Stocks to Watch Today are Reliance, HDFC Bank and ICICI as Q3 Earnings Dominate January 19

Stocks to watch today include heavyweight names from banking, energy, IT, and infrastructure sectors as the share market today reacts to a wave of Q3 earnings announcements, large institutional deals, leadership changes, and regulatory developments on January 19.

Share Market News – Highlights

• Index heavyweights and banking majors
• IT sector quarterly performance
• Mid-cap and sectoral earnings
• Corporate actions and governance updates
• Bulk and block deal activity
• Market context and compliance note

Index Heavyweights Set the Market Tone

The list of stocks to watch today is led by index heavyweights such as Reliance Industries, HDFC Bank, and ICICI Bank, whose quarterly disclosures offer insight into consumption trends, lending growth, and asset quality within the Indian economy.

Reliance Industries reported steady consolidated performance for the December quarter, supported by resilience in its diversified business segments. Revenue growth was driven by digital and energy operations, while margins reflected cost pressures and normalisation in select verticals.

HDFC Bank delivered stable profitability with moderate growth in net interest income and largely unchanged asset quality indicators. Provisioning levels moderated sequentially, reflecting disciplined risk management.

ICICI Bank posted growth in core lending income, though higher provisioning weighed on bottom-line growth. The bank also approved the reappointment of its Managing Director and Chief Executive Officer, ensuring leadership continuity.

IT Sector: Margins, Guidance, and Cost Controls

Information technology stocks remain in focus in the share market today as multiple large-cap IT companies released quarterly results reflecting a cautious global demand environment.

Wipro reported marginal improvement in operating margins supported by cost optimisation, while revenue growth remained modest. The company also declared an interim dividend and provided revenue guidance for the upcoming quarter.

Tech Mahindra recorded improvement in profitability metrics, driven by operating leverage and execution efficiency. Sequential revenue growth remained measured amid ongoing sector-wide demand moderation.

LTIMindtree is scheduled to announce its quarterly earnings later in the session, making it one of the key IT stocks to watch today.

Mid-Cap Banks and Financial Services Performance

Several mid-sized banking and financial services companies reported quarterly numbers that highlighted divergent trends in profitability and asset quality.

Yes Bank reported a sharp year-on-year improvement in net profit, supported by higher net interest income and a significant reduction in provisioning requirements. Asset quality ratios remained broadly stable.

RBL Bank also posted a strong recovery in profitability, aided by lower credit costs. However, management commentary flagged continued monitoring of unsecured loan segments.

UCO Bank and Punjab & Sind Bank reported steady improvement in earnings and asset quality metrics, reflecting ongoing balance sheet repair across public sector lenders.

Corporate Actions and Strategic Developments

Beyond earnings, several corporate announcements are influencing stocks to watch today.

Vedanta disclosed demand notices received by its subsidiary relating to mining lease obligations. The company stated that it is reviewing the claims and evaluating available remedies.

CG Power and Industrial Solutions secured a large overseas order for power transformers linked to a data centre project, marking a strategic expansion of its export footprint.

Rail Vikas Nigam emerged as the lowest bidder for a railway surveillance project, adding to its order book in the transport infrastructure segment.

Protean eGov Technologies announced leadership changes, with the Managing Director and CEO set to step down next year and an interim successor named.

Bulk and Block Deal Activity

Bulk deal activity remained active, reflecting portfolio rebalancing by institutional investors.

Such transactions provide insight into institutional positioning but should be interpreted as disclosures rather than investment signals.

Market Context and Compliance Note

The share market today continues to digest a high volume of corporate information, with earnings season driving short-term stock-specific movements. Banking, IT, and infrastructure sectors remain central to index performance.

This article is strictly informational and does not offer investment advice or recommendations. All data is based on company disclosures and exchange filings available as of January 19. Readers are encouraged to refer to official filings for complete details.

As earnings season progresses, stocks to watch today may change based on new disclosures, macroeconomic data, and regulatory developments.