Q3 Results Today: Ballarpur Ind, Hardwyn India, R Systems and more to post earnings as earning season nears end
Q3 Results Today: Ballarpur Industries Ltd, EPACK Durable Ltd, Hardwyn India Ltd, R Systems International Limited, and Shivom Investment & Consultancy Ltd are Companies scheduled to post their earnings on February 15. As the earnings season is nearing its end some leftover companies will keep announcing their results.
Over 620 companies announced their December quarter earnings on February 14. Also Read | Entero Healthcare Solutions IPO allotment finalised; Latest GMP, steps to check Entero IPO allotment status The Indian stock market staged a comeback on February 14, recovering from an early low.
The BSE Sensex closed 268 points higher at 71,823, while the Nifty 50 gained 97 points to end at 21,840. Also Read | Share Market Live Updates: Sensex advances in pre-open, up 670pts; Nifty at 21,800 Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said, positive European market cues and short-covering towards the fag-end buoyed the sentiment, as key benchmark indices overcame massive sell-off in early trades following overnight slump in US markets amid higher-than-expected inflation data.
There could be more bouts of intra-day volatility in the near term, as investors are getting restless in the wake of delay in rate cuts by the US Fed. There are fears that rate cuts may not happen in the near term due to higher inflation worries, and hence markets may continue to witness choppy trends going ahead.
Technically, Nifty’s aggressive upside targets are still seen at 22127 mark, while the make-or-break support is at 21517 mark. Also Read | Juniper Hotels IPO: Price band set at ₹342-360 per share; check GMP, key dates, issue details, more M&M Q3 Results: Mahindra & Mahindra (M&M) showcased impressive growth in its December
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