Page 18 - Market News
Bharti Airtel, Vodafone Idea: Key things to watch in telcos' Q1 results
Vodafone Idea is slated to report its Q1FY23 earnings on August 3, whereas Bharti Airtel would report its results on August 8
 "Bharti Airtel, Vodafone Idea: Key things to watch in telcos' Q1 results")
Bank, auto, FMCG: Sectors on FPIs' radar as they turn focus back on India
The swing in favour of Indian equities comes after a brutal sell-off where FPIs sold equities worth Rs 2.56 trillion since October 2021
 "Bank, auto, FMCG: Sectors on FPIs' radar as they turn focus back on India")
IndiGo Q1 preview: Analysts expect loss to narrow despite high ATF prices
InterGlobe Aviation Q1FY23 results: Analysts expect IndiGo's net loss to narrow sharply due to increased air traffic
 "IndiGo Q1 preview: Analysts expect loss to narrow despite high ATF prices")
Indian markets should do well in 2022 second half: Singapore-based banker
The Indian stock markets should perform well in the second half of 2022, even though most Asian economies might continue to struggle this year, a Singapore-based top business executive said
 "Indian markets should do well in 2022 second half: Singapore-based banker")
Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC
Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.
 "Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC")
Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox
The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed
 "Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox")
Mcap of eight of top 10 firms jumps over Rs 1.91 trn; Bajaj Finance shines
Eight of the top 10 valued firms added Rs 1,91,622.95 crore to their market valuation last week, with Bajaj Finance and Tata Consultancy Services emerging as lead gainers
 "Mcap of eight of top 10 firms jumps over Rs 1.91 trn; Bajaj Finance shines")
Small cap funds offering 28% returns in 3 yrs, highest in equity segment
Small cap funds have come under the spotlight after it is offering just over 28 per cent returns in the last three years as the returns on these funds are the highest in the equity segment
 "Small cap funds offering 28% returns in 3 yrs, highest in equity segment")
Outlook positive for CG Consumer despite home appliance firm's Q1 miss
Market share gains in key categories and entry into premium kitchen appliances are positives
 "Outlook positive for CG Consumer despite home appliance firm's Q1 miss")
Cognizant Q2 profit up 12.7% at $577 mn, lowers revenue guidance
Revenue was at $4.9 billion, up 9.5 per cent in constant currency on a year-on-year (YoY) basis
 "Cognizant Q2 profit up 12.7% at $577 mn, lowers revenue guidance")
Indian households unlikely to stop investing in stocks, says Morgan Stanley
Despite a record rise in trading by retail investors over the past eight years, Indian households remain "dramatically" underweight in the asset class, says Ridham Desai
 "Indian households unlikely to stop investing in stocks, says Morgan Stanley")
Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India
Stocks to watch today: Dr Reddy's, Bajaj Finserv, Nestle India will report their June quarter results on Thursday, July 28; HAL signed $100 million contract with Honeywell for HTT-40 engines.
 "Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India")
Dr Reddy's Q1 revenue may grow up to 10% YoY, margins may expand: Analysts
Dr Reddy's Labs Q1 results preview: Analysts said that despite pricing pressures in the US, the company is likely to have recorded steady growth in this segment due to a ramp-up of new products.
 "Dr Reddy's Q1 revenue may grow up to 10% YoY, margins may expand: Analysts")
South Indian Bank net profit up 10-fold in Q1, asset quality improves
In Q1, South Indian Bank's gross advances saw a growth of 10.95 per cent compared to the same period last financial year
 "South Indian Bank net profit up 10-fold in Q1, asset quality improves")
Equity management firm Qapita acquires ESOP Direct in all cash-deal
Pune-based ESOP Direct provides solutions in equity compensation
 "Equity management firm Qapita acquires ESOP Direct in all cash-deal")
Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom
Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.
 "Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom")
Robust demand trends in chemicals biz, expansions positive for SRF stock
Company has increased capex for the business to tap into new opportunities
 "Robust demand trends in chemicals biz, expansions positive for SRF stock")
Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts
Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.
 "Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts")
After $30 bn exodus, foreign funds trickle back into Indian equities
Foreign funds are showing signs of a return to Indian equities as recent declines in oil prices and the dollar bring some reprieve for emerging markets
 "After $30 bn exodus, foreign funds trickle back into Indian equities")
China facing stiff competition for its favourite Russian oil from India
India has ramped up purchases of crude from Russia's far east, a grade that's typically favored by Chinese oil refiners
 "China facing stiff competition for its favourite Russian oil from India")
