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[hfe_template id='11223'] [ad_1] India Inc's Q4 FY25 earnings season continues this week, with 81 companies scheduled to release their financial results. Key names to watch include ITC, Sun Pharma, IndusInd Bank, Power Grid Corporation of India, Hindalco, Interglobe Aviation (IndiGo), ONGC, Bharat Electronics, DLF, Dixon Technologies, Solar Industries, United Spirits, Ashok Leyland, Grasim, RVNL, and Honasa Consumer. Here are the key earnings to watch out this week: May 19 Acme Solar Holdings, Bharat Electronics, DLF, DOMS Industries, Eris Lifesciences, Gujarat Gas, HEG, IRB Infrastructure Developers, Jupiter Wagons, NLC India, Petronet LNG, Pfizer, PI Industries, Power Grid Corporation Of India, Redington, Sun Pharma Advanced Research Company, The New India Assurance Company, Zydus Wellness. 20th May Aster DM Healthcare, Dixon Technologies (India), EIH, Fortis Healthcare, Gland Pharma, Godawari Power And Ispat, Gujarat State Fertilizers & Chemicals, Hindalco Ind...

[hfe_template id='11223'] [ad_1] IndusInd Bank shares slipped by 5.6% to their day’s low of Rs 735.95 on the BSE in early trade on Friday after the private lender revealed that its internal audit department (IAD) found "unsubstantiated balances" of Rs 595 crore under "other assets" in its balance sheet. The audit also reviewed the roles of key employees involved in the matter. In a regulatory filing on Thursday, the bank said the discrepancy was uncovered following a whistleblower complaint. The Audit Committee had subsequently directed the IAD to examine transactions recorded in both "other assets" and "other liabilities". The IAD submitted its findings on May 8, 2025, confirming that Rs 595 crore in “other assets” was unsubstantiated. These balances were later set off against corresponding entries in “other liabilities” in January 2025, the bank said. The audit also evaluated the actions of key employees linked to the lapse. This...

[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened lower on Thursday, dragged by losses in banking and auto stocks, after a strong rally earlier this week that took them to nearly seven-month highs. Analysts expect consolidation as recent gains from trade deal progress and macroeconomic stability appear to be priced in. At around 9:47 am, the BSE Sensex was down 501 points, or 0.62%, at 80,828, while the Nifty50 slipped 131 points, or 0.53%, to 24,535. From the Sensex pack, IndusInd Bank, Sun Pharma, M&M, Maruti, Kotak Bank, and Axis Bank were among the top laggards in early trade, while Tech Mahindra, Adani Ports, Tata Motors, and HCL Tech opened with gains. Among individual stocks, Tata Power jumped 2% after the company reported a 25% YoY increase in its consolidated net profit, reaching Rs 1,306 crore in Q4FY25. Eicher Motors shares surged 2% after the company posted a strong set of Q4FY25 numbers, with consolidated net profit rising 27% year-on-ye...

[hfe_template id='11223'] [ad_1] Domestic markets traded lackluster on Tuesday and ended nearly unchanged in the absence of any significant trigger. In today's trade, shares of Vedanta, Adani Power, Bajaj Finance, IndusInd Bank, BPCL among others will be in focus due to various news developments and fourth quarter results. Vedanta, Adani Power, IOC, Varun Beverages Shares of Vedanta, Adani Power, IOC and Varun Beverages will be in focus as the companies will announce their fourth quarter results today. Bajaj Finance India's largest NBFC Bajaj Finance on Tuesday recommended the issue of 4:1 bonus equity shares. The fourth quarter profit also rose 19% YoY to Rs 4,546 crore. Bajaj Finserv Bajaj Finserv on Tuesday reported a 14% jump in its Q4FY25 net profit to Rs 2,417 crore versus Rs 2,119 crore reported in the year ago period BPCL Bharat Petroleum Corporation Ltd (BPCL) reported an 8% YoY decline in its March quarter consolidated net profit at Rs 4,392 crore versu...

[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened higher for the second consecutive day on Tuesday, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment. The BSE Sensex was trading 405 points, or 0.51%, higher at 80,612. The Nifty50 was up 120 points, or 0.49%, trading at 24,449 around 9:23 am. Among the Sensex constituents, IndusInd Bank, Tata Motors, Axis Bank, Reliance Industries, SBI, Bharti Airtel, and Tata Steel were the top gainers, rising up to 2% in early trade. On the flip side, Sun Pharma, Power Grid, Bajaj Finance, and Nestle India opened lower. U.S. Treasury Secretary Scott Bessent said on Monday that many top trading partners had made "very good" tariff proposals, with a potential deal with India expected soon. He indicated that an agreement could be finalised this week or next. Meanwhile, U.S. Commerce Secretary Howard Lutnick stated t...

