Nifty Expiry Volatility: TCS, HCL, Biocon, and Key Listings to Watch Today

Business
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Moneycontrol•13-01-2026, 09:01
Nifty Expiry Volatility: TCS, HCL, Biocon, and Key Listings to Watch Today
- •Gift Nifty indicates a positive start for the domestic market, but Nifty's weekly expiry and Sensex's early expiry (due to Makar Sankranti) suggest high volatility.
- •TCS Q3 consolidated profit fell 13.9% YoY to ₹10,657 crore, but revenue rose 4.9% to ₹67,087 crore, with an interim dividend of ₹11 and special dividend of ₹46 per share.
- •HCL Tech Q3 consolidated profit dropped 11.2% YoY to ₹4,076 crore, while revenue increased 13.3% to ₹33,872 crore, and the company raised FY2026 revenue growth guidance.
- •Biocon's board approved a QIP issue with a floor price of ₹387.74 per share, potentially worth ₹4,150 crore.
- •NLC India received in-principle approval to list its subsidiary, NLC India Renewables, by selling up to 25% equity, and announced an interim dividend of ₹3.60 per share.
Why It Matters: Market faces high volatility on Nifty expiry; watch TCS, HCL, Biocon, and new listings for significant movements.
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