Dalal Street is poised for a flat-to-positive open on Friday, with GIFT Nifty futures trading 24 points higher at 25,199 around 7:00 AM, suggesting a cautious yet optimistic tone as investors weigh a mix of domestic and global triggers. Key Drivers for Today’s Trade 1. Q1 Earnings in Focus: The market will react to earnings…
LTIMindtree Ltd began FY26 on a strong note, reporting a consolidated net profit of Rs 1,254 crore for Q1, marking an 11 per cent year-on-year (YoY) growth. Revenue rose 8 per cent YoY to Rs 9,841 crore, underscoring stable demand and strategic execution in a volatile macroeconomic environment. Total expenses for the quarter stood at…
After a sharp three-day rally, shares of Waaree Renewable Technologies Ltd cooled off on Thursday, ending 2 per cent lower at Rs 1,178.50 on the NSE. Earlier in the session, the stock surged over 5 per cent intraday to touch a high of Rs 1,265.80, ahead of the company’s June quarter (Q1FY26) results expected later…
Shares of State Bank of India (SBI) were trading 0.23 per cent higher at Rs 833.65 on the NSE at 12:14 PM, after the country’s largest lender launched a qualified institutional placement (QIP) to raise up to Rs 25,000 crore—the largest such issue till date. SBI, the largest lender in the country, has launched this…
Shares of HDFC Life and ICICI Lombard were in the green on July 16 after both insurers posted their June quarter results. On the flip side, HDB Financial Services slipped in early trade after its earnings disappointed the Street. ICICI Lombard rose 2 per cent to Rs 2,045 after the company delivered decent results, especially…
Foreign portfolio investors (FPIs) continued to remain net buyers in Indian stock markets well into the fourth month of July. Latest data made available by National Securities Depository Limited (NSDL) showed that FPIs had cumulatively bought domestic stocks worth Rs 3,839 crore in July so far. In April, May, and June, the FPIs had accumulated…