From HCL Tech and HDFC Bank Q3 results to anchor lock-in expiry - 23 triggers that could determine stock market movement next week
Indian stock markets will reopen on Monday after ending almost flat on Friday albeit with some negative bias. The markets will not only be impacted by the tiggers it will get from events lined-up during the week, it will also take cues from news that develop during the week and from events that happened after the market closing on Friday.
Indian stock markets will reopen on Monday after ending almost flat on Friday albeit with some negative bias. The markets will not only be impacted by the tiggers it will get from events lined-up during the week, it will also take cues from news that develop during the week and from events that happened after the market closing on Friday. Zee Business brings a complete list of these triggers.
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While the BSE Sensex closed at 61,223.03, down by 12.27 points, the broader market Nifty50 ended at 18,255.75, a couple of points lower than the Thursday closing price.
The markets recovered towards the close of the trading session after trading in red for most part of the day. Nifty Bank settled at 38,370.40, lower by almost 100 points of 0.26 per cent. Meanwhile, Nifty Midcap 100 also closed with marginal losses.
The Foreign Institutional Investors (FIIs) were net sellers on Friday, and sold Indian equities worth Rs 1598 cr, the Domestic Institutional Investors (DIIs) were net buyers and purchased stocks worth Rs 371 cr on the intraday basis.
Triggers During week gone by:
HCL Technologies Q3FY22 results: Company posted a 13.6 per cent decline in net profit at Rs 3,442 crore in the December quarter but said it had seen all round "stellar performance" across verticals and geographies.
Hinduja Global: In a Board meeting, company announced decisions related to share buyback and potential mergers and acquisitions.
HDFC Bank reported a strong Q3FY22 results with consolidated PAT rise of 21% YoY at Rs 10,591 cr; advances were up 16% YoY
Monday - 17 January Ultratech Cement Q3FY22 results.
Som Distilleries: 17-31 January rights issue. Company to issue 50 lakh shares. Issue Size: Rs 17.49 cr; Issue Price: Rs 35/share, Record Date was 3 January.
CE Infosystems: Anchor locking to end on this day. Anchor Book: 330 cr.
Metro Brands: Anchor locking to end on this day, Anchor Book: 410 cr.
Nazara Tech: Bord meeting to mull over issue of preferential shares.
Hinduja Global: Ex-date for Rs 150/share interim dividend.
Info Edge: Ex-date for Rs 8/share interim dividend.
US markets to remain closed.
Bank of Japan to issue monetary policy statement.
Tuesday - 18 January – GHCL – Hearing over textile business demerger on 18 January in NCLT.
Ramkrishna Forgings: Board meeting on share split issue.
Bajaj Finance: Company to consider raising funds via NCDs.
Shalimar Paint: Board meeting over raising funds.
Wednesday - 19 January – Last date to subscribe silver ETF of ICICI Prudential Mutual Fund. It was country’s first Silver ETF.
Medplus Health: Anchor lock-in to end on this day. Anchor Book: 418 cr.
Mastek: Q3FY22 results and interim dividend.
Thursday - 20 January - ORIENT ELECTRIC - Q3FY22 results and interim dividend.
Visaka Industries: Board meeting for interim dividend.
Friday - 21 January - Data Patterns: Anchor lock-in to end on this day. Anchor Book: Rs 176 cr.
Cheviot: Last date for share buyback. Buyback Size: 43.1 cr, Buyback Price: Rs 1725/share
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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