[hfe_template id='11223'] [ad_1] Investors' wealth got wiped out by Rs 8.88 lakh crore in two days of market slump due to profit-taking and growing tensions along the Indo-Pak border following the terror attack at Pahalgam in Jammu & Kashmir. On Friday, the 30-share BSE barometer tanked 588.90 points or 0.74 per cent to settle at 79,212.53. During the day, it dropped 1,195.62 points or 1.49 per cent to 78,605.81. In two days, the benchmark has lost 903.96 points or 1.12 per cent. The market capitalisation of BSE-listed firms declined by Rs 8,88,975.14 crore to Rs 4,21,58,900.91 crore (USD 4.93 trillion) in two days. Experts said worries over growing geopolitical tensions after Tuesday's Pahalgam terror attack weighed on market sentiment. "Benchmark indices extended losses on Friday in a volatile session on rising tensions between India and Pakistan in the aftermath of terror attack in J&K. Live Events "Investors also looked to book profits a...

[hfe_template id='11223'] [ad_1] Indian benchmark indices Sensex and Nifty ticked higher on Tuesday, as the Reserve Bank of India's (RBI's) liquidity-enhancing measures helped counter weak global cues triggered by U.S. President Donald Trump's continued criticism of the Federal Reserve chair Jerome Powell. The BSE Sensex was up 205 points, or 0.26%, at 79,613, while the Nifty50 rose 52 points, or 0.21%, to 24,177 around 9:36 am. From the Sensex pack, Eternal, Kotak Mahindra Bank, Tata Steel, HDFC Bank, and Bajaj Finance were among the top gainers, rising up to 3.4% in early trade. In contrast, IndusInd Bank, Infosys, Power Grid, Asian Paints, and HCL Tech opened in the red. Nifty Bank stocks gained up to 1.4% after the RBI directed lenders to assign a lower-than-proposed buffer rate of 2.5% on digitally accessible deposits, with a one-year compliance window — the latest move in its regulatory easing efforts. Meanwhile, IT stocks such as Infosys, HCL Tech, Wip...

[hfe_template id='11223'] [ad_1] Banks are expected to report yet another muted quarter, with Q4FY25 earnings taking a hit due to slower-than-expected loan growth and pressure on net interest margins. While the 25 bps rate cut in the February monetary policy by the Reserve Bank of India (RBI) is expected to show its impact, another 25 bps cut announced on Wednesday could cause further setbacks going forward. The earnings season kicked off on Thursday with the announcement of the January–March quarter results by Tata Consultancy Services (TCS). Banks will begin their earnings announcements with HDFC Bank, scheduled to declare its results on April 19. While banks and financials have shown more resilience than other sectors over the past three months, and private banks have outperformed PSU banks, the investment strategy, according to InCred, should remain “selective and tactical.” Kotak Mahindra Bank and ICICI Bank are standout stocks that have delivered positive returns o...

[hfe_template id='11223'] [ad_1] Markets came under pressure and declined by nearly one and a half percent, largely weighed down by weak global cues. In today's trade, shares of Nykaa, Delhivery, IndusInd Bank, Mazagon Dock, ITC among others will be in focus due to various news developments and third quarter updates. Nykaa Nykaa's consolidated net revenue growth is expected to be in the low to mid-twenties in the fourth quarter, the company said in its fourth quarter update. Delhivery Logistics services provider Delhivery announced acquisition of Ecom Express for a cash consideration of about Rs 1,400 crore to scale up its business. Bajaj Housing Finance Bajaj Housing Finance gross disbursements for the fourth quarter reached nearly Rs 14,250 crore, a notable increase compared to Rs 11,393 crore in the same period last year. Live Events IndusInd Bank IndusInd Bank fourth-quarter loan growth dropped 5.2% and its deposit expansion remained flat from three months ag...

[hfe_template id='11223'] [ad_1] Indian markets managed to close in the green for the seventh consecutive trading session on Tuesday, which suggests there is continued buying interest in domestic equities. Analysts expect the market to continue with a gradual up-move on the back of FII inflows, strong INR and positive cues from the US market. STATE OF THE MARKETS Tech View: Immediate support is placed at 23,600, and a decisive drop below this level could drive the index toward 23,300. On the upside, resistance is at 23,800, and a breakout above this level may resume the rally. India VIX: India VIX, which is a measure of the fear in the markets, rose 0.7% to settle at 13.79 levels. Stocks in F&O ban today 1) Manappuram 2) Hindustan Copper Live Events 3) Polycab4) IndusInd Bank5) SAIL Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit. FII/DII action Foreign portfolio invest...

