1 day Ago By Shreya Sur
The earnings season, which began this week with the release of Tata Consultancy Services Ltd.'s fourth quarter results, will pick up pace next week when an array of major companies will post their quarterly scorecard.IT majors Wipro Ltd.
and Infosys Ltd. will announce their results on April 16 and April 17, respectively, whereas HDFC Bank Ltd., ICICI Bank Ltd.
, and Yes Bank Ltd. will declare their results on April 19.Also, key listed firms like ICICI Lombard General Insurance Company Ltd.
, Indian Renewable Energy Development Agency Ltd., Angel One Ltd., Waaree Renewable Technologies Ltd.
, Tata Elexi Ltd., and Mastek Ltd. will also post their results next week.
On the trading front, the upcoming week will be shortened, as the stock market will be closed on April 14 and April 18 for Babasaheb Ambedkar Jayanti and Good Friday, respectively. Also, the Indian market will see no public issues next week.A slew of key economic data will be released in the coming week, including the retail inflation print for the month of March on Monday (April 14), followed by India's trade data—including imports and exports—for March and the entire fiscal year 2024-2025 on Tuesday (April 15).
Also, data related to India's wholesale manufacturing price index will be released in the upcoming week.Markets This WeekIndia's benchmark equity market indices ended the week in red for the second consecutive week with minor losses, following a temporary pause in US trade tariffs.On Friday, however, they closed higher with the NSE Nifty 50 ending 429.
40 points or 1.92% up at 22,828.55, and the BSE Sensex settling 1,310.
11 points or 1.77% higher at 75,157.26.
Stock Market Highlights: Nifty, Sensex End Volatile Week With Minor Losses On Global Trade War StandoffDomestic CuesRetail inflation data for the month of March will be released on Monday. The WPI food index and inflation data for the month of March will be out on Tuesday.The data on balance of trade, along with imports and exports, during financial year 2024-25 will also be released on Tuesday.
The stock market will remain shut on Monday on account of Ambedkar Jayanti and on Friday on account of Good Friday. Global CuesJapan will release the revised and final industrial product data for the month of February on Monday. On Tuesday, China will release its GDP data for the first quarter of calendar year 2025.
This will be followed by the US releasing key data related to retail sales and crude oil inventories on Wednesday. Also, Federal Reserve Chair Jerome Powell is scheduled to speak at an event on that day.On Thursday, the attention shifts to Europe as the ECB will announce its interest rate decision and deposit facility rate.
Markets globally will remain shut on Friday, due to the observance of Good Friday.Corporate ActionShares of Hexaware Technologies Ltd. and Mazagon Dock Shipbuilders Ltd.
, will turn ex-date for the issue of interim dividends on Tuesday and Wednesday, respectively.Also, shares of Kapil Raj Finance Ltd. and Akme Fintrade (India) Ltd.
will turn ex-date for their stock split. Both the shares will stock split from Rs 10 to Rs 1.Shares of Onesource Industries And Ventures Ltd.
, Remedium Lifecare Ltd., and Garment Mantra Lifestyle Ltd., will turn ex-date for their right issue of equity shares.
The table below shows the full list of corporate actions for the upcoming week.Trump China Tariffs Now At Least 145% As Trade War Ramps Up. Read more on Business by NDTV Profit.
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