Title: Indian Stocks Positive on Earnings Results, but Trade War Looms

Title: Indian Stocks Positive on Earnings Results, but Trade War Looms

Positive Sentiment

• Reliance Industries: The company announced a financial demerger of its Jio business, which could unlock value for both companies.
• Infosys: The company reported strong earnings results, with revenue and profit beating estimates.
• HDFC Bank: The company reported strong earnings results, with profit rising 19%.
• TCS: The company reported strong earnings results, with profit rising 16%.
• Bajaj Finance: The company reported strong earnings results, with profit rising 34%.
• Wipro: The company reported strong earnings results, with profit rising 14%.
• L&T: The company reported strong earnings results, with profit rising 22%.
• Hindustan Unilever: The company reported strong earnings results, with profit rising 10%.
• ITC: The company reported strong earnings results, with profit rising 20%.

Negative Sentiment

• Reliance Jio and Airtel: The two companies are engaged in a telecom tariff war, which could hurt their profits.
• Ongoing trade war between the United States and China: The trade war could have a negative impact on the Indian economy, which could hurt the stock prices of these companies.

Overall, the sentiment towards Indian stocks on 4 July 2023 was positive, but there were some potential headwinds that could impact the stock prices of these companies in the future.

I hope this is helpful!