ICICI Bank: The private lender s June quarter net profit zoomed 52 per cent to Rs 4,747.42 crore, driven majorly by lower provisions but reported an increase in stress from the retail loans segment. On a standalone basis, the bank reported a net profit of Rs 4,616.02 crore for the reporting quarter, up by 77 per cent
JSW Steel: The steel producer posted a consolidated net profit of Rs 5,900 crore for June quarter 2021-22, mainly on account of higher income. In the year-ago period, the company reported a consolidated net loss of Rs 582 crore.
Yes Bank:
Yes Bank on Friday reported an over four-fold jump in net profit at Rs 207 crore for the quarter ended June 2021. The bank said this was its highest net profit since December 2018. It had posted a net profit of Rs 45 crore in the same quarter of the previous fiscal year.
Tech View: Nifty50 on Friday formed a Doji Cross candle on the daily chart, signaling indecisiveness among traders
India VIX: The fear gauge eased over a per cent to 11.76 level on Friday over its close at 11.88 level on Thursday.
Asian shares markets were trading mixed on Monday despite a rally on Wall Street as super-strong US corporate earnings sucked funds out of emerging markets and fears over the spread of the coronavirus Delta strain spooked the traders. MSCI s broadest index of Asia-Pacific shares outside Japan was down 0.87 per cent.
Japan s Nikkei jumped 1.44%
Korea’s Kospi shed 0.28%
Australia s ASX 200 gained 0.18%
China’s Shanghai Composite tanked 1.06%