Most Asia-Pacific markets were trading higher in early trade Monday tracking Wall Street move from Friday. Market participants focused on US President Donald Trump’s policies.

The Hang Seng and CSI 300 were trading 0.84% and 0.27% higher, respectively as of 7:06 a.m., according to data on Bloomberg terminal. The Nikkei 225 was 0.31% down.

On Friday, after posting the best rally, US share indices took a breather as chipmakers’ stocks weighed. The S&P 500 and Dow Jones Industrial Average ended 0.29% and 0.33% down, respectively. The Nasdaq Composite ended 0.50% down.

The GIFT Nifty was trading 0.66% or 153.00 points down at 22,932.50 as of 7:26 a.m.

The Indian benchmark indices extended their losses for the third consecutive week as earnings woes continue to hurt investor sentiments. The key gauges snapped their two-day gains on Friday, weighed down by a fall in heavyweights HDFC Bank Ltd. and Reliance Industries Ltd.

The S&P BSE Sensex closed 329.92 points, or 0.43%, down at 76,190.46, while the NSE Nifty 50 was 113.15 points, or 0.49%, lower at 23,092.20. During the day, the Nifty fell 0.67% to 23,050, and the Sensex declined 0.56% to 76,091.7.

Foreign portfolio investors stayed net sellers of Indian equities for the 16th straight session on Friday as they sold stocks worth Rs 2,758.5 crore.

The domestic institutional investors, on the other hand, were net buyers for the 27th consecutive session as they mopped up equities worth Rs 2,402.3 crore, according to provisional data from the National Stock Exchange.

The Indian rupee strengthened by 26 paise to close at 86.21 against the greenback.

Earnings To Watch

  • Nifty earnings to watch: Coal India and Tata Steel.

  • Other earnings to watch: 360 ONE WAM, ACC, Adani Total Gas, Adani Wilmar, Aditya Birla Sun Life AMC, Amalgamated Electricity, Apollo Pipes, Arunjyoti Bio Ventures, Asit C. Mehta Financial Services, Astal Laboratories, Astec LifeSciences, Aurionpro Solutions, Bajaj Housing Finance, BCC Fuba India, Canara Bank, Chemo Pharma Laboratories, Devine Impex, DHP India, Dolphin Offshore Enterprises (India), Dwarikesh Sugar Industries, Emami, Epigral, Gangotri Textiles, Gautam Gems, Golden Crest Education & Services, GTV Engineering, Indian Oil Corporation, Indo Farm Equipment, Indraprastha Gas, IRB InvIT Fund, Ishaan Infrastructures and Shelters, Jindal Drilling And Industries, Kaynes Technology India, KRN Heat Exchanger and Refrigeration, Laffans Petrochemicals, Lehar Footwears, LT Foods, Maharashtra Seamless, Mahindra Logistics, Manba Finance, Nakoda Group of Industries, Navkar Corporation, Nikki Global Finance, Nitin Spinners, Oswal Yarns, Petronet LNG, Piramal Enterprises, Prataap Snacks, Premier Energy And Infrastructure, Premier Polyfilm, Prudent Corporate Advisory Services, Railtel Corporation Of India, Rajath Finance, Raymed Labs, Refex Industries, Rossell India, S&T Corporation, Sadhna Broadcast, Sanghi Industries, Sarthak Global, Savani Financials, Sayaji Hotels (Indore), Sumitomo Chemical India, Sundram Fasteners, Sustainable Energy Infra Trust, The Federal Bank, The New India Assurance Company, Tokyo Plast International, Trishakti Industries, Ultracab (India), Union Bank of India, Updater Services, Vardhman Holdings, Vascon Engineers, Viaan Industries, Virinchi, Wealth First Portfolio Managers, Welspun Specialty Solutions, Wheels India, Wonderla Holidays, and Yatharth Hospital & Trauma Care Services.

