The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth
However, due to Covid-19 and power sector stress, consolidated income rose marginally by three per cent
During the first wave, FY21 and FY22 Nifty earnings estimates, according to analysts at Jefferies, were cut by 33 per cent and 21 per cent respectively till September 2020
Business Standard brings you the top headlines this evening
Automobile, housing sales to be hit; drop in fuel demand seen; Steel firms to see limited impact on output despite O2 diversion
Moody's feels restrictions on movement and lockdowns in several parts of the country will lead to a weaker consumer sentiment and will hit housing and automobile sales
If India is unable to slow the number of infections, additional lockdown measures might be required, which analysts at Rabobank International say would negatively impact the supply side of the economy
If the earnings slow, interest rates rise or there is an external shock, the market will fall sharply
Restrictions have hurt discretionary, out-of-home categories the most
In this podcast, we take stock of India Inc's March quarter performance. Listen in
Deadline for March quarter and annual results ends on May 15 and May 30 respectively. The market regulator has extended both to June 30
Investors booked profit in the pharma counters after a healthy rally over the past week. The index settled 0.87 per cent down.
The overall market breadth remained in the favour of the bulls, courtesy rally in the broader markets
From a low of 30,555 hit earlier in the day, the Nifty Bank index ended at 31,783, up 2.15 per cent
While there will be some sectors (such as entertainment, hotels, aviation etc.) that will bear the brunt of the second Covid wave, the loss will be compensated by strong earnings in some other sectors
Barring shares of Dr Reddy's Labs, all constituents of the 30-pack index traded in the red
Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain
Wipro shares, so far for the year, have risen 8.5 per cent as against a gain of 3.7 per cent in the NSE Nifty index during the same duration
Analysts believe that the truer impact of Covid-19 as regards NPAs could be visible in the quarter even as banks may be tempted to remain prudent due to the second wave of coronavirus
A study has shown that 59 per cent of companies in India are intending to give salary increments to their employees in 2021