[hfe_template id='11223'] [ad_1] JK Lakshmi Cement shares will be in focus on Wednesday after the company received a Rs 45.6 crore demand from the Income Tax Department for the assessment year 2022-23. The firm disclosed in a regulatory filing that it received the assessment order on March 18, 2025. "In the said order, the income tax officer has made certain additions to the company’s declared income, resulting in an aggregate demand of Rs 4,559.60 lakh," the company stated. Also Read: Stocks in news: Bajaj Auto, L&T, Bharti Airtel, Hindustan Zinc, Dr Reddy’s JK Lakshmi Cement said it will file an appeal against the order before the appropriate authorities. Based on a preliminary assessment, the company believes the demand is fallacious, legally untenable, and likely to be set aside in the course of proceedings. Live Events The company also clarified that it does not anticipate any material impact on its financial, operational, or other activities. JK Laksh...

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices traded flat on Wednesday as gains in metal stocks, following the government's recommendation of a temporary tax on certain steel imports, offset losses in IT stocks ahead of the Federal Reserve's policy decision. The BSE Sensex was trading 34 points, higher at 75,335. The Nifty50 was up 15 points, trading at 22,849 around 9:45 am. From the Sensex pack, Tata Steel, Zomato, NTPC, IndusInd Bank, SBI, and Bajaj Finance were the top gainers, rising up to 2%. Meanwhile, TCS, HCL Tech, Infosys, and Tech Mahindra opened lower. Tata Steel and other metal stocks surged after the Directorate General of Trade Remedies (DGTR) recommended a 12% safeguard duty on the import of certain steel products. CLSA said that the duty and domestic prices in line with import parity will add to the multiple positive catalysts for the sector, such as improving demand outlook due to China stimulus hopes and a rise in capex in Eu...

[hfe_template id='11223'] [ad_1] An unabated outflow in the secondary market since October is likely to result in the worst ever annual equity selloff for FY25 in rupee terms by foreign portfolio investors (FPIs). They sold Rs30,015 crore worth of equities including primary and secondary markets in the first two weeks of March, taking the total outflow during the fiscal year so far to Rs 1.5 lakh crore. It has surpassed the earlier peak outflow of Rs1.4 lakh crore in FY22. In the dollar terms, FPIs sold $17,664 million worth of equity in FY25 so far, which is lower than $18,468 million sold in FY22. The difference in the rupee and dollar denominated numbers can be attributed to the 12% depreciation in the rupee between FY22 and FY25. ETMarkets.com ETMarkets.com Live Events FPIs were net sellers in the secondary market in March for the first fortnight, selling $3,628 million worth of equities. They remained net sellers on each of the nine trading sessions during the per...

[hfe_template id='11223'] [ad_1] Sensex recovered most of its losses to close marginally down in a volatile session on Tuesday even as private lender IndusInd Bank slumped 27 per cent and global markets declined on US recession worries. Stocks that were in focus include names like IndusInd Bank, which fell 27% and PC Jewellers, which gained 0.8% and Mold-Tek, whose shares gained 0.2% on Tuesday. Here's what Viral Chheda, Sr Analyst at SSJ Finance and Securities, recommends investors should do with these stocks when the market resumes trading today. IndusInd Bank After moving in the range of 926-1100 for the past 4 months, price has witnessed a steep correction to trade a four years low of 667 odd levels. In the current week stock has given a correction of almost 30% from its previous week closing level. Stock looks weak and we can see further dip till 600-550 odd levels. Live Events As the stock is facing more selling pressure we would recommend staying away from it ...

[hfe_template id='11223'] [ad_1] Domestic markets traded in a narrow range on Friday and ended almost flat, pausing after two consecutive sessions of gains. In today's session, shares of Gensol Engineering, HCL Tech, Tata Power, NMDC, IndusInd Bank among others will be in focus due to various news developments. HCL Tech Shiv Nadar inked a gift deed to give 47% shareholding of HCL Corp and Vama Delhi each to his daughter Roshni Nadar Malhotra. RailTel RailTel bagged a work order worth Rs 28.29 crore from Northern Railway. Tata Power Tata Power's arm Tata Power Renewable Energy has signed a memorandum of understanding (MoU) with the government of Andhra Pradesh to collaborate on renewable energy projects in the state. JSW Steel Crude Steel Production was up around 12% YoY At 24.07 lakh tonnes versus 21.50 lakh tonnes. Shilpa Medicare US FDA issued a Form 483 with 1 observation for Raichur-based Unit-1 of its arm Shilpa Pharma Lifesciences. ONGC ONGC arm ONGC Petro ...