Earnings Post Market Hours

InterGlobe Aviation Q3 Earnings (Consolidated, YoY)

  • Revenue up 13.7% to Rs 22,111 crore versus Rs 19,452 crore.

  • Ebitda up 10.7% to Rs 6,059 crore versus Rs 5,475 crore.

  • Ebitda margin down to 27.4% versus 28.1%.

  • Net profit down 18.3% to Rs 2,449 crore versus Rs 2,998 crore.

JSW Steel Q3 Earnings (Consolidated, YoY)

  • Revenue down 1.4% to Rs 41,378 crore versus Rs 41,940 crore.

  • Ebitda down 22.3% to Rs 5,579 crore versus Rs 7,180 crore.

  • Ebitda margin down to 13.5% versus 17.1%.

  • Net profit down 70.3% to Rs 717 crore versus Rs 2,415 crore.

Godrej Consumer Products Q3 Earnings (Consolidated, YoY)

  • Revenue up 3% to Rs 3,768 crore versus Rs 3,660 crore.

  • Ebitda down 10% to Rs 756 crore versus Rs 841 crore.

  • Ebitda margin down to 20.1% versus 23%.

  • Net profit down 14% to Rs 498 crore versus Rs 581 crore.

  • Home Care grew by 4%.

  • Personal Care grew by 2%.

DAM Capital Advisors Q3 Earnings (Consolidated, QoQ)

  • Revenue up 64% to Rs 104 crore versus Rs 63 crore.

  • Net profit up 230% to Rs 52 crore versus Rs 22 crore.

  • Investment banking revenue up 210% to Rs 80 crore versus Rs 38 crore.

  • Broking revenue down 11% to Rs 20 crore versus Rs 23 crore.

Torrent Pharma Q3 Earnings (Consolidated, YoY)

  • Revenue up 2.8% to Rs 2,809 crore versus Rs 2,732 crore.

  • Ebitda up 5.2% to Rs 914 crore versus Rs 869 crore.

  • Ebitda margin up to 32.5% versus 31.8%.

  • Net profit up 13.5% to Rs 503 crore versus Rs 443 crore.

Intellect Design Arena Q3 Earnings (Consolidated, QoQ)

  • Revenue up 9% to Rs 610 crore versus Rs 558 crore.

  • Ebit up 88% to Rs 79 crore versus Rs 42 crore.

  • Ebit margin up to 13% versus 7.5%.

  • Net profit up 33% to Rs 70.2 crore versus Rs 52.8 crore.

Supriya Lifescience Q3 Earnings (YoY)

  • Revenue up 32% to Rs 186 crore versus Rs 140 crore.

  • Ebitda up 59% to Rs 65.9 crore versus Rs 41.4 crore.

  • Ebitda margin up to 35.5% versus 29.6%.

  • Net profit up 57.2% to Rs 46.7 crore versus Rs 29.7 crore.

Bank of India Q3 Earnings (YoY)

  • NII up 11% to Rs 6,070 crore versus Rs 5,463 crore.

  • Net profit up 34.6% to Rs 2,517 crore versus Rs 1,870 crore.

  • Gross NPA down to 3.69% versus 4.41% (QoQ).

  • Net NPA down to 0.85% versus 0.94% (QoQ).

DCB Bank Q3 Earnings (YoY)

  • NII up 15% to Rs 543 crore versus Rs 474 crore.

  • Net profit up 19.6% to Rs 151 crore versus Rs 127 crore.

  • Gross NPA down to 3.11% versus 3.29% (QoQ).

  • Net NPA up to 1.18% versus 1.17% (QoQ).

DLF Q3 Earnings (Consolidated, YoY)

  • Revenue up 0.5% to Rs 1,529 crore versus Rs 1,521 crore.

  • Net profit up 61.2% to Rs 1,059 crore versus Rs 657 crore.

  • One-time loss of Rs 302 crore in Q3 due to I-T liability of JV company.

