Key benchmark indices may open with sharp losses following biggest sell-off in the financial markets across globe from Asia to Europe to the United States since 2016  on concerns of inflation. The SGX Nifty indicates that the Nifty could tumble 358 points at the opening bell and open around 10,337.  

The stocks that are expected to witness a significant movement on the bourses on February 6 are Bharti Airtel/Vodafone/Idea Limited, Alok Industries Limited, Indiabulls Ventures Limited, Tata Motors Limited, Reliance Industries Limited and Endurance Technologies Limited.  

The PAT for the quarter came in at Rs 9.8 crore, a decline of 49.6% YoY. This was partly due to tax of ~25 per cent of effective tax rate as against Rs 1.46 crore tax credit in the corresponding quarter last year.

The company reported PAT of Rs 5.04 crore, which represents a sequential QoQ increase of 62.06 per cent and a YoY increase of 63.64 per cent. 

Jaguar Land Rover’s retail sales rose 3.5 per cent to 154,447 units YoY, whereas wholesale sales rose 2.2 per cent to 133,739 units. The Chinese and overseas markets were up, while the UK, US and European markets were down, reflecting more challenging conditions with cyclical weakness in the UK and the US.

Skin care and healthcare FMCG company Emami Limited announces a strategic investment in Brillare Science Private Limited on Monday. The investment is through CCPS route.

Ujjivan Financial Services reported healthy set of numbers in Q3FY18 with a stable loan book growth and steady improvement in asset quality and net interest margins.

The PAT for the quarter came in at Rs. 113.8 crore, yoy increase of 25.9%. This was due to 36.1 per cent yoy increase in other income.

The sector recorded a fast increase in activity in January in comparison with the past three months, on the back of a renewed rise in new business orders in the month.