Numerous companies are expected to reveal their first quarter earnings, including Titan, Hindustan Zinc, and Delhivery. Titan’s performance suffered due to high gold prices and regional competition. Analysts predicted a 6% YoY sales increase but a minor 1% decline in net profit for April-June 2024, highlighting challenges in the jewelry segment.
Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gains
Indian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settling higher. India VIX, a