Markets in Japan were trading lower, trailing losses on Wall Street on concerns over artificial intelligence’s growth. The Nikkei 225 was 0.83% down at 39,234.02 as of 7:05 a.m.

On Monday, the S&P 500 and Nasdaq Composite ended 1.46% and 3.07% down, respectively. The Dow Jones Industrial Average ended 0.65% higher.

Brent crude was trading 0.19% higher at $77.23 a barrel as of 6:57 a.m., according to Bloomberg data. The Bloomberg Spot Gold was trading 0.13% at 2,744.32 an ounce.

The GIFT Nifty was trading 0.06%, or 14 points, higher at 22,934.50 as of 7:09 a.m.

The Indian benchmark stock market indices settled at the lowest level in over seven months on Monday as they extended losses to a second session in a row.

The NSE Nifty 50 ended 263.05 points or 1.14% down at 22,829.15, and the 30-stock BSE Sensex ended 824.29 points or 1.08% down at 75,366.17. The two frontline indices posted their lowest level since June 5, 2024.

Market-cap of the Nifty 50 companies fell by Rs 2.4 lakh crore to Rs 182.07 lakh crore. The NSE Nifty Bank index also declined to the lowest level in over seven months during the session. The index ended 0.63% down at 48,064.65.

Earnings To Watch

Major Earnings To Watch: Bajaj Auto, Bharat Heavy Electricals, Cipla, Colgate-Palmolive (India), Exide Industries, GMR Airports, Hindustan Zinc, Hyundai Motor India, JSW Energy, Mahanagar Gas, Piramal Pharma, SBI Cards and Payment Services, Star Health And Allied Insurance Co, Som Distilleries & Breweries, TVS Motor Co. and V-Guard Industries.

Earnings To Watch: Ami Organics, Apar Industries, Apcotex Industries, Arvind, Bosch, CG Power and Industrial Solutions, CSB Bank, Emudhra, Great Eastern Shipping Co, Greenply Industries, Home First Finance Co., Ideaforge Technology, IFB Industries, IIFL Capital Services, Le Travenues Technology, JM Financial, JSW Infrastructure, Jubilant Ingrevia,  Kirloskar Pneumatic Co, Lloyds Metals And Energy, Mahindra & Mahindra Financial Services, CE Info Systems, Motilal Oswal Financial Services, Novartis India, Nucleus Software Exports, PDS, PTC India Financial Services, Rites, Route Mobile, RR Kabel, Share India Securities, Shyam Metalics And Energy, SIS, Baazar Style Retail, Suzlon Energy, Syrma SGS Technology, Tatva Chintan Pharma Chem, TCI Express, TTK Prestige, TVS Holdings and UTI Asset Management Co.

Earnings Post Market Hours

Coal India Q3 Earnings

  • Revenue down 1% to Rs 35,779.74 crore versus Rs 36,153.97 crore.

  • Ebitda down 5% to Rs 12,317 crore versus Rs 12,971 crore.

  • Ebitda margin at 34.4% versus 35.9%.

  • Net profit down 17% to Rs 8,506 crore versus Rs 10,253 crore.

Piramal Enterprises Q3 Earnings

  • Revenue down 1.1% to Rs 2,449 crore versus Rs 2,476 crore.

  • Ebitda down 10.8% to Rs 1,075 crore versus Rs 1,205 crore.

  • Ebitda margin at 43.9% versus 48.7%.

  • Net profit to Rs 38.6 crore versus a loss of Rs 2,378 crore.

360 One WAM Q3 Earnings

  • Net profit up 12.6% to Rs 276 crore versus Rs 245 crore.

  • Total income up 4.7% at Rs 934 crore versus Rs 893 crore.

Petronet LNG Q3 Earnings

  • Revenue down 6.1% at Rs 12,227 crore versus Rs 13,024 crore.

  • Ebitda up 3.7% at Rs 1,247 crore versus Rs 1,202 crore.

  • Margin at 10.2% versus 9.2%.

  • Net profit up 2.1% at Rs 867 crore versus Rs 849 crore.

Sanghi Industries Q3 Earnings

  • Revenue up 36.9% at Rs 259 crore versus Rs 189 crore.

  • Ebitda at Rs 30.3 crore versus loss of Rs 22.8 crore.

  • Ebitda margin at 11.7%.

