Stocks to watch: ICICI Bank, UltraTech Cement, SBI Life, Wipro, JSW Steel and more
Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless, and Tata Communications will be closely watched ahead of Monday's release of Q3 earnings.
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Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless, and Tata Communications will be closely watched ahead of Monday's release of Q3 earnings.
Stocks to Watch: Find out which businesses are creating news before the market opens.
Demat accounts increased due to attractive returns and convenience of opening.
IT equities are likely to be in the spotlight following the release of stronger-than-expected quarterly results from Infosys and HCL Technologies, and Wipro is slated to report earnings on Friday, so keep an eye on these companies' stocks.
Alibaba looks to be exiting India since it has previously sold shares in other businesses such as BigBasket and Zomato. Paytm is the latest e-commerce company to sell a share.
Stocks to Keep an Eye On: Infosys and HCL Technologies are going to release their quarterly results, while Sah Polymers is going to begin trading on Thursday.
The only equities that are under the F&O ban period on Wednesday are GNFC and Indiabulls Housing Finance, therefore investors should keep an eye on both of these companies.
TCS reported 11% YoY net growth in Q3, while revenue above analyst projections at Rs 58,229 crore.
Tata Consultancy Services, Gyscoal Alloys, JBF Industries, Shrenik, and Tijaria Polypipes will be among the companies reporting earnings for the December quarter today.
Oil prices were also supported by anticipation for lower rates. U.S. West Texas Intermediate crude futures increased by 1.4% to $74.71 and Brent crude increased by 1.2% to $79.61 per barrel.
Despite today's dip, the stock has increased by 12% over the past month and by as much as 45% over the prior three months.
Watch these stocks today: According to Bajaj Finance, there were 7.8 million new loans originated during Q3FY23, which was the most ever.
Early in the session, the Sensex and Nifty trade down.
Watch these stocks today: In December 2022, Maruti Suzuki India's volume of passenger vehicle production fell by 16.5% year over year.
Stocks to watch today: Tata Motors reported a 10% YoY growth in domestic December sales to 72,997 vehicles, up from 66,307 units sold the previous year.
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