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Stocks to watch: HCL Tech, Bajaj Finance, ACC, Clean Science, Asian Paints

Here are the top stocks that are likely to be in focus today: Earnings today: A total of 33 companies are set to report their Q1FY22 results today including Asian Paints, Bajaj Finance, Network 18 Media, and Shyam Metaliks. While the Street is a 90 per cent jump in Asian Paint s revenues at Rs 5,550 crore, they peg EBITDA at Rs 1,105 crore, up 130 per cent, on a low base. As regards Bajaj Finance, analysts expect the NBFC s net profit to rise anywhere between 30-90 per cent YoY, in the range of Rs 1,250-1,850 crore. HCL Technologies: The company s first-quarter numbers were propelled by cloud and digital transformation deals. Net profit for the quarter at Rs 3,214 crore was up 9.9 per cent year-on-year and 8.5 per cent sequentially. Although, it did not meet the consensus estimate of analysts tracked by Bloomberg at Rs 3,425 crore. Further, Shiv Nadar has stepped down as the managing director and board member of HCL Technologies. He will now take on the role of Chairman Emeritus

Nifty today: SGX Nifty down 240 points; here s what changed for market while you were sleeping

Domestic equity indices look set to see a gap-down start, tracking weakness across Asian markets amid concerns over rising cases of Covid’s Delta variant. All eyes will be on the listing of GR Infra and Clean Science. Investors may also react to HDFC Bank s Q1 results and await quarterly earnings from HCL Tech and ACC, scheduled for today. Here s breaking down the pre-market actions: STATE OF THE MARKETS Nifty futures on Singapore Exchange traded 238 points, or 1.49 per cent, lower at 15,698.50, signaling that Dalal Street was headed for a negative start on Monday. Tech View: Nifty50 on Friday hit an all-time high of 15,962 but settled flat. Analysts took heart in the fact that the index managed to stay above the 15,900 level.

benefits of fixed deposits: 5 Best Tax Saving FDs Gives High Return Too : तगड़ा रिटर्न देने वाली 5 टैक्स सेविंग एफडी

benefits of fixed deposits: 5 Best Tax Saving FDs Gives High Return Too : तगड़ा रिटर्न देने वाली 5 टैक्स सेविंग एफडी
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