Nifty Bank index began today’s session with a substantial gap-up at 61,411 versus yesterday’s close of 58,619. It is now hovering around 60,200, up 2.7 per cent.All 14 stocks in the index are in the green, led by Axis Bank and IDFC First Bank, up 3.1 per cent each.While the India-US trade deal did give an initial boost, post the gap-up opening, the index has not been able to sustain higher.Within banking, private banks are outperforming the public sector banks. Consequently, Nifty Private Bank is up 2.9 per ...

Group 1 - Kroger is set to announce its fiscal first-quarter earnings on June 20, 2025, with analysts expecting earnings of $1.46 per share and revenue of $45.3 billion, indicating a 12% year-over-year increase in earnings while sales growth remains flat [2] - In FY 2024, Kroger's same-store sales increased by 1.5%, and gross margin improved by 50 basis points to 22.3%, although adjusted EPS fell by 6% [3] - The company has a market capitalization of $44 billion, generated $147 billion in revenue over the last twelve months, and reported $3.8 billion in operating profits and $2.7 billion in net income [4] Group 2 - Historical trends indicate that Kroger's stock has risen 55% of the time after earnings announcements, with a median increase of 5.4% in one day [2][6] - The percentage of positive one-day returns post-earnings increases to 64% when analyzing data from the past three years, with a median of 5.4% for positive returns and -3.0% for negative returns [6][8] - The company plans to mitigate risks from trade tensions and tariffs by diversifying suppliers and optimizing its supply chain, although the recent departure of CEO Rodney McMullen may complicate these efforts [4]