Q2 Result
Market braces for action as Bajaj Finance, ONGC, HAL, MRF to reveal Q2 numbers next week
Mumbai/IBNS: Bajaj Finance, Oil & Natural Gas Corporation (ONGC), Hindustan Aeronautics Ltd. (HAL), Vodafone will be among the giants to produce the earnings in the second quarter of the fiscal year 2025-26 next week, Business Today reported.
On Monday, Bajaj Finance and ONGC will produce their earnings in the quarter that ended on September 30.
Telecom giant Vodafone will also release its report the same day.
On Tuesday, Bajaj Finserv and Tata Power will produce their results followed by Asian Paints, Tata Steel, HAL and Ashok Leyland on Wednesday.
Eicher Motors- the manufacturer of Royal Enfield- alongside Hero MotoCorp will produce their earnings on Thursday.
Marico, Oil India and MRF will produce their report on Friday when the market will wrap up for the week.
Vinod Nair, Head of Research at Geojit Financial Services, told the daily, "Select sectors found support from upbeat Q2 earnings, with PSU banks remaining in focus due to robust financial performance, improving asset quality, and renewed speculation regarding a potential FDI cap hike and sector consolidation.
"However, IT and metal stocks came under pressure, weighed down by weak global cues and fading expectations of a Fed rate cut."
"On the global front, investor sentiment remained cautious amid uncertainty surrounding trade and tariff discussions. Domestically, PMI readings were mixed, while GST collections remained resilient despite rate rationalization—indicating sustained economic momentum and optimism around corporate earnings upgrades. Meanwhile, gold has declined from its recent highs owing to stronger U.S. dollar and easing geopolitical tensions," he added.
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