Indian markets are likely to make a cautious start mirroring the nervousness in the global markets. Market participants will also react to industrial output data which was released post market hours on Friday. The Industrial output growth plunged to a 17-month low of 0.5 per cent in November. Going ahead, investors will be eyeing WPI inflation data and CPI inflation data which are due to be released today. The trend on SGX Nifty indicates Nifty will open almost unchanged at 10,825. 

Grocery retailer Avenue Supermarts Limited reported 33 per cent growth in revenue for Q3FY19 but PAT growth was flat due to a reduction in gross margin. The company reported its Q3FY19 results on Saturday.

The bank provisioned Rs. 384.95 crore for its exposure to infrastructure development and finance sector, which was classified as a non-performing asset during the quarter.

The stocks most likely to witness significant movement on the bourses on January 14, 2019 are Karnataka Bank, Infosys, Indian Energy Exchange, Krebs Biochemicals & Industries and Sun Pharma.

Hexaware Technologies was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

The stock has witnessed a breakout of downward sloping trendline on the weekly time frame along with robust volumes.

The company's board has approved a buyback of its equity share at a max price of Rs. 800 apiece aggregating up to Rs. 8,260 crore. Notably, it has declared a special dividend of Rs. 4/- per equity share and fixed January 25, 2019 as the record date for this dividend and January 28, 2019 as payment date.

The company's board approved the transfer of the regulated markets injectable business to the company's wholly-owned subsidiary Caplin Steriles. The stock was up more than 13 per cent during the day.

Following stocks are close to their 52-week low as at 02.13 p.m. on January 11, 2019.

The markets on January 11, 2019 opened gap down. BSE Sensex is trading at 35,875.15, down by 231.35 points and the Nifty is trading at 10,758.15, down by 63.45 points.