Bajaj Finance Q1 Results Preview: Up to 19% YoY PAT growth seen, NII may jump up to 24%. 5 other metrics to track
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
13 minutes ago
- Economic Times
Sobha Ltd shares in focus as Q1 PAT surges 123% YoY
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Mint
15 minutes ago
- Mint
Bulls and bears clash at 25,200: Will Nifty break free?
Indian stocks could see more volatility this week as the Nifty struggled to hold above the 25,200 level last week. This key resistance has triggered a battle between bulls and bears, amid heavy selling by foreign investors. Bears concluded four straight weeks of negative closing last Friday— the Nifty fell by 3.12% from 27 June to 24,837 on 25 July— with heavy open interest accumulating at the 23,900 strike Nifty call option expiring this Thursday. At closing on Friday, bears raised open positions— outstanding sell positions— of the 24,900 call by a whopping 962% to 86,159 contracts (one contract comprises 75 shares). "The sale shows that bears are confident, at least for now, of the market remaining below 24,900 by the end of this month," said Kruti Shah, quant analyst at Equirus. High levels of call selling reflects trader anticipation of further cuts in the market while heavy put selling indicates bullishness. Shah said that any downside after four weeks of an 800 point fall would be restricted to 24,500-24,600 levels, given the huge support by DIIs (domestic institutional investors). "Unless the market breaks the 25,200 resistance convincingly, it faces the prospect of a further cut to 24,500/600, which are strong supports," added Shah. Chandan Taparia, derivatives and technical head of research, Motilal Oswal added that the index has repeatedly failed to hold above this level. 'My range for now is 24,500 to 22,500," he said. Three failed attempts Since hitting a multi-month low of 21,743 on 7 April, the Nifty has gained 14% to 24,837. But it has failed three times to sustain above 25,200; each time falling sharply afterward. On 15 May, it jumped to 25,116.25 but fell 654 points to 24,462 by 22 May. It then bounced back 698 points to close at 25,160.1 on 9 June, only to slip again—this time by 687 points—to 24,473 on 13 June. A final recovery took the index to 25,669 on 30 June, but by last Friday it had fallen sharply once again by 832 points to 24,837. India lags global peers Indian markets have underperformed most global peers this year, amid tepid earnings growth and high valuations, forcing FPIs to press the sell button in favour of other emerging markets. For instance, while the MSCI India Index delivered a gross return of 6.55% in the calendar year through June, other major Asian markets fared better. The MSCI China Index returned 17.46%, MSCI Korea surged 39.69%, and MSCI Taiwan gained 10.43% during the same period, according to MSCI data. "FPIs are selling India in favour of other EMs as our earnings growth though better than expected doesn't justify the relatively high valuations," explained SK Joshi, consultant at Khambatta Securities. After net buying shares worth ₹8,467 crore in India's cash market last month, FPIs turned net sellers, offloading ₹20,263 crore worth of equities in the month through 24 July, National Securities Depository Ltd (NSDL) data showed. The reversal coincides with tepid earnings momentum—while standalone profits for the June quarter rose 22% year-on-year to ₹1.49 trillion, sequential growth was a mere 0.24%, according to Capitaline.
Mint
15 minutes ago
- Mint
Q1 results today: BEL, GAIL, IndusInd Bank, Adani Total, Torrent Pharma, Nippon Life to release earnings on July 28
Q1 results today, on July 28: BEL, Adani Green, Torrent Pharma, GAIL, Nippon Life, IndusInd Bank and Mazagon Dock Shipbuilders are among at least 20 companies scheduled to release their earnings report on Monday, July 28. Overall, over 100 firms are listed to announce their Q1FY26 results during the week of July 28-August 2. These include big names such as Infosys, Paytm, Nestle India, Eternal, Dixon Technologies, and IRFC, among others. Investors are keenly watching these for corporate announcements, forward looking statements, revenue outlooks, and share prices, to make calculated investment decisions. At least 20 companies are set to release their Q1 earnings on Monday, July 28. These include many public sector (PSU) heavyweights such as BEL, GAIL, Railtel Corp., NTPC Green, and Mazagon Dock; and private marquee companies such as Adani Total, Adani Green, IndusInd Bank and Piramal Pharma. Firms releasing their earnings today include, Bharat Electronics Ltd, Adani Green Energy, Torrent Pharmaceuticals, Mazagon Dock Shipbuilders, GAIL, Waaree Energies, NTPC Green Energy, IndusInd Bank, Adani Total Gas, Nippon Life India Asset Management, Go Digit General Insurance, Piramal Pharma, Ajanta Pharma, KEC International, Paradeep Phosphates, Gravita India, Railtel Corporation of India, CarTrade Tech, Vijaya Diagnostic Centre, and JK Paper, among others. The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to see a muted opening today, tracking mixed global market cues. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,832 level, a discount of nearly 18 points from the Nifty futures' previous close. On Friday, the Indian stock market ended with sharp losses, with the benchmark Nifty 50 closing below 24,900 level. The Sensex crashed 721.08 points, or 0.88 per cent, to close at 81,463.09, while the Nifty 50 settled 225.10 points, or 0.90 per cent, lower at 24,837.00. According to Om Mehra, Technical Research Analyst at SAMCO Securities, 'the gap between the 9-day and 20-day EMAs has begun to widen, indicating a strengthening bearish outlook in the short term. The index also breached the 61.8 per cent Fibonacci retracement level drawn from the previous swing low to high, which was placed near 24,920, signaling a potential breakdown of the recent recovery attempt.' Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
