Stock Market Today: All You Need To Know Going Into Trade On Jan. 17

U. S. bond yields rose and stocks fell on speculation.

Wall Street’s bets on aggressive Federal Reserve rate cuts have gone too far, according to Bloomberg. The S&P 500 index and Nasdaq 100 fell by 0. 43% and 0.

28%, respectively, as of 12:41 p. m. New York time.

The Dow Jones Industrial Average fell by 0. 69%. Brent crude was trading 0.

38% lower at $77. 85 a barrel. Gold was lower by 1.

40% at $2,027. 84 an ounce. India’s benchmark stock indic.

. . U.

S. bond yields rose and stocks fell on speculation. Wall Street’s bets on aggressive Federal Reserve rate cuts have gone too far, according to Bloomberg.

The S&P 500 index and Nasdaq 100 fell by 0. 43% and 0. 28%, respectively, as of 12:41 p.

m. New York time. The Dow Jones Industrial Average fell by 0.

69%. Brent crude was trading 0. 38% lower at $77.

85 a barrel. Gold was lower by 1. 40% at $2,027.

84 an ounce. India’s benchmark stock indices snapped a five-session winning streak to close lower on Tuesday, dragged by losses in Reliance Industries Ltd. and the information and technology and realty sectors.

The NSE Nifty 50 closed 65 points, or 0. 29%, lower at 22,032. 30, while the S&P BSE Sensex ended 199 points, or 0.

27%, lower at 73,128. 77. Overseas investors remained net buyers of Indian equities for the second consecutive session on Tuesday.

Foreign portfolio investors mopped up stocks worth Rs 656. 6 crore, while domestic institutional investors stayed net sellers and offloaded equities worth Rs 369. 3 crore, the NSE data showed.

The Indian rupee weakened 19 paise to close at Rs 83. 08 against the U. S.

dollar on Tuesday. ALSO READ PNC Infratech Gets Letter Of Award Worth Rs 1,174 Crore For West Bhopal Bypass Opinion PNC Infratech Gets Letter Of Award Worth Rs 1,174 Crore For West Bhopal Bypass Read More Earnings Post Market Hours HDFC Bank Q3 FY24 (Standalone, QoQ) NII at Rs 28,471. 3 crore vs Rs 27,385.

2 crore, up 4%. Net profit at Rs 16,372. 5 crore vs Rs 15,976.

11 crore, up 2. 48% (Bloomberg estimate: Rs 15,762. 8 crore).

Gross NPA at 1. 26% vs 1. 34%.

Net NPA at 0. 31% vs 0. 35%.

L&T Tech Q3 FY24 (Consolidated, QoQ) Revenue at Rs 2,421. 8 crore vs Rs 2,386. 5 crore, up 1.

47% (Bloomberg estimate: Rs 2,451 crore). Ebit at Rs 416. 2 crore vs Rs 407.

5 crore, up 2. 13% (Bloomberg estimate: Rs 421. 2 crore).

Margin at 17. 18% vs 17. 07% (Bloomberg estimate: 17.

2%). Net profit at Rs 336. 8 crore vs Rs 315.

9 crore, up 6. 61% (Bloomberg estimate: Rs 497. 8 crore).

ICICI Lombard General Insurance Q3 FY24 Net profit at Rs 431. 5 crore vs Rs 352. 5 crore, up 22.

4% YoY. Net premium income at Rs 4,304. 8 crore vs Rs 3,792.

1 crore, up 13. 5% YoY. Solvency ratio at 2.

57 vs 2. 45 YoY. Combined ratio at 103.

6% vs 104. 4% YoY. ICICI Securities Q3 FY24 (Standalone, YoY) Revenue at Rs 1,322.

4 crore vs Rs 878. 79 crore, up 50. 47%.

Ebitda at Rs 910. 6 crore vs Rs 547. 69 crore, up 66.

26%. Margin at 68. 85% vs 62.

32%. Net profit at Rs 465 crore vs Rs 279. 1 crore, up 66.

