PRE-MARKET INDIAN STOCKS NEWS: Earnings including Bank of Baroda, Bank of India, JSW Infrastructure & Tata Consumer Products
The earnings reports and strategic moves from major Indian companies indicate a mixed but generally positive sentiment in the non-financial sector, particularly with Indian Oil Corporation showing substantial profit growth.
Lloyds Banking Group (LLOY LN) is preparing a push into US infrastructure investing, including in the data centre sector, according to FT
Malaysian Inflation Rate YoY (Apr) Y/Y 1.9% vs. Exp. 1.9% (Prev. 1.7%)
PRE-MARKET INDIAN STOCKS NEWS: Earnings including Bank of Baroda, Bank of India, JSW Infrastructure & Tata Consumer Products
[MARKET ANALYSIS] Asia-Pac stocks trade mixed as geopolitical uncertainty lingers, despite US President Trump calling off strikes on Iran
[MARKET ANALYSIS] DXY gets some slight reprieve after weakening against its major peers yesterday
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Adani Enterprises (ADE IS) - Co. reached a settlement with the US Treasury Department’s OFAC in an alleged sanctions violation matter related to imports of Iranian LPG through Mundra Port in Gujarat. (Economic Times)
Eicher Motors (EIM IS) - Co.’s Royal Enfield plans to set up a manufacturing facility in Andhra Pradesh with an investment of INR 25.0bln. (Economic Times)
Indian Oil Corporation (IOCL IS) - Co. Q4 (INR) net rose 78% Y/Y to 144.6bln, rev. rose 7% Y/Y to 2.37tln. (Economic Times)
JSW Steel (JSTL IS) - JSW Energy (JSW IS) monetised part of its holding in the Co. through a bulk deal worth INR 31.5bln. (Economic Times)
Vodafone Idea (IDEA IS) - Co. is targeting a tripling of cash flow and expects new loans, tax refunds and promoter capital infusion to help generate more than INR 1,000.0bln over the next three years. (Economic Times)
Energy - India raised petrol and diesel prices by a further INR 0.9/litre. (Newswires)
Meanwhile, Vodafone Idea's ambitious cash flow targets and the resolution of sanctions for Adani Enterprises suggest operational recoveries, though rising energy prices could pose a broader inflationary risk. These developments could influence investor sentiment in the Indian markets today, especially in the energy and telecommunications sectors.
Related headlines
- Newsqawk European Market Wrap - 9th September 20263 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight1 hour ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent7 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports4 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 3 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement7 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened7 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal8 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"38 min ago
- Iran official says it is ready for more intense war with US if required and will escalate strikes in response to US attacks52 min ago
- EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD). 57 min ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after3 hours ago
- US official says in total, in the past week, the US has attacked and destroyed 10 Iranian oil tankers, i24 news reports4 hours ago
- Arabic sources reported intense clashes between mercenaries affiliated with Saudi Arabia and the UAE, reportedly following successive defeats by Houthi forces on various fronts in Yemen, SNN reports4 hours ago
- There are signs the US is working to devise some means of striking Iran's nuclear sites, CNN reports5 hours ago
- Iran launched a drone at a tanker near Iraq, and at a tanker near the Emirates, reports i24's Stein5 hours ago
- IRGC official warns that further US aggression against Iran could trigger more unprecedented Iranian responses, IRNA reports6 hours ago
- Iran’s Foreign Ministry condemns US attacks on Iranian vessels and says Tehran’s strikes on US military bases and interception of American vessels constitute legitimate self-defence under international law6 hours ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported6 hours ago
- The Vienna meeting calls on Iran to engage seriously without conditions in confidence-building talks, Al Jazeera reports citing a US-European draft resolution7 hours ago
The whole workspace, free to try.
Try it free