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Equity Market

25 Jul 2021

Prospects of economic recovery & strong earnings would outpace concerns of Covid-19 spread

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ICICI Bank and ITC reported better than expected results and Reliance Industries results came in as per expectations, markets would see a gap up opening on Monday as the investors will react to the reported earnings, and companies mentioned above have 17% weight in the Nifty50 index. Next week, domestic investors will watch out for Q1 earnings release from Dr. Reddy’s Labs, Nestle, Maruti Suzuki, Sun Pharma, Tata Motors, Tech Mahindra and L&T.

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C S S Nikhil Bhargav
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