Indian shares are likely to open lower on Friday as SGX Nifty, an indicator of the opening for the Nifty50, was trading 15.50 points or 0.13 percent lower at 7:40 am, hinting at a negative start for the domestic market. Moreover, in India, factors like SC dismissing telecom firms’ plea seeking review of AGR verdict and ongoing Q3 earnings season are likely to weigh on the market, even as investors gear up for Budget 2020 due on February 1. Here are the stocks to watch out for in Friday's trade:

Wipro: Wipro Ventures announced $150 million Fund II to invest in emerging digital enterprise software leaders.

Bharti Airtel, Vodafone Idea: SC dismissed telecom companies' plea seeking review of AGR verdict.

South Indian Bank: The lender's Q3 profit grew 8 percent to Rs 90.5 crore, NII rose 15.8 percent to Rs 601.8 crore YoY.

UCO Bank: The bank approved a proposal for the issue of equity shares on preferential basis to govt.

Cyient: The firm's Q3 profit jumped 10.4 percent to Rs 107.6 crore and revenue fell 4.6 percent to Rs 1,105.9 crore QoQ.

Hathway Cable: The firm's Q3 profit came in at Rs 68.2 crore versus a loss of Rs 55.8 crore.

Reliance Industries: The company will declare its results for the quarter ended in December 2019.

Tata Consultancy Services: The company will declare its results for the quarter ended December 2019.

CG Power: Businesses of its subsidiaries in Belgium are severely affected due to paucity of funds.

Dishman Carbogen: The company approved buyback of 48 lakh shares for an amount of Rs 72 crore.