NEW DELHI: After scaling newer heights, the domestic equity benchmarks seem to have developed cold feet, as Asian stocks struggled to gain traction on Friday, following a mixed end to Wall Street trade and as the worsening Sino-US trade dispute kept investors in the region cautious.
Key earnings from top companies like RIL, ICICI Bank, HCL Tech are likely to dominate proceedings all through Fridays session.
Here is a list of buzzing stocks that you should be watching on Dalal Street during the day.
RIL: Reliance Industries is set to announce its financial performance for Q1 on Friday, and the Street will look for more details on the rollout and investment of the home-to-fibre, which the company announced earlier this month.
ICICI Bank: The private lender is scheduled to announce its quarterly earnings during the day.
Idea: DoT has given the final nod to the merger of Vodafone India with Idea Cellular to create Vodafone Idea, the largest carrier by subscribers
Jubilant Foodworks: Dominos has got caught in the crosshairs as Directorate General of Anti-Profiteering has found that the pizza chain has not passed on a cut in GST to consumers
Hindalco: The Birla company on Thursday said its US subsidiary Novelis has agreed to buy rival aluminium products company Aleris in a deal valued at $2.58 billion. Kumar Mangalam Birla said the acquisition will insulate Hindalco from aluminium price fluctuations and help grow its valueadded product business.
Airtel: Bharti Airtel eked out a modest net profit on a consolidated basis in the first quarter, helped by a one-time exceptional gain, but losses worsened in India as pricing pressure mounted.
Maruti: Maruti Suzuki posted a lower-than-expected 27 per cent increase in first-quarter net profit, as higher other expenses and lower non-operating income affected an otherwise strong operational performance.
HCL Tech: The IT major is scheduled to announce its June quarter earnings during the day.
ITC: ITC announced a 10.1 per cent jump in net profit at Rs 2,818 crore for the first quarter on back of 13.5 per cent jump in gross sales value (GSV) at Rs 18,171.66 crore which the conglomerate said was driven by cigarettes, packaged food, personal care, stationary and agri businesses.
IndiaOil: IOC has opposed GAILs pitch for a unified tariff for its pipelines, saying such a move would raise input cost for its three refineries by Rs 1,000 crore.
Yes Bank: YES Bank said its first quarter net profit increased 31 per cent year-on-year to Rs 1,260 crore or Rs 5.39 per share as both interest as well as non-interest income rose sharply.
Bharat Financial: Bharat Financial Inclusion, the countrys largest microfinance company, has reported a three times growth in quarterly net profit from a year ago on stable asset quality and lower marginal borrowing cost
SBI Life: SBI Life Insurance, the countrys second largest private sector life insurer by market capitalisation, reported a 13% growth in net profit during the first quarter on Thursday, compared with the year-ago period.
RCom: SBI chief has asked the telecom department to rethink its decision to cancel the licences of Reliance Communications and revoke spectrum, as it would otherwise cause “irreparable harm” to the lenders that are still to recover thousands of crores loaned to the telecom firm.
Quess Corp: The IT firms first quarter revenue rose 52 per cent driven by acquisitions and the company has hired consulting firm Accenture to identify ways to boost its margins.
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