MARKET OVERVIEW :
Markets update: Nifty up95 Pts, Bk Nifty 500 Points. Sensex rises 350 points;
HDFC Bank up– PAT up 12 %.. Bonus +Int. Dividend.
ICICI Bank up… Q1 Net up 16 %.
IPO Anthem @747 against issue prize Rs 570;
Reliance Net Profits surges 78 % due to FMCG. Wendt extends gains to 15%
The Nifty index has now bounced back from the lows of over 80 points. The Nifty is trading in green, above the 25,000 mark.
Thank you for reading this post, don't forget to subscribe!The indices appear to be breaking the red mould that has enveloped them in the recent past. The Nifty index is up about 100 points, surging beyond the 25,000 mark.
This surge has been pushed into effect through heavy contributions from ICICI Bank and HDFC Bank. The Sensex index has also crossed the 82,000 mark.
This comes after a period of cuts early on in the day’s trade. After an early fall, the banking index is also up nearly 1%, powered by ICICI Bank and HDFC Bank.
The key Nifty heavyweights in focus, namely ICICI Bank and HDFC Bank, after announcing their results over the weekend, are trading in green with gains of over 1%. Another big name, Reliance Industries, on the other hand, is trading with a deep cut of over 2%
Banking stocks, apart from the big two, appear to be under pressure, as AU Bank shares declined by over 7%. In addition, MRPL also declined by 8%
When we look at the broader markets, specifically, the small-cap and midcap indices, they are trading in red with a dip of under 0.25%.
Earnings show no let-up, with Nifty constituents Eternal and UltraTech reporting results today, along with broader market names like Havells, DCM Shriram, IDBI Bank, PNB Housing, Oberoi Realty and others.
Ajay Bhardwaj & Gawir Baig, Anthem Biosciences (New Listing) On CNBC-TV18
Optimistic About The Future Outlook Of The Company
China Has Been The Major Player In CRDMO Space
There Is A Clear Shift From China To Other Countries
Unit 4 Is Expected In 2028 And That Is The Next Big Capex For The Co
Dodla Dairy Q1
Net Profit (RD)3.4% At ₹62.8 Cr Vs r₹65 Cr (YoY)
Revenue (GU)10% At ₹1,007 Cr Vs ₹912 Cr (YoY)
EBITDA (RD)22% At ₹83 Cr Vs ₹105 Cr (YoY)
Margin At 8.2% Vs 11.5% (YoY)
Dinesh Agarwal, CEO, IndiaMART
Paid Subscriber Growth Strong, But Silver Customer Churn Has Been Elevated
Collections Targeting Double-digit Growth
Expect Some Uptick In The Coming Quarters After Meeting Sellers And Making Changes
Margin Currently Looking Elevated Due To Less Investments In Sales & Marketing
Margin Will Be 33—35% Going Forward
Mastek Up 10%
Mastek Ltd posted a strong set of numbers for the first quarter of FY26, with net profit rising 28.7% year-on-year to ₹92 crore, compared to ₹71.5 crore in Q1FY25.
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