News for Indbank Merchant Banking Services Limited (INDBANK.BO)

This week, 182 companies, including ICICI Bank, HUL, and Zomato, will report Q2 earnings. Key dates feature multiple significant announcements, impacting market sentiment and stock performance.

Reliance Industries, Paytm, and Patanjali are among 53 companies expected to announce quarterly results for Q1 FY25 on July 19. Reliance Industries is expected to report a year-on-year rise in revenue and profit, but a decline in operating profit and margins.

Reliance Industries, Mahindra Logistics, Rallis India, Aditya Birla Money are among the 22 companies that will release their Q4 results on Monday

The current Q4FY24 earnings season is poised to significantly influence market dynamics. Key companies like Reliance Industries, Bajaj Finance, Tech Mahindra, Nestle India, HCL Technologies, Maruti Suzuki, and others are set to unveil their quarterly performances.

With Wipro and Infosys results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies.

Q3 results this week: Notable companies, including KFin Technologies Ltd, L&T Finance, Pidilite Ind, REC Ltd, IIFL Securities, Zensar Technologies, Axis Bank, JSW Steel Ltd, Indian Energy Exchange Ltd, SBI Life Insurance Company Ltd, Shriram Finance Ltd, Yes Bank are expected to report results.

Kalra served as the Managing Director & CEO, and Executive Director of Andhra Bank from 2012 to 2017.

Slice merged with the Guwahati-based small finance bank in October. Its shareholders will own 95-97% stake in the merged entity

Stocks to watch out for today: Adani Enterprises, Delta Corp, Tata Motors, Indian Oil, Jio Financial Services, Federal Bank, ICICI Securities, Tata Steel Long Products, Dalmia Bharat and more

Tata Motors sells 9.9% stake in Tata Technologies for Rs 1,613.7 cr; TCS sacks 16 employees in bribery-for-jobs scandal; Fabelle launches One Earth Collection; Deltatech Gaming receives intimation for payment of shortfall tax; Skipper secures new order wins of Rs 588 cr; SEBI confirms interim order against Eros International; MCA initiates investigation of books of accounts of MIAL & NMIAL; Bajaj Electricals secures Rs 564.2 cr supply of services contract; RBI imposes penalty on Union Bank, RBL Bank & Bajaj Finance; NBCC gets Rs 80 cr work order; NHPC expects Rs 788 cr loss due to flash floods; Ramco Industries discharges corporate guarantees; Tinplate Co. gets order from Commissioner of Commercial Taxes; SAIL to start trial production of HH rails; Ashok Leyland bags order from TN govt; ZEE to consider financial statements on Oct 20; Results Calendar. #TataMotors #TCS #Fabelle #Deltatech #Skipper #SEBI #MCA #BajajElectricals #RBI #NBCC #NHPC #Ramco #Tinplate #SAIL #AshokLeyland #ZEE #ResultsCalendar

Banks will dominate upcoming earnings reports, but there are also tech companies reporting. IT sector faces uncertainty due to selling pressure.

Nifty and Sensex are marginally down today, on weak global cues, after the publication of US inflation data yesterday. Nifty stood at 18,078.75 points, and Sensex stood at 60,612.03 points, at the time of writing. Alembic Pharmaceuticals, Gayatri Projects, Indbank Merchant Banking Services, Aplab, MEP Infrastructure Developers.

While the benchmark looked to beat the losing trend, as many as 68 stocks on the BSE were down at their 52-week lows and 47 traded at fresh highs.

The Sensex and Nifty are poised to open higher on Wednesday, following a strong finish at Wall Street overnight and positive trends at SGX Nifty futures.

Domestic equity benchmarks BSE Sensex and Nifty 50 were staring at a negative start on Wednesday, one day before weekly F&O expiry.

Trends on the SGX Nifty indicate a positive opening for the broader index in India with a gain of 62 points

Stocks In the News: Check out the companies making headlines before the opening bell

Based on the open interest future percentage, a long unwinding was seen in 112 stocks including Jubilant Foodworks, Pfizer, Tata Power, Alkem Laboratories, and Syngene International.

The BSE Sensex and the NSE Nifty are set to open higher on Wednesday, tracking positive global cues and firm trading at SGX Nifty.