The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.34% lower by 78 points at 23,579, indicating that the domestic benchmark indices are likely to make a negative start on Friday.
On Thursday, 9 January, Domestic benchmark indices S&P BSE Sensex slipped 528 points or 0.68% and settled at 77,620.21 while the Nifty50 traded slumped 162.45 points or 0.69%, settling at 23,526.50.
Here are some stocks that are likely to remain in focus on 10 January.
Quarterly Results Today: Annvrridhhi Ventures, Brightcom Group, CESC, Infomedia press, Justdial, Shah Metacorp, Sharma East India Hospital & Medical Research, Equinox India Developments, G N A Axles, Hathway Bhawani Cabletel & Datacom, Swati Projects, Velecha Engineering, Vivimed Labs, PCBL, and Just Dial are some of the prominent companies set to announce their quarterly earnings for October-December.
NTPC Green Energy: The company has added 60 megawatts (MW) to the Bhainsara Solar project and 50 MW to the Shajapur Solar project.
Hindustan Zinc: The company has received a Rs 35.35 crore penalty from the Udaipur tax office over a dispute related to the Input Tax Credit for fiscal year 2017-18.
Swiggy: The company’s quick commerce platform, Swiggy Instamart, has expanded to over 75 cities across India and will soon be available as a standalone app.
Tata Consultancy Services: In its quarterly earnings for October-December, the company reported an 11.95% year-on-year increase in net profit to Rs 12,380 crore compared to Rs 11,058 crore reported in the same quarter last year.
Shriram Finance: The company has announced their plans to execute a stock split of 1:5, wherein one share with a face value of Rs 10 will be divided into five shares with a face value of Rs 2 each.
Steel Authority of India: The company has supplied around 45,000 tonnes of steel for the upcoming Mahakumbh Mela, which is one of the biggest religious gatherings in the world.
Mahanagar Gas: The domestic gas allocation at APM prices is set to be increased by 26% from 16 January. The increase will raise the allocation for Compressed Natural Gas from 37% and 51%.
Vodafone Idea: The company has raised Rs 1,910 crore by issuing preferential allotment of shares to entities belonging to Vodafone Group Plc, aiming to turn around its business.
Religare Enterprises: The Madhya Pradesh High Court has concluded a public interest litigation (PIL) and lifted the stay on Religare Enterprises’ (REL) annual general meeting (AGM), which was initially set to take place on 31 December.
Swiggy/Zomato: The Competition Commission of India (CCI) is likely to be approached by the National Restaurant Association of India to address concerns regarding food delivery apps launching standalone apps for 10-minute food delivery.
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