Q3 results today: Investors will be on edge as some of the top firms report Q3 earnings. Several companies, including ONGC, Divis Labs, Aurobindo Pharma, and the Multi Commodity Exchange of India (MCX), will be in the spotlight today when they report their third-quarter results.
The domestic equity benchmark indices, namely the Sensex and the Nifty 50, closed in positive territory during Friday’s session. This uptrend was primarily driven by buying activity in financial, fast-moving consumer goods (FMCG), and pharmaceutical stocks.
However, investors were still digesting the realization that there is less likelihood of early rate cuts in both the US and India. Additionally, a recent upsurge in oil and gas stocks has prompted a sell-off, while metal stocks have also experienced selling pressure.
The 30-share BSE Sensex concluded the session with a gain of 167.06 points or 0.23%, reaching the level of 71,595.49. Meanwhile, the Nifty 50 finished at 21,782.50, up 64.55 points or 0.3%. In the broader market segment, the Nifty Midcap 100 declined by 0.89% today, whereas the Nifty SmallCap 100 saw a 1.40% decrease in its closing.
Today, February 10, over 26 companies will announce their Q3 quarter results.
Oil and Natural Gas Corporation, Divis Laboratories, Aurobindo Pharma, Multi Commodity Exchange of India, Amber Enterprises India Limited, Sai Silks Kalamandir, Flair Writing Industries, Uflex, Yatharth Hospital, and Trauma Care Services, Maithan Alloys, MM Forgings, Jagran Prakashan, Themis Medicare, Satia Industries, Global Surfaces, Nahar Spinning Mills, V2 Retail, Sandesh, Jayant Agro-Organics, TVS Electronics, Nahar Industrial Enterprises, Nahar Poly Films, Nahar Capital and Financial Services, Autoline Industries, Sahyadri Industries, Mawana Sugars, and other companies.
