bse and nse-79700518

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. 

Raghuveer Jandhyala

Editor, Tax Concept. I have written on market, finance, management, and technology.