Ahead of Q3 earnings; stocks stay in focus

Today, it is going to be heavy on earnings with a host of companies reporting their quarterly results. The reported earnings are from diverse industry ranging from financial services to fast-moving consumer goods (FMCG) majors.

In a fresh bout of earnings, the housing finance major HDFC will be reporting its Q3 today with earnings expected to be more in line with the street estimates, however, asset quality would be a key figure to watch out along with loan growth numbers.

The country's largest retail financing major, Bajaj Finance will also be coming out with its results which are expected to be muted, as the company has indicated troubles in terms of collections after the demonetisation move.

In FMCG companies, Emami and Godrej consumers products, both are expected to report a dull set of numbers negatively affected by demonetisation which affected demand, therefore, hurting companies by squeezing margins on both-revenue and volume front at the same time.

The broking and financial services company, Emkay and Motilal Oswal Financial Services will also be reporting its Q3. Satellite television leader Dish TV is also coming up with its earnings today along with entertainment services major like UFO Moviez.

Among others, Grasim Industries, Kalindee Rail, V-Guard Industries, and Pfizer will also be reporting its Q3. Among IT firms, Tech Mahindra will be reporting its quarterly results, whose major focus would be its management commentary. The key things to watch will be the company's revenue growth in constant currency, margins, revenue guidance and client additions numbers.

All the above company's stock are in focus ahead of their respective earnings due today.