  • Net loss reduced to Rs 97 crore versus loss of Rs 202 crore.

Emami Q3 Earnings

  • Revenue up 5.3% to Rs 1,049 crore versus Rs 996 crore.

  • Ebitda up 7.6% to Rs 339 crore versus Rs 315 crore.

  • Margin to 32.3% versus 31.6%.

  • Net profit up 8% to Rs 279 crore versus Rs 258 crore.

Bajaj Housing Finance Q3 Earnings

  • Net profit up 25.4% to Rs 548 crore versus Rs 437 crore.

  • Net Interest Income up 24.9% to Rs 806 crore versus Rs 645 crore.

  • Net interest margin at 3.5% versus 3.6% (YoY)

Indraprastha Gas Q3 Earnings

  • Revenue up 1.6% to Rs 3,759 crore versus Rs 3,697 crore.

  • Ebitda down 32.2% to Rs 364 crore versus Rs 536 crore.

  • Margin at 9.7% versus 14.5%.

  • Net profit down 33.7% to Rs 286 crore versus Rs 431 crore. 

Tata Steel Q3 Earnings

  • Revenue down 3% to Rs 53,648 crore versus Rs 55,312 crore.

  • Ebitda down 5.7% to Rs 5,903 crore versus Rs 6,264 crore.

  • Margin at 11% versus 11.3%.

  • Net profit down 36.4% to Rs 327 crore versus Rs 513 crore.

Kaynes Tech Q3 Earnings

  • Revenue up 29.8% to Rs 661 crore versus Rs 509 crore.

  • Ebitda up 34.7% to Rs 94 crore versus Rs 70 crore.

  • Ebitda margin at 14.2% versus 13.7%.

  • Net profit up 47.2% to Rs 66 crore versus Rs 45 crore.

Aditya Birla Sun Life AMC Q3 Earnings

  • Net profit up 7.2% to Rs 224 crore versus Rs 209 crore.

  • Total income up 14.9% to Rs 483 crore versus Rs 421 crore.

Prudent Corporate Advisory Services Q3 Earnings

  • Revenue down 0.4% to Rs 285 crore versus Rs 286 crore.

  • Ebitda down 4.1% to Rs 65.9 crore versus Rs 68.7 crore.

  • Margin at 23.1% versus 24%.

  • Net profit down 7% to Rs 47.59 crore versus Rs 51.09 crore.

Astec Lifesciences Q3 Earnings

  • Revenue up 84.8% to Rs 93.9 crore versus Rs 50.8 crore.

  • Ebitda loss of Rs 5.8 crore versus loss of Rs 18.3 crore.

  • Net loss of Rs 40.4 crore versus loss of Rs 24.3 crore.

KRN Heat Exchanger Q3 Earnings

  • Revenue up 69.8% to Rs 111 crore versus Rs 65.6 crore.

  • Ebitda up 34.8% to Rs 15.8 crore versus Rs 11.7 crore.

  • Margin at 14.2% versus 17.9%.

  • Net profit up 74.6% to Rs 13.7 crore versus Rs 7.9 crore.

Mahindra Logistics Q3 Earnings

  • Revenue up 14.1% to Rs 1,594 crore versus Rs 1,397 crore.

  • Ebitda up 41.1% to Rs 73.7 crore versus Rs 52.2 crore.

  • Ebitda margin at 4.6% versus 3.7%.

  • Net loss at Rs 7.2 crore versus a loss of Rs 16.4 crore.

Updater Services Q3 Earnings

  • Revenue up 9.2% to Rs 695 crore versus Rs 636 crore.

  • Ebitda up 32.5% to Rs 46 crore versus Rs 34.7 crore.

  • Ebitda margin at 6.6% versus 5.5%.

  • Net profit up 48.1% to Rs 30.8 crore versus Rs 20.8 crore.

Union Bank of India Q3 Earnings

  • Net interest income up 1% to Rs 9,240 crore versus Rs 9,168 crore.

  • Gross NPA at 3.85% versus 4.36% (QoQ).

  • Net NPA at 0.82% versus 0.98% (QoQ).

  • Net profit up 28.2% to Rs 4,604 crore versus Rs 3,590 crore.

RailTel Corp Q3 Earnings

  • Revenue up 14.9% to Rs 768 crore versus Rs 668 crore.

