Quick Wrap: Nifty Auto Index declines 2.17%, NIFTY Tumbles 1.05%
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Mint
11 minutes ago
- Mint
Q1 results today: Concor, Airtel, Britannia, Lupin, Castrol India, Adani Ports, Eveready earnings on August 5
Q1 results today, on August 5: Concor, Airtel, Britannia, Lupin, Castrol India, Adani Ports and Eveready Industries are among at least 147 companies scheduled to release their earnings report on Tuesday, August 5. Overall, over 900 firms are listed to announce their Q1FY26 results during the week of August 4-9. These include big names such as Aurobindo Pharma, Adani Ports, Bharti Airtel, Ramco, Britannia, Titan, and LIC 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 147 companies are set to release their Q1 earnings on Tuesday, August 5. These include many public sector (PSU) heavyweights such as Concor, NCC and private marquee companies such as Lupin, Britannia, Airtel, Castrol, Exide, Eveready, Berger Paints and Adani Ports. Firms releasing their earnings today include, Bharti Airtel, Britannia Industries, Adani Ports and Special Economic Zone, Lupin, Bharti Hexacom, Berger Paints India, Prestige Estates Projects, Container Corporation of India, Torrent Power, Gujarat Fluorochemicals, Exide Industries, Gland Pharma, Eris Lifesciences, Gujarat Gas, EIH, Castrol India, Eris Lifesciences, Jindal Saw, NCC, Tega Industries, Godawari Power & Ispat, Transrail Lighting, Zinka Logistics Solutions, Keystone Realtors, Ellenbarrie Industrial Gases, Raymond Realty, and Eveready Industries India, among others. The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note today amid US President Donald Trump's higher tariffs threat, despite upbeat global market cues. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,757 level, a discount of nearly 37 points from the Nifty futures' previous close. On Monday, the domestic equity market ended higher, with the Nifty 50 closing above 24,700 level. The Sensex rallied 418.81 points, or 0.52 per cent, to close at 81,018.72, while the Nifty 50 settled 157.40 points, or 0.64 per cent, higher at 24,722.75. According to Shrikant Chouhan, Head Equity Research at Kotak Securities, the market in the short term is 'weak, but oversold', adding that 'a sharp technical bounce back is not ruled out from the current levels. For day traders, 80,600 and 80,500 would act as key support zones for Sensex, while 81,500 - 81,800 could be the key resistance areas for the bulls.' He however felt that below 80,500, 'the sentiment could change, and traders may prefer to exit their long positions'. 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.
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Business Standard
11 minutes ago
- Business Standard
Stock Market LIVE Updates: GIFT Nifty futures indicate negative start; global stocks edge higher
Stock Market LIVE Updates on Tuesday, August 5, 2025: Indian benchmark indices Sensex and Nifty are poised for a lower opening amid uncertainty around trade tariffs. US President Donald Trump said on Monday he will substantially raise tariffs on goods from India over its Russian oil purchases, while New Delhi said it would take measures to safeguard its interests and called its targeting by the US president "unjustified." That said, GIFT Nifty futures were trading lower by 38 points at 24,755. Meanwhile, market participants will also monitor the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting, scheduled from August 4 to August 6. While some experts are expecting another 25 bps cut, others believe that the committee will further lower the inflation estimate. READ MORE Globally, Asia-Pacific markets rose, tracking a pullback on Wall Street. Last seen, Japan's Nikkei was up 0.43 per cent, Australia's ASX 200 1.14 per cent, mainland China's CSI 300 0.33 per cent, Hong Kong's Hang Seng 0.29 per cent, and South Korea's KOSPI 1.49 per cent. US markets closed higher as investors followed the latest batch of corporate earnings. At close, Dow Jones was up 1.34 per cent, S&P 500 1.47 per cent, and Nasdaq 1.95 per cent.Q1 results today Bharti Airtel, Adani Ports and Special Economic Zone, Lupin, Britannia Industries, Alembic Pharmaceuticals, Aarti Surfactants, Berger Paints India, Bharti Hexacom, CARE Ratings, Container Corporation of India, Exide Industries, Gland Pharma, Gujarat Gas, Jindal Saw, NCC, Prestige Estates Projects, Keystone Realtors, and Torrent Power will announce their quarterly earnings today. Besides, Aurobindo Pharma, Bosch, DLF, and other companies' stock will be in focus, which released their quarterly results on Monday after market today Among the mainboard initial public offers (IPOs), Highway Infrastructure Ltd. IPO will open for subscription. Shares of Aditya Infotech and Laxmi India Finance will be listed on the National Stock Exchange (NSE) and BSE. On the SME front, shares of Kaytex Fabrics will be listed under the NSE SME category. Flysbs Aviation IPO will close for subscription. The basis of allotment of Cash Ur Drive Marketing IPO and Renol Polychem IPO will be finalised.
Mint
41 minutes ago
- Mint
Buy or sell: Vaishali Parekh recommends three intraday stocks to buy today — 5 July 2025
Buy or sell stocks: On Monday, the Indian stock market registered a relief rally on broad-based buying. The Nifty 50 index went up 157 points and closed at 24,722, the BSE Sensex surged 418 points and finished at 81,018, while the Bank Nifty index ended marginally higher at 55,619. Hero Motocorp, Tata Steel and Adani Ports led the charge among the Nifty's top performers. Conversely, it was a particularly tough session for Power Grid Corporation of India, HDFC Bank, and ONGC, which ended as the major losers within the Nifty pack. Trading volumes on the NSE cash market were lower by 12% compared to Friday, the lowest since 07 July. The widespread buying interest across sectors was a clear sign of the market's improved sentiment. Barring Nifty FMCG, which ended marginally in the red, all other sectoral indices closed the day in the green. The gains were robust in Nifty Metal, Realty, Auto, and IT, which all ended as major gainers, indicating a broad-based return of confidence among investors. Stock market today Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is cautious to positive as the Nifty 50 index has registered a strong rebound from a lower support range. However, the Prabhudas Lilladher expert maintained that for further improvement in Dalal Street's mood, the key benchmark index needs to break above 50-DEMA resistance placed at 24,900. Speaking on the outlook of the Nifty 50 index, Vaishali Parekh said, "The Nifty 50 index witnessed a pullback and managed to close above the 24700 zone, with the broader markets showing some improvement. Further improvement can be anticipated in the coming sessions. As mentioned, the index must decisively breach above the 50 EMA level of 24906 to establish conviction and anticipate further rise in the coming days." "The Bank Nifty index, overall, remained sluggish, hovering near the 55,500 zone, and has been moving within a tight range for some time, resisting near the 50-DEMA level of 56,072 and having crucial support near the 55,000 level. As mentioned earlier, the index needs to move past the important hurdle of the 56,100 level to establish conviction and confirm a directional move further ahead," said Parekh. Parekh said that immediate support for the Nifty 50 index is 24,550, while the resistance is 24,900. The Bank Nifty would have the daily range of 55,000 to 56,200. Vaishali Parekh's stock recommendations today Regarding stocks to buy today, Vaishali Parekh recommended these three buy-or-sell stocks: Bank of Maharashtra, SJVN, and Mankind Pharma. 1] Bank of Maharashtra: Buy at ₹55, Target ₹60, Stop Loss ₹52; 2] SJVN: Buy at ₹93, Target ₹99, Stop Loss ₹90; and 3] Mankind Pharma: Buy at ₹2631, Target ₹2700, Stop Loss ₹2590. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
