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 Industriesposted 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
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