Global markets are suggesting positive signals, indicating a potential “GAP-UP” opening for Indian markets today.
* 81 companies, including IndiGo and JSW Steel, are set to announce their Q3 earnings today, with significant attention on their financial performance.
* IndiGo is expected to see a 25% year-on-year decline in net profit due to increased costs, despite a projected 10% revenue growth.
KEI Industries and Tanla Platforms have declared interim dividends of Rs 4 and Rs 6 per share respectively, with January 27 set as the record date for eligibility.
* Shareholders must hold the stocks by the record date to qualify for the dividends, which will be distributed by February 20.
* GB Logistics IPO opens for subscription today, aiming to raise Rs 25 crore through a fresh equity sale of 24.57 lakh shares, with a price band set at Rs 95-102 per share.
* EMA Partners shares are set to debut on the NSE SME platform with an anticipated 28% listing gain, supported by a grey market premium (GMP) of Rs 35.
* Oil prices fell as President Trump urged OPEC and Saudi Arabia to lower prices and increase crude production, with Brent crude at $77.95 and WTI at $74.31.
Gold prices are on track for a fourth consecutive weekly gain, driven by uncertainties surrounding U.S. President Trump’s trade policies, which have weakened the dollar and increased demand for gold as a safe-haven asset.