Sharda Cropchem Q3 Earnings (Consolidated, YoY)

  • Revenue up 47% to Rs 929 crore versus Rs 632 crore.

  • Ebitda up to Rs 154 crore versus Rs 46.7 crore.

  • Ebitda margin up to 16.6% versus 7.4%.

  • Net profit up to Rs 31.1 crore versus Rs 4.6 crore.

CreditAccess Grameen Q3 Earnings (YoY)

  • Total income up 6.7% to Rs 1,382 crore versus Rs 1,295 crore.

  • Net loss of Rs 99.5 crore versus profit of Rs 353 crore.

Alkyl Amines India Q3 Earnings (YoY)

  • Revenue up 15.3% to Rs 371 crore versus Rs 322 crore.

  • Ebitda up 19.3% to Rs 71.2 crore versus Rs 59.6 crore.

  • Ebitda margin up to 19.2% versus 18.5%.

  • Net profit up 30.9% to Rs 43.8 crore versus Rs 33.4 crore.

EMS Q3 Earnings (Cons, YoY)

  • Revenue up 22.9% to Rs 245 crore versus Rs 200 crore.

  • Ebitda up 51.8% to Rs 71.1 crore versus Rs 46.8 crore.

  • Ebitda margin up to 29% versus 23.5%.

  • Net profit up 35.3% to Rs 50.5 crore versus Rs 37.3 crore.

Shakti Pumps (India) Q3 Earnings (Consolidated, YoY)

  • Revenue up 30.9% to Rs 649 crore versus Rs 495 crore.

  • Ebitda up to Rs 154 crore versus Rs 71 crore.

  • Ebitda margin up to 23.8% versus 14.3%.

  • Net profit up to Rs 104 crore versus Rs 45.2 crore.

Sagar Cements Q3 Earnings (Consolidated, YoY)

  • Revenue down 15.8% to Rs 564 crore versus Rs 669 crore.

  • Ebitda down 56.8% to Rs 37.6 crore versus Rs 87.1 crore.

  • Ebitda margin down to 6.8% versus 13%.

  • Net loss to Rs 54.5 crore versus loss of Rs 10.5 crore.

RPG Life Sciences Q3 Earnings (YoY)

  • Revenue up 12.4% to Rs 173 crore versus Rs 154 crore.

  • Ebitda up 29.7% to Rs 49.2 crore versus Rs 37.9 crore.

  • Ebitda margin up to 28.5% versus 24.7%.

  • Net profit up 32% to Rs 34.9 crore versus Rs 26.5 crore.

Trident Q3 Earnings (Consolidated, YoY)

  • Net profit down 26.7% to Rs 80.1 crore versus Rs 109 crore.

  • Revenue down 9.18% to Rs 1,667 crore versus Rs 1,835 crore.

  • Ebitda down 21.1% to Rs 206 crore versus Rs 262 crore.

  • Ebitda margin down to 12.4% versus 14.2%.

ICICI Bank Q3 (Standalone, YoY)

  • PPOP up 14.7% at Rs 16,887 crore versus Rs 14,724 Crore (Estimate Of Rs 16,500 Crore)

  • Provisions up 17% at Rs 1,227 crore versus Rs 1,049 crore (Estimate Of Rs 1,500 crore)

  • Net Profit up 14.8% at Rs 11,792 crore versus Rs 10,272 crore (Estimate Of Rs 11,400 crore)

  • NII up 9% at Rs 20,371 crore versus Rs 18,679 crore (Estimate Of Rs 20,500 crore)

  • Net NPA Flat at 0.42% (QoQ),

  • Gross NPA at1.96% Versus 1.97% (QoQ)

    NIM: 4.25% versus 4.27% QoQ

  • Advances: Rs 13.14 lakh crore, up 14% (Estimate Of Rs 13.15 lakh crore)

  • Deposits: Rs 15.2 lakh crore, up 14% (Estimate Of Rs 15.4 lakh crore)