6% (Bloomberg estimate: Rs 439. 7 crore). Hathway Cable Q3 FY24 (Consolidated, YoY) Revenue at Rs 504.

58 crore vs Rs 478. 45 crore, up 5. 46%.

Ebitda at Rs 82. 08 crore vs Rs 80. 66 crore, up 1.

76%. Margin at 16. 26% vs 16.

85%. Net profit at Rs 22. 35 crore vs Rs 28.

77 crore, down 22. 31%. Network 18 Q3 FY24 (Consolidated, YoY) Revenue at Rs 1,773.

73 crore vs Rs 1,850. 49 crore, down 4. 15%.

Ebitda loss at Rs 171. 71 crore vs profit of Rs 1. 7 crore.

Net loss at Rs 107. 87 crore vs profit of Rs 8. 82 crore.

TV18 Broadcast Q3 FY24 (Consolidated, YoY) Revenue at Rs 1,676. 19 crore vs Rs 1,767. 71 crore, down 5.

18% (Bloomberg estimate: Rs 1,691. 9 crore). Ebitda loss at Rs 145.

79 crore vs Ebitda of Rs 18. 58 crore YoY. Net loss at Rs 55.

83 crore vs profit of Rs 37. 81 crore. Credo Brands Q2 FY24 (Consolidated, YoY) Revenue at Rs 165.

6 crore vs Rs 142. 7 crore, up 16. 1%.

Ebitda at Rs 56. 82 crore vs Rs 51. 23 crore, up 10.

9%. Margin at 34. 3% vs 35.

9%. Net profit at Rs 27. 97 crore vs Rs 26 crore, up 7.

6%. Gallantt Ispat Q3 FY24 (Consolidated, YoY) Revenue at Rs 1,062. 7 crore vs Rs 1,006.

2 crore, up 5. 6%. Ebitda at Rs 106.

6 crore vs Rs 85. 6 crore, up 24. 5%.

Margin at 10. 03% vs 8. 5%, up 152 bps.

Net profit at Rs 51. 9 crore vs Rs 20. 9 crore, up 148.

32%. ALSO READ HDFC Bank Q3 Results: Net Profit Rises 2. 5% Opinion HDFC Bank Q3 Results: Net Profit Rises 2.

5% Read More Earnings In Focus Alok Industries, Asian Paints, Ganesh Housing Corp, Happiest Minds Technologies, ICICI Prudential Life Insurance, IIFL Finance, LTIMindtree, Oracle Financial Services, and Steel Strips Wheels. Facebook X (was Twitter) ALSO READ Asian Paints Q3 Preview: Profit May Have Grown In Double Digits Opinion Asian Paints Q3 Preview: Profit May Have Grown In Double Digits Read More Stocks To Watch Adani Energy Solutions: The company reported an over 14% jump in sales and a pipeline of 2. 1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.

L&T Technology Services: The company approves the re-appointment of Amit Chadha as CEO and MD for 3 years w. e. f.

April 1. Indian Renewable Energy Development Agency: The company joined hands with Indian Overseas Bank for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation. Rail Vikas Nigam: The company has formed a 49:51 joint venture with Jakson Green for solar projects outside India.

The company incorporated a new subsidiary company, RVNL Infra, in South Africa. G R Infraprojects : The company, through its arm, executed the concession agreement with the National Highways Authority of India for highways in Uttar Pradesh. The project cost is Rs 1,085 crore.

UltraTech Cement: The company incorporated its Meghalaya unit, Letein Valley Cement for limestone mining. Karnataka Bank: The company and Clix Capital entered into a strategic digital co-lending partnership through the Yubi Co-lending Platform to provide loans to the Indian MSME sector. PNC Infratech: The company received a letter of award for a road construction project worth Rs.

1,174 crore in Bhopal from Madhya Pradesh Road Development Corp. GMR Airports: The company reported total passenger traffic at airports at 1. 1 crore, up 15.

