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Source: Live Mint Earnings have seen a 10% downgrade for FY25, affecting large-, mid-, and small-caps alike, said Trideep Bhattacharya, president and chief investment officer-equities at Edelweiss Asset Management Company Ltd, which oversees equity assets totalling nearly ₹23,000 crore. This broad-based reduction suggests a gradual recovery, rather than an immediate rebound, he said, adding, “We…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Hindalco Industries reported a 60 percent growth in its December quarter consolidated net profit to ₹3,735 crore compared to ₹2,331 crore in the same period last year. Revenue from operations in Q3FY25 stood at ₹58,390 crore, marking an…
Source: Live Mint In a recent note, brokerage house Motilal Oswal Financial Services (MOSL) stated that a slowdown in consumption and commodity weakness have weighed on corporate earnings, even as sectors such as BFSI, Healthcare, Capital Goods, and Technology delivered strong performances. However, the government’s shift from capital expenditure to consumption in its latest budget…
Source: Live Mint Q3 results today: A number of banking sector majors such as ICICI Bank, IDFC First Bank and Yes Bank are expected to release their Q3FY25 earnings reports today, on Saturday, January 25, 2025. Q3 Results Today — January 25, 2025 Some 13 companies, including the banking majors ICICI Bank, IDFC First Bank,…
Source: Live Mint The recent market correction has meant a reduction in the price-earnings premium of India over other emerging markets from around 20% levels to ~13-14%. The near- term trend of greater investor flows towards developed markets will keep the India premium in check, believes Suresh Soni, CEO, Baroda BNP Paribas MF. This notwithstanding…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. TCS: Tata Consultancy Services (TCS), India’s largest IT company, has announced its second-highest dividend for FY25, bringing the total declared for the year to ₹96 per share. This is the highest annual dividend declared by the company, apart…
Source: Live Mint Stock market outlook: Global brokerage house HSBC has downgraded Indian equities to ‘Neutral’ from ‘Overweight,’ signalling a tempered outlook for the market’s performance. The downgrade comes amid concerns over high valuations and slowing growth momentum, which HSBC believes will cap near-term market gains. The brokerage has also revised its Sensex target for…
Source: Live Mint Mumbai [India], : The domestic stock markets, in the upcoming week, will focus their attention on the earnings of companies, foreign portfolio investments data, a host of economic data, Fiscal Year GDP Growth, Index of Industrial Production , and other global cues, according to the market experts. The market participants will also…
Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
