- Eternal Ltd. soared over 14%,
adding more than ₹35,000 crore to its market cap, after upbeat projections
on profitability in the quick commerce segment.
- HDFC Bank and ICICI Bank
supported the index with a ~1% gain each, following strong Q1 results and
stable net interest margins.
- Reliance Industries remained
under pressure (-0.6%) due to weak performance in its retail and O2C
verticals.
- Dr. Reddy’s Laboratories and 360 One WAM were among the top laggards due to profit booking and block deals.
Market Summary
|
"The
market is in a consolidation phase, reacting to stock-specific earnings rather
than broader macro signals. With most banks showing stable results, financials
continue to offer support."
What to
Watch
- Global cues from U.S. Big Tech
earnings later tonight (Tesla, Microsoft).
- Midcap earnings from the likes
of Zydus, Canara Bank, and IRFC.
- Potential movement in oil prices
affecting Reliance and ONGC.
#BSE #SENSEX#EearningsSeason #StockMarket #Eternal
