Industrial results to watch - Tata Power, JK Lakshmi Cement

Institutional action

FIIs net bought Rs 152 crore while DIIs net sold Rs 21 crore in cash markets on January 18, as per provisional data. FIIs net bought Rs 13 crore in F&O. Results to watch - Tata Power, JK Lakshmi Cement, Kajaria Ceramics, Easun Reyrolle, Mindtree, Sonata Software, SRF, MRPL, ENIL UCO Bank Q3FY10 UCO Bank's Q3FY10 net interest income was up 39.4% from Rs 450.21 crore to Rs 627.61 crore and other income was down 23.9% from Rs 307.6 crore to Rs 234.04 crore. Provisions fell 6.86% from Rs 226.93 crore to Rs 211.36 crore and net profit went up 42.74% from Rs 171.63 crore to Rs 245 crore. GAIL Q3 GAIL's Q3 revenues were up 6.7% at Rs 6,205.7 crore versus Rs 5,816.1 crore and net profit went up to Rs 859.9 crore from Rs 253.4 crore. OPM improved to 20.75% versus 4.65%. Stocks to watch Metals & Cement - going into earnings with profitbooking Divestment/Budget stories - to see trading interest US markets were shut on Monday for Martin Luther King Junior holiday. F&O highlights FIIs net sold Rs 252 crore in Nifty Futures while FIIs net bought Rs 378 crore in Nifty Options. Total Futures' OI (open interest) was up Rs 1,259 crore and total options' OI up Rs 2,011 crore. Stock Futures added 4.9 crore shares in OI. Nifty Calls added 4.6 lakh shares in OI. Nifty Puts added 28.7 lakh shares in OI. Nifty PCR was up to 1.34 versus 1.28. The Nifty Futures added 2.9 lakh shares. The Nifty Futures ended with a 3 points discount. Nifty 5200 Put added 7.9 lakh shares in OI; Nifty 5300 Put added 5.1 lakh shares in OI; Nifty February 5100 Put added 3.3 lakh shares in OI; Nifty February 4900 Put added 3.2 lakh shares in OI and Nifty 5400 Call added 3.1 lakh shares in OI. Nifty 5300 Call shed 2.1 lakh shares in OI.

Source: http://www.moneycontrol.com/news/cnbc-tv18-analyst-markets/results-to-watch-tata-power-jk-lakshmi-cement_436450.html