look news india
Caution and fluctuations may be seen in the Indian stock market (Sensex & Nifty) in today’s trading session. Globally, the US-Iran tension, Donald Trump’s recent announcements and the rise in crude oil prices in the international market have increased the concern of investors. Due to the rise in crude oil, the pressure on the Indian Rupee also seems to be increasing. Apart from this, amidst mixed signals in Asian markets, GIFT Nifty is also pointing towards a slow or limited start of the stock market.
Strong action will be seen in these big stocks today (Stocks to Watch Today):
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Maruti Suzuki: The country’s largest carmaker remains in the focus of investors ahead of its new vehicle launches, sales figures and quarterly results. Movement in shares is possible due to demand and production updates in the auto sector.
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Bandhan Bank: Bandhan Bank stock will remain in focus amid the ongoing boom in the banking sector and positive trend of brokerage reports. The market is keeping a close eye on the new updates regarding the asset quality and loan growth of the bank.
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Zomato / Eternal: The stock may see heavy trading volumes today due to news of food delivery and quick commerce giant Zomato (Eternal)’s first quarter (Q1 Earnings) results, new investments and expansion of Blinkit (Blinkit).
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Trident Ltd: This leading company in the textile and home textile segment may see share specific movements based on news of corporate action, business expansion and export orders.
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MedPlus Health Services (MedPlus): Retail pharmacy chain MedPlus remains open to buying from institutional investors following new store openings and recent financial performance.
Quarterly results (Q1 Results) will have a big impact
Today, corporate earnings are going to dominate the stock market. Many big companies like Adani Power, Nestle India, BPCL and Dr. Reddy’s are going to declare their June quarter financial results. Depending on the revenue, margins and future guidelines of the companies, sector-specific rise or fall can be recorded in Nifty.
Key strategies and advice for investors
Market experts believe that in view of global uncertainties and rising prices of crude oil, investors should trade cautiously today. Instead of making aggressive bets at the index level, it would be beneficial to focus only on stocks with strong fundamentals (Stock Specific Approach) and stocks affected by quarterly results.