Morning Trade

Live: Nifty to kick off August series on a subdued note? IT Q1 report card | Lupin, BEL in focus

Indian markets are likely to kick off August series on a subdued note as the GIFT Nifty is trading lower this morning. Meanwhile, on Wall Street the Dow has snapped a 13-day winning streak after US GDP data came in higher than expectations. Among stocks in focus this morning, Lupin’s US FDA headache eases while BEL reports strong numbers. We’ll also take stock of the Q1 report card of I.T giants. Catch Nandita Khemka in conversation with Madhuchanda Dey, Moneycontrol Pro and Hemen Kapadia, KR Choksey Shares & Securities.

Tata Steel, TVS Motor & SRF: Stocks in focus post earnings | 5 Nifty earnings' results today

Indian equity markets extended losses for yet another session amid volatility. The Nifty50 shut shop below the 19,700 mark amid selling pressure in FMCG, metal, oil & gas, and select banks and technology stocks. However, the Nifty smallcap index managed to close in the green. Markets will be reacting to Tata Steel’s Q1 performance today. The steel giant’s profit slumped over 90% YoY but beat expectations. Meanwhile it’s a busy day on the earnings calendar as 5 Nifty companies will hand in their Q1 report cards - Tata Motors, Bajaj Auto, L&T, Asian Paints and SBI Life. L&T’s board will also consider its first-ever share buyback. Catch Nandita Khemka in conversation with Milan Vaishnav, Gemstone Equity Research and Renu Baid, Vice President – Research, Capital Goods & Consumer Electricals at IIFL Institutional Equities.

Live: Nifty’s date with 20K this week? Street verdict on RIL Q1| Banks in focus post Q1 beat

Indian equity markets came under intense selling pressure on Friday, with the Nifty missing the magical 20,000 mark by a whisker. Investor sentiment took a hit amid weak full-year guidance by Infosys and an un-enthusing quarterly show by FMCG behemoth HUL. Market participants also turned cautious ahead of Q1 earnings from Reliance Industries and ICICI Bank earnings that were announced on Friday & Saturday respectively. BSE Sensex tanked 888 points to 66,684, while the Nifty50 dropped 234 points to 19,745 and formed bearish candlestick pattern with long upper shadow on the daily charts with making lower high, lower low formation. Can the Nifty make a dash at the coveted 20,000 milestone this week? Meanwhile, RIL’s consumer facing businesses cushioned weakness in its oil to chemicals business in the first quarter, both ICICI Bank and Kotak Mahindra Bank beat street expectations. Stocks in focus are Paytm and Biocon among others. Lots of action in the primary markets this week as street gears up for Noida-based hospital chain Yatharth Hospital’s IPO that opens for subscription on July 26; Netweb Tech makes its stock market debut on July 27. Also in focus will be the FOMC meet on July 25-26 where the US central bank is expected to hike rates by 25 bps. Catch Nandita Khemka in conversation with Neha Dave, Moneycontrol Pro and Anuj Gupta- Vice President IIFL Securities.

Live: Infosys, HUL Q1 earnings today | RIL demerger ; Federal Bank, DRL, Shree Cements in focus

Indian markets have maintained relentless uptrend since last Friday. Benchmarks saw a fresh record close yesterday, with the Nifty50 ending above 19,800 levels and the BSE Sensex above 67,000 mark for the first time. Consistent FII buying, and upside in banking & financial services aided the rally. The index is now less than 200 points away from the coveted 20,000 level. Big earnings to watch out for today as Infosys and HUL hand in their Q1 reportcards. Also in focus will be Federal bank as it launches its QIP and Shree Cement among others. Catch Nandita Khemka in conversation with Kaustubh Pawaskar, Sharekhan by BNP Paribas and Hemen Kapadia, KR Choksey Securities

Live: Indian markets at historic highs; Volatile times ahead? IndusInd, L&T Tech & Polycab in focus

The Nifty50 continued its northward journey for fourth consecutive session and surpassed 19,800 for the first time backed by technology stocks and index heavyweight Reliance Industries. As a result, the support has been shifting higher and the index gradually seems to be inching towards the psychological milestone 20,000 mark. FIIs remained buyers but DIIs turned sellers yesterday. Among key stocks to watch would be IndusInd Bank, L&T Tech & ICICI Lombard. Catch Nandita Khemka in conversation with Heman Jani, Market Expert and Ratnesh Goyal, Arihant Capital Markets .

Live: Nifty sets its sight on mount 20K|Decoding LTIMindtree Q1| RIL, IndusInd & Amara Raja in focus

Indian markets extended stellar gains for yet another session, as the benchmark indices hit fresh all-time highs. Banks & financial services space which was consolidating for several sessions staged a smart comeback, aiding the market momentum. Select technology and oil & gas stocks also boosted the rally. The BSE Sensex climbed 529 points to 66,590, while the Nifty50 jumped 147 points to close above 19,700 for the first time ever, forming a long bullish candlestick pattern on the daily charts. Will the bulls manage to conquer the magical 20,000 mark soon? Stocks in Focus today are LTIMindtree, RIL & IndusInd Bank among others. Catch Nandita Khemka in conversation with Vivek Mashrani, CFA and Sacchitanand Uttekar, Tradebulls Securities.

