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Here’s a look at buzzing stocks for trade on January 16

Updated : January 16, 2020 08:21 AM IST

Indian shares are expected to open higher on Thursday, following positive sentiment in the global markets after the US and China signed an initial trade deal to ease an 18-month tariff war between the two countries. Among the stocks in news today, L&T Infotech and Sterlite Technologies reported their December quarter earnings. The CCI has ordered a probe against Asian Paints for unfair business practices.

Here are the top stocks in focus today:

L&T Infotech’s Q3 consolidated net profit rises to Rs 376.7 crore from Rs 375.5 crore a year ago.

The CCI orders a probe against Asian Paints for allegedly hindering the entry of JSW Paints by virtue of its dominance in the market.

Telecom operators Bharti Airtel, Reliance Jio and Vodafone Idea submit their applications for 5G trials.

Sebi rejects Axis Bank's plea to allow the lender to invoke the pledge on shares in the Karvy Stock Broking Ltd matter.

GE T&D India appoints Pitamber Shivnani as CEO and president of grid business in South Asia.

Sterlite Technologies reports a net profit of Rs 91 crore during December 2019 quarter, down from Rs 146 crore a year ago.

DFM Foods promoters, along with certain other shareholders, sign share purchase agreements with AI Global Investments.

Yes Bank says the lender's capital adequacy is at a comfortable level and efforts are being made to further strengthen it.

Torrent Pharma board will consider raising funds via equity on January 27.

Q3 Earnings Today: Cyient, Karnataka Bank, Rallis India, South Indian Bank, Tata Metaliks, 5paisa, AB Money, Hathway Cable.
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