Indian Shares Slide as Economic Data Alters Rate Expectations

Market snapshot: Indian shares opened lower as traders reacted to upbeat U.S. data that affected rate cut speculation. Key stocks, including Tata Elxsi and Ola Electric Mobility, saw declines, while Jindal Worldwide and Tata Technologies reported gains.

Date: 08-01-2025

AI Rating: 5

Earnings Per Share (EPS): The report does not provide insights on EPS for any of the companies mentioned.
Revenue Growth: No specific revenue growth figures are present in the analysis.
Net Income: Net income information is not available.
Profit Margins: There is no mention of profit margins for the companies in the report.
Free Cash Flow (FCF): FCF data is not discussed in the report.
Return on Equity (ROE): Information regarding ROE is not included.

Overall, the sentiment is mixed due to troubled stocks like Tata Elxsi, Ola Electric Mobility, and Birlasoft, which experienced declines amidst corporate challenges, while companies like Jindal Worldwide and Tata Technologies posted notable gains following positive developments such as a bonus issue and strategic partnerships.

Stocks: TATAMOTORS OLAELEC TATSTEEL BIRLASFT JINDALSAW TATTECH NTPC