DSIJ Mindshare

Indian stocks are likely to open flat to slightly higher on Thursday as cues from Asian peers are not encouraging. The trend in SGX Nifty indicates a modest positive opening to the session and Nifty could open up by 28 points around 10,904 level. The stocks of TCS and Bandhan Bank will be in the limelight as they will announce their quarterly earnings today.  

The following stocks would be in focus during Thursday’s trading session in light of their results announcement: Bandhan Bank, Goa Carbon, TCS, Flexituff Ventures and Tayo Rolls.

Cochin Shipyard today informed the bourses that it has signed Annual Maintenance Contract (AMC) with Kerala Coastal Police for the repairs and maintenance of 23 coastal interceptor boats. The AMC agreement is for 5 years.

The stocks most likely to witness significant movement on the bourses on January 10, 2019 are Bajaj Consumer Care, IndusInd Bank, AGC Networks, Cochin Shipyard and Yes Bank.

IndusInd Bank posts muted PAT growth of 5 per cent for the third quarter of FY19, on Wednesday. The bank increased its provision for IL&FS group loans in view of the company's defaults on interest payments to bondholders.