to 81,627.44, while the NSE Nifty50 lost 48.95 points to 24,919.45 as of 9:22 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the single most important factor which the market will be focusing on in the coming days will be the outcome of the trade talks between the US and India."If an interim trade deal between the two countries is reached with a tariff rate of less than 20 % on India, that would be a positive from the market perspective," he stock market started weak on Monday, with many top companies falling just after the opening biggest losers in erly trade were Reliance Industries, which dropped by 1.95%, followed by Axis Bank, down 1.72%. Mahindra & Mahindra slipped 1.17%, Infosys fell 1.04%, and HCL Technologies declined by 0.97%.However, a few stocks opened in green. Tata Steel led the gainers with a rise of 1.60%. HDFC Bank was next, gaining 1.34%, followed by Eternal at 1.11%. ICICI Bank added 0.80%, and UltraTech Cement rose by 0.53%.advertisementThe Nifty Midcap100 fell 0.37% while Nifty Smallcap100 declined 0.52%, but India VIX jumped 2.17%. Among the sectoral indices, only a few showed positive momentum with Nifty Pharma leading at 0.59%, followed by Nifty Metal at 0.47% and Nifty Financial Services at 0.14%. Nifty Private Bank remained flat with no Oil & Gas faced the biggest decline at 1.14%, followed by Nifty PSU Bank which dropped 0.88% and Nifty IT at 0.86%. Other losers included Nifty Auto at 0.62%, Nifty Healthcare at 0.58%, Nifty Media at 0.56%, Nifty FMCG at 0.51%, Nifty Consumer Durables at 0.38%, and Nifty Realty at 0.19%."Weekend Q1 results were good with ICICI Bank reporting the best numbers, particularly in PAT and credit growth. HDFC Bank also reported steady set of numbers. In the banking results, so far, Axis Bank's numbers are the most disappointing,said Vijayakumar.(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.)- EndsMust Watch
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Business Standard
2 days 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
India Today
3 days ago
- Business
- India Today
Sensex tumbles over 600 points: Why is stock market falling today?
Benchmark market indices tumbled sharply on Friday, dragged down by financial stocks after Axis Bank reported a surprise profit drop for the June 30-share BSE Sensex tumbled 644.99 points to 81,614.25 around 12:19 pm, while the NSE Nifty 50 fell 191.30 points to 24,920.15. Losses were broad-based, with most of the major sectoral indices in the Nifty Financial Services index shed over 1%, while the Nifty Private Bank index declined 1.3%.advertisement Axis Bank led the slide, plunging over 4%—its sharpest fall in six months—after it posted a lower-than-expected June-quarter bank attributed the miss to a rise in bad loans following a one-time industry-wide benchmarking exercise and a dip in its net interest margin to 3.8%, down from 4.05% in the previous lender said it had to realign its asset classification norms after discovering that a peer bank was using a stricter standard. While Axis did not name the bank, the change led to higher provisioning and credit flagged further concerns. Macquarie said the results raised "more questions than answers", pointing to Axis's elevated credit costs compared to peers, even after accounting for the one-time miss at Axis Bank weighed on investor sentiment across the sector, even as IT stocks provided some relief. Wipro gained 3% following its results, but the Nifty IT index remained flat as LTIMindtree slipped 2%.Broader markets also stayed weak. The Nifty Smallcap 100 and Midcap 100 indices were down 0.6% and 0.5%, respectively. So far this week, the Sensex has shed 0.8%, while the Nifty is down 0.5%, setting up both indices for a third straight week of eyes are now on the June-quarter results of heavyweights HDFC Bank and ICICI Bank, due on Saturday, which could set the tone for next week's market direction.- EndsTrending Reel
