Amid weakening consumer confidence and flaring inflation, analysts say that the corporate earnings this quarter will be a mixed bag, with select pockets like banks being the frontrunners.
The market breadth was in favour of the bulls, with 24 of the 30 Sensex counters logging gains
Like the preceding quarter, Q1FY23 will also see high costs and margins will be impacted before improving gradually, said analysts.
Shares of ITC jumped 4 per cent in Friday's trading session
'Crude oil prices, dollar index and rupee movement will be other dominating factors'
The company's total two-wheeler sales grew 2 per cent year on year (YoY) to 315,948 units, mainly due to a 23 per cent YoY jump in exports at 190,865 units during the month.
MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with trade thinned by a holiday in Hong Kong
Investors are now looking toward potential triggers that may set the likely trajectory for equity markets in the second half of 2022.
The stock has plunged 43 per cent from its issue price of Rs 425 per share, and 54 per cent from its record high-level of Rs 525
A combined 1.55 million equity shares representing 5 per cent of the total equity of the company had changed hands on the NSE and BSE.
Retail investors should limit exposure
Central banks are willing to slow down the economy in an effort to rein in inflation, said Jaipuria
FPI selling in June nears Rs 50,000 crore
The mutual fund house said it does not foresee any major dip in Systematic Investment Plan (SIP) inflows going forward which had witnessed a steady growth to around Rs 11,000 crore per month
Sebi said that the placement memorandum, contribution agreement or other fund documents of LVF need to lay down terms and conditions for extension of the tenure beyond two years
Stock market live updates: The Sensex and Nifty benchmarks are heading for a higher start on Friday, tracking strength in the US overnight and Asian markets this morning. As of 07:00 AM, the SGX Nif
Stocks to Watch today: ONGC overseas arm ONGC Videsh has made an oil discovery in a recently drilled well Urraca-IX in CPO-5 block, Llanos Basin, Colombia.
Bachelor's in engineering in any discipline or Bachelor's in any discipline with a postgraduate qualification in computer application is required for filling up posts in Grade D, E and F posts
CLOSING BELL: Maruti Suzuki, Eicher Motors, Hero MotoCorp, Bajaj Auto, M&M, and Tata Motors were the top Nifty gainers, advancing between 3.5 per cent and 6.7 per cent
Capital markets regulator Sebi has permitted mutual funds to again invest in foreign stocks within the aggregate mandated limit of $7 billion for the industry