Today, Friday, January 16, is the last trading day of the week. The Indian stock market is expected to open on a cautious note. T
his is mainly due to the sharp fall seen in benchmark indices on Wednesday, the release of quarterly results by several companies on Thursday,
and mixed signals from Asian markets. Because of these factors, investors may remain careful during today’s session.
On Wednesday, both key indices ended in the red. The Nifty 50 fell by 66.70 points, or 0.26%, to close at 25,665.60.
The Sensex declined by 244.98 points, or 0.29%, ending at 83,382.71. The combined effect of Wednesday’s market fall and Thursday’s results may influence stock movement today.
Stocks to Watch Today
Infosys
Infosys shares will be closely watched today after the company announced its third-quarter results for FY 2025–26 on January 14.
The company’s revenue increased by 2.2% to ₹45,479 crore compared to the previous quarter. However, net profit fell by 9.6% to ₹6,654 crore, down from ₹7,364 crore in the last quarter.
The company explained that profits declined due to higher exceptional expenses following the implementation of the new labor code. These expenses arose from major adjustments in gratuity and leave-related liabilities.
L&T Technology Services
L&T Technology Services will also remain in focus after reporting its Q3 FY26 results on Thursday. The company posted a net profit of ₹303 crore, which is a 7.9% decline from ₹329 crore recorded in the same quarter last year.
The profit was impacted by a one-time expense of ₹35.4 crore related to the implementation of the new labor code.
Jio Financial Services
Jio Financial Services shares may attract attention today after Jio Platforms reported strong performance in the December quarter.
The company’s net profit rose by 26% to ₹6,861 crore, while revenue increased by 19.4% to ₹33,074 crore. During this period, Jio’s subscriber base also grew to 482 million.
Waaree Renewable Energies
Waaree Renewable Energies shares will be in focus after the company received a new order worth ₹102.75 crore.
The order is for a 25MWac/35MWp solar power project to be executed on a turnkey basis. The project is expected to be completed during the 2026–27 financial year.
NTPC
Shares of NTPC may see movement today after the company announced an update from its renewable arm.
NTPC Renewable Energy has started commercial power supply of 300 MW from its 500 MW Bhadla Solar Project in Rajasthan from January 13.
Groww
Groww will also be watched after announcing its third-quarter results on Wednesday. In addition, the company said that US-based State Street Investment Management will acquire a 23% stake in Groww Asset Management for USD 65 million, which is approximately ₹580 crore.
HDFC Life
HDFC Life shares will be in focus following the release of its Q3 results on Thursday. The company’s premium equivalent grew by 11% year-on-year to ₹3,974 crore.
The value of new business increased by 3% to ₹930 crore. For Q3 FY26, HDFC Life reported a consolidated profit after tax of ₹418.2 crore, which remained nearly unchanged compared to ₹421.3 crore in the same quarter last year.
