Indian markets are likely to open higher, extending their gains from the previous session on the back of bullish global cues. Traders will also be getting support with IMF saying in its global growth prospects survey that Indian economy could grow at 7.4% in FY19, as against 6.7% this year, gaining pace to clock growth at 7.8% in FY20. The SGX Nifty indicates that Nifty could open at 10,996 with gains of 29 points at the opening bell.  

DHFL surged for the second day in a row, after taking support at its significant upward sloping trendline level. The company declared its Q3FY18 results on January 22 which led to an upbeat move in the stock prices.

Axis Bank reported stellar quarterly performance in the recent quarter ended December 2017. The asset-quality showed improvement and remained stable, while earnings grew robustly

Generic Engineering Construction & Project (GECPL) has recently won a project worth Rs. 69 crore, with this the total order book of the company stands at Rs. 418 crore. 

With rising inflation and bond yield, most of the debt funds have failed to perform. Credit opportunities funds, however, have delivered good returns. Read on to find if they should form part of your debt portfolio. 

The issue of Galaxy Surfactants Ltd. will remain open for subscription from January 29-31, 2018. The company’s offer consists of an offer for sale (OFS) consisting of 63,31,674 equity shares with face value of Rs 10 aggregating up to Rs 937.09 crore. The issue price will be in the range of Rs 1470-1480 per share.

Indian oil and gas frontliner, Reliance Industries gave multiple resistance breakouts at 957-959 on January 22, posting a new all-time high after its Q3 results.

Reliance Nippon Life Insurance, a subsidiary of Reliance Capital, has signed a bancassurance-corporate agency agreement with Bank of Maharashtra.

Maruti Suzuki, the leader of Indian auto sector, is set to launch a host of new models in the current fiscal.