DSIJ Mindshare

Nifty is presently above its key moving average, i.e. 100-day and 200-day moving average. The zone of 10,776-10,830 is very crucial for the index. Stocks in news: InterGlobe Aviation, Yes Bank and Mindtree.

Indian benchmark indices look set to open higher on Friday tracking firm cues from Asian peers. The SGX Nifty indicates Nifty is likely to open around 10,938 with gains of 52 points. DHFL, Gruh Finance, GSFC, Indian Bank, L&T, M&M Financial, Maruti are some of key companies reporting their earnings today. 

Pharma major has received tentative USFDA approval for Topiramate Extended-Release Capsules. The shares of the company rose almost 2 per cent up intraday on Thursday.a

Sharda Cropchem posted consolidated revenue of Rs. 471.45 crore as against Rs. 325.46 crore in the corresponding quarter last year, registering 45 per cent yoy increase. This was mainly led by a jump in revenue from Agrochemicals and Belts by 40 per cent and 69 per cent, respectively, on YoY basis.

The stocks most likely to witness significant movement on the bourses on January 25, 2019 are PNB Housing Finance, Yes Bank, Poddar Pigments, Kamdhenu and Punjab Chemicals and Crop Protection.