Magnificent Martinez helps Inter defeat Sparta Prague 1-0
IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.
Barcelona endured a frustrating evening in their La Liga season opener with a 0-0 draw in a feisty affair at Getafe.
Facing Kerala in the quarter-finals in Pune from February 8, J&K will be looking to script history as they aim to make it to the Ranji Trophy semi-finals for the first time ever.
The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.
The rally in Indian mid-and smallcap indices thus far in calendar year 2024 (CY24) has been the best in class across the world, eclipsing the global FTSE benchmarks, and also out running peers from other leading world stock markets. This is despite the correction in the mid-and smallcap segments back home seen in the last few days, triggered by valuation concerns, geopolitical developments amid nervousness ahead of the July - September 2024 (Q2-FY25) corporate results season.
Among the Sensex firms, Infosys, Tata Motors, HDFC Bank, Asian Paints, Tech Mahindra, HDFC, Tata Consultancy Services, Sun Pharma and ICICI Bank were the biggest winners. On the other hand, PowerGrid, NTPC, Nestle, UltraTech Cement, State Bank of India and ITC were among the laggards.
Punjab FC ended their seven-game winless streak in the Indian Super League (ISL) with a thrilling 3-2 victory over Bengaluru FC.
Domestic quarterly earnings, global trends and foreign fund trading activity would dictate the movement in equity markets, which may face volatility amid the scheduled monthly derivatives expiry this week, analysts said. Equity markets took a breather last week. The BSE Sensex declined 298.22 points or 0.48 per cent and the Nifty dipped 111.4 points or 0.60 per cent.
Reliance Industries' (RIL's) oil-to-chemicals (O2C) business is likely to remain under pressure for the remaining of the current financial year, according to analysts and company executives. "Management guides for softness for the next couple of quarters in both retail and O2C businesses," analysts at BOB Capital Markets noted in an after-results report on RIL. For the July-September quarter (Q2) of 2024-25 (FY25), RIL's O2C business reported a 5.1 per cent year-on-year increase in revenue to Rs 1.55 trillion.
Carlos Alcaraz reached his second Australian Open quarter-final on Sunday when his opponent Jack Draper retired injured when trailing 7-5, 6-1.
Tamil Nadu Dragons beat Sharchi Rarh Bengal Tigers 2-1 in a closely-contested match to go top of the table in the Hockey India League.
Nathan McSweeney is on the brink of a major debut, set to partner Usman Khawaja as Australia's opening batters in the series against India.
Cole Palmer is the first Chelsea player to win the award since current England assistant coach Ashley Cole in 2010.
Barcelona's Robert Lewandowski scored a quick-fire second-half double to set the leaders on course for a thrashing of Real Madrid.
East Bengal edge past NEUFC 1-0 to register first win of ISL season
All about IPL 2025 which kicks off on March 22, Saturday.
Empoli beat Juventus 4-2 on penalties to advance to their first ever Coppa Italia semi-finals on Wednesday after a resilient performance helped them to hold the defending champions to a 1-1 draw in regular time.
Real Madrid teammates Eder Militao, Eduardo Camavinga, and Aurelien Tchouameni praised him on social media, calling him the "best player."
Mohamed Salah scored a late equaliser from a penalty kick as Liverpool escaped Old Trafford with a single point in a 2-2 draw with Manchester United to climb to even on points with Premier League leaders Arsenal.
Barcelona came from an early goal down to beat Real Madrid 5-2 in the Spanish Super Cup final on Sunday
Shardul Thakur remains optimistic about his India chances following yet another stellar performance for Mumbai in the Ranji Trophy.
'Vaibhav just came to our trials and we were really happy with what he saw.'
The star-studded TPL auction saw the presence of the tennis icons Leander Paes, Mahesh Bhupathi and Sania Mirza, who gathered together after many years to promote the sport, along with Bollywood celebs Rakul Preet Singh and Sonali Bendre.
All the action from La Liga and Serie A matches played on Sunday.
Burnley earned their first point since returning to the Premier League but were left frustrated by a 1-1 draw at Nottingham Forest on Monday after having a late goal ruled out.
Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the July-September quarter of 2024-25, spending growth exceeded 20 per cent for the first time since February. According to the latest data released by the Reserve Bank of India (RBI), September spending reached Rs 1.76 trillion, compared to Rs 1.42 trillion in the same period a year ago. In August 2024, credit card spending was Rs 1.68 trillion.
'Whatever goals I have scored are because of the team I have played with'
Bayern Munich earned a nervous 1-0 win at St Pauli thanks to a sensational 28-metre drive from Jamal Musiala to stay unbeaten.
A group of onion traders gathered at the Pimpalgaon Agricultural Produce Market Committee (APMC), near Nashik, to inspect one of the season's final harvests of red onions as they look to place their bids. They were surrounded by farmers, who brought their produce here from different parts of the district. Farmers have reasons to be optimistic.
Jude Bellingham converted a penalty and Kylian Mbappe added another goal before halftime to spur Real Madrid to a 2-0 victory over Getafe.
FC Goa on Wednesday secured a comfortable 2-0 victory over Hyderabad FC in their Indian Super League (ISL) match
The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction.
The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.
The stock of Crompton Greaves Consumer Electricals has shed about 12 per cent since the start of the month due to a muted near-term outlook. Demand slowdown across segments and pre-buying in cooling products in the June quarter are expected to weigh on revenues going ahead. In addition to pre-buying in the preceding quarter, demand conditions are soft on account of lower consumer spending due to inflationary conditions, weakness in rural demand and the fact that Q2 remains a soft quarter after a strong summer.
Paris St Germain seized control of their Champions League playoff with a commanding 3-0 first-leg win at Brest on Tuesday, driven by a brace from forward Ousmane Dembele.
While the Red & Golds secured their fourth win in their last five matches in the competition, Jamshedpur FC, on the other hand, were inefficient in creating and finishing chances.
The Indian Premier League governing council revealed changes ahead of the IPL mega auction, which is likely to be scheduled for November.
Chennaiyin FC head coach Owen Coyle hoped for a positive start despite starting their campaign away.
Manchester United languish 14th in the standings on 19 points, their worst placing to end a calendar year since they were 15th in 1989.
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