Titan Company, Mankind Pharma, Adani Wilmar, Interglobe Aviation, Aditya Birla Capital, Indian Overseas Bank, Godrej Properties, Hindustan Petroleum Corporation, Gujarat Gas, Sapphire Foods India, VIP Industries, Quess Corp, Paradeep Phosphates, Orient Electric, MAS Financial Services, Strides Pharma, Sigachi Industries, NRB Industrial Bearings, Hindustan Motors, Surana Solar, GPT Infraprojects and Lyka Labs are among the companies announcing their Q1 results today (August 2)
Bajaj Consumer, CRISIL, Data Patterns, L&T, Powergrid InvIT, Share India Securities, Menon Pistons, TD Power Systems, Dynamic Cables and Hawkins Cookers are among stocks that will turn ex-dividend today (August 2)
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is set to convene via video conferencing today (August 2) to decide on tax rules on online gaming, The Council will also reportedly provide a proper definition of online money gaming, for the purpose of levying GST
Continue Viewing BT Visual Story
Catch the latest business news, share market updates, expert analysis and exclusives only on BTTV.in
“Markets have been maintaining a positive tone amid consolidation, thanks to upbeat global cues and selective buying across sectors. The existence of multiple supports at 19,500 in Nifty is further adding to the confirmation. We thus reiterate our view to look for buying opportunities on dips and avoid contrarian trades,” said Ajit Mishra, SVP - Technical Research, Religare Broking Ltd.
“Overall, we expect the market to consolidate in a range with a positive bias as we move further into the earning season. BOE interest rate decision along with a slew of economic data points including US Manufacturing PMI and monthly Non-Farm Payroll data during the week would provide direction to the markets,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
“We expect range-bound trade to continue in gold for the short term. Comex Gold has support at $1,942 and resistance at $1,975 for the day. The MCX Gold October future has support at Rs 59,450 and resistance at Rs 60,280,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
Honda Motorcycle and Scooter India is set to launch a new bike today (August 2). The new Honda motorcycle is expected to be in the 150-180cc bike segment. As per media reports, the new bike could be called Honda SP160 and is likely to rival with Hero Xtreme 160R. The price of the new Honda commuter bike is likely to be Rs 1.10 lakh approx.
“From a technical perspective, we expect the crude oil price to witness a minor correction before continuing the uptrend. For the day, NYMEX WTI crude oil has resistance at $83.50 and support at $79.0. The MCX Crude Oil August contract has resistance at Rs 6,800 and support at Rs 6,580,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities
The registration for Common Admission Test (CAT) for admission to IIMs is set to start from 10 am today (August 2). Interested and eligible candidates can apply via the official website - iimcat.ac.in, till the deadline at 5 pm on September 13
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable