EURO MULTIVISION LTD Q4 RESULTS
![5 world market themes for the week ahead](https://img.etimg.com/thumb/msid-111355122,width-100,height-75,resizemode-4/markets/stocks/news/5-world-market-themes-for-the-week-ahead.jpg)
5 world market themes for the week ahead
Euro 2024 excitement rises with political shifts in Britain and France. M&A activity surges amidst economic uncertainties. Emerging Asia grapples with inflation as central banks navigate rate decisions. Labour's potential win in Britain poses fiscal challenges. The market awaits U.S. job data impact on Federal Reserve's rate policy.
![GIFT Nifty down 80 points; here's the trading setup for today's session](https://img.etimg.com/thumb/msid-110505204,width-100,height-75,resizemode-4/markets/stocks/news/pre-market-action-heres-the-trade-setup-for-todays-session.jpg)
GIFT Nifty down 80 points; here's the trading setup for today's session
"Nifty has been consolidating in a broad range for the third consecutive day as investors remain watchful ahead of the big election outcome next week. We expect the Nifty to remain sideways to marginally positive on the back of reduced FII selling, prediction of above normal monsoon and last leg of Q4 results," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
![GIFT Nifty down 40 points; here's the trading setup for today's session](https://img.etimg.com/thumb/msid-110285609,width-100,height-75,resizemode-4/markets/stocks/news/pre-market-action-heres-the-trade-setup-for-todays-session.jpg)
GIFT Nifty down 40 points; here's the trading setup for today's session
The rupee appreciated 13 paise to close at 83.37 against the US dollar on Friday, tracking positive sentiment in domestic equity markets and fresh foreign fund inflows.
![GIFT Nifty down 5 points; here's the trading setup for today's session](https://img.etimg.com/thumb/msid-110191385,width-100,height-75,resizemode-4/markets/stocks/news/pre-market-action-heres-the-trade-setup-for-todays-session.jpg)
GIFT Nifty down 5 points; here's the trading setup for today's session
The rupee stayed range-bound and settled 4 paise lower at 83.50 against the US dollar on Thursday, weighed down by unabated foreign fund outflows amid investors' weak appetite for riskier assets.
![GIFT Nifty rises 120 points; here's the trading setup for today's session](https://img.etimg.com/thumb/msid-110161425,width-100,height-75,resizemode-4/markets/stocks/news/pre-market-action-heres-the-trade-setup-for-todays-session.jpg)
GIFT Nifty rises 120 points; here's the trading setup for today's session
"We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial
![GIFT Nifty down 40 points; here's the trading setup for today's session](https://img.etimg.com/thumb/msid-110065713,width-100,height-75,resizemode-4/markets/stocks/news/pre-market-action-heres-the-trade-setup-for-todays-session.jpg)
GIFT Nifty down 40 points; here's the trading setup for today's session
"We expect this volatility to continue in the near term in the absence of any major positive trigger. Now till Nifty holds below 22000 zones, weakness could be seen towards 21700," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
- Go To Page 1
GIFT Nifty up 60 points; here's the trading setup for today's session
"We expect this volatility to continue in the near term in the absence of any major positive trigger. Now till Nifty holds below 22000 zones, weakness could be seen towards 21700," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GIFT Nifty down 10 points; here's the trading setup for today's session
The rupee settled for the day on a flat note at 83.51 (provisional) against the US dollar on Wednesday, as the support from easing crude oil prices was negated by strong dollar demand.
Puma Q1 Results: German sportswear company returns to sales growth in Americas despite 'volatile' market
Currency-adjusted sales rose 0.5% to 2.10 billion euros ($2.26 billion), in line with the 2.1 billion expected by analysts, Refinitiv data showed.
GIFT Nifty up 5 points; here's the trading setup for today's session
"Although Nifty opens positive, it is witnessing resistance at higher levels, indicating cautiousness among the investors with the progress of both the result season and the Lok Sabha election. We expect this volatile move to continue till the Exit poll. Hence market to remain in a broader range until clarity emerges," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Q4 results today: PB Fintech, Dr Reddy's among 43 companies to announce results
Q4 results today: 43 companies are set to announce Q4 results, with Dr Reddy's and PB Fintech in focus. Dr Reddy's eyes revenue and net profit growth, while PB Fintech anticipates 18% YoY growth in core business premium.
GIFT Nifty down 5 points; here's the trading setup for today's session
"Hence, markets are likely to remain in a broader range with stock-specific action in the near term," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
BNP Paribas Q1 Results: Co beats estimates as lower costs offset trading slump
BNP Paribas beat first-quarter profit forecasts on Thursday as lower costs and a robust performance in global banking helped to offset a steep fall in its fixed income trading.
