Stock Market Today: All You Need To Know Going Into Trade On July 27

US futures rallied Wednesday after resilient earnings from Alphabet Inc. and an upbeat outlook from Microsoft Corp. helped to salve investor sentiment.

Contracts on the tech-heavy Nasdaq 100 added about 1.5%, while those for the S&P 500 were up over 0.5%. Shares in Japan, South Korea and Australia were steady. At 7:05 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.1% lower at 16,460.5 points.

Still, markets remain edgy ahead of a much-anticipated Federal Reserve interest-rate increase. The dollar dipped, oil was around $96/barrel and Bitcoin peeked above $21,000.

L&T Q1 FY23 (Consolidated, YoY)

• Revenue up 22% at Rs 35,853.20 crore

• EBITDA down 2% at Rs 3,120.62 crore

• EBITDA margin at 8.7% vs 10.8%

• Net profit up 50% at Rs 2,293.01 crore

Tata Power Q1 FY23 (Consolidated, YoY)

• Revenue up 45% at Rs 14,495.48 crore

• EBITDA down 2% at Rs 1,683.39 crore

• EBITDA margin at 11.61% vs 17.3%

• Net profit up 90% at Rs 883.54 crore

Relaxo Footwears Q1 FY23 (Consolidated, YoY)

• Revenue up 34% at Rs 667.15 crore

• EBITDA up 30% at Rs 86.12 crore

• EBITDA margin at 12.9% vs 13.3%

• Net profit up 25% at Rs 38.67 crore

Tata Investment Corp Q1 FY23 (Consolidated, QoQ)

• Revenue up 65% at Rs 101.97 crore

• EBIT up 62% at Rs 90.83 crore

• EBIT margin at 89% vs 90.5%

• Net profit up 67% at Rs 89.94 crore

United Spirits Q1 FY23 (Consolidated, YoY)

• Revenue up 16% at Rs 7,131.3 crore

• EBITDA up 98% at Rs 372.30 crore

• EBITDA margin at 5% vs 3%

• Net profit up 38X at Rs 266.2 crore

Aditya Birla Sun Life AMC Q1 FY23 (Standalone, YoY)

• Revenue up 1% at Rs 299.01 crore

• EBITDA up 0.4% at Rs 179.98 crore

• EBITDA margin at 60.19% vs 60.73%

• Net profit down 33% at Rs 101.51 crore

UTI Asset Management Q1 FY23 (Consolidated, YoY)

• Revenue up 15% at Rs 293.12 crore

• EBIT down 50% at Rs 95.91 crore

• EBIT margin at 33% vs 55%

• Net profit down 39% at Rs 94.41 crore

Sanofi Q1 FY23 (Consolidated, YoY)

• Revenue down 11% at Rs 699.3 crore

• EBITDA down 35% at Rs 161.10 crore

• EBITDA margin at 23% vs 31%

• Net profit down 33% at Rs 120.4 crore

India Grid Trust Q1 FY23 (Consolidated, QoQ)

• Revenue up 1% at Rs 560.88 crore

• EBIT down 7% at Rs 319.87 crore

• EBIT margin at 57% vs 62%

• Net profit down 5% at Rs 80.95 crore

Shopper’s Stop Q1 FY23 (Consolidated, QoQ)

• Revenue up 33% at Rs 948.44 crore

• EBITDA up 2X at Rs 162.50 crore

• EBITDA margin at 17% vs 11%

• Net profit at Rs 22.83 crore vs net loss of Rs 15.85 crore

• Yes Bank: The private sector lender will on July 29 consider raising of funds via a rights issue, preferential allotment, qualified institutions placement or through any other permissible mode.

• ONGC: The company has signed an MoU with Greenko ZeroC to jointly pursue opportunities in renewables, including green hydrogen.

• Wipro: The Bengaluru-based IT firm has extended its 20-year-old deal with Nokia for five more years.

• Zomato: The company’s shareholders have approved the proposal to acquire Blinkit in an all-stock deal.

