Q1 results today: At least 30 companies including ICICI Bank, Dr Reddy’s Lab, MCX, Finolex Industries, Punjab National Bank, IDFC First Bank, Jaiprakash Ventures, SBFC Finance, and Transport Corporation of India will declare their FY25 earnings on July 27.
Concord Biotech Ltd., Tara Chand Logistic, AB Cotspin India, Flexituff Ventures and IRIS Business Servic, hit their fresh 52-week highs during the day.
A small positive candle formed on the daily chart with minor upper and lower shadows. Technically, this indicates a side-by-side bull candle type pattern
Net Sales at Rs 376.83 crore in March 2023 down 11.45% from Rs. 425.55 crore in March 2022.
Quarterly Net Profit at Rs. 10.67 crore in March 2023 down 45.72% f...
BSE Sensex and NSE Nifty 50 were trading over 1 per cent higher on Monday, on the back of buying in Infosys, HDFC Bank, ICICI Bank, State Bank of India, and HDFC, among others.
"The next higher levels to be watched are around 17,000 levels. Any sustainable move above 17,000 levels may cause momentum towards 17,100-17,200 levels," said Rajesh Palviya of Axis Securities.
The Nifty50 is approaching its four to six weeks multiple support zone of 15,700-15,600 levels, which remains a crucial level to watch for, said Rajesh Palviya of Axis Securities.
On the downside, any violation of an intraday support zone of 15,650 levels may cause profit booking towards 15,600-15,550 levels, said Rajesh Palviya of Axis Securities.