  • Ebitda down 6.5% to Rs 121 crore versus Rs 130 crore.

  • Ebitda margin at 15.8% versus 19.4%.

  • Net profit up 4.7% to Rs 65.1 crore versus Rs 62.1 crore.

Federal Bank Q3 Earnings

  • Net interest income rises 15% to Rs 2,431 crore versus Rs 2,123 crore.

  • Net NPA at 0.49% versus 0.57% (QoQ).

  • Gross NPA at 1.95% versus 2.09% (QoQ).

  • Net profit down 5.1% to Rs 955 crore versus Rs 1,007 crore.

Prataap Snacks Q3 Earnings

  • Revenue up 8.9% to Rs 444 crore versus Rs 408 crore.

  • Ebitda loss of Rs 5.4 crore versus a profit of Rs 34.7 crore.

  • Net loss of Rs 37.9 crore versus a profit of Rs 10.8 crore.

New India Assurance Q3 Earnings

  • Total income down 4.2% to Rs 10,230 crore versus Rs 10,676 crore.

  • Underwriting loss at Rs 1,458.17 crore versus Rs 1,366.63 crore.

  • Net premium at Rs 9,070.33 crore versus Rs 8,986.77 crore.

  • Net profit down 51.7% to Rs 344 crore versus Rs 713 crore.

Stocks To Watch

  • Infosys: Announces collaboration with Street Child to establish seven digital learning centers in crisis-affected areas of Ukraine.

  • Arvind SmartSpaces: To develop a 440-acre mega industrial park in Ahmedabad with top-line potential of Rs 1,350 crore.

  • Bank of Baroda: Enters business transfer agreement with Bank Dhofar to transfer Oman branch’s business.

  • HeidelbergCement India: Refuses comment on market rumors regarding acquisition talks with UltraTech Cement.

  • Wipro: Enters agreement with FrieslandCampina to provide IT services over a five-and-a-half-year engagement.

  • Oriental Rail: Secures Rs 575 crore order from Indian Railways to supply 33 rakes of multi-purpose wagons.

  • Tata Power: TP Solar receives Rs 455-crore contract to supply 300 MWp of solar modules to Maharashtra State Power Generation.

  • IIFL Finance: Bharat Aggarwal resigns as business head-unsecured lending.

  • 360 One WAM: Approves Rs 1,774 crore acquisition of Batlivala & Karani Securities India and Rs 110 crore acquisition of Batlivala & Karani Finserv.

  • Azad Engineering: The company secured a purchase order from Bharat Heavy Electrical Ltd for the supply of advanced, high-complex rotating airfoils for supercritical turbines. The deal value has not been disclosed.

  • Sammaan Capital: Closed QIP with Rs 150 per share issue price, allocating 8.67 crore shares to QIBs.

Petronet LNG: Wins order for sale of 250 KTA Propylene and 11 KTA Hydrogen from Petrochemical Complex at Dahej to Deepak Phenolics.

ITC: ITC Hotels receives approval for listing on exchanges, effective Jan. 29.

Trading Tweaks

Record Date Interim Dividend: Tips Music (Rs 3), Wipro (Rs 6), Zensar Technologies (Rs 2)

Price Band Changes (From 10 to 5): Avalon Technologies, K.P. Energy, Purvankara

Price Band Changes (From 20 to 10): Netweb Technologies

F&O Cues

  • Nifty January futures fall 1.22% at 22,846.25 at a premium of 17.1 points.

  • Nifty January futures open interest falls 10.64%

  • Nifty Jan. 30 max call open interest at 24,000 and max put open interest at 22,000.

  • Securities in F&O ban period: Indiamart Intermesh, Manappuram Finance, Mahanagar Gas and Punjab National Bank.

Money Market

The Indian rupee closed weaker against the US dollar on Monday, as it weakened by 13 paise to settle at 86.34 against the greenback.

The domestic currency had opened on a weaker note, depreciating by 14 paise to 86.35 against the dollar, according to Bloomberg data.

. Read more on Markets by NDTV Profit.The NSE Nifty 50 ended 263.05 points or 1.14% down at 22,829.15, and the BSE Sensex ended 824.29 points or 1.08% down at 75,366.17 on Monday.  Read MoreMarkets, Business, Notifications 

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