Samir Arora believes financials, especially banks, remain a core earnings engine. Even with recent pressure on net interest margins due to lower rates, profitability is expected to rebound as deposit rates adjust. He expects banks to grow earnings at 1.2 to 1.3 times nominal GDP, i.e., around 13%, consistent with historical trends. Source link
Pidilite Industries shares rise over 2% after 18% YoY jump in Q1 PAT, 1:1 bonus share announcement
Shares of Pidilite Industries jumped 2.5% to hit an intraday high of Rs 3,118 on the BSE on Thursday after the company posted a strong 18.7% year-on-year (YoY) growth in Q1 profit after tax (PAT) and announced a 1:1 bonus share issue alongside a special dividend. The leading adhesives and construction chemicals manufacturer reported a […]
Japanese investors ditch foreign stocks on US economic concerns, tariff tensions
Japanese investors significantly sold foreign stocks in the week to August 2 as major markets retreated on caution over U.S. economic outlook and a new set of trade tariffs. According to data from Japan’s Ministry of Finance released on Thursday, domestic investors withdrew a net 752.1 billion yen ($5.10 billion) out of foreign stocks last […]
Eternal shares in focus as Antfin Singapore plans 1.9% stake sale via bulk deal
Shares of Eternal (formerly Zomato) are expected to be in focus on Thursday as Antfin Singapore Holding plans to initiate a bulk deal to offload approximately 1.9% stake in the company in a cleanup trade. The deal, valued at Rs 53.7 billion (approx. USD 612 million), will be executed via screen-based trading on the Indian […]
Positive Breakout: These 10 stocks close cross above their 200 DMA – Momentum Signal
In the NSE list of stocks with a market cap over Rs 1,000 crore, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on August 06, according to stockedge.com‘s technical scan data. The 200-day DMA is used as a key indicator by traders to determine a particular stock’s overall trend. As long […]
Asian shares: US futures rise, shrugging off Trump’s chip levies
US stock futures climbed in early trading Thursday, largely looking past President Donald Trump’s threat of a 100% tariff on chip imports. Contracts for the S&P 500 and Nasdaq 100 rose 0.2% in early Asian trading, erasing brief losses. Trump said he would impose a 100% levy on imports of semiconductors, but will provide exemption […]
Adani Energy Solutions: Envestcom sells 1.8% in Adani Energy Solutions
Synopsis Envestcom Holding RSC divested 22 million shares, representing a 1.83% stake, in Adani Energy Solutions (AESL) through bulk deals on the NSE and BSE. The shares were sold at ₹790 apiece, culminating in a total deal value of ₹1,736.73 crore. Following this transaction, Envestcom’s stake in AESL has decreased from 2.68% to 0.85%. Source […]
ET Market Watch: Markets slip post RBI policy; IT & pharma drag, Trump’s tariff warning jolts sentiment
Hi, you’re listening to ET Market Watch. I’m Neha Vashishth Mahajan, here’s a quick wrap of the market action on Wednesday. Markets Slip Post-RBI PolicyIndian markets ended in the red today, as rate-sensitive sectors reacted negatively to the Reserve Bank of India’s monetary policy decision. The central bank held interest rates steady and maintained a […]
NDR InvIT Trust reports strong revenue growth and operational expansion in Q1 FY26
NDR InvIT Trust, India’s pioneering perpetual warehousing and industrial parks InvIT listed on the National Stock Exchange, reported a 35% year-on-year increase in Revenue from Operations, which jumped to ₹1,015.59 million in Q1 FY26 from ₹751.77 million in the same quarter last year. This growth was underpinned by a combination of high occupancy, lease escalations, […]
BHEL Q1 Results: Consolidated net loss widens to Rs 455 crore
Bharat Heavy Electricals Ltd (BHEL) reported a consolidated net loss of Rs 455.50 crore for the first quarter of FY26, up from a Rs 211.40 crore net loss in the year-ago quarter. Consolidated total income during the months under review stood at Rs 5658.07 crore, up from Rs 5581.78 crore reported in Q1FY25. Total expenses […]