Stocks to watch today on January 13: SBI, Wipro, Tata Motors, Tata Elxsi, Airtel, Tech Mahindra, Hero MotoCorp among others are the top stocks to watch out for in Wednesday s trading session
Bharti Airtel: The company, on Tuesday, said it is initiating the process to revise its foreign investment limit to 100 per cent with immediate effect.
Tata Elxsi: Tata Elxsi s net profit increased 39.5 per cent year-on-year (YoY) to Rs 105.2 crore for the December 2020 quarter.Its revenue from operations rose 12.7 per cent YoY to Rs 477.1 crore for the quarter.
Tata Motors: The firm reported a 1 per cent rise in global wholesales, including Jaguar Land Rover, to 2,78,915 units in the third quarter of the current fiscal.
Tech Mahindra: The company will acquire Payments Technology Services for $9 million. The acquisition will give Tech Mahindra access to IPs and licenses for two products - Open Payment Framework (OPF) and Multi-Bank System (MBS).
Share Market Highlights: Sensex, Nifty end muted after hitting record highs; M&M, SBI, NTPC, ITC top gainers January 13,2021 15:59 IST
Sensex, Nifty Highlights on January 13: After a positive start, market indices turned volatile by the afternoon session and closed muted on Wednesday, amid mixed global equities. Erasing early gains, Sensex ended 24 points lower at 49,494 and Nifty closed 1point higher at 14,564. In today s session, Sensex and Nifty hit new lifetime highs of 49,795 and 14,653, respectively. Yesterday, Sensex ended 247 points higher at 49,517 and Nifty gained 78 points to 14,563.
Closing
After a positive start, market indices turned volatile by the afternoon session and closed muted on Wednesday, amid mixed global equities. Erasing early gains, Sensex ended 24 points lower at 49,494 and Nifty closed 1point higher at 14,564. In today s session, Sensex and Nifty hit new lifetime highs of 49,795 and 14,653, respectively.
Stocks in the news | SBI, Wipro, Infosys, PNC Infratech, GMR Infra, Tech Mahindra, Tata Motors
Hero MotoCorp, Tata Elxsi, Bharti Airtel, Bharat Rasayan, V2 Retail, Emami, Filatex India, Vikas Multicorp, HPL Electric & Power, Sterlite Technologies, Alkem Laboratories, are also among the stocks in focus today. Here is the list of stocks in the news today. Wipro | The software services provider is expected to report revenue growth within its given guidance for the quarter ended December 2020 driven by large deals wins. Key things to watch out for would be Q4 guidance; execution of past large deals; the outcome of annual budgeting cycle of clients and its implications for Wipro; large deal pipeline and pace of decision making; demand commentaries of key verticals; and exits and new hires resulting from the change in the organization structure.
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