SBI, Paytm, Nykaa, BPCL, Titan: Trading strategies post Q1 results

Paytm and Nykaa have logged smart gains gains in trade so far on Monday post Q1 results, while SBI and BPCL declined notably. Going ahead these are the key levels to be watched on these stocks.

Shares of the State Bank of India (SBI), One 97 Communications (Paytm), Bharat Petroleum Corporation (BPCL) and Fsn E-Commerce Ventures (Nykaa) were in focus on Monday after these companies announced the June quarter earnings over the weekend. 

On the earnings front, the largest state-run bank reported 6.7 per cent YoY decline in standalone net owing to higher mark-to market losses. Nykaa reported 33 per cent surge in Q1 net, while revenue grew 41 per cent. Paytm and BPCL reported wider net losses at Rs 644 crore and Rs 6,291 crore, respectively. However, Patym's revenue surged 89 per cent. 

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