Indian shares are expected to open lower on Friday following muted trades in global markets amid concerns over spreading coronavirus in China. Bharti Airtel and Vodafone Idea will be in focus today after the DoT decided not to take actions against telcos for not paying AGR dues on time. Also in news were Biocon and HDFC Life, which reported their Q3FY20 earnings.

Here is a list of top stocks to watch out for in today’s trade:

The DoT will not take any coercive action against telecom companies for non-payment of AGR dues until further court orders.

Biocon’s Q3FY20 net profit falls 6.62 percent to Rs 202.8 crore due to higher R&D expenses and tax impact of an exceptional item.

Oil minister Dharmendra Pradhan says non-telecom PSUs, such as GAIL, Oil India and PowerGrid, are not liable to pay the AGR dues sought by the DoT.

Sebi is likely to call for a forensic audit of the books of Infosys as it continues to probe whistleblower allegations of alleged financial irregularities.

Bharti Airtel chief regulatory officer Ravi Gandhi resigns to pursue career outside the company.

Reliance Jio pays Rs 195 crore to the telecom department to clear all AGR dues accounted till January 31.

HDFC Life’s Q3FY20 profit growth remains flat at Rs 250.24 crore, while total income declines to Rs 11,648.72 crore.

Zensar Technologies posts a 32.6 percent fall in net profit to Rs 39.5 crore for the December 2019 quarter.

PVR Ltd reports a consolidated net profit after tax of Rs 36.26 crore in Q3FY20, compared to a profit of Rs 55.22 crore a year ago.

Q3FY20 Earnings Today: Ultratech Cement, JSW Steel Bank of Baroda, Aavas Financiers.