All You Need To Know Going Into Trade On January 13

Asia stocks were mixed Thursday after a U.S. inflation climbed at the fastest pace since 1982, intensifying calls for interest-rate increases as soon as March.

Shares rose in Hong Kong and fell in Japan. China was steady. U.S. futures fluctuated after the S&P 500 and the Nasdaq 100 ended higher Wednesday.

The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index's performance, rose 0.66% to 18,336.50 as of 7:30 a.m.

Elsewhere, oil rose amid signs of tighter supply. Bitcoin traded around $44,000

Tata Consultancy Services Q3FY22 (Consolidated, QoQ)

• Revenue up 4.31% at Rs 48,885 crore Vs Rs 46,867 crore (BBG estimates: Rs 48,532.93 crore).

• Net profit up 1.51% at Rs 9,769 crore Vs Rs 9,624 crore (BBG estimates: Rs 9,988 crore)

• Ebit up 1.98% at Rs 12,237 crore Vs Rs 12,000 crore (BBG estimate: Rs 12,562 crore)

• Margins at 25% Vs 25.6% (BBG estimate: 25.88%)

• Approved Rs 18,000 crore buyback proposal

• Declared interim dividend of Rs 7 per share

Wipro Q3FY22 (Consolidated, QoQ)

• Revenue up 3.28% at Rs 20,313.6 crore Vs Rs 19,668.9 crore

• Net profit up 2.25% at Rs 2,996.5 crore Vs Rs 2,930.6 crore

• Ebit up 2.41% to Rs 3,575.2 crore Vs Rs 3,491 crore

• Margins at 17.60% Vs 17.75%

• Declared interim dividend of Rs 1 per share

Infosys Q3FY22 (Consolidated, QoQ)

• Revenue up 7.65% at Rs 31,867 crore Vs Rs 29,602 crore (BBG Estimate: Rs 30,867.9 crore)

• Net profit up 7.16% at Rs 5,809 crore Vs Rs 5,421 crore (BBG Estimate: Rs 5,744.65 crore)

• Ebit up 7.34% at Rs 7,484 crore Vs Rs 6,972 crore (BBG Estimate: Rs 7,281 crore)

• Margins at 23.5% Vs 23.6% (BBG Estimate: 23.58%)

• Tata Motors: Jaguar Land Rover retail sales continued to be constrained by the global semiconductor shortage in Q3. Retail sales declined 13.6% quarter-on-quarter to 80,126 vehicles. However, wholesale volumes were 69,182 units and production volumes were 72,184 units in the period (both excluding China JV), up 8% and 41% respectively compared to the Q2.

• Cipla: The stockholders agreement between the company’s subsidiary InvaGen Pharmaceuticals and Avenue Therapeutics remains in force and InvaGen will continue to hold shares in Avenue.

• Kotak Mahindra Bank: The bank’s board has passed a resolution allowing promoters’ voting rights in the bank to be capped at 26% going forward.

• PB Fintech: The company has reached an annualised loan disbursal rate of $1.1 billion (excluding credit card issuance). The fintech disbursed Rs 695 crore in December 2021 across 668 cities in India.

• Mastek: The company will consider payment of interim dividend on Jan. 19.

• IndBank Merchant Banking Services: The company reported a total revenue of Rs 5.45 crore, up by 36.25% on sequential basis. Net profit of Rs 2.99 crore as compared to Rs 1.43 crore QoQ.

• Titagarh Wagons: The company acquired infrastructure of erstwhile Precision Shipyard to expand its Ship-building business.

• Sandhar Technlogies: The company has applied under the Production Linked Incentive scheme for Automobile and Auto Components Sector of the Ministry of Heavy Industries.

• Nazara Technologies: To consider preferential issue of shares on Jan. 17.

• Mindspace Business Parks REIT: Executive Committee to meet on Jan. 17 to consider raising upto Rs 500 crore through issue of debt securities.

• Dixon Technologies: The company has signed the joint venture agreement with Rexxam for manufacturing of printed circuit boards for air-conditioners. JV has received approval under PLI scheme.

Earnings: Mindtree, CESC, Tata Metaliks, GTPL Hathway

• Centrum Capital: Promoter JBCG Advisory Services revoked a pledge of 65 lakh shares on Jan. 06. Promoter Businessmatch Services (India) revoked a pledge of 20 lakh shares on Nov. 15.

• Solara Active Pharma Sciences: Promoter group Chayadeep Ventures revoked a pledge of 2 lakh shares on Jan. 04.

• Arshiya: Promoter Archana A Mittal invoked a pledge of 50 lakh shares on Dec. 24.

NCC: KBC Eco Fund sold 32.18 lakh (0.52%) shares at Rs 75.21 apiece.

Tata Motors DVR: Rakesh Jhunjhunwala bought 12.50 lakh (0.24%) shares at Rs 255 apiece. Rare Enterprises sold 12.50 lakh shares (0.24%) at Rs 255 apiece.

• DCM Shriram: To meet investors/analysts on Jan. 19

• Maruti Suzuki: To meet investors/analysts on Jan. 13.

• Tata Communications: To meet investors on Jan. 20.

• CCL Products: To meet investors/analysts on Jan. 20.

• Onward Technologies: To meet investors/analysts on Jan. 17.

• Price Band Revised From 20% To 10%: Greaves Cotton, India Nippon Electricals

• Move Into Short-Term ASM Framework: Texmaco Rail & Engineering, HCL Infosystems

• Move Out Of Short-Term ASM Framework: Medicamen Biotech

• Ex-Date Buyback: Ajanta Pharma

• Ex-Date Amalgamation: Srikalahasthi Pipes

The rupee ended at 73.9175 against the U.S. Dollar on Wednesday as compared to Tuesday's closing of 73.9113.

F&O Cues

• Nifty January futures ended at 18,227; a premium of 14.65 points.

• Nifty January futures added 0.13% and 251 shares in Open Interest.

• Nifty Bank January futures ended at 38,830; a premium of 112.8 points.

• Nifty Bank January futures added 2.08% and 1,970 shares in Open Interest.

• Securities in the ban list: RBL Bank, Delta Corp, Indiabulls Housing Finance, Vodafone Idea

• Securities added to the ban list: Steel Authority of India.

• Exchanges, Staffing, Internet Q3 Earnings Preview - Momentum Continues: HDFC Securities

• Godrej Consumer Products - Investment Rationale Intact: Motilal Oswal

• Budget 2022 Expectations - Government Likely To Target FY23 Fiscal Deficit At Rs 15.2 Trillion: ICRA

• SBI Cards - Top-Of-The-Crest Play: HDFC Securities Initiates Coverage

• BFSI Q3 Earnings Preview - Gaining Pace: Axis Securities

• Paytm - Robust Growth In Gross Merchandise Value; Loan Disbursals Continues: Motilal Oswal