  • Gross additions to NPA: 6,085 crore, up 20% QoQ

  • Recoveries & Upgrades: Rs 3,392 crore, up 2.2% QoQ

Yes Bank Q3 (Standalone, YoY)

  • NII up 10% at Rs 2,223 crore versus Rs 2,016 crore

  • Gross NPA Flat At 1.6% (QoQ)

  • Net NPA Flat At 0.5% (QoQ)

  • Provisions down 53.4% at Rs 259 crore versus Rs 555 crore

  • Provisions down 12.8% at 259 crore versus Rs 297 crore (QoQ)

  • Net Profit at Rs 612 crore versus Rs 231 crore

  • Net profit more than doubled as provisions fell sharply

  • Advances grew 12.6% YoY at Rs 2.44 lakh crore.

  • Total Deposits up nearly 15% at Rs 2.77 lakh crore

  • NIMs flat at 2.4%

NTPC Green Energy Q3 (Consolidated, YoY)

  • Revenue up 13% to Rs 505 crore versus Rs 446 crore

  • Ebitda up 7.2% to Rs 424 crore versus Rs 395 crore

  • Margins at 83.9% versus 88.6%

  • Net Profit up 18% to Rs 65.6 crore versus Rs 55.6 crore

Macrotech Developers Q3 (Consolidated, YoY)

  • Revenue up 39.3% to Rs 4,083 crore versus Rs 2,931 crore (Estimate Rs 3,200 crore)

  • Ebitda up 48% to Rs 1,306 crore versus Rs 883 crore (Estimate Rs 861 crore)

  • Margin expands to 32% versus 30% (Estimate Rs 26.9%)

  • Net profit up 87.6% to Rs 944 crore versus Rs 503 crore (Estimate Rs 523 crore)

  • Achieved 73.25% pre-sales guidance of Rs 17,500 crore

JK Cement Q3 (Consolidated, YoY)

  • Revenue down 0.2% to Rs 2,930 crore versus Rs 2,935 crore (Bloomberg Estimate: Rs 2861.4 crore).

  • Ebitda down 21.3% to Rs 492 crore versus Rs 625 crore (Bloomberg Estimate: Rs 461.1 crore).

  • Margins at 16.8% versus 21.3% (Bloomberg Estimate: 16%).

  • Net profit down 33.2% to Rs 190 crore versus Rs 284 crore (Bloomberg Estimate: Rs 169.5 crore).

NTPC Q3 (Consolidated, YoY)

  • Revenue up 5.2% to Rs 45,053 crore versus Rs 42,820 crore (Bloomberg Estimate: Rs 46,576.8 crore)

  • Ebitda up 20.3% to Rs 13,667 crore versus Rs 11,362 crore (Bloomberg Estimate: Rs 10,973.4 crore)

  • Margin at 30.3% versus 26.5% (Bloomberg Estimate: 23.6%)

  • Net profit down 1.8% to Rs 5,063 crore versus Rs 5,155 crore (Bloomberg Estimate: Rs 5104.4 crore)

IDFC First Bank  Q3 (Standalone, YoY)

  • NII up 14% at Rs 4,902 crore versus Rs 4,287 crore

  • Net Profit down 52.6% at Rs 339 crore versus Rs 716 crore

  • Gross NPA At 1.94% Versus 1.92% (QoQ)

  • Net NPA At 0.52% Versus 0.48% (QoQ)

  • Provisions at Rs 1,338 crore versus Rs 655 crore

CDSL Q3 (Consolidated, YoY)

  • Revenue up 29.7% at Rs 278 crore versus Rs 215 crore

  • Ebitda up 22% at Rs 161 crore versus Rs 131 crore

  • Ebitda margin at 57.8% versus 61.3%

  • Net profit up 21% at Rs 130 crore versus Rs 107 crore

Transport Corp Q3 (Consolidated, YoY)

  • Revenue up 14.5% at Rs 1,147 crore versus Rs 1,002 crore (Estimate Rs 1137 crore)

