Indian equity benchmarks snapped their four-day winning streak on Thursday mirroring losses in global markets led by declines in private sector lenders.

The S&P BSE Sensex fell 0.29 percent or 106 points to 36,106 and NSE Nifty 50 Index declined 0.31 percent or 34 points to 10,822.

Here Are The Stocks To Watch Out For In Today’s Trade

• Tata Motors JLR December sales were down 6.4 percent to 56,120 units on a year on year basis. The company said that retail sales were down due to growing trade tensions between the U.S. and China. JLR says as a part of its cost reduction program it will reduce its global workforce by around 4,500 people. A voluntary redundancy program will start in UK for this transformation program.
• Reliance Industries said it will shut down one of its crude distillation units and coker unit at its Jamnagar refinery for maintenance and inspection for four weeks starting from Jan. 16. The company also stated that other crude distillation and secondary processing units are expected operate normally.
• Himachal Futuristic Communication won optical fibre cable orders worth Rs 500 crores for BharatNet Phase II project from Larsen and Toubro and ITI led consortium.
• Container Corporation of India commenced its coastal operations from Jan. 10. The company will deploy two vessels carrying a minimum of 700 loaded containers and will provide transportation and handling services between Kandla Port to Tuticorin port via the ports of Mangalore and Cochin.
• Praj Industries expanded its bio-energy basket by adding compressed bio-gas technology in its portfolio. The company says it is on track with execution of three bio-refinery projects based on proprietary 2G technology.
• Lemon Tree Hotels signed a licensing agreement for 50 room resort property in Andhra Pradesh.
• Shriram EPC clarified on the news that PNB-led consortium taking factory possession of its arm, stating that company has just 1.04 percent stake in the shareholding of the mentioned joint venture.
• Shakti Pumps said that there was a dispute between their Labour contractor and some workers resulting in the contractor to cancel the labour contract. This led to the company shutting its operations between Jan. 9-10.
• KNR Constructions arm received financial closure from NHAI for Telangana Project worth Rs 12,340 crore.
• NBCC India secured total business worth Rs 188 crore for December.
• Mukand received no adverse letter from the exchanges for the proposed merger of its three arms with self, as to enable the company to file the scheme with NCLT.
• Welspun Enterprises arm executed an agreement with Maharashtra Public Works Department to upgrade roads in the state at a bid project cost of Rs 1,460 crore and for the first year’s operation and maintenance cost for Rs 31.5 crore.

Nifty Earnings To Watch

• Infosys

Other Earnings To Watch

• Reliance Industrial Infrastructure
• Karnataka Bank

Earnings Reaction To Watch

Tata Consultancy Services (Q3 QoQ, Consolidated)

• Dollar revenue up 0.7 percent at $5,250 million
• Revenue up 1.3 percent at Rs 37,338 crore
• Net Profit up 2.6 percent at Rs 8,105 crore
• EBIT down 2.2 percent at Rs 9,559 crore
• Margins at 25.6 percent versus 26.5 percent

Bulk Deals

Bliss GVS Pharma

• Kotak Mahindra Investments sold 5.5 lakh shares (0.53 percent) at Rs 171.59 each

CL Educate

• ICICI Lombard General Insurance sold 1.03 lakh shares (0.73 percent) at Rs 114.98 each

Trading Tweaks

• Tata Investment Corporation record date for share buy-back.
• Acrysil record date for share split from Rs 10 to Rs 2 per share.
• Gruh Finance, 5paisa Capital to move into Short Term ASM Framework.

Who’s Meeting Whom

• Dixon Technologies to meet Kotak MF, Philip Capital and UBS from Jan. 11-15.
• Great Eastern Shipping to meet Philip Capital on Jan. 15.

Insider Trading

• Omax Autos promoter and director Jatendar Kumar Mehta acquired 65,800 shares from Jan. 8-9
• Simplex Infra promoter JMS Mining acquired 6.02 lakh shares on Jan. 5
• Welspun Corp promoter group Intech Metals S.A. sold 1.85 lakh shares from Jan. 7-9
• Astra Microwave Products promoter group Prathap Reddy sold 62,000 shares from Dec. 12 -Jan. 7
• Nandan Denim promoter group Chirpal Exim LLP acquired 50,000 shares on Jan. 8.
• Man Infra promoter and director Parag Shah acquired 50,000 shares on Jan. 9.

(As reported on Jan. 10)

Money Market Update

• The rupee on Thursday ended at 70.41/$ versus Wednesday’s closing of 70.46/$.

F&O Cues

• Nifty January futures closed trading at 10,858, premium of 36 points.
• Max open interest for January series at 11,000 strike value call (open interest at 40.9 lakh shares)
• Max open interest for January series at 10,500 strike value put (open interest at 41.6 lakh shares)

Stocks In F&O Ban

• Adani Power
• Jet Airways

Put-Call Ratio

• Nifty PCR at 1.46 versus 1.43.
• Nifty Bank PCR at 0.92 versus 1.4.