Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The S&P BSE Sensex dropped 207 points to end at 25,230.
Investment announcement for $100 bn over 5 years likely.
And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
Bank shares were the top losers along with index heavyweight RIL
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
The Nifty had hit its third successive record high of 7,922.70 today.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
'We have seen a host of businesses across sectors generate economic value and wealth for investors.'
A recent report has suggested that future patent expires in the cardiac and anti-diabetes space would form a good opportunity for smaller firms, given their franchise in these segments.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Expectations of strong results, consistent performance and investors preference for stocks in the defensive space help the sector outshine broader markets.
Investors will maintain a cautious stance.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
The rupee fell to a two-year low of 64.84 against the US dollar.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
The recovery was led by pharma majors led by Dr Reddy's Labs.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Additional levy to eat into Rs 6,000-crore income of top promoters
It's time for Indian generic companies to rethink their strategies.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
This analysis is based on the quarterly earnings for 724 companies.
The S&P BSE Sensex ended 190 points up at 23,382.
Investors will remain cautious ahead of F&O expiry.
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.