  • Ebitda up 18.6% at Rs 119 crore versus Rs 99.9 crore (Estimate Rs 125 crore)

  • Ebitda margin at 10.3% versus 10% (Estimate 11%)

  • Net Profit up 27% at Rs 101 crore versus Rs 79.4 crore (Estimate Rs 99 crore)

  • Board Declares 2nd Interim Dividend of Rs 4.5 per share

Trident (Consolidated, YoY)

  • Revenue down 9.18% at Rs 1,667 crore versus Rs 1,835 crore

  • Ebitda down 21.1% at Rs 206 crore versus Rs 262 crore

  • Margin At 12.4% Versus 14.2%

  • Net Profit down 26.7% at Rs 80.1 crore versus Rs 109 Crore

Ugro Capital Q3 (YoY)

  • Net Profit up 15.4% at Rs 37.5 crore versus Rs 32.5 crore (Estimate Rs 38 crore)

  • Total Income up 37.8% at Rs 385 crore versus Rs 279 crore

Stocks To Watch

  • HCL Technologies: The company has been selected by Salesforce to be part of its Agentforce Partner network.

  • LTIMindtree: The IT company announced Venu Lambu as its Chief Executive Officer Designate. Venu Lambu will work closely with Debashis Chatterjee, CEO & MD, to ensure a smooth & seamless transition.

  • Ceigall India: The company emerged as the lowest bidder for a project worth Rs 865 crore in Punjab.

  • ASK Automotive: The company acquired an additional stake worth Rs 10.20 crore in its unit AISIN ASK India.

  • One Mobikwik Systems: Chandan Joshi resigned as Co-Founder & CEO- Payments Division effective Friday.

  • Aditya Birla Estates: The arm entered into a joint venture with Mitsubishi Estate and is set to invest Rs 560 crore in JV for a Bengaluru-based premium residential project.

  • KEC International: The company bagged new transmission and distribution orders worth Rs 1,445 crore.

IPO Offerings

Denta Water and Infra Solutions: The public issue was subscribed to 221.7 times on Day 3. The QIBs bid at 236.9 times, non-institutional investors’ bidding was at 507.3 times, retail individual investors’ bidding was at 90.6 times.

Who’s Meeting Whom

Aurionpro Solutions: To meet investors and analysts on Jan. 30-31.

Trading Tweaks

  • Price band change to 5% from 10%: Tarc

  • Price band change to 5% from 2%: Parsvnath Developers

  • Price band change to 10% from 5%: Cochin Shipyard

  • Stocks moving out of ASM framework: Akiko Global Services, Mahindra EPC Irrigation

  • Stocks trading ex-dividend: KEI Industries, Tanla Platforms

  • Stocks trading ex-bonus: Shraddha Prime Projects

F&O Cues

  • Nifty January futures down by 0.49% to 23113.9 at a premium of 21 points.

  • Nifty January futures open interest down by 3.13%.

  • Nifty Options Jan. 30 Expiry: Maximum call open interest at 24,000 and maximum put open interest at 22000

  • Securities in ban period: Aditya Birla Fashion and Retail, Bandhan Bank, Can Fin Homes, Dixon Technologies (India), L&T Finance, Manappuram Finance, Mahanagar Gas, RBL Bank.

Money Market

The Indian rupee closed stronger against the US dollar on Friday. It strengthened by 26 paise to close at 86.21 against the greenback.

The domestic currency opened strong against the US dollar today, buoyed by a decline in both the dollar index and crude oil prices. The domestic currency appreciated by 18 paise to open at 86.28 against the dollar, after closing at 86.46 on the previous day, as per Bloomberg data.

. Read more on Markets by NDTV Profit.Foreign portfolio investors stayed net sellers of Indian equities for the 16th straight session on Friday as they sold stocks worth Rs 2,758.5 crore.  Read MoreMarkets, Business, Notifications 

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