Kering Q1 Results: Gucci-owner posts 10% drop in sales on sluggish Chinese demand
The group said its first half operating profit would be "sharply lower" due to the revenue decline and its ongoing investment in its brands. Sales for the three months ending in March stood at 4.5 billion euros ($4.82 billion), down 10% on a comparable basis.
L'Oreal Q1 Results: Sales jumps 9.4% on strong mass market demand
L'Oreal's Q1 sales rose 9.4%, beating expectations amid U.S. and China market worries. Maybelline, Lancome brands led the 11.24 billion euros revenue. Ulta Beauty, e.l.f. Beauty, Coty faced pressure. Estee Lauder, North America, Europe impacted.
ASML Q1 bookings miss forecast, but China sales hold up
ASML faces lower Q1 bookings but stable China sales despite U.S. restrictions. Anticipates 2025 growth due to demand from TSMC, Nvidia, Apple, and new chip plants. Shares dropped to 873.40 euros.
LVMH shares up 7% after reassuring Q4, lifts luxury peers
Shares in LVMH were up by around 7% in early Paris trade on Friday following the French luxury giant's latest quarterly report, lifting peers including Hermes, Kering and Pernod Ricard, which were all up by more than 3%.
Birkenstock Q4 Results: Company beats revenue expectations on strong demand
Birkenstock beat analysts' expectations for fourth-quarter sales and forecast annual revenue above estimates on Thursday, in the German luxury sandal maker's first results since going public, betting on higher pricing and strong demand.
Furloughs to weigh on Q3 revenue of IT companies, says Motilal report. HCL top buy
A combination of adverse macros and a higher-than-expected number of furloughs could bog down revenue conversion of top Indian IT companies, a Motilal Oswal report said ahead of the earnings season which begins on January 11 when Tata Consultancy Services (TCS) and Inforsy will announce their December quarter results.
Dollar touches 2-week high, euro soft as traders bet on Q1 rate cuts
The euro was down 0.2% against the dollar at a three-week low of $1.0773, as markets adjust rate expectations lower following soft data and dovish central bank commentary.
Who is Rico Lewis? 19-year old who made his debut for England
Rico Lewis, the 19-year old defender for English Premier League club, Manchester City made his debut for England yesterday against North Macedonia in their final match for the Euro 2024 qualifiers.
Taking stock: Q1 operating earnings of Nifty cos 3% below estimates so far; IT, FMCG top laggards
Excluding financials and commodity, combined revenue, EBITDA and profit after tax (PAT) growth reported by these Nifty50 companies stood at 11%, 11% and 12% YoY, respectively, in 1QFY24. While revenue estimates are in line with Antique's expectation, EBITDA and PAT have missed estimates by 3% and 4%, respectively.
Ramkrishna Forgings Q1 Results: Net profit grows 63% YoY to Rs 77 crore
Ramkrishna Forgings Limited reported a 63% increase in net profit at INR 76.97 crore during the June quarter due to higher income. It marked a rise from last year's profit of INR 47.26 crore. The company's total income also rose to INR 835.95 crore, posting a 28% growth year on year.
IT companies to log muted Q1 as macro woes persist; recovery may be gradual, say analysts
As tech companies head into Q1 earnings season this week, experts will also be keeping a close watch on any management commentary on the revision of the growth outlook for FY24, the spread of demand deterioration beyond BFSI (banking, financial services and insurance), hi-tech, telecom and retail verticals, net hiring, project ramp downs and pricing pressures, as key monitorables.
European shares rise on strong earnings, Q1 GDP data on tap
Europe's biggest home appliances maker Electrolux AB was the top gainer on the index, jumping 6.0%. The company earlier said that weaker demand had resulted in lower sales volumes in the first quarter.
Unilever quarterly sales beat estimates as prices surge
The British company reported a 10.5% rise in underlying sales to 14.8 billion euros ($16.4 billion), beating analysts' average forecast for a 7.2% increase, according to a company-provided consensus.
Sensex, Nifty end volatile trade lackluster on caution over Q4 earnings
In the Sensex pack, Asian Paints, NTPC and Tata Motors were the top gainers, rising over 1%. Bharti Airtel, L&T, SBI, Wipro and Maruti also closed with gains. Whereas, HUL, Sun Pharma, Infosys, UltraTrch Cement and Bajaj Finance settled in the red.
Netflix reports mixed earnings, to wind down DVD rental business
The revenue figures met the company’s forecast of 4% growth at $8.17 billion.
SAMIL continues to be cautious about Q3 & Q4: Vivek Chaand Sehgal
“ We have taken rectification measures and efficiency programmes across our different business divisions which have also helped. Going forward with at least the industry looking reasonably better than where it was, largely driven by how the supply chain has played out, the situation remains volatile but hopefully better. We expect the improvement to continue going forward as well,” says Kunal Malani
Load More