Looking ahead, earnings will remain the key focus, though global developments may continue to induce volatility. “We suggest maintaining a positive bias as long as the Nifty holds above the 25,000 mark, and adopting a strategy of buying quality stocks on dips rather than taking aggressive leveraged positions,” said Ajit Mishra – SVP, Research, Religare Broking
In today’s trade, shares of HCL Tech, Tech Mahindra, RBL Bank, Hero MotoCorp, Anand Rathi Wealth among others will be in focus due to various news developments and second quarter results.
HCL Tech
HCLTech announced an interim dividend of Rs 12 per share for its shareholders, marking the company’s 91st consecutive quarterly payout. Consolidated revenue for the quarter stood at Rs 31,942 crore, up 5% sequentially and 11% year-on-year (YoY), supported by robust performance in its services and engineering segments. HCL Tech’s net income came in at Rs 4,235 crore, flat YoY but up 10% sequentially.
Tech Mahindra, IREDA
Shares of Tech Mahindra and IREDA will be in focus as the companies will announce their second quarter results later today.
ONGC
Oil and Natural Gas Corporation (ONGC) plans to launch its oil trading business in the next financial year in partnership with an international firm, targeting an annual profit of $1 billion, a company executive said. The total crude oil volume available at the group level for the proposed trading desk is estimated at 70–90 million tonnes per year, said Ajay Kumar Singh, Chief of Corporate Planning at ONGC.RBL Bank
Emirates NBD Bank PJSC, the second-largest bank in the UAE, is in advanced negotiations with RBL Bank to finalise a Rs 15,000 crore ($1.7 billion) investment in the private lender and emerge as the single largest and controlling shareholder, ET reported. The investment is said to be in the form of preferential allotment of equity shares and warrants to be followed by an open offer for an additional 26% stake.
Hero MotoCorp
Hero MotoCorp, the world’s largest two-wheeler manufacturer, has officially entered the Italian market through a distribution partnership with Pelpi International. The launch marks Hero’s 49th international market and comes at a time when the company seeks to expand its presence in Europe with Euro 5+ compliant models.
Tata Motors
In a relief to the West Bengal government, the Supreme Court on Monday ruled that land acquired for Tata Motors’ ‘Nano’ car project in Singur will not be restored to the industrial entities which were operating there prior to the acquisition.
Asian Paints
The Supreme Court refused to entertain a plea by Asian Paint against the Competition Commission of India’s order directing an investigation against it for allegedly abusing its dominant position in the market for manufacturing and sale of decorative paints.
Anand Rathi Wealth
For July–September quarter (Q2FY26), the company posted a consolidated net profit of Rs 100 crore, registering a YoY increase of 31%. Total revenue during this period rose by 23% to Rs 307 crore. Assets Under Management (AUM) expanded 22% YoY to Rs 91,568 crore, supported by a healthy 20% YoY growth in net inflows to Rs 6,827 crore for H1FY26.
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