Stocks to watch today: Manipal Health, Airtel, ONGC, Nykaa, BSE, LIC & more
- Asian markets opened higher today, with Japan's Nikkei 225 surging 3.34% and South Korea's Kospi adding 4.2%, following record highs in US stocks driven by strong tech earnings.
- Investors are focusing on key Indian companies including Manipal Health, Airtel, ONGC, Nykaa, BSE, and LIC.
- Several major firms, including Power Grid, Aurobindo Pharma, PB Fintech, Biocon, and Cummins, are scheduled to release their Q1 financial results today.
- These earnings reports and global market trends will likely dictate the short-term volatility and direction of the Indian stock market.
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Stock Market Today: Sensex Falls 210 Pts, Nifty Drops 159 Pts as Four-Day Rally Ends
• The BSE Sensex fell 210 points and the NSE Nifty dropped 159 points on Tuesday, ending a four-session winning streak for Indian benchmark equity indices. • The decline occurred as investors reacted to new market implementations and shifted their positions following a period of consistent gains.
Read original · apacnewsnetwork.comBusiness News Live: CRISIL upgrades Yes Bank's bond rating to AA+; HFCL clears Rs 400-crore expansion
• CRISIL has upgraded Yes Bank's bond rating to AA+, signaling an improvement in the lender's credit profile and financial stability. • HFCL announced a significant growth initiative, clearing a ₹400-crore expansion plan to scale its operational capacity.
Read original · moneycontrol.comStocks in news: BSE, PB Fintech, Nykaa, Airtel, and LIC - The Economic Times
• Indian stock indices closed lower following a period of profit-taking after a rally on Monday. • BSE, Bharti Airtel, and Nykaa all reported strong quarterly earnings for the June quarter, with BSE seeing a significant profit increase driven by revenue growth.
Read original · economictimes.indiatimes.comSantander Receives Federal Reserve Approval for the Acquisition of Webster Financial Corporation
• Banco Santander, S.A. has received official approval from the Board of Governors of the Federal Reserve System to acquire Webster Financial Corporation. • The deal involves the acquisition of Webster, the holding company for the U.S.-based diversified institution Webster Bank, N.A.
Read original · prnewswire.comIndia's long-term growth story remains intact despite global volatility - India Tribune - Chicago
• A report from PL Asset Management released on August 3 indicates that India's equity markets remain resilient despite global geopolitical volatility and commodity price swings. • The analysis highlights that low inflation, accommodative monetary policy, and strong government capital expenditure are creating a favorable investment climate.
Read original · indiatribune.comStocks jump to records after upbeat company forecasts; oil, yen weaken By Reuters
• Global stocks reached record highs following upbeat annual revenue growth forecasts from key companies, including Palantir Technologies and Caterpillar. • Caterpillar's growth is being driven by the expansion of AI data centers, signaling strength in the global industrial economy.
Read original · za.investing.comSensex Today | Nifty 50 | Stock Market LIVE Updates
• Indian benchmark indices, including the Sensex and Nifty 50, closed lower on Tuesday, snapping a four-session winning streak. • The Nifty fell 0.6% as investors engaged in profit booking following Monday's sharp rally and expressed caution over a new closing auction mechanism.
Read original · economictimes.indiatimes.comUS stock market today: Wall Street near new record high as earnings drive rally; crude prices slip - The Times of India
• Wall Street indices approached new record highs on Tuesday, driven by a surge in investor sentiment. • The rally was primarily fueled by a fresh round of strong corporate earnings reports and a decline in crude oil prices.
Read original · timesofindia.indiatimes.comU.S. stocks rally near a record as falling oil prices ease Wall Street’s worries about inflation
• U.S. stocks rallied toward all-time highs on Monday as falling oil prices reduced investor concerns regarding persistent inflation. • The surge is supported by strong corporate performance, with S&P 500 companies projected to deliver earnings per share 47% higher than the previous year.
Read original · asahi.com
Asahi ShimbunThoughts for the day NEWS - by Len Watson - GIABHS.com
• Markets are experiencing a partial reversal of Monday's geopolitical relief trade following new challenges from Iran. • Recent data suggests a strengthened earnings outlook for capital-goods and industrial companies, though elevated input prices remain a concern.
Read original · thoughtsfortheday.substack.comAhead of Market: 10 things that will decide stock market action on Wednesday - The Economic Times
• Indian stock markets closed lower on Tuesday due to volatility from the new Closing Auction Session and forced retail square-offs during weekly expiry. • Investors are closely monitoring the Reserve Bank of India (RBI) policy decisions and geopolitical developments in the Strait of Hormuz.
Read original · economictimes.indiatimes.com