Overview
- Key updates are due from Tata Steel, Hindustan Aeronautics, Asian Paints, Ashok Leyland, IRCTC and Cochin Shipyard, anchoring sector focus across metals, defence, autos, railways and paints.
- Bloomberg consensus pegs Q2 benchmarks such as Tata Steel revenue at about Rs 55,900 crore and Asian Paints Ebitda near Rs 1,341 crore, offering reference points for post-results reaction.
- Companies have lined up investor calls alongside potential interim dividend announcements, adding catalysts for intraday swings.
- Early reporters showed a mixed picture, with BSE net profit up 61% year-on-year, Fortis Healthcare up 82%, Tata Power down 0.8% and RVNL down 19.7% for Q2.
- Tata Motors debuts on the BSE and NSE following its demerger, while brokers highlight Nifty’s reclaim of the 20-DEMA and strength in banks and IT as near-term supports.