Today's watchlist: Zee, Cipla, MRPL, Axis Bank, Media Assist, and JSW Group stocks
The benchmark indices are expected to begin trading on a positive note, taking cues from the record-breaking US market. At 08:00 AM, Gift Nifty futures were quoted around the 21,750 level, indicating a potential gap-up of around 150 points. Overnight, the S&P 500 and Dow Jones achieved fresh highs and ended with gains of up to 0.4 percent. Nasdaq also gained 0.3 percent as US bond yields slightly declined. This week, the focus will be on the Bank of Japan's policy meeting today and the European Central Bank policy meeting on Thursday. The US Federal Reserve meeting is scheduled for Jan 30-31 next week.
Earnings today: Axis Bank, Indus Towers, JSW Energy, L&T Finance Holdings, Havells India, Karnataka Bank, Mahanagar Gas, REC, Tata Elxsi, United Spirits, CG Power and Industrial Solutions, Cyient DLM, Gandhar Oil Refinery, Glenmark Life Sciences, Granules India, ICRA, Pidilite Industries, Hitachi Energy India, Rallis India, Sona BLW Precision Forgings, Tanla Platforms, and Ugro Capital are in focus today as they will release their December quarter earnings on January 23.
Zee Entertainment: Sony has terminated the $10-billion merger deal with Zee Entertainment Enterprises. Sony Group Corp said it is calling off a $10-billion merger of its India unit with Zee Entertainment, following a stalemate over who will lead the merged entity.
Coforge: The IT company has announced its financial results for the October-December quarter. The consolidated net profit for the period was Rs 238 crore, which is slightly higher than the Rs 228.2 crore profit recorded during the same quarter last year. Additionally, the company has announced a third interim dividend of Rs 19 per share with a face value of 
10.
10.
ICICI Bank: ICICI Bank Ltd, a private lender, announced that its standalone net profit for the December quarter rose by 23.57% YoY to 10,271.54 crore from 8,311.85 crore in the same quarter last year. This is in line with the growth of 19-25% that analysts were expecting ahead of the quarterly results.
10,271.54 crore from 8,311.85 crore in the same quarter last year. This is in line with the growth of 19-25% that analysts were expecting ahead of the quarterly results.
Lloyds Metals: Lloyds Metals and Energy's consolidated net profit rose 44.13 percent to Rs 33.15 crore on a 91.9 percent increase in total income of Rs 1923.61 crore in Q3.
Persistent Systems: The IT services company reported an 8.7 percent QoQ growth in net profit at Rs 286.1 crore for the October-December period of FY24. Revenue from operations rose 3.6 percent sequentially to Rs 2,498.2 crore for the quarter.
Colgate-Palmolive India: The oral care company reported a 36 percent year-on-year growth in net profit at Rs 330.11 crore in the December quarter. Revenue from operations climbed 8 percent year-on-year to Rs 1,396 crore.
Shree Cement: Shree Cement has recently started commercial production at Nawalgarh Tehsil in Rajasthan. In December of last year, the company commissioned a new kiln at its integrated production facility in Nawalgarh, Rajasthan. The kiln has a capacity of 11,500 tonnes per day.
Tata Motors: The Tata Group firm said it would increase prices of its entire passenger vehicle range by an average of 0.7 percent with effect from February 1.
Medi Assist Healthcare Services: Healthcare third-party administrators' shares are going to be listed on the stock exchange on January 23. The final issue price has been set at Rs 418 per share, and the IPO took place from January 15 to January 17.
