Top stocks to watch out for on January 31: Bharti Airtel, ICICI Bank, Jet Airways, Vedanta

SUMMARY

Indian shares are set to open higher on Thursday, tracking Asian peers, after the US Federal Reserve signaled a pause in interest rate hikes. However, investors may remain cautious ahead of Friday's interim budget. Here are the top stocks to watch out for today

By CNBC-TV18Jan 31, 2019 7:42:11 AM IST (Published)

Indian Oil Corp, the country's top refiner, is looking for an annual deal to buy US crude as it seeks to broaden its oil purchasing options, its chairman said on Wednesday, amid uncertainties over imports from Iran. (Reuters)

ICICI Bank on Wednesday reported a 2.7 percent year-on-year (YoY) fall in its net profit at Rs 1,604.9 crore for the third quarter ended December 2018,on higher provisions. (Picture credits: Reuters)

Jet Airways on Wednesday denied its aircraft had been grounded by GE Capital Aviation Services (GECAS) after media reports raised further concerns over the airline's ability to pay dues. (Reuters)

Results today: Vedanta, Bharti Airtel, Hero Moto, UPL, Power grid, Indiabulls housing Finance, Dabur, NMDC, Petronet LNG, V Guard, Emami, Chambal Fertilizer, Cigniti Tech, Magma FinCorp, Credit Access, Gujarat Alkalies, JMC projects, Sundaram Finance, Jamna Auto, Dena bank, Eclerx Services, Laurus Labs, Narayana Hrudayalaya, Jubilant Industries, LG Balakrishnan, IFB Industries, TD Power Accelya Kale, Aegis Logistics, Datamatics, HSIL, Mold Tek, Oriental carbon, Selan exploration, Solar Industries, SQS India, Srikalahasthi Pipes. (Picture credits: stock image).

Hexaware Technologies reported a 2 percent rise in consolidated net profit at Rs 123.4 crore for the December 2018 quarter. (Picture credits: stock image)

Hero MotoCorp on Wednesday announced setting up of its first research and development (R&D) center near Munich in Germany, reported PTI. Hero MotoCorp unit Hero Tech Center Germany GmbH is located at Stephanskirchen near Munich.(Picture credits: Reuters)

Bharti Airtel: The company said it is investing $200 million via equity issuance from the Qatar Investment Authorityto its operations in Africa. (Picture credits: Reuters)

Cadila Healthcare: Zydus Wellness and its partnership firm Zydus Wellness—Sikkim acquired 100 percent of the equity share capital of Heinz India Private Limited. (Picture credits: Reuters)

Ajanta Pharma: The company said the board approved a buyback of up to 7.69 lakh shares at a price up to Rs 1,300 per share. (Picture credits: Reuters)

63 Moons: The Supreme Court on Wednesday rejected petitions against a Bombay High Court order that stayed attachment of assets of 63 Moons Technologies (formerly Financial Technologies Ltd), sending the company’s stock 17 percent high towards the market close. The stock is expected to show an upward trend today as well. (Picture credits: stock image)