Editor's Stock Picks:
Kalyani Steels, Havells, and Tata motors can be considered for swing.
Nifty view:
As there are many corporate results coming next week it is an opportunity for nifty to gain 16,000 level.
The global market indicates negative opening to nifty on Monday. They have shown weakness due to covid threat. They are cooling down from record highs.
Covid threat has already been there in Indian markets so this week local cues will control the market.
Stocks In News:
- HDFC BANK Q1: Net profit down 5 % To Rs 7730 cr (QoQ).NII Down 1 % To Rs 17000 cr, Gross NPA at 1.47 % V 1.32 % (QoQ), Net NPA At 0.48 % V 0.40 % (QoQ).
- CBI filed a case of fraud against S Kumars Nationwide Ltd after Union Bank of India claimed that it was defrauded by the textile company of Rs 160 crore.
- PVR, INOX: Karnataka announces more relaxations; Night Curfew to be imposed from 10 pm to 5 am
- OIL STOCKS: OPEC+ agrees To boost Oil Output After Saudis , UAE end standoff.
- Zee Ent, Balaji, Eros: India's Video OTT market To Touch $ 12.5 Billion By 2030 from about $ 1.5 billion in 2021 on the back of access to better network , Digital Connectivity & Smartphones says RBSA Advisor Report.
- Motilal Oswal: Co. Fixes 3 Aug as the Record date for final dividend.
Major Corporate Results on 19.07.2021:
- HCL TECH
- HDFC LIFE
- ACC
- NAM- INDIA
