Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are expected to open little changed on Wednesday as investors turned cautious ahead of the signing of a US-China trade deal and amid the Q3 corporate earnings season. Wipro reported a 2.17 percent fall in its consolidated net profit for Q3FY20, while MindTree posted a 3 percent rise in its net profit.
Here are the top stocks to watch out for in today’s trade:
Tata Steel BSL’s consolidated net loss widens to Rs 501.5 crore for the quarter ended December 31 from Rs 239.6 crore in the year-ago period.
UV Asset Reconstruction Company (UVARC) and Reliance Jio emerge as highest bidders in asset sale process of debt-ridden Reliance Communications.
Yes Bank acquires around 30 percent stake in a wholly-owned subsidiary of Reliance Power pursuant to invocation of pledged shares.
Wipro posts a 2.17 percent fall in consolidated net profit for Q3FY20, and estimates up to 2 percent revenue growth for Q4FY20.
Canara Bank calls off the divestment of its stake in housing finance subsidiary Can Fin Homes.
Mindtree reports a 3 percent rise in consolidated net profit at Rs 197 crore for the December 2019 quarter.
Godawari Power says the arbitral tribunal dismissed the claim of Lauren and allowed counterclaim filed by Godawari Power partially to the tune of Rs.2.31 crore.
CSB Bank says the Reserve Bank of India has lifted the regulatory restriction on opening of new branches.
Bharti Airtel closes issuance of $1,000 million of 1.50% foreign currency convertible bonds due 2025.
Q3 Earnings today: Den networks, L&T Infotech, RIIL, Sterlite technology, Tinplate company of India