LIVE: Sensex at 66,000; will the momentum continue in earnings-heavy week? HDFC Bank, DMart in focus

Markets hit a fresh record high on Friday, July 14, backed by another day of stellar rally in technology stocks and positive global cues on falling inflation in the United States. The Nifty notched a record close to shut shop above the 19,550 mark for the first time ever while the Sensex clocked in its highest close ever, above the 66,000 mark. Will the momentum sustain as we enter an earnings-heavy week? The GIFT Nifty signals an open above the 19,600 mark even as China’s Q2 GDP misses expectations. Among key earnings this week – Index heavyweight Reliance Industries, banking behemoths such as HDFC Bank, ICICI Bank and Kotak Mahindra Bank; and other biggies like Infosys, HUL among others will hand in their first quarter report card this week. Stocks in focus today are HDFC Bank, Bandhan Bank, LTIMindtree and JustDial. Meanwhile, the IPO rush continues on Dalal Street with Netweb Technologies’ Rs 630 crore issue kicking off for subscription today, on July 17. Catch Nandita Khemka in conversation with Rajesh Palviya of Axis Securities; and Nirav R Karkera, Head - Research, Fisdom. Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

TCS, HCL Tech Q1: What’s the street verdict, buy or avoid? SpiceJet, Patanjali in focus

Indian equity markets continued its volatility for yet another session and ended below the 19,400 mark amid caution ahead of IT earnings and macro data. This morning the GIFT Nifty is hinting at a start above the 19,500 mark for the Indian markets amid sanguine global cues. On the earnings front, TCS’ first quarter show was largely in line with estimates while HCL Tech fell short of expectations even as it maintained its FY24 guidance. Other stocks in focus today will be SpiceJet, Patanjali and Lupin among others. Meanwhile, in crucial macroeconomic data, retail inflation for June increased to 4.81% amid a surge in food prices while IIP rose to a 3-month high of 5.2%. Catch Nandita Khemka in conversation with Mahantesh Sabarad, Independent Market Analyst and Ruchit Jain, Lead Research Analyst, 5Paisa.com

LIVE: TCS, HCL Tech Q1 Today; What to expect? Andrew Holland’s market view | 28% GST on online gaming

Indian markets saw a good rebound on Tuesday, July 11, with Nifty ending above the 19,400 mark. The GIFT Nifty is hinting at a muted start for the markets this morning on July 12. Q1 earnings season officially kicks off with TCS and HCL Tech reporting their first quarter numbers today. Meanwhile, in a big blow for the online gaming industry, the GST Council has agreed to levy 28 percent tax on online gaming and casinos. Delta Corp, Nazara Tech will be in focus. Also in focus today will be UltraTech Cement, Happiest Minds and Sterlite Tech among others. Catch Nandita Khemka in conversation with Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies; and Nirav Chheda, AVP Derivatives & Technical Research at Nirmal Bang.

LIVE: Nifty in consolidation mode; best stock selection strategy at record? Vedanta, CarTrade in focus

The Indian stock market managed to end with slim gains as consolidation kicks in at record highs. However, the broader markets ended lower by about half a percent. Sensex gained 64 points to settle at 65,344; while Nifty50 rose 24 points to 19,356, and formed bearish candlestick pattern with upper and lower shadows on the daily charts. The index has been consolidating in the 19,300-19,500 range for the last five trading sessions, indicating uncertainty about the trend in the market. Among stocks in focus today will be Vedanta, as Foxconn called off their semiconductor join venture; CarTrade; and SBI Card among others. Catch Nandita Khemka in conversation with Trideep Bhattacharya, CIO – Equities, Edelweiss AMC; and Sacchitanand Uttekar, Vice president – Research (Derivatives and Technicals) at TradeBulls Securities.

Indian equity markets cool off after record run? RIL, Vedanta in focus | Cyient DLM lists today

Indian stock market continued its northward journey for yet another week, though there was profit booking on last Friday amid signals of possible rate hike by the United States Federal Reserve (Fed) in next policy meeting post rise in US treasury yields and tight jobs data. Positive economic data, healthy provisional numbers by corporates ahead of June quarter earnings and consistent buying by foreign institutional investors (FIIs) supported the market. Sensex jumped 562 points to 65,280, and the Nifty50 climbed 143 points to 19,332, while the Nifty Midcap 100 and Smallcap 100 indices gained 0.9 percent and 2.6 percent, respectively, for the week. Most of sectors contributed to the up move. Overall, the momentum may sustain despite possible intermittent consolidation and correction in the coming week, with focus on India and US inflation for more cues, while the stock-specific action due to the beginning of corporate earnings season will be seen. TCS kicks off the Q1 earnings season on Wednesday (July 12) and HCL Tech and Wipro will follow suit. Among stocks in focus today on July 10 will be Reliance Industries (RIL), Vedanta, HDFC Bank and Indian Oil Corporation (IOC). Plenty of action in the primary markets as well. Cyient DLM gears up to make its D-street debut today. Meanwhile, sources suggest NSDL has filed draft papers with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). Catch Nandita Khemka in conversation with Ajay Srivastava, Dimensions Corporate Finance Services; and Rajesh Palviya, Axis Securities. Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

LIVE: Nifty at new high as bulls charge ahead; IdeaForge set for a dream debut? Titan, Dabur in focus

Bulls turned more powerful and helped the Nifty50 achieve much-awaited 19,500 mark on the weekly F&O expiry day. Oil & gas, auto, select banks, metals and pharma stocks lifted the market higher, while foreign institutional investors continued providing healthy support for yet another month. The index, after initial volatility, gained strength and extended the rally as the day progressed to surpass a psychological 19,500 mark in late trade, for the first time in its history. The index climbed 99 points to end at fresh all-time closing high of 19,497 and formed bullish candlestick pattern on the daily charts. Will the momentum continue? Lots of stocks to watch out for including Titan, Dabur & JK Cement. Meanwhile, IdeaForge Technology is on track for big bang debut, may list at 75% premium over IPO price. Catch Nandita Khemka in conversation with Ambareesh Baliga, Independent Market Analyst and Raja Venkatraman, Co-founder, Neotrader.