• Piramal Enterprises: The company has received an NBFC licence from the Reserve Bank of India.

• Zydus Wellness: US FDA has approved the company's Bisoprolol Fumarate tablets used to treat high blood pressure.

• JSW Energy: NCLT has approved JSW Energy's resolution plan for Ind-Barath that owns a 700 MW under-construction thermal power plant in Odisha.

• HDFC Life Insurance: The company will consider raising funds by way of issue of equity shares and/or other securities by way of preferential issue.

• Delhivery: The new-age logistics firm has integrated its subsidiary Spoton Logistics with itself.

Earnings Today

Tata Motors, Maruti Suzuki, Biocon, Bajaj Finance, Laurus Labs, Colgate Palmolive, IIFL Finance, Dixon Technologies, Blue Dart Express, Welspun, United Breweries, TeamLease Services, Power Grid

• Zomato: Moore Strategic Ventures LLC sold 4.25 crore shares (0.54%) at Rs 44 apiece.

• Sapphire Foods India: Edelweiss Crossover Opportunities Fund sold 25.79 lakh shares (4.05%) at Rs 1,090 apiece. Nippon India funds bought 19.2 lakh shares (3.02%) at Rs 1,090 apiece.

• Fino Payments: To meet investors and analysts on July 28.

• Schaeffler India: To meet investors and analysts on July 28.

• Jindal Stainless: To meet investors and analysts on July 28.

• HDFC: To meet investors and analysts on July 29.

• Piramal Enterprises: To meet investors and analysts on July 29.

• Chalet Hotels: To meet investors and analysts on July 29.

• DCB Bank: To meet investors and analysts on July 30.

• SBI Life Insurance: To meet investors and analysts on July 30.

• Arvind: To meet investors and analysts on Aug. 1.

• GATI Ltd: To meet investors and analysts on Aug. 3.

• PI Industries: To meet investors and analysts on Aug. 4.

• First Source Solutions: To meet investors and analysts on Aug. 4.

• Suryoday SFB: To meet investors and analysts on Aug. 5.

AGMs Today

• Adani Green

• Adani Transmission

• Adani Power

• Bajaj Finance

• Blue Dart Express

• CG Power and Industrial Solutions

• Coromandel International

• Federal Bank

• Navin Fluorine International

• SKF India

• Ex-Date Dividend: Dalmia Bharat Sugar and Industries

• Ex-Date Interim Dividend: Bhansali Engineering Polymers

• Ex-Date Final Dividend: EPL, Gabriel India, Hawkins Cooker, Hero Motocorp, Kalpataru Power Transmission, MRF, Praj Industries, TCI Express, Thangamayil Jewellery, UPL

• Ex-Date Special Dividend: Praj Industries

• Record-Date Dividend: Share India Securities, Prataap Snacks, JMC Projects (India), Pidilite Industries

• Record-Date Interim Dividend: Share India Securities, Vedanta, Hatsun Agro Product

• Record-Date Annual General Meeting: Prataap Snacks

• Record-Date Issue Of Equity Shares: Sandur Manganese & Iron Ores

• Record-Date Reduction of Capital: Max India

The rupee ended at Rs 79.76 against the U.S. Dollar on Tuesday as compared to Monday's closing of Rs 79.73.

• Nifty July futures ended at 16,479.60, a discount of 4.25 points.

• Nifty July futures shed 25.06% and 39,991 shares in Open Interest.

• Nifty Bank July futures ended at 36,328, a discount of 80.5 points.

• Nifty Bank July futures shed 25.47%, 18,113 shares in Open Interest.

• Shree Cement - Capacity Expansion, Product Mix, Market Reach To Drive Growth: Axis Securities

• Logistics Sector Check - Increasing Uncertainty On Volume Growth, Margins, Heady Multiples: ICICI Securities

• Vehicle Financing Sector Check - Secular Opportunity Meets Cyclical Tailwinds: HDFC Securities

• HDFC Bank FY22 Annual Report - Resilient Performance Amid Covid-19; Eyeing Aggressive Growth: Axis Securities