[hfe_template id='11223'] [ad_1] Mumbai: Global index provider MSCI has included Hyundai Motor India in its Global Standard Index and removed Adani Green Energy from the measure as part of its February review. The changes, announced on Wednesday, will take effect after market close on February 28. Hyundai India launched its initial public offering (IPO) in October, raising ₹27,870 crore, making it the largest IPO in Indian stock market history. The stock is currently trading about 7.7% lower than its offer price of ₹1,960. The weights of IndusInd Bank, Zomato, Varun Beverages, Mankind Pharma, Torrent Pharmaceuticals, Dixon Technologies, PB Fintech, Adani Enterprises, and Voltas have increased in the MSCI Standard Index. According to Abhilash Pagaria of Nuvama Alternative & Quantitative Research, India's weight in the Emerging Markets (EM) index, currently around 18.8%, is expected to rise to 19% by the adjustment date. This will result in net passive inflows of $...

[hfe_template id='11223'] [ad_1] IndusInd Bank shares jumped 1.5% on the BSE today, reaching a day’s high of Rs 1,007.50 after the lender reported a 39% year-on-year (YoY) decline in standalone net profit for Q3FY25, dropping to Rs 1,401 crore from Rs 2,298 crore a year ago. Despite the decline, the profit after tax (PAT) surpassed street estimates of Rs 1,282 crore. The bank's interest income rose 11% YoY to Rs 12,801 crore in Q3FY25 from Rs 11,572 crore in the same quarter last year. On a consolidated basis, PAT fell 39% YoY to Rs 1,402 crore from Rs 2,301 crore. Net interest income (NII) declined to Rs 5,228 crore in Q3FY25 from Rs 5,296 crore in Q3FY24, while net interest margin (NIM) contracted to 3.93% from 4.29% a year ago and 4.08% in Q2FY25. The yield on assets stood at 9.63%, down from 9.75% in the year-ago quarter, while the cost of funds rose to 5.70% from 5.46% YoY. Also Read: Stocks in news on Budget day: ITC, Sun Pharma, Vishal Mega Mart, Infosys, Hero...

[hfe_template id='11223'] [ad_1] The third quarter (Q3 FY25) earnings season is underway and as many as 140 companies will declare their results this week. Some of the marquee names include Tata Steel, Bajaj Auto, L&T, Adani Enterprises, Adani Ports, TVS Motor, Bajaj Finserv, Bajaj Finance, Maruti Suzuki, Tata Motors, IndusInd Bank, ONGC, and Nestle India among others. Here are the key earnings to watch out this week: 27th January360 One Wam, ACC, Adani Total Gas, Adani Wilmar, Aditya Birla Sun Life AMC, Canara Bank, Coal India, Emami, Indian Oil Corporation, Indraprastha Gas, Kaynes Technology India, Maharashtra Seamless, Petronet LNG, Piramal Enterprises, Railtel Corporation of India, Sumitomo Chemical India, Sundram Fasteners, Tata Steel, The Federal Bank, The New India Assurance Company, and Union Bank of India. 28th January Apar Industries, Bajaj Auto, Bharat Heavy Electricals, Bosch, CE Info Systems, CG Power and Industrial Solutions, Cipla, Colgate-Palmolive (...

[hfe_template id='11223'] [ad_1] Indian blue-chip equity indices, the Sensex and Nifty50, reversed their early gains and traded in the red on Friday. While IT stocks gained after TCS met its quarterly profit estimates, the gains were offset by declines in index heavyweight Reliance Industries and banking and financial stocks. The BSE Sensex was trading 217 points, or 0.28%, lower at 77,403. The Nifty50 was down 79 points, or 0.34%, trading at 23,447 around 9:41 am. From the Sensex pack, TCS, Tech Mahindra, Infosys, HCL Tech, and M&M were the top gainers, rising by up to 5% in early trade. Meanwhile, IndusInd Bank, NTPC, Zomato, Power Grid, and SBI opened lower. Tata Consultancy Services posted roughly in-line third-quarter results, marking the start of the earnings season. The company also provided encouraging signs about the revival of client spending, particularly in the key U.S. market, as expected by the street. Meanwhile, IndusInd Bank dropped over 2% and became...

[hfe_template id='11223'] [ad_1] In line with Asian markets, Indian benchmark equity indices opened on a flat note on Friday amid a thin year-end trading, with broad-based gains observed across all the sectors. The 30-stock BSE Sensex surged by over 524 points, trading 0.67% higher at 78,947.57, while the Nifty rose by 161 points, or 0.68%, to stay above the 23,900 mark around 10:20 AM. From the Sensex pack, IndusInd Bank, Tata Motors and ICICI Bank opened higher, while Titan, HCL Tech and Adani Ports were the top losers. Maximum gains were seen in the Nifty Auto index, which was up by 0.9%. This was led by gains from the shares of Bajaj Auto, Here MotoCorp, M&M and Tata Motors, which were up between 1-2.5%. Sectorally, all indices except the Nifty IT and Nifty Healthcare were trading in the green around 9:30 am. Meanwhile, the Nifty smallcap index was up by 0.4%, while the midcap index was up by 0.25%. IndusInd Bank shares grabbed a spotlight after surging by 2.4% t...