Markets to focus on Q1 earnings, RBI interest rate this week: Analysts The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the… Continue reading Mkts to focus on Q1 earnings, insurgent held in Manipur
Tag: earnings
Markets to focus on Q1 earnings, RBI interest rate this week: Analysts
The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added.… Continue reading Markets to focus on Q1 earnings, RBI interest rate this week: Analysts
Eicher Motors rallies 3% on record Q1 earnings
Shares of Eicher Motors, the parent company of Royal Enfield motorcycles, surged nearly 3 per cent to touch a high of Rs 3,478 in intra-day tradeon Friday after the company posted its highest-ever net profit for the first quarter of the current financial year. The company reported a net profit of Rs 918… Continue reading Eicher Motors rallies 3% on record Q1 earnings
Apollo’s second-quarter earnings surge 75% on upbeat annuities business
Chibuike Oguh Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in earnings from its retirement services business and management fees. Adjusted net income rose to $1 billion, up from $576 million a year earlier. That translated to an adjusted net income per… Continue reading Apollo’s second-quarter earnings surge 75% on upbeat annuities business
Exide Industries rallies 7%, inches to record high on improved Q1 earnings
Shares of Exide Industries hit an over four-year high at Rs 266.50, as they rallied 7 per cent on the BSE in Tuesday’s intra-day trade amid heavy volume on improved operational performance in June quarter (Q1FY24). The stock of storage batteries and allied product companies was quoting at its highest level since January 2019. It… Continue reading Exide Industries rallies 7%, inches to record high on improved Q1 earnings
Wall Street, global stocks remain flat ahead of earnings, economic data
Wall Street and global stocks were virtually flat on Monday while oil prices gained and the dollar was little changed, as traders looked ahead to corporate earnings, central bank meetings and a key employment report due this week. The Dow Jones Industrial Average rose 0.11%, to 35,499.78, the S&P 500 was little changed… Continue reading Wall Street, global stocks remain flat ahead of earnings, economic data
Macroeconomic data, global trends, earnings to guide mkt trends: Analysts
Domestic macroeconomic data announcements, global trends, quarterly earnings and foreign fund trading activity would dictate terms in the equity markets this week, analysts said. Besides, movement of rupee against the US dollar and global oil benchmark Brent crude price would also guide the trading pattern in the equity markets. “From a macroeconomic… Continue reading Macroeconomic data, global trends, earnings to guide mkt trends: Analysts