SENSEX NIFTY
Jul 20, 2013, 04.25 PM IST | Source: Moneycontrol.com

Stocks that may make or hurt your money next week

"Next week, market volatility is likely to continue over concerns on rupee stability and derivatives expiry. RBI's measures last week coupled with interventions in the currency market through dollar selling have really not made a dent in reversing the trend of rupee depreciation," says Aditya Birla Money.

Moneycontrol Bureau

It was a quiet day of trade on Friday. The Nifty hovered in a very narrow range and closed virtually unchanged at 6,029. The Sensex ended the day up around 21 points at 20,150. For the week, the Sensex gained around a percent and the nifty rose around 0.4 percent.

Corporate earnings of companies like TCS, Bajaj Auto, Axis Bank, HDFC and HDFC Bank swung the market sideways.

"Next week, market volatility is likely to continue over concerns on rupee stability and derivatives expiry. RBI's measures last week coupled with interventions in the currency market through dollar selling have really not made a dent in reversing the trend of rupee depreciation," says Aditya Birla Money.

So, here are the stocks that will be buzzing next week.

RIL

Reliance Industries posted a 19 percent year-on-year rise in June quarter profit to Rs 5352 crore , boosted by stronger margins in its main oil refining business and higher other income.

Sales have, however, declined to Rs 87645 crore, down 4.5 percent Y-o-Y on lower output from KG-D6 basin which has recorded a 50 percent decline to around 15 million standard cubic metres per day.

Jet Airways

Etihad may once again revise agreements for its deal with Jet Airways and resubmit it to regulatory authorities by July-end. CNBC-TV18 sources add that Etihad is unwilling to give up the right of first refusal clause (ROFR). FIPB is likely to consider Jet-Etihad deal on July 29. 

Federal Bank

South based private sector lender, Federal Bank 's first quarter (April-June, FY14) net profit plunged more than 44 percent year-on-year to Rs 106 crore on the back of a huge surge in provisions and contingences that jumped three-times to Rs 245 crore as against Rs 63 crore a year ago.

The net interest income (NII) or the difference between interest earned and paid out, rose nearly 4 percent to Rs 510 crore.

Earnings expected

Company Results Date
ING Vysya Bank 22-Jul-13
Asian Paints 22-Jul-13
L&T 22-Jul-13
L&T Finance 23-Jul-13
YES Bank 24-Jul-13
Hero MotoCorp 24-Jul-13
Dabur 24-Jul-13
Cairn 24-Jul-13
Mutoot Finance 25-Jul-13
SKS Microfinance 25-Jul-13
Maruti Suzuki 25-Jul-13
Sterlite Industries 25-Jul-13
ITC 25-Jul-13
Biocon 25-Jul-13
GAIL 25-Jul-13
ACC 25-Jul-13
Bank of India 26-Jul-13
PNB 26-Jul-13
Wipro 26-Jul-13
HUL 26-Jul-13

 

 

 

 

 

 

 

 

 

 

 

nasrin.sultana@network18online.com

 

READ MORE ON  BSE, sensex, nifty, nse, market, TCS, Bajaj Auto, Axis Bank
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