Motilal Oswal
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Top stocks to watch out for on January 29: Axis Bank, Jet Airways, Mindtree, Zee Media Corp

Updated : January 29, 2019 07:40 AM IST

Indian stocks looked set for a negative start on Tuesday, tracking Asian markets which were trading weak, as hopes of US-China trade deal were again hit after the United States charged Chinese telecom firm Huawei with bank fraud and for conspiring to steal trade secrets. At 07:10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.28 percent at 10,657.50, indicating a negative start for the Indian market.

The Jet Airways board will meet on February 21 to discuss a fresh resolution plan being considered by lenders, triggering speculation whether the carrier will end up like Kingfisher Airlines. (Picture credits: Reuters/Caption credits: IANS)
The Jet Airways board will meet on February 21 to discuss a fresh resolution plan being considered by lenders, triggering speculation whether the carrier will end up like Kingfisher Airlines. (Picture credits: Reuters/Caption credits: IANS)
Coffee Day, Mindtree: Following an Income Tax department order to attach a portion of shares held by VG Siddhartha and his group Coffee Day Enterprises over a potential tax demand, the company has initiated steps to free shares of Mindtree even as the talks for stake sale is in progress. (Picture credits: Reuters)
Coffee Day, Mindtree: Following an Income Tax department order to attach a portion of shares held by VG Siddhartha and his group Coffee Day Enterprises over a potential tax demand, the company has initiated steps to free shares of Mindtree even as the talks for stake sale is in progress. (Picture credits: Reuters)
Larsen & Toubro (L&T) on Monday said the company is scouting for acquisition opportunities in information technology (IT) space over the next 2-3 months. (Picture credits: Reuters)
Larsen & Toubro (L&T) on Monday said the company is scouting for acquisition opportunities in information technology (IT) space over the next 2-3 months. (Picture credits: Reuters)
Telecom operator Vodafone Idea on Monday announced a strategic partnership with Sun TV Network, to strengthen content offering in southern India. (Picture credits: Reuters/Caption credits: PTI)
Telecom operator Vodafone Idea on Monday announced a strategic partnership with Sun TV Network, to strengthen content offering in southern India. (Picture credits: Reuters/Caption credits: PTI)
Results today: Axis Bank, HDFC, Bajaj Finance, Bajaj Finserv, HCL Tech, BOB, Bharat Financial, Godrej Consumer, Mahanagar Gas, Oriental Bank of Commerce, The Ramco Cements, Strides Pharma, Info edge, Crompton Greaves consumer Elect, Kansai Nerolac Paints, TATA Coffee, Wabco India, CERA sanitaryware, DCM Shriram, Bliss GVS Pharma, Granules India, Himadri speciality, KEC International, KEI Industries, TATA Steel BSL, Welspun Enterprises, Hitachi.
Results today: Axis Bank, HDFC, Bajaj Finance, Bajaj Finserv, HCL Tech, BOB, Bharat Financial, Godrej Consumer, Mahanagar Gas, Oriental Bank of Commerce, The Ramco Cements, Strides Pharma, Info edge, Crompton Greaves consumer Elect, Kansai Nerolac Paints, TATA Coffee, Wabco India, CERA sanitaryware, DCM Shriram, Bliss GVS Pharma, Granules India, Himadri speciality, KEC International, KEI Industries, TATA Steel BSL, Welspun Enterprises, Hitachi.
Tata Power Co Ltd's quarterly profit plunged nearly 79 percent, well below market expectations, dented by higher expenses. (Reuters)
Tata Power Co Ltd's quarterly profit plunged nearly 79 percent, well below market expectations, dented by higher expenses. (Reuters)
Zee Media Corporation: The company, in an exchange filing, said that Vishwapati Trivedi resigned from the post of Independent Director with effect from January 27 stating that he will not be able to contribute in ‘turbulent’ times. (Picture credits: stock image)
Zee Media Corporation: The company, in an exchange filing, said that Vishwapati Trivedi resigned from the post of Independent Director with effect from January 27 stating that he will not be able to contribute in ‘turbulent’ times. (Picture credits: stock image)
Tyre maker CEAT on Monday reported a 36 percent dip in its consolidated net profit to Rs 52.24 crore for the quarter ended December 2018. (Picture credits: stock image/Caption credits: PTI)
Tyre maker CEAT on Monday reported a 36 percent dip in its consolidated net profit to Rs 52.24 crore for the quarter ended December 2018. (Picture credits: stock image/Caption credits: PTI)
Vedanta Resources Ltd on Monday announced a fresh investment of Rs 8,500 crore to expand its mining and allied operations in South Africa and has committed to invest another Rs 60,000 crore in India in the next three years. (Picture credits: Reuters/Caption credits: PTI)
Vedanta Resources Ltd on Monday announced a fresh investment of Rs 8,500 crore to expand its mining and allied operations in South Africa and has committed to invest another Rs 60,000 crore in India in the next three years. (Picture credits: Reuters/Caption credits: PTI)
Bank of India, IL&FS: Bank of India on Monday reported a much higher loss at Rs 4,738 crore in the quarter to December as its bad loan provisions more than doubled to Rs 9,180 crore mainly on account of the first 40 large accounts referred by the central bank for bankruptcy proceedings and also due to a fresh hit from the IL&FS crisis. (Picture credits: Reuters/Caption credits: PTI)
Bank of India, IL&FS: Bank of India on Monday reported a much higher loss at Rs 4,738 crore in the quarter to December as its bad loan provisions more than doubled to Rs 9,180 crore mainly on account of the first 40 large accounts referred by the central bank for bankruptcy proceedings and also due to a fresh hit from the IL&FS crisis. (Picture credits: Reuters/Caption credits: PTI)
JSW Steel and global trading firm Duferco are in advanced talks on a five-year cash-for-steel prepayment deal, four sources familiar with the matter said, in a rare move for the industry. (Reuters)
JSW Steel and global trading firm Duferco are in advanced talks on a five-year cash-for-steel prepayment deal, four sources familiar with the matter said, in a rare move for the industry. (Reuters)
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