3% YoY and total aircraft movements at airports at 68,095, up 8. 3% YoY for the month of December. EKI Energy Services: The company announced the successful launch of the ‘Suryotsava: Nutan Aarambh’ pilot project for distributing indoor solar cooking devices in Kandipura village, Madhya Pradesh.

Share India Securities: The company was informed about cyber fraud by some unknown persons by creating a fishing website and fishing mobile app for the company. ECL Finance: The company reported the value of AIFs held by the company at Rs 1,464 crore as of Sept. 30, 2023, and has exited all AIFs that had prior exposure to debtors as of Jan.

16. DCB Bank: The Reserve Bank of India approved the appointment of Praveen Achuthan Kutty as managing director and chief executive officer. Godrej Properties: The company has acquired an additional one-acre land parcel in Yeshwanthpur, Bengaluru, with a developable potential of approximately 1.

40 lakh square feet of saleable area. ALSO READ Adani Energy Q3 Update: Reports Over 14% Jump In Sales Opinion Adani Energy Q3 Update: Reports Over 14% Jump In Sales Read More IPO Offerings Medi Assist Healthcare: The public issue was subscribed 1. 2 times on day 2.

The bids were led by retail investors (1. 70 times), non-institutional investors (1. 61 times) and institutional investors (0.

01 times). Bulk Deals D B Realty: Pinnacle Investments sold 21. 43 lakh shares (0.

39%) at Rs 233. 65 apiece. Indigo Paints : Smallcap World Fund Inc sold 7.

05 lakh shares (1. 48%) and Morgan Stanley Asia Singapore Pte bought 2. 75 lakh shares (0.

57%) at Rs 1,475 apiece. ALSO READ ICICI Lombard Q3 Results: Profit Rises 22%, But Misses Estimates Opinion ICICI Lombard Q3 Results: Profit Rises 22%, But Misses Estimates Read More Who’s Meeting Whom Tips Industries: To meet analysts and investors on Jan. 24.

Barbeque-Nation Hospitality: To meet analysts and investors on Jan. 17. Trading Tweaks Price band revised from 20% to 10%: Indian Railway Finance Corp, MSTC.

Price band revised from 10% to 5%: Tarc. Ex/record date buyback: Dhampur Sugar Mills. Moved into short-term ASM framework: Accelya Solutions, Dhanlaxmi Bank.

Moved out of short-term ASM framework: GTL Infrastructure. ALSO READ GR Infraprojects Unit Executes Concession Agreement Of Rs 1,085. 5 Crore With NHAI Opinion GR Infraprojects Unit Executes Concession Agreement Of Rs 1,085.

5 Crore With NHAI Read More F&O Cues Nifty January futures down by 0. 49% to 22,029. 50 at a discount of 2.

8 points. Nifty January futures open interest down by 1. 4%.

Nifty Bank January futures down by 0. 19% to 48,244. 95 at a premium of 119.

85 points. Nifty Bank January futures open interest down by 0. 48%.

Nifty Options Jan. 18 Expiry: Maximum Call open interest at 22,500 and Maximum Put open interest at 22,0000. Bank Nifty Options Jan.

17 Expiry: Maximum Call Open Interest at49,500 and Maximum Put open interest at 47,000. Securities in the ban period: Aditya Birla Fashion and Retail, Ashok Leyland, Bandhan Bank, Biocon, Chambal Fertilizers, Delta Corp, Hindustan Copper, India Cements, Indus Tower, Metropolis Healthcare, National Aluminium, Piramal Enterprise, Polycab India, PVRINOX, Zee Entertainment. ALSO READ Fitch Affirms India At ‘BBB-‘, Outlook Stable Opinion Fitch Affirms India At ‘BBB-‘, Outlook Stable Read More Money Market Update The Indian rupee weakened 19 paise to close at 83.

08 against the U. S. dollar on Tuesday.

ALSO READ Market Volatility May Continue For Some More Days, Say Analysts Opinion Market Volatility May Continue For Some More Days, Say Analysts Read More Disclaimer: NDTV is a subsidiary of AMG Media Networks Ltd, an Adani Group Company. .