Infosys's reported consolidated results for the quarter beat market estimates on bottom-line. Revenue for the quarter came in 0.2 % lower than the estimated figure of Rs. 17829 crores. And lastly, net profit for the quarter came in 42.12% higher than the estimated figure of Rs. 3609 crores.

Den Networks hit an upper circuit at 20 per cent in intraday trade making a new 52-week high and has given downward sloping trendline breakout at 108 levels on weekly basis. Above 134.50, the stock may see potential upside.

Despite the neutral stance of Mumbai-based NBFC Capital First and private sector lender IDFC Bank, the market is rife with widely discussing the possibility that the two companies are in the final stage of merger talks.

The market experienced wild intraday swings on Friday. At one point in time, it was trading at an all-time high of 10690, but it slipped to days low of 10,597 level. The market was scaling new highs on a daily basis appeared to take slow down following an unprecedented move by four senior-most sitting Supreme Court judges who held a press conference regarding the irregularities in the functioning of the apex court.

Tata Chemicals completed the sale of its urea and customised fertilisers business for Rs. 2,682 crore to Yara Fertilisers India on Friday. 

Ulcer index one of the ways to calculate investment risk, scores over other traditional risk measures. It gives a sense of stress of an investor.

Following stocks are close to their 52-week low as at 1.02 p.m. on January 12.

The markets on January 12 opened up. BSE Sensex is trading at 34,424.58, down by 78.91 points and the Nifty is trading at 10,622.85, down by 28.35 points.

India’s largest lender State Bank of India is planning to raise funds worth Rs. 20,000 crore through long term bonds in a bid to finance infrastructure and affordable housing in the domestic space as well as the overseas market. 

The consolidated results for the quarter were largely in-line with street estimates. Revenue for the quarter came close to the estimated figure of Rs. 30,960 crores. Also, net profit for the quarter came in slightly higher than the estimated figure of Rs. 6,460 crores.