Updated on 24 Jan 2017

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News/Events affecting stock prices - Here
The Indian stock market indices, Nifty and Sensex, are likely to open higher on Tuesday following Nifty futures on the Singapore Stock Exchange (SGX Nifty).

SGX Nifty was trading 14.50 points, or 0.17 per cent, up at 8,428.50 around 7.45 am (IST), indicating a positive start for NSE Nifty index.

Asian markets - Hang Seng and Shanghai indices were trading higher by 0.23 per cent and 0.13 per cent, respectively, whereas Nikkei index was trading down by 0.11 per cent in morning trade.

On Wall Street, the Dow Jones Industrial Average index closed 0.14 percent down at 19,799.85 on Monday, while the S&P 500 and Nasdaq settled 0.27 per cent and 0.04 per cent down at 2,265.20 and 5,552.94, respectively.
Tata Communications: Telecom firm Tata Communications on Monday posted an over 12-fold jump in its December quarter net profit at Rs 1,412.88 crore on account of realisation from sale of its data centre. It had posted a net profit of Rs 110.74 crore in the same period a year ago.

GSFC: Gujarat State Fertilisers and Chemicals (GSFC) reported 40 per cent decline in net profit to Rs 61.17 crore for the December quarter of the current fiscal. Its net profit was Rs 103.66 crore in the October-December period of last fiscal, GSFC said in a regulatory filing.

Karnataka Bank: The bank on Monday reported a fall of 29.3 per cent in net profit at Rs 68.52 crore for the third quarter ended December 31, 2016 as higher allocation to cover bad loans eroded benefits. Bank's net profit in corresponding October-December quarter of 2015-16 stood at Rs 96.91 crore.

Bharti Infratel: Mobile tower company Bharti Infratel reported 25 per cent increase in consolidated net profit to Rs 620 crore for the December quarter of the current fiscal. It had posted net profit of Rs 495 crore in the same period of last fiscal, 2015-16.