The U.S. markets were down yesterday. The FED indicated the rate hikes. The European markets ended lower. The Asian markets are in red. SGX Nifty also indicates a gap-down for Indian markets.
The following stocks will be in focus today:
Tata Motors: Its global wholesales rose to 2% QoQ. Its commercial vehicles wholesale rose to 14% YoY, while its passenger vehicles wholesale down by 3% YoY.
Reliance Industries: It signed an MoU with the Gujarat government for an investment of Rs. 5.95 lakh Cr in Green and renewable energy projects.
Datamatics: The company entered a partnership with PSI Services.
Titan Company: Ace investor Rakesh Jhunjhunwala increases his stake to 4.02% during Q3 FY22.
EaseMyTrip: The company recommends a bonus issue of 1:1.
Visaka Industries: The company will consider an interim dividend declaration on January 22nd.
Orient Electric: The company to consider the declaration of interim dividend on January 20th.
Vodafone Idea: The company enters into a partnership with US-based Ciena to revamp its national broadband networks for 5G services.
Ircon International: The company forms a JV Ircon Renewable Power Company.
Hindustan Aeronautics: ICRA upgrades it’s long-term rating from AAA to AA+. It also upgrades its outlook from ‘positive’ to ‘stable’.
IT major HCL Technologies to declare it’s Q3 results today.