The Indian benchmark indices ended the session on Friday broadly in green, hitting fresh record closing highs. NSE closed 0.78% or 150.75 points higher at 19,564.50, and the Sensex soared 502 points or 0.77% to settle at 66,060.60. 

The GIFT Nifty futures recorded a minor gain before the opening hours on Monday, indicating a similar opening for the domestic indices NSE Nifty 50 and S&P BSE Sensex. 

Here are stocks in focus on 17 July 2023:

Bandhan Bank: The private sector lender reported results for the April-June quarter of the 2023-24 fiscal year. Bandhan Bank posted an 18.7% fall in net profit to Rs 721 crore due to a 1% fall in net interest income (NII) to Rs 2,491 crore and a 6.76% increase in gross non-performing assets (GNPAs).

Angel One: The National Stock Exchange (NSE) has imposed a Rs 1.67 crore monetary penalty on Angel One and has stopped the brokerage from onboarding new authorised persons (APs) for six months over failing to monitor APs working in the F&O segment and alleged violation of capital market regulations. 

HDFC Bank: The banking behemoth will announce its earnings for the June FY24 quarter today, its first after the merger with HDFC Ltd. Research firms estimate strong growth in the loan book and overall net profit and expect margins to remain stable.

Avenue Supermarts: The retail chain D-Mart operator posted a 2.46% rise in its consolidated net profit at Rs 658.71 crore and an 18.20% YoY rise in its revenue from operations to Rs 11,865.44 crore for the first quarter of FY24. The company missed growth estimates of brokerages and research firms as declining apparel and general merchandise sales impacted margins. 
JSW Energy: JSW Energy’s consolidated net profit declined by a whopping 48% YoY to Rs 289.88 crore in Q1FY24 due to the one-time impact of its recent acquisitions of two plants under non-operational costs. Its revenue from operations also declined by 3.3% from Rs 560.43 crore during Q1FY23 to Rs 2,927.85 crore, driven by short-term sales weaknesses in its hydro energy and coal segments.