Tag Archives: Q1

Market Live: Nifty hits 10,100, Sensex touches 32,600 on F&O expiry, upbeat Q1 earnings

Mumbai: The benchmark BSE Sensex soared to a fresh life-time high of 32,646.21 and the NSE Nifty hit a new high of 10,106.75 on continued buying by investors driven by encouraging earnings by corporates amid positive global cues. Short-covering of bets, Thursday being the last session of July expiry in the derivatives segment, kept the sentiment upbeat. Rising for the second ... Read More »

Market experts analyse Reliance Industries’ Q1 earnings

In an interview to CNBC-TV18’s Anuj Singhal, SP Tulsian of sptulsian.com, Sudeep Anand of IDBI Cap Markets, Prakash Diwan, Market Expert at Altamount Capital Management and Prayesh, AVP -Research IIFL, spoke about Reliance Industries quarterly earnings. Below are excerpts from the conversation Anuj: Looking at the numbers, Rs 7476 crore on refining. Where did that number come from? Tulsian: Extraordinary number, it is ... Read More »

Bank of America Reports Earnings Drop in Q1, Stock Dips

Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was a normal quarter,” Nancy Bush, ... Read More »

HSBC Q1 profit falls a smaller than expected 14%

HSBC posted a 14 per cent drop in its first-quarter profit, as the lender’s investment banking unit saw trading income tumble in the grim global market environment early in the year, but the profit fall was smaller than expected. HSBC, Europe’s biggest bank, reported on Tuesday a pretax profit of $6.1 billion for the first three months of this year, ... Read More »