MANAGEMENT OUTLOOK/COMMENTARY/RESULT UPDATE/ GUIDANCE / NEWS

Mahindra & Mahindra Financial Services shares pare losses after falling nearly 5%

Pratik Gupta Kotak Institutional Equities • Don't expect budget to be a game changer for earnings outlook • Low end of the economy has not recovered • Discretionary is still suffering from low volumes and margin decline • Valuations are not cheap for real estate companies • Expect sharp uptick in earnings estimate for real estate companies in future

BAJAJ AUTO SAYS To unveil the new CNG bike on July 5; new bike to address a large market size- ETNOW Nearly 70% of 2-wheeler industry sensitive to fuel prices

HDFC Bank shares hit life-high

Top Gainer Vs Loser ▶️Nifty Bank top sectoral gainer aided by HDFC Bank, Federal Bank, Bandhan Bank ▶️Nifty IT top sectoral loser ailed by TCS, HCLTech, Infosys, Wipro, Persistent

HDFC BANK: 13.7 LAKHS SHARES EXCHANGED VIA ANOTHER BLOCK DEAL