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The second quarter earnings season is underway and as many as 145 companies will declare their results this week. Some of the marquee names include Axis Bank, Bajaj Auto, Reliance Industries, Tech Mahindra, Infosys, Nestle, HCL Tech among others.

Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September.

India’s third largest IT company by way of market capitalisation, HCL Technologies is expected to report revenue growth at 7.1%-9.2% on a year-on-year basis for the quarter ended September 30, 2024. Estimates by five brokerages peg revenue figures between Rs 26,672 crore and Rs 28,710 crore in Q2FY25.

Mukesh Ambani-led Reliance Industries (RIL) is likely to report muted earnings for the second quarter, hurt by weakness in the O2C (oil-to-chemicals) segment. The company will declare its results on October 14.

“Liquidity from the domestic investors remains super strong, macros are robust, earnings season is just starting, and rate cuts are going to happen sooner than later,” says Devang Mehta, Director – Equity Advisory, Spark Capital Private Wealth Management.

Nifty Bank and Nifty weeklies cater to different types of traders. While Nifty is a broad market benchmark, Nifty Bank is a sectoral index and has the least number of constituents and a lower lot size making it the most volatile of the two

Silver is a key component in photovoltaic cells used in solar panels, and with the global push for renewable energy, this demand is expected to continue rising. As nations like India and China expand their clean energy infrastructure, silver’s industrial use becomes even more crucial

The redemption price will be in Indian Rupees based on the simple average of closing price of gold of 999 purity of previous 3 working days published by IBJA. The investors will be compensated at a fixed rate of 2.50 per cent per annum payable semi-annually on the nominal value

Indian equity indices ended lower after a volatile session on October 11, with the Nifty closing below the 25,000 mark. The Sensex declined by 230.05 points or 0.28% to close at 81,381.36, while the Nifty shed 34.20 points or 0.14% to end at 24,964.30.