What is the story about?
Benchmark indices, Nifty 50 and Sensex, ended Thursday's trading session higher as global headwinds showed signs of cooling and quarterly earnings boosted
sentiments. The Indian stock market is likely to open on a positive note on Thursday, January 23, amid mixed cues from Asian peers. On Thursday, the Nifty 50 and Sensex ended in green. Nifty 50 ended 132 points or 0.53 per cent lower at 25,289.90, while Sensex ended 397 points or 0.49 per cent down at 82,307.
Stocks To Watch
SAEL
SAEL Industries' share price will remain in focus as the company announced the commissioning of a 1 GWp solar plant at Khavda RE park in Gujarat.
ASF Group
ASF Group's stock will also remain in focus as it secured Rs 1,250 Cr from Alpha Alternatives to fund its Gurugram office campus and reduce debt. Project spans 4.5 million sq ft.
NTPC Green
NTPC Green will be in focus on Friday as it signed an MoU with the Government of Uttar Pradesh for the development of RE & Green Hydrogen Projects
Ashoka Buildcon
Ashoka Buildcon will be in focus on Friday after the company bagged an order worth ₹307.7 cr from the Public Works Department, Daman.
Bandhan Bank
Bandhan Bank's stock will likely see some action after the bank reported a 51.7 per cent drop in Q3 net profit to Rs 206 cr due to lower income & higher expenditure. NPAs improve to 3.33 per cent.
Ujjivan Bank
Ujjivan Small Finance Bank reported a 71 per cent rise in Q3 net profit to Rs 186 crore. NII at Rs 1,000 crore, up 12.8 per cent. Deposits grow 22.4 per cent.
Indigo
IndiGo's stock will also remain in focus after it reported a 78 per cent decline in Q3 profit to Rs 549.1 crore due to flight disruptions. Total income rises to Rs 24,540.6 crore.
IIFL Finance
IIFL Finance's stock may also see some action as the company reported a multifold Q3 profit increase to Rs 501 cr.
ONGC
ONGC's stock will remain in focus as it is set to acquire 50 per cent in two Bharat Ethane IFSC firms
Earnings To Watch
A busy earnings session awaits the markets on January 23, with as many as 54 companies, including several major index‑heavyweights and sector leaders, set to announce their Q3 FY25‑26 results.
Among the prominent names, JSW Steel, Shriram Finance, Bharat Petroleum Corporation (BPCL), Adani Green Energy, and Godrej Consumer Products will be in focus.
Pharma giant Cipla, along with JSW Energy and IndusInd Bank, will also release quarterly results on Jan 23.
The mid‑cap and broader market space will also see a heavy line‑up of earnings. Companies such as Multi Commodity Exchange (MCX), Laurus Labs, Piramal Finance, Sona BLW Precision Forgings, Karur Vysya Bank, Nuvama Wealth Management, Prime Focus, Urban Company, and Granules India are scheduled to report their numbers.
Beyond the larger names, a wide range of small‑cap and emerging companies will also declare their quarterly performance. These include Paras Defence, Sterlite Technologies, Innova Captab, Stylam Industries, Welspun Specialty Solutions, Veefin Solutions, Gandhar Oil Refinery, BEML Land Assets, and Shree Ganesh Remedies, among others.
Several micro‑cap counters such as Sampann Utpadan India, Libord Finance, Indo Cotspin, and Sumeru Industries will also be reporting.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
