Why Future Group scaling down e-commerce operations makes sense

• A Mint news report said Future Group has recently shuttered many of its EasyDay stores amid little traction for its EasyDay grocery app
• The fact that the group has a tie-up with Amazon means that it will continue to benefit on the e-commerce side of things through the partnership

Reality check for Kotak Bank stock as growth slows and slippages rise

• A key reason for the slippage in December quarter is the increase in gross non-performing assets, which swelled 7.5% q-o-q
• Kotak Bank increased provisions towards bad loans to ₹444 crore in Q3, higher than the ₹408 crore provisions made in Q2

Reliance drops 3% as some verticals disappoint, erases over $5 billion in m-cap

• The Reliance Industries stock declined 3.08%, its maximum fall since 3 September to close at ₹1,532 a share. So far this year, it has gained 2.5%
• RIL reported lower-than-expected standalone EBITDA at Rs12,871 crore in Oct-Dec as petrochemical EBIT margins missed estimates and came in at 16.1%

Vodafone up 5%, Airtel 1% after telcos seek more time from SC for AGR dues

• The Supreme Court (SC) on Thursday had quashed the review petition by Vodafone and Airtel challenging the apex court's 24 October order that had asked telecom operators to pay more than ₹1 trillion in AGR dues to the DoT

HCL Tech delivers strong Q3 but FY21 growth concerns temper expectations

• The 2.1% sequential revenue growth in constant currency and 20 basis points expansion in operating profit margins exceeded Street estimates
• The company raised the lower end of its revenue growth guidance to 16.5% from 15% for the current fiscal

RIL wipes gains, down 2% as some verticals disappoint

• At 10.35am, the stock was down 2%, its maximum fall since 6 January to hit a low of ₹1550 a share
• So far this year, it has gained 3%

Gold price fall today after rising for three days, silver rates slide

• Analysts expect gold rates to remain sideways in near term
• Gold rates had hit a record high earlier this month in India

Rupee opens marginally higher

• Rupee closes at 71.11 a dollar, down 0.04% from Friday's close of 71.09
• Yield on the 10-year government bond closes at 6.644% compared with its previous close of 6.626%

Sensex falls over 400 points; banks, RIL lead losses

• Oil prices rose to their highest in more than week
• Reliance Industries shares fell 3% today

Stock markets seen under pressure on oil price rise; RIL, TCS shares in focus

• Early turnover in Asian shares was light, with US stock and bond markets closed for the Martin Luther King Jr. holiday
• Shares of Reliance Industries Ltd will be in focus. RIL reported a 13.5% year-on-year jump in its net profit to ₹11,640 crore

Stocks to Watch: RIL, TCS, HDFC Bank, Kotak Mahindra Bank, Lupin

Here’s a list of top 10 stocks that may be in focus on Monday

Oil jumps after unrest hits key OPEC producers Libya and Iraq

• Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya
• Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk

Asia stocks edge higher after strong run

• Indicators of economic health from China and the U.S. last week provided some encouragement for investors
• Attention this week turns back to corporate earnings season

FIIs, MF investors play a different tune on equities

In April-Dec, the net investment made by FIIs in stocks and retail investors in equity mutual funds has been similar. Yet data suggests they have gone in different directions. Mint takes a look

As RIL’s drive to pare its debt gathers pace, capex takes back seat

• Jio’s capex fell to ₹3,000 crore, marking the first quarter when the telco’s capex was lower than its cash profits
• Analysts say RIL has turned free cash flow positive for the first time since the Dec quarter of FY13, with capex declining by 27% q-o-q

Hong Kong’s $1.5 bn fund bets 2020 is year of yuan

• Gavekal Capital says China’s bonds will deliver a 10% return this year.
• Part of those returns will be driven by the strengthening yuan, which will be stoked by both the easing trade tensions and fallout from the unrest in Hong Kong

Despite its limited success, RBI needs to persevere with Operation Twist

• Market participants say that success will come only if the central bank continues with its Operation Twist auctions
• Reserve Bank of India has done three auctions so far

Tailwinds to domestic growth may add more potency to pharma’s Q3

• One must watch for commentary on the US market operations, which will set the tone for the sector for the rest of the year
• No sharp improvements in revenue are likely from Indian companies with operations in the US, though, due to limited launches

Six of top-10 Indian firms add ₹62,773 crore in m-cap; HUL, RIL top the list

• HUL's valuation zoomed by ₹22,827.94 crore to ₹4,45,778.10 crore, topping the gainers' chart
• Among the top losers, SBI took the biggest hit as its m-cap plunged by ₹12,717.6 crore to ₹2,83,802.65 crore

FPIs remain net buyers in January on US-China trade deal

• A net amount of ₹10,200 crore was invested into equities while a net ₹8,912 crore was pulled out from the debt segment
• Majority of the FPI investment in January came a day after the signing of the US-China trade deal and going forward